Privacy Policy
1. Introduction
This Privacy Policy explains how IC Funded Evaluations Ltd (“we”, “us”, “our”, or the “Company”) collects, uses, processes, and discloses your personal data.
This Policy is designed in accordance with applicable data protection laws, including the General Data Protection Regulation (EU) 2016/679 (“GDPR”), and follows the principles of transparency, fairness, and accountability.
We ask that you read this Privacy Policy carefully, as it contains important information on:
- who we are,
- how and why we collect, store, use, and share personal data,
- your rights, and
- how to contact us.
2. Who We Are
IC Funded is responsible for the processing of your personal data.
Where we determine the purposes and means of processing your personal data, we act as a Data Controller.
In certain circumstances, we may act as a Data Processor, where we process personal data on behalf of another entity.
In such cases, the relevant data controller will be identified to you at the point of data collection or through applicable contractual documentation.
3. Group Companies
For the purposes of this Privacy Policy:
“Group Companies” means IC Funded and companies that are under common ownership or control with IC Funded, including IC Markets entities. Each Group Company is a separate and independent legal entity and is responsible only for its own obligations and liabilities.
References to Group Companies in this Policy relate solely to data sharing and do not create any joint liability, joint service provision, or transfer of contractual responsibility unless expressly stated.
4. Data Controllers and Contracting Parties
Depending on the services provided, IC Funded will act as the controller of your personal data.
Where personal data is shared within our Group Companies, each entity may act as an independent controller in respect of its own processing activities and will be responsible for complying with its own legal obligations under applicable data protection laws. Where required, additional privacy information will be provided by the relevant entity.
5. Whether You Must Provide Personal Data
The provision of your personal data is necessary for us to:
- provide our services,
- comply with legal and regulatory obligations,
- enter into or perform a contract with you.
If you fail to provide required data, we may not be able to provide our services.
6. What Personal Data We Collect
We may collect and process the following categories of personal data:
Identity Data
Name, surname, date of birth, nationality, identification numbers (passport, ID, etc.)
Contact Data
Email address, phone number, residential address
Financial Data
Financial status, account information, payment details, trading-related data
Transactional Data
Details of transactions, payments, and account activity
Socio-Demographic Data
Occupation, education, employment details
Technical Data
IP address, device data, browser type, usage data
Communication Data
Emails, chats, and correspondence with us
This structure aligns with IC Markets’ categorization approach to ensure consistency.
7. How We Use Your Personal Data
We process your personal data for the following purposes:
- Providing and managing our services
- Account creation and administration
- Customer support and communication
- Compliance with legal and regulatory obligations, including AML/KYC
- Fraud prevention and security
- Internal operations and business management
- Marketing and promotional activities
This may include monitoring trading activity and behaviour to ensure compliance with applicable terms, detect misuse of services, and manage financial and operational risk across Group Companies.
Marketing and promotional activities may include communications from IC Funded and, where appropriate and permitted by applicable law, from its Group Companies.
This may include the analysis of trading behaviour and patterns to identify potential misuse, fraud, or prohibited strategies. Such processing does not involve solely automated decision-making producing legal or similarly significant effects without human involvement.
8. Legal Basis for Processing
We process your personal data only where we have a lawful basis to do so:
- Contractual necessity – to provide services to you
- Legal obligations – regulatory compliance
- Legitimate interests – business operations and improvement
- Consent – for marketing communications where required
Where we rely on legitimate interests, including for intra-group data sharing and risk monitoring activities, we carry out appropriate assessments to ensure that such processing is necessary and that your rights and freedoms are not overridden.
Where required by applicable law, including for certain marketing or cross-promotional activities involving Group Companies, we will rely on your consent.
9. Sharing of Personal Data
We may disclose your personal data to:
- Group Companies, including IC Markets
- Service providers and partners
- Regulatory authorities and law enforcement agencies
9.1 Intra-Group Data Sharing
We may share your personal data within our Group Companies for:
- internal administration purposes
- client relationship management
- service delivery and improvement
- compliance and regulatory requirements
This may include the sharing of client identification data, account and relationship data, trading activity and performance data, and compliance-related information where necessary for internal administration, client and affiliate management, service delivery, fraud prevention, and the detection of abusive or prohibited trading practices, including cross-platform hedging strategies.
Where such sharing is based on legitimate interests, you have the right to object to this processing at any time by contacting us using the details provided below.
Access to such data is restricted to authorised personnel and subject to appropriate technical and organisational safeguards.
9.2 Cross-Marketing and Referrals
We may share your personal data with Group Companies, including IC Markets, to:
- inform you about relevant services or opportunities
- conduct cross-promotional activities
- operate referral and affiliate programs
Where required by law:
- we will obtain your consent before sending marketing communications
- you can opt out at any time
You may opt out of receiving marketing communications from IC Funded at any time, and, where applicable, from Group Companies, by using the unsubscribe link in communications or by contacting us directly.
10. International Data Transfers
Your personal data may be transferred to countries outside your jurisdiction, including to Group Companies.
Where such transfers occur, we ensure appropriate safeguards, including:
- Standard Contractual Clauses
- Transfers to jurisdictions with adequate protection
- Other lawful mechanisms
11. Data Retention
We retain your personal data only for as long as necessary to:
- fulfil contractual obligations
- comply with legal and regulatory requirements
- resolve disputes and enforce agreements
Retention periods may extend beyond termination of your relationship where required by law.
12. Your Rights
Under GDPR, you have the following rights:
- Right of access
- Right to rectification
- Right to erasure (“right to be forgotten”)
- Right to restriction of processing
- Right to data portability
- Right to object
You also have the right to object to processing for direct marketing purposes, including profiling.
Where processing is based on consent, you may withdraw consent at any time.
These rights are aligned with GDPR Articles 15–21 as reflected in IC Markets’ framework.
13. Security of Your Data
We implement appropriate technical and organizational measures to protect your personal data.
Access to personal data is restricted to authorized personnel only.
14. Changes to This Policy
We may update this Privacy Policy from time to time. Any changes will be published on our website.
15. Contact Information
If you have any questions about this Privacy Policy or your personal data, you may contact us at:
Email: support@icfunded.com