Privacy Policy

1. General

1.1. At NG Funding Ltd. (“we”, “NGF”, “us”, or “our”), we are protecting your Personal Data (as defined below) and ensuring your privacy. To uphold this commitment, it is essential for us to be transparent about how we manage the information we(or third parties acting on our behalf) collect from you (the “User”, “you”), when this information is collected, and how we utilize it.
1.2. This Privacy Policy (the “Policy”) outlines how we use the data collected from users of the website https://www.thenextgenfunding.com/ (the “Website”) and the various services provided by NGF through its related products and services (collectively referred to as the “Services”). By accessing and using the Website or the Services, you acknowledge that you have read, understood, and agree to adhere to the terms of this Policy.
1.3. This Policy is part of, and should be read alongside, our Terms & Conditions available on our website.
1.4. In this Policy, any reference to Personal Data refers to any information relating to an identified or identifiable natural person. An identifiable natural person is someone who can be identified, either directly or in conjunction with additional information that we possess or have access to.

2. When do we collect Personal Data about you?

2.1. We may collect Personal Data about you in the following situations:
2.1.1. When you access or use our Website.
2.1.2. When you engage with the Services.
2.1.3. When you interact with us in any way, such as sending messages through third- party messaging apps or through the Contact Us section or any other electronics means.

3. How do we store and secure Personal Data?

3.1. We handle your personal data in an encrypted database stored on computers and other devices. To protect this data from unauthorized access, modification, disclosure, or destruction, we have implemented both organizational and technical security measures, which we rigorously follow to ensure data protection.

4. Do I need to provide Personal Data to NGF?

4.1. You are not required to provide us with any Personal Data about yourself. However, in certain cases, failing to provide such information may hinder our ability to deliver the Services you requested or restrict your access to some features of the Services.

5. What types of Personal Data do we collect?

5.1. We may gather the following categories of Personal Data about you:
5.1.1. When you Register for our Services: When you create an account with us, you provide certain information that can identify you, including your full name, email address, and country of residence, as well as any additional information NGF may find necessary during registration. While some of this information is mandatory on the registration pages, others are optional, but we recommend completing all fields to ensure we can provide you with the best possible services.
5.1.2. When You Opt to Join the Evaluation Stage or Become a Funded User: When you use our services for simulated trading, we collect details such as your trading program, investment amount, payment method for receiving funds, and monitor your trading behavior for analytical purposes, strategy development, user evaluation, and fraud prevention.
5.1.3. KYC and AML information: We may require you to provide additional information to us or to third parties acting on our behalf to comply with Know-Your-Customer (“KYC”) and Anti-Money Laundering (“AML”) regulations and best practice.
5.1.4. Communication information: When you reach out to us through any channel, including the “Contact Us” section, or subscribe to our newsletter on the Website or social media platforms, you may share your full name, email address, and the content of your communication.
5.1.5. Information on Website or Services Usage: This includes data related to your online activity, such as traffic information (including your IP address, access times, dates, pages visited, language used, crash reports, browser type, and device information). Some of this data may not personally identify you and thus does not qualify as Personal Data.
5.1.6. Information on Website or Services Activity: We monitor your usage of the Website and record your activities whenever you use it. The information we collect includes actions you take on the Website or Services, such as trading data, time spent viewing content, and interactions with various features.
5.1.7. Aggregated Information: We will also generate statistical, aggregated, and anonymized data regarding our users and the Services for analytical purposes, including business development and service enhancement. This aggregated data, which does not identify any individual user, is shared with our third-party partners and is used to better understand our customer base and to improve and market our Services.

6. The Purposes of Processing of Personal Data

6.1. We process your Personal Data for one or more purposes specified in this section and in accordance with the relevant legal basis. We will not process your Personal Data unless there is a valid legal foundation for such processing. The legal bases under which NGF may process your Personal Data are as follows:
6.1.1. Legitimate Interests: Processing is necessary for delivering the Services or for other legitimate interests pursued by NGF or a third party. For example, we may use the data collected during your use of the Services to enhance our Website or Services, or to exercise or defend legal claims.
6.1.2. Consent: Your consent allows NGF to process your Personal Data for one or more specific purposes, such as sending you marketing materials.

