Privacy Policy
We take your privacy and data security seriously.
Last Updated: October 2024
1. Information We Collect
Federal Capitals collects personal information required for KYC (Know Your Customer) compliance as mandated by SEBI. This includes but is not limited to: your PAN card, Aadhaar number, bank account details, income proof, and contact information. We also collect usage data (IP address, device ID, location) when you interact with our trading platforms to prevent fraud.
2. How We Use Your Data
Your data is strictly used for the core functions of a broker-dealer:
- Account opening and identity verification.
- Processing trades, orders, and fund transfers.
- Regulatory reporting to exchanges (NSE, BSE, MCX) and depositories (CDSL).
- Anonymized trading data analysis to improve our platform's algorithms.
3. Data Sharing & Third Parties
We do NOT sell your personal data to third-party marketers. Data is only shared with mandatory regulatory bodies, payment gateways for fund processing (like Razorpay or NPCI for UPI), and verified third-party technology vendors (like AWS) who are bound by strict non-disclosure agreements and ISO 27001 certifications.
4. Data Security
Federal Capitals utilizes bank-grade 256-bit AES encryption for all data transmissions (TLS 1.2+). User accounts are protected by multi-factor authentication (MFA) including mandatory biometric logins/TOTP for trade execution and withdrawals. Our databases are isolated in private VPCs.
5. Your Privacy Rights
You have the right to access, modify, or request the deletion of your non-regulatory personal data. However, as a registered stockbroker, we are required by the Prevention of Money Laundering Act (PMLA) and SEBI regulations to maintain KYC and trading records for a minimum of 5 years, even after your account is closed.