Collection of your Personal Information
In accordance with applicable Anti-Money Laundering and Counter-Terrorism Financing regulations and laws, GCFX has an obligation to collect information and verify the identity of its clients. This information is referred to as Know Your Client information or KYC information. Specifically, the information we collect for KYC identification may include identity, contact details, National Identifier, Socio-demographic, transactional, financial, contractual, documentary data, etc. GCFX will carry out its customer identification and verification procedures.
When submitting a client’s application form to open a live or demo account with GCFX, the Client will be providing entities within the GCFX group of companies (collectively, the “GCFX Group“), and its affiliated entities with the Client’s personal information. By applying for and/or opening a live or demo GCFX account, the Client acknowledges and agrees that their consent is voluntarily provided to the GCFX Group and its affiliated entities including Global Capital Market Limited, and G C Market Limited. Personal information is any information about the Client, that identifies the Client or by which the Client’s identity can reasonably be ascertained.
GCFX will also maintain records of all transactions and activities on the Client’s account(s), including, but not limited to, details of liquidations on the Client’s account(s). GCFX may also collect information about the Client from publicly available sources such as company registers. At any time, upon request, the Client may gain access to the information GCFX holds about the Client. GCFX may also record telephone conversations between the Client and persons working for GCFX. Such recordings, or transcripts from such recordings, may be used to resolve any dispute between the Client and GCFX and with a view to satisfying GCFX’s statutory obligations including requests from regulators and other government bodies. GCFX will also collect and hold information about the Client when the Client completes an online application or other type of form or operates and deals on the Client’s Account through GCFX’s websites.
GCFX may collect sensitive information about a client if:
- The collection is required or authorized by applicable laws or court/tribunal order;
- The client consents to the collection and the information is reasonably necessary for GCFX’s functions and activities;
- GCFX reasonably believes that collection is necessary to lessen or prevent a serious threat to the life, health or safety to an individual or the public, and it is unreasonable or impracticable to obtain the clients’ consent to the collection;
- GCFX has reason to suspect that unlawful activity or misconduct of a serious nature that relates to GCFX’s functions or activities is being or may be engaged in;
- GCFX believes that the collection is reasonably necessary to assist to locate a person who has been reported as missing.
The Client need not give GCFX any of the personal information about the Client requested in the application forms. However, without that information GCFX may not be able to open an account for the Client and/or provide services to the Client. While GCFX make every effort to ensure that all information GCFX hold about Client is accurate, complete, and up to date, Client need to notify GCFX promptly if there are any changes to your personal information. Should the Client have any questions or complaints about the Client’s privacy, the Client should contact GCFX. From time to time, we may receive personal information about you from third party sources, but only where we have checked that these third parties either have your consent or are otherwise legally permitted or required to disclose your personal information to us. We use the information we receive from these third parties to enhance the services we provide to you, such as providing curated content that is relevant to services, we provide you or topics you are interested in.
When you visit our website, we may collect certain information automatically from your device. In some countries, including countries in the European Economic Area (EEA) and PRC, this information may be considered personal information under applicable data protection laws.
Specifically, the information we collect automatically may include information like your IP address, device type, unique device identification numbers, browser-type, broad geographic location (for example, country or city-level location) and other technical information. We may also collect information about how your device has interacted with our website, including the pages accessed and links clicked.
Collecting this information enables us to better understand the visitors who come to our website, where they come from, and what content on our website is of interest to them. We use this information for our internal analytics purposes and to improve the quality and relevance of our website to our visitors.
GCFX encourages you to review the privacy policies of websites you choose to link to from ours so that you can understand how those websites collect, use, and share your information. GCFX is not responsible for the privacy policies or other content on websites outside of the GCFX family of websites.
In all cases, we strive to limit the amount of information we collect and store to that which is necessary to provide you the relevant services.
Use of your Personal Information
GCFX collects and uses your personal information to operate our website and deliver the services you have requested. GCFX also uses your personally identifiable information to inform you of other products or services available from us and our affiliates.
GCFX does not sell, rent, or lease its customer lists to third parties. GCFX may, from time to time, contact you on behalf of external business partners about a particular offering that may be of interest to you. In those cases, your unique personally identifiable information (e-mail, name, address, telephone number) is not transferred to the third party. In addition, we may share data with trusted partners for a business purpose, for instance, to perform statistical analysis, send you email or postal mail, provide customer support, among other things. All such third parties are prohibited from using your personal information except to provide these services to GCFX, and they are required to maintain the confidentiality of your information.
GCFX does not use or disclose sensitive personal information, such as race, religion, or political affiliations, without your explicit consent.
GCFX keeps track of the websites and pages our customers visit within GCFX, in order to determine what GCFX services are the most popular. This data is used to deliver customized content and advertising within GCFX to customers whose behavior indicates that they are interested in a particular subject area.
GCFX websites will disclose your personal information, without notice, only if required to do so by law or in the good faith belief that such action is necessary to: (a) conform to the edicts of the law or comply with legal process served on GCFX or the website; (b) protect and defend the rights or property of GCFX; and, (c) act under exigent circumstances to protect the personal safety of users of GCFX, or the public.
The GCFX website use “cookies” to help you personalize your online experience. A cookie is a text file that is placed on your hard disk by a Web page server. Cookies cannot be used to run programs or deliver viruses to your computer. Cookies are uniquely assigned to you and can only be read by a web server in the domain that issued the cookie to you.
One of the primary purposes of cookies is to provide a convenience feature to save you time. The purpose of a cookie is to tell the Web server that you have returned to a specific page. For example, if you personalize GCFX pages, or register with GCFX’s website or services, a cookie helps us to recall your specific information on subsequent visits. This simplifies the process of recording your personal information, such as billing addresses, shipping addresses, and so on. When you return to the same GCFX website, the information you previously provided can be retrieved, so you can easily use the GCFX website features that you customized.
You have the ability to accept or decline cookies. Most Web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer. If you choose to decline cookies, you may not be able to fully experience the interactive features of the GCFX services or websites you visit.
Security of your Personal Information
GCFX secures your personal information from unauthorized access, use or disclosure. We secure the personally identifiable information you provide on computer servers in a controlled, secure environment, protected from unauthorized access, use or disclosure. When we transmit personal information (such as a credit card number) to other websites, it is protected through the use of encryption, such as the Secure Socket Layer (SSL) protocol.
Changes to this Policy