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Our Privacy Policy (“Policy”) below outlines in detail how FxPro Group handles the collection, management and protection of all confidential user information.
Your privacy is very important to us. We are committed to protecting and respecting your personal data. This Privacy Policy is addressed to clients and prospective clients and describes what types of personal data we may collect about you prior and during the use of our services, how we use, share, and protect your personal data, as well as your rights regarding its processing and how you can exercise them. Please take a moment to read and understand this policy.
We may make changes to this Policy from time to time and it is important that you check this Policy for any updates. Any personal information we hold will be governed by the current privacy notice at the given time. If we make changes we consider to be important, we will communicate them to you.
Any reference to ‘us’, ‘our’, ‘we’ or ‘FxPro’ in this Policy is a reference to each group company within the FxPro Group as the context requires unless otherwise stated.
Similarly, any reference to ‘you’, ‘your’, ‘yours’ or ‘yourself’ in this privacy notice is a reference to any of our customers and potential customers as the context requires unless otherwise stated.
By accessing our websites, including using any of the communication channels to contact us, we consider that you have read and understood the terms of this Policy and how we process any information you disclose to us including personal data prior to becoming a client. Once you open an account with us you agree that this Policy, including any amendments, will govern how we collect, store, use, share and in any other form process your personal data and your rights during our business relationship and after its termination.
This Policy applies to the processing activities of the following data controller entities within the FxPro group of companies, which are:
As part of our business, we collect personal data from customers and potential customers, including the following:
We use cookies to store and collect information about your use of our Website. Cookies are small text files stored by the browser on your equipment’s hard drive. They send information stored on them back to our web server when you access our Website. These cookies enable us to put in place personal settings and load your personal preferences to improve your experience. You can find out more about our cookies on our “Cookies Policy” available on our Website.
We are required by law to verify your identity when you are opening a new account or adding a new signatory to an existing account. Anti-Money Laundering (AML) laws require us to sight and record details of certain documents (i.e. photographic and non-photographic documents) to meet the legal standards. Identification documentation, as required under AML legislation or other legislation relevant to the services we provide to you includes:
If you are a corporate client, we are required to collect additional information such as corporate documents of address, shareholders, directors, officers including additional personal information on the Shareholders and Directors. We reserve the right to request any additional information we deem necessary in order to comply with our legal and regulatory requirements
We obtain this information in a number of ways, including directly from you via your use of our services and websites, the account opening applications, our demo sign up forms, webinar sign up forms, or via website cookies and similar tracking technology built into our Websites and Apps, subscribing to news updates and from information provided in the course of our ongoing relationship.
We may also collect information from third parties either through bought-in third party marketing lists, publicly available sources, social media platforms, introducing brokers and affiliates, bankers and credit card processors, subscription-based intelligence databases and other third-party associates. We may also request additional personal information voluntarily for purposes such as market research, surveys, or special promotions. If you choose not to provide required information, we may be unable to offer certain products or services.
We may record any communications, including electronic, by telephone, in person or otherwise, that we have with you in relation to the services we provide to you and our relationship with you. These recordings will be our sole property and will constitute evidence of the communications between us. Such telephone conversations may be recorded without the use of a warning tone or any other further notice.
Further, if you visit any of our offices or premises, we may have CCTV surveillance which will record your image for security and monitoring purposes.
As part of using your personal information for the purposes set out above, we may disclose your information to:
We endeavour to disclose only the minimum personal data that is required for these parties to perform their contractual obligations to us. Our third-party service providers are not permitted to share or use personal data we make available to them for any other purpose than to provide services to us.
Our websites or apps may have links to external third-party websites. Please note, however, that third party websites are not covered by this privacy notice and those sites are not subject to our privacy standards and procedures. We encourage you to review the privacy policies of any third-party sites you visit.
To protect our Website, applications and online services from automated abuse, fraud and malicious activity, we use Cloudflare Turnstile, a service provided by Cloudflare, Inc. (“Cloudflare”). As part of this process, Cloudflare may collect and process certain technical and interaction data relating to your device and browser. Further information about the processing of personal data by Cloudflare Turnstile is available in the Cloudflare Turnstile Privacy Addendum: https://www.cloudflare.com/en-gb/turnstile-privacy-policy/
We may process your personal data for one or more lawful bases of processing (“Lawful Basis”) depending on the specific purpose for which we are using your data.
The Lawful basis are the following:
If our use of your personal information does not fall under one of these Lawful basis we require your consent. Such consent shall be freely given by you and you have the right to withdraw your consent at any time by contacting us using the contact details set out in this Policy or by unsubscribing from email lists.
We may use personal data provided by you through our website or otherwise and personal data provided during our business relationship to communicate with you for marketing promotional purposes as well as to provide you with market news and analytical reports. The channels used for such communications may include phone calls, emails, notifications through your online account portal and SMS notifications including push notifications.
