Privacy Policy

How we collect, use, and protect your personal information and trading data at LuxoraFX

Privacy Policy

Last Updated: December 2024 | Version 1.9

1. Introduction

LuxoraFX ("we," "our," or "us") is committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our proprietary trading evaluation services, website, and related platforms.

As a proprietary trading firm offering evaluation programs and funding opportunities, we handle sensitive financial and personal data. We are committed to maintaining the highest standards of data protection and privacy in accordance with applicable laws and regulations.

By using our services, you consent to the collection and use of your information as described in this Privacy Policy. If you do not agree with our policies and practices, please do not use our services.

2. Information We Collect

2.1 Personal Information: We collect personal information that you provide directly to us, including:

  • Full name, date of birth, and contact information
  • Email address and phone number
  • Residential address and nationality
  • Government-issued identification documents
  • Financial information and trading experience
  • Employment information and income details
  • Bank account and payment method information

2.2 Trading Data: We collect comprehensive trading data during evaluation and funded trading periods:

  • Trading history and transaction records
  • Account performance metrics and statistics
  • Risk management and position sizing data
  • Platform usage patterns and preferences
  • Communication logs and support interactions

2.3 Technical Information: We automatically collect technical information when you use our services:

  • IP address and device information
  • Browser type and operating system
  • Website usage data and analytics
  • Login times and session duration
  • Cookies and similar tracking technologies

3. How We Use Your Information

3.1 Evaluation and Assessment: We use your information to:

  • Evaluate your trading skills and risk management capabilities
  • Monitor compliance with program rules and requirements
  • Assess eligibility for funding opportunities
  • Generate performance reports and analytics
  • Provide personalized feedback and recommendations

3.2 Service Provision: We use your information to:

  • Provide access to trading platforms and tools
  • Process payments and manage billing
  • Deliver customer support and technical assistance
  • Send important service notifications and updates
  • Maintain and improve our services

3.3 Compliance and Legal: We use your information to:

  • Comply with regulatory requirements and legal obligations
  • Conduct identity verification and KYC procedures
  • Prevent fraud and ensure platform security
  • Investigate and resolve disputes
  • Maintain accurate records for audit purposes

4. Information Sharing and Disclosure

4.1 Limited Sharing: We do not sell, trade, or rent your personal information to third parties. We may share your information only in the following circumstances:

  • With service providers who assist in our operations (under strict confidentiality agreements)
  • When required by law, regulation, or legal process
  • To protect our rights, property, or safety, or that of our users
  • In connection with a business transfer or acquisition
  • With your explicit consent

4.2 Service Providers: We work with trusted third-party service providers for:

  • Payment processing and financial services
  • Identity verification and compliance checks
  • Cloud hosting and data storage
  • Customer support and communication tools
  • Analytics and performance monitoring

4.3 Regulatory Compliance: We may share information with regulatory authorities, law enforcement, or other government agencies as required by applicable laws and regulations.

5. Data Security and Protection

5.1 Security Measures: We implement comprehensive security measures to protect your information:

  • Advanced encryption for data transmission and storage
  • Multi-factor authentication and access controls
  • Regular security audits and vulnerability assessments
  • Secure data centers with physical and digital protections
  • Employee training on data protection and privacy

5.2 Data Retention: We retain your information for as long as necessary to:

  • Provide our services and maintain your account
  • Comply with legal and regulatory requirements
  • Resolve disputes and enforce our agreements
  • Improve our services and prevent fraud

5.3 Data Breach Response: In the unlikely event of a data breach, we will promptly notify affected users and relevant authorities as required by law, and take immediate steps to contain and remediate the breach.

6. Your Privacy Rights

6.1 Access and Correction: You have the right to:

  • Access and review your personal information
  • Request corrections to inaccurate or incomplete data
  • Update your contact information and preferences
  • Download your trading data and performance records

6.2 Data Portability and Deletion: Subject to legal and regulatory requirements, you may:

  • Request a copy of your data in a portable format
  • Request deletion of your personal information
  • Withdraw consent for certain data processing activities
  • Object to specific uses of your information

6.3 Communication Preferences: You can control how we communicate with you by:

  • Updating your notification preferences in your account
  • Unsubscribing from marketing communications
  • Contacting our support team with specific requests

7. Cookies and Tracking Technologies

7.1 Cookie Usage: We use cookies and similar technologies to:

  • Maintain your login session and preferences
  • Analyze website usage and improve user experience
  • Provide personalized content and recommendations
  • Ensure platform security and prevent fraud
  • Deliver relevant marketing content

7.2 Cookie Management: You can control cookies through your browser settings, but disabling certain cookies may affect the functionality of our services.

7.3 Third-Party Analytics: We use third-party analytics services to understand how our website and services are used. These services may collect information about your online activities across different websites.

8. International Data Transfers

8.1 Cross-Border Processing: Your information may be processed and stored in countries other than your country of residence. We ensure that such transfers comply with applicable data protection laws and regulations.

8.2 Safeguards: When transferring data internationally, we implement appropriate safeguards such as:

  • Standard contractual clauses approved by regulatory authorities
  • Adequacy decisions by relevant data protection authorities
  • Certification schemes and codes of conduct
  • Additional security measures as required

9. Policy Updates and Changes

9.1 Policy Updates: We may update this Privacy Policy from time to time to reflect changes in our practices, technology, legal requirements, or other factors. We will notify you of any material changes through our website or direct communication.

9.2 Continued Use: Your continued use of our services after any changes to this Privacy Policy constitutes acceptance of the updated policy.

9.3 Version Control: We maintain version control of our Privacy Policy and make previous versions available upon request.

10. Contact Information

If you have questions about this Privacy Policy or our data practices, please contact us:

Data Protection Officer: [email protected]

General Inquiries: [email protected]

Phone: +971-50-8596-279

Address: Office # 210 Al-Nasar Sports Club, Dubai, UAE

Response Time: We aim to respond to privacy inquiries within 30 days