Before deciding to participate in the markets, you should carefully consider yourinvestment objectives, level of experience and risk appetite. Most importantly, donot invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchangetransaction, including, but not limited to, leverage, creditworthiness, limitedregulatory protection and market volatility that may substantially affect the price,or liquidity of a currency or currency pair.
Moreover, the leveraged nature of forex trading means that any marketmovement will have an equally proportional effect on your deposited funds.This may work against you as well as for you. The possibility exists that you couldsustain a total loss of initial margin funds and be required to deposit additionalfunds to maintain your position. If you fail to meet any margin requirement, yourposition may be liquidated, and you will be responsible for any resulting losses.
There are risks associated with utilizing an Internet-based trading systemincluding, but not limited to, the failure of hardware, software, and Internetconnection. Bitvaypro is not responsible for communication failures or delayswhen trading via the Internet. Bitvaypro employs backup systems andcontingency plans to minimize the possibility of system failure, and trading viatelephone is always available.
Any opinions, news, research, analyses, prices, or other information contained onthis website are provided as general market commentary, and do not constituteinvestment advice. Bitvaypro.com is not liable for any loss or damage, includingwithout limitation, any loss of profit, which may arise directly or indirectly fromuse of or reliance on such information.
Bitvaypro has taken reasonable measures to ensure the accuracy of theinformation on the website. The content on this website is subject to changeat any time without notice.
Any hedging activity between accounts held with different brokers is strictlyprohibited, including but not limited to proprietary trading firms (prop firms) orany other third party entities.
Any strategy involving the offsetting of trades with entities outside of this brokerwill be considered a violation of these terms and conditions.
The broker reserves the right to exclude from profits any gains arising frombehaviors deemed non-compliant with the expected operational standards,including but not limited to: latency abuse, improper use of financial instruments,coordinated activities between multiple external accounts, or any other strategyaimed at gaining an unfair or artificial advantage.
If activities are detected that are considered illegal, fraudulent, or otherwiseharmful to the integrity of the systems, reputation, or operations of the broker,the broker reserves the right to suspend, restrict, or terminate the service to theuser involved, with immediate effect and without prior notice.
How do we use the personal information?We may use personal information for the following purposes:To verify your identity and establish and manage your account As part ofproviding services, or information about our services, to you, we will need toverify your identity to set you up as a customer and we will need to use thosedetails in order to effectively manage your account with us to ensure that you aregetting the best possible service from us. This may include third parties carryingout credit or identity checks on our behalf. It is not only in our legitimate interestto do so but the use of your personal information in this way is necessary for usto know who you are as we have a legal obligation to comply with certain KnowYour Customer regulatory obligations.
To provide you with products and services, or information about our productsand services, and to review your ongoing needs Once you open an account withus, or subscribe to an update or webinar, we will need to use your personalinformation to perform our services and comply with our obligations to you. It isalso in our legitimate interests to ensure that we are providing the best productsand services so we may periodically review your needs to ensure that you aregetting the benefit of the best possible products and services from us.
To help us improve our products and services, including customer services, anddevelop and market new products and services We may from time to time usepersonal information provided by you through your use of the services and/orthrough customer surveys to help us improve our products and services. It is inour legitimate interests for us to use your personal information in this way toensure that we provide you with the best products and services we can and tocontinue to be a market leader in our industry.
To form a profile about you We may from time to time use personal informationabout you to form profiles about you so that we can understand you and providethe very best products and services we can. We may also make decisions aboutyou through automated profiling or automated credit checks which may affectyour ability to use our services. We may need to do this either to perform ourlegal obligations or because it is in our legitimate interest to use your personalinformation in such a way.
To investigate or settle enquiries or disputes We may need to usepersonal information collected from you to investigate issues and/orsettle disputes with you as it is in our legitimate interests to ensure thatissues and/or disputes get investigated and resolved as quickly andefficiently as possible.
To comply with applicable law, court order, other judicial process, or therequirements of any applicable regulatory authorities We may need to useyour personal information to comply with applicable law, court order orother judicial process, or the requirements of any applicable regulatoryauthority. We do thisnot only to comply with our legal obligations but because it may also be inour legitimate interest to do so.
To provide references about you From time to time, third parties, such ascredit agencies may approach us to provide a credit reference about youfor credit and identity checks. It may be in our legitimate interest tocomply with our legal obligations or we may be obliged to provide such areference in order to comply with a legal obligation. However if we areunsure we will speak to you first before providing any reference.
