Max Capital Limited, UAB, is responsible for the protection of the privacy and the safeguarding of clients’ personal and financial information. By opening a trading account with the Company, the client hereby gives its consent to such collection, processing, storage and use of personal information by the company as explained below.
While opening a trading account, personal data of the clients are collected by the Company. It is necessary to perform financial transactions, protect the assets and confidentiality of data, and for the possibility of providing quality services as well. When a client registers on the Company's website, he must fill in the form, which specifies personal information of the following nature:
A company can request personal information from a client in several ways:
The company can record and save any form of communication with the client (e-mail correspondence, phone call, etc.), which took place in the context of business relations. Such a record can be considered to be a proof of mutual cooperation between the client and the Company. During telephone recording, there is no warning signal or any other notifications.
By collecting information about its customers, the Company pursues several goals simultaneously:
A client who provides personal information to the Company has the following rights:
Any of the above requests can be sent to the technical support e-mail support@finmaxfx.com. The company responds to letters of similar content for several calendar days, if more time is needed to resolve the issue, the client will be notified about it additionally.
The Company protects the confidentiality of the personal data of its customers, regardless of how these data were received:
During the whole period while there are business relations between the Company and the client, the client’s personal information is preserved. The company undertakes to ensure the safety of digital storages, paper files, and other records all this time. The Company takes all necessary measures to protect the personal information it possesses from illegal and unauthorized use, loss, editing, disclosure or theft.
If the Company has achieved all the goals with respect to the client and no longer needs his personal information, it deletes the information and does not identify the person as the customer. There are times when, even after the termination of the joint venture, the Company keeps a record of customer data. Such thing happens when the client's actions are treated as money laundering or fraud. In these cases, the law requires the Company to store information about the client for at least 5 years, even after the termination of cooperation with him.
Personal information and data on ongoing transactions are retained for longer than 5 years from the moment of suspension of the cooperation agreement with the client in cases where the law and regulatory documents require it. For example, during court proceedings and disputes with the Company. When a client submits a request to refuse from receiving of marketing research, information about it is saved in the list of suppression. It gives the Company the opportunity to comprehend that the client does not want to receive such kind of messages.
In accordance with legal, regulatory and technical reasons, the Company has the right to store personal information about the customer for more than 5 years.
The personal information provided by the Company's client is confidential and can be distributed only within the Company or among its affiliated persons. Information is not subject to disclosure to a third party, except for situations provided by law. If a court or regulatory authority requests information about the client, its providing will be made according to the principle of official necessity, while the third party will be informed of the confidentiality of the information received.
To ensure the security of the personal data of the client and the user of the official resource of the Company, rules and technical methods aimed at protecting information were developed and implemented as well. Any operation carried out by the client within the official site is completely safe. To protect the website, a server certificate is used to confirm the reliability of the Company, in addition, a cryptographic cipher is used during the transfer of data - Secure Sockets Layer (SSL).
The login to the personal account is carried out using a username and password. These data are the property of the client, therefore, the Company is not responsible for the way it uses this information and how the customer manages accounts with their help. If the customer has detected unauthorized use of his trading account or noticed suspicious activity, it is mandatory to report to the technical service of the Company.
The Company may share information with affiliates in the event such information is reasonably required by such affiliate in order to provide the products or services to its clients. The Company may share information with partners, affiliates and associates in order to offer additional similar products and services that meet clients’ needs and which are delivered in a manner that is useful and relevant only where clients have authorized the Company to do so.
The company does not sell, license or lease personal information to a third party, except cases that comply with the privacy policy. The company has the right to disclose personal information of customers in cases where it is requested by legislation, regulatory and other documents of government agencies. Disclosing personal information of customers is allowed to such categories of third parties:
The third party receives only minimal access to personal information, its volume is sufficient only to secure contractual obligations to the Company. A third-party supplier has no right to disclose and use information about the customer for purposes that are not discussed with the Company. The third party, which obtains access to the personal information of the Company's clients, is obliged to protect it in accordance with the relevant legislation, using the same methods as the Company uses.
The company will not provide personal information about the client to a third party if the Company is not sure of the proper level of security and protection of such information.
The Company reserves the right to disclose personal information to third parties where required by law, regulatory, law enforcement or other government authority of a competent jurisdiction in order to protect our rights and/or to comply with such legal proceedings. Such disclosure shall occur on a ‘need-to-know’ basis, unless otherwise instructed by a regulatory or other government authority. Under such circumstances, the Company shall expressly inform the third party regarding the confidential nature of the information.
From time to time the Company may contact clients whether by phone or email for the purpose of offering them further information about the Company or financial market trading. In addition the Company may, on occasion, seek to contact clients, whether by phone or by email, for the purpose of informing them of unique promotional offerings provided by the Company for the client. Clients consent to the receipt of such contact when they consent to our terms and conditions of use when registering with the Company. Any person wishing to opt out of further contact with the Company at any time whatsoever is entitled to do so, simply by contacting the Company whether by phone or email and requesting that no further contact on behalf of the Company be made.
The Company is not responsible for the privacy policies or the content of sites to which FinmaxFX links and has no control of the use or protection of information provided by the clients or collected by those sites. Whenever a client elects to link to a co-branded web site or to a linked web site, the client may be asked to provide registration or other personal information. Please note that such information is recorded by a third party and will be governed by the privacy policy of that third party.
To protect the trading operations of customers and improve the efficiency of the official FinmaxFX website, the Company uses cookies. Cookies do not contain personal or confidential information, cookies are small text fragments sent by the Company from their Internet resource to the client browser. Cookies are stored in the client's browser and allow the Company to recognize each client using a unique identifier.
When visiting the official website of the Company, several cookies may be placed in the client's browser for the following purposes:
Since cookies can perform various functions, they are usually classified as follows:
Cookies can be used by third-party partners of the Company to provide promotional materials that could be of interest to the client. By their means, the activity of users on other sites or services is monitored. The data collected in this way is passed on to advertisers and advertising networks in order to subsequently deliver advertising and evaluate its effectiveness.
There are 2 types of cookies: session and permanent cookies. The first option is stored on the client's computer until the page view of the Company's website is completed. The second one is stored on the computer device until it is completely deleted or before its expiry.
In addition to its own cookies, the company has the right to place cookie files of third-party partners. It is done to report statistics, provide promotional materials on the resource and through the site.
It should be remembered that deleting some cookies can lead to inaccessibility to some functions on the site, in the personal account or in the trading terminal. Moreover, some pages may not be displayed correctly.
The Company may update this Privacy Policy from time to time. In the event that the Company materially changes this Policy including how it collects, processes or uses clients’ personal information, the revised Privacy Policy will be uploaded in the FinmaxFX. In this respect, the clients hereby agree to accept posting of a revised Privacy Policy electronically on the website as the actual notice of the Company to its clients. Any dispute over the Company’s Privacy Policy is subject to this notice and the Client Agreement. The Company encourages its clients to periodically review this Privacy Policy so that they are always aware of what information the Company collects, how it uses it and to whom it may disclose it, in accordance with the provisions of this Policy.