This Policy is directed to natural persons who are either current and/or potential clients or are authorized representatives/agents or beneficial owners of legal entities or of natural persons which/who are current or potential clients of OWM(Oriental Wealth Markets Limited) Brokers.
OWM(Oriental Wealth Markets Limited) Brokers will gather various types of information, which includes information identifying you as an individual, this is known as “Personal data” and/or “data”. OWM(Oriental Wealth Markets Limited) is committed to protecting your personal data and respects your privacy.
CHANGES TO THE PRIVACY NOTICE AND YOUR DUTY TO INFORM US OF CHANGE
It is important that the personal data we hold about you is accurate, complete and true at all times, as such please do keep us informed if your personal data changes during your business relationship with any of the OWM(Oriental Wealth Markets Limited) Brokers related entities. In addition, you provide your implied consent for data processing/transmission/record keeping/ as between the said related entities, wherever such entities may be located, registered and/or operating.
THE DATA WE COLLECT ABOUT YOU
Personal Data, or Personal Information, means any information that related to an identified or identifiable living individual. It does not include data where the identity has been removed (anonymous data).
Information can have various ways of being obtained, including but not limited to a) information you provide us with and/or b) information that we collect;
We may collect, use, store, process and transfer different kinds of personal data about you which we have or may obtain such as Identity Data, Contact Data, Financial Data, Transaction Data, Technical Data, Profile Data, Usage Data, Marketing and Communication Data.
We also collect, use and share Aggregated Data such as statistical or demographic data for any purpose.
We collect information about criminal convictions and offences, politically exposed person “PEP”. OWM(Oriental Wealth Markets Limited) may run client/potential client details through international databases. OWM(Oriental Wealth Markets Limited) may also collect and process personal data which is lawfully obtained not only from you but from within OWM(Oriental Wealth Markets Limited) Brokers , or other third parties, e.g. credit reference agencies, public authorities, companies/persons that introduce you to us, companies that process card payments such as JCC Payment Systems Ltd. We may also collect and process personal data from publicly available sources, e.g. the Department of Registrar of Companies, the Land Registry, commercial registrars, the Press, media and internet, which we lawfully obtain and are permitted to process.
PURPOSE OF DATA COLLECTION/PERSONAL INFORMATION COLLECTION
When using the website as an example, details of your data are automatically registered by our server, such as your IP address, browser, the content you have visited, and how you landed on our pages, personal identification information, etc). In addition, we collect and store information such as your name, address, e-mail address, phone number, date of birth, gender and other data transmitted to us through completion of online forms, inserting information through the portal, and/or any other newsletters, product demos, etc.
The main purpose of collecting data is:
All personal data is stored in accordance with the applicable laws on data protection.
DISCLOSURE OF DATA
Your personal data will be kept confidential and will be treated as such, it is to be noted that OWM(Oriental Wealth Markets Limited) Brokers will only disclose website usage data and/or personal data, to third parties as permitted by law(s), where and if OWM(Oriental Wealth Markets Limited) Brokers is legally obliged to do so or if such disclosure becomes necessary to enforce OWM(Oriental Wealth Markets Limited)’s rights in particular to enforce claims arising from a contractual relationship, or required to comply with any judicial, and/or other proceedings, court order, legal process or pursuant to any governmental, intergovernmental and/or other regulatory bodies, whereby such disclosure may be executed by OWM(Oriental Wealth Markets Limited) without prior notice to you.
OWM(Oriental Wealth Markets Limited) Brokers will not be liable for unlawful or unauthorized use of your personal information/passwords/username/login, etc due to misuse or misplacement of your passwords, negligent or malicious intervention and/or otherwise.
Your personal data may be shared within OWM(Oriental Wealth Markets Limited) Brokers and may be also disclosed to (but not limited to) business introducers, affiliates, , or other third party service providers in order to process obligations arising from the agreement, financial institutions, banks, other similar organizations that we deal with in course of corporate business, external service providers and professional advisers, which may be located overseas, such as auditors, lawyers and accountants, any third parties where this is necessary to process a transaction or provide services which you have requested or for trade reporting purposes.
MONITORING AND RECORDING
OWM(Oriental Wealth Markets Limited) Brokers will as required by the Law, monitor and record any communication you have with us whether in writing, by phone or by electronic mail.
OWM(Oriental Wealth Markets Limited) Brokers takes all appropriate security measures to ensure that the personal data/data collected and stored in connection with your visit to the website and/or in relation to the services and products provided by OWM(Oriental Wealth Markets Limited) Brokers is protected against any unauthorized access, misuse, loss and/or destruction.
