Privacy Policy

Your personal data and assets are our highest priority. We are fully committed to safeguarding them.

Magnum Finspirex collects and stores data necessary for your trading activities. How we collect and store this data is outlined in the Privacy Policy below.

These principles form the foundation of our policy:

• We aim to provide full transparency about how we collect and store your personal data:

Our goal is to help you understand how we collect and process data so you can make informed decisions. We maintain clear guidelines and processes for handling data on this website. Our policy outlines the methods we use so you have clear, concrete information about how it is used. You are in the driver's seat.

We will provide timely updates whenever we determine you should be notified. Transparency is central to our approach.

Our trained staff are always available to answer any questions about our processes, including our obligations under Singapore law. You can contact us at info@magnum-finspirex.com

• We do not use personal data for any purpose beyond what is set out in our Privacy Policy.

We may process personal data for the following purposes, including ensuring the proper functioning of Magnum Finspirex services and connecting trader-members with third-party trading platforms. We may also process data to maintain and enhance website functions and services, protect our rights, and comply with regulatory or other legal obligations. Finally, we process data as needed to provide administrative and other business functions related to the Services provided to you, the client.

To deliver better services tailored to your preferences and needs, Magnum Finspirex uses personal data.

• To enable you to use essential tools to protect your personal data and safeguard your rights in this regard:

At any time, you may contact us to access all personal data we hold about you. We can also update or delete it as needed. We can further facilitate requests to transfer that data to you or to a nominated third party. We provide these services to help you better exercise your rights to privacy and control.

• Safeguard your personal data:

We use top-tier, bank-grade security measures. While no system can offer a 100% guarantee, we are committed to continuously enhancing our defences and strengthening the protections we have in place.

We maintain a detailed, comprehensive privacy policy and the highest-level security systems.

1. The Scope?

This policy sets out our procedures for collecting, processing, and sharing any and all data relating to a natural person.

Our policy applies to all natural persons who are identifiable or already identified. This includes any individual who can be, or has been, identified through personal data entrusted to us, or personal data in our possession or control that we may access, process, and/or combine.

Data processing, as defined in the Privacy Policy, specifically refers to the storage, management, and organisation of personal data.

We do not collect, or seek to collect, any information about individuals under 18. We also do not permit anyone under 18 to use our platform for any purpose. If we discover a user or any data relating to someone under 18, we will delete that information immediately.

2. What personal data do we retain?

When you register with us, we collect the personal data needed to enable your use of our services. Where required, we may also request personal data to verify account ownership, for instance. To maintain and enhance service quality, we collect and analyse data on your use of our platform and those of our third-party partners.

3. You are under no obligation to provide the company with your personal data.

While you are not obligated to provide your personal data, choosing not to do so may limit our ability to deliver certain services. It may also result in restrictions on your access to and use of our platform.

4. What personal data do we collect? When you visit our website, we may collect the following personal data:

We do not collect information that can identify you personally. We do, however, collect details such as your account activity, users’ IP addresses, and the date and time of access. For maintenance, security, and support, we retain system crash reports, browser information, and the device type used to access your account. We also record the language set for your account.

Regarding personal data collection, we only collect and retain the information you consent to provide when you use our service to connect with a third-party trading platform.

The personal data you have provided to third-party platforms may include the following: full name, address, telephone number, and email address.

5. Why does the company need my personal data, and is it lawful for the company to collect and use it?

We collect, store, and process your personal data solely for the purposes set out in this Policy. All such uses and processing comply with applicable laws in Singapore.

The company may not handle, process, or transmit your data except in compliance with applicable laws in Singapore. The legal bases for this are set out below:

• You agree to the company storing and processing your personal data. By submitting your information to the company, you authorise us to transfer it to the appropriate third-party trading platform. You have also consented to the processing of your personal data for one or more purposes.
• To improve its services, establish or defend legal claims, and pursue legitimate interests, among other purposes, the company may be required to store and process your personal data.
• Data processing is necessary to comply with legal obligations.

If you would like to learn more about the data processing the company is required to perform, please contact us by email.

Below is a list of the specific purposes for which we may collect, use, or disclose your personal data, along with the applicable legal basis.

6. Disclosure of Personal Data to Third Parties

For the purposes of storing and processing IP addresses, conducting user surveys and analytics, and providing other related services, the company may share anonymised personal data with third-party service providers.

