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FundedNext Privacy: Responsible Data Stewardship

Learn how FundedNext handles personal data, safeguards privacy rights, and adheres to principles of lawful, fair, and secure data processing.

1. General Provisions

FundedNext is committed to protecting the privacy and personal data of our clients, employees, and partners. This Privacy Policy outlines how we collect, use, disclose, and safeguard the personal information entrusted to us during the course of our business operations.

2. Key Definitions

Personal Data” refers to any information relating to an identified or identifiable individual, such as names, contact details, financial information, and online identifiers.

Data Subject” is an individual whose personal data is processed by FundedNext.

Data Processing” encompasses any operation performed on personal data, including collection, storage, use, transfer, and deletion.

3. FundedNext's Rights and Obligations

FundedNext acts as the Data Controller and is responsible for ensuring compliance with applicable data protection laws and regulations. We have implemented appropriate technical and organizational measures to safeguard personal data against unauthorized access, loss, or misuse.

5. Principles of Data Processing

FundedNext adheres to the following principles when processing personal data:
1. Lawfulness, fairness, and transparency
2. Purpose limitation
3. Data minimization
4. Accuracy
5. Storage limitation
6. Integrity and confidentiality
7. Accountability

4. Rights of Data Subjects

Data Subjects have the following rights regarding their personal data:

  • Right to access and rectify personal data
  • Right to object to or restrict data processing
  • Right to data portability
  • Right to erasure (right to be forgotten)
  • Right to withdraw consent for data processing

6. Conditions for Data Processing

FundedNext processes personal data under the following legal bases:

  • Consent from the Data Subject
  • Performance of a contract
  • Compliance with legal obligations
  • Legitimate interests of FundedNext or a third party

7. Data Collection, Storage, and Transfer

FundedNext collects personal data through various channels, including our website, mobile applications, and customer support interactions. This data may include:

  • Contact information (name, email, phone number)
  • Financial information (payment details, trading history)
  • Identification documents (passport, ID card)
  • Login credentials
  • Communication records

We implement appropriate security measures to protect personal data, such as encryption, access controls, and secure servers. Personal data may be transferred to third parties for specific purposes, such as compliance with legal obligations or provision of services, subject to appropriate safeguards.

8. Confidentiality of Personal Data

FundedNext ensures the confidentiality of personal data by:

  • Restricting access to authorized personnel only
  • Implementing strict data handling protocols
  • Regularly training employees on data protection practices
  • Conducting risk assessments and audits

9. Final Provisions

This Privacy Policy is subject to periodic review and updates to reflect changes in applicable laws, regulations, or business practices. FundedNext encourages Data Subjects to review this Policy regularly for any modifications.
If you have any questions or concerns regarding our Privacy Policy or the processing of your personal data, please contact our Data Protection Officer at [email protected].
By using FundedNext’s services, you acknowledge and consent to the processing of your personal data in accordance with this Privacy Policy.

Personal Data Collected

FundedNext collects the following types of personal data from Data Subjects:

  • Identification data (name, date of birth, nationality)
  • Contact data (address, email, phone number)
  • Financial data (banking information, trading history)
  • Verification data (identity documents, proof of residence)
  • Communication data (chat records, telephone calls)
  • Navigation data (IP addresses, online activity logs)

These data are collected for specific purposes, such as compliance with legal and regulatory obligations, provision of services, fraud prevention, and maintaining the security of our operations.

Data Retention

FundedNext will retain personal data for as long as necessary to fulfill the purposes for which it was collected, unless a legal or regulatory obligation requires a longer retention period. Once the data is no longer necessary, it is securely and permanently deleted.

Data TypeRetention Period
Identification and contact dataDuring the contractual relationship and up to 5 years after its termination
Financial and trading dataUp to 7 years after the termination of the contractual relationship
Verification dataDuring the contractual relationship and up to 5 years after its termination
Communication dataUp to 2 years after the termination of the contractual relationship
Navigation dataUp to 1 year after its collection