OWM(Oriental Wealth Markets Limited) Brokers uses physical and electronic security measures, including but not limited to the use of firewalls, personal passwords, encryption and authentication technologies. OWM(Oriental Wealth Markets Limited) Brokers’ employees and service providers are bound by professional secrecy and must comply with all data protection provisions.
It is to be noted, that access to personal data is restricted to specific employees, contractors and third party service providers who require this access in order to process the agreement between OWM(Oriental Wealth Markets Limited) Brokers and you, all on a “need to know” basis and to be able to execute all obligations emanating from the agreements in place.
It should be noted that data transmitted via an open network like the Internet cannot be fully protected from third-party access, although we take the best possible precautions to avoid any leakage of information/data.
Any transmission of data via the internet is at your own risk, although we will exercise all ways in order to protect your personal data. Please note that all your actions while using this website may be recorded and analyzed for various purposes, including security, marketing and system monitoring purposes.
OWM(Oriental Wealth Markets Limited) Brokers adheres to strict security standards using the most up to date security technologies.
If you do not wish to receive cookies, you may be able to change the settings of your browser to refuse all cookies or to have your device notify you each time a cookie is sent to it, and thereby the choice to accept it or not.
It is strongly recommended that you allow cookies on our website to ensure you have best possible experience. Disabling the cookies may result in reduced performance of the website and trading platform and may also impair the quality of the services that we provide you in relation to your account with us.
THIRD PARTY LINKS
The use of this website shall be governed by the laws of Vanuatu and/or the applicable law of the entity in which the User proceeds to open account with based on written agreement.
OWM(Oriental Wealth Markets Limited) Brokers will keep your personal data/data for as long as we have a business relationship with you (as an individual or in respect of our dealings with a legal entity you are authorized to represent or are a beneficial owner), and in accordance with the minimum period of retainment of personal data depending on the agreement executed by the User and the legal entity within OWM(Oriental Wealth Markets Limited) Brokers.
OWM(Oriental Wealth Markets Limited) Brokers shall not be required to delete data made pursuant to automatic archiving and back-up procedures in its IT systems, where a deletion is not possible or not possible without commercially unreasonable efforts.
For prospective clients, personal data (or authorized representative/agents/or beneficial owners of a legal entity prospective client), OWM(Oriental Wealth Markets Limited) Brokers keeps your personal data for as long as legally entitled to, unless you have officially requested deletion from the records.
Ownership of Website and Legal background
OWM (Oriental Wealth Markets Limited) is a broker registered in Vanuatu, VFSC supervision number 40299.operates the website www.owmtrade.com
All Intellectual Property within and arising from the website is owned by OWM(Oriental Wealth Markets Limited)Brokers, and OWM(Oriental Wealth Markets Limited)Brokers reserves all rights therein. These terms are supplementary to any agreements and other legal documents.
Access & Use of the Website & Disclaimer
By accessing and or using the website and the services and products so offered, the User of the Website, agrees to be bound by the terms and conditions herein and arising from the use of the website, at any given time, in any given location and in accordance with the entity in which the User will proceed to open accounts with. OWM(Oriental Wealth Markets Limited)Brokers reserves the right to use its discretion to suspend, modify, amend and or cancel any access to the website, or any part thereof, including the products and services so offered through the website. OWM(Oriental Wealth Markets Limited)Brokers may change the terms and conditions, information and materials within the website, at any time and may without prior notice to the user and therefore it is for the user to stay up to date with all information and or changes to the website.
The user assumes the responsibility and obligation to ensure compliance with the laws, by laws, regulations, directives if any, applicable in the user’s country of residence. The user of the website will be held responsible for any unauthorized use of the website or any illegal acts related to the website.
The user understands and agrees, that the website is not a solicitation to buy nor is it an offer to sell any products and services, to any (legal) persons, in any jurisdictions, where such products and services would be considered as unlawful/prohibited, under the laws of such specific jurisdictions. Therefore it is the user’s responsibility to comply with such laws in the respective jurisdictions, and in such cases the user will hold OWM(Oriental Wealth Markets Limited)Brokers harmless from any and all consequences, damages, and or liabilities that may occur as a result and or arising from such prohibitions.
Trading in financial instruments can result in both losses as well as profits and the investments can be lost. Before investing, the user must consider available resources, level of experience and risks involved, and is free to obtain the advice from financial/tax/legal advisors), as the case may be.
