Privacy Policy
Last update: 30/9/22
We (referred to as “Us”, “Our” or “We”) are dedicated to protecting your personal information along with your privacy.
This Privacy Policy aims to notify you about how we gather and keep the details you submit via the website Element Wystrax (the “website”).
The following values will be upheld: .
- To ensure clarity on how your personal data are collected and handled:
We aim to empower you to make knowledgeable decisions concerning personal data handling. That's why we've established our platform. To achieve this, we utilize various strategies and protocols to supply you with pertinent details about personal data usage.
Should we determine that you need certain specifics, we'll share details with you at the suitable moment and place.
We are pleased to address any inquiries you might have and will offer any necessary explanations regarding any legal constraints. You can contact us via email at the following address: info@ Element Wystrax .com.
- Individual information will exclusively serve the objectives outlined in the policy.
We may handle your Personal Data for various purposes, including providing the website to you and linking you with external trading platforms (the 'Services'), improving the site, safeguarding our rights and interests, supporting the upkeep and delivery of the services, fulfilling any legal or regulatory demands, and carrying out administrative and business tasks to better the provision and use of these services.
We also handle personal data to gain a clearer insight into your tastes and requirements.
- Utilize key instruments to safeguard your rights concerning personal information.
To facilitate your rights, we've allocated significant resources. Reach out to us whenever you need access to information about your personal data. We'll amend or erase it, cease its use for specific or general objectives, or transfer it to you or a third party. We are fully prepared to meet your requests.
- Protect your private information:
Although absolute security of your personal information cannot be promised, rest assured that we will persist in utilizing a range of strategies and practices to safeguard your personal information.
Our policy on privacy and security is finalized.
1. The Scope?
This policy outlines the categories of personal information the company gathers from individuals and details how it manages, distributes to third parties, and secures these processes, among other actions.
This document addresses data linked to a known or knowable individual. An individual from South Africa is identifiable when they can be recognized outright or when combined with other details we possess or can obtain.
The Policy describes “processing” as any operation involving personal data. This encompasses the handling, organizing, and preservation of personal data.
Our offerings cater to a broad audience and aren't made for those below 18 years. We don't intentionally collect or solicit details from individuals under 18. We don't knowingly permit these individuals to use our services. Should we uncover any data about minors, we will remove it promptly.
2. What information do we possess about you?
When you access our platforms or surf our site, we gather personal information. Sometimes, we may ask for your details directly. Alternatively, we obtain your information by evaluating how you engage with our services or platforms or via data shared by our partners based in South Africa.
3. Providing personal details to the organization is not mandatory, nor are the outcomes.
You’re not required to give us personal information. However, in some cases, you might not need to provide personal details, but this might limit our ability to deliver services or restrict user access to the website.
4. Which personal information can we collect? Upon accessing our site, we gather the following details about you: your personal data.
This encompasses details about your digital activity log, data on your web traffic (like IP address, time of access, and date of entry), the language chosen, software crash reports, the browser type, and data concerning the device utilized. This collected data is not personal information and is not used to identify you.
Your Personal Information: The personal details you voluntarily share with Us when accessing a third-party online trading platform via Our services.
Details you share directly with external platforms for transaction purposes: this includes your full name, residential address, contact number, and email.
5. The grounds for handling personal information and the justifications for such processing.
The company handles your personal information for the purposes outlined here, and in line with the relevant legal grounds.
Without a legal foundation, the company cannot utilize your personal information. The legal basis the company can rely on to handle your personal data includes:
- You have agreed to the handling of your personal details for one or multiple purposes. This occurs when you provide personal data through the website, allowing us to forward it to a third-party trading platform.
- The organization or an external entity might need to handle information to fulfill their valid interests. For example, it’s crucial to enhance our offerings or to protect against legal challenges.
- Legal requirements necessitate processing compliance.
Reach out to us via email to learn more about the procedures essential to protect the rightful interests.
Here is a collection of justifications and lawful bases for which we might utilize the details you share with us. Personal information.
To share your personal details with external entities upon your request to access digital trading platforms.
Should you request it, we might ask for your personal information to pass it on to external companies.
You have authorized the use of your personal information for one or several purposes.
To respond to your inquiries, personal information is required to assist with any questions you may have concerning the services offered.
The company’s valid interests or those of a third party require handling.
In order to fulfill legal duties or comply with regulatory, court, or legal processes, personal data is handled to satisfy the legal criteria.
To adhere to legal requirements, processing is necessary.
To Improve Our Offerings We may employ Personal Data to enhance Our Offerings. This encompasses, among other aspects, any error or failure reports gathered concerning the services.
The valid concerns of the organization or those of an external group require processing.
Prevent Deception and Misuse of Our Offerings
To execute and oversee tasks that align with our service criteria, these undertakings encompass administrative operations, growth initiatives, tactical planning, monitoring frameworks, and more.
The company's rightful interests or those of another party must undergo processing.
For decision-making across various matters, we utilize an array of analytical methods, such as employing statistical tools for comprehensive analysis.
