Privacy Policy
This privacy policy of the website (hereinafter the “Privacy Policy”) was prepared by FX-EDGE V Ltd
based in 1276, Govant Bulding, Kumul Highway, Port Vila, Vanuatu, company no. 700604 (hereinafter
referred to as “Data Controller”) as fulfillment of the obligation specified in Art. 13 Section 1 and 2 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 “).
1. Who is responsible for your personal data?
The Data Controller of your personal data is FX-EDGE V Ltd based in 1276, Govant Bulding,
Kumul Highway, Port Vila, Vanuatu, company no. 700604.
2. How to contact the Data Controller?
A Data Protection Officer has been appointed by the Data Controller. In matters regarding the
processing of personal data by the Data Controller, you can contact via the following e-mail
address: kteofilski@fx-edge.com.
3. Data security
In connection with the conducted business activity, the Data Controller collects and processes
personal data in accordance with the relevant provisions, including in particular the GDPR, the
POPIA, the DPB and the principles of data processing contained therein.
The Data Controller ensures transparency of data processing, informs them about data
processing and ensures that data is collected only to the extent necessary for the purpose
indicated and is processed only for the period in which it is necessary.
In order to ensure data integrity and confidentiality, the Data Controller has implemented
procedures enabling access to personal data only to authorized people and only to the extent
that it is necessary for their tasks.
The Data Controller takes all necessary actions so that its subcontractors and other
cooperating entities guarantee the use of appropriate security measures whenever they
process personal data at the request of the Data Controller.
4. Use of the website
When you use the Data Controllers website, standard information is downloaded, such as the
IP address, type of search engine, language, access time and address of the page from which
the User was redirected. These data can be collected by cookies and analytical tools.
In the event of contact from your site via the telephone numbers, e-mail addresses or
complaint form, data related to the means of communication chosen by you and data provided
during communication are also processed, if it is necessary to resolve the reported matter.
5. What are „cookies”?
Personalization and efficiency of services provided by the Data Controller requires saving and
storing information on how you use the website. The Data Controller does this by using small
text files called „cookies”. Cookies contain little information and are saved on the User’s
computer or other terminal device by the server operating the website. Then the web browser
sends them back to the website each time a given User uses it, thanks to which the server
remembers your preferences.
The Data Controller informs that disabling cookies in the browser used by the User may cause
difficulties or inaction of some functions of the website.
As part of the Data Controller website, two types of cookies are generally used:
a) session cookies – temporary files that are stored on the User’s end device until logging out,
leaving the website or turning off the software (web browser);
b) permanent cookies – files stored on the User’s end device for the time specified in the
cookie file parameters or until they are deleted by the User.
Due to functionality, the Data Controller divides cookies into three following groups:
a) necessary – files of key importance enabling Users to navigate the website and use its
functions, such as access to secure areas and to ensure security;
b) performance – files collecting information about how Users use the website, which parts
of the website you visit most often, and whether you receive error messages from
websites. The data collected by these cookies are anonymous and only serve to improve
the functioning of the website;
c) functional – files recording the choices made by Users, these files can also be used to
remember changes made by the User, e.g. changes in the size and font of the text.
6. Purposes and basis for data processing
Cookies are used to:
a) adapting the content of the Data Controller website to the User’s preferences and
optimizing its use; in particular, these files allow to recognize the User’s device and
properly display the website tailored to your individual needs;
b) creating statistics that help understand how Users use the website, which allows improving
their structure and content;
c) maintaining the User’s session (after logging in), thanks to which you do not have to re-
enter your login and password;
d) enabling interaction with social networks (e.g. publishing posts directly from the website).
The legal basis for processing in this case is the Data Controller legitimate interest consisting
in ensuring a higher quality of services.
Contact via email addresses or traditional mail:
In the case of sending to the Data Controller via e-mail or traditional correspondence not
related to the agreement concluded with the Data Controller, personal data contained in this
correspondence are processed solely for the purpose of communication and resolution of the
matter to which the correspondence relates.
The legal basis for processing is the Data Controller’s legitimate interest consisting in
conducting correspondence addressed to the Data Controller in connection with business
operations. The Data Controller processes only personal data relevant to the case to which
correspondence relates. All correspondence is stored in a manner that ensures the security of
personal data contained therein (and other information) and disclosed only to authorized
persons.
Telephone contact:
In the event of contacting the Data Controller by phone, in matters not related to the
concluded agreement, the Data Controller may request personal data only if it is necessary to
handle the case to which the contact relates. In such a case, the legal basis is the Data
Controller’s legitimate interest consisting in the need to resolve the reported case related to
the business activity conducted by the Data Controller.
