Magnate Capital

Privacy Policy

Effective Date: 12th June 2025

Last Updated: 12th June 2025

Welcome to Global Magnate Capital Ltd. (“Company”, “we”, “our”, or “us”). Global Magnate Capital Ltd. is a legally registered entity operating under the laws of Saint Lucia. Our commitment is to maintain the confidentiality, privacy, and security of your personal information in accordance with applicable legal and regulatory frameworks.

This Privacy Policy outlines how we collect, use, disclose, and safeguard your personal data when you interact with our website at https://magnatefx.com or use any of our related services, tools, or platforms (collectively, the “Services”).

Although headquartered in Saint Lucia, we adhere to internationally recognized data privacy standards, including the General Data Protection Regulation (GDPR) and other global privacy regulations applicable to our users.

1. Data Controller and Contact Information

Company Name: Global Magnate Capital Ltd.
Company Registration Number: 2025-00329
Registered Address: Foster Capital Inc., Robin Kelton Building, Choc Bay, Castries, Saint Lucia
Email: compliance@magnatefx.com

For residents of the European Union (EU), Global Magnate Capital Ltd. acts as the Data Controller under the GDPR.

2. Personal Data We Collect

2.1 Data You Provide Voluntarily:

Full name, date of birth, nationality, and government-issued identification
Contact information including email address, phone number, and residential address
Account registration details and profile information
Banking and payment information (e.g., IBAN, SWIFT, account details)
Know Your Customer (KYC) documentation
Trading activity and transaction records
Customer service communications

2.2 Data Collected Automatically:

IP address, browser type, operating system, access timestamps
Device identifiers and usage logs
Cookies, web beacons, and other tracking technologies
Geolocation data (with your explicit consent)

2.3 Data from Third Parties:

Identity verification providers
Credit reference agencies
Payment processors and financial institutions

3. Legal Grounds for Data Processing

Under the GDPR and applicable data protection laws, we process your personal data under the following lawful bases:

Consent (Art. 6(1)(a)): With your clear and informed permission
Contractual Necessity (Art. 6(1)(b)): To fulfill obligations under our service agreements
Legal Obligation (Art. 6(1)(c)): To comply with applicable laws and regulations
Legitimate Interests (Art. 6(1)(f)): To improve services, detect fraud, and secure operations

4. Purpose of Data Processing

Conduct identity verification and anti-money laundering (AML) checks
Create, manage, and maintain your Global Magnate Capital Ltd. account
Process financial transactions (deposits, withdrawals, trades)
Deliver responsive customer support
Meet regulatory and legal compliance requirements
Mitigate fraud, cyber threats, and unauthorized activity
Enhance platform performance and user experience
Deliver permitted marketing content (with opt-out capability)

5. Data Sharing and Disclosure

We may disclose your personal data to:

Regulatory authorities and law enforcement bodies (where required)
Authorized third-party vendors (e.g., cloud storage, analytics, payment gateways)
Affiliated companies and service integrators bound by confidentiality agreements
Legal or prospective business entities in the event of mergers, acquisitions, or restructuring

International data transfers are secured using Standard Contractual Clauses (SCCs), adequacy decisions, or other recognized mechanisms.

6. Data Retention

We retain your personal data for only as long as necessary, based on:

AML and regulatory retention periods: Minimum 5–7 years
Contractual and legal claims: Duration of agreement plus statutory limitations
Marketing/analytics: Until consent is withdrawn or your account is closed

7. Your Rights and Legal Remedies

For EU/EEA residents (GDPR):

Right to access and rectify your data
Right to data deletion (“right to be forgotten”)
Right to restrict or object to processing
Right to data portability
Right to withdraw consent at any time
Right to lodge a complaint with a supervisory authority

For California residents (CCPA/CPRA):

Right to know what data we collect and share
Right to delete personal data
Right to opt-out of sale/sharing of personal data
Right to non-discrimination
Right to correct inaccurate information and limit use of sensitive data

To exercise your rights, contact us at: compliance@magnatefx.com

8. Cookies and Tracking Technologies

We utilize cookies and similar technologies to:

Ensure core functionality of our website
Monitor and analyze website usage
Deliver customized advertising (with consent)

You may adjust your preferences through our [Cookie Consent Manager] or your browser settings.

9. International Data Transfers

Where required, we ensure secure cross-border transfers through:

European Commission-approved Standard Contractual Clauses (SCCs)
Adequacy decisions from relevant data authorities
Binding Corporate Rules, where applicable

10. Data Security Measures

We employ rigorous security protocols, including:

Data encryption (in transit and at rest)
Multi-factor authentication (MFA)
Regular third-party penetration testing
Role-based access control and logging

While we implement best-in-class security, no system is completely immune to risk.

11. Children’s Data Protection

Our Services are not intended for individuals under the age of 18. If we become aware that we have collected data from a minor, we will promptly delete the information.

12. Amendments to This Policy

We may revise this Privacy Policy periodically. Updates will be posted on this page with a revised “Effective Date.” Continued use of our Services indicates your acceptance of the updated Policy.

13. Contact Information

For questions, concerns, or requests related to this Privacy Policy or your personal data, please contact:

Email: compliance@magnatefx.com
Postal Address: Foster Capital Inc., Robin Kelton Building, Choc Bay, Castries, Saint Lucia