This site is owned and operated by OT Markets LTD that is incorporated in Saint Vincent and Grenadines under the number 25372 BC 2019 and with a registered address in First Floor, First Saint Vincent Bank LTD limited, Kingstown, Saint Vincent and Grenadines. Your privacy is of the utmost importance to us. At OT Markets LTD, we want to make your experience using our services satisfying and safe. We decided to comply with EU data protection legislation and as such, we have strict security procedures in place in respect of both the storage and the disclosure of any information that you have provided to us. Please note, OT Markets LTD never share any of the above information about specific individuals with any external third party unless required to do so by Law or compliance with our regulatory obligations. This privacy statement discloses what information we gather and how we use it. Information OT Markets LTD gathers and tracks. Information that users provide through optional, voluntary submissions in order to receive our electronic newsletters Information from you in respect of your request to open a free Demo account or acquire full access to our online trading software This information is required for regulatory purposes in order that we may identify our clients both in respect of their suitability to access our services and to complete our client identification processes.
WHAT IS THIS POLICY ABOUT?
THE INFORMATION ABOUT YOU WE COLLECT
The products and services we provide fall under the scope of our registered activities and as such we generally have obligations to ask for a range of personal information from you which could include your name, address, date of birth, gender, contact details, occupation, income, assets and liabilities, bank account details, trading history or statements, financial statements, credit reporting information, employment details, location data or any other similar information which could be used to identify you.
HOW WE COLLECT THE INFORMATION?
HOW WE USE AND DISCLOUSE YOUR INFORMATION
We use the information you give us to assess your application, conduct identity checks, verify you and do anything else necessary in order to open your trading account. This includes conducting screening checks in accordance with our obligations under relevant anti money laundering laws and other regulatory laws. Once this process is complete, the information we hold is used for establishing and managing your account, reviewing your ongoing needs, enhancing our customer service and products and giving you information on any opportunities that we believe may be relevant to you. We may also use your personal information for the future planning of our business, including product development and research. In such instances (and in instances where we have legal or regulatory obligations), and depending upon particular restrictions on sensitive information, you consent to the disclosure of your personal information where we disclose that information to:
1. relevant regulators or government authority as required, authorised, permitted or compelled by law;
2. where applicable, anyone authorised by you (for example, your financial adviser);
4. an introducing broker, referrer, or third-party broker or agent who may have introduced or referred you to us (this is necessary in order to pay fees or commissions for such a referral and can include any click-through links you may have clicked on); and
5. third party service providers, including those who help facilitate or support our business, or develop new software to run our business more efficiently (these could include specialist advisers who have been contracted to provide us with administrative, IT, financial, regulatory, compliance, taxation, insurance, research or other services). Where we share your personal information in the ways set out above, you acknowledge and understand that this may result in your personal information being sent outside Saint Vincent and the Grenadines. Where this occurs, while we make reasonable attempts to, you acknowledge that we may not be able to extract an undertaking from the overseas recipients that they will comply with privacy laws and the ability to enforce privacy laws or any other contractual privacy obligation in relation to any breach may be very limited. As such, we will not be accountable for any breaches of those laws by that overseas recipient. Because privacy laws may not apply or be enforceable against some overseas recipients we understand that you may choose not to disclose your personal
information to us. If you choose not to provide the information however, we may not be able to open your trading account, or provide you with the product or service you have requested.
THE SECURITY AND STORAGE OF YOUR INFORMATION
We take our obligations to protect your personal information very seriously and as such we take reasonable steps to hold information securely in electronic or physical form. These steps are supported by a number of security standards, processes and procedures, and we store information in access-controlled premises or in electronic databases requiring logins and passwords. The transmission of information via the Internet is not completely secure. We cannot guarantee the security of your data transmitted to our online services and any transmission is at your own risk. To try to prevent this, we use Transport Layer Security (TLS) encryption technology in order to protect the information that you submit to us. This type of technology is
designed to protect you from having your information intercepted by anyone other than us during its transmission. We also use other safeguards such as firewalls, authentication systems (e.g., passwords and personal identification numbers) and access control mechanisms to restrict unauthorised access to systems and data.
Once we have received your information, we will take reasonable steps to useprocedures and security features to try to prevent unauthorised access, modification or disclosure.
We use a combination of secure computer storage facilities and paper-based files and other records and, irrespective of the format of the information, take steps to protect the personal information we hold from interference, misuse, loss, unauthorised access, modification or unauthorised disclosure. Some electronic communications through non-secure web platforms may not be secure, virus-free or successfully delivered. If you communicate with us using a non-secure web platform, you assume the risks that such communications between us are intercepted, not received, delayed, corrupted or are received by persons other than the intended recipient.
You can help us to keep your information secure. Remember that any user name or password in relation to our websites is personal to you and should not be made available to any other person. You should stop using your username and password and notify us immediately if you suspect that someone else may be using them.
RESTRICTIONS ON SENSITIVE DATA
If we collect Taxpayer Identification Numbers (“TINs”), or hold any other sensitive information, that information will be used and disclosed only for the purposes for which it was provided, unless you consent otherwise, or the use or disclosure of this information is allowed by law.
WHAT HAPPENS IF WE MAKE CHANGES TO THIS POLICY?
We may use your personal information to offer you products and services that we believe may interest you. We will not do this if you tell us not to. We will not provide your information to non- Group entities for marketing purposes. If you do not wish to receive marketing offers from us, you can let us know by emailing us at email@example.com.
ACCESSING YOUR PERSONAL INFORMATION
You may request a copy of the personal information about you which we hold in order to correct any inaccuracies and to object to our using your personal information for a marketing purpose. To do this, you should contact us using the details set out below in the “How to Contact Us” section. There is no fee for requesting that your personal information is corrected, however in processing your request, our reasonable costs may be recovered if necessary and if relevant legislation allows. This covers such things as locating the information and supplying it to you. Where we refuse to action your request to correct your personal information, you also have the right to request that a statement be associated with your personal information noting that you disagree with its accuracy. Updating information about you If any of the information that you have provided to us changes, for example if you change your email address or if you wish to cancel any request you have made of us, please let us know by contacting us as set out below.
HOW TO CONTACT US?
If you would like more information about how we manage your personal information or if you wish to change your contact information, please contact us or write to us, at the following contact details:
The “Contact Us” page of our Website provides our business addresses and international toll-free telephone numbers for clients from a number of countries and an international telephone number for clients from other countries. Our registered address is: First Floor, First Saint Vincent Bank LTD limited, Kingstown, Saint Vincent and Grenadines.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.