Privacy Policy
We prioritize your privacy and are dedicated to safeguarding it by adhering to this privacy policy (“Policy”). This document outlines the types of information we might collect from you or that you might provide (“Personal Information”) on the mr7trade.com website (“Website” or “Service”) and any related products and services (collectively, “Services”). It also describes how we collect, use, maintain, protect, and disclose that Personal Information, as well as the choices available to you regarding our use of your Personal Information and how you can access and update it.
This Policy constitutes a legally binding agreement between you (“User”, “you” or “your”) and MR7Trade (referred to as “MR7Trade”, “we”, “us” or “our”). If you are agreeing to this Policy on behalf of a business or another legal entity, you represent that you have the authority to bind that entity to this Policy. In such cases, the terms “User”, “you” or “your” will refer to that entity. If you do not possess such authority or do not agree with the terms of this Policy, you must not accept this Policy and may not access or use the Website and Services. By accessing and using the Website and Services, you acknowledge that you have read, understood, and agree to be bound by the terms of this Policy. This Policy does not apply to the practices of companies we do not own or control, or to individuals we do not employ or manage.
Collection of Personal Information
You can access and use the Website and Services without revealing your identity or any information that identifies you as a specific, identifiable individual. However, to use certain features on the Website, you may need to provide certain Personal Information (such as your name and email address).
We receive and store any information you knowingly provide to us when you create an account, make a purchase, or fill out any forms on the Website. When necessary, this information may include:
- Account details (e.g., user name, unique user ID, password)
- Contact information (e.g., email address, phone number)
- Payment information (e.g., credit card details, bank details)
- Geolocation data of your device (e.g., latitude and longitude)
You may choose not to provide us with your Personal Information, but this may prevent you from taking advantage of some of the features on the Website. Users who are unsure about what information is mandatory are welcome to contact us.
Privacy of Children
We do not knowingly collect any Personal Information from children under the age of 18. If you are under 18, please do not submit any Personal Information through the Website and Services. If you believe a child under 18 has provided Personal Information to us, please contact us to request the deletion of that information.
We encourage parents and legal guardians to monitor their children’s Internet usage and help enforce this Policy by instructing their children never to provide Personal Information through the Website and Services without permission. Parents and legal guardians should take necessary precautions to ensure that their children are instructed not to give out Personal Information when online without their permission.
Use and Processing of Collected Information
We act as both a data controller and a data processor in terms of the GDPR when handling Personal Information, unless we have entered into a data processing agreement with you, in which case you would be the data controller and we would be the data processor.
Our role may vary depending on the situation involving Personal Information. We act as a data controller when we ask you to submit your Personal Information that is necessary to ensure your access and use of the Website and Services. In this capacity, we determine the purposes and means of processing Personal Information and comply with data controllers’ obligations under the GDPR.
We act as a data processor when you submit Personal Information through the Website and Services. We do not own, control, or make decisions about the submitted Personal Information and process it only according to your instructions. In this case, the User providing Personal Information acts as the data controller under the GDPR.
To make the Website and Services available to you or to fulfill a legal obligation, we may need to collect and use certain Personal Information. If you do not provide the requested information, we may not be able to provide you with the requested products or services. The information we collect from you may be used for the following purposes:
- Creating and managing user accounts
- Delivering products or services
- Sending marketing and promotional communications
- Sending product and service updates
- Requesting user feedback
- Improving user experience
- Enforcing terms and conditions and policies
- Protecting from abuse and malicious users
- Responding to legal requests and preventing harm
- Running and operating the Website and Services
The processing of your Personal Information depends on how you interact with the Website and Services, your location, and whether one of the following applies: (i) you have given consent for specific purposes; this does not apply when processing Personal Information is subject to European data protection law; (ii) provision of information is necessary for the performance of an agreement with you and/or for any pre-contractual obligations; (iii) processing is necessary for compliance with a legal obligation to which you are subject; (iv) processing is related to a task carried out in the public interest or in the exercise of official authority vested in us; (v) processing is necessary for the legitimate interests pursued by us or by a third party.
We rely on the following legal bases under the GDPR for collecting and processing your Personal Information:
- Your consent
- Performance of a contract
- Our legitimate interests
In some legislations, we may process information until you object to such processing by opting out, without having to rely on consent or any other legal basis mentioned above. We are happy to clarify the specific legal basis that applies to the processing, and whether the provision of Personal Information is a statutory or contractual requirement, or necessary to enter into a contract.
Payment Processing
For Services requiring payment, you may need to provide payment information.