Privacy Policy Last updated: 24/02/2024
"We", "Us", or "Our" are devoted to safeguarding your Personal Data and ensuring your privacy.
This Privacy Policy has been crafted to inform you about how We handle, collect, store, and utilize the information you provide concerning the website lucidprofitai.com (the “Website”).
We adhere to the following principles:
• To maintain transparency in the collection and processing of Personal Data related to you:
Our priority is to keep you well-informed, enabling you to make knowledgeable decisions regarding the use of your Personal Data on our Website or when engaging in trades with a third-party trading platform. To this end, we employ a variety of strategies and methods to provide you with relevant details on how your Personal Data is processed, ensuring that this information is conveyed both accurately and promptly.
Moreover, if it is necessary to furnish you with specific information, We will do so at the appropriate time and place.
We are also eager to address any inquiries you may have and to offer any clarifications you need, within the bounds of legal constraints. For this purpose, feel free to contact Us by sending an email to the following address: support@lucidprofitai.com
• To process Personal Data about you solely for the purposes outlined in the Policy:
The reasons for which We may process Personal Data about you include, among other things, to make the Website accessible to you andfacilitate your connection with third-party trading platforms (the “Services”) to enrich your experience on our Website. Our aim is to refine the Services (including the Website), safeguard our rights and interests, conduct business and administrative activities that support the provision of these Services to our users, and/or comply with any legal and regulatory obligations.
Additionally, we will process your Personal Data to better understand your unique needs and preferences.
• We are committed to dedicating substantial resources to honor your rights regarding your Personal Data:
We allocate significant resources to empower you to exercise your data subject rights. You are welcome to reach out to us at any time to review your Personal Data, request amendments, deletion, restrict its use for certain purposes or entirely, or request its transfer to you or a third party. We will comply with your requests as permitted by law.
• To protect your Personal Data:
Although we cannot guarantee absolute protection of your Personal Data, we assure you that we employ and will continue to employ a comprehensive range of strategies and measures designed to ensure the security of your Personal Data.
Our Comprehensive Privacy Policy
1. The Scope?
This Policy outlines the types of Personal Data the Company collects about individuals, how it is collected, utilized, shared with third parties, secured, processed, and more.
Within this Policy, “Personal Data” pertains to any information related to an identified or identifiable individual. An identifiable individual is one who can be identified, either directly or in conjunction with additional information that we possess or have access to.
Herein, the “processing” of Personal Data refers to any operation or set of operations performed on Personal Data, including its collection, recording, organization, structuring,storage, modification, retrieval, consultation, utilization, transmission disclosure, dissemination or making available by other means, alignment or combination, restriction, erasure, or destruction of Personal Data.
Our Services cater to a general audience and are not designed for individuals under the age of 18. We do not intentionally collect or solicit information from anyone under the age of 18 nor do we knowingly allow such individuals to access our Services. If We become aware that we have collected information from a child, We will promptly take reasonable measures to remove such information.
2. When Do We Collect Personal Data About You?
We gather Personal Data about you each time you engage with the Services, interact with the service channels, and use the Website. Sometimes, you will actively provide Us with the Personal Data, while in other situations, We will collect the Personal Data by analyzing your usage of Our Services and/or service channels or receive your data from our third-party partners.
3. No Obligation To Provide Personal Data To The Company And Its Implications
You are not required to provide Us with any Personal Data. However, in certain situations, not providing such Personal Data may hinder Us from offering you the Services, restrict your use of the Website, and/or cause the Services and the Website to function improperly.
4. What types of Personal Data do We collect? Personal Data We collect during each visit to the Website:
This data includes online activity logs, traffic details (such as, but not limited to, IP address, time of access, date of access, visited web and mobile page(s), language used, software crash reports, and browser type, as well as information regarding the device used. Some of this data may not personally identify you and therefore does not constitute Personal Data.
Personal Data We receive from you: any Personal Data you voluntarily provide to Us when connecting with a third-party trading platform through Us.
