LEGAL
Risk Disclosure Policy
Important Information for SafeTradePortal Users:
Understanding Trading Risks:
Before participating in any trading activities on SafeTradePortal, it’s crucial to thoroughly understand and acknowledge the inherent risks involved, including:
- Market Volatility: Financial markets fluctuate rapidly, and prices can change quickly, leading to potential losses.
- Leverage: Leverage can amplify both profits and losses. While it may increase potential gains, it also significantly increases risk exposure.
- Liquidity: Reduced market liquidity can make it difficult to execute trades at desired prices, potentially leading to slippage or price gaps.
- External Factors: Political events, economic data, geopolitical tensions, and other external factors can significantly impact financial markets.
- Technology: Technical failures, including system outages, connectivity issues, and data inaccuracies, can disrupt trading activities.
- Regulation: Changes in regulations, policies, or legal frameworks can affect trading conditions, margin requirements, and instrument availability.
- Counterparties: Engaging with brokers and institutions carries risks related to their financial stability and operational capabilities.
Risk Management and Independent Advice:
SafeTradePortal encourages users to:
- Conduct thorough research before trading.
- Utilize appropriate risk management strategies to mitigate risks.
- Seek independent financial advice to understand their individual suitability for trading.
Please note: While potential profits are attractive, substantial losses are also possible.
Data Collection and Privacy Policy:
SafeTradePortal collects data from various sources, including:
- Trading platform activity
- Direct communication with users
- Third-party sources
- Surveys and feedback
This data may include:
- Personal information: Name, address, phone number, email address, etc.
- Financial information: Bank account details, income statements, etc.
- Identification documents: ID cards, passports, etc.
Data collection purposes:
- Identify and verify users
- Conduct AML/KYC checks
- Fulfill registration and deposit requirements
- Provide and improve services
Data security and access:
SafeTradePortal is committed to data security but cannot be held responsible for unauthorized access or misuse beyond their control.
Data sharing:
SafeTradePortal will not share user data with any third party without consent, except when required by law.
User rights:
Users have the right to:
- Deny or restrict cookie usage
- Access and update their data
- Request data deletion (subject to legal and regulatory limitations)
Mobile Trading App:
This policy generally applies to the SafeTradePortal mobile app, with some differences:
- Permission to access your device may be requested for features like storage or camera access.
- Users have the option to accept, deny, or restrict permissions.
- Users can uninstall the app if no longer needed.
Please note: This policy is intended for informational purposes only and does not constitute legal advice. It is recommended to consult with a legal professional for any specific questions.