Privacy Statement

Introduction:

Skynet Trading Limited ("the Company," "we," "us") is committed to safeguarding the privacy and security of your personal data. This Privacy Statement ("Privacy Statement") outlines our practices and your rights in relation to the processing of your personal data, in compliance with the General Data Protection Regulation (GDPR) in the EU, and other relevant data protection laws.

Scope and Consent:

This Privacy Statement applies to all personal data we collect, use, store, share, transmit, delete, or otherwise process. Personal data refers to any information that can identify you directly or indirectly. By engaging with our services, you acknowledge and consent to the processing of your personal data in a fair and lawful manner as detailed in this Privacy Statement.

Principles of Data Processing:
  1. Lawfulness, Fairness, and Transparency: We process personal data lawfully, fairly, and transparently, providing clear information about how your data is used.
  2. Purpose Limitation: We collect data for specified, explicit, and legitimate purposes and do not process it further in ways incompatible with those purposes.
  3. Data Minimization: We ensure that personal data is adequate, relevant, and limited to what is necessary for the purposes for which it is processed.
  4. Accuracy: We take every reasonable step to ensure that personal data is accurate and, where necessary, kept up to date.
  5. Storage Limitation: We retain personal data in a form that permits identification of data subjects for no longer than necessary for the purposes for which the personal data is processed.
  6. Integrity and Confidentiality: We process personal data securely, including protection against unauthorized or unlawful processing and against accidental loss, destruction, or damage, using appropriate technical or organizational measures.
Your Rights:

Under GDPR and other applicable laws, you have the right to:

  • Access your personal data.
  • Request correction or erasure of your personal data.
  • Object to or restrict processing of your personal data.
  • Request data portability.
  • Withdraw consent at any time, without affecting the lawfulness of processing based on consent before its withdrawal.
  • Lodge a complaint with a supervisory authority.
Data Collection:

We collect personal data necessary for providing our services, including but not limited to:

  • Personal identifiers (e.g., name, gender, date of birth, identification documents, photographs, bank account details).
  • Contact details (e.g., phone number, mailing address, email address).
  • Business information (e.g., company name, registration details).
  • Usage data (e.g., behavioral information, location data, browser details, IP addresses).

For detailed information on cookies, please refer to our Cookies Policy at https://account.skynettrading.com/cookies.

Data Sharing and Disclosure:

We share personal data with third parties only when necessary to provide our services, comply with legal obligations, prevent fraud, or with your explicit consent. We disclose personal data to third parties such as regulators and auditors when legally required.

Data Security and Confidentiality:

We implement industry-standard security measures to protect your personal data from unauthorized access, use, modification, or disclosure. Access to personal data is strictly limited to personnel who require it for their work.

Data Retention:

We retain personal data only for as long as necessary to fulfill the purposes for which it was collected, or as required by law, after which it will be securely destroyed.

Transparency and Access:

Upon request, we will provide information about the processing of your personal data and uphold your rights under applicable laws.

Obligations:

Certain personal data is essential for the use of our services. Failure to provide this data may prevent us from delivering these services to you.

Amendments:

This Privacy Statement may be updated periodically to reflect changes in our data protection practices. We encourage you to review this Privacy Statement regularly.

Contact Information:

For questions or concerns regarding this Policy or your personal data, please contact us.

This Privacy Statement represents our commitment to protecting your personal data and upholding your rights. By providing your personal data to us, you acknowledge that such provision is fair and reasonable under the circumstances.