AML Policy

1. Purpose

Nexora Markets is committed to preventing its website, trading accounts, wallets, payment channels, and support systems from being used for money laundering, terrorist financing, sanctions evasion, fraud, bribery, corruption, tax evasion, or other unlawful activity.

This policy is designed as a professional public AML statement. Before accepting real clients, Nexora should align it with its final company jurisdiction, regulator requirements, reporting obligations, and internal compliance procedures.

2. Risk-based approach

We apply a risk-based approach to client onboarding and ongoing monitoring. This means the level of verification, review, limits, and follow-up questions may differ based on country, account activity, funding method, transaction size, source of funds, trading behavior, payment route, sanctions exposure, politically exposed person status, adverse media, and other risk indicators.

3. Customer due diligence

Before enabling full account access, we may request and verify information including:

• Full legal name, date of birth, nationality, residential address, email, phone number, and tax residency.
• Government-issued identification, such as passport, national ID card, driving licence, or other accepted identity document.
• Proof of address, such as utility bill, bank statement, tax document, residence certificate, or other accepted document.
• Selfie, liveness, face-match, or document-authenticity checks where required.
• Employment, occupation, expected trading activity, source of funds, source of wealth, and payment ownership details.

4. Enhanced due diligence

Enhanced review may be required for higher-risk clients, high-value transactions, unusual activity, complex funding paths, politically exposed persons, high-risk jurisdictions, adverse media results, inconsistent profile information, or activity that does not match the stated account purpose.

Enhanced review may include additional documents, bank statements, salary slips, tax returns, business records, source-of-wealth evidence, video calls, payment proof, or management approval before account features are enabled or funds are released.

5. Sanctions and prohibited jurisdictions

We may screen clients, beneficial owners, payment senders, recipients, IP addresses, devices, and transactions against sanctions lists, restricted-country rules, law-enforcement notices, internal risk lists, and other compliance sources. Accounts or transactions connected to sanctions, prohibited jurisdictions, blocked persons, or unacceptable risk may be rejected, frozen, reported, or closed.

6. Deposits and withdrawals

Funds should normally come from and return to payment methods held in the same verified name as the Nexora account holder. Third-party payments, nominee funding, cash-equivalent routes, suspicious wallet activity, unexplained payment behavior, rapid in-and-out transfers, or inconsistent source-of-funds evidence may lead to delays, rejection, reversal, enhanced due diligence, account restriction, or reporting.

7. Ongoing monitoring

We may monitor account behavior, login patterns, funding frequency, withdrawal requests, trading activity, device changes, location signals, payment routes, balance movements, support conversations, and document updates. Monitoring may be automated, manual, or both.

Examples of activity that may trigger review include inconsistent identity details, unusual transaction size, repeated failed verification, mismatched payment ownership, attempts to avoid limits, suspicious trading patterns, excessive chargebacks, false documents, or account behavior that indicates money laundering, fraud, or sanctions risk.

8. Suspicious activity and reporting

If we identify suspicious activity, we may request more information, pause transactions, restrict trading, reject deposits, delay withdrawals, preserve records, terminate the relationship, or make a report to relevant authorities where required or permitted by law. We may be prohibited from telling you that a report has been made or that a review is underway.

9. Record keeping

We keep KYC records, transaction records, communications, verification results, risk assessments, account decisions, suspicious-activity reviews, and supporting documents for the period required by applicable law, compliance obligations, dispute handling, and legitimate business needs. Records may be retained after account closure.

10. Staff controls and governance

Nexora may maintain internal procedures for compliance review, staff access controls, approval levels, audit logs, escalation workflows, transaction review, and periodic policy updates. Internal users with compliance or admin permissions are expected to follow documented approval, logging, and confidentiality controls.

11. Client cooperation

You agree to provide accurate information, respond to compliance requests, keep account details current, and avoid using Nexora for unlawful activity. Failure to cooperate may result in account limitations, delayed funds, declined transactions, account closure, or reporting.

12. Related documents