7. How Do We Use Personal Data?

7.1. We may use Personal Data about You for the following purposes:
7.1.1. To operate the Website and deliver the Services.
7.1.2. To contact you for operational purposes.
7.1.3. To tailor content and offers to your preferences.
7.1.4. To respond to your inquiries, requests, or complaints.
7.1.5. To send you information about the Services, events, and other details that may interest you, subject to your consent.
7.1.6. To analyze and enhance the Services, as well as to develop and introduce new offerings.
7.1.7. To assess and track usage to gauge the popularity or utility of specific content and to better understand users’ online activities.
7.1.8. To monitor and analyze trends, usage, and activities related to the Services.
7.1.9. To conduct and maintain various functions supporting the offering and provision of the Services, including back-office functions, business development, strategic decision-making, financial management, and third-party service integration.
7.1.10. To protect our and third parties’ interests, rights, and assets, including detecting, investigating, and preventing fraudulent transactions or unauthorized activities, as well as initiating or defending legal claims.
7.1.11. To conduct KYC checks.
7.1.12. To comply with our legal or regulatory obligations.

8. Sharing of Personal Data with Third Parties

8.1. Monitoring: We use a variety of monitoring tools and techniques to ensure the security, integrity, and compliance of the Services. This includes ensuring adherence to applicable laws, regulations, and internal policies, including Trading Rules. We may share relevant data with regulatory authorities or law enforcement agencies when required or permitted by law.
8.2. Non-Disclosure of Personal Data: We will not share your Personal Data with third parties except as outlined in this policy.
8.3. Personal Data Transfers: We may transfer Personal Data under the following conditions:
8.3.1. To entities that control, are controlled by, or are under common ownership with Us (the “Group”). These entities may use Personal Data to support the Group’s needs.
8.3.2. With your explicit consent or upon your instruction.
8.3.3. If we sell, transfer, or assign any or all of our business or assets to a successor or acquirer, or if we are acquired by or merge with another entity. This also applies if We file for bankruptcy or face insolvency, or in any other scenario where Personal Data may be transferred to a successor or acquirer.
8.3.4. During audits or due diligence processes.
8.3.5. To protect our rights, property, and interests or those of third parties;
8.3.6. To fulfill legal or regulatory obligations, or in response to a national authority request or court order.
8.4. Third-Party Service Providers: We may share your Personal Data with third parties that offer the following services to us:
8.4.1. Storage and hosting services, including cloud computing and data security services.
8.4.2. IP address management service.
8.4.3. Users experience analysis.
8.4.4. Customer support services.
8.4.5. Marketing services.
8.4.6. CRM data management.
8.4.7. KYC (Know Your Customer) service providers.
8.4.8. Third-party integrations and services.
8.4.9. Accounting and legal services
8.4.10. Research, analytical, technical, and diagnostic services.
8.5. Aggregate Data: We may share aggregated, non-identifiable information with our third-party partners. This data does not relate to or identify any specific individual.

9. Retention

9.1. We process personal data only as long as necessary to fulfill the purposes outlined above or as required by law. After this period, the data is either deleted or anonymized. The specific time frames for processing personal data are as follows:
9.1.1. For contract fulfillment, and related rights and obligations, including claims, damage settlements, or legal disputes, personal data is processed for the required duration, but no longer than 10 years from the termination of the last contract.
9.1.2. For sending business communications without explicit consent, personal data is processed for up to 5 years after the expiration of the last contract, or until you unsubscribe or object to such communications.
9.1.3. To improve our services, personal data is generally processed for a maximum of 6 months.
9.1.4. For legal compliance, personal data is processed for the period specified by applicable laws (e.g., under tax laws, data is retained for 10 years from the issuance of relevant documents for your order).
9.1.5. If you have provided consent, data is processed for the duration specified in the consent.

