Our Licences And Regulations
Onlineprofitmine is a fully licenced and regulated Cyprus Investment Firm (CIF) supervised by the Cyprus Securities and Exchange Commission (CySEC) (License Number 124/10. Onlineprofitmine Limited is authorized to trade internationally, specializing in Forex CFD online trading on currencies, commodities, futures and indices and lots more. CySEC is the supervisory and regulatory authority for Investment Services Firms in Cyprus under Law 144(I)/2007 which is a transposition of MiFID Law (Markets in Financial Instruments Directive), a European Union law effective as of November 1, 2007, under ESMA (European Securities and Markets Authorities), ESMA is an independent EU Authority that contributes to safeguarding the stability of the European Union's financial system by enhancing the protection of investors and promoting stable and orderly financial markets.
Onlineprofitmine is a reliable and authentic provider of online trading markets. The company applies all EU regulations and governing laws in an officially regulated environment.
We are also registered with the supervisory authorities below based on the MiFID Directive:
IFSC:
International Financial Services Commission (Belize)
Onlineprofitmine Limited is licensed by IFSC under license number IFSC/60/354/TS/18
FCA:
Financial Conduct Authority (United Kingdom)
Onlineprofitmine UK Ltd is regulated by the Financial Conduct Authority (Reference number: 705428)
ASIC:
Australian Securities and Investments Commission (Australia)
Onlineprofitmine Pty Ltd has been issued an Australian Financial Services License by ASIC (number 443670)
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Terms and conditions
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Risks of investing in CFDs CFDs, especially when highly leveraged (the higher the leverage of the CFD, the more risky it becomes), carry a very high level of risk. They are not standardized products. Different CFD providers have their own terms, conditions and costs. Therefore, generally, they are not suitable for most retail investors. Liquidity risk Liquidity risk affects your ability to trade. It is the risk that your CFD or asset cannot be traded at the time you want to trade (to prevent a loss, or to make a profit). Execution risk Execution risk is associated with the fact that trades may not take place immediately. For example, there might be a time lag between the moment you place your order and the moment it is executed. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since Onlineprofitmine does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Acknowledgement The client acknowledges and declares that he has read, understood and thus accepts without any reservation the following: * The value of the Financial Instrument (including currency pair, CFDs, or any other derivative product) may decrease and the client may receive less money than originally invested or the value of the Financial Instruments may present high fluctuations. * Information on past performance of a Financial Instrument does not guarantee the present and/or future performance; the use of historic data does not constitute a binding or safe forecast as to the corresponding future return of the Financial Instruments to which such data refers. * Some Financial Instruments may not become immediately liquid due to various reasons such as reduced demand, and the Company may not be in a position to sell them or easily obtain information on the value of such Financial Instruments or the extent of any related or inherent risk concerning such Financial Instruments. * When a Financial Instrument is negotiated in a currency other than the currency of the client’s country of residence, any changes in an exchange rate may have a negative effect on the Financial Instruments’ value, price and performance. * A Financial Instrument in foreign markets may entail risks different than the usual risks in the markets at the client’s country of residence. The prospect of profit or loss from transactions in foreign markets is also influenced by the exchange rate fluctuations.
Our privacy policy page holds all the details that concern the use, disclosure and collection of your personal information with regards to the use of our service.
Your information will not be used in any form that is against the privacy policy stated below.
The personal information that you give us will only be used to improve the service that we provide you.
So, by using our service, you agree to the use and collection of your personal information in-line with our privacy policy.
The terms used in this privacy policy all have the same interpretation as seen in our terms and conditions, except otherwise stated.
Identifiable information such as phone number, postal address, email address, and any other information may be requested from you. The need for identifiable information may arise when we need to identify you and directly get in contact with you.
The collection of log data is always part of the strategies that we employ to understand our service users better and provide the right service they deserve. So, when you make use of our service by visiting our website, we would collect log data or details such as; browser type, IP address, our website pages visited, the time spent on our website and any other information that we can obtain about your browsing behavior.
More so, the need to enhance our level of service delivery may require that we obtain other vital information using third-party services or applications such as Google Analytics. Third-party applications also come with their privacy policies that help to mitigate any form of abuse of the information that is presented to users.
Cookies are unique anonymous identifiers that contain a small amount of data. Cookies are usually sent from a website to a browser, and the data is usually stored on a computer's hard drive.
It is possible for a service user to disable the functionality of cookies by restricting a web browser. Notwithstanding, enabling cookies on a browser would make it possible for a user to enjoy all the services that we provide.
The services of third party companies may be employed when necessary. The services of third-party companies may be required to enhance the result that we deliver. Third-party services may include the analysis of data, providing service on our behalf, an analysis of the performance of our service, and any other assistance that we may need.
More so, third-party companies would adhere to our privacy policy, so the use of your personal information would be limited to the purpose of the collaboration.
We understand that the authorities may request for your personal information when needed to handle legal issues, so we would abide by the law in providing your personal information to law enforcement agents as required by law. We value the integrity of our service, and always comply with the law when the situation is justifiable.
Securing your personal information is vital to us because we need it to be a favorable option for our service users.
Notwithstanding, we would admit to the fact that the use of the internet and other channels of sharing information online may not guarantee 100% security.
So, we do not guarantee absolute security to all the information that we possess, but we do our best in utilizing commercial means of safeguarding your personal information and ensuring that it does not get into the wrong hands.
The information that you give to us may be sent to computers that are located far away from your geographical area. Such information may be transferred to computers that are in a different state or country. Such information transfer may see your information placed in a region that operates on a different law that is beyond your jurisdiction.
It is also important to note that we can transfer your personal information to a different region other than the location where you provided the information, and also, decide on the exact place where your information is processed or handled.
By submitting your personal information to us, you consent to our ability to transfer your personal information to the location where we intend handling the processing.
Dear esteem investors, in our crypto portfolio you can automatically reinvest from your account balance for 3 times more after first investment on a particular plan while in the commodity exchange phase you can put your trading in autopilot with our long term automatic trading feature. Set your investment amount, make deposit and hold on to a period of 1 month to harvest your investment profits.
We do not deal with children, so anyone under the age of 12 is not expected to send personal information to us. In a situation where a child sends personal information to us, it is expected that the guardian or parent of that child make early contact with us as this would enable us to remove from our database, the personal information of the child.
Please note that you have to edit your Al-Olymptrade account profile and add the wallet address of your preffered payment method before making a withdrawal request to be able to withdraw.
We reserve the right to effect changes to our privacy policy without seeking your consent. Any new update made on the privacy policy will be communicated to you and reflect on our privacy policy page.
The changes made to our privacy policy will be adhered to once it is posted on the privacy policy page. So it is advised that you periodically acquaint yourself with our privacy policy.
We understand that you may require changes to be made to the personal information you provided, so we will gladly make any correction or update at no cost.
You also have the liberty to demand the deletion or cancellation of all your personal information, unless the law enforces the preservation of such information.