DOCUMENTS REQUIRED FOR CUSTOMER REGISTRATION
Below is a list with necessary documents, which are required in order for Client’s account to be activated and verify your identity and residence.
Proof of Identity – AUTHENTICATION OF CLIENTS
Copy of one of the following identification documents
- Passport – the page with the photo (good visibility of MRZ lines);
- Identity Card – both sides (good visibility of MRZ lines);
- Driving license – both sides.
A copy must contain:
- Full name (the same on the Passport/ID);
- Date of birth (the same on the Passport/ID);
- The identity document must be valid.
* Address on the identification document may not be identical with the address given at registration
As per Law 188(I)/2007 For the Prevention of Money Laundering and Terrorist Financing, Paragraph 66(2):
“It is prohibited for persons engaged in financial or other business activities to open or maintain anonymous or numbered accounts or accounts in names other than those stated in official identity documents.”
Therefore, you are kindly requested to complete your registration with accurate information, corresponding the information on your identity and residence documents.
POR – VERIFICATION OF RESIDENCE OF THE CLIENT
We require a copy of one of the following documents:
A clear copy of a one the following documents, issued within last 6 months, containing your residential address, full name and date of issue of the document:
- utility bill (landline, water, electricity)
- a bank statment
- any governmental issued document
- a lease agreement along with the receipt
A copy must contain:
- Full name (the same as on the Password/ID);
- Address (same as on the Password/ID) ;
- Date (the document must be issued within 6 months).
THE FOLLOWING DOCUMENTS WILL NOT BE ACCEPTED
- Insurance (car insurance, etc.);
- Invoice (mobile, telephone);
- Handwritten documents.
Please note, that OX Capital Markets Ltd. reserves its right to require any additional information/documentation, if needed, in order to complete the activation of your trading account. In such case, OX Capital Markets Officer will contact you.
As per the relevant Law and Directive: “The cumulative time in which the verification of the identity of a customer/beneficial owner is completed, must not exceed 15 days from initial contact.” “Where the verification of the customer/beneficial owner’s identity has not been completed during the designated timeframe of 15 days, the commencement of a business relationship must be terminated on the date of the deadline’s expiry and all deposited funds must be returned to the customer/beneficial owner, in the same bank account from which they originated The procedure for returning the funds must occur immediately, regardless of whether the customer has requested the return of their funds or not.”
Procedure for activating the client:
Kindly be advised, that your account will be ready for trading only, if it has been activated (all required documentation provided) and funded. You will not able to trade, if the balance of your account is zero.
Note: Under the applicable regulatory framework (General Data Protection Regulation (EU) 2016/679 and Directive 2014/65/EU – MiFID II), the Company shall keep records containing Client personal data, trading information, account opening documents, communications and anything else, which relates to the Client for at least 5 (five) years, after the termination of the Business Relationship with the Client. W here requested by the Competent Authority (the CySEC), unless otherwise provided for by national law, for additional period of up to 7 (seven) years.