10. Cookies and Trackers

10.1. We may work with third-party services, such as analytics and advertising providers, who may use cookies or other tracking technologies. Their practices are governed by their own privacy policies.
10.2. For more details about how we use cookies, please refer to our cookie policy available on our website.

11. Security

11.1. We have implemented security policies, rules, and technical measures designed to protect the Personal Data we control from unauthorized access, misuse, disclosure, alteration, or unlawful destruction.

12. Links to Other Websites

12.1. Our website may include links to third-party websites or applications, and other sites may link to ours. We do not control these third-party sites or how they collect and process Personal Data. Therefore, we are not responsible for their privacy practices, and this Policy does not cover their actions.
12.2. Whenever you access a third-party website or application, we encourage you to carefully review their privacy policy before using their services or disclosing any Personal Data.

13. Your Rights Regarding Personal Data

13.1. You have the right to ask us to confirm whether we are collecting Personal Data about you, review that data, correct it if necessary, and request its deletion if we no longer need it. You may also restrict your consent to certain types of processing.
13.2. Where we rely on your consent to process Personal Data, you can withdraw that consent at any time by emailing us at [email protected].
13.3. If you withdraw consent, we may no longer be able to provide some or all of the Services you requested, and you will have no claims in regard to this.
13.4. You may also contact us at [email protected] to request information on the processing of your Personal Data, specifically if it is based on legitimate interests pursued by NGF or a third party.
13.5. We may offer personalized recommendations and ads by analyzing your Personal Data based on your preferences, behavior, and interests.
13.6. If you have agreed to receive marketing materials, we may tailor these to offer products and services of greater interest to you.
13.7. You can withdraw your consent for receiving marketing materials by sending “unsubscribe” to [email protected] or using the unsubscribe option in the email. For push notifications, you can disable them in your device’s settings.
13.8. Even if you opt out of marketing communications, we may still need to contact you for non-marketing purposes related to our services.
13.9. You are entitled to the following rights regarding your Personal Data, which you can exercise:
13.9.1. The right to know how your Personal Data is being processed.
13.9.2. The right to correct inaccuracies in your Personal Data.
13.9.3. The right to request the deletion of your Personal Data.
13.9.4. The right to restrict or object to the processing of your Personal Data, if applicable.
13.9.5. The right to receive your Personal Data in a structured, machine-readable format.
13.9.6. The right to withdraw consent where it is the legal basis for processing.
13.10. We may reject requests if they affect the rights and freedoms of others or if they conflict with legal requirements. In some cases, we may charge a reasonable fee for fulfilling these requests.
13.11. You have the right to lodge a complaint with a supervisory authority within the EU if you believe your data rights are being violated.
13.12. We may need to collect Personal Data from you to verify your identity before allowing you to exercise your rights.

14. Transfer of Personal Data

14.1. Your Personal Data may be transferred to countries outside your jurisdiction or to international organizations. When this occurs, we will take appropriate measures to ensure the protection of your data and that your rights remain enforceable.
14.2. If you are an EEA resident, please note that these protections will be in place if:
14.2.1. The transfer is to a country or organization that the EU Commission has determined provides adequate data protection under Article 45(3) of the GDPR.
14.2.2. The transfer is pursuant to a legally binding agreement between public bodies under Article 46(2)(a) of the GDPR.
14.2.3. The transfer follows standard data protection clauses adopted by the EU Commission under Article 46(2)(c) of the GDPR.
14.2.4. You can request details of the safeguards we have put in place for international data transfers by emailing [email protected].

15. Changes to the Policy

15.1. We may update this Policy from time to time. Whenever changes are made, we will notify you by posting the revised Policy on our website. For significant changes, we will also inform you via methods we consider appropriate, such as email or a notice on our website. Unless otherwise stated, the updated Policy will take effect once published on our website.

16. Contact Us

16.1. For any questions regarding this Policy or data protection matters, please contact us at [email protected].