Preferred Capital Limited ("Preferred Capital," "we," or "our") is dedicated to safeguarding the privacy of our clients and other website visitors ("you" or "your") as well as creating technology that delivers you the most robust and secure online experience. The Preferred Capital website is subject to this Privacy Policy (the "Policy"), which regulates data gathering and use. You agree to the data practises outlined in this Policy by using the Preferred Capital website.
Collection of your Personal Information
Preferred Capital Limited is required to gather information and verify the identification of its clients in line with applicable anti-money laundering and counter-terrorism financing regulations and legislation. This information is referred to as Know Your Client (KYC) information. Specifically, the information we gather for KYC identification may comprise identity, contact information, a National Identifier, socio-demographic data, transactional, financial, contractual, and documentary data, among other things. Preferred Capital Limited's client identification and verification procedures will be carried out.
The client will be supplying personal information to Preferred Capital Limited group companies (collectively, the "Preferred Capital Limited Group") and its related entities by submitting an application form to open a live or demo account with Preferred Capital Limited. The Client recognises and agrees that by applying for and/or opening a live or demo Preferred Capital Limited account, they are willingly giving the Preferred Capital Limited Group and its connected organisations, such as Preferred Capital Limited Markets Limited, their consent. Any information about the client that can reasonably be used to determine the client's identity or that uniquely identifies the client is considered personal information.
Additionally, Preferred Capital Limited will keep track of all transactions and activities on the client's account(s), including but not limited to information on account liquidations. Preferred Capital Limited may also gather details about the Client from sources that are open to the public, such corporation registrations. The Client may request access to the data Preferred Capital Limited has on file for the Client at any time. Additionally, Preferred Capital Limited has the right to record phone calls between its employees and clients. These recordings—or extracts from them—may be utilised to settle any disagreements between the Client and Preferred Capital Limited as well as to fulfil Preferred Capital Limited's legal duties, including those imposed by regulators and other governmental organisations. When a client submits an online form, fills out another type of form, or uses Preferred Capital Limited's websites to run and trade on their account, Preferred Capital Limited will also gather and store information about that client.
Preferred Capital Limited may collect sensitive information about a Client if:
The collection is required or authorised by applicable laws or court/tribunal order;
Preferred Capital Limited reasonably believes that collection is necessary to lessen or prevent a serious threat to an individual's life, health, or safety, and it is unreasonable or impractical to obtain the clients' consent to the collection; the client has consented to the collection, and the information is reasonably necessary for Preferred Capital Limited's functions and activities;
Preferred Capital Limited has grounds to believe that severe misconduct or illegal action related to Preferred Capital Limited's roles or pursuits is being pursued or may be pursued;
Preferred Capital Limited considers the collecting to be reassuringly important in order to help with the search for a person who has been reported missing.
Preferred Capital Limited does not require the Client to provide any of the personal data about the Client that is sought on the application forms. However, Preferred Capital Limited might not be able to open an account for the Client or offer the Client any services if it doesn't have that information. Although Preferred Capital Limited makes every attempt to keep all information on Client correct, complete, and up to date, Client is required to promptly notify Preferred Capital Limited if your personal information changes. The client should get in touch with Preferred Capital Limited if they have any concerns or queries about their privacy. We occasionally may obtain personal information about you from other parties, but only after we have confirmed that these third parties are either legally entitled to share your personal information to us or have your agreement to do so. By curating content that is pertinent to the services we offer you or the subjects you are interested in, for example, we use the information we obtain from these third parties to improve the services we offer you.
We might automatically gather certain data from your device when you visit our website. These data may fall under the purview of applicable data protection regulations in some nations, notably those in the PRC and the European Economic Area (EEA).
Your IP address, device kind, unique device identifying numbers, browser type, general geographic location (such as country or city-level location), and other technical information are examples of the information we may automatically gather. We might also track the pages you've visited and links you've clicked on while using your device to access our website.
By gathering this data, we can learn more about the people who visit our website, where they are from, and what information they are interested in. We use this data to enhance the functionality and suitability of our website for users as well as for internal analytics purposes.
To better understand how other websites gather, utilise, and share your information, Preferred Capital Limited encourages you to study their privacy policies before choosing to link to them from ours. The privacy practises or other material of websites that are not part of the Preferred Capital Limited family are not the responsibility of Preferred Capital Limited.
In any situation, we make an effort to just gather and maintain the information required to give you the pertinent services.
Use of your Personal Information
For the purpose of running our website and providing the services you have requested, Preferred Capital Limited gathers and uses your personal information. Your personally identifiable information is also used by Preferred Capital Limited to let you know about additional goods and services that we, along with our affiliates, offer.
Preferred Capital Limited doesn't offer its client lists for sale, rent, or lease to outside parties. On occasion, Preferred Capital Limited might get in touch with you on behalf of outside business partners about a specific offer that might be of interest to you. In certain circumstances, the third party does not receive your specific personally identifiable information (e-mail, name, address, and phone number). Additionally, we might divulge information to dependable partners for commercial purposes, such as doing statistical research, sending you email or postal mail, or offering customer service, among other things. All such third parties are obligated to keep your information private and are not allowed to use it for any other purpose than to carry out these services for Preferred Capital Limited.
Without your express permission, Preferred Capital Limited will not use or share sensitive personal information like your race, religion, or political opinions.
In order to identify which Preferred Capital Limited services are the most popular, Preferred Capital Limited maintains track of the websites and pages that our clients visit. Customers whose behaviour suggests they are interested in a particular subject area are sent customised information and advertising inside Preferred Capital Limited.
Your personal information will only be disclosed by Preferred Capital Limited websites without your consent if required to do so by law or in the good faith belief that such action is necessary to: (a) conform to the requirements of the law or respond to legal process served on Preferred Capital Limited or the website; (b) protect and defend Preferred Capital Limited's rights or property; or (c) take urgent action to ensure the public or user safety.
Use of Cookies
"Cookies" are small text files that the Preferred Capital Limited website uses to enhance your online experience. A text file known as a cookie is stored on your computer's hard drive by a Web page server. Cookies can neither run programmes on your computer nor spread infections. Only a web server on the domain that issued the cookie to you can read cookies that have been specifically assigned to you.
The provision of a time-saving convenience function is one of the main goals of cookies. A cookie's function is to notify the web server that you have arrived at a particular page again. A cookie, for instance, helps Preferred Capital Limited remember your individual information over time if you personalise Preferred Capital Limited pages or register with the website or services. Your personal information, such as billing and shipping addresses, will be easier to record as a result. You may easily use the customised Preferred Capital Limited website features when you return to the same Preferred Capital Limited website since the data you previously gave can be recovered.
You can decide whether to accept or reject cookies. Although most Web browsers allow cookies by default, you can typically alter your browser's settings to prevent this if you prefer. You might not be able to fully enjoy the interactive aspects of the Preferred Capital Limited services or websites you visit if you opt to reject cookies.
Security of your Personal Information
Your personal information is protected by Preferred Capital Limited from unauthorised access, use, or disclosure. We protect the personally identifiable information you give us by keeping it on computer servers in a secure, monitored environment that cannot be accessed, used, or disclosed by unauthorised people. Using encryption, such as the Secure Socket Layer (SSL) protocol, we can protect the personal data we send to other websites (such as payment card numbers).
Changes to this Policy
Preferred Capital Limited will occasionally update this privacy statement to incorporate suggestions from the business and its clients. Preferred Capital Limited encourages you to review our Policy on a regular basis so that you are aware of how we are safeguarding your information.