and then find out that you bought not the highest-carat bars. You will also realize that you just can’t sell them at the same price, because it will always be lower.
You can open a gold account in the bank,
losing almost your entire profit on spreads and inflation.
Or you can create an account with PaxForex and get 94% of net profit just by trading on the gold rate changes!
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Personal Data Policy
When the Client applies for or maintains a live or demo account with the Company, the Company collects personal information about the Client for business purposes, such as evaluating the Client's financial needs, processing the Client's requests and deals, informing the Client about products and services that may be of interest to him/her, and providing effective and quality service to the Client.
Such information can be of the following types:
Registration information - information provided by the Client on application forms and other documents (including electronic documents). This includes: first name, last name, patronymic name, contact information (postal address, telephone number, e-mail, etc.), date of birth, occupation, assets and incomes.
Transaction Information - information about deals between the Client and the Company, or between the Client and the Affiliated Partners of the Company, as well as information about communications (unilateral or bilateral) between the Client and the Company. Examples include Client account balances, trading (investing) activity, Client inquiries and the Company responses, including texts of the mails or log-files in used messaging systems.
The present Privacy Policy, the term "Partners of the Company" refers to the organizations owned or run by the Company, as well as organizations that own part of Company property.
Verification Information - information necessary to verify Client identity such as a passport or driver's license (or articles of association in case the Client is a legal unit).
Examples also include information received by the Company from public records, such as loan offices, information agencies and address bureaus or from other entities not affiliated with the Company.
The Anti-Money Laundering Policy requires the Company to collect information and take the necessary action to prevent transformation and legalization (laundering) of money gained from illegal activity. In certain cases the Company has the right to require a document disclosing the sources of money.
Information about subscriptions - information such as signals, alerts, news category and price subscriptions.
The above is not inclusive. The Company reserves the right to require other information from the Client in the case that it is necessary for complying to the regulations of existing legislation.
SHARING INFORMATION WITH THE COMPANY'S AFFILIATED PARTNERS
The Company may share Client personal information described above with its affiliates for business purposes, such as servicing the Client's accounts and informing him/her about new products and services, as permitted by applicable law.
The affiliate partners can access Client private information upon to the Company request and mandatory approval by the individual Client. Every access to personal information of Clients by the affiliate partner is recorded in a log, which is available for viewing by the Client. This log contain: time, the name of a partner and the type of information sought.
SHARING INFORMATION WITH THIRD PARTIES
The Company does not disclose the Client's personal information to third parties, except as described in this Privacy Policy. Third-party disclosures may include sharing such information with Non-Affiliated Partners of the Company that perform technical support services for Client accounts or facilitate Client deals with the Company, including those that provide professional, legal, or accounting advice to the Company.
Non-affiliated Partners that assist the Company in providing services to the Clients are required to maintain the confidentiality of such information to the extent that they receive it, and to use this personal information only in the course of providing such services, and only for the purposes that the Company dictates.
The Company may also disclose the Client's personal information to third parties to fulfill Client instructions or pursuant to the Client's express consent.
Company also informs its Clients that it shall never sell, place at interim disposal on a remuneration basis, distribute or disseminate the Client's Personal information under any circumstances.
