GAIN Capital Group's Privacy Statement
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 GAIN Capital Group collects and protects your personal information. References to "GAIN Capital Group" in this Privacy Statement include all GAIN Capital Group companies, affiliates and divisions, including FOREX.com and GAIN Capital - FOREX.com UK Limited.By opening a GAIN Capital Group account or by using GAIN Capital Group Web sites, you give your consent to the collection and use of personal information by GAIN Capital Group as explained in this privacy statement.
Data Protection For the purpose of the UK Data Protection Act 1998 (the "DPA") the data controller of the FOREX.com and FOREX.com/uk websites in the UK is GAIN Capital FOREX.com UK Limited Registered Office: 23 College Hill, 3rd Floor, London, EC4R 2RT. Registered Number 03770004.
Collection of personal information We collect information required to open an account, to transact business effectively and to safeguard your privacy. To do this, we gather information to help us assess your needs and preferences.
The information we collect directly from you includes information required to communicate with you, including your name, mailing address, telephone number, e-mail address. In addition, we collect information required by law to identify who you are, including your Social Security number, Passport number or Tax Identification number. We also collect demographic information when you open an account, including gender, birth date, occupation and employment status. Our regulatory bodies also require us to assess your trading experience, your approximate annual income, approximate net worth, and available risk capital, all to assess your financial position.
You directly provide to us the majority of information we collect. You do this by completing the account application and related documentation, by placing a trade, by sending us an e-mail, or by submitting information in response to a promotion or special offer. Other ways we obtain information are by (1) observing your usage of the Web site, and (2) providing products and services to you. This information enables us to offer you products and services that should be of interest to you.
The information we collect indirectly from you includes your Internet protocol ("IP") address, browser type, operating system, Internet service provider (ISP), time stamps, transactions placed, and banner ads you click. We do this through the use of cookies, which are small text files sent from the Web server and may be stored on your computer. Cookies help us to know you better by providing operational data we can use to aid your interaction with our Web site and improve its navigation and usability.
Usage of personal information
GAIN Capital Group may use the information collected from you to verify your identity and contact information. We may also use this information to establish and set up your trading account, issue an account number and a secure password, maintain your account activity, and contact you with account information. This information helps us improve our services to you, customise your browsing experience and inform you about additional products, services or promotions that may be of interest to you.
Should you close your account with us, GAIN Capital Group 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 valuable offers.
GAIN Capital Group affiliates and partners
GAIN Capital Group 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. GAIN Capital Group also forges partnerships and alliances, which may include joint marketing agreements, with other companies who 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, GAIN Capital Group may share some personal information with partners, affiliates and alliances. This allows them to better understand the offers that are most relevant and useful. In our strategic relationships, we will require that it be identified that an offer is being extended because of the relationship with us. The use of your personal information is limited to the purposes identified in our relationship with the partner or affiliate. We only pass on your information to affiliates with which we have a formalised Data Transfer Agreement.
Non-affiliated third parties
GAIN Capital Group does not sell, license, lease or otherwise disclose your personal information to any third party for any reason, except as described below.
GAIN Capital Group reserves the right to disclose your personal information to third parties where required by law to regulatory, law enforcement or other government authorities. We may also disclose your information as necessary to credit reporting or collection agencies, or when necessary to protect our rights or property.
If you are located in a country in the European Economic Area ("EEA"), owing to the global nature of the intranet infrastructure, the information you provide may be transferred in transit to countries outside the EEA that do not have similar protections in place regarding your data and its use as set out in this policy. By submitting your information you consent to these transfers. GAIN Capital Group enters into Data Transfer Agreements with third party recipients of information which are located outside of the EEA.
To help us improve our services to you, we may engage another business to help us to carry out certain internal functions such as account processing, fulfillment, client service, client satisfaction surveys or other data collection activities relevant to our business. We may also provide a party with client information from our database to help us to analyse and identify client needs and notify clients of product and service offerings. Use of the information shared is strictly limited to the performance of the task we request and for no other purpose. All third parties with which we share personal information are required to protect personal information in a manner similar to the way we protect personal information. Examples of information shared are identifying information such as name, mailing address, e-mail address and, telephone number, and information on account activity.
