1. Introduction

This policy is in accordance with Article 24 GDPR (EU) 2016/679. Foraxi has implemented technical and organisational measures to comply with the General Data Protection Regulation (GDPR). This policy outlines how Foraxi collects, uses, and shares personal data. It has been prepared in compliance with the General Protection Regulation, Regulation (EU) 2016/679, (the “GDPR”), and the Article 29 European Commission Guidelines on transparency under the GDPR.

2. Collection of Personal Information

During registration, account setup, or any form completion on our website, subscribing to our services, or any other interaction, we may collect the following data:

• - Personal Information: Names, addresses, personal registration number, national identification number, passport number and email addresses etc.
• - Financial Information: Depending on the situation, we may collect financial data, trading experience, and employment information for appropriateness assessment.

3. Purpose and Use of Data

The data we collect is used for anti-money laundering (AML) compliance, fulfilling regulatory obligations related to Know Your Client (KYC) and client due diligence, verifying identity, responding to legal requests, and preventing harm.

We may also use client's email addresses for marketing campaigns related to our products or services. Opt-out options are available for those who do not wish to receive such communications.

4. Legal Requests and Preventing Harm

We access, preserve, and share data with regulators, law enforcement, or others upon request to respond to legal requests or to prevent harm. This includes detecting, preventing and addressing fraud, unauthorized use of the services or products, violations of our terms or policies, and to protect the rights, property or safety of ourselves and others.

5. Data Security

Client data is stored securely and confidentiality is maintained as per legislation on protection of personal data in the jurisdiction where Foraxi is located. Access to your data is limited to those who have a business need to know it. We have procedures in place to deal with any suspected data security breach, and will notify you and any applicable regulator of a suspected breach where legally required to do so.

6. Legal Basis for Processing Personal Data

We process personal data under lawful bases including contractual necessity, compliance with legal obligations, and where necessary for our legitimate interests, provided these do not infringe on the rights and freedoms of the data subject.

7. Your Rights

The GDPR provides several rights for individuals residing in the European Union. These include the right to request correction of inaccurate data, and to require us to correct any mistakes in your information which we hold.

8. Contact Us

For queries, concerns, or complaints, please contact us at support@foraxi.com.