1. Introduction
Maximus Markets Limited (brand name “MaximusFX”, hereinafter referred to as the “Company”) is committed to preventing money laundering and the financing of terrorism. The Company implements strict internal policies and procedures designed to ensure that its services are not used for any illegal activities.
We share an internationally recognized business practice whereby any financial company should be authorized or licensed by the relevant regulatory body overseeing the financial sector.
Maximus Markets Limited is registered in Saint Vincent and the Grenadines under company number 21567 IBC 2013, and operates in accordance with applicable international standards.
2. Regulatory Status
Maximus Markets Limited is incorporated in Saint Vincent and the Grenadines. The Company operates in the foreign exchange market and adheres to internationally accepted Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) standards.
3. Know Your Customer (KYC)
In order to comply with AML requirements, the Company applies strict Know Your Customer (KYC) procedures. All clients must complete identity verification before accessing trading services.
This process includes:
- Valid government-issued identification (passport, ID card, or equivalent)
- Proof of residence (utility bill or official document issued within the last 3 months)
- Additional documentation when deemed necessary
The Company reserves the right to request further information at any stage.
4. Client Identification and Security
MaximusFX uses unique security identification methods that identify the account owner through advanced electronic algorithms selected during the registration process in the Client Portal.
By using one of the most advanced and reliable online security identification methods, the Company ensures that all financial transactions within a trading account can be carried out solely by its rightful owner.
5. Monitoring of Transactions
The Company continuously monitors client activity to detect suspicious behavior, including but not limited to:
- Transactions inconsistent with the client’s profile
- Unusual trading patterns or volumes
- Multiple account usage without clear justification
- Transfers lacking economic or lawful purpose
6. Reporting Suspicious Activity
If suspicious activity is detected, the Company reserves the right to:
- Temporarily or permanently suspend the client’s account
- Block or withhold funds pending investigation
- Report such activity to relevant authorities, when applicable
The Company is not obligated to inform the client if such disclosure could interfere with an investigation.
7. Deposits and Withdrawals Policy
To ensure transparency and compliance:
- All deposits and withdrawals must be made using accounts in the same name as the trading account holder
- Third-party payments are strictly prohibited
- Withdrawals will be processed using the same method as the original deposit whenever possible
8. Risk-Based Approach
The Company applies a risk-based approach to AML compliance, assessing clients based on factors such as:
- Country of residence
- Nature of financial activity
- Transaction volume
Clients identified as higher risk may be subject to Enhanced Due Diligence (EDD).
9. Record Keeping
The Company maintains records of:
- Client identification data
- Transaction history
- Relevant communications
These records are retained in accordance with applicable legal requirements.
10. Staff Training and Compliance
MaximusFX ensures that all relevant staff receive ongoing training in AML and compliance procedures to maintain the highest standards of financial integrity.
11. Policy Updates
The Company reserves the right to amend this AML Policy at any time to reflect regulatory changes or internal improvements. Clients are encouraged to review this policy periodically.
12. Contact
For any questions regarding this AML Policy, clients may contact the Company through official communication channels.