Privacy Policy

BinaryOnline’s Privacy Policy is intended for clients and nonclients who access the site. The Privacy Policy provides more details on how their personal information are managed. We make it a must to comprehend our customer’s needs prior offering them financial services. In this regard, BinaryOnline needs to collect certain personal information from BinaryOnline’s clients.

Consequently, through this privacy policy, we wish to express our endeavor to maintain full transparency. BinaryOnline will require some of your details when you open an account or when you start to trade. In these cases, we will generally state the purpose and details of those having access to the details provided to our team.

Please note that the BinaryOnline’s Privacy Policy is reviewed from time to time to take into account new laws, changes to BinaryOnline’s operations and practices, and to make sure it continues to remain relevant to the changing environment. Any personal information BinaryOnline holds will be governed by the most recent Privacy Policy.

How BinaryOnline treats the information collected

It is BinaryOnline’s policy to respect the confidentiality of any information acquired and the privacy of BinaryOnline’s clients and individuals BinaryOnline deals with.

Below are some points outlined with regards to how clients’ information are retrieved and handled:

Personal Information BinaryOnline collects

Any personal information that BinaryOnline collects is obtained from the client’s registration process and other forms, and from maintaining records of information obtained in the course of providing BinaryOnline’s products and services. The personal information BinaryOnline may collect can include name, address, date of birth, contact details and bank account information (for payments of profits and withdrawals). These information are necessary while dealing in the financial industry as per Government regulations and Taxation laws.

In the event of you not providing sufficient information required to fulfill your request for the provision of a product or service, BinaryOnline may be unable to provide you with the product or service that you requested.

Using the personal information BinaryOnline collects

BinaryOnline may send you marketing material from time to time which we believe will be useful to you, while remaining conscious of the need to respect your privacy.

Unless BinaryOnline informs you otherwise, the personal information we collect from you is used for the purpose of establishing and managing your account with us, reviewing your ongoing needs, improving our customer service and products, and providing you with ongoing information or opportunities that we believe may be useful to you.

BinaryOnline at times works in collaboration with third-party organisations and may contract their services to provide some features on the platform. In these cases, BinaryOnline vouches strict confidentiality where customers’ information needs to be handled. BinaryOnline acknowledges the confidential nature of this personal information and undertakes to respect client privacy and comply with the Privacy Principles in the Privacy Act and BinaryOnline’s privacy policy.

Managing the personal information BinaryOnline collects

All of BinaryOnline’s employees who handle personal information are trained to respect the confidential nature of client information and the privacy of individuals. Employees identified breaching clients’ privacy will be liable to disciplinary action, including dismissal.

BinaryOnline has a Privacy Officer who ensures that all personal information collected is managed in accordance with this statement and the Privacy Act.

Storing the personal information BinaryOnline collects

All your information that you communicate to us personally, by phone, mail, email, over the internet or in any other electronic form are safeguarded securely. BinaryOnline holds all of your personal information in secure computer storage facilities and in paperbased files, and takes steps to protect your personal information from misuse, loss, unauthorized access, modification or disclosure.

BinaryOnline may be required by law to maintain records for a significant period of time. However, when BinaryOnline considers information that is no longer required or relevant and any legal obligations that may apply to the information held have been met, we will remove details that identify you or we will securely destroy the records.

Keeping your personal information accurate and up-to-date

BinaryOnline recognizes that any client’s personal information are sometimes subject to change, such as addresses among others. In these situations, clients are requested to update these changes on their personal records or inform a BinaryOnline representative. This step is important to ensure that we have an accurate and up-to-date record.

Checking what personal information BinaryOnline holds about you

The Privacy Act gives you the right to obtain a copy of any personal information BinaryOnline holds about you to advise us of any perceived inaccuracies. There are however some exceptions to the act. To request a copy of the information BinaryOnline holds about you, we require that you complete a request form verifying your identity and specifying what information you require.

These requests are processed within 14 business days. BinaryOnline may charge you a fee to cover the cost of verifying your application, locating, retrieving, reviewing and copying any of the information that you request. Should you require extensive information, we will provide you with an outline of the likely cost prior to processing to aid you in refining your request if required.

Website privacy

BinaryOnline may collect personal information from you when you enter BinaryOnline’s

Use of cookies on BinaryOnline’s Website

BinaryOnline use cookies on its website for your own interests. These cookies give you access to certain pages without having to login each time you view the page. BinaryOnline may also use an independent external service providers to track BinaryOnline’s website traffic and usage.

Have Complaints?

If you feel that BinaryOnline, or its employees have breached this Privacy Policy, or the Privacy Principles have not been respected, we encourage you to lodge a complaint. Send us an email on [email protected] or drop us a message on our Contact Us page.

Get in touch

Should you wish to make a general enquiry about BinaryOnline’s Privacy Policy, update the personal information BinaryOnline hold about you or obtain an application form for access to your personal information you can contact us by either: