Does Quotex pass information about me to third parties?

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Understanding data privacy at Quotex

When using an online trading platform, one of the key concerns is data protection. Many traders wonder if Quotex passes their personal information to third parties. Let’s explore how Quotex handles user data and what it means for you.

Data protection and privacy policy

Quotex takes user privacy seriously and follows strict data protection protocols. According to the Privacy Policy:

No unauthorized sharing: Quotex does not sell or pass user data to third parties for marketing or commercial purposes.
Compliance with laws and regulations: Information may be shared only in cases required by law or regulatory authorities.
Security measures: Quotex uses advanced encryption and security protocols to prevent unauthorized access to user data.

When might your data be shared?

While Quotex does not disclose your data for marketing or commercial purposes, there are limited cases where user information may be shared:

Regulatory requirements – Quotex may be required to provide data to financial regulators or government authorities.
Payment processing – To process deposits and withdrawals, financial institutions may request certain personal information.
Fraud prevention and security – In case of suspected fraudulent activity, Quotex may cooperate with cybersecurity companies or law enforcement.

How can you protect your information?

Enable two-factor authentication (2FA): This adds an extra layer of security to your account.
Use secure payment methods: Ensure transactions are made through trusted payment gateways.
Beware of phishing attacks: Always verify emails and links before entering login credentials.

Quotex prioritizes the security and privacy of its users. While data sharing may occur in limited cases related to legal requirements and security, the platform does not sell or misuse personal information. By following basic security practices, traders can further protect their accounts and personal data.