At your request, we may share specific personal data that you provide with third-party services. In such cases, the use of your data will be governed by the privacy policies of those companies. This may include multiple digital trading platforms.

To better serve our clients and enhance overall service quality, the company may share personal data with its affiliates and partner organisations.

As required by law, or to protect the company's rights and assets and those of our third-party partners, we may disclose data to relevant legal or regulatory authorities.

In the event of a significant business transaction—such as the sale of the company, an investment, or a loan—relevant data may be shared in a lawful and appropriate manner. This also applies in the case of any merger, restructuring, consolidation, or bankruptcy, in accordance with applicable law.

7. Use of Cookies and Third-Party Services

For site analytics and in collaboration with advertising partners, we may use cookies and similar technologies, in accordance with applicable laws and industry best practices.

Cookies—small data files stored on your device when you visit a website—help us collect information about your browsing behaviour and preferences. Their purpose is to personalise and enhance your experience by remembering your settings and preferences, and tailoring our service offerings accordingly. We also use cookies for site analytics and to compile statistics that support strategic planning.

Broadly speaking, this site uses two types of cookies. Session cookies are stored only for the duration of your visit and are deleted when you close your browser. The others are persistent cookies, which remain in your browser even after your session ends. These help the site recognise you when you return and streamline your experience on the site.

Types of cookies:

Cookies may be used where necessary, in line with their intended purpose:

Cookies are disabled or have been cleared

If you wish to delete or block cookies, please do so via your browser settings. Follow the links below for step-by-step guidance on how to manage this in the most widely used browsers.

• firefox
• Microsoft Edge
• Google Chrome
• safari

Blocking cookies will prevent some site functions and features from working as intended.

ONLINE TRACKING NOTICE

Your personal data will be retained for as long as necessary to perform the operations described elsewhere in this policy. It may be kept longer to comply with applicable local laws, regulations, and company policies.

Your personal data will be shared, only at your request and at your discretion, with third-party trading platforms for 12 months. When that 12-month period expires, and with your consent, your data will be shared for a further 12 months.

Our operations include regular reviews of all personal data to determine whether it remains necessary for our purposes.

9. Transfers of personal data to third countries or international organizations

Where necessary for service delivery and/or security purposes, personal data may, from time to time, be transferred to third countries (a country other than your own) and international organizations under comprehensive security protocols. We apply the highest available data security standards to safeguard your data and ensure you have access to legal remedies and rights in all circumstances.

In the EEA (European Economic Area), all residents are protected by data protection laws and safeguards.

• All data transfers are carried out under the EU’s legal jurisdiction and competence, in accordance with the data protection requirements set out in Article 45(3) of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 (“GDPR”)
• All data transfers between public entities or authorities take place in accordance with Article 46(2). This is a legally binding and enforceable agreement.
• The European Commission’s Standard Contractual Clauses, pursuant to Article 46(2)(c) of the GDPR, define the conditions for data transfers, which are carried out in accordance with them. The Clauses are available at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.

For details on the specific security measures the company uses to safeguard your personal data during cross-border transfers, please email your request to info@wealthwaydigital.uk

10. Protection of Personal Data

We safeguard personal data using the highest level of technical and organisational measures, adhering to industry best practices. These controls help prevent unlawful or accidental destruction, loss, or alteration of data, and significantly reduce the risk of any related incidents.

While we apply the highest standards of care and industry-leading procedures for data protection, in accordance with applicable law, it is not possible to guarantee in all circumstances that your personal data will remain completely error-free. Accordingly, we cannot be held responsible in any instance where personal data is disclosed, or suffers loss or damage of an incidental, intangible, or consequential nature. This includes situations beyond our control, such as disclosures arising from transmission errors, unauthorised third-party access, system failures, or other causes of a similar nature.

In response to legally binding requests from regulators or legal bodies, we may be required to share your personal data with these authorities. Once we disclose data under a legal obligation, we cannot control how those bodies handle, store or protect your data.

Information transmitted over the internet, including personal information, carries a risk of interception and is not completely secure. The Company cannot guarantee the security of any data transmitted online.

