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Creating an account

How do I create an account?

Creating an account is a simple process that takes just a few minutes. You’ll need to provide your name, address and bank account number and sort code which will be used to verify your identity as part of our anti money laundering procedures (AML). You’ll also be asked to define the type of investor you are and take a short quiz to ensure that you understand how the site works.

Non-UK residents

For non-UK residents, we will have to manually verify your identity and bank account. Please email a copy of your passport, a utility bill and a bank statement dated within the last 3 months which includes your name and address to helpdesk@assetzexchange.co.uk to be verified manually as part of our anti money laundering procedures (AML).

Please note

It is your responsibility to ensure that an investment through Assetz Exchange Ltd complies with and is permitted under the laws of your jurisdiction.

Anti money laundering (AML)

To meet Financial Conduct Authority (FCA) requirements we are required to check your identity to determine you are a legitimate investor. We use a third party to perform this check.

What happens if I fail?

If you fail the initial verification please email helpdesk@assetzexchange.co.uk with a scanned copy of your passport or driving licence and a bank statement dated within the last 3 months which includes your name and address. We will then be able to manually verify you.

Bank verification

Bank verification is part of the AML process which is a requirement set out by the Financial Conduct Authority (FCA) to prevent money laundering. We are required to ensure that you deposit funds onto the platform using a bank account in your own name. You can skip this step when signing up, but you will not be able to deposit or invest until we have verified your bank details.

What happens if I fail?

If we cannot verify the bank details you provided automatically, please email helpdesk@assetzexchange.co.uk with a copy of a bank statement with your name and bank details clearly visible. We will then be able to manually verify your details.

Self-certification

Self Certification is the process of letting us know what investor category you belong to. There are four categories, with users asked to select the category that reflects their financial profile best.

Investor appropriateness quiz

Before investing, we are required to ensure that you understand the site, how it works and the risks associated with investing. To do this we require you to take a short quiz of multiple choice questions. The test provides feedback after each question, helping to round out your knowledge and make sure that you’re making informed choices.

What happens if I fail?

As well as assessing appropriateness, the purpose of the quiz is also to inform users of how the site works. As a result, if you do not get the answers correct, we will explain how our site works and you will be able to take the test again. There is no limit to the number of times that you can take the test and no penalty if you need more than one attempt.