Our Privacy Policy
Last Updated: 14th May, 2024
IntroductionWelcome to Echo Trades. Your privacy is important to us, and this Privacy Policy outlines how we collect, use, disclose, and safeguard your information when you use our FX and stocks trading platform. By using our platform, you agree to the collection and use of your information in accordance with this policy.
1. Information We Collect 1.1 Personal InformationWhen you sign up for an account, we collect personal information that may include:
- Name
- Email address
- Phone number
- Date of birth
- Residential address
- Identification documents (e.g., passport, driver’s license)
- Payment and financial information (e.g., bank account details, credit card information)
We collect information related to your trading activities on our platform, including:
- Trade history
- Account balances
- Open and closed positions
- Deposit and withdrawal history
We may also collect technical information when you access and use our platform, such as:
- IP address
- Browser type and version
- Operating system
- Device information
- Log files and usage data
We use cookies and similar tracking technologies to enhance your experience on our platform, analyze usage, and for advertising purposes. You can manage your cookie preferences through your browser settings.
2. How We Use Your Information 2.1 To Provide Our ServicesWe use your information to:
- Create and manage your account
- Process transactions and execute trades
- Provide customer support
- Communicate important updates and notices
- Personalize your experience on our platform
We use your information to comply with applicable laws, regulations, and legal obligations, including anti-money laundering (AML) and know-your-customer (KYC) requirements.
2.3 To Improve Our ServicesWe use the information to:
- Analyze and understand usage patterns
- Develop new features and improvements
- Conduct research and market analysis
We may share your information with third-party service providers who assist us in delivering our services, such as payment processors, verification services, and data analytics providers.
3.2 With Regulatory AuthoritiesWe may disclose your information to regulatory authorities, law enforcement, or other government bodies as required by law or in response to legal requests.
3.3 In Business TransactionsIn the event of a merger, acquisition, or sale of assets, your information may be transferred to the acquiring entity.
3.4 With Your ConsentWe may share your information with third parties if you have given us your explicit consent to do so.
4. Data SecurityWe implement appropriate technical and organizational measures to protect your information from unauthorized access, alteration, disclosure, or destruction. However, please note that no method of transmission over the Internet or electronic storage is completely secure.
5. Your Rights and Choices 5.1 Access and CorrectionYou have the right to access and update your personal information. You can do this by logging into your account or contacting us directly.
5.2 Data PortabilityYou have the right to request a copy of the personal information we hold about you in a structured, commonly used, and machine-readable format.
5.3 Right to ErasureYou may request the deletion of your personal information, subject to certain legal obligations and legitimate interests.
5.4 Opt-OutYou may opt out of receiving promotional communications from us by following the unsubscribe instructions in the communications or by contacting us directly.
6. International Data TransfersYour information may be transferred to, stored, and processed in countries outside of your country of residence. By using our platform, you consent to such international data transfers, which will be carried out in compliance with applicable data protection laws.
7. Children’s PrivacyOur platform is not intended for use by individuals under the age of 18. We do not knowingly collect personal information from children under 18. If we become aware that we have inadvertently collected such information, we will take steps to delete it.
8. Changes to This Privacy PolicyWe may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any significant changes by posting the updated policy on our platform and updating the "Last Updated" date at the top.
9. Contact UsIf you have any questions or concerns about this Privacy Policy or our data practices, please contact us at:
Email: support@echotradeoptions.com
Address: Echo Trades
By using Echo Trades, you acknowledge that you have read and understood this Privacy Policy.