Privacy Policy

Privacy Policy

Last update: July 1, 2024

Overview

The following Privacy Policy ("Policy") reflects how Funded Folk ("we", "us" or "our") collects, uses, discloses and safeguards your personal information when you visit or interact with our site, funded folk.co.uk (the "Website" or the "Service"). It also clarifies your rights and options according to your personal data and how you can acquire or improve it.

Automatic Collection of Information

After visiting the Website, our servers might automatically store data such as:

  • IP address
  • Browser type and version
  • Pages visited and time spent
  • Device type and operating system
  • Referring URLs

It is applied in system administration, abuse prevention, analytics and enhancement of the user experience. It is not used to identify individuals personally unless there is a legal or a security need.

Personal Information You Provide

You are free to visit our Website and not to share your identity. But there are services or features that you have to provide:

  • Full name
  • Email address
  • Proof of identity
  • Geolocation data

We can also obtain personal information of third party sources, which is trusted so as to ascertain identity or improve our services.

How We Use Your Information

Your personal information may be used for the following purposes:

  • Account registration and management
  • Order processing and service fulfillment
  • Customer support and communication
  • Platform improvement and feature development
  • Legal and regulatory compliance
  • Marketing and promotional communication (where permitted by law)

The processing is performed based on the available legal grounds, such as your consent, the performance of a contract, fulfilling the legal obligations or legitimate business interest.

Billing and Payments

Third-party providers are used to do all the payment processing. Your financial details are not collected or processed by us. The respective privacy policy of those providers is applied to the payment data that you present.

Managing Your Data

You may demand that your personal data be erased, modified or confined. Note that in some cases, such as fraud prevention, dispute resolution and compliance requirements we will need to keep necessary information as legitimate business reasons or legal requirements.

Data Sharing and Disclosure

We do not sell or rent your personal data. We may share it with:

  • Trusted service providers and affiliates
  • Legal authorities when required by law
  • Entities involved in a merger, acquisition or asset sale
  • Third-party access is thoroughly regulated and restricted to the extent of service provision.

Data Retention

Any information that we keep will not be stored longer than is required by operation, law or security-related activities. When retention period is expired information is irreversibly destroyed or anonymized.

Data Transfers Across National Borders

Your information can be exported and used in jurisdictions that are not part of yours. We maintain appropriate safeguards in order to ensure that such transfers are consistent with respect to the protection of the data so transferred as outlined in relevant international data protection laws.

User Rights

Rights that you may have depend on where you are situated:

  • Access your personal data
  • Request corrections or deletions
  • Object or Restrict processing
  • Withdraw consent at any time
  • Make complaints to the regulatory authorities

You may exercise these rights by reaching us at support@fundedfolk.com. We can demand identity check to safeguard your data.

GDPR Rights

In the event you are within the European Economic Area (EEA), you are entitled to extra rights under the General Data Protection Regulation (GDPR), which include the right to data portability, the right to file a complaint before the local Data Protection Authority.

California Privacy Rights

As a California resident, you can ask us how we have shared your personal information in the previous 12 months, under California Consumer Privacy Act (CCPA). If you would like to start a CCPA request, contact us.

Children's Privacy

We do not knowingly collect personal information from individuals under the age of 18. In case the parents or guardians are convinced that a child has supplied us with data, they can reach us to take away the data.

Cookies

We employ the usage of cookies and other similar technologies to:

  • Increase performance and functionality on site
  • Understand user behavior
  • Deliver targeted content and advertising

You can switch off cookies by adjusting your browser settings, but some features of the Website may stop working properly.

Do Not Track

At this point, our Website is not reacting to Do Not Track signals. Nevertheless, we restrict the unnecessary request and processing of personal data except in the case of its necessity.

Analytics and Advertising

Cookies collected by third party advertising and analytics partners may be used by them to collect non-personally identifiable information. These parties have got their respective privacy policies.

Affiliate Disclosure

Our Website displays affiliate links. When you click on the links and buy something we might receive a small commission without the extra cost to yourself.

Email Marketing

Upon your permission we can also send you newsletters and promotional emails. It is possible to withdraw at any given time by clicking the unsubscribe link in every email.

External Links

On our Website, you may find links to other websites which are not being maintained by us. We take no responsibility regarding the privacy policies or materials on these third party websites.

Data Security

Your personal data is saved with the use of proper technical and organizational measures. Nevertheless, there is no such way to transmit data via the Internet or store it electronically that will be 100 percent safe.

Notification of Data Breach

In the event of a data breach, we will contact concerned users and data regulatory departments on a timely basis as per the law.

Revisions of This Policy

We may update this Policy periodically to reflect changes in our practices or legal requirements. We encourage you to review this page regularly. Continued use of the Website constitutes your acceptance of any changes.

Trading

Your Talent Deserves Funded Folk

Join Funded Folk where traders unite, grow, and get funded.

All information is provided "as is," without warranties of completeness, accuracy, timeliness, or results, whether express or implied. Users are solely responsible for evaluating the risks and benefits associated with the use of this website's content.

Payments made to access simulated challenges are not deposits, investments, or client funds, but subscription fees for participation in evaluation programs and educational materials. All fees collected are allocated toward operational expenses, including but not limited to personnel, technology, and business infrastructure.

The information provided regarding simulated challenges is intended solely for educational purposes related to trading practices. It does not constitute investment advice, financial services, brokerage services, business recommendations, investment opportunity analysis, or general recommendations regarding trading financial instruments.

It provides simulated evaluations using data feeds from reputable brokers and platforms solely for the purpose of educational and training simulations. No real trading activity or execution of financial transactions takes place on behalf of participants.

This website and its content are not intended for residents of jurisdictions where its distribution or use would contravene local laws or regulations.