1.1. We take the handling of personal data seriously to ensure your privacy when processing and safeguarding your personal information. This privacy policy outlines how and why we process, use, and share your personal data when you use our website through (the “website”), software, applications, and other online products and services (collectively referred to as the "services"), or when you interact with us in any other way or receive communication from us.

1.2. By using our services or visiting our website, you expressly consent to the processing of your personal data as outlined in this policy.

1.3. Any mention of "we," "us," "nomo," or the "platform" in this privacy notice refers to Nomo Trade Limited, an International Business Company number 2023-00509 in Saint Lucia, with the registered office is situated at Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 401, Saint Lucia, unless otherwise stated. The physical office is located at 1344 Mariano Roque Alonso Street, Asunción, 001005, Paraguay.

1.4. We may periodically update this privacy policy. The current version, available at , will govern the processing of your personal data. In case of a material change, we may notify you via email, and if required by law, seek your permission or provide an opt-out opportunity for any new use of your personal Information.

1.5. nomo collects and processes personal information necessary for legitimate business purposes, disclosing this to the data subject at the time of collection. We retain your personal data for the duration required to fulfill the purpose for which it was collected and used, unless an extended period is mandated by legal obligations or for defense in a legal matter.

2.1. The data we collect encompasses various categories, including:

As part of our business operations, we gather, utilize, store, and transfer diverse types of personal data about you only if there is a lawful basis for such use. The most common lawful bases used by us are:

3.1. Consent. In specific instances, we may handle your personal data solely upon obtaining your explicit consent.

3.2. Execution of a contract. To provide you with our services in adherence to the contractual terms between you and us, we necessitate the use of your personal data.

3.3. Adherence to legal obligations. The nature of the services we furnish compels us to amass and store specific data about you in conformity with the laws governing our operations.

3.4. Legitimate interests. On occasion, we leverage our legitimate interests to process your data, such as enhancing our services. However, we exercise this right only when such interests do not supersede your rights, interests, or fundamental freedoms.

3.6. If you do not provide the necessary personal information, and it is essential for us to offer you our services or meet legal requirements (like following anti-money laundering rules), then you won't be able to use our services.

4.1. Purpose of сookies

Our website utilizes cookies to distinguish you from other users, enhancing your browsing experience and allowing us to refine our site.

4.2. Information analysis

Cookies, commonly stored on your computer’s hard drive, help us evaluate site effectiveness, analyze trends, and administer the platform. This information guides improvements to the user experience, identifying popular site sections and addressing access challenges.

4.3. Email enhancement

We use cookies, web bugs, or clear gifs in emails to confirm receipt and response, personalizing your experience on our site.

4.4. Third-party assistance

Utilizing third-party service providers, we gain insights into site use. These providers place cookies on your computer, offering data on navigation, viewed products, and general transaction information. Aggregate reports assist us in understanding visitor interests and improving our services.

4.5. Data integration

Information from service providers may be linked and combined with data we collect about you while using the platform. Service providers are contractually restricted from using this information for purposes other than assistance to us.

4.6. Agreement to cookie usage

By visiting nomo website, you agree to our use of cookies for the specified purposes.

4.7. More Information

Further details on nomo's use of cookies can be found in our cookie policy, accessible at https://nomotrade.com.

5.1. We obtain most of your personal data directly from you, such as when you register for our services or engage in communication with us, leading to the receipt of your identity and contact information. Additionally, we may receive personal data from third parties and publicly accessible sources, such as social media, search engines, company registers, banks, payment service providers, KYC service providers, advertising networks, analytics providers, and screening data vendors. Furthermore, while you use our services, technical data is automatically collected through technologies like cookies.

5.2. In the course of providing our services and fulfilling legal obligations, we engage in automated decision-making processes. These instances include:

5.2.1. Evaluating trading eligibility. Our system automatically assesses whether you can be permitted to trade based on the economic and appropriateness data provided in relevant questionnaires. Access to the services may be denied if insufficient experience and/or knowledge are identified.

5.2.2. Fraud detection. Our anti-fraud systems autonomously identify patterns indicative of potentially fraudulent activities related to your account. In such cases, we will notify you to mitigate potential fraud.

5.2.3. Risk profiling. Our systems autonomously determine the client's risk profile by evaluating various risk factors in line with applicable laws and internal procedures. The resulting risk score enables capital to establish the necessary customer due diligence procedures.

6.1. Nomo Trade Limited group companies.

Sharing with other companies within the Nomo Trade Limited group.

6.2. Third-party providers

Sharing with providers of apps, communication systems, and trading platforms.

6.3. Service providers and advisers

Sharing with contracted entities for services such as IT, analytics, marketing, financial, regulatory, and compliance.

6.4. Introducing brokers and affiliates

Sharing with partners having mutual relationships.

6.5. Payment service providers and banks

While facilitating transaction processing.

