The main priority of Definite Area in matters of security is the protection of personal data and confidentiality of the Client and users of the Definite Area website. This Privacy Statement defines the procedure for collecting, using, and processing information, as well as the methods and procedures for protecting the Client’s personal data.
COLLECTION OF PERSONAL DATA
The Definite Area collects only those data that are necessary for the provision of services, information, technical and other support to the Client in the process of using the services of the Definite Area.
Data collection may also be carried out to determine the needs and preferences of the Client. The data that the Definite Area collects includes contact information necessary for communication (name, address, e-mail, telephone number).
To evaluate the trading experience and current financial situation of the Client, the representatives of the Definite Area request information on the approximate amount of annual income, as well as the approximate amount of capital.
The information the Definite Area collects may include the following:
1. Information from the registration application. This is personal data that the Client provides to us in his application for registering an account. Such information can be name, address, e-mail, date of birth, income, source of income, etc. This information is collected to simplify the application evaluation process, as well as to communicate with the Client.
2. Information about transactions. Data on the planned volume and amount of the Client’s transactions with the Definite Area, as well as data on income volumes, are collected to create an economic profile of the Client.
3. Verification information. Includes documents to verify the identity of the Client, such as an identity card, passport, or driver’s license. In addition, verification information includes reference data that we receive from open sources or other persons not related to the Definite Area. We collect this type of information to confirm the identity of the Client.
Use of personal data/opt-out of personal data use
We use the Client’s data only to protect his confidentiality and improve the quality of service. The Client’s personal information enables us to provide better services, improve user experience, inform the Client promptly about new products, services, or special offers that are relevant to his needs. By creating an account with the Definite Area, you agree to the use of the above information for the specified purposes. If you do not want to receive such information for any reason, please contact the support team.
Although any personal information requested by us is provided voluntarily by the Client, please note that failure to provide such information may result in the inability to create an account with the Definite Area or the inability to provide a certain service.
We make every effort to ensure that all of the personal information that we hold is current, complete, true, and accurate. We, therefore, urge you to notify us immediately of any changes to your personal information.
DATA PROTECTION
The Definite Area provides all the necessary conditions for the protection of the Client’s personal data. The Definite Area does not sell, license, lease or otherwise disclose the Client’s personal data to third parties, except as described in this privacy policy.
All personal data are stored on the Definite Area secure servers.
The Client is responsible for maintaining the confidentiality of the password from the personal account on the Definite Area website. It is strongly not recommended to transfer your personal password to third parties under any pretext, as such actions may cause the disclosure of personal information to third parties.
The Definite Area reserves the right to share the Client’s data with its branches if necessary to:
– Provide the Client with access to certain services and products at the request of the Client;
– Ensure the possibility of participation in the services and products offered by the branches of the Definite Area at the request of the Client.
The Definite Area has the right to transfer Client’s personal data to third parties in cases provided for by law, supervisory and other state bodies, as well as in cases where it is necessary to protect the rights and/or property of the Definite Area. In the cases described above, the Definite Area undertakes to explicitly and formally warn the third party of the confidential nature of the data provided.
The Definite Area is responsible for the transmitted information and has the right to refuse to transfer data to third parties who, in the Definite Area opinion, are unable to ensure the confidentiality and proper protection of information.
All third parties who have access to personal data from the Definite Area undertake to provide appropriate privacy protection following applicable law at the same level as the Definite Area.
Risk Disclosure
The Definite Area reserves the right to transfer data to third parties if required by law enforcement, regulatory or other government bodies of competent jurisdiction to protect our rights and/or comply with the order of legal proceedings. Such disclosures are made on a ‘need-to-know’ basis unless otherwise mandated by a regulatory or other government agency. In such situations, we expressly warn the third party about the confidentiality of the information provided.