Anti-Money Laundering (AML) Policy

MogoTrade is strictly committed to preventing money laundering and the financing of terrorism. We adhere to standard compliance procedures to ensure our platform is not used for illicit financial activities.

1. Know Your Customer (KYC)

We reserve the right to implement identity verification procedures for our users. This may include requesting government-issued identification, proof of address, and verification of the source of funds before allowing deposits or processing withdrawals.

2. Transaction Monitoring

All transactions, including crypto deposits and fiat withdrawals, are subject to automated and manual monitoring. We flag unusual, unusually large, or suspicious transaction patterns for internal review.

3. Prohibition of Illicit Activities

Users are strictly prohibited from using MogoTrade to hide, move, or clean the proceeds of illegal activities. If we suspect your account is involved in money laundering, fraud, or other criminal activities, we will immediately freeze the account.

4. Reporting to Authorities

MogoTrade reserves the right to report suspicious transactions to the relevant financial regulatory and law enforcement authorities without prior notice to the user, as required by applicable laws.