Data collection as part of business contacts:
In connection with the conducted activity, the Data Controller collects personal data also in
other cases (e.g. during business meetings or by exchanging business cards) for purposes
related to initiating and maintaining business contacts. The legal basis for processing in this
case is the legitimate interest of the Data Controller consisting in creating a network of
contacts in connection with the conducted activity.
Personal data collected in such cases are processed only for the purpose for which they were
collected, and the Data Controller ensures their appropriate protection.
7. Providing data
The Data Controller website uses cookies in accordance with the User’s individual settings of
the browser installed on the end device that you use. Using the Data Controller website
without changing the browser cookie settings means confirming that you have read this
Privacy Policy and accept cookies.
If you do not accept cookies, you can change your settings or disable cookies at any time in
your browser.
The Data Controller informs that changing the configuration of the web browser, which
prevents or limits the storage of cookies on the User’s end device may result in functional
limitations of the services provided. Deleting cookies while providing the service may lead to
similar effects.
The following links provide information on how to delete cookies in the most popular web
browsers:
Firefox – https://support.mozilla.org/en-US/kb/clear-cookies-and-site-data-firefox
Opera – http://help.opera.com/Linux/9.60/en/cookies.html
Internet Explorer – http://support.microsoft.com/kb/278835/en
Chrome – http://support.google.com/chrome/bin/answer.py?hl=en&answer=95647
Safari – http://support.apple.com/kb/HT1677?viewlocale=en_US
Due to the many technological solutions, it is not possible to provide precise guidelines on how
to specify the conditions for storing or accessing cookies using the settings of all available
telecommunications terminal equipment and software installed on this device.
8. Users’ rights
The Data Controller informs that in connection with the processing of personal data you have
the following rights:
a) the right to information about the processing of personal data – on this basis, the Data
Controller provides you with a request for information on data processing, including primarily
the purposes and legal grounds for processing, the scope of data held, entities to which it is
disclosed, and the planned date of deletion data;
b) the right to obtain a copy of the data – on this basis, the Data Controller provides you with a
copy of the data processed in the event of a request;
c) the right to rectification – the Data Controller is obliged to remove any incompatibilities or
errors of personal data being processed and supplement them if they are incomplete;
d) the right to delete data – on this basis, you can request the deletion of data the processing of
which is no longer necessary to achieve any of the purposes for which it was collected;
e) the right to limit processing – in the event of such a request, the Data Controller ceases to
perform operations on personal data until the reasons for the restriction of data processing
cease (e.g. a decision of the supervisory authority allowing further processing of data is issued);
f) the right to transfer data – on this basis – to the extent that the data is processed in an
automated manner in connection with the concluded agreement or consent – the Data
Controller issues the data provided by you in a format that allows data to be read by a
computer. It is also possible to request that the data be sent to another entity, however,
provided that there are technical possibilities in this respect both on the part of the Data
Controller and the indicated entity;
g) the right to object to the processing of data for marketing purposes – you can object to the
processing of personal data for marketing purposes, without giving any reason;
h) the right to object to other purposes of data processing – you can at any time oppose – for
reasons related to your particular situation – the processing of personal data that is based on
the legitimate interest of the Data Controller (e.g. for analytical or statistical purposes),
objection in this respect it should contain a justification;
i) the right to withdraw consent – if the data are processed on the basis of consent, you have the
right to withdraw it at any time, which, however, does not affect the lawfulness of the
processing carried out before its withdrawal;
j) the right to complain – if you find that the processing of personal data violates the provisions
of the applicable law or other provisions regarding the protection of personal data, you can
submit a complaint to the body supervising the processing of personal data competent for
your habitual residence, place of work or place of committing alleged violation.
9. Data processing period
The period of data processing by the Data Controller depends on the type of service provided
and the purpose of processing. The period of data processing may also result from provisions
when they constitute the basis for processing. In the case of data processing on the basis of
the Data Controller’s legitimate interest, the data is processed for a period enabling the
implementation of this interest or to object effectively to data processing. If the processing is
based on consent, the data is processed until its withdrawal. When the basis for processing is
necessary to conclude and perform the agreement, the data is processed until its termination.
The period of data processing may be extended if the processing is necessary to establish or
assert claims or defend against claims, and after that period – only if and to the extent required
by law. After the end of the processing period, the data is irreversibly deleted or anonymized.
10. Recipients and transfer of data outside the country
In connection with conducting operations that require the processing of personal data,
personal data may be disclosed to external entities, including in particular suppliers
responsible for operating IT systems and analytical tools, entities providing accounting
services, postal operators, marketing agencies, legal advisers.
The Data Controller reserves the right to disclose selected information about you to the
competent authorities or third parties who submit a request for such information, based on
an appropriate legal basis and in accordance with applicable law.
The Data Controller transfers personal data outside the country only when necessary and with
an adequate level of protection.
11. Automated decision-making
The Data controller will not apply 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.