Personal Data You specifically provide for submission to third-party platforms for trading purposes: This information encompasses your full name, phone number, and email address.
5. The Purposes of Processing Personal Data and Their Legal Basis
[Lucid Profit AI] processes your Personal Data for one or more of the purposes outlined in this section, adhering to the appropriate legal basis.
We will not process your Personal Data unless there is a legal foundation for doing so. The legal bases on which [Lucid Profit AI] may process your Personal Data include:
- You have provided consent for the processing of your Personal Data for specific purposes. This pertains to instances where you voluntarily provide your details via the Website, allowing us to submit them to a third-party trading platform.
- Processing is necessary to pursue the legitimate interests of [Lucid Profit AI] or a third party. For instance, this may include enhancing our Services, or the exercise or defense of legal claims.
- Processing is required for compliance with a legal obligation to which [Lucid Profit AI] is subject.
If you need more information on how the processing of your Personal Data aligns with the legitimate interests of [Lucid Profit AI] or an external party, feel free to contact us via email at any time.
Below is an overview of the reasons we may process your Personal Data, along with the legal justifications for such activities:
Purpose | Legal Basis | |
1 |
To provide your details to third parties upon your request for engaging with digital trading opportunities. We may gather Personal Data about you to share it with third parties, should you specifically request this service. |
Your consent has been obtained for processing your Personal Data for one or more specified objectives. |
2 |
To address your inquiries, requests, and/or concerns It is necessary to process your Personal Data to address any questions you may have regarding your usage of our Services. |
Processing is required for the legitimate interests pursued by the Company or a third party. |
3 |
To fulfill any legal duties or adhere to judicial or administrative directives We handle your Personal Data to meet Our diverse legal responsibilities. |
Processing is essential to comply with a legal obligation applicable to the Company. |
4 |
To enhance Our Services We might utilize your Personal Data to elevate Our Services. This processing includes, among other things, any crash logs or other malfunction reports related to Services. |
Processing is necessary for the legitimate interests pursued by the Company or a third party. |
5 |
To prevent fraud and misuse of Our Services |
Processing is necessary for the legitimate interests pursued by the Company or a third party. |
6 |
To execute and sustain various activities that support Our Services Such tasks encompass back-office operations, business growth initiatives, strategic decision-making, governance mechanisms, etc. |
Processing is essential for advancing the legitimate interests pursued by the Company or by a third party. |
7 |
For conducting analysis, including statistical evaluations We employ various analytical methods (including statistical ones) to make informed decisions on a range of matters. |
Processing is essential for advancing the legitimate interests pursued by the Company or by a third party. |
8 |
To safeguard Our and third parties' interests, rights, and assets, including the initiation, exercise, or defense of legal claims We might process Personal Data about you to protect Our interests, rights, and assets, or those of third parties, in compliance with any law, regulation, or agreement, including any of Our terms and conditions and policies. |
Processing is essential for advancing the legitimate interests pursued by the Company or by a third party. |
6. Transfer Of Personal Data To Third Parties
At Lucid Profit AI, we might disclose your Personal Data to third parties who offer us services, including storage and hosting providers, IP address information, user experience analysis, research, analytics, technical, and diagnostic services.
Furthermore, if you specifically request, we will provide certain Personal Data about you to third-party trading platforms. In such instances, we will share the Personal Data you furnish for this purpose with these third parties, whose usage of your Personal Data will adhere to their privacy policies. Your Personal Data might be shared with multiple third-party trading platforms.
Lucid Profit AI may also share your Personal Data with its affiliates and business partners who supply resources that enhance and elevate the quality of services and products we offer to our users.
We may also disclose your Personal Data to governmental, local, official, and regulatory authorities, especially if such disclosure is necessary to protect our and third parties' interests, rights, and assets, including the initiation, exercise, or defense of legal claims.
