OptionWeb | Privacy policy
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Privacy policy

LIONSMAN CAPITAL MARKETS (CYPRUS) LTD (“the Company”) is an Investment Firm incorporated and registered under the laws of the Republic of Cyprus, with registration number HE 279944. The Company is authorized and regulated in Cyprus by the Cyprus Securities and Exchange Commission (hereinafter referred to as “CySec”) and subject to CySec rules, with CIF license number 175/12.  The Company does its utmost to ensure the privacy, confidentiality and security of its clients are preserved both throughout their interaction with the company and afterwards, to the fullest extent achievable by the Company.


The Company provides services through the use of numerous platforms and under the domain of www.OptionWeb.com (hereinafter referred to as “Optionweb.com”).
The Privacy Policy applies to all clients equally whether they are former, present or future clients of the Company.

Collection of personal information

When clients register with OptionWeb they acknowledge their willingness to share with the Company certain private information, which we use for the purpose of confirming the client’s identity and ensuring the security of their deposits and trading account. This information is collected in line with our stringent verification procedures, which are used to deter international money laundering operations and to ensure the security and safety of our customer’s trading activity throughout.

Our clients undertake to supply us with true, updated and accurate information about their identity. Furthermore, they are required to state categorically that they are registering and trading on their own behalf and are not seeking at any time to act in any manner, which could be considered fraudulent nor are they seeking to impersonate any other individuals for any purposes whatsoever.

The Company data collection procedures include the collection of client’s freely disclosed information as shared with the Company, in addition to the placement of cookies for the purposes of gathering data about the manner in which client’s interact with the Company’s website. These tools for gathering client’s information are employed for the purpose of ensuring the customer’s own security and all data collected by the company is shared only with individuals within the company who are involved with the verification of customer account information for the express purpose of ensuring the customer’s confidentiality and security. The client has the option to accept or decline cookies. Most web browsers automatically accept cookies but the client can modify his browser to decline cookies if he so prefers. As a result, this may prevent client to take full advantage of the website.

Sharing information third parties

We will never disclose any private or otherwise confidential information in regards to our clients and former clients to third parties without the express, written consent of our clients, except in such specific cases in which disclosure is required by law, or is otherwise necessary in order to perform verification analysis on the client’s identity for the purposes of safeguarding their account and securing their personal information. We may also disclose the clients’ personal information to third parties in order to fulfill the client’s instructions or subject to the client’s written consent. The confidential nature of the information shall be expressly notified to the third party.

Use of personal information

By registering with OptionWeb.com and through the voluntary interaction by which clients undertake with the Company’s products and services, the clients confirm and agree that they consent to the use of all or part of the information they supply concerning their Company’s trading account, the transactions they undertake through it and the interactions, which they perform with the Company on behalf of the Company. All interactions the customer undertakes with the Company will be stored by the Company for the purposes of record and as such may be employed by the Company in such cases that disputes arise between clients and the Company.

From time to time the Company may contact clients whether by phone or email for market research purposes and for the purpose of offering them further information about the Company’s binary options trading or financial market trading. In addition, the Company may, on occasion, seek to contact clients, whether by phone or by email, for the purpose of informing them of unique promotional offerings provided by the Company to its clients. Clients’ consent to the receipt of such contact when they consent to the terms and conditions of use when registering with OptionWeb.com.

Security of clients’ personal information

The Company does its utmost to ensure the confidentiality of its clients’ personal information including the implementation of data protection procedures designed to ensure client confidentiality. The Company takes the necessary measures to protect any personal information of its clients from loss, theft, misuse, and to prevent unauthorized access or disclosure, alteration or destruction.

The Company further ensures that its data protection policy is regularly updated in order to ensure that client’s confidential information is continually safeguarded.

Opt out

Any person wishing to opt out of further contact with the Company at anytime whatsoever is entitled to do so, simply by contacting the company by email at [  ] / following the instructions included in each communication and requesting that no further contact on behalf of the company be made.
 
Changes to Private Policy

The Company reserves its right to modify or amend this privacy policy at any time at its sole discretion, in particular, to reflect company and customer feedback. The Company encourages clients to frequently review this privacy policy to be informed on how their information is protected.  

Contact Information

In case of any queries or comments in relation to this privacy policy, please do not hesitate to contact us via email at [email protected] or phone at (00357) 25-761122.

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