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Thread: Security, privacy of forex trading

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    pkc3000 is offline Member pkc3000 is an unknown quantity at this point
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    Default Security, privacy of forex trading

    Forex trading must respects the privacy and the integrity of any information which customer provide. Though all the sites are hyperlink connection other other websites it is not possible to govern the privacy practices on the other websites. Hence before using review of privacy policy is essential. Whenever any one is registered for FX trading the company collect Personal information for business purpose such as customer names, address, contact information etc in the transaction process for e.g. it may include trading account balance, trading account activity, client inquires and client services. There must be security technology i.e. SSL or encryption technology to protect certain information which some one has submitted. In addition to the above few companies collect non-personality identifiable information. Personal information should not be disclosed to third parties except as mentioned in the policy

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    mneilson is offline Expert Member mneilson is an unknown quantity at this point
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    I think your concerns are legitimate on data privacy that are being provided by the customers to the forex trading websites. As you have written above, the trading balance maintained by the customer may be transferred to his/ her Bank account at any moment, so there is no privacy risk on this point. Personal informations are not shared by any trading sites.

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    richardm1964 is offline Expert Member richardm1964 is an unknown quantity at this point
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    Hi pkc3000,
    I am not clear about your focus of the above post published by you. I think the same is about privacy and data secrecy of an online forex trader. It is obvious that all forex sites should be careful in keeping all the private data intact with themselves.

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