Additionally, your Personal Data may be disclosed to prospective purchasers, investors, or lenders to Lucid Profit AI and/or any company within our corporate group, or during any similar transaction (including asset sales of Lucid Profit AI and/or any company within our corporate group), and/or in relation to any merger, reorganization, consolidation, or bankruptcy involving Lucid Profit AI and/or any company within our corporate group.
7. Cookies and Third-Party Services
We may engage certain third-party services, such as analytics firms or advertising companies on our Website, which might use cookies or other technologies, governed by their own policies.
A cookie (a small text file) is placed on the device you use to visit or access the Website. These cookies help gather information about you and your behavior, in order to
enhance your user experience by remembering your preferences and settings, allowing us to tailor and present products and services that might pique your interest. Additionally, cookies may be utilized to gather statistics and conduct analytics.We might employ session cookies, which are temporarily downloaded to your device and remain until you close your browser. We also use persistent cookies that stay on your device even after you stop browsing our Website, helping the Website recognize you as a returning visitor when you revisit.
Types of cookies:
The cookies we may utilize are categorized based on their functionality as follows:
Type of Cookie | Purpose | Additional Information |
Strictly Necessary Cookies |
These cookies are indispensable for enabling you to navigate the Website and access the features you've requested. They ensure you receive the content, products, and services you have asked for from us. These essential cookies assist your device in downloading or streaming information, allowing you to move around the Website, utilize its features, and revisit pages you have previously explored. |
These cookies gather Personal Data about you, such as your username and last login date, identifying you as logged in to the Website. These cookies are erased when you shut down your web browser (session cookies). |
Functionality Cookies | These cookies are employed to identify you upon your return to the Website and enable us to remember your selections and preferences. | These cookies remain active even after your web browser is closed and persist until their designated expiry time. |
Performance Cookies | These cookies are utilized to deliver compiled statistics on the Website's performance and to assess and enhance that performance, aiming to offer a superior user experience. Moreover, they enable us to perform analytical functions on the Website. |
These cookies gather anonymized information that is not linked to any identified or identifiable natural person. These cookies have various durations; some are removed once you exit your browser, while others remain valid indefinitely. |
Blocking and Removal of Cookies
You can modify your browser settings to block and erase some or all cookies. Below are links to instructions on how to do this for some of the most commonly used web browsers:
- Firefox
- Microsoft Edge
- Google Chrome
- Safari
Please be aware that by making these changes, certain features and functionalities of the Lucid Profit AI platform may not operate as designed.
NOTICE REGARDING ONLINE TRACKING
CURRENTLY, THIS SERVICE DOES NOT ACCOMMODATE DO-NOT-TRACK REQUESTS.
8. Duration of Personal Data Retention
Lucid Profit AI will retain your Personal Data as long as necessary to achieve the purposes outlined in this Policy or longer if required by applicable laws, regulations, policies, or directives.
We may share your information with third-party trading platforms for a period of 12 months, with the option to extend this period for an additional 12 months upon obtaining your consent.
To ensure your Personal Data is not kept longer than needed, we regularly review our data to determine if any information can be securely deleted.
9. Transfer of Personal Data to Other Countries or International Organizations
Your Personal Data may be transferred to other countries (i.e., outside of your resident jurisdiction) or international organizations. In these cases, Lucid Profit AI will implement appropriate safeguards to protect your data and ensure that enforceable data subject rights and effective legal remedies are in place.
For residents of the EEA (European Economic Area), these safeguards and protections will apply under any of the following conditions:
- The transfer is directed to a third country or an international organization deemed by the EU Commission to offer an adequate level of protection for the Personal Data being transferred, as per Article 45(3) of Regulation (EU) 2016/679 of the European Parliament and of the Council dated 27 April 2016 (the "GDPR").
