Open Account

AML Policy

Anti-Money Laundering and Counter-Terrorist Financing Policy

1. Policy Statement

Stox Pips Limited is committed to preventing money laundering and terrorist financing. We comply with all applicable anti-money laundering (AML) laws and regulations in the jurisdictions where we operate.

2. Company Information

Stox Pips Limited is incorporated in St. Lucia as an International Business Company with Registration Number: 2026-00113. We provide brokerage, training, and managed account services in currencies, commodities, indexes, CFDs, and leveraged financial instruments.

3. Customer Due Diligence (CDD)

We conduct thorough customer due diligence before establishing any business relationship:

  • Identity verification using government-issued documents
  • Proof of address verification
  • Source of funds verification
  • Ongoing monitoring of transactions

4. Know Your Customer (KYC)

Our KYC procedures include:

  • Collection and verification of personal information
  • Screening against sanctions lists (OFAC, UN, EU)
  • Risk assessment of each customer
  • Enhanced due diligence for high-risk customers

5. Suspicious Activity Monitoring

We monitor all transactions for suspicious activity, including:

  • Unusual transaction patterns
  • Large cash transactions
  • Transactions with high-risk jurisdictions
  • Structuring or layering activities

6. Record Keeping

We maintain comprehensive records of all customer information and transactions for a minimum period required by applicable laws and regulations.

7. Employee Training

All employees receive regular training on AML policies, procedures, and their responsibilities in detecting and preventing money laundering.

8. Reporting

We report suspicious transactions to relevant authorities as required by law. Employees are required to report any suspicious activity immediately.

9. Restricted Jurisdictions

We do not provide services to citizens/residents of the United States, Cuba, Iran, Myanmar, North Korea, Sudan, China, Singapore, UAE and to jurisdictions on the FATF, OFAC and EU/UN sanctions lists.

10. Policy Review

This AML Policy is reviewed regularly and updated as necessary to ensure compliance with changing laws and regulations.

11. Contact

For questions regarding our AML Policy, please contact:
Email: compliance@stoxpips.com
Website: www.stoxpips.com

Last Updated: January 2026