OWM(Oriental Wealth Markets Limited)Brokers does not guarantee that access to the website and or any of the products and services will be available at all times, or in any jurisdiction at any specific time. OWM(Oriental Wealth Markets Limited)Brokers will not be held liable for any consequential, incidental, special, punitive, or exemplary damages of whatsoever nature, arising out of any use and/or inability to use the Website and/or any of the products and/or services, nor will OWM(Oriental Wealth Markets Limited)Brokers be held liable to the User for any lost profits, trading losses, damages that may result from use and/or loss of use of the Website and/or third party content, any inconvenience and/or delay, including any loss resulting from a cause over which Company has no control over, including failure of communication lines. By using the Website, the User agrees to indemnify and hold OWM(Oriental Wealth Markets Limited)Brokers , entities of the Group of Companies, and/or third party providers (if any), harmless from and against any and all claims, losses, liabilities, costs and expenses (including but not limited to attorneys’ fees) arising from the use of the Website, and/or any violation of the terms and conditions.
Insider trading and/or any other form of market abuse is strictly prohibited and any such acts will justify the immediate suspension of the activities. OWM(Oriental Wealth Markets Limited)Brokers reserves the right to report such activities to relevant authorities and disclose relevant information regarding such acts and/or regarding any suspicious and/or abusive use of the Website, services, products and/or any platforms provided through the Website.
Data and Confidentiality
Data provided via the Website is intended only for informational and private use purposes. The User may obtain the advice of independent investment, financial, legal and tax advisors, if desired, before proceeding with an investment. All information provided via the Website should not be read, interpreted or construed as providing any investment advice and/or solicitation by OWM(Oriental Wealth Markets Limited)Brokers nor any of the entities within the Group of Companies, its Employees, Officers, Directors, Affiliates, Agents, Service Providers and/or Licensors. This Website does not take into consideration any investment goals, financial situation and/or specific requirements of any User. Any person and/or entity should carefully consider their financial circumstances prior to entering into any transactions, investments and/or Agreements.
The User understands and consents to the storage and processing of data in accordance with the applicable laws, and that OWM(Oriental Wealth Markets Limited)Brokers treats this data with the strictest confidentiality unless required to be disclosed by the supervisory bodies, competent authorities, court order, legal request/legal obligation subjecting OWM(Oriental Wealth Markets Limited)Brokers or the entities within the Group of Companies, to make such disclosure.
The User is responsible and assumes all risks associated with the use of and storage of information on User’s electronic devices where through access and use of the Website is made.
It is the User’s responsibility to keep any account numbers and/or passwords and/or logins confidential at all times. User authorizes OWM(Oriental Wealth Markets Limited)Brokers and entities within the Group of Companies to act in good faith on any instructions received from the authorized email address.
OWM(Oriental Wealth Markets Limited)Brokers may use “Cookies”, which are minute files containing information that websites use to track visitors of the Website. OWM(Oriental Wealth Markets Limited)Brokers measures the activity of the Website through the use of “Cookies”. OWM(Oriental Wealth Markets Limited)Brokers may access Cookies on the User’s Computer in order to obtain information related to which website, banners and/or advertisements guided the User to OWM(Oriental Wealth Markets Limited)Brokers ’s Website. Details transmitted through Cookies shall not be used for any direct promotional and/or marketing purposes without the User’s Prior Consent.
Payment and Safety of Funds
The User is bound by any of the agreements signed, and in turn agrees and accepts to the online payment methods offered by OWM(Oriental Wealth Markets Limited)Brokers. Deposits and Withdrawals of Funds are executed as per the agreements entered into by the User and OWM(Oriental Wealth Markets Limited)Brokers. Withdrawals of funds are affected only upon the reception and approval of such requests by the entity and in accordance with the time frame, if any, of the payment providers.
OWM(Oriental Wealth Markets Limited)Brokers, deals with several reputable banks and client funds are held in segregated accounts, ensuring the continued safety of funds.
Linked Sites and Limitation of Liability
Access to the Website is provided on a “non-exclusive”, “non-transferable” basis and is in compliance with the terms and conditions, in addition to any other agreements signed by the User. The Website may contain hyperlinks to third-party websites, and as such, OWM(Oriental Wealth Markets Limited)Brokers and related entities, shall not be held accountable for the content and/or accuracy of information of any of those websites, and as such OWM(Oriental Wealth Markets Limited)Brokers does not endorse the contents within such websites. The Website is provided to the User on an “AS IS” and/or “AS AVAILABLE” basis. OWM(Oriental Wealth Markets Limited)Brokers does not provide any warranties and/or guarantees of any kind.