To send you surveys From time to time, we may send you surveys as partof our customer feedback process and it is in our legitimate interest to askfor feedback to ensure that we provide the best service to you. However,we may from time to time also ask you to participate in other surveys andif you agree to participate in such surveys we rely on your consent to usethe personal information we collect as part of such survey. All responsesto any survey we send out whether for customer feedback or otherwisewill be aggregated and depersonalised before survey results are sharedwith any third parties.
Data analysis Our web pages and e-mails may contain web beacons or pixel tagsor any other similar type of data analysis tools which allow us to track receipt ofcorrespondence and to count the number of users that have visited our webpageor opened our correspondence. Where your personal information is completelyanonymised, we do not require a legal basis as the information will no longerconstitute personal information. However where your personal information isnot in an anonymised form, it is in our legitimate interest to continually evaluatethat personal information to ensure that the products and services we provideare relevant to the market.
Marketing by us We may use your personal information to send you marketingcommunications by email or phone or other agreed forms (including social mediacampaigns) to ensure that you are always kept up to date with our latestproducts and services. Where we send you marketing communications we willeither do so as it is in our legitimate interest or with your consent.
Internal business purposes and record keeping We may need to process yourpersonal information for internal business and research purposes and recordkeeping purposes. Such processing is in our own legitimate interests and isrequired in order to comply with our legal obligations. This may include anycommunications that we have with you in relation to the services we provide toyou and our relationship with you. We will also keep records to ensure that youcomply with your obligations under any contract you have entered into with us.
Corporate restructuring If we undergo a corporate restructure or part or all ofour business is acquired by a third party, we may need to use your personalinformation in association with that restructure or acquisition. Such use mayinvolve disclosing your details as part of a due diligence exercise. It is ourlegitimate interest to use your information in this way provided we comply withany legal obligation we have to you.
Security If you enter any of our premises we may record your image on our CCTVfor security reasons. We may also take your details to keep a record of who hasentered our premises on any given day. It is in our legitimate interest to do this tomaintain a safe and secure working environment.Your rights as a data subject The information about any rights that might beavailable to you in relation to the personal information we hold about you is setout below. If you would like to exercise any of these rights, please contact us by: •phone (+41 765786549); • email at help@deskitvaypro.com
Access If you ask us, we will confirm whether we are processing your personalinformation and, if so, provide you with a copy of that personal information(along with certain other details). If you require additional copies, we may need tocharge a reasonable administration fee.
Rectification If the personal information we hold about you is inaccurate orincomplete, you are entitled to have it rectified. If we have shared your personalinformation with others, we will let them know about the rectification wherepossible. If you ask us, where possible and lawful to do so, we will also tell youwho we have shared your personal information with so that you can contactthem directly.
Erasure You can ask us to delete or remove your personal information in certaincircumstances such as where we no longer need it or you withdraw your consent(where applicable) provided that we have no legal obligation to retain that data.Such request will be subject to any retention limits we are required to complywith in accordance with applicable laws and regulations and subject to section'How do we store personal information and for how long'. If we have shared yourpersonal information with others, we will let them know about the erasure wherepossible. If you ask us, where possible and lawful to do so, we will also tell youwho we have shared your personal information with so that you can contactthem directly.
Processing restrictions You can ask us to ‘block’ or suppress the processing ofyour personal information in certain circumstances such as where you contestthe accuracy of that personal information or object to us processing it. It will notstop us from storing your personal information though. We will tell you beforewe lift any restriction. If we have shared your personal information with others,we will let them know about the restriction where possible. If you ask us, wherepossible and lawful to do so, we will also tell you who we have shared yourpersonal information with so that you can contact them directly.
Data Portability Under the General Data Protection Regulation (679/2016), youhave the right, in certain circumstances, to obtain personal information you haveprovided us with (in a structured, commonly used and machine readable format)and to reuse it elsewhere or ask us to transfer this to a third party of your choice.
Objection You can ask us to stop processing your personal information, and wewill do so, if we are: • relying on our own or someone else’s legitimate interests toprocess your personal information except if we can demonstrate compelling legalgrounds for the processing; • processing your personal information for directmarketing; or • processing your personal information for research unless suchprocessing is necessary for the performance of a task carried out in the publicinterest.
Automated decision-making and profiling If we have made a decision about youbased solely on an automated process (e.g. through automatic profiling) thataffects your ability to use the services or has another significant effect on you,you can ask to not to be subject to such a decision unless we can demonstrate toyou that such decision is necessary for entering into, or the performance of, acontract between you and us. Even where a decision is necessary for enteringinto or performing a contract, you may contest the decision and require humanintervention.