Privacy Policy

Last Updated: January 2025

1. Introduction

BareProp Limited ("we", "us", "our") is committed to protecting your privacy and personal information. This Privacy Policy explains how we collect, use, store, and protect your data when you use our website and services.

By using our services, you agree to the collection and use of information in accordance with this policy. If you do not agree with our policies and practices, please do not use our services.

2. Information We Collect

Personal Information:

  • Full name, email address, phone number
  • Date of birth and nationality
  • Residential address and country of residence
  • Government-issued identification documents (for KYC verification)
  • Payment information and transaction history

Trading Data:

  • Trading account information and performance metrics
  • Trade history, positions, and profit/loss data
  • Platform usage patterns and trading strategies

Technical Information:

  • IP address, browser type, and device information
  • Cookies and similar tracking technologies
  • Website usage data and analytics

3. How We Use Your Information

We use your personal information for the following purposes:

  • Account registration and identity verification (KYC/AML compliance)
  • Processing challenge registrations and payments
  • Managing your trading accounts and executing payouts
  • Providing customer support and responding to inquiries
  • Monitoring trading activity for rule compliance and fraud prevention
  • Sending important account notifications and updates
  • Improving our services and user experience
  • Complying with legal and regulatory obligations

4. Legal Basis for Processing

We process your personal data based on:

  • Contractual Necessity: To fulfill our obligations under the Terms & Conditions
  • Legal Compliance: To comply with KYC, AML, and other regulatory requirements
  • Legitimate Interests: To prevent fraud, ensure platform security, and improve services
  • Consent: For marketing communications (you can opt-out anytime)

5. Data Sharing & Third Parties

We may share your information with:

  • Service Providers: Payment processors, KYC verification services, cloud hosting providers
  • Technology Partners: Trading platform providers and infrastructure partners
  • Legal Authorities: When required by law or to protect our legal rights
  • Business Transfers: In case of merger, acquisition, or sale of assets

We do not sell, rent, or trade your personal information to third parties for marketing purposes.

6. Data Security

We implement industry-standard security measures to protect your personal information:

  • SSL/TLS encryption for data transmission
  • Encrypted storage of sensitive information
  • Regular security audits and vulnerability assessments
  • Access controls and authentication mechanisms
  • Employee training on data protection practices

However, no method of transmission over the internet is 100% secure. While we strive to protect your data, we cannot guarantee absolute security.

7. Data Retention

We retain your personal information for as long as necessary to:

  • Provide our services and maintain your account
  • Comply with legal and regulatory obligations (typically 5-7 years)
  • Resolve disputes and enforce our agreements
  • Prevent fraud and maintain security

After the retention period, we will securely delete or anonymize your personal data.

8. Cookies & Tracking Technologies

We use cookies and similar technologies to enhance your experience:

  • Essential Cookies: Required for website functionality and security
  • Analytics Cookies: Help us understand how visitors use our website
  • Preference Cookies: Remember your settings and preferences

You can control cookies through your browser settings. However, disabling cookies may affect website functionality.

9. Your Privacy Rights

Depending on your jurisdiction, you may have the following rights:

  • Access: Request a copy of your personal data
  • Correction: Update or correct inaccurate information
  • Deletion: Request deletion of your data (subject to legal obligations)
  • Portability: Receive your data in a structured, machine-readable format
  • Objection: Object to certain types of data processing
  • Restriction: Request limitation of data processing
  • Withdraw Consent: Opt-out of marketing communications

To exercise these rights, please contact us at support@bareprop.com

10. International Data Transfers

Your information may be transferred to and processed in countries outside your country of residence. We ensure appropriate safeguards are in place to protect your data in accordance with this Privacy Policy and applicable data protection laws.

11. Children's Privacy

Our services are not intended for individuals under 18 years of age. We do not knowingly collect personal information from children. If you believe we have collected information from a child, please contact us immediately.

12. Changes to This Policy

We may update this Privacy Policy from time to time. Changes will be posted on this page with an updated "Last Updated" date. We encourage you to review this policy periodically. Continued use of our services after changes constitutes acceptance of the updated policy.

13. Contact Us

If you have questions about this Privacy Policy or wish to exercise your privacy rights, please contact us:

Email: support@bareprop.com
Company: BareProp Limited
Registered: British Virgin Islands

Your privacy matters to us. We are committed to protecting your personal information and maintaining transparency in how we use your data.