This Privacy Policy describes how AKO Solutions LLC, Dubai – Trade Licence 887171 (“we,” “our,” or “us”) collects, processes, stores, and protects your personal data when you access and use the website www.theforextournaments.com (“Website”) and participate in Forex Tournaments. By using this Website, you consent to the terms outlined herein.

1. Data Collection

We collect personal data directly from you and through your interactions with our Website. The types of data we collect include:

1.1 Personal Information:

Full name

Email address

Date of birth (to verify eligibility)

Other information provided during registration or account updates

1.2 Account Information:

Details of your Tournix Credit transactions

Tournament participation history

1.3 Technical Information:

IP address

Device type and operating system

Browser type

Log data, including timestamps and user activity

2. Purpose of Data Processing

Your personal data is processed for the following purposes:

2.1 Provision of Services:

To register your account and facilitate participation in tournaments

To manage tournament entries, rankings, and prize payouts

2.2 Communication:

To notify you of tournament updates, changes to terms, or new features

To respond to your inquiries and provide customer support

2.3 Analytics and Improvement:

To analyze user activity and improve the functionality of our Website

To ensure compliance with legal and regulatory requirements

3. Legal Basis for Processing

The legal bases for processing your data may include:

Contractual Necessity: Processing required to deliver services you have requested.

Legal Obligations: Compliance with applicable laws and regulatory requirements.

Legitimate Interests: Improving our services and safeguarding the platform.

4. Data Sharing and Disclosure

Your personal data may be shared with the following third parties:

4.1 Service Providers:

Payment processors for managing Tournix Credits transactions

IT and analytics providers for maintaining and improving the Website

Partners who refer traders for registration.

4.2 Legal and Regulatory Authorities:

To comply with applicable laws or respond to lawful requests, such as court orders or regulatory inquiries

4.3 Business Transfers:

In the event of a merger, acquisition, or sale of assets, your personal data may be transferred as part of the transaction

We will ensure that all third parties adhere to strict confidentiality obligations and data protection standards.

5. Data Retention

Your personal data will be retained only for as long as necessary to fulfill the purposes outlined in this Privacy Policy or as required by law.

6. Data Security

We implement robust technical and organizational measures to protect your personal data, including:

Encryption of sensitive information

Regular security audits and monitoring

Restricted access to personal data

However, no method of data transmission or storage is entirely secure. While we strive to protect your personal data, we cannot guarantee absolute security.

7. International Data Transfers

If your personal data is transferred to jurisdictions outside the United Arab Emirates, we will ensure that appropriate safeguards are in place, such as standard contractual clauses or equivalent legal mechanisms, to protect your data.

8. User Rights

You have the following rights regarding your personal data:

8.1 Access and Correction: Request access to or correction of your personal data.

8.2 Data Portability: Request a copy of your data in a machine-readable format.

8.3 Deletion: Request deletion of your personal data, subject to legal and regulatory obligations.

8.4 Objection and Restriction: Object to or request restriction of data processing under certain circumstances.

To exercise these rights, please contact us at info@theforextournaments.com.

9. Cookies and Tracking Technologies

We use cookies and similar technologies to enhance your browsing experience, analyze user activity, and improve our services. 

10. Amendments

We reserve the right to update this Privacy Policy at any time. Changes will be communicated via the Website or email. Continued use of the Website constitutes acceptance of any updated terms.

11. Contact Information

For questions, concerns, or requests regarding this Privacy Policy, please contact us at:

Email: info@theforextournaments.com

Website: www.theforextournaments.com

Effective Date: 25.11.2024