Protecting the privacy and safeguarding the personal and financial information of our clients and website visitors is one of our highest priorities. The following Privacy Statement explains how NKFOREXTRADING ACADEMY LTD collects and protects your personal information. References to “NKFOREXTRADING ACADEMY LTD” in this Privacy Statement include all NKFOREXTRADING ACADEMY LTD companies and divisions..
By using the NKFOREXTRADING ACADEMY LTD website, you give your consent to the collection and use of personal information by NKFOREXTRADING ACADEMY LTD as explained in this Privacy Statement.
Collection of personal information
We collect your personal information directly from you and indirectly as a result of your relationship with us. NKFOREXTRADING ACADEMY LTD may use the information collected from you to verify your identity and contact information. This information also helps us improve our services to you, customize your browsing experience and inform you about additional products, services or promotions that may be of interest to you.
You directly provide us with the majority of information we collect. This information includes your contact details, including name, mailing address, telephone number and e-mail address, personal identification data we are required by law to collect, including your passport number and/or tax identification number, and information required by law to assess your trading experience and risk tolerance, including your annual income, net worth and available risk capital. We may also collect demographic information when you open a trading/investment account, including gender, birth date, occupation and employment status.
You provide us with this information by completing the account application and related documentation, by sending us an e-mail or by submitting information in response to a promotion or special offer.
The information we collect indirectly from you includes your Internet protocol (“IP”) address, browser type, operating system, Internet service provider (ISP), time stamps and transaction history. Should you close your account with us, NKFOREXTRADING ACADEMY LTD will retain your information, but only use it to comply with regulatory requirements and to periodically contact you to offer you the opportunity to reactivate your account or participate in other offers.
Sharing Personal Information with NKFOREXTRADING ACADEMY LTD affiliates and Non-affiliated third parties
NKFOREXTRADING ACADEMY LTD does not sell, license, lease or otherwise disclose your personal information to any affiliate or third party for any reason, except as described below.
NKFOREXTRADING ACADEMY LTD may share information with affiliates if the information is required to provide the product or service you have requested or to provide you the opportunity to participate in the products or services our affiliates offer.
To help us improve our services to you, we may engage another business to help us carry out certain internal functions, such as account processing, fulfilment, client service, client satisfaction surveys or other data collection activities relevant to our business. We may also provide a non-affiliated third party with client information from our database, including your name, address, phone number, and/or e-mail address, to help us analyze and identify client needs, notify clients of product and service offerings or conduct general marketing and market research for us.
NKFOREXTRADING ACADEMY LTD also forges partnerships and alliances with non-affiliated third parties which offer high-quality products and services that might be of value to our clients. In order to ensure that these products and services meet your needs and are delivered in a manner that is useful and relevant, NKFOREXTRADING ACADEMY LTD may share some personal information with these non-affiliated third parties.
We generally require that all non-affiliated third parties to which we provide your non public personal information agree to keep your information confidential and use such information solely for the limited purpose for which we have engaged them, or as otherwise required by law. In addition, where offers are made to you by non-affiliated third parties, we generally require that they disclose that the offer is being extended because of your relationship with us. We also seek to ensure that these non-affiliated third parties maintain appropriate data security procedures to guard against unauthorized use of, or access to, your personal information.
When required by law, NKFOREXTRADING ACADEMY LTD reserves the right to disclose your personal information to third parties or regulatory, law enforcement or other government authorities. We may also disclose your information to credit reporting or collection agencies, or when necessary to protect our rights or property.
Changes to this Privacy Statement and Opting Out
In the event the NKFOREXTRADING ACADEMY LTD materially changes this Privacy Statement, the revised Privacy Statement will promptly be posted to our website. By visiting our web site, you are deemed to agree to accept posting of a revised Privacy Statement electronically on our website as actual notice to you.
Under certain circumstances, such as with respect to our sharing of your personal information with non-affiliated third parties, you may inform us that you would like to “opt out” by contacting us through the contact information listed below. Note that for joint accounts, an-opt out election made by one account owner of a joint account is applicable to all account owners of the joint account. An opt-out election must be made for each separate account you may hold at the NKFOREXTRADING ACADEMY LTD.
Any dispute over our Privacy Statement is subject to this notice and any customer agreement the NKFOREXTRADING ACADEMY LTD may have with you. If you have any questions that this Privacy Statement does not address or for any reason under this Privacy Statement, or otherwise, please contact us at email@example.com
Foreign Exchange and CFD trading are high risk and not suitable for everyone. You should carefully consider your investment objectives, level of experience and risk appetite before making a decision to trade with us. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of the markets that you are trading.
Margin and leverage
To open a leveraged CFD or forex trade you will need to deposit money with a account provider as a margin. Margin is typically a relatively small proportion of the overall contract value. For example a contract trading on leverage of 100:1 will require margin of just 1% of the contract value. This means that a small price movement in the underlying will result in large movement in the value of your trade – this can work in your favour, or result in substantial losses.
Your may lose your initial deposit and be required to deposit additional margin in order to maintain your position. If you fail to meet any margin requirement your position will be liquidated and you will be responsible for any resulting losses.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. The NKForexTrading Academy Ltd is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
The NKForexTrading Academy Ltd has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.
Last Updated: 01 June 2018