Privacy Policy

Trade Forex Algorithm is deeply committed to the safeguarding of your personal data and privacy. This comprehensive Privacy Policy outlines the rigorous steps we have implemented to protect your personal information, adhering to the General Data Protection Regulation (GDPR) and relevant data protection legislation. This Privacy Policy applies to Clients, employees, suppliers, affiliates, and to all those who contact us.

1. Types of Personal Data We Collect and How We Use it

At our organization, we prioritise transparency and integrity in our handling of personal information. We collect various forms of personal data from direct interactions to ensure the efficient functioning of our Algorithm. This data encompasses a range of identifiers and technical details, including, but not limited to:

Name and Telephone details: We hold your contact details to communication and correspond with you. This helps us tailor our interactions and communicate any updates.
Email Address: Your email address serves as a secondary mode of communication between you and our team. It allows us to send important updates, notifications, and information regarding our algorithm’s performance, updates, and any relevant changes.
MT4/5 Account Details: To link our Algorithm, we require access to your MT4/5 account details. This information enables us to integrate our services seamlessly, facilitating efficient execution and monitoring of trading activities.
Algorithm Parameters: Understanding your specific requirements and preferences is crucial for us to customise our Algorithm effectively to your preferences. We collect information regarding your preferred algorithm parameters, trading strategies, risk tolerance, and other relevant details to tailor our services to your unique needs.
Technical Data: We also gather technical data necessary for the proper functioning and optimisation of our Algorithm. This may include information related to your device, operating system, browser type, internet protocol (IP) address, and other technical specifications.

Legal basis: The collection of data is necessary to enter into and use the Algorithm Software Service. In principle, no personal data of users will be processed, unless the processing is permitted by law (“legal grounds”). Consent given to the Controller by the User voluntarily and after prior information may also constitute a Legal Basis for the processing of the User’s personal data.

2. How We Use Your Personal Data

We value your trust and are committed to responsibly utilizing the personal information you provide. Your data is employed for various purposes aimed at delivering efficient services, maintaining and managing your MT4/5 account, and addressing any requests you may have. These purposes include:

3. Disclosure of Your Personal Data

To enhance the quality of our services and ensure smooth operations, we may share your personal information with trusted affiliates and service providers. Additionally, there are circumstances where your information may be disclosed to third parties:

Affiliates and Service Providers: We collaborate with affiliated companies and service providers to improve and optimise our services. Your personal information may be shared with these entities solely for the purpose of enhancing your experience and delivering the best possible service.
Legal Mandates and Fraud Prevention: In certain situations mandated by law or legal proceedings, we may be required to disclose your personal information to comply with such obligations. Furthermore, we reserve the right to disclose your information if deemed necessary to prevent or address fraud, security breaches, or other unlawful activities.
Aggregated User Data: We may share aggregated and anonymised user data for various purposes, including regulatory compliance and marketing initiatives. This data does not contain any personally identifiable information and is used to analyse trends, patterns, and user behaviour to improve our services and comply with regulatory requirements.

Rest assured, we exercise diligence and caution when sharing your personal information with third parties. We only collaborate with trusted partners who are bound by strict confidentiality agreements and adhere to data protection regulations.

Legal basis: If you have given the data controller consent on the occasion of correspondence with you, e.g. within the framework of the contact us form, the data controller may process your data within the framework of your consent.

Fulfilling Contractual Obligations: Your personal information and MT4/5 details is crucial for fulfilling our contractual commitments to you. This involves delivering the products and services you’ve requested and ensuring they meet your expectations.
Connecting your Account to the Algorithm: We utilise your data to effectively manage your MT4/5 account, ensuring seamless integration with our services and facilitating smooth trading experiences.
Handling Requests: Your personal information enables us to address any inquiries, requests, or issues you may have promptly and effectively, enhancing your overall satisfaction with our services.
Offering Additional Products and Services: Based on the information you provide, we may offer additional products and services that align with your interests and preferences. This ensures you stay informed about relevant offerings that could enhance your trading experience.
Anonymized Marketing: We may anonymise your data for marketing purposes, ensuring your privacy while still allowing us to analyze trends, preferences, and user behaviour to improve our services. You have the option to opt-out of such marketing communications at any time.
Legal and Regulatory Compliance: We utilise your data to meet legal and regulatory obligations under English Law. This includes compliance with data protection regulations and other relevant legislation aimed at safeguarding your rights and privacy.
Informing You About Data Use: We are committed to transparency regarding the use of your data. If we intend to use your information for new purposes not previously disclosed, we will inform you accordingly, providing you with the opportunity to review and consent to such usage.

4. Third Party Services

In general, the third-party providers used by us will only collect, use and disclose your information to the extent necessary to allow them to perform the services they provide to us.

