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Privacy Policy for Clients

  • The data controller of your personal data is Match-Trade Technologies LLC based in 2372 Morse Avenue, Irvine, California 92614, United States, company no. 5298324 (hereinafter the “Data Controller”).
  • The data controller has appointed a Data Protection Officer (Mr. Krzysztof Teofilski). You can contact the Data Protection Officer by e-mail: legal@match-trade.com.
  • Your personal data will be processed for the purpose of concluding and performing the agreement executed with the Data Controller as well as fulfilling the Data Controller’s obligations resulting from the applicable law, in particular obligations arising from the counteracting money laundering and terrorism financing regulations. Your personal data will also be processed in order to implement the legitimate interests of the Data Controller, such as making necessary settlements and pursuing claims arising from the executed agreement, security, counteracting fraud and direct marketing of the Data Controller.
  • Data processing for purposes other than the above may take place: (i) based on obtaining additional consent, (ii) based on applicable law, or (iii) when it is consistent with the purpose for which the personal data were originally collected (Article 6 Section 4 of the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC, (hereinafter the “GDPR”).
  • The Data Controller nie sprzedaje Twoich danych do podmiotów trzecich.
  • Personal data that the Data Controller collects comes directly from you and are obtained via the website, the process of establishing a contractual relationship and during the duration of the contractual relationship in connection with the services provided (technological solutions provided, including through them).
  • Personal data collected via the website includes, in particular, name, surname, email, telephone number, country, company, IP address.
  • Personal data collected in connection with the services provided include in particular name, surname, email, telephone number, country, company, job position, PEP status, professional experience, education, date of birth, criminal record data, citizenship, financial data, trading data, ID number, date of issue and expiry date of the identity document, TIN, IP, geolocation.
  • The legal basis for the processing of your personal data is:
    • to the extent that data processing is necessary to perform the agreement and to take actions before its conclusion – Art. 6 Section 1 Letter b of the GDPR);
    • to the extent that data processing is necessary for the Data Controller to fulfill its legal obligations as an entity conducting virtual currency exchange and deposit services, in particular informing financial supervision authorities and financial information authorities about the services provided and transactions performed, verification and identification the Client’s identity and ongoing monitoring of economic relations – Art. 6 Section 1 Letter c of the GDPR;
    • to the extent that data processing is necessary to achieve the purposes arising from the legitimate interests of the Data Controller, such as making necessary settlements and pursuing claims arising from the concluded agreement, security, counteracting fraud or direct marketing of the Data Controller – Art. 6 Section 1 Letter f of the GDPR.
    • You have the right to access your personal data, the right to rectify and delete it, as well as the right to limit data processing. To the extent that processing is necessary to perform the agreement to which you are a party or to take action at your request before concluding it , you also have the right data transfer. If you believe that your data is processed contrary to legal requirements, you may lodge a complaint with the competent supervisory authority.
    • Providing personal data is voluntary, but necessary to conclude the agreement and use the Data Controller services. Failure to provide the personal data will result in refusal to conclude the agreement.
    • Your personal data may be transferred to the following categories of recipients: banks, payment institutions, virtual asset service providers, companies from the capital group to which the Data Controller belongs, postal operators, supervisory authorities, financial information authorities, , suppliers of tools and platform software used to handle transactions and financial operations performed in the course of the implementation of the agreement, as well as to send commercial information by electronic means of communication, legal advisors and entities providing servers and storing data.
    • In the case of transferring personal data to third countries, the Data Controller transfers them using mechanisms in accordance with applicable law, which include, among others EU Standard Contractual Clauses.
    • Your personal data will be stored for the duration of the agreement, as well as after its termination, for a period of 5 years, counting from the first day of the year following the year in which the economic relationship with the client ended or until the limitation period for claims arising from legal provisions expires. Data included in the results of assessments of economic relations will be processed for a period of 5 years, counting from the first day of the year following the year in which they were passed. The above data storage periods may be extended if required by the relevant supervisory authority. To the extent that data processing is based on the legitimate interest of the Data Controller, the personal data will be processed for the time necessary for its implementation (in particular until the limitation period for claims under applicable law), but no longer than until the objection is deemed justified by your particular situation, and if the legally justified interest is the Data Controller’s direct marketing – until you express your objection.
    • To the extent that personal data is processed for the Data Controller’s direct marketing purposes, you have the right to object to data processing, which does not require justification. If the processing is based on other legitimate interests of the Data Controller, exercising your right to object requires justification by your special situation.
    • You will not be subject to a decision that is based solely on automated processing, including profiling, and produces legal effects concerning you or similarly significantly affects you.

