Last updated: January 2025

Privacy Policy

How we collect, use, and protect your personal data

Table of Contents

When using our services, we process personal data of our customers ("you", "your" or the "Customer"). This Privacy Policy (the "Policy") provides you with information about how your data are processed.

When using our services, we process personal data of our customers ("you", "your" or the "Customer"). This Privacy Policy (the "Policy") provides you with information about how your data are processed.

In this Privacy Policy, you will find information regarding the following:

1. WHO IS THE CONTROLLER OF YOUR PERSONAL DATA AND WHOM TO CONTACT?

The controller of personal data is DKZ INFORMATION TECHNOLOGY SERVICES L.L.C

RAG Tower, Al Barsha 1, Dubai, UAE

Registration number: 2701441

Registered in the United Arab Emirates

You can contact DKZ INFORMATION TECHNOLOGY SERVICES L.L.C at the above address or at privacy@dolvero.com regarding any questions and the exercise of rights relating to the processing of your personal data.

Privacy Contact Email: privacy@dolvero.com

2. WHAT INFORMATION DO WE COLLECT ABOUT YOU AND HOW DO WE OBTAIN IT?

In this section, you can read general information about which of your personal data we collect and how we collect it. Detailed information on the purposes for which we process personal data is given in Section 3 of this Policy. All information on the basis of which we can directly or indirectly identify you or which is related to you is considered personal data.

Data that you provide to us yourself

We obtain most of the data we collect about you directly from you in connection with your use of our services. This includes, in particular:

  • Identification and contact data (name, surname, telephone number, e-mail address, postal address, date of birth, user name and password)
  • Payment data (bank details, transaction information)

Data that we automatically collect

When you use our services, we automatically collect certain information:

  • Device information (IP address, device type, operating system, browser, connection provider)
  • Website usage data (visit dates, times, duration, country, browsing history)
  • Service usage data (login/logout information, account settings, trading data)

Data from third parties

Some data about you is provided to us by third parties, such as providers of trading platforms that you choose for use of our services, and social network operators if you decide to link your social networking accounts to an account on the website. This includes:

  • Data about the simulated transactions you have completed (such as the type of financial instrument, time of opening and closing the position, amount of investment, profit and loss)
  • Data from social networks (user name, profile picture, e-mail address associated with the account on the social network)

3. HOW DO WE USE YOUR PERSONAL DATA?

We use personal data for the following purposes:

Registration and user account

In order to use the services, you must register on the website and create your account, and for this purpose we process your personal data.

Legal ground for the processing: Processing is necessary for the performance of the contract, and the provision of these personal data is required, as we cannot register your user account without them.

Provision of services and exercise of rights and obligations under the contract

In order to be able to provide you with our services, i.e. in particular to provide you with the relevant access, tools and support, and to carry out trades, we need to process your personal data.

Legal ground for the processing: Processing is necessary for the performance of the contract on the basis of which we provide our services, or on the basis of our legitimate interest.

Marketing communication about our services and products

If you are our current or past customer, we may from time to time send you marketing communications that relate to our services. We may also send you commercial communications to the extent to which you give us your consent.

Legal ground for the processing: If we have provided you with our services, we may from time to time send you marketing communications based on our legitimate interest. If you give us your consent to process your data for marketing purposes, then we process your data on the basis thereof.

Customer support and communication

If you use our customer support services, we will process your personal data.

Legal ground for the processing: Processing is based on our legitimate interest, namely in maintaining customer satisfaction and supporting the use of our services.

Improving services

If you use some of our services, we will process your personal data in order to develop, test and enhance the services and improve their security.

Legal ground for the processing: Processing is based on our legitimate interest, namely in improving our services.

Analytics

To obtain information about how our website and our services are used, we analyse customer behaviour.

Legal ground for the processing: Processing is based on our legitimate interest, namely in ascertaining customer behaviour and estimating customer preferences.

4. HOW DO WE STORE PERSONAL DATA AND HOW ARE THEY SECURED?

Data Storage

We process your personal data in an encrypted database on computers and other devices.