You have the right to opt out of these communications by using your online account portal or by sending an email to our DPO, at [email protected] using the registered email address you disclosed to us, in case you do not have access to your online portal account, or one has not been provided to you for any reason.
We are committed to safeguarding and protecting personal data. We implement and maintain appropriate technical and organisational measures to ensure a level of security appropriate to protect your personal data from accidental or unlawful destruction, loss, alteration, unauthorised disclosure of, or access to personal data transmitted, stored or otherwise processed. To ensure that the processes we follow for the management of personal information comply with this policy and applicable legislation, we have appointed a Data Protection Officer (DPO).
We use Cloudflare Turnstile as part of our security infrastructure to protect our websites and services. Cloudflare Turnstile operates in Invisible mode on our platforms. Please note that data processed through Cloudflare Turnstile is subject to the Cloudflare Turnstile Privacy Addendum, in addition to the protections described in this Policy. If you have any related questions, you may contact our DPO directly at [email protected].
We require third-party organizations, who handle or obtain personal information acknowledge the confidentiality of this information, to undertake to respect any individual’s right to privacy and comply with all relevant data protection laws and this Policy.
Our data protection measures in place include the following:
We store personal information using a combination of secure computer storage facilities and paper-based files and other records and take steps to protect the personal information we hold from misuse, loss, unauthorised access, modification or disclosure.
When we determine that personal information is no longer needed, we will either remove identifying details or securely destroy the records. However, we may need to retain records for an extended period due to legal and regulatory obligations. For example, we are subject to investment services and anti-money laundering laws which require us to retain copies and evidence of the actions taken by us in regard to your identity verification, sources of incomes and wealth, monitoring of your transactions, telephone, chat and email communications, orders and trades history, handling of your complaints and records that can demonstrate that we have acted in line with regulatory code of conduct throughout the business relationship. These records must be maintained for a period of five years after our business relationship with you has ended or even longer if we are asked by our Regulators or if there is another valid reason.
Personal data provided by you as a prospective client during account opening registration in case the registration was never completed or your account opening application was rejected, will be maintained for six months unless there is a regulatory reason requiring us to keep it for a longer period of time.
If you have opted out of marketing communications, we will retain your details on our suppression list to ensure you do not receive such communications.
The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may also be processed by staff operating outside the EEA who work for us or for one of our suppliers or Affiliate companies. We will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy.
When we transfer your data to other third parties outside the EEA, we may in some cases on data protection agreements or other applicable legal mechanisms to safeguard your information. If you would like a copy of these arrangements, please contact us using the details provided below.
Please note that these rights may not apply in all circumstances. You are entitled to:
(a) request access to your personal data (commonly known as a “data subject access request”);
(b) request correction of the personal data that we hold about you;
(c) request erasure of your personal data. Note, however, that we may not always be able to comply with your request of erasure for specific legal reasons which will be notified to you, if applicable, at the time of your request;
(d) object to processing of your personal data where we are relying on a legitimate interest (or those of a third party) and there is something about your particular situation which makes you want to object to processing on this ground as you feel it impacts on your fundamental rights and freedoms. You also have the right to object where we are processing your personal data for direct marketing purposes. In some cases, we may demonstrate that we have compelling legitimate grounds to process your information which override your rights and freedoms;
(e) request restriction of processing of your personal data. This enables you to ask us to suspend the processing of your personal data in the following scenarios:
(f) request the transfer of your personal data to you or to a third party. We will provide to you, or a third party you have chosen, your personal data in a structured, commonly used, machine-readable format. Note that this right only applies to automated information (i.e. not to hard copies) which you initially provided consent for us to use or where we used the information to perform a contract with you; and
(g) withdraw consent at any time where we are relying on consent to process your personal data.
If you wish to exercise your rights, please contact us by email at [email protected] using the registered email address you disclosed to us. We may request that you verify your identity prior to processing your request. Erasure requests can also be submitted through your online portal.
We aim to respond to all requests within 1 (one) month. Occasionally, it may take us longer than 1 (one) month if your request is particularly complex or you have made a number of requests. In this case, we will notify you within 1 (one) month of the receipt of your request and keep you updated.
We may charge you a reasonable fee when a request is manifestly unfounded, excessive or repetitive, or we receive a request to provide further copies of the same data. In this case we will send you a fee request which you will have to accept prior to us processing your request. Alternatively, we may refuse to comply with your request in these circumstances.
If you have a concern about any aspect of our privacy practices or if you wish to exercise your rights, you have the right to contact us to make a query or a complaint by email at [email protected]
We aim to respond to all requests within 1 (one) month. Occasionally, it may take us longer than 1 (one) month if your request is particularly complex or you have made a number of requests. In this case, we will notify you within 1 (one) month of the receipt of your request and keep you updated.
If you are not satisfied with our response to your complaint, you have the right to lodge a complaint with our supervisory authorities, the Information Commissioner’s Office (ICO) if you are a client of FxPro UK Limited. Alternatively, you also have the right to lodge a complaint with the data protection authority of your country of residence.