The company's valid needs or those of another party must undergo processing.
To Protect Our Resources, Rights, and Interests, Along with Those of Others, We Have Implemented HTML0 to Initiate and Uphold Legal Claims. Personal Information Might Be Processed by Us to Defend Our Rights, Interests, and Resources, or Those of Other Parties, in Accordance with Any Relevant Laws, Regulations, or Agreements, including Any Conditions, Terms, or Policies.
The valid interests of the organization or those of a third party require handling.
6. Sharing of Personal Information with External Parties
The organization may share personal information with external partners offering us services, such as data hosting, storage solutions, IP address details, and evaluating user interactions.
You may also request us to share specific personal details about you with third-party trading platforms. In such cases, we will transfer the personal information you supply to us to these third-party trading venues. The handling of your personal information is governed by their privacy policies. Your personal data might be distributed to several trading platforms.
The organization might be permitted to disclose personal information to affiliated entities or business collaborators. This approach can equip the organization with the means necessary to advance and refine the offerings and benefits provided to its clientele.
If there arises a necessity to protect third-party rights or Company assets, it may share personal information with regulatory, local, or other official bodies in South Africa.
In addition, we might also disclose your personal information to prospective investors, acquirers, or to the company's lenders, or those of any affiliated company in the event a similar transaction occurs (including transferring or selling assets of the company or any affiliated firm) or as a part of any merger, reorganization, consolidation, or insolvency involving the company or another business within the group.
7. Biscuits and tools from external providers.
External providers, like those offering ads on our site or analytics agencies, might be engaged. These firms may also employ cookies or other similar technologies.
Each time you visit or use the website, small text files called cookies are stored on your gadget. They collect data about your preferences and browsing behaviors to enhance your experience, remember what you like, and tailor products and services that you might prefer. Cookies also play a role in gathering statistics and analyzing data.
Some cookies we implement are session cookies, which are temporarily saved on your device and disappear shortly after you close your browser. Another type is persistent cookies. These remain on your device even after you've closed your browser, designed to help the website recognize you as a recurring visitor and facilitate returning to the site.
Types of cookies:
Their utilization by us is contingent on their intended role.
Cookies are completely essential.
These cookies are essential for accessing the features you’ve requested and navigating our site. They deliver the data, products, and services you’ve inquired about.
They are essential for your gadget to acquire and stream content. This allows you to explore the site, use its functionalities, and revisit pages you've accessed before.
Cookies gather personal information, like your username, along with the last time you accessed the site to verify your login status.
They disappear when you shut your internet browser (temporary cookies).
Operation cookies.
Cookies enable us to identify you on each site visit and to store your settings and choices continually.
They remain valid until their expiration date and persist even after the web browser closes.
Performance cookies.
Cookies are utilized to collect statistical information on the site's functionality and to assist in its improvement. They also allow us to perform evaluations on our website.
Cookies collect anonymous information not linked to any specific or identifiable natural individual.
You can delete them when you exit your browser. Other cookies last indefinitely.
Cookies are restricted or deleted.
To alter or eliminate cookies, you'll need to adjust your browser settings. Here are links to support you with the steps for some of the most popular browsers.
- firefox
- Microsoft Edge
- Google Chrome
- safari
Be cautious that parts or all of the website's operations might not work as you anticipate if this occurs.
ONLINE TRACKING NOTICE
This service does not currently honor do-not-track requests.
8. Retention of Your Personal Information.
The Company aims to keep your personal information for as long as needed to achieve the reasons for processing it, as outlined in this policy, or for extended durations as allowed by legal standards, regulations, policies, and relevant directives.
We will provide your details to third-party trading platforms for up to 12 months. Should you consent, we plan to extend this data sharing for an additional year.
We routinely assess stored Personal Data to confirm it's no longer necessary.
9. Moving personal data to another nation or a global entity.
Your personal details might be moved to other nations, meaning your data could be sent to another country different from where you live, or to global entities. These global organizations or jurisdictions might access your information. The company implements all needed measures to safeguard the personal info you supply and ensures that data holders can exercise their rights and access efficient legal remedies.
These measures and protections are available to everyone living in the South African region.
- Transfer to a non-EU nation or global body which the EU Commission has recognized as offering sufficient protection for personal data transfer in line with article 45 (3) of Regulation 2016/679 of the European Parliament and of Council of 27 April 2016. (the “GDPR”).
- The transfer occurs in accordance with a legally obligatory and enforceable contract between governmental bodies or authorities in the context of South Africa, as per Article 46 (2) (a).
- The transaction adhered to standard data protection terms sanctioned by the South African Commission under Article 46 (2) (c) of the GDPR. You can review the terms sanctioned by the South African Commission at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
The organization can share details regarding the protective strategies it uses to secure your personal information when it's shared with countries or international bodies outside South Africa. Reach out by emailing info@wealthwaydigital.uk.
10. Safeguarding Personal Information.
We have implemented suitable organizational and technical measures to protect personal data. This involves preventing unintentional or unlawful destruction, loss, or alteration of personal data.
