Privacy Policy

1. General overview

Forexite (hereinafter the Company) respects visitors', users' and clients' (hereinafter Client) privacy and is committed to protecting it. This Privacy Policy explains how the Company collects, uses, maintains and discloses Client's personal information. The Privacy Policy applies to the website and all products and services (hereinafter the Services) offered by the Company. The Company Services are intended for those Clients who agree with this Privacy Policy.

2. Information collected

During a demo or a real account registration and verification procedure Client provides his/her personal information: name, address, e-mail address, phone number, date of birth, identification document and other information requested. When Client uses the Services, the Company collects information about Client's transactions including deposits, withdrawals, trading activity, account balance, communication with the Company, etc.

The Company may also collect non-personal information about Clients whenever they interact with the Services. Such information may include the type of computer, IP address, browser type, operating system, cookies and other similar technical information.

3. Use of information

The Company uses Client's personal information for the following purposes: to set up and maintain Client's account, to enable Client's access to the Services, to enhance the security of the Services, to complete transactions requested by Client, to comply with financial services regulations, to improve and customize the Services, to respond to Client's inquiries, to notify Client about changes to the Services, to inform Client about additional products and services that may be of interest to Client. For the case Client would like to unsubscribe from receiving future updates, the Company includes detailed unsubscribe instructions at the bottom of each email.

4. Information protection

The Company uses appropriate data collection, storage and processing practices and security measures to protect against unauthorized access to Client's personal information and data stored on the Company servers. Only a limited number of the Company's employees who have a need to know this information will have access to it and are required to keep the information confidential.

Sensitive and private data exchange between Clients and the Company servers is encrypted and protected since it is carried out over a SSL secured communication channel. The Company works to ensure that the Services meet PCI security standards in order to create secure environment for Clients.

5. Client's information correction and deletion

If Client's personal information the Company holds proves to be inaccurate or outdated, the Company will correct it upon Client's request. Client may also modify his/her data using the appropriate options available in the Company's applications. Client may request termination of his/her account and deletion of personal information. In this case, the Company will deactivate his/her account and delete personal information, unless the storage of such data for a certain period of time is required for legal or regulatory purposes.

6. Disclosure of personal data

The Company does not sell, trade, or otherwise transfer to outside parties Clients' personal information. Aggregated non-personal information about Clients may be provided to other parties for marketing or other uses.

The Company may transfer Client's personal data to authorized organizations in order to execute Client's instructions concerning the use of the Services. The Company may disclose Client's personal data to government and regulatory agencies to the extent needed to comply with applicable legal requirements.

7. Cookies

The Company may use several types of cookies. Session cookies are essential for the Services to operate; if Client blocks these cookies Client cannot log in to his/her account. Other cookies allow the Company to enhance Client's experience remembering choices Client has made such as the preferred language. The Company may apply cookies from third party service providers to facilitate tracking of the Company Services use.

Web browsers have settings that allow Client to block cookies. By using the Services with the browser set to allow cookies, Client consents to the Company's use of cookies. If Client chooses to block cookies, Client may use the Services but some functions may not work properly.

8. Third party links

The Company Services may provide links to third-party websites and the third-party websites may provide links to the Company Services. The Company does not control the content on the linked websites and is not responsible for the practices employed by these websites. Visiting third party website is subject to that website own terms and policies.

9. Acceptance of the Terms

By using the Services, Client signifies his/her acceptance of this Privacy Policy. Client's continued use of the Services following the posting of changes to this Privacy Policy will be deemed as acceptance of those changes.

10. Contacting the Company

Client can contact the Company with any questions about this Privacy Policy as described on the Contacts page.

11. Changes to this Privacy Policy

The Company has the discretion to update this Privacy Policy at any time. When the Company does so, the Company will revise the updated date at the bottom of this page. Client acknowledges that it is his/her responsibility to review this Privacy Policy periodically and become aware of changes.

This Privacy Policy was last updated on November 9, 2021.

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