OneTwoTrade Adheres to a High Legal Standard of Regulatory Oversight

Press Release ( - Mriehel, Malta - Jul 08, 2016 - OneTwoTrade clarifies the legal and regulatory obligations under which it operates. There is a public perception that the online financial trading industry is a Wild West free for all, but the reality is that the companies involved, and their customers, operate under a set of clear, uncompromising regulatory restrictions.

The online financial community has recently come in for a range of public criticism, based on a perception that unwary customers are being taken for a ride by unscrupulous operators. The reality, however, is far different. Online financial trading brokers are subject to a range of regulatory and legal oversight from responsible government actors working for the best interests of law-abiding citizens everywhere. OneTwoTrade explains how the regulatory authorities and their rules impact the online trading business.

OneTwoTrade’s online trading operations are governed by the regulations of the Malta Gaming Authority. The regulator sets the standards with which OneTwoTrade must comply in every business transaction, with every customer, and also provides the framework for aggrieved customers to, if needed, seek legal redress. Simply put, the online broker must comply with detailed rules on anti-money laundering, customer identification, and account verification processes. These financial regulations are enforceable in the courts of Malta, and as Malta is an EU member, citizens of other EU states can also initiate proceedings in their local jurisdictions. Under the MGA regulations, OneTwoTrade is required to provide regular, periodic accounting for its compliance with financial, anti-money laundering, and document verification obligations.

The key to the financial regulations for online trading brokerage companies is compliance. Under the regulatory obligations, with which OneTwoTrade is held responsible, all online financial trading entities must ensure that they receive and verify required know-your-customer documents, must maintain the security of those documents, and must adhere to strict standards regarding online financial trading security and prevention of money laundering.

There is a lot of overlap among the reasons for strict online trading regulation. Most of the reasons require that brokers verify their customers’ identities, address, and bank accounts. The documents to this must be sent by the customers and handled by the broker with close attention to confidentiality. Since many of these transactions are conducted electronically, internet security is a vital part of complying with financial regulations.

As part of its compliance with the online trading regulators, OneTwoTrade has implemented a set of internal policies that meet or exceed the standards set by regulation. The company works hard to adhere to them, and maintains a policy of transparency with regard to keeping regulations. As a matter of policy, OneTwoTrade takes its regulatory compliance obligations seriously, and to protect customer security the company ensures that its standard practices always exceed the legal requirements set by the regulatory agencies. 

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