If at any time you choose to purchase a product or service offered by another company, for example by clicking on an advertisement on a Web site owned or controlled by GAIN Capital Group, any personal information you share with that company will no longer be controlled under our Privacy Statement. We are not responsible for the privacy policies or the content of sites we link to and we have no control of the use or protection of information provided by you or collected by those sites. Whenever you elect to link to a co-branded Web site or to a linked Web site, you may be asked to provide registration or other information. Please note that the information you are providing is going to a third party, and you should familiarize yourself with the privacy policy published by that third party.
Opting out of disclosures of non-public personal information
You may direct us not to disclose non-public personal information to certain third parties. To opt out of sharing non-public personal information with third parties, please contact GAIN Capital Group as stated in 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 hold at GAIN Capital Group.
If we propose to share information in a manner not covered in this Privacy Statement, we will notify you of this change by posting an addendum on the GAIN Capital Group Web site, a notice in the "What's New" section of the Web site, and if appropriate, provide you an opportunity to opt out of such use.
The security of your personal information
We employ security software, systems, and procedures to offer you a safe and secure trading environment and protect your personal, financial and trading information.
When you open an account with us, you are issued a unique account number, User ID and a password. Only a limited number of GAIN Capital Group employees who have a need to know this information will have access to your account number, UserID, and password. Remember: you are ultimately responsible for maintaining the secrecy of your account number, UserID, and password. We strongly recommend that you do not disclose this information to any one else.
On our Web site and on our online account application, we use technology to encrypt information transmitted by or to you through our Web site. We use VeriSign certificates to authenticate our Web site and secure trading and customer-facing applications, allowing you to verify that you are connected to our Web site. We will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this privacy policy. We also keep your information confidential. The internal procedures of GAIN Capital Group cover the storage, access and disclosure of your information. "
Use of "cookies"
We use cookies to assist us in securing your trading activities and to enhance the performance of our Web site. (Cookies are small text files sent from the Web server to your computer.) Cookies used by GAIN Capital Group do not contain any personal information nor do they contain account or password information. They are used by GAIN Capital Group to allow the site to recognize that a page request comes from a person who has already logged on.
GAIN Capital Group may share Web site usage information about visitors to the Web site with reputable advertising companies for targeting our Internet banner advertisements on this site and other sites. For this purpose, pixel tags (also called clear gifs or web beacons) may be used to note the pages you've visited. The information collected by the advertising company through the use of these pixel tags is not personally identifiable.
To administer and improve the GAIN Capital Group Web site, we may use a third party to track and analyse usage and volume statistical information, including page requests, form requests, and click paths. The third party may use cookies to track behavior and may set cookies on behalf of GAIN Capital Group. These cookies do not contain any personally identifiable information.
Changes to this Privacy Statement
In the event GAIN Capital Group materially changes this Privacy Statement, the revised Privacy Statement will promptly be posted to the Web sites and we will post a notice on our Web sites informing you of such changes. You agree to accept posting of a revised Privacy Statement electronically on the Web site as actual notice to you. Any dispute over our Privacy Statement is subject to this notice and the GAIN Capital Group Customer Agreement. If you have any questions that this statement does not address, please contact a Client Services representative.
By submitting your information you consent to the use of that information as set out in this policy. Continued use of GAIN Capital Group's website will signify that you agree to any changes.
You have the right to ask us not to process your personal data for marketing purposes. We will usually inform you (before collecting your data) if we intend to use your data for such purposes or if we intend to disclose your information to any third party for such purposes. You can exercise this right at any time by contacting us at the address below.
You may contact GAIN Capital Group for any reason under this Privacy Policy, or otherwise, as follows:
| Freephone: | 0800 032 1948 |
| International Call: | +44 (0) 20 7429 7900 |
| Email: | metatraderuk@forex.com |
| Postal: | GAIN Capital Group Attention: Privacy Issues Bedminster One 135 US Highway 202/206 Suite 11 Bedminster, NJ 07921 |
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Last Updated: March 2011
