Data Protection ยท CoveTrade

Your Privacy, Our Priority.

We believe in radical transparency. This policy explains exactly what data we collect, how we protect it, and the controls you have over your personal information.

Last Updated: February 2026

CoveTrade is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our platform and services.

Application Info

  • Full name & date of birth
  • Residential address & nationality
  • Email address & phone number
  • Employment status & annual income
  • Net worth & trading experience

Transaction Info

  • Deposits & withdrawals history
  • Trade history & account balances
  • Payment methods on file
  • Financial records for compliance

Verification (KYC)

  • Government-issued photo ID
  • Proof of address (utility bill, etc.)
  • Proof of income or source of funds
  • Selfie photograph for identity check
  • Additional documents per jurisdiction

CoveTrade employs industry-standard security measures to protect your personal information from unauthorized access, alteration, disclosure, or destruction.

256-bit SSL/TLS encryption

All data in transit between your device and our servers

Advanced firewalls & IDS

Intrusion detection and prevention systems 24/7

Independent security audits

Regular penetration testing by certified third parties

Multi-factor authentication

MFA options for every account access point

Encrypted data storage

Sensitive data encrypted at rest with strict access controls

Staff training programs

Data protection and security best practices for all employees

CoveTrade may share your personal information with our affiliated companies and subsidiaries for the following purposes. All affiliates are bound by the same privacy and data protection standards.

Service Improvement

Providing and continuously improving our trading services

Regulatory Compliance

Ensuring compliance across all global jurisdictions

Internal Analytics

Conducting research and analytics across our group

Risk Management

Managing risk holistically across our group of companies

We may share your personal information with third parties in the following circumstances. All service providers are contractually obligated to protect your information.

1

Payment processors & banking partners

To facilitate deposits and withdrawals securely

2

Identity verification providers

KYC/AML compliance and fraud prevention

3

Cloud hosting & infrastructure

Secure, redundant data storage and delivery

4

Professional advisors

Lawyers, auditors, and compliance consultants

5

Analytics & marketing platforms

To improve platform performance and communications

CoveTrade may be required to disclose your personal information to regulatory authorities, law enforcement agencies, or other governmental bodies in response to lawful requests, subpoenas, or court orders.

Our commitment in such cases:

  • We disclose only the minimum information necessary to comply
  • We will notify you of such disclosures where legally permitted
  • We challenge requests we believe are unlawful or overly broad

You have the right to opt out of certain data collection and communication practices. Opting out of some activities may limit features available to you.

Unsubscribe from marketing emails via the unsubscribe link in any promotional message

Request deletion of your personal data, subject to regulatory retention requirements

Disable non-essential cookies through browser settings or our cookie preferences panel

Request access to, correction of, or restriction of processing of your personal data

To exercise any right:support@covetrades.com

Questions about your privacy?

Our data protection team takes your privacy seriously. We commit to responding to any inquiry within 24 hours.