Privacy Policy

1. Privacy Clause:

Protecting the privacy and security of our customers and website visitors is a fundamental responsibility of Codart Capital LTD. Licensed as an International Business Company (IBC), Codart Capital is committed to ensuring that all personal and financial information always remains secure. This privacy policy outlines the measures Codart Capital takes to collect, use, and safeguard user information. By opening an account or using the Codart Capital website, you consent to the collection and use of personal information in accordance with this policy. Codart Capital maintains high standards of privacy and cybersecurity to foster trust and confidence in its services.

2. Personal Information Collection:

We obtain your personal information directly from you or indirectly through your relationship with us. The relevant information we collect will be used as noted below:

  • Confirm your identity
  • Confirm your contact information
  • Open your trading account
  • Set up your trading account and password

The above-mentioned and/or any other necessary information we collect will allow Codart Capital to provide you with the services and give you access to a personalized browsing experience, market products, services, offers, and other information that might be of interest to you.

Most of the information we collect directly and/or indirectly from you will include:

  • Name
  • Address
  • Email address
  • Phone number
  • Date of Birth
  • Any other contact information

All the information and/or identification information collected is necessary for Codart Capital to provide you with the best possible experience and to comply with relevant laws, rules, and regulations. We also collect personal background information when you open an account, including gender, date of birth, and employment status. Our regulators also require us to evaluate your trading experience, annual gross income, gross net worth, and affordable venture capital to assess your financial situation.

Any data and information provided to us are necessary for the opening of your account and to establish our business relationship.

We also collect your IP address, browser type, operating system, network provider, server clock, and transaction record. If you close an account, we will retain your information but will only use it in compliance with regulatory requirements, as well as to contact you and provide the opportunity to re-open the account or participate in promotional activities.

3. Sharing Personal Information with Affiliates and Partners:

Codart Capital does not sell, license, lease, or disclose your personal information to affiliates, partners, or third parties without a valid reason. However, certain circumstances may require sharing your data, such as when it is essential for providing the requested products or services. For example:

  • If your personal information is required to provide the product or service you requested, or to provide the product or service through our affiliates.
  • To improve the quality of our services, we may engage other companies to handle certain internal functions, such as account processing, execution, customer service, satisfaction surveys, or other data collection related to our business.
  • Codart Capital reserves the right to provide your personal information to third parties when required by law or to provide relevant information to regulators, law enforcement agencies, or other government authorities.

When you choose to engage with third-party services or advertisements via our platform, your personal information shared with those entities is no longer governed by this privacy policy. Codart Capital encourages you to review the privacy policies of such third parties before sharing any personal data. While we are not responsible for the actions or policies of external entities, we remain committed to safeguarding the data under our control.

4. Security of Personal Information:

Codart Capital employs advanced network security technologies, systems, and protocols to ensure a secure trading environment for all users. Your personal, financial, and trading data are protected using encryption technologies and authentication measures. Upon account creation, you will receive a unique account number, username, and password. It is your responsibility to maintain the confidentiality of this information. Codart Capital strongly advises against sharing your credentials with others to prevent unauthorized access.

Our website incorporates state-of-the-art encryption and e-business certification technologies to protect the integrity of online transactions and account applications. We continually monitor and update our security protocols to address emerging threats, ensuring that your information remains safe from potential breaches.

5. Storage of Personal Information and Retention Period:

Codart Capital retains your personal information for as long as necessary to fulfil the purposes for which it was collected, including maintaining business relationships and complying with legal and regulatory requirements. After our relationship with you has ended, we continue to retain your information for a defined period to:

  • Maintain business records for analysis and/or audit purposes
  • Meet our regulatory requirements
  • Comply with record retention requirements under applicable law
  • Defend or pursue any existing or potential legal claims
  • Address any complaints regarding the services

In cases where technical limitations prevent the complete deletion of data, Codart Capital implements robust measures to prevent further processing or misuse of the retained information. This approach ensures compliance with data protection standards while safeguarding your privacy.

6. Privacy Policy Changes and Exits:

Codart Capital reserves the right to update this privacy policy to reflect changes in regulatory requirements, market conditions, or operational needs. When updates are made, the revised policy will be posted on our website, and your continued use of our services will be deemed acceptance of the changes. For transparency, we recommend that you periodically review this policy to stay informed about our privacy practices.

If you wish to opt out of specific data-sharing practices with non-affiliated third parties, you may notify us through the provided contact channels. Each account requires a separate opt-out request. Codart Capital is committed to addressing any privacy concerns promptly and effectively.

7. Legal Disclaimer:

Codart Capital may disclose your personal information when required by law or when we believe such disclosure is necessary to protect our rights, comply with legal proceedings, or fulfil obligations to regulatory authorities. While we take extensive measures to safeguard your data, we are not liable for unauthorized use or breaches beyond our control. You are responsible for securing your account credentials and immediately reporting any suspicious activity. Codart Capital remains dedicated to upholding the integrity and security of your personal information.