Security Measures

In order to ensure protection against unauthorised access or unauthorised alteration, disclosure or destruction of the data that we collect and process, we have adopted organisational and technical measures to secure them, which we strictly adhere to.

5. HOW LONG DO WE PROCESS YOUR DATA?

Personal data are processed to the extent necessary to fulfil the purposes described above and for the time necessary to achieve those purposes or for a period directly stipulated by law. Thereafter, the personal data are deleted or anonymised. We process personal data for the following periods of time:

Contract Data

For the purpose of performance of the contract and for the exercise of rights and obligations in connection with the contract, including any complaints, settlement of damage claims or related litigation, personal data are processed for the necessary period of time, but not more than 10 years from the termination of the last contract.

Marketing Data

For the purpose of sending business communications without your given consent, personal data are processed for a maximum of 5 years from the expiry of the last contract between us or until you raise an objection or unsubscribe from the business communications.

Service Improvement

For the purpose of enhancing our services, we usually process personal data for a maximum period of 6 months.

Legal Requirements

In order to fulfil our legal obligations, we process personal data for the period set out by the relevant legal regulations.

6. DATA SHARING AND TRANSFERS TO THIRD COUNTRIES

We make your data available or transfer them to persons that help us provide our services, in particular the following persons:

Service Providers

  • The trading platform provider, in order to enable you to perform the simulated trades.
  • Other third parties that help us run our website and provide our services (such as hosting and cloud service providers, payment system operators and financial institutions, providers of customer support tools and services, IT companies and system administrators, marketing and communication agencies, consultants and postal service providers).

Legal Requirements

In addition, we may transfer your data to persons in respect of which you give your consent thereto, as well as in the cases where it is our obligation under the law or under a judicial or any other legally binding decision. Each such entity to whom personal data are transferred is contractually obligated to protect your personal data in accordance with legal provisions and to process the data exclusively according to our instructions.

Third Party Controllers

Certain third parties collect personal data for their own purposes as controllers. In such a case, their own rules for the processing of personal data shall apply.

7. YOUR RIGHTS

You can exercise all your rights mentioned below, including your right to erasure of personal data and the withdrawal of your consent, by sending a request to us via email at privacy@dolvero.com. There are no specific words that you must use in your request, but please be specific enough, so we can help you with your request.

Right of access to personal data

You can ask us at any time to send you a confirmation as to whether or not your personal data are being processed. If we process your data, we will provide you with further details on the processing. If you request it, we will also provide you with a copy of the personal data processed.

Right to rectification of personal data

If we process your personal data inaccurately, you can notify us of this fact, and we will rectify the inaccurate personal data without undue delay.

Right to erasure of personal data ("right to be forgotten")

You have the right to obtain from us the erasure of personal data concerning you without undue delay in certain cases, such as when the data are no longer necessary, when you withdraw your consent, or when the data are processed unlawfully.

Right to restriction of processing

In certain cases, you have the right to obtain from us restriction of processing of your personal data for a certain period.

Right to data portability and to the provision of data in a machine-readable format

In the case of automated processing based on your consent or performance of the contract, you have the right to receive the data in a structured, commonly used and machine-readable format and to have them transmitted by us to another personal data controller.

Right to object

If we process personal data on the basis of our legitimate interest, you have the right to object to such processing. If you file such an objection, we will not be able to process your personal data unless we demonstrate compelling legitimate grounds for the processing.

Right to withdraw consent

If processing is based on your consent, you have the right to withdraw that consent at any time. Withdrawal of consent does not affect the lawfulness of processing based on the consent given before its withdrawal.

Right not to be the subject of automated decision-making

Except where processing is necessary for entering into, or performance of, a contract, where this is permitted by applicable law, or based on your express consent, you have the right not to be the subject of any decision which is based solely on automated processing.

8. FINAL PROVISIONS

We may change this policy unilaterally, but we will do so only when necessary and we will notify you about such change. You can find the latest version of this policy on our website.

Questions About Your Privacy?

If you have any questions about this Privacy Policy or how we handle your personal data, please don't hesitate to contact us.

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