1. Introduction
STAR FINANCE LTD (trading as Star Funded) ("we," "us," or "our") is committed to protecting and respecting your privacy. We are a company registered in the United Kingdom.
This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website starfunded.com (the "Site") and use our services, including our trading challenges and evaluation programs (the "Services").
By accessing the Site or using our Services, you agree to the collection and use of information in accordance with this policy.
2. Information We Collect
We collect several types of information from and about users of our Site, including:
2.1. Personal Identification Information
Registration Data: Name, email address, mailing address, phone number.
Identity Verification (KYC/KYB): To comply with legal obligations and Section 11 of our Terms of Service, we collect government-issued IDs (Passport, National ID card, Driver's License), proof of residence, and in some cases, biometric data via video verification.
2.2. Financial and Transaction Data
Payment Information: We do not store full credit card numbers on our servers. Payment data is encrypted and processed by third-party payment providers (such as Rise).
Transaction History: Details of payments to and from you, including the purchase of Challenges and withdrawal requests.
2.3. Trading and Usage Data
Trading Activity: As part of the evaluation process, we record and analyze all trading data, including order history, open/close times, lot sizes, profit/loss, and adherence to trading rules (e.g., daily loss limits).
Technical Data: Internet Protocol (IP) address, login data, browser type and version, time zone setting, operating system, and platform.
3. How We Use Your Information
We use the data we collect for the following specific purposes:
- Service Delivery: To provide the trading platform, dashboard access, and customer support.
- Identity Verification: To process KYC/CDD (Customer Due Diligence) checks as strictly required by Section 11 of our Terms of Service to prevent fraud, money laundering, and underage usage.
- Performance Evaluation: To monitor your trading performance against our rules (consistency, risk management) and determine eligibility for funding or payouts.
- Risk Management: To detect prohibited trading practices (e.g., latency trading, group trading, arbitrage) as outlined in Section 14 of our Terms.
- Transaction Processing: To manage payments for registration fees and process withdrawal requests.
- Communication: To send you account updates, security alerts, and support messages.
4. Legal Basis for Processing
Under UK data protection laws, we rely on the following legal bases to process your data:
- Contractual Necessity: To fulfill the Terms of Service agreement you enter into when registering.
- Legal Obligation: To comply with anti-money laundering (AML) and KYC regulations.
- Legitimate Interests: To prevent fraud, ensure network security, and improve our services.
5. Sharing Your Information
We may share your information with:
- Service Providers: Third-party vendors who provide infrastructure, payment processing (e.g., Rise), KYC verification services, and IT support.
- Legal Authorities: If required by law, court order, or governmental regulation, or if necessary to investigate fraud or violations of our Terms of Service.
- Business Transfers: In connection with any merger, sale of company assets, or acquisition of all or a portion of our business by another company.
Note: We do not sell your personal data to third parties for marketing purposes.
6. International Data Transfers
As a UK-based company with a global client base, your information may be transferred to, and maintained on, computers located outside of your state, province, country, or other governmental jurisdiction. If we transfer data outside the UK/EEA, we ensure a similar degree of protection is afforded to it by ensuring at least one of the following safeguards is implemented:
- Transferring to countries deemed to provide an adequate level of protection.
- Using specific contracts approved for use in the UK/EU (Standard Contractual Clauses).
7. Data Security
We implement appropriate security measures to prevent your personal data from being accidentally lost, used, or accessed in an unauthorized way.
- Encryption: Payment card data is always encrypted during transmission (TLS/SSL).
- Access Control: Access to your personal data is limited to employees, agents, and contractors who have a business need to know.
8. Data Retention
We will only retain your personal data for as long as necessary to fulfill the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements.
- KYC Documents: Retained for the duration of the business relationship plus a statutory period required by AML laws.
- Trading Data: Retained to maintain a historical record of performance and disputes.
9. Your Legal Rights
Under certain circumstances, you have rights under data protection laws in relation to your personal data, including the right to:
- Request access to your personal data.
- Request correction of your personal data.
- Request erasure of your personal data (subject to legal retention requirements).
- Object to processing of your personal data.
- Request restriction of processing your personal data.
- Request transfer of your personal data.
To exercise any of these rights, please contact us at contact@starfunded.com.
10. Third-Party Links
Our Site may include links to third-party websites, plug-ins, and applications. Clicking on those links may allow third parties to collect or share data about you. We do not control these third-party websites and are not responsible for their privacy statements.
11. Contact Us
If you have any questions about this Privacy Policy or our privacy practices, please contact us:
Company Name: STAR FINANCE LTD
Email: contact@starfunded.com
Website: www.starfunded.com