Results 1 to 3 of 3

Thread: Security, privacy of forex trading

  1. #1
    pkc3000 is offline Member
    Join Date
    Oct 2009
    Location
    India
    Posts
    57
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Rep Power
    0

    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

  2. #2
    mneilson's Avatar
    mneilson is offline Expert Member
    Join Date
    Dec 2009
    Posts
    251
    Thanks
    0
    Thanked 1 Time in 1 Post
    Rep Power
    0

    Default

    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.

  3. #3
    richardm1964's Avatar
    richardm1964 is offline Expert Member
    Join Date
    Nov 2009
    Posts
    250
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Rep Power
    0

    Default

    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.

Similar Threads

  1. IBC for Forex Trading anyone knows how to go about it ?
    By rotaro in forum Offshore Company formation
    Replies: 9
    Last Post: 04-23-2012, 07:21 PM
  2. Replies: 5
    Last Post: 05-24-2010, 01:25 PM
  3. Stock Trading or Forex Trading?
    By greenline100 in forum Forex Trading & Day Trading & Stock Trading / Exchange
    Replies: 4
    Last Post: 02-04-2010, 09:34 AM
  4. Should we use Forex Trading Software to ensure profit in Forex Trading?
    By mneilson in forum Forex Trading & Day Trading & Stock Trading / Exchange
    Replies: 1
    Last Post: 12-16-2009, 05:18 PM
  5. Insider trading concept in Forex Trading
    By rkbehera1 in forum Forex Trading & Day Trading & Stock Trading / Exchange
    Replies: 0
    Last Post: 10-07-2009, 05:49 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Offshore Company Forum 2008 - 2012 (c) CCLOGIC Ltd