Your Personal Data is Protected
FeneFx Ltd. (hereinafter, “the Company”) takes the security of clients’ personal data and the storage of confidential information very seriously.
To prevent any loss, misuse, changes, or unauthorized access of information by third parties, the Company fulfils all relevant requirements (both administrative and technical), i.e. regularly performs checks, tests, and other essential reviews.
The Company respects your right to privacy. This Privacy Policy (hereinafter, “Policy”) applies to personal information that is collected from the Company website as well as any other affiliated websites and applications. This Policy does not apply to websites operated by other organizations and other third parties. This Policy also applies to personal information that is collected when you use the Company’s products and services as well as during any correspondence held by telephone, email, or otherwise. This Policy aims to inform you about the type of information gathered by the Company, what it’s used for, how it’s kept secure, and what your data privacy rights are.
The personal information that may be collected by the Company falls in, but not limited to the following categories:
Information that you provide voluntarily
You can provide the Company with your personal details, contact information, selected images (including the associated information), and financial data, etc. by filling in forms online or by sending them by post, providing them over the telephone, email, or any other available method. This includes the personal information you provide when you:
In addition to the above, certain parts of the Company website may ask you to provide personal information voluntarily. The personal information that you are asked to provide, along with the reasons for which you are asked to provide it, will be made clear to you at the time you are asked to provide such information.
Information that the Company collects automatically
When visiting the Company website, certain information (such as your IP address, device type, browser type, etc.) is sent from your device automatically. In some jurisdictions, including European Union member states, this information may be classified as personal information under standard regulations for data protection.
The Company also receives information about how your device has interacted with the website, including the pages accessed and links followed.
Collecting this information enables the Company to conduct analyses of user and Client requests for the purposes of improving the quality of available products and services.
Disclosure of personal information
The Company may disclose your personal information to the following categories of recipients:
The Company uses your personal data for the following purposes:
Type of data: identity (name, country of residence, address, and other similar information); contact details (email address, telephone number, webpage, and other), copies of national identity documents (passport, identity card, residency permit, US residency information, and similar), financial (bank account details, bank card numbers and holder name, documents confirming origin of capital, and other similar), political exposure.
Purpose: registering you as a new client, providing the opportunity to open a trading account, providing the opportunity to use the Company’s products and services, facilitating non-trading operations in accordance with the Regulations for Non-trading Operations, and collecting information regarding the possibility that funds are owed to the Company.
Legal basis: compliance with the Client Agreement, compliance with legal requirements.
Type of data: transactional, financial, identity.
Purpose: compliance with applicable laws; money laundering detection, investigation, and reporting; responding to complaints; submission of information to applicable governmental bodies in cases where it is required by law; the collection of information where there is a legal obligation to do so for compliance and AML purposes, such as ‘know your client’ information; information relevant to international sanctions and restrictive measures; and information about unlawful or political activities of a potential client, which may impact the Company’s decision to conclude an agreement with the Client.
Legal basis: compliance with legal requirements.
Type of data: contact information, consent, and correspondence.
Purpose: marketing activities and the provision of information concerning the Company’s products and services.
Legal basis: compliance with the Client Agreement.
The Company applies all appropriate technical and administrative measures necessary to protect the personal information that it collects and processes. The measures used are designed to provide a level of security appropriate to the risk of processing personal information. In particular, the Company:
Subject to certain conditions, the Company reserves the right to transfer your personal information to third parties in other countries for further processing in accordance with the purposes set out in this Policy. In certain cases, this may include transferring data to countries which do not offer the same level of protection as the laws of your country of residence. In such cases, the Company will, as required by applicable law, ensure that your privacy rights are adequately protected by appropriate technical, administrative, contractual, or other lawful means. These include putting data transfer agreements in place for the transmission of personal information within the group of companies to which the Company is party, which require all partners to protect the personal information they process in accordance with applicable data protection laws.
Your personal information is only retained for as long as it is necessary to carry out the purposes set out in this Policy (unless further retention is required by law).
In some instances, the Company’s use of your personal information may result in automated decisions being taken (including profiling) that legally affect you or similarly significantly affect you.
Automated decisions mean that a decision concerning you is made automatically on the basis of a computer determination (using software algorithms), without human oversight.
When an automated decision about you is made, you have the right to contest the decision, and to demand a review of the decision by a Company employee.
FeneFx Ltd.
-
