Privacy Policy (Client)
1. The data controller of your personal data is FX-EDGE V Ltd based in 1276, Govant Building,
Kumul Highway, Port Vila, Vanuatu, company no. 700604 (hereinafter the “Data Controller”).
2. The data controller has appointed a Data Protection Officer. You can contact the Data
Protection Officer by e-mail: kteofilski@fx-edge.com.
3. 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 status of an entity conducting virtual currency exchange and
deposit services, in particular obligations arising from the counteracting money laundering and
terrorism financing applicable law. 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.
4. 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.
5. The legal basis for the processing of your personal data is:
a) to the extent that data processing is necessary to perform the agreement and to take
actions before its conclusion;
b) 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;
c) 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.
6. 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.
7. 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.
8. 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.
9. In the case of transferring personal data to third countries, the Data Controller transfers them
using mechanisms in accordance with applicable law.
10. 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.
11. 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.
12. 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.
No Investment Services Disclaimer
Damas Funded and/or FX-EDGE V Ltd (as part of these services) does not provide any investment services, brokerage services, portfolio management, execution of client orders, custody of funds or assets, or investment advice. The services offered are limited to proprietary evaluation, assessment and simulated trading programs based on demo accounts only.
Risk Disclosure
Trading strategies and methodologies assessed through the Services involve a high degree of risk and may not be suitable for all individuals. Participation in the Services does not involve the investment of your own capital; however, trading in real market conditions involves substantial risk. Past or simulated performance is not indicative of future results.
Relationship and Service Providers
All challenge and assessment programs available on this website are offered and operated by FX-EDGE V Ltd. Certain branding, marketing, community and customer-facing activities may be carried out under the trade name Damas Funded , acting as a commercial brand or partner of FX-EDGE V Ltd. FXEDGE V Ltd is the sole provider of the program framework, trading environment, execution, risk management systems and account infrastructure. Any access to simulated or funded accounts is governed exclusively by the terms and conditions issued by FX-EDGE V Ltd.
Fees and Refund Policy
Participation in challenge or assessment programs requires payment of a one-time fee. Fees are charged for access to the evaluation service and are generally non-refundable once access has been granted, except where a refund is required under applicable mandatory consumer protection laws. By purchasing a challenge, you acknowledge that you are paying for access to an evaluation service and not for any guarantee of success, funding, compensation or future participation in funded programs.