- The transfer is based on a legally binding and enforceable agreement between public authorities or bodies in accordance with Article 46(2)(a) of the GDPR; or
- The transfer complies with standard data protection clauses adopted by the EU Commission as outlined in Article 46(2)(c) of the GDPR. You can view these clauses on the EU Commission's website at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
You are welcome to request information regarding the safeguards employed by Lucid Profit AI to protect the Personal Data about you that is transferred to a third country or an international organization. Please send your inquiries to the following email address: support@lucidprofitai.com
10. Safeguarding Your Personal Data
We employ suitable technical and organizational measures to ensure an appropriate level of security for Personal Data, taking into consideration the risks associated with processing, particularly from accidental or unlawful destruction, loss, alteration, unauthorized disclosure, or access to Personal Data that is transmitted, stored, or otherwise processed.
While we strive for excellence, we cannot guarantee error-free performance concerning the privacy of your Personal Data. We disclaim liability for any indirect, incidental, consequential, or punitive damages related to the use or release of Personal Data about you, including, but not limited to, disclosure due to transmission errors, unauthorized third-party access, or other causes beyond our reasonable control.
We may be obligated, due to legal or other obligations beyond our control, to transfer Personal Data about you to third parties,such as governmental bodies. In these cases, our ability to influence the protection level afforded to your Personal Data by such external parties is limited.
Transmitting Personal Data over the internet cannot be guaranteed to be completely secure. Consequently, Lucid Profit AI cannot guarantee the safeguarding of your Personal Data during its internet transmission to us.
11. Links To Third-Party Websites
The Website might offer links to third-party websites and/or applications. Lucid Profit AI does not have control over these sites and applications, nor over how they collect and process your Personal Data. We are not accountable for these sites and applications, or their privacy and data protection practices. This Policy does not cover any actions undertaken via these websites and/or applications.
We advise you to thoroughly review the privacy policies of these third-party websites and/or applications before using them and before sharing any of your Personal Data.
13. Your Rights Regarding Your Personal Data
Generally, you have the right to request confirmation from us on whether we are collecting your Personal Data, to review such data, to correct it if necessary, and to have it deleted when it's no longer needed by Lucid Profit AI. You may also limit your consent to certain processing of your Personal Information.
If you are a resident of the EEA, please read the section below:
You are entitled to the following rights concerning your Personal Data. To exercise these rights, you can send a request to the following email address:
Right of Access
You have the right to receive confirmation from Lucid Profit AI about whether your Personal Data is being processed, and if so, to access the Personal Data along with the followinginformation: (1) the intended purposes of the processing; (2) the categories of Personal Data involved; (3) the recipients or categories of recipients who have received or will receive the Personal Data, especially those in third countries outside the European Economic Area (EEA) or international organizations; (4) where possible, the expected duration for which the Personal Data will be stored, or if that's not possible, the criteria used to determine this duration; (5) the right to request from the Company the correction or deletion of Personal Data or to restrict the processing of Personal Data about you, or to object to such processing; (6) the right to file a complaint with a supervisory authority; (7) if the Personal Data was not collected from you, any available information regarding its source; (8) the presence of profiling; and (9) if Personal Data is transferred to a third country outside the EEA or to an international organization, the suitable safeguards in place for the transfer.
The Company will provide a copy of the Personal Data being processed and may charge a reasonable fee for any additional copies you request. If you submit the request electronically, and unless otherwise specified by you, the information will be delivered in a commonly used electronic format.
The right to obtain a copy of the Personal Data must not negatively impact the rights and freedoms of others. Therefore, if fulfilling the request compromises the rights and freedoms of others, the Company may not be able to fulfill your request or may do so in a limited capacity.
Right to rectification
You have the right to have the Company correct any inaccurate Personal Data about you. Considering the purposes of the processing, you have the right for incomplete Personal Data about you to be completed, including through providing a supplementary statement.
Right to erasure
the following conditions apply: (a) the Personal Data is no longer needed for the purpose it was collected or otherwise processed; (b) you withdraw your consent on which the processing relies, and there is no other legal basis for the processing; (c) you object at any time, based on reasons related to your particular situation, to the processing of Personal Data about you that is based on the legitimate interests pursued by Us or by a third party, and there are no overriding legitimate grounds for the processing; (d) you object to the processing of Personal Data about you for direct marketing purposes; (e) thePersonal Data has been unlawfully processed; or (f) the Personal Data about you needs to be erased to comply with a legal obligation in European Union or Member State law that the Company must follow.
