Privacy Policy
Effective Date: [1/1/2025]
SFA FX LTD, also known as SFA Funded, is committed to protecting your personal data. This Privacy Policy explains how we collect, use, and safeguard your information in compliance with the European Parliament and Council (EU) directive no. 2016/679 (GDPR) and other applicable laws.
What This Privacy Policy Covers
- What personal data we collect and why.
- How we use your data.
- Your rights regarding your data and how to exercise them.
- How we store and protect your data.
Information We Collect About You
When you interact with us, we may collect the following information:
- Personal Information: Full name, email address, phone number, residential address, date of birth, and payment details (such as bank account numbers).
- Account Information: Login credentials, trading account details, and platform usage activity.
- Technical Data: IP addresses, device identifiers, browser types, and usage logs.
Providing this data is necessary for creating an account, fulfilling our contractual obligations, and offering services. Failure to provide required data may prevent us from delivering our services.
How We Use Your Information
We process your personal data for the following purposes:
- Service Delivery: To provide, operate, and support your account and trading services.
- Legal Compliance: To comply with regulatory obligations such as identity verification (KYC) and anti-money laundering laws.
- Communication: To send updates, service notifications, and, with your consent, marketing communications.
- Security: To detect and prevent fraud, unauthorized access, or other malicious activities.
Data Retention:
We retain your data for the duration of our contractual relationship. After contract termination, we store your data for up to 4 years to resolve disputes or comply with legal obligations. Beyond this period, your data will be securely deleted unless required by law.
Your Rights
As a user, you have the following rights under GDPR:
- Right to Access: You can request information about the personal data we process about you.
- Right to Correction: You can correct inaccurate or incomplete personal data.
- Right to Deletion (Right to be Forgotten): You can request the deletion of your data unless we are legally required to retain it.
- Right to Restrict Processing: You can limit the use of your data in specific situations, such as when contesting its accuracy.
- Right to Data Portability: You can request your data in a machine-readable format to transfer to another service provider.
- Right to Object: You can object to processing your data for marketing purposes or where processing is based on our legitimate interest.
To exercise any of these rights, contact us at [email protected].
Commercial Communications
If you have provided consent, we may send marketing communications, including offers, updates, and event invitations. You can withdraw your consent at any time by clicking the “unsubscribe” link in our emails or contacting [email protected].
Data Security
We take data security seriously and implement strict measures to protect your personal data, including:
- Encryption: Your data is stored in an encrypted format.
- Access Control: Only authorized personnel have access to your data.
- Regular Audits: We regularly test and monitor our security systems to prevent breaches.
Third-Party Sharing
We do not sell or rent your personal data. However, we may share your information with:
- Service Providers: Trusted partners who assist with payment processing, customer support, or data storage.
- Regulatory Bodies: As required by law for compliance purposes.
All third parties must process your data securely and only for the purposes specified by us.
Cookies and Tracking
We use cookies and similar technologies to enhance user experience and analyze website performance. By using our website, you consent to the use of cookies. You can manage your cookie preferences in your browser settings.
Data Transfers
Your personal data may be transferred and stored outside of the EU. In such cases, we ensure adequate protection through standard contractual clauses or other approved mechanisms.
What Happens if You Can’t Complete KYC Verification?
If you fail to complete the KYC process, your account may be suspended, and you will not be able to access services until the verification is complete.
Updates to This Policy
This Privacy Policy may be updated periodically. The latest version will always be available on our website. Significant changes will be communicated via email.
Contact Us
If you have questions or concerns about this Privacy Policy, contact us at:
Email: [email protected]