The Funded Trader India Privacy Policy
1. General Provisions
1.1 Introduction
This Privacy Policy outlines how The Funded Trader collects, uses, and protects personal information of traders and website visitors in India. We are committed to safeguarding your privacy and ensuring the security of your personal data.
1.2 Scope
This policy applies to all personal data processed by The Funded Trader through our website, trading platforms, and other services provided to Indian traders.
1.3 Compliance
We adhere to the Information Technology Act, 2000, and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011, as well as other applicable Indian data protection laws.
1.4 Policy Updates
This policy may be updated periodically to reflect changes in our practices or regulatory requirements. We will notify users of any significant changes via email or through our website.
2. Key Definitions
2.1 Personal Data
Any information relating to an identified or identifiable natural person in India.
2.2 Sensitive Personal Data
Information relating to passwords, financial data, health conditions, sexual orientation, biometric information, and other categories as defined by Indian law.sexual orientation, bi
2.3 Data Subject
The individual to whom the personal data relates, typically our traders or website visitors in India.
2.4 Data Controller
The Funded Trader, which determines the purposes and means of processing personal data.
2.5 Data Processor
Any entity that processes personal data on behalf of The Funded Trader.
2.6 Processing
Any operation performed on personal data, including collection, storage, use, and transmission.
3. Rights and Obligations of The Funded Trader
3.1 Data Collection
We have the right to collect personal data necessary for providing our services, subject to the consent of the data subject.
3.2 Data Protection
We are obligated to implement appropriate technical and organizational measures to protect personal data from unauthorized access, alteration, disclosure, or destruction.
3.3 Transparency
We must provide clear information about our data processing activities and respond to data subject requests in a timely manner.
3.4 Data Retention
We will retain personal data only for as long as necessary to fulfill the purposes for which it was collected, or as required by law.
3.5 Third-Party Disclosure
We may share personal data with third parties only as outlined in this policy and with the consent of the data subject, where required.
4. Rights and Obligations of Data Subjects
4.1 Right to Information
Data subjects have the right to be informed about the collection and use of their personal data.
4.2 Right to Access
Data subjects can request access to their personal data held by The Funded Trader.
4.3 Right to Rectification
Data subjects can request the correction of inaccurate or incomplete personal data.
4.4 Right to Erasure
Under certain circumstances, data subjects can request the deletion of their personal data.
4.5 Right to Object
Data subjects can object to the processing of their personal data for certain purposes, such as direct marketing.
4.6 Right to Data Portability
Data subjects can request their personal data in a structured, commonly used, and machine-readable format.
4.7 Consent Withdrawal
Data subjects have the right to withdraw their consent for data processing at any time.
5. Principles of Personal Data Processing
5.1 Lawfulness, Fairness, and Transparency
We process personal data lawfully, fairly, and in a transparent manner.
5.2 Purpose Limitation
Personal data is collected for specified, explicit, and legitimate purposes and not further processed in a manner incompatible with those purposes.
5.3 Data Minimization
We collect and process only the personal data that is necessary for the specified purposes.
5.4 Accuracy
We take reasonable steps to ensure that personal data is accurate and, where necessary, kept up to date.
5.5 Storage Limitation
Personal data is kept in a form that permits identification of data subjects for no longer than necessary for the purposes of processing.
5.6 Integrity and Confidentiality
Personal data is processed in a manner that ensures appropriate security, including protection against unauthorized or unlawful processing and accidental loss, destruction, or damage.
5.7 Accountability
The Funded Trader is responsible for and can demonstrate compliance with these principles.
6. Conditions for Processing Personal Data
6.1 Consent
We obtain explicit consent from data subjects for processing their personal data, except where other lawful bases apply.
6.2 Contractual Necessity
Processing is necessary for the performance of a contract with the data subject or to take steps at the request of the data subject prior to entering into a contract.
6.3 Legal Obligation
Processing is necessary for compliance with a legal obligation to which The Funded Trader is subject.
6.4 Vital Interests
Processing is necessary to protect the vital interests of the data subject or another natural person.
6.5 Legitimate Interests
Processing is necessary for the legitimate interests pursued by The Funded Trader or a third party, except where such interests are overridden by the interests or fundamental rights of the data subject.
7. Procedures for Collecting, Storing, Transferring, and Processing Personal Data
7.1 Data Collection Methods
We collect personal data through:
• Account registration forms
• Trading platform usage
• Website interactions
• Customer support communications
• Cookies and similar technologies
7.2 Types of Personal Data Collected
The personal data we collect may include:
• Name, address, and contact details
• Date of birth and national ID number
• Financial information and trading history
• Device and IP information
• Communication records
7.3 Data Storage
Personal data is stored on secure servers located in India and in countries with adequate data protection laws. We implement industry-standard security measures to protect data at rest and in transit.
7.4 Data Retention Periods
We retain personal data for the following periods:
• Active accounts: Duration of the account plus 7 years
• Inactive accounts: 7 years from last activity
• Website visitors: 2 years from last interaction
7.5 Data Transfers
When transferring data outside of India, we ensure that adequate safeguards are in place, such as:
• Standard contractual clauses
• Binding corporate rules
• Adequacy decisions by relevant authorities
7.6 Data Processing Activities
Our data processing activities include:
• Account management
• Risk assessment and compliance checks
• Trading execution and monitoring
• Customer support
• Marketing (with consent)
• Analytics and service improvement
8. Confidentiality of Personal Data
8.1 Employee Confidentiality
All employees of The Funded Trader are bound by confidentiality agreements and receive regular training on data protection.
8.2 Third-Party Confidentiality
We require all third-party service providers to sign confidentiality agreements and adhere to our data protection standards.
8.3 Data Access Controls
Access to personal data is restricted to authorized personnel on a need-to-know basis, with role-based access controls in place.
8.4 Data Encryption
Sensitive personal data is encrypted both in transit and at rest using industry-standard encryption protocols.
8.5 Breach Notification
In the event of a data breach, we will notify affected data subjects and relevant authorities as required by Indian law.
9. Final Provisions
9.1 Contact Information
For any privacy-related inquiries or to exercise your rights, please contact our Data Protection Officer at:
Email: [email protected]
9.2 Complaint Resolution
If you have concerns about our data processing activities, please contact us directly. You also have the right to lodge a complaint with the relevant data protection authority in India.
9.3 Policy Review
This Privacy Policy is reviewed annually and updated as necessary to reflect changes in our practices or regulatory requirements.
9.4 Governing Law
This Privacy Policy is governed by the laws of India. Any disputes arising from this policy shall be subject to the exclusive jurisdiction of the courts in Mumbai, India.
9.5 Severability
If any provision of this Privacy Policy is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that this Privacy Policy will otherwise remain in full force and effect.
By using our services, you acknowledge that you have read and understood this Privacy Policy and agree to the collection, use, and disclosure of your personal data as described herein. If you do not agree with this policy, please do not use our services.