Table Of Content

Information Collection

Exness collects personal and trading information from clients to provide services, improve their experience, and ensure financial regulatory compliance. This includes information such as personal identification details, transaction history, and usage habits.

Types of Personal Data

Exness collects various kinds of personal information when clients open an account or open their services. These include general personal details such as your name, email, telephone number, and address. Exness may also collect identification verification details such as government-issued ID and proof of address to prevent any violation of the rules and against fraud. Such information is collected for purposes of verification of an account, safe transaction, and improvement of the experience of users.

Trading Information Gathered

Exness collects trade data such as transaction history, order details, and trade positions for trade execution and service improvement. Exness applies the data to track market activity and ensure proper execution of the trade. It supports market analysis and helps Exness to sustain services and improve user experience. The data is used for technical support, trading inquiries, and financial rule compliance.

Data Usage Practices

Your trading and personal data gathered and utilized by Exness are utilized for some purposes with its services secured and in accordance with financial legislation. The data aids in enhanced user experience and enhanced general service delivery. Exness is serious about dealing with your data and maintains your confidentiality in your trading life.

Operational Purposes

Exness makes use of the information collected for operational purposes, including verifying your identity, managing transactions, and protecting your account. This information is crucial in managing accounts, carrying out trades, and preserving a smooth trading environment. It also helps Exness prevent fraud and comply with legal requirements.

Service Improvement

Exness also makes use of data in improving its services by observing user behavior and trading behavior. This enables Exness to enhance platform features, improve user interfaces, and expand improved customer services. With such data, Exness is able to offer tailor-made solutions, improve systems, and maintain continuous improvement of the overall experience of its clients.

Data Security Measures

Exness keeps data safe by using encryption, secure servers, and regular security checks to protect your personal and trading information from unauthorised access. All these methods ensure your information is safe and secure.

Protection Technologies

Exness employs various protection technologies to safeguard user data, including:

  1. SSL Encryption for secure connections.
  2. Firewalls to prevent unauthorized access.
  3. Multi-Factor Authentication (MFA) for enhanced account security.
  4. Regular Security Audits to identify vulnerabilities.
  5. Encrypted Data Storage to protect sensitive information.

These technologies work together to ensure that all data exchanged between you and Exness is secure.

Breach Prevention Protocols

To prevent data breaches, Exness has strict internal security practices, such as:

  1. Continuous System Monitoring for unusual activity.
  2. Penetration Testing to identify security vulnerabilities.
  3. Security Patches and Updates applied regularly.
  4. Incident Response Plan to reduce damage in case of a breach.

These practices provide a secure environment and address any possible threats in a timely fashion.

Information Sharing

Exness only discloses personal and trading information when required for legal reasons, improving services, or fraud prevention. Any information disclosed is processed securely by trusted third parties for your privacy.

Third-Party Disclosures

Exness may share your personal data with:

  1. Payment Processors to facilitate deposits and withdrawals.
  2. Fraud Prevention Services to avoid unauthorized use.
  3. Financial Institutions to address regulatory requirements.

These third parties are required to secure your information and utilize it for the services provided to Exness alone.

Regulatory Requirements

Exness is also obligated to submit certain user information to regulatory organizations, including:

  1. Anti-Money Laundering (AML) and Know Your Customer (KYC) checks.
  2. Compliance with global and local financial regulators.
  3. Suspicious Activity Reporting to prevent fraud and criminal activity.

This ensures Exness complies with the law and regulations.

User Rights and Controls

Access to Personal Data

You can request access to the personal data Exness holds about you by contacting Exness customer support. This allows you to:

  1. Review the data Exness has collected.
  2. Check for Accuracy and make any necessary corrections.
  3. Request Updates to ensure your information is up to date.

Deletion and Modification Options

If you wish to modify or delete your personal data, you can:

  1. Update your data through the Exness account settings.
  2. Request Deletion by contacting Exness support if you no longer wish to have an account.
  3. Contact Customer Support to assist with any changes to your information, subject to regulatory requirements.

Exness will assist with these requests while ensuring compliance with relevant laws and regulations.

Exness uses cookies to enhance your browsing experience on their website. They enhance functionality, remember preferences, and track traffic on the website. You agree to cookies under their cookie policy by using the Exness website.

Types of Cookies Used

Exness uses the following types of cookies:

  1. Necessary Cookies: These are necessary for the proper functioning of the website, e.g., for secure login and account management.
  2. Performance Cookies: These track website usage to help enhance site performance and user experience.
  3. Functional Cookies: These remember your preferences, such as language settings or login credentials, to provide a customized experience.
  4. Targeting Cookies: These monitor your web browsing activity to serve customized ads related to your interests.

Management Options

You can also manage and turn off cookies by using options on your browser. You might be able to block or erase cookies in most browsers, although this might affect the functioning of the Exness website. To get more information about handling cookies, check your browser’s help or the Exness cookie preferences.

Policy Updates

Exness may modify its cookie policy from time to time in order to keep pace with changing technology and changing legal needs. New versions will be available on their site, and by using the website following any update you consent to the new policy.

Exness ensures legal compliance in Nigeria by adhering to the relevant regulations governing financial services and trading activities. This commitment guarantees a secure and regulated trading environment for Nigerian traders, aligning with the country’s legal framework.

Local Regulations

Exness complies with Nigerian financial regulations, including those set by the Central Bank of Nigeria (CBN) and the Nigeria Securities and Exchange Commission (SEC), which oversee forex trading and related activities. This ensures that all platform operations adhere to local laws, promoting fair practices and protecting traders in Nigeria’s financial markets.

Data Protection Standards

Exness follows data protection standards aligned with Nigerian privacy laws to safeguard users’ personal and trading information. The platform employs industry-standard encryption and security measures to prevent unauthorized access to sensitive data, ensuring the privacy and security of Nigerian traders during their trading activities.