Privacy Policy
Last updated: May 20, 2026
Summit Securities respects privacy and is committed to protecting personal information. This Privacy Policy explains how Summit Securities collects, uses, stores, shares, protects, and otherwise processes personal information in connection with its websites, mobile applications, trading platforms, client portals, products, services, communications, support channels, account-opening processes, compliance programs, and related business operations.
This Privacy Policy applies to prospective clients, clients, former clients, website visitors, platform users, authorized representatives, beneficial owners, directors, officers, shareholders, trustees, signatories, payors, payees, corporate contacts, vendors, service providers, introducing brokers, affiliates, and any other individual whose personal information is processed by Summit Securities. By using Summit Securities’ services, submitting information, opening an account, or continuing to interact with Summit Securities, you acknowledge the practices described in this Privacy Policy.
1. Meaning of Personal Information
Personal information means information that identifies, relates to, describes, is reasonably capable of being associated with, or could reasonably be linked with an individual, household, device, account, profile, or other identifiable person. Personal information may include identification details, contact details, financial information, trading information, account information, communications, technical information, compliance records, and other information connected to the services.
2. Information We Collect
Summit Securities collects information directly from you, automatically through your use of the services, and from third parties such as identity-verification providers, payment processors, banks, fraud-prevention vendors, sanctions-screening providers, public databases, affiliates, introducing brokers, analytics providers, and regulatory or law-enforcement sources.
| Category | Examples |
|---|---|
| Identification and contact information | Name, date of birth, nationality, country of residence, address, email address, telephone number, government identification details, tax identification details, identity-document images, photographs, signatures, and verification records |
| Financial and suitability information | Income range, net worth, source of funds, source of wealth, employment details, occupation, investment objectives, trading experience, risk tolerance, appropriateness answers, bank account details, card details, wallet information, deposits, withdrawals, and payment history |
| Account and trading information | Account number, login records, authentication settings, balances, equity, margin, open positions, closed positions, orders, execution history, profit and loss, statements, leverage settings, instrument preferences, and account activity |
| Device and technical information | IP address, device identifiers, browser type, operating system, app version, mobile network, time zone, pages viewed, clicks, session duration, referral source, crash logs, security logs, cookies, pixels, and similar identifiers |
| Communications information | Emails, calls, chat transcripts, support tickets, platform messages, complaint records, survey responses, marketing preferences, call recordings, and correspondence with Summit Securities |
| Compliance and risk information | Sanctions-screening results, politically exposed person status, adverse-media results, fraud indicators, risk scores, suspicious activity indicators, transaction-monitoring alerts, source-of-funds reviews, internal investigation records, and regulatory-response records |
| Sensitive information | Government identifiers, biometric or liveness-verification information where used, precise location where enabled, identity-document data, criminal-offense or enforcement information where lawful and necessary, and other sensitive information voluntarily provided or required for compliance |
| Corporate and institutional information | Corporate documents, beneficial ownership information, director and officer information, authorized trader information, powers of attorney, board resolutions, signatory mandates, tax forms, and institutional onboarding records |
Summit Securities does not knowingly provide services to children or persons who are below the legal age required to enter into financial-services agreements. If Summit Securities determines that information has been collected from a person who is not eligible to use the services, it may delete, restrict, or retain the information as required for legal, compliance, fraud-prevention, or recordkeeping purposes.
3. How We Collect Information
Summit Securities collects information when you visit a website, use a platform, download an application, open or apply for an account, submit onboarding forms, upload documents, complete verification checks, deposit or withdraw funds, place orders, contact support, subscribe to communications, attend events or webinars, respond to questionnaires, use account tools, interact with social or copy-trading features, authorize integrations, or otherwise communicate with Summit Securities.
Summit Securities also collects information automatically through cookies, pixels, tags, software development kits, server logs, fraud-detection tools, analytics tools, device-identification technologies, security tools, platform logs, and similar technologies. These technologies help operate the services, secure accounts, detect fraud, remember preferences, measure performance, and improve the user experience.
4. How We Use Personal Information
Summit Securities uses personal information for legitimate business, contractual, operational, security, compliance, regulatory, legal, and commercial purposes. Personal information may be used to provide services, administer accounts, operate platforms, comply with financial-services obligations, prevent fraud, manage risk, communicate with clients, and improve products.
