Security and Disclosure
Forex Capital Markets ("FXCM") respects each individual's right to privacy. We value our relationship with you, and we take pride in maintaining loyalty and respect with each individual client by providing you with security. The provisions of this notice apply to former clients, current clients, and applicants.
Under the terms of the Data Protection Act, you are entitled to a copy of the personal data held by us on payment of a fee to cover the cost of locating, retrieving, reviewing and copying any material requested.
When you apply for or maintain a live account with FXCM, we collect personal information about you for business purposes, such as evaluating your financial needs, processing your requests and transactions, informing you about products and services that may be of interest to you, and providing customer service. Such information may include:
- Application information: Information you provide to us on applications and other forms, such as your name, address, birth date, Government Issued Identification , occupation, assets, and income
- Transaction information: Information about your transactions with us and with our affiliates as well as information about our communications with you. Examples include your account balances, trading activity, your inquiries, and our responses;
- Verification information: Information necessary to verify your identity, such as a passport or driving licence. Examples also include background information about you we receive from public records or from other entities not affiliated with FXCM. UK Money Laundering Regulations require us to collect information and take actions necessary to verify your identity.
FXCM uses Secure Socket Layer (SSL) encryption technology in order to protect certain information that you submit. This type of technology protects you from having your information intercepted by anyone other than FXCM while it is being transmitted to us. We work hard to ensure that our Web sites are secure and that they meet industry standards. We also use other safeguards such as firewalls, authentication systems (e.g., passwords and personal identification numbers), and access control mechanisms to control unauthorized access to systems and data.
Sharing Information With Our Affiliates
We may share personal information described above with our affiliates for business purposes, such as, but not limited to, servicing customer accounts and informing customers about new products and services, or to aid in the trading activity of the company, its affiliates, or employees, and as permitted by applicable law. Our affiliates may include companies controlled or owned by us as well as companies that have an ownership interest in our company. The information we share with affiliates may include any of the information described above, such as your name, address, trading and account information. Our affiliates maintain the privacy of your information to the same extent FXCM does in accordance with this Policy.
Sharing Information With Third Parties
FXCM does not disclose your personal information to third parties, except as described in this Policy. Third party disclosures may include sharing such information with non-affiliated companies that perform support services for your account or facilitate your transactions with FXCM, including those that provide professional, legal, or accounting advice to FXCM. Non-affiliated companies that assist FXCM in providing services to you are required to maintain the confidentiality of such information to the extent they receive it and to use your personal information only in the course of providing such services and only for the purposes that FXCM dictates. FXCM may aggregate data on an anonymous basis about its clients' trades and disclose such data to third parties.
We may also disclose your personal information to third parties to fulfill your instructions or pursuant to your expressed consent. We want you to know that FXCM will not sell your personal information.
You are not required to supply any of the personal information that we may request; however, failure to do so may result in our being unable to open or maintain your account or to provide services to you. While we make every effort to ensure that all information we hold about you is accurate, complete, and up to date, you can help us considerably in this regard by promptly notifying us if there are any changes to your personal information.
If you do not wish to have your personal information disclosed to our affiliates or other third parties as described in this Policy, please contact us via email at: firstname.lastname@example.org or send your request to:
Forex Capital Markets Limited
Attention: Privacy Officer
55 Water St., 50th Floor
New York, NY 10041
Please be advised, that if we receive such instruction we will not be able to service your account and must close any open and funded accounts you have.