I. Scope and Definitions

The following privacy statement explains the nature, the scope and the purposes of collecting, processing and using personal data and other confidential information by WELTRADE on our website and subpages. The following Privacy Policy is an integral part of the Client Agreement you are to agree to it when registering on the WELTRADE. If there are differences between this Privacy Policy and the terms of any agreements concluded between the Client and WELTRADE, the terms of such agreements shall prevail. This Privacy Policy informs you of our policies regarding the collection, use, and disclosure of personal data when you enter and/or use WELTRADE  and the choices you have associated with that data. We use your data to provide and improve the WELTRADE. By using the WELTRADE, you agree to the collection and use of information in accordance with this policy.

Definitions:

Service or “WELTRADE”

All the services WELTRADE provides including visiting/registering/etc. 

Personal Data

Personal Data means data about a living individual who can be identified from those data (or from those and other information either in our possession or likely to come into our possession).

Usage Data

Usage Data is data collected automatically either generated by the use of the Service or from the Service infrastructure itself (for example, the duration of a page visit).

Cookies

Cookies are small pieces of data stored on your device (computer or mobile device).

Data Controller

Data Controller means the natural or legal person who (either alone or jointly or in common with other persons) determines the purposes for which and the manner in which any personal information are, or are to be, processed. For the purpose of this Privacy Policy, we are a Data Controller of your Personal Data.

Data Processors (or Service Providers)

Data Processor (or Service Provider) means any natural or legal person who processes the data on behalf of the Data Controller. We may use the services of various Service Providers in order to process your data more effectively.

Data Subject (or User/Customer)

Data Subject is any living individual who is using our Service and is the subject of Personal Data.

II. Information Collection And Use

We collect several different types of information for various purposes to provide and improve WELTRADE to you. Types of Data Collected:

Personal Data

While using WELTRADE, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you ("Personal Data"). Personally identifiable information may include, but is not limited to:

• - Email address
• - First name and last name
• - Address, State, Province, ZIP/Postal code, City
• - Cookies and Usage Data
• - ID document etc.
• - Others described in the Client Agreement or other legal documents.

Usage Data

We may also collect information how WELTRADE is accessed and used ("Usage Data"). This Usage Data may include information such as your computer's Internet Protocol address (e.g. IP address), browser type, browser version, the pages of our service that you visit, the time and date of your visit, the time spent on those pages, unique device identifiers and other diagnostic data.

Tracking & Cookies Data

We use cookies and similar tracking technologies to track the activity on WELTRADE and hold certain information. Cookies are files with small amount of data which may include an anonymous unique identifier. Cookies are sent to your browser from a website and stored on your device. Tracking technologies also used are beacons, tags, and scripts to collect and track information and to improve and analyze WELTRADE. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some portions of WELTRADE. Examples of Cookies we use: Session Cookies - We use Session Cookies to operate WELTRADE; Preference Cookies - We use Preference Cookies to remember your preferences and various settings; Security Cookies - We use Security Cookies for security purposes.

III. Use of Data

WELTRADE uses the collected data for various purposes:

• - To provide and maintain the WELTRADE
• - To notify you about changes to WELTRADE
• - To allow you to participate in interactive features of WELTRADE when you choose to do so
• - To provide customer care and support
• - To provide analysis or valuable information so that we can improve the WELTRADE
• - To monitor the usage of the WELTRADE
• - To detect, prevent and address technical issues
• - To provide you with news, special offers and general information about other goods, services and events which we offer that are similar to those that you have already purchased or enquired about unless you have opted not to receive such information.

IV. Legal Basis for Processing Personal Data Under General Data Protection Regulation (GDPR)

If you are or your IP address is from the European Economic Area (EEA), WELTRADE legal basis for collecting and using the personal information described in this Privacy Policy depends on the Personal Data we collect and the specific context in which we collect it.

WELTRADE may process your Personal Data because:

• - We need to perform a contract with you
• - You have given us permission to do so
• - The processing is in our legitimate interests and it's not overridden by your rights
• - To comply with the law

V. Retention of Data

WELTRADE will retain your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.

WELTRADE will also retain Usage Data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to improve the functionality of our Service, or we are legally obligated to retain this data for longer time periods. By registering on WELTRADE you are giving a consent for us to retain your Personal Data. 

VI. Transfer Of Data

Your information, including Personal Data, may be transferred to — and maintained on — computers located outside of your state, province, country or other governmental jurisdiction where the data protection laws may differ than those from your jurisdiction. Please note that we may transfer the data, including Personal Data, outside your jurisdiction (including outside the EU if it is your jurisdiction) and process it there. Your consent to this Privacy Policy followed by your submission of such information represents your agreement to that transfer. WELTRADE will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy and no transfer of your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of your data and other personal information.

