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13.11 If FxPro deems that the Accounts have no activity for a period of time three 3 years and
there are Client Funds available in your Account, FxPro will try to contact you but if we are not able to reach you we will have the right to cease treating such amount of money as Client
Money and we will either transfer them to a suspense account or use them for charity.
13.12 FxPro reserves the right to amend andor impose any fees andor charge, contrary to what is
stated on the Website with regards to a specific payment method where FxPro believes that this is necessary, as a result of the actions andor omissions of a specific Client. For instance,
this clause might be triggered when a Client deposits andor withdraws without entering into the appropriate trading activity.
14. TAXATION
14.1 Although investing in CFDs does not involve taking physical delivery of the underlying financial
instrument, independent tax advice should be sought, if necessary, to establish whether the Client is subject to any tax, including stamp duty.
14.2 In the event that a taxation occurs as a result of any regulatory or legal obligation which may
oblige FxPro to make any payments andor withhold any amounts for taxation purpose, then we reserve the right to deduct such amounts of any such payments from any of the accounts
belonging to you or request that you reimburse us accordingly.
14.3 You understand and accept that the tax treatment andor any disclosures andor any
withholding may vary depending on your jurisdiction as from time to time may be.
15. CONFIDENTIALITY AND DATA PROTECTION
15.1 FxPro is registered with the Office of the Commissioner for Personal Data Protection of the
Republic of Cyprus; therefore, any Client’s personal data is kept by the Firm according to the Processing of Personal Data Protection of the Individual Law of 2001, its amendment Law
No. 37I2003 and the Processing of Personal Data Protection of Individual Amending Law 2012 Law. No. 105I2012 and the Regulation of Electronic Communications.
15.2 By entering into the Agreement the Client hereby provides his her express consent to collect,
process andor otherwise deal with all the data provided by the Client including any data which is considered sensitive data without any further requirement to consent.
15.3 FxPro will not disclose to a third party, any of the Client’s confidential information unless
required to do so by a regulatory authority of a competent jurisdiction, by applicable legislation, by a court, pursuant to the Agreement, any other agreement between the you and
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us from time to time, or if FxPro deems that such a disclosure is necessary. FxPro will endeavour to make such disclosures on a ‘need-to-know’ basis, unless otherwise instructed
by, inter alia, any governmental body or subject to the provisions of any applicable legislation. Under such circumstances, the Firm shall endeavour, where reasonably possible, to inform the
third party regarding the confidential nature of the information.
15.4 Prior
to entering into the Agreement, the potential client reserves the right to object to the disclosure of personal data; if the Client does not consent to the disclosure of personal data,
FxPro reserves the right to refuse the entry into the Agreement andor any other agreement andor refuse the provision of services to the potential client.
15.5 The Client may at any time withdraw their consent, nonetheless the Client understands and
accepts that if heshe chooses to withdraw their consent FxPro shall have the right to immediately terminate the Agreement andor the services provided. Further the Client
understands and accepts that even if they withdraw their consent FxPro may still be obliged to disclose personal data including sensitive data of the Client in order to comply with certain
legal andor regulatory obligations, without any further warning to the Client. Such withdrawal request shall be in writing and addressed to FxPro via the registered e-mail address of the
Client.
15.6 The Client accepts and consents that FxPro may, from time to time, contractually engage
companies for marketing, statistical and other purposes in order to improve the Firm’s business or other activities and obligations; as a result, Client’s personal data may be disclosed
provided that adequate confidentiality provisions are in place. We may also share Client’s information with certain third parties including business partners, suppliers, sub-contractors,
advertisers andor other parties. The Client accepts that FxPro is required to disclose information to certain business, for instance, card processing companies or banks, in order to
effect the services requested by the Clients; such third parties may store your information in order to comply with their legal and other obligations.
15.7 The Client hereby acknowledges and accepts that the Client’s personal data may be disclosed
to any other member of the FxPro group of companies, which means any subsidiaries, ultimate holding companies and their respective subsidiaries, may receive such information.
15.8 The Client further accepts and explicitly consents that where the Client has been introduced
to FxPro by a third party, that third party may have access to information which may be privy andor personal andor sensitive to the Client.
15.9 FxPro shall use reasonable endeavours to keep the Client’s personal data safe; nonetheless,
transmission of information via the internet and or technology systems is not always
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completely secure. Any transmission of the Client’s data shall be at the Client’s own risk and FxPro shall have no liability whatsoever.
15.10 Furthermore, the data we collect from the Client may be transferred to, and stored at, a
destination outside the European Economic Area the ‘EEA’. It may also be processed by staff operating outside the EEA who work for us or for one of our suppliers, affiliate entities or
otherwise. Such persons maybe engaged in, among other things, the fulfilment of your order, the processing of your payment details and the provision of support services. By submitting
your personal data, you agree to this transfer, storing and processing without the need for any further consent from the client to be obtained. The Firm will take reasonably necessary steps
to ensure that your data is treated securely.
15.11 By accepting the Agreement, the Client hereby agrees and consents to the above collection,
storage and processing of the Client’s personal and or sensitive personal data and or all other data and further warrants that the Client has full capacity to provide such consents.
15.12 The client understands and accepts that the Firm will keep any and all information belonging andor
relating to the Client in accordance with any applicable statutory minimum.
16. COMMUNICATION
