Privacy Policy

  1. Introduction
    ForexPeople (“we,” “us,” or “our”) is committed to protecting your privacy and ensuring that your personal information is collected, processed, stored, and shared in accordance with the Protection of Personal Information Act (POPIA) and other applicable South African laws.

    This Privacy Policy explains how we collect, use, store, and protect your personal information when you use our website and services, including submitting forms to open an account with us.

  2. What Personal Information We Collect
    We may collect the following personal information when you visit our website, complete forms, or interact with us. This includes, but is not limited to:

    Identity information: Full name, ID/passport number, nationality, and date of birth.
    Contact information: Email address, phone number, and physical address.
    Financial information: Proof of income, and tax-related information.
    Business information: If applicable, company registration details.
    Technical data: IP address, device type, browser type, and website usage data through cookies.

    We will only collect personal information that is necessary for the purposes described below.

  3. How We Use Your Personal Information
    We process your personal information based on lawful grounds under POPIA. We use your information for the following purposes:

    Account Opening & Onboarding – To assess and verify your application to open an account.
    Regulatory Compliance – To comply with legal obligations (e.g., FICA/KYC requirements).
    Customer Support – To assist with queries and service requests.
    Marketing & Communication – To send updates, promotions, or industry news (with your consent).
    Security & Fraud Prevention – To detect and prevent fraud, unauthorized access, and cyber threats.

  1. How We Store & Protect Your Information
    We implement technical and organizational measures to protect your personal information from unauthorized access, loss, or misuse. These include:

    Encryption & Secure Storage – Sensitive data is encrypted and stored securely.
    Access Control – Only authorized personnel have access to your personal information.
    Regular Security Audits – We monitor and review our security systems regularly.

    Your personal data will not be kept longer than necessary for the purposes it was collected, unless required by law (e.g., financial records must be kept for 5 years under FICA).

  1. When We Share Your Information
    We do not sell your personal information. However, we may share it with:

    Regulatory Authorities – To comply with legal obligations (e.g., SARS, FIC, or FSCA).
    Third-Party Service Providers – Such as payment processors, KYC verification agencies, or IT service providers (bound by confidentiality agreements).
    Law Enforcement – If required by law, subpoena, or to protect against fraud.

  1. Your Rights Under POPIA
    You have the following rights regarding your personal information:

    Access & Correction – Request access to the personal data we hold about you and correct any inaccuracies.
    Objection & Restriction – Object to the processing of your data for direct marketing or other purposes.
    Data Portability – Request your personal data in a structured format (where applicable).
    Deletion (‘Right to be Forgotten’) – Request deletion of your data when it is no longer necessary for processing.
    Withdraw Consent – If processing is based on consent, you may withdraw it at any time.

    To exercise any of these rights, contact us at info@forexpeople.co.za or 0860 66 00 67

  1. Use of Cookies & Tracking Technologies
    We use cookies to enhance user experience and analyse site traffic. You can manage cookie preferences through your browser settings.
  2. Updates to This Policy
    We may update this Privacy Policy from time to time. The latest version will always be available on our website, and we will notify users of significant changes.
  3. Contact Us
    If you have any questions about this Privacy Policy or your personal information rights, you can contact us at:

    Email: info@forexpeople.co.za
    Address: Design Quarter Shopping Centre, Fourways, Gauteng, 2067
    Phone: 0860 66 00 67