FXM Financial Group Privacy Policy
PLEASE READ THE FOLLOWING DISCLAIMER
Statement of Intent
The purpose of this privacy policy is to provide you, (the "User"), with details of how FXM Financial Group 483 Green Lanes, London N13 4BS, UK ("FXM TRADE") will collect and use the information you supply to it, including where applicable any personal data. This privacy policy is expressly incorporated into the Terms and Conditions of use of this Web Site.
Please read this privacy policy carefully. It is the stated policy of FXM Financial Group that it will act in accordance with current legislation and aims to meet current best practice with regard to the processing of personal data. FXM Financial Group is registered as a data controller in the United Kingdom under the Data Protection Act 2003.
Collection of Data
In using the Web Site, or in the course of your relationship with FXM Financial Group, you may provide certain data to FXM Financial Group, including personal data. This will be submitted by you when you submit your information on the Web Site or by other means such as post, fax or telephone. The information collected may include your email address, name, business name, address, telephone and fax numbers, home address, telephone, fax and mobile phone numbers. When you provide information about another person, they must have appointed you to act for them and to receive any data protection notices for them.
In agreeing to be bound by the Terms and Conditions of the Web Site (of which this privacy policy forms part), you agree that FXM Financial Group can compile and process your data in accordance with this privacy policy.
Use of Personal Data
FXM Financial Group will only use your personal data to help it provide its goods and services to you, and to allow us and any successor in title to our business to provide you with details of products, publications (which may include the production of a newsletter sent to our clients from time to time), events and general information which we feel will be of interest to you. Such contact may be by post, email, telephone and fax where you have provided these details to us. By agreeing to this policy, you request that ActivTrades use your data for such purposes.
FXM Financial Group will not under any circumstances provide your personal data to any other companies or organisations outside of our group without your consent unless required to do so by law.
Storage and Correction of Personal Data
FXM Financial Group will retain the data it holds concerning you for as long as it is current, unless you inform FXM Financial Group that you no longer wish it to retain this data.
If you are an individual, FXM Financial Group is obliged to supply you, on request, with a copy of the personal data it holds about you (if any), provided that you pay a small fee.
Should you wish FXM Financial Group to cease using your data as set out in this policy or would like a copy of the data that FXM Financial Group holds about you, please email us on info@fxmtrade.com
Should you discover any inaccuracies in such personal information, please notify FXM Financial Group as soon as possible at the same address. FXM Financial Group will then correct its records, and notify any third parties to whom such personal information may have been transmitted in accordance with paragraph 3 above.
Cookies
FXM Financial Group does not use cookies to track your internet usage after leaving this Website. FXM Financial Group is not responsible for the privacy practices of other sites to which links are provided.
Risk Warning
High Risk Investment
Margined Currency Trading is one of the riskiest forms of investment available in the
financial markets and is only suitable for sophisticated individuals and
institutions. An account with FXM Financial Group permits you to
trade foreign currencies on a highly leveraged basis (up to approximately 50
times your account equity). In a standard account an initial deposit of $1,000
will enable the account holder to take a maximum position of $100,000 market
value. (Please note that the minimum required to open an account is $2,500 for
a standard account and $250 for a mini a $100 for a mikro).
The funds in an account trading at maximum leverage can be completely lost, if the
position(s) held in the account has a one percent swing in value.
Theoretically, an account could lose more than the equity it contains, if the
account is trading at maximum leverage and positions held in the account swing
more than one percent in value. Given the possibility of losing one's entire
investment, speculation in the foreign exchange market should only be
conducted with risk capital funds that if lost will not significantly effect
one's personal or institution's financial well beings.
Market Opinions - FXM TRADE
Any opinions expressed by representatives of FXM Financial Group as to
the future direction of prices of specific currencies are purely opinions, do
not necessarily represent the opinion of Interbank FX, and are not guaranteed
in any way. In no event shall FXM Financial Group have any liability
for any losses incurred in connection with any decision made, action or
inaction taken by any party in reliance upon the information provided verbally
or via the Internet, or any delays, inaccuracies, errors in, or omissions of
information.
Internet Trading Risks
In addition, there are risks associated with utilizing an Internet-based deal
execution trading system including, but not limited to, the failure of
hardware, software, and Internet connection. Since FXM Financial Group does
not control signal power, its reception or routing via Internet, configuration
of your equipment or reliability of its connection, we cannot be responsible
for communication failures, distortions or delays when trading via the
Internet. FXM Financial Group employs back up systems and contingency
plans to minimize the possibility of system failure, and trading via telephone
is always available
Doing transactions with the use of leverage can have a considerable effect on
the status of the trading account, both in your favour, as well as
against you. Please remember that any professional trader risks only the
money the loss of which will not lead to financial collapse. That allows
the trader to make sensible and cool-headed decisions. Make sure that
you are fully aware of the degree of risk and you are ready to bear full
responsibility for the transactions carried out.
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