Is My Personal Data Safe with You?

The safety and security of your personal and financial information are paramount to us. We understand the critical importance of protecting our clients’ data, and we take every possible measure to ensure that your information remains secure. Our commitment to safeguarding your data extends across all aspects of our operations, from the technology we use to the policies we enforce.

To achieve this, we have implemented robust security protocols that include the latest encryption technologies, secure servers, and advanced access controls. These measures are designed to prevent unauthorized access, data breaches, and any potential misuse of your personal information. Our systems are regularly updated and audited to ensure they meet the highest standards of security.

For more detailed information on how we protect your data, please refer to our Privacy Policy. This document outlines the specific steps we take to secure your information and provides you with additional insights into how your data is handled.

Do You Share My Personal Data with Any Third Parties?

Your personal data is handled with the utmost care and is only shared with certain parties under specific circumstances. Primarily, your data may be shared with individuals or entities within our corporate group to facilitate the services we provide to you. In some cases, we may also share your data with non-affiliated third parties, but only when it is necessary to deliver a particular service or to support the technology we use.

It’s important to note that we do not disclose your personal information to any parties outside of these specific scenarios. We have stringent protocols in place to ensure that your data is only accessed by authorized personnel and is never exposed to unnecessary risks. All our offices are equipped with state-of-the-art technical infrastructure, and your data is stored on secure servers that are continuously monitored to prevent any potential data leaks.

For more comprehensive details about how we manage your data and the circumstances under which it may be shared, please refer to our Privacy Policy. If you have any concerns or questions about your privacy, feel free to reach out to us at [email protected].

What is Enhanced Verification?

Enhanced Verification is a critical component of our commitment to maintaining a secure and compliant trading environment. As part of this process, we are required to conduct Enhanced Due Diligence (EDD) on our clients. EDD is a more thorough screening process that allows us to meet regulatory requirements and uphold the highest standards in financial transactions, particularly within the European Economic Area (EEA) and other equivalent jurisdictions.

The Enhanced Due Diligence process involves gathering detailed information about our clients, including conducting advanced background checks and verifying the source of funds. This level of scrutiny is essential for ensuring transparency and integrity in all transactions. The EDD process is guided by the 4th EU Anti-Money Laundering (AML) Directive, which places a strong emphasis on identifying the Ultimate Beneficial Ownership (UBO) and enforcing strict compliance measures.

It’s important to emphasize that the information collected during the Enhanced Verification process is used solely to build your profile and ensure compliance with legal requirements. We do not share this information with any third parties.

How Long Will You Keep My Data?

We retain your personal data for as long as it is necessary to fulfill the purposes for which it was collected, as well as to comply with legal obligations. Specifically, we store your data for the following periods:

• Five years from the date of termination of your customer account.
• Any additional retention period required by law.
• Beyond these periods, we may retain records if needed for audits, tax matters, or the establishment, exercise, or defense of legal claims.

This approach ensures that we have sufficient information on hand to meet legal obligations while also respecting your right to privacy.

How to Register for a Corporate Account?

Registering for a corporate account is a straightforward process. The primary authorized person within your company can initiate the registration through our standard procedure, which involves providing personal details and completing a questionnaire. Once the registration is complete, please contact us at [email protected] so that we can provide you with the specific documentation requirements needed to finalize your account setup.

What is Withholding Tax and How is it Paid?

Withholding tax is a tax that is deducted from earnings or funds before they are paid out to you. This tax is paid directly to the government by the entity responsible for making the payment. Essentially, the company “withholds” the tax amount from the funds payable to the recipient, such as dividends, and remits it to the appropriate tax authorities.

Understanding withholding tax is important for managing your finances and ensuring compliance with tax regulations.