However, certain third-party service providers, such as payment gateways and social media communication, have their own privacy policies. For these providers, we recommend that you read their privacy policies so you can understand the manner in which your personal information will be handled by these providers.
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In particular, remember that certain providers may be located in or have facilities that are located in a different jurisdiction than either you or us. So if you elect to proceed with a transaction that involves the services of a third-party service provider, then your information may become subject to the laws of the jurisdiction(s) in which that service provider or its facilities are located.

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Once you leave our store’s website or are redirected to a third-party website or application, you are no longer governed by this Privacy Policy or our website’s Terms of Service.

4. Transfer of Your Personal Data

We prioritise the protection of your data; however, it’s important to acknowledge that internet transmissions can never be entirely guaranteed as secure. In certain instances, your data may be transferred outside the European Economic Area (EEA) to ensure the provision of our services. When such transfers occur, we take stringent measures to safeguard your data, including the utilisation of mechanisms recognised by the General Data Protection Regulation (GDPR), such as standard contractual clauses.

These standard contractual clauses establish a legal framework for the transfer of personal data from the EEA to countries outside the EEA. They ensure that adequate safeguards are in place to protect your data and uphold your rights in accordance with GDPR principles, even when transferred to jurisdictions with different data protection standards. While we take every precaution to ensure the security and confidentiality of your data during international transfers, it’s essential to acknowledge that no method of transmission over the internet can be guaranteed as entirely secure. However, by employing recognised mechanisms like standard contractual clauses, we strive to uphold the highest standards of data protection and ensure your peace of mind regarding the handling of your personal information.

5. Data Security

Ensuring data security is a particularly important concern for Trade Forex Algorithm. We therefore use appropriate technical and organisational measures, in particular to protect the user’s personal data from risks during data transmissions and to protect against third parties gaining knowledge. The data security measures are reviewed and adapted in accordance with the current state of the art

6. Cookie Policy

Our website utilizes cookies as part of our efforts to enhance user experience. These cookies enable us to personalize content, analyze site usage patterns, and deliver targeted advertising tailored to your interests. By continuing to use our website, you are consenting to our use of cookies for the purposes described above. However, you have the option to manage or delete cookies through your browser settings at any time. We are committed to ensuring transparency and providing you with control over your online privacy preferences. If you have any questions or concerns regarding our use of cookies, please don’t hesitate to contact us for further assistance. You can also find out more in our Cookie Policy.

7. Age of Consent

By using this site, you represent that you are at least the age of majority in your state or province of residence, or that you are the age of majority in your state or province of residence and you have given us your consent to allow any of your minor dependents to use this site.

8. Your Rights

Right to Access: You have the right to obtain confirmation from us as to whether or not personal data concerning you is being processed, and, if so, access to that personal data and information related to the processing.
Right to Rectification: If you believe that the personal data we hold about you is inaccurate or incomplete, you have the right to request correction or completion of that data.
Right to Erasure (Right to be Forgotten): In certain circumstances, you have the right to request the erasure of your personal data. This right is not absolute and only applies in specific situations, such as when the data is no longer necessary for the purposes for which it was collected or if you withdraw your consent and there is no other legal basis for processing
Right to Restriction of Processing: You have the right to request the restriction of processing of your personal data under certain circumstances. This means that we will suspend processing your data, but we may still store it.
Right to Data Portability: You have the right to receive the personal data you provided to us in a structured, commonly used, and machine-readable format and have the right to transmit that data to another controller, where technically feasible.
Right to Object to Processing: You have the right to object, on grounds relating to your particular situation, to the processing of your personal data by us. This right applies when the processing is based on legitimate interests or for direct marketing purposes.
Rights in Relation to Automated Decision Making and Profiling: You have the right not to be subject to a decision based solely on automated processing, including profiling, which produces legal effects concerning you or similarly significantly affects you, except under certain circumstances.
Rights to lodge compliant to a supervisory authority in accordance with Art. 77 DSGVO. As a rule, you can contact the supervisory authority of your usual place of residence or workplace or the headquarters of the controller for this purpose.

9. Data Retention

We retain your personal information as long as necessary for its intended purposes, legal, accounting, or reporting requirements. We ensure the confidentiality of your MT4/5 account password and advocate for its privacy.

10. Changes to Our Privacy Policy

Any changes to our privacy policy will be communicated through our website and, if significant, via email. We encourage you to regularly review our policy for updates.

11. Contact Us

For any inquiries or concerns about our Privacy Policy or data use, please reach out to our data protection officer at the following email: tradeforexalgorithm@gmail.com

We appreciate your trust in Trade Forex Algorithm and remain committed to the utmost standards of privacy and data protection