Privacy Policy

Binary24 Ltd., and its related entities (hereafter “the Company”) is responsible for the protection of the privacy and the safeguarding of clients’ personal and financial information. By opening a trading account with the Company, the client hereby gives its consent to such collection, processing, storage and use of personal information by the company as explained below.

The collection of personal information
The Company collects the necessary information required to open a client’s trading account, perform transactions and safeguard the client’s assets and privacy and to provide clients with the services they require. In this respect, the Company gathers information from clients and may, in certain circumstances, gather information from banks and/or credit agencies, and/or clearing agencies and/or other sources which will help the Company to construct the client’s profile based on their requirements and preferences in order to provide its services effectively.
The information the Company collects includes information required to communicate with and identify its clients. The Company may also collect certain demographic information, including birth date, education, occupation, etc. The Company also analyzes trading-related information.
The Company uses clients’ personal information only as required to provide quality service and security to its clients. This information helps the Company to improve its services, customize browsing experience and enables it to inform its clients of additional products, services or promotions relevant to clients and in this respect the clients hereby consent to the usage of this data for such purposes. If the clients do not want to receive information of this nature for any reason, they can contact the Company at the following address: support@binary24.com
Protection of personal information
Any personal information provided by the client to the Company will be treated as confidential and shared only within the Company and its affiliates and will not be disclosed to any third party except under any regulatory or legal proceedings. In case such disclosure is required to be made by law or any regulatory authority, it will be made on a ‘need-to-know’ basis, unless otherwise instructed by the regulatory authority. Under such circumstances, the Company shall expressly inform the third party regarding the confidential nature of the information
Partners
The Company may share information with affiliates in the event such information is reasonably required by such affiliate in order to provide the products or services to its clients. The Company may share information with partners, affiliates and associates in order to offer additional similar products and services that meet clients’ needs and which are delivered in a manner that is useful and relevant only where clients have authorized the Company to do so.
Non-affiliated third parties
The Company does not sell, license, lease or otherwise disclose client’s personal information to third parties, except as described in this Privacy Policy. The Company reserves the right to disclose personal information to third parties where required by the law, regulatory or other government authority. The Company may also disclose information as necessary to credit reporting or collection agencies as reasonably required in order to provide the services to the Company and/or its clients. In addition, the Company may engage third parties to help carry out certain internal functions such as account processing, fulfillment, client service, client satisfaction surveys or other data collection activities relevant to its business. The use of the shared information is strictly limited to the performance of the above and is not permitted for any other purpose. All third parties with which the Company shares personal information are required to protect such personal information in accordance with all the relevant legislation and in a manner similar to the way the Company protects it. The Company will not share personal information with third parties if it may suspect that they will not provide its clients the required level of protection. In cases where clients have been introduced by a Business Introducer, such a Business Introducer may have access to the clients’ personal information. Hence, clients hereby consent to the sharing of such information with this Business Introducer.
Regulatory disclosure
The Company reserves the right to disclose personal information to third parties where required by law, regulatory, law enforcement or other government authority of a competent jurisdiction in order to protect our rights and/or to comply with such legal proceedings. Such disclosure shall occur on a ‘need-to-know’ basis, unless otherwise instructed by a regulatory or other government authority. Under such circumstances, the Company shall expressly inform the third party regarding the confidential nature of the information.
Contacting Clients
From time to time the Company may contact clients whether by phone or email for the purpose of offering them further information about the Company and/or trading services. In addition, the Company may, on occasion, seek to contact clients, whether by phone or by email, for the purpose of informing them of unique promotional offerings provided by the Company for the client. Clients consent to such contact when they accept our terms and conditions. Any person wishing to opt out of further contact with the Company at any time whatsoever is entitled to do so, simply by contacting the Company whether by phone or email and requesting that no further contact on behalf of the Company be made.
Restriction of responsibility
The Company is not responsible for the privacy policies or the content of sites to which www.binary24.com links and has no control over the use or protection of information provided by the clients or collected by those sites. Whenever a client clicks a link to a co-branded website or to a linked website, the client may be asked to provide registration or other personal information. Please note that such information is recorded by a third party and will be governed by the privacy policy of that third party.
Use of Cookies
The Company uses cookies to secure clients’ trading activities and to enhance the performance of the Binary24 website. Cookies used by the Company do not contain personal information or other sensitive information. The Company may share website usage statistics with reputable advertising companies and with its affiliated marketing companies. It is ensured that the information collected by such advertising companies is not personally identifiable. In order to manage and improve the Binary24 website, the Company may use third parties to track and analyze usage and statistical volume information. The third party may use cookies to track behavior and may set cookies on behalf of the Company. These cookies also do not contain any personally identifiable information
Privacy Policy Updates
The Company may update this Privacy Policy from time to time. In the event that the Company materially changes this Policy including how it collects, processes or uses clients’ personal information, the revised Privacy Policy will be uploaded to the Company website. The clients hereby agree to accept posting of a revised Privacy Policy electronically on the website as the actual notice of the Company to its clients. Any dispute over the Company’s Privacy Policy is subject to this notice and the Client Agreement. The Company encourages its clients to periodically review this Privacy Policy, so that they are always aware of what information the Company collects, how it uses it and to whom it may disclose it, in accordance with the provisions of this Policy.