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  • Mobile trading takes over Forex industry

    Marketing Team

    Mobile trading takes over Forex industry

    Mobile trading takes over Forex industry

    It is well known that forex trading requires from investors not only skills but above all discipline and the ability to control emotions. Until recently, trading required to spend several hours in front of a computer each week to keep a decent level of trading performance. Fitting Forex trading around a busy schedule can be challenging, therefore more and more investors are looking for solutions that will allow them to perform trades “on the go”.

    Trading Forex from a smartphone has really taken off in the last few years. Match-Trade Technologies, a technology provider for Forex Brokers responsible for launching Match-Trader, a new trading platform has recently analysed the traffic on its clients’ trading platforms. The analysis revealed that over 75% of trades are executed on mobile platforms.

    This shows that mobile trading gave forex traders great freedom by increasing their control over investing their funds. Thanks to smartphones investors can trade from anywhere they want at any time.

    Brokers need to adapt to forex mobile trading

    According to recent reports, the number of active smartphone users in the world increased by 8% in the last year reaching the point of 3,6 billion. Which means that in just 12 months, there were 270 million new actively used smartphones around the world. But what does it mean for Forex Brokers?

    The growing number of clients using smartphones calls for a change in the brokers’ approach to trading apps. Today, it is no longer enough to offer such a possibility because customers expect the highest standards of usability from mobile applications. Most popular trading platform providers offer mobile versions of their platforms, but they are generic platforms without broker brand and name inside. It doesn’t bring too much value for the brokers if they cannot promote their brand on mobile devices. 

    It’s no secret that investors in the forex industry benefit from the volatility of markets. To make the most of every opportunity they need, they need constant control over investments and quick access to information. There is no better way to monitor this market volatility than using a smartphone that is always at hand. Universal Internet access allows traders to check prices in real-time and place orders and monitor trades literally anywhere they are.

    Accessibility is the key to successful mobile trading

    According to statista.com, almost 52% of web page views worldwide are performed on mobile devices (excluding tablets). And this percentage reaches up to 62% of webpage views via mobile generated in Asia. Moreover, on average 81% of the time spent online globally take place while using mobile devices with 91% of “mobile minutes” spent last year in India and Indonesia equally.

    Internal research performed by one of the global brokers showed that there was an increase in mobile usage of their trading platform during the ‘commuting hours’ which indicates that people are checking in on the markets and their accounts while going to and coming from work.

    PWA – modern technology designed for mobile trading

    The average specifications of devices in developing countries differ from the specifications in more developed markets such as the USA and China. Therefore, a universal approach to application development is a must. For this reason, developers are increasingly using PWA (Progressive web app) technology to build applications. Thanks to this modern technology, the trading platform such as Match-Trader, does not require creating separate applications for mobile and desktop devices. And since it is, in fact, a single all-in-one application, all of the user’s settings and activities are synchronized and visible regardless of the device used to enter a trading account. Moreover, such a platform (app) is launched straight from an icon on the home screen of a chosen device and it doesn’t take any storage. This solution is especially convenient for users of less advanced smartphones requiring “lite versions” of apps thus it provides the very best performance.

    One of the most important features of PWA technology is the ability to create apps with client own branding, without any dependencies on Google or Apple store. The branded app can be delivered to the broker within one day and all updates will happen automatically across all devices and systems. The client will enjoy always the same trading experience while using the web, desktop or mobile app whether his device runs on Android or iOS.  

    The forex mobile trading won’t stop growing

    Although at the moment it looks like the global sales of smartphones have reached saturation and the activity of their users maintains a high though stable level, analysts predict another large increase in smartphone users with the advent of 5G technology, which will probably give a big boost for forex mobile trading and may cause greater migration of traders to mobile devices. It looks like we might have reached the point where a major factor of a client choosing one broker over another will be the mobile trading platform. Although many brokers have loyal customers, the very nature of the forex market will encourage traders to swap brokers to get better services and rates.

    Therefore, every Forex Broker who wants to stay in the game must provide their clients with solutions that will allow them not only effectively execute trades on mobile devices but will also allow for efficient account management on the trading platform. For people who are just planning to start their own forex brokerage, it is obvious that the key aspect of choosing technology in the meaning of a trading platform will be finding an all-in-one trading system designed for mobile trading.

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