Bold Funded Ltd ("Bold Funded", "we") does not hold client money and does not provide regulated financial services, but our programme involves fee payments in and reward payouts out, which can attract people who want to abuse it. This policy sets out the anti-money-laundering (AML), counter-terrorist-financing and know-your-customer (KYC) controls we apply. It forms part of our Terms of Service.
1. Our commitments
We verify the identity of every customer before the first payout, screen every customer against sanctions and politically-exposed-person lists, monitor for suspicious activity, keep records, and refuse or terminate relationships where we cannot satisfy ourselves about a customer or a transaction. We cooperate with lawful requests from competent authorities.
2. When verification is required
Identity verification is required once, before your first payout, and before purchase where you pay by card. We may also require verification, or re-verification, at any other time, for example where your details change, where activity on your account is unusual, or where a payment provider requires it. Payouts are not released until verification is complete.
3. What we ask for
A valid government-issued photo identity document (passport, national identity card or driving licence); a selfie or liveness check that matches the document; your date of birth; your residential address, and where the document does not show it, a proof of address dated within the last three months (utility bill, bank statement or government letter). Verification is carried out by our identity-verification provider, usually in a few minutes, and you complete it inside your dashboard. We may ask for additional documents, including source-of-funds information for unusual patterns of purchases or payouts.
4. Who we do not accept
We do not accept customers who are under 18; who are resident in a country or territory subject to comprehensive sanctions, or who appear on a sanctions list; who refuse or fail verification, or provide documents we believe to be false or altered; or who attempt to use the Services on behalf of an undisclosed third party. Forex (CFD) plans are not available to residents of the United States or Canada; we do not provide services to residents of Saint Lucia.
5. Payments in and payouts out
Fees must be paid from a payment method in your own name. Payouts are made only to a crypto wallet you control or to a Rise account in your own name; we do not pay third parties, and we do not pay to a different name than the one verified on the account. We may decline a payment method, hold a payout while we review it, or ask for information about the source of funds used to purchase evaluations where volumes or patterns are unusual for the account.
6. Monitoring and suspicious activity
We monitor purchases, trading and payout activity for patterns associated with fraud and money laundering, including multiple accounts controlled by one person, mismatches between identity, payment and payout details, structured purchases, and behaviour prohibited under our Terms. Where we identify suspicious activity we may suspend the account, withhold payouts pending review, close the account and, where required by law, report the activity to the relevant authority. We are not permitted to tell you if a report has been made.
7. Record keeping
We keep identity-verification records, transaction records and the results of our reviews for five years after the customer relationship ends, in line with international standards and our Privacy Policy.
8. Data protection
Identity documents and verification data are processed by our verification provider and by us only for the purposes in this policy, are stored encrypted, and are accessible only to staff who need them. See our Privacy Policy for your rights over this data.
9. Training and review
Staff who handle payouts, support and compliance are trained on this policy. We review it at least annually and whenever our providers, our products or the law change. The version and date at the top of this page identify the current policy.
10. Contact
Compliance questions: support@boldfunded.com, marked "Compliance".