Requirements for Membership Account.

To open a Membership Account, the following documents are required to comply with Federal Government KYC/AML policies, Electraphysics internal compliance and risk policies.

 

All received documents are held with the strictest of confidentiality, privacy and are encrypted.

 

These documents can be submitted Online only (automated encryption).

 

1. Digital Scan of valid Government-issued ID (both sides).

          Example: Driver's license, Passport etc.

          Your ID is required so that we may know who you are (AML/KYC).

 

2. Proof of Address.

          Example: Utility bill, phone bill etc.

          This proof must indicate your address and name etc.

          If your ID contains an address, then this is not required.

          Proof of address is required to understand where our members originate (AML/KYC).

 

3. Proof of suitability.

         If you have work experience in an investment-related profession or hold designations

         in finance/investment related fields i.e. CSC, CFA, CIM, MBA (Finance) or equivalent.

 

4.  Registration under a regulatory authority in your jurisdiction.

 

The following regulatory authorities are accepted:

 

•     US SEC (United States)
•     CFTC (United States)
•     FINRA (United States)
•     IIROC (Canada)
•     FINMA (Switzerland)
•     SBA (Switzerland)
•     FCA (United Kingdom)
•     SFC (Hong Kong)
•     CRFin (Russia)
•     ASIC (Australia)
•     CySEC (Cypress)
•     DFSA (Dubai)
•     CECEI (France)
•     BaFin (Germany)
•     BSE (India)
•     MAS (Singapore)
•     SPK (Turkey)
•     ASF (Romania)
•     FMA (New Zealand)
•     FSA (Japan)
•     HFSA (Hungary)

 

 

For business/institutional/fund accounts: Your organization must meet requirement #2, #3 and #4 at least one senior-member must meet requirement #1, #2, #3 and #4.  Contact member services for more information.

 

 

- Electraphysics Team