The privacy statement below explains how Forex Trading Pal protects and collects your personal information. By using the Forex Trading Pal website or by opening a demo or live Forex trading account through the Forex Trading Pal website, you give Forex Trading Pal your permission to collect and use personal information as explained in the privacy statement below.
Collection of personal information
We collect information which we require to allow you to open an account through one of the brokers listed on our website. We also collect information required to provide you with demo accounts or to provide you with a copy of our Forex report. This information may include your name, email address, mailing address, telephone number and your broker of preference. We require this information in order to communicate with you and provide you with the products (i.e. live accounts, demo accounts, Forex report) you request from us.
All of the abovementioned information is provided by you to us directly by completing and sending forms on our website.
If you decide to participate in our rebate program we may require additional information from you such as your Paypal account email address. This information is always provided by you directly to us through email or during a telephone conversation.
We also collect information through your responses on information and promotional offers we send you. This information allows us to tailor our products and offers to your needs.
Forex Trading Pal also obtains information about you through our partnerships with certain Forex brokers. If you choose to open an account with any of such brokers through us, we may collect information about you from that particular broker. This information can consist of contact information such as your name, email address, mailing address and telephone number but also information regarding your trading activities like for example (but not limited to) your trading volume, account balance and currency pairs traded.Indirectly, we may collect information such as your Internet protocol ("IP") address, browser and operating system type, your physical location, your Internet Service Provider and your browsing behavior. Except for the IP address, this indirectly obtained information is not personally identifiable. To obtain and analyze this information we may use third party software.
Usage of personal information
The information obtained from you may be used by Forex Trading Pal to provide you with the products and services you request from us. Furthermore, the information me be used to contact you with offers and to provide you with information about products and services in which you may be interested.
We may also use collected information to verify if you have opened an account with one of the Forex brokers we cooperate with. Furthermore, we may monitor your trading activity and possibly provide recommendations or suggestions to you based on our findings. In case you participate in our rebate program we may also use the information regarding your trading activities to calculate the rebates we owe you.
If you close an account (demo or live) which you opened through our website or when such an account expires, we will keep your information in our database. We may then still contact you with offers and to provide you with information about products and services in which you may be interested.
Forex Trading Pal may pass on information about you to its partners if the information is required in order to provide products or services you have requested or to enable you to benefit from products or services offered by our partners. The partners mentioned here will on many occasions be Forex brokers we cooperate with but may also be other companies we cooperate with. In any case, Forex Trading Pal will pass on only the information which is required for the product or service concerned.
Other third parties
Forex Trading Pal will never disclose your personal information to any third party except for the situations described hereafter.
If law or any other government authority requires it, Forex Trading Pal reserves the right to disclose your personal information. Your information may also be disclosed in case this is necessary to protect our own property or rights.
If you decide to buy and/or use a service or product provided by another company or website, Forex Trading Pal is not responsible for the information you share with that particular company or website. This also applies to products and services from other companies offered or mentioned on our website, for example on banners or in text advertisements.
Securing personal information
Forex Trading Pal uses certain procedures and software packages to protect all information we obtain from you. Furthermore, your information is stored on a central location in order to further minimize security risks.
Changing this privacy statement
If required, Forex Trading Pal may change this privacy statement at any time. The adapted privacy statement will be put online immediately after changes are made. You agree that putting online the adapted privacy statement is a satisfying notice to you.