6.6. Auditors and contractors

Sharing for auditing, assistance, or advice on business purposes.

6.7. Legal and regulatory authorities

Sharing with courts, tribunals, government bodies, and law enforcement agencies as required by law or authorized by agreements.

6.8. Enforcement of terms and conditions

Sharing with any third party when necessary to enforce our terms and conditions of service.

6.9. Authorized entities

Sharing with any entity authorized by you.

6.1. Service providers and data sharing

Engaging service providers for various functions, ensuring adherence to privacy measures.

6.11. Third-party advertisers

Partnering with advertisers and ad networks to deliver targeted advertising.

6.12. Personally identifiable information

Using personally identifiable information to operate and enhance our services.

6.13. Aggregated non-personal information

Sharing aggregated, non-personal information with third parties for analysis.

6.14. Message administration

Retaining messages sent to us for inquiry administration and service improvement.

6.15. External links

External third-party websites linked from our sites are not covered by this privacy notice. Please check with each third party for details.

7.1. Security measures

We maintain personal information in secure computer storage facilities and paper-based files, ensuring protection against misuse, loss, unauthorized access, modification, or disclosure.

7.2. Data removal and destruction

When deemed unnecessary, we remove identifying details or securely destroy records.

7.3. Retention period

We typically retain your personal data for the duration necessary to fulfill the specific purpose for which it was collected. This includes meeting legal, accounting, reporting requirements, and addressing our legitimate interests. For instance, your personal data is generally stored for a period not less than 5 years after concluding the business relationship with nomo for proposes stipulated in applicable Anti Money Laundering, Terrorist Financing and Illegal Transfer of regulations. Additionally, certain personal data may be retained for a minimum of 6 years to comply with tax legislation for bookkeeping purposes.

In some instances, authorities may mandate longer data retention periods, especially during ongoing investigations. If you have not actively used our financial services for 5 to 6 years (depending on the data), we will eliminate any details that can identify you or we will securely destroy the records, unless we substantiate why we need the data for a longer period of time.

7.4. Prospective client data

Incomplete or rejected account opening applications are retained for 6 months, unless regulatory obligations dictate a longer duration.

7.5. Suppression list

For individuals opting out of marketing communications, details are retained on a suppression list.

7.6. International data transfers

Your data may be transferred and stored outside the European Economic Area (the EEA). We ensure its secure treatment and compliance with this privacy policy.

7.7. Compliance measures

When transferring data beyond the EEA, we may rely on standard contractual clauses, binding corporate rules, EU-US Privacy Shield, or equivalent arrangements, ensuring compliance.

7.8. Request for arrangement details

You can request details of these arrangements by contacting us through the provided contact details.

7.9. Internet transmission security

While we strive to protect data transmitted over the internet, we cannot guarantee complete security. Your transmission is at your own risk. Upon receipt, we implement strict procedures and security features to prevent unauthorized access.

8.1. Commitment to security

We are dedicated to safeguarding personal data, implementing and maintaining suitable technical and organizational measures. These measures ensure the appropriate level of security to protect personal data from accidental or unlawful destruction, loss, alteration, unauthorized disclosure, or access during transmission, storage, or processing.

8.2. Safety measures

We apply the following safety measures as:

Please be aware that these rights may not be applicable in all situations. Nevertheless, you are entitled to the following. 

9.1. Access request

Please be aware that these rights may not be applicable in all situations. Nevertheless, you are entitled to the following. 

9.2. Correction request

Request correction of the personal data held about you.

9.3. Erasure request

Request erasure of your personal data, with certain legal considerations.

9.4. Objection to processing

Object to the processing of your personal data based on legitimate interests.

9.5. Processing restriction request

Request restriction of processing in specific scenarios, such as data accuracy verification or legal claim establishment.

9.6. Data transfer request

You have the right to request the transfer of your personal data to you or to a third party in a structured, commonly used, machine-readable format.

9.7. Submission of requests

Complete personal data requests via email to support@nomotrade.com using your registered email address.

9.8. Data transfer request

We aim to respond to requests within 7 business days, with potential delays for complex or multiple requests.

9.9. Data transfer request

We aim to respond to requests within 7 business days, with potential delays for complex or multiple requests.

10.1. Security systems breach notification

In the event of a security system breach, nomo will make efforts to electronically notify affected parties, with a potential notice posted on the website.

10.2. High-risk data breach notification

If a personal data breach poses a high risk to users' rights and freedoms, nomo will promptly inform affected individuals.

10.3. Business changes and data transfer

In cases of acquisition, merger, or control change, nomo reserves the right to transfer user information. Users will be notified before any transfer during a merger, acquisition, or sale of assets. In bankruptcy or similar circumstances, control over personal information may be limited.

11.1. This Privacy Policy may be updated periodically without prior notice. The latest version will be effective at and govern the processing of personal data.

12.1. For any inquiries about this Privacy Policy, please contact us at support@nomotrade.com.