To comply with international regulations and provide the highest level of account security, IUX requires all users to complete identity verification before initiating transactions. This process is designed to meet Anti-Money Laundering (AML) laws and Know Your Customer (KYC) requirements mandated by financial regulators and broker standards.
Key Objectives of Identity Verification
- Security Protection: Prevents unauthorized use of personal information to open accounts fraudulently.
- Regulatory Compliance: Ensures compliance with international financial institutions and regulatory authorities.
- Full Feature Access: Enables full access to account features, including deposits, withdrawals, and placing orders on live accounts via the trading app and supported platforms.
Accepted Documents for Identity Verification
Users must submit valid identity documents issued by a government authority or legally authorized institution. Documents must clearly display personal information and a photograph. Common examples include:
- National ID Card
- Passport
- Driver’s License
Document Requirements and Conditions
- Document Status: The document must be valid (not expired) at the time of submission.
- Document Age: The document must have been issued by an authorized authority for at least 3 months.
- Image Quality: Document photos must be clear, unedited, and show all key details without obstruction.
IUX confirms that all personal data is securely stored and protected in accordance with international information security standards, allowing users to proceed with confidence when using services.
You can find more details about country-specific document requirements in this article: [Proof of Identity (POI) Documents for IUX].
Once verification is completed, users can proceed with full account functionality and prepare for trading activities across supported platforms, including mt5 trading, depending on account type and availability.
FAQ
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Why is identity verification required before withdrawals?
Identity verification ensures that withdrawals are processed only by the legitimate account owner and helps verify the source of funds in compliance with international AML regulations.
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Can expired documents be used for identity verification?
No. According to legal requirements, identity documents must be valid (not expired) to confirm the current status of the document holder.
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Which documents can be used for identity verification?
Accepted documents depend on the regulations of the country where the user resides. In general, IUX supports primary government-issued documents such as national ID cards, passports, and driver’s licenses. Specific requirements may vary by region.