Privacy Policy

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Privacy Policy

Bprimes ,, 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 clients’ 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 clients’ 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 assesses 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: [email protected]

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.

Affiliates and 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 clients’ 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 Law, regulatory and other government authority. The Company may also disclose information as necessary to credit reporting or collection agencies as reasonably required in order providing the services to 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. 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 relevant legislation and in a manner similar to the way the Company protects the same. The Company will not share personal information with third parties which it considers will not provide its clients the required level of protection. In cases where clients have been introduced by a Business Introducer, such Business Introducer may have access to clients’ information. Hence, clients hereby consent to the sharing of information with such Business Introducer.


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 the third party regarding the confidential nature of the information.

Contact 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 financial market trading. 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 the receipt of such contact when they consent to our terms and conditions of use when registering with the Company. 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 [company’s website] links and has no control of the use or protection of information provided by the clients or collected by those sites. Whenever a client elects to link to a co-branded web site or to a linked web site, 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 [company’s website] web site. Cookies used by the Company do not contain personal information or other sensitive information. The Company may share web site usage statistics with reputable advertising companies and with its affiliated marketing companies. It is noted that the information collected by such advertising companies is not personally identifiable. To administer and improve the web site, the Company may use third parties to track and analyze usage and statistical volume information. The third party may use cookies to track behaviour and may set cookies on behalf of the Company. These cookies do not contain any personally

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 in the Company’s website. In this respect, 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.

h. Joint Accounts/beneficiaries: If an Account belongs to multiple users or to a corporation, company, partnership or any other corporate body, all beneficiaries or signatories will be required to approve a withdrawal.

Data Protection Policy

1. Introduction

Bprimes needs to collect and use certain types of information about the Individuals or Service Users who come into contact with, in order to carry on the work. This personal information must be collected and dealt appropriately, whether is collected on paper, stored in a computer database, or recorded on other material and there are safeguards to ensure this are under the Data Protection Law 138 (I) 2001.

With this policy we ensure that the company behaves in a fair and moral manner concerning the gathering, storing and handling of data. This process will be carried out with transparency and respect towards the rights of individuals who entrust it with their information.

This policy applies to all parties (employees, job candidates, customers, suppliers etc.) who provide any amount of information to the company. The policy will be followed by all employees of the company and its subsidiaries as well as contractors, consultants, partners and any other external entity. Generally, it refers to anyone who is in close collaboration with the company or acts on its behalf and may need occasional access to data.

2. Data Controller

Bprimes is the Data Controller under the Law, which means that it determines what purposes personal information held, will be used for. It is also responsible for notifying the Information Commissioner of the data it holds or is likely to hold, and the general purposes that this data will be used for.

3. Disclosure

Bprimes may share data with other agencies such as the local authority, funding bodies and other voluntary agencies.

The Individual/Service User will be made aware in most circumstances how and with whom their information will be shared.  There are circumstances where the law allows disclosing data (including sensitive data) without the data subject’s consent Article 6(2) of the Law. 

These are:

a. Carrying out a legal duty or as authorised by the Secretary of State

b. Protecting vital interests of an Individual/Service User or other person

c. The Individual/Service User has already made the information public

d. Conducting any legal proceedings, obtaining legal advice or defending any legal rights 

e. Monitoring for equal opportunities purposes – i.e. race, disability or religion

f. Providing a confidential service where the Individual/Service User’s consent cannot be obtained or where it is reasonable to proceed without consent: e.g. where we would wish to avoid forcing stressed or ill Individuals/Service Users to provide consent signatures.

Bprimes regards the lawful and correct treatment of personal information is very important to successful working to maintain the confidence of those with whom we deal. 

Bprimes intends to ensure that personal information is treated lawfully and correctly.

To this end, Bprimes will adhere to the Principles of Data Protection, as detailed in the Data Protection Law 138 (I) 2001.

Specifically, the Principles require that personal information:

a. Shall be processed fairly and lawfully and, in particular, shall not be processed unless specific conditions are met,

b. Shall be obtained only for one or more of the purposes specified in the Law, and shall not be processed in any manner incompatible with that purpose or those purposes,

c. Shall be adequate, relevant and not excessive in relation to those purpose(s)

d. Shall be accurate and, where necessary, kept up to date,

e. Shall not be kept for longer than is necessary

f. Shall be processed in accordance with the rights of data subjects under the Law,

g. Shall be kept secure by the Data Controller who takes appropriate technical and other measures to prevent unauthorized or unlawful processing or accidental loss or destruction of, or damage to, personal information,

h. Shall not be transferred to a country or territory outside the European Economic Area unless that country or territory ensures an adequate level of protection for the rights and freedoms of Individuals/Service Users in relation to the processing of personal information.