This right does not apply when processing is essential (a) to meet a legal obligation requiring processing under European Union or Member State law applicable to the Company; or (b) for establishing, exercising, or defending legal claims.
Right of restriction of processing
You are entitled to request from the Company a limitation on the processing of your Personal Data if any of the following situations arise: (a) you dispute the accuracy of the Personal Data, allowing the Company time to verify its correctness; (b) the processing is unlawful, and you object to the deletion of the Personal Data, opting instead for its restricted use; (c) the Company no longer requires your Personal Data for processing purposes, but you need it to establish, exercise, or defend legal claims; (d) the processing is necessary for the legitimate interests pursued by the Company or a third party, unless we can demonstrate compelling legitimate grounds that outweigh your interests, rights, and freedoms, or are necessary for legal claims; or (e) your Personal Data is processed for direct marketing purposes, including profiling, as it relates to such marketing activities.
Should the processing of your Personal Data be restricted upon your request, this data will only be processed, aside from storage, with your consent or for establishing, exercising, or defending legal claims, protecting another's rights, or for significant public interest reasons in the European Union or a Member State.
Right to Data Portability
You hold the right to acquire your Personal Data, which you have provided to the Company, in a structured, commonly used, and machine-readable format. Additionally, you are entitled to transfer that data to another entity if the processing is based on your consent or a contract you are a part of, and the processing is automated.
When you exercise your right to data portability, your Personal Data can be directly transferred from the Company to another entity, provided it is technically feasible. This right is separate from both your and the Company's rights concerning data deletion. Additionally, exercising this right should not adversely affect the rights and freedoms of others.
Right to Withdraw Consent
You are free to withdraw your consent for us to process your Personal Data at any time, without affecting the legality of processing carried out prior to your withdrawal.
Right to Object
You have the right to object to the processing of your Personal Data at any time, especially if it pertains to your particular situation, and when processing is based on the legitimate interests of the Company or a third party. This includes any profiling based on these interests. If you object, we will cease processing your Personal Data unless we can demonstrate compelling legitimate grounds that outweigh your interests, rights, and freedoms, or are necessary for the establishment, exercise, or defense of legal claims.
Additionally, you have the right to oppose the processing of your Personal Data for direct marketing purposes at any time, including any related profiling.
Right to Lodge a Complaint with a Supervisory Authority
You are entitled to file a complaint with a supervisory authority established by a Member State to safeguard the fundamental rights and freedoms of individuals in relation to the processing of Personal Data within the European Union.
Your rights regarding your Personal Data, as described in this section 13, may be restricted by European Union or Member State law applicable to the Company.
We will provide you with the information requested under your rights outlined in this section 13 promptly and, in any case, within one month of receiving the request. This period may be extended by two additional months if necessary, considering the complexity and number of requests. We will inform you of any such extension within one month of receiving your request, along with the reasons for the delay.
The information requested under your rights in this section 13 will be provided free of charge, unless specified otherwise in this section 13. If requests are manifestlyIf requests are deemed to be unfounded or excessive, particularly due to their repetitive nature, we may choose to either (a) impose a reasonable fee that reflects the administrative costs involved in providing the information or communication, or (b) decline to act on the request.
Lucid Profit AI may require you to furnish additional information to verify your identity, ensuring compliance with your rights as detailed in section 13, especially if we have reasonable doubts about the identity of the individual making the request.
12. Updates to This Policy
We reserve the right to modify this Policy periodically. When changes are made, we will notify you by updating the Policy on our Website. Furthermore, if significant changes are made, we will make every effort to inform you through channels we consider reasonably effective, including a notice on the Website. Unless specified otherwise, all modifications will become effective upon the publication of the updated Policy on our Website.