VII. Disclosure Of Data

Legal Requirements

WELTRADE may disclose your Personal Data in the good faith belief that such action is necessary to:

• - To comply with a legal obligation
• - To protect and defend the rights or property of WELTRADE or it’s customers
• - To prevent or investigate possible wrongdoing in connection with the WELTRADE
• - To protect the personal safety of users of the WELTRADE or the public
• - To protect against legal liability.

VIII. Security Of Data

The security of your data is important to us, but remember that no method of transmission over the Internet, or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your Personal Data, we cannot guarantee its absolute security.

IX. "Do Not Track" Signals Under California Online Privacy Protection Act (CalOPPA)

We do not support Do Not Track ("DNT"). Do Not Track is a preference you can set in your web browser to inform websites that you do not want to be tracked.

You can enable or disable Do Not Track by visiting the Preferences or Settings page of your web browser.

X. Your Data Protection Rights Under General Data Protection Regulation (GDPR)

If you are a resident of the European Economic Area (EEA), you have certain data protection rights. WELTRADE aims to take reasonable steps to allow you to correct, amend, delete, or limit the use of your Personal Data. However, we imply the same rights to all our users from any jurisdiction. 

If you wish to be informed what Personal Data we hold about you and if you want it to be removed from our systems, please contact us at [email protected]. We will do our best to do so as soon as possible unless it is currently not possible due to an order/transaction you concluded via WELTRADE. In this case we will fulfil your request after all the obligations under such contract are fulfilled. 

In certain circumstances, you have the following data protection rights:

The right to access, update or to delete the information we have about you. Please contact us at [email protected] if you wish to update or delete your personal information.

The right of rectification. 

The right to object. You have the right to object to our processing of your Personal Data.

The right of restriction. You have the right to request that we restrict the processing of your personal information.

The right to data portability. You have the right to be provided with a copy of the information we have on you in a structured, machine-readable and commonly used format.

The right to withdraw consent. You also have the right to withdraw your consent at any time where WELTRADE relied on your consent to process your personal information (unless it is currently not possible due to an order/transaction you concluded via WELTRADE).

Please note that we may ask you to verify your identity before responding to such requests.

You have the right to complain to a Data Protection Authority about our collection and use of your Personal Data. For more information, please contact your local data protection authority in the European Economic Area (EEA).

XI. Service Providers

We may employ third party companies and individuals to facilitate WELTRADE  ("Service Providers"), to provide the WELTRADE on our behalf, to perform WELTRADE -related services or to assist us in analyzing how WELTRADE is used. These third parties have access to your Personal Data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose.

XII. Links To Other Sites

WELTRADE may contain links to other sites that are not operated by us. If you click on a third party link, you will be directed to that third party's site. We strongly advise you to review the Privacy Policy of every site you visit. We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.

XII. Children's Privacy

WELTRADE does not address anyone under the age of 18 ("Children"). We do not knowingly collect personally identifiable information from anyone under the age of 18. If you are a parent or guardian and you are aware that your Children have provided us with Personal Data, please contact us. If we become aware that we have collected Personal Data from children without verification of parental consent, we take steps to remove that information from our servers.

XIII. Establishing contact with us and with other customers

WELTRADE enables you to establish contact with us. This is possible, for example, by sending an email to us, or any message via the permitted message service (according to the Client Agreement ). The information you provide when contacting us is stored to process the request and, where appropriate, for the subsequent correspondence.

We do not disclose your personal information to any other WELTRADE customer unless it is necessary. 

XIV. Access data/server log files

Details of your visit to our site are stored in a log file (the so-called server log file). We collect (or our internet provider servers) the following data on each access to our WELTRADE:

• - IP address of the accessing computer;
• - name of the file requested;
• - date and time of the request;
• - amount of data transmitted;
• - notification of successful request;
• - browser type and version along with the operating system used;
• - referrer URL;
• - requesting Provider;
• - screen resolution.

The log data is used by us only for statistical analysis in the context of operation of WELTRADE. In case of illegal use of our service, the log data also serves to inform a resolution in the eventuality of any violation of the law.

XV. Service messages

There are some messages ("Service Messages") that we will need to send to you. These may be sent via email, post or text message (according to the addresses and directions provided by you during registration), and include notifications about your loan applications, repayments or balance if you are a borrower, and information about your balance and account status if you are a lender; information on updates and other information regarding using of WELTRADE. We may also send to you, from time to time, advertisements and other information about our services, or services of our partners.

XVI. Monitoring and recording

We may monitor, record, store and use any telephone, email or other communication with you in order to check any instructions given to us, for instructional purposes, for crime prevention, and to improve the quality of our customer service.

XVII. Consent

By registering as a user of WELTRADE, you consent to the terms of the Privacy Policy without any exclusions or reservations.