11. Links to third-party websites

On this site, you may encounter links to third-party applications and websites. Please note that these are not our affiliates and are not under our control, and our Privacy Policy does not apply to them. They maintain their own procedures and priorities for collecting and processing personal data, and we are not responsible for such activities. Use at your own discretion.

Always review the privacy policy of any company or service when you visit their website, before sharing any personal data. Ensure their data collection, use, and processing practices align with your preferences and priorities. Any data you choose to share should be provided directly to the service provider.

12. Policy Amendments

We may update or amend our policy at any time. We will notify you of changes via our website and other appropriate channels. The updated privacy policy will be posted on the website and will take effect immediately upon publication, unless stated otherwise.

13. Your Personal Data Rights

You retain full control and final authority over how all personal data is used, including the right to verify its accuracy, correct any errors, and choose to delete or restrict the scope and nature of any processing we undertake.

On this page, EEA residents will find information relevant to them:

Your personal data is protected by the rights described herein. By sending an email to the address below, you may immediately exercise those rights.

Accessing Your Rights

If the personal data you have provided to us is accurate, you may access it at any time. Any of your personal data we process is accessible and therefore verifiable.

You may request your personal data for verification at any time, and it will be provided in electronic format. If you require additional copies of the data we process, beyond the initial copy provided to you, a reasonable fee may be charged.

Rights granted by law and under the Privacy Policy must not infringe the rights of others. The company reserves the right to refuse or restrict access to personal data if providing it would compromise the rights and freedoms of others.

Right to Rectify Inaccuracies

Any errors in your personal data, whether due to omissions or inaccuracies, may be corrected by you or by the Company to ensure it can be processed properly.

Erasure Rights

You have the right to request deletion of your personal data under the following circumstances: 1) if it has been processed without your consent or beyond legal limits; 2) if you ask for its removal and the Company has no legal obligation to retain it; 3) if you no longer consent to any processing by us, even where lawful and based on our or a third party’s legitimate interests; and 4) if we are legally required to delete your data.

The right to deletion is overridden and superseded by legal obligations under EU law or any Member State’s laws. Likewise, this applies where data is required for the exercise of or defence against legal claims.

Right to Restrict Data Processing

You are entitled to request a restriction on the processing of your personal data if you believe it contains inaccuracies.

Upon your request to restrict the processing of your personal data, it will be deleted except in the following cases: 1) where laws of the European Union or any Member State require otherwise. 2) With your consent, when necessary to establish, exercise, or defend legal claims. 3) To protect the rights of another natural person.

Data Portability Rights

You have the right to access and review any personal data you have provided, if you have consented in any manner to its collection and it is processed by automated systems.

You have the right to request the transfer of any or all of your personal data to another company or organisation, where technically feasible. This does not affect your right to have your data deleted. This right does not apply where its exercise would infringe the rights or freedoms of another individual.

Right to object to data processing

While the Company may rely on its legitimate interests, or those of a third-party service provider, you have the right to object to processing and request that it stop. This right does not apply where there is a compelling legal basis under applicable law to continue processing, such as to establish, exercise, or defend legal claims. In such circumstances, we may continue processing your personal data.

You may at any time request that your personal data not be processed for any direct marketing purposes.

Right to Decline or Withdraw Consent

At any time, and with immediate effect where possible, you have the right to withdraw your consent to our processing of your personal data. This will not apply retroactively to any processing undertaken before you withdrew consent.

If you are dissatisfied for any reason, you may lodge a complaint with any legal, regulatory, or other supervisory authority.

If you believe your rights and freedoms have been violated in relation to the processing of your personal data, European Union Member States have designated regulatory and supervisory authorities for this purpose. You may file a complaint with these authorities at your discretion.

Section 13 outlines the circumstances under which your personal data rights may be limited by the laws of the European Union or by Member State laws.

Upon receiving your request concerning your personal data and its processing, we will provide access to the information you have requested, as outlined in Section 13 of this policy. We may extend this timeframe by up to two months, depending on the volume and complexity of requests. If an extension is required, we will notify you of the revised deadline within one month of receiving your request.

Requested information will be provided to you electronically at no charge, unless doing so conflicts with the law or the provisions of Section 13. We reserve the right to impose a reasonable fee or decline a request if it is considered frivolous, excessive, or repetitive.

We may request additional proof of identity if we have reasonable doubts about the identity of the individual submitting a personal data request, to protect personal data and ensure security.