We cannot promise or assure that the protection of your personal information will be error-free. Nor can we be responsible for any non-physical, incidental, or consequential damages resulting from the use or exposure of personal data. While this covers various scenarios, it is not limited to data being exposed due to transmission errors, unauthorized third-party access, or any other reason outside our control.
Should legal responsibilities or uncontrollable circumstances arise, we might need to disclose your personal information to third parties, like public authorities. We cannot manage the protection of your personal data by these third parties under such conditions.
Transmitting personal data online is never entirely secure. The Company cannot guarantee the protection of personal information you send us via the Internet.
11. Links leading to third-party websites.
Hyperlinks to external sites and applications are available on our platform. These external resources operate independently and are not managed by our organization. We do not have any responsibility for the collection or use of personal information by these sites or apps. This Privacy Policy does not govern actions conducted on such platforms.
Before using any suggested third-party sites or apps, it's advisable to review their privacy policies. We also encourage you to share your personal information with them after doing so.
12. Changes to this Guideline.
This Policy is open to modifications at any moment. Should alterations occur, we will alert you by posting the revised policy on our site. Moreover, when making substantial changes, we will try to notify you through the channels we find suitable and will issue a notice on our website. Unless stated otherwise, any updates will take effect following the release of the updated policy.
13. Your entitlements regarding your personal data.
You have the right to ask us to confirm the correctness of the personal information we collect about you, correct any errors, and erase any unnecessary personal data. You can also limit the range of personal information processing activities.
For those residing in South Africa, kindly visit this link: .
You can access these entitlements concerning the details you share about your personal information. To exercise your privileges, you may send a request via email to the address listed below.
Access rights
The organization can confirm the correctness of your personal information being handled. If so, you have the right to view your personal details.
The Company aims to provide a digital version of the personal data it is currently handling and might levy a fair charge for any extra copies requested. This data will be accessible digitally upon your request.
The entitlement to obtain personal data should not infringe upon the rights and liberties of others. If the inquiry harms someone else's rights and freedoms, the organization may deny the request or restrict its ability to fulfill it.
Entitlement to correction.
The Company has the right to correct incorrect personal information. You are permitted to request the correction of any incomplete personal details pertaining to you, considering the purpose of processing.
Right to Erasure
The following reasons are relevant: (a) Personal information is no longer needed for the initial purposes of collection or processing; (b) You retract your consent and there's no lawful ground for processing; (c) You object at any given time, for a reason unique to your circumstances, to the processing of your personal data based on legitimate interests pursued by us or a third party; (e) Personal information is processed unlawfully or (f) Personal information must be erased to comply with the company's legal requirements.
This right does not apply when processing is essential (a) to meet a duty required by South African law or any law of its states; or (b) to establish, implement, or protect legal claims.
Handling limitations
If you're worried about the precision of your personal information, you may request the company to restrict how they handle your personal data.
If you request a restriction on personal data, it may be retained only with your permission or to establish, exercise, or defend legal claims, protect another person's rights, or if it serves a significant public interest in South Africa or a member state.
Entitlement to data transferability.
Should the procedure be executed by a machine-operated system and rely on your consent or a contract in which you partake, you have the legal entitlement to access the personal information you provided to the organization.
You have the right to request that your personal information be directly transferred from the business to another entity, if technically possible. Your rights under the right to deletion remain unaffected by your exercise of the right to data portability. The data transfer right does not infringe upon the rights or freedoms of others.
Right to challenge
You have the ability to contest any handling of your personal data based on legitimate interests of the company or a third party at any time. This also applies to profiling grounded merely on these legitimate interests. Should we demonstrate significant legitimate reasons for processing data, we cannot proceed unless you can prove that your rights, freedoms, or interests, or the exercise, establishment, or defense of legal rights override ours.
Regarding targeted advertising, you have the right to object at any point to the handling of your personal data.
Authority to decline agreement.
You can withdraw your permission for us to handle your personal information at any moment. This will not impact the validity or legitimacy of any processing actions taken based on your consent before this withdrawal.
You have the right to submit a grievance to the authority overseeing your matters.
You may submit an appeal to a regulatory body established by South Africa to protect individual rights concerning the handling of personal data within the nation.
Legislation in South Africa and its regions may restrict your personal data rights, as outlined in this section 13.
We will furnish you with the required details in accordance with the entitlements you possess under section 13 of this agreement within one month after your request is received. The timeline may be prolonged to a maximum of two months if necessary due to the nature of the request and volume of requests. Within a month of receiving your inquiry, we will inform you of any extension and the justifications for it.
Provided it does not conflict with section 13's stipulations, the information you seek under section 13 rights will be offered at no cost. If the request lacks justification or is overly demanding, especially if recurrent, a modest fee may apply to manage the administrative costs of providing the details or disclosing the requested action. We might also opt not to proceed.
Should there be uncertainty about the actual individual's identity who forwarded your request, the company may request additional details.