Bprimes will, through appropriate management and strict application of criteria and controls:

Observe fully conditions regarding the fair collection and use of information

Meet its legal obligations to specify the purposes for which information is used

Collect and process appropriate information, and only to the extent that it is needed to fulfill its operational needs or to comply with any legal requirements

Ensure the quality of information used

Ensure that the rights of people about whom information is held, can be fully exercised under the Law. These include:

The right to be informed that processing is being undertaken,

The right of access to one’s personal information

The right to prevent processing in certain circumstances and

The right to correct, rectify, block or erase information which is regarded as wrong information)

Take appropriate technical and organizational security measures to safeguard personal information

Ensure that personal information is not transferred abroad without suitable safeguards

Treat people justly and fairly whatever their age, religion, disability, gender, sexual orientation or ethnicity when dealing with requests for information

Set out clear procedures for responding to requests for information

4. Data collection

Informed consent is when:

An Individual/Service User clearly understands why their information is needed, who it will be shared with, the possible consequences of them agreeing or refusing the proposed use of the data

And then gives their consent.

Bprimes will ensure that data is collected within the boundaries defined in this policy. This applies to data that is collected in person, or by completing a form.

When collecting data, Bprimes will ensure that the Individual/Service User:

a. Clearly understands why the information is needed

b. Understands what it will be used for and what the consequences are should the Individual/Service User decide not to give consent to processing

c. As far as reasonably possible, grants explicit consent, either written or verbal for data to be processed

d. Is, as far as reasonably practicable, competent enough to give consent and has given so freely without any duress

e. Has received sufficient information on why their data is needed and how it will be used

5. Data Storage

Information and records relating to service users will be stored securely and will only be accessible to authorised staff and volunteers. Information will be stored for only as long as it is needed or required statute and will be disposed of appropriately.

It is Bprimes responsibility to ensure all personal and company data is non-recoverable from any computer system previously used within the organisation, which has been passed on/sold to a third party.

6. Data access and accuracy

All Individuals/Service Users have the right to access the information Bprimes holds about them. Bprimes will also take reasonable steps ensure that this information is kept up to date by asking data subjects whether there have been any changes.

In addition, Bprimes will ensure that:

It has a Data Protection Officer with specific responsibility for ensuring compliance with Data Protection

Everyone processing personal information understands that they are contractually responsible for following good data protection practice

Everyone processing personal information is appropriately trained to do so

Everyone processing personal information is appropriately supervised

Anybody wanting to make enquiries about handling personal information knows what to do

It deals promptly and courteously with any enquiries about handling personal information

It describes clearly how it handles personal information

It will regularly review and audit the ways it hold, manage and use personal information

It regularly assesses and evaluates its methods and performance in relation to handling personal information

All staff are aware that a breach of the rules and procedures identified in this policy may lead to disciplinary action being taken against them

This policy will be updated as necessary to reflect best practice in data management, security and control and to ensure compliance with any changes or amendments made to the Data Protection Law 138 (I) 2001.

Glossary of Terms

Data Controller – The person who (either alone or with others) decides what personal information the Company will hold and how it will be held or used.

Data Protection Law 138 (I) 2001 – The Cyprus legislation that provides a framework for responsible behaviour by those using personal information.

Data Protection Officer – The person(s) responsible for ensuring that the Company follows its data protection policy and complies with the Data Protection Law 138 (I) 2001.

Individual/Service User – The person whose personal information is being held or processed by the Company for example: a client, an employee, or supporter.

Explicit consent – is a freely given, specific and informed agreement by an Individual/Service User in the processing of personal information about her/him. Explicit consent is needed for processing sensitive data.

Information Commissioner – The Cyprus Information Commissioner responsible for implementing and overseeing the Data Protection Law 138 (I) 2001.

Processing – means collecting, amending, handling, storing or disclosing personal information.

Personal Information – Information about living individuals that enables them to be identified – e.g. name and address. It does not apply to information about organisations, companies and agencies but applies to named persons, such as individual volunteers or employees within (GROUP).

Sensitive data – refers to data about:

If you have any questions regarding our trading accounts or would like to discuss opening an account with someone from our customer support team, please contact us directly via email, live chat, or by telephone on +44 888-878 54.

NOTE:  Custom Accounts can be offered in some cases. For further details contact your Account Manager