XBTFX has 2 verification levels , each with different KYC requirements .
Current users can view and upgrade KYC levels within the client site located here.
Start trading in less that minute with Level 1 Verification.
Client verification will be done through SumSub.
* Not all document types are applicable for all jurisdictions. Acceptable documents will be stated when starting the verificiation process.
XBTFX does not allow citizens or residents from the US to open an account. This jurisdiction will be blocked by geographic location detection on our signup page. Please review our Terms of Service for further details about our policy of prohibited users and jurisdictions. Attempts to bypass our blocked jurisdiction monitor will lead to account closure and permenant IP ban upon discovery.
XBTFX does not accept and does not offer its services to any PEP - Politically Exposed Person(s). Opening an account with us declares that you are not a PEP.
User data verification and processing is done via Sum and Substance Ltd. (UK) for short "SumSub" KYC/AML tool. XBTFX uses the tools provided by SumSub to take a risk-based approach with ongoing monitoring while protecting our client's personal data.
XBTFX checks every incoming and outgoing transaction with the help of Bitfury Crystal (integrated within SumSub) to monitor suspicious cryptocurrency transaction alerts in the SumSub Know Your Transaction (KYT) product, a real-time anti-money laundering (AML) compliance solution for monitoring cryptocurrency transactions.
To understand how XBTFX monitors it's platform for illicit activity please review our AML Policy.
Clients can review our full legal documentation here.
* In rare cases we might be required to ask for additional information from our clients.
XBTFX LLC, First Floor, First St. Vincent Bank Ltd Building, Kingstown, Saint Vincent and the Grenadines, registration no. 152 LLC ; governed by the Limited Liability Companies Act Chapter 151, registered by the Financial Services Authority of Saint Vincent and the Grenadines. XBTFX does not provide services to any person that is located in or a resident of the United States of America, Québec (Canada), Belgium, Crimea and Sevastopol, Iran, Syria, North Korea, Sudan, or any other jurisdiction where the services offered by XBTFX would be contrary to local law or regulation. High Risk Investment Notice: Leveraged trading in foreign currency contracts and CFDs are complex financial products traded on margin intended for retail, professional and eligible counterparty clients. Leveraged trading is risky and may not be suitable for all investors. Ensure you understand the risks involved as you may lose all your invested capital. Most CFDs have no set maturity date and a CFD position matures on the date an open position is closed. Please read our ‘Risk Disclosure Notice’. 2020 XBTFX LLC . All Rights Reserved.
In case of dispute regarding the purchase online, you can use the site OPC