OWM(Oriental Wealth Markets Limited)Brokers, including its Employees, Officers, Directors, Affiliates, Agents, Service Providers and Licensors, does not warrant the accuracy, adequacy, completeness of the information, products and/or services within the Website, and expressly disclaims liability for any errors, interruptions, losses, damages, or inaccuracies in the information, products and/or services provided through the Website
Applicable Law and Jurisdiction
The access and use of the Website, is governed by the laws of Vanuatu and the User submits to the non-exclusive jurisdiction of the Vanuatu Court or any of the applicable Court and/or Laws of any of the group entities registered in any other jurisdiction as the case may be or where the cause of action arose/may arise.
In the event that any term or condition is deemed invalid or unenforceable, such term or condition will be declared invalid and excluded, however, the remaining provisions will remain with the full force and effect. The User may contact the OWM(Oriental Wealth Markets Limited)Brokers in order to lodge a formal complaint as per the details displayed on the Website, such complaint should be lodged within a reasonable time, and OWM(Oriental Wealth Markets Limited)Brokers undertakes to investigate such complaint and revert to the User with a decision.
Any translations of the contents of the Website including products and/or services provided through the Website is made as a goodwill for the convenience of the Users. In the event of a dispute between the various language versions, the “English Version” of the Website shall always prevail.
OWM (Oriental Wealth Markets Limited) is a broker registered in Vanuatu, VFSC supervision number 40299. The following risk statement customers need to know。
Trading in financial instruments is not suitable for many members of the public. The possibility exists that funds used for such trading in financial instruments sustain a loss of some or all of your investment. It is advisable to carefully consider whether trading in financial instrument(s) is appropriate for you in light of the experience, objectives, financial resources and any other relevant circumstances. You should understand all risks involved with trading in financial instruments and if necessary, seek for an independent advice.
Entering into any transactions in financial instruments is carried out voluntarily and at your own risk. There are high risks involved in trading and profit(s) from trading are not guaranteed whereas the past result(s)/historical performance do not assure/represent the future results.
The risk is high that you can sustain losses/damages to all or some of the capital/monies invested. An investment in any financial instrument carries a high degree of risk and the money that is invested might not remain the same, whereas you undertake the risk of sustaining a loss/damage, whilst, at the same time, the possibility exists that a profit/return can materialize.
Trading on the electronic trading system(s) carries a high risk since there is a large exposure to risks associated to the online system, including but not limited to the failure of hardware and/or software. The result of any system failure may be that your request is not executed according to instructions or not executed at all. All transactions effected are at your sole risk and you shall be solely liable under all circumstances. OWM(Oriental Wealth Markets Limited) Brokers , will not be held responsible for any delays in transmission, delivery or execution of your request(s) due to malfunctions of communications facilities or other causes.
The market conditions and the operation of the rules of certain markets, trading hours, dealing room hours and so forth, may increase the risk of loss because of the difficulty to effect transactions or liquidate/offset open positions. The Company may be unable to execute your instructions at the requested level.
Trading with Financial instruments on margin carries a high level of risk which can work both, to your advantage and disadvantage.
In certain cases, the protection of your money transferred for purposes of trading in Financial instruments, may have an impact in the event of the specific firm/company going insolvent/bankrupt. Specific legislation or local rules may govern the extent to which you may recover money. In some jurisdictions, property/money which has been specifically identifiable as your own property/money, will be appropriated in the same manner as cash for purposes of distribution in the event of a shortfall.
You understand that commissions, fees and other charges may be applicable, and as such these charges will affect/reduce the profit (if any), or increase the loss. Before trading in financial instruments, you should make yourself aware of all charges for which you will be liable, whether such charges are at predetermined amount or variable.
You understand that the profit or loss for transactions in foreign currency-denominated contracts will be affected by the fluctuations in currency rates when there is a need to convert from the currency denomination of the contract into another currency.
You understand that OWM(Oriental Wealth Markets Limited) Brokers does not guarantee access to the Website and/or any of the products and/or services to be available at all times, or in any given location at any specific time.
All transactions effected for your account(s) are at your sole risk and you shall be solely liable under all circumstances. OWM(Oriental Wealth Markets Limited) Brokers will not be held responsible for any delays in transmission, delivery or execution of your request(s) due to malfunctions of communications facilities or other causes.
The Company may, in its reasonable opinion, determine that an emergency or an exceptional market condition exists (a “Force Majeure Event”). A Force Majeure Event shall include but is not limited to the following – “any act, event or occurrence (including without limitation any strike, riot or commotion, interruption or power supply or electronic or communication equipment failure).In the event of such a situation, all disposal rights belong to OWM (Oriental Wealth Markets Limited).
You understand that there is the risk that the Financial instruments may be or become the subject to tax and/or any other applicable due amount(s) as per legislation, which will become your responsibility to carry out.