| Purpose | Description |
|---|---|
| Account opening and administration | To receive applications, verify identity, classify clients, approve or reject accounts, maintain profiles, administer accounts, provide statements, and manage account settings |
| Trading and platform services | To process, transmit, execute, confirm, reconcile, monitor, and report orders, trades, positions, margin, balances, payments, and trading activity |
| Compliance and financial-crime prevention | To conduct identity verification, anti-money laundering checks, sanctions screening, tax reporting, politically exposed person screening, transaction monitoring, suspicious activity reviews, recordkeeping, and regulatory reporting |
| Risk management and fraud prevention | To detect, investigate, prevent, and respond to fraud, abuse, unauthorized access, chargebacks, identity theft, market abuse, platform misuse, cybersecurity incidents, and suspicious activity |
| Suitability, appropriateness, and client protection | To assess knowledge, experience, risk tolerance, financial position, product eligibility, client classification, leverage settings, margin settings, warnings, and account restrictions |
| Payments and treasury operations | To process deposits, withdrawals, refunds, chargebacks, bank transfers, card payments, wallet payments, currency conversions, payment verification, and reconciliation |
| Communications and support | To respond to inquiries, provide technical support, send service notices, handle complaints, record communications, and maintain evidence of instructions and disputes |
| Marketing and relationship management | To send market updates, product information, platform updates, educational content, event invitations, promotions, and other communications where permitted by law |
| Analytics and service improvement | To measure usage, improve functionality, test features, develop products, train personnel, maintain service quality, generate aggregated insights, and support business planning |
| Security and business continuity | To authenticate users, enforce access controls, monitor systems, maintain backups, investigate incidents, protect infrastructure, and preserve service availability |
| Legal claims and enforcement | To enforce agreements, collect debts, defend claims, preserve evidence, respond to lawful requests, protect rights, and comply with court, regulator, and authority requirements |
| Corporate transactions | To evaluate, negotiate, or complete mergers, acquisitions, financings, restructurings, asset transfers, insolvency procedures, audits, due diligence, or similar transactions |
5. Legal Bases for Processing
Where a legal basis is required, Summit Securities processes personal information on one or more of the following bases: performance of a contract, steps taken before entering into a contract, compliance with legal obligations, legitimate interests, consent, establishment or defense of legal claims, substantial public interest where applicable, and other lawful bases recognized by applicable law.
Where processing is based on consent, you may withdraw consent at any time. Withdrawal does not affect processing that occurred before withdrawal and does not prevent Summit Securities from continuing to process information where another lawful basis applies.
6. Compliance, AML, KYC, Sanctions, and Fraud Controls
Summit Securities operates in a regulated and high-risk financial environment and may be required to identify and verify clients, beneficial owners, controllers, authorized representatives, source of funds, source of wealth, tax status, sanctions exposure, politically exposed person status, adverse-media indicators, suspicious activity, and related risk factors. Summit Securities may use third-party vendors, biometric or liveness tools, identity-document authentication, fraud-prevention databases, transaction-monitoring systems, payment-screening tools, and public or commercial databases.
Summit Securities may refuse onboarding, suspend accounts, restrict services, delay transactions, reject payments, request additional documentation, close positions, terminate accounts, freeze activity, retain records, or disclose information to regulators, law-enforcement agencies, financial intelligence units, tax authorities, banking partners, payment processors, and other competent parties where necessary or appropriate for compliance, sanctions, anti-money laundering, fraud prevention, risk management, legal protection, or regulatory obligations.
7. Automated Processing, Profiling, and Risk Scoring
Summit Securities may use automated systems, rules engines, algorithms, risk scoring, fraud models, device intelligence, sanctions screening, suitability logic, margin monitoring, trade-surveillance tools, and compliance workflows to support account opening, product eligibility, client classification, leverage settings, transaction monitoring, suspicious activity review, fraud prevention, account restrictions, security alerts, and marketing segmentation.
Where applicable law provides rights relating to automated decision-making or profiling, Summit Securities will honor those rights subject to legal, regulatory, security, fraud-prevention, contractual, and technical limitations.
8. Cookies and Similar Technologies
Summit Securities uses cookies and similar technologies to operate websites and platforms, authenticate users, secure accounts, prevent fraud, remember preferences, analyze usage, measure performance, improve services, and support marketing where permitted.
| Technology Type | Purpose |
|---|---|
| Strictly necessary technologies | Authentication, account security, service availability, fraud prevention, load balancing, and core platform functionality |
| Functional technologies | Preferences, language settings, region settings, remembered choices, and personalization |
| Analytics technologies | Usage measurement, performance monitoring, error detection, reporting, and product improvement |
| Marketing technologies | Campaign measurement, audience management, frequency capping, attribution, and relevant communications where permitted |
| Security technologies | Device intelligence, bot detection, anomaly detection, account-takeover prevention, and fraud-risk scoring |
You may manage cookies through browser settings, mobile settings, website preference tools, or other available controls. Disabling cookies may affect account access, platform functionality, security, fraud controls, and service performance.
9. How We Share Personal Information
Summit Securities may share personal information with affiliates, group companies, service providers, processors, professional advisers, regulators, exchanges, liquidity providers, execution venues, trading-platform providers, payment processors, banks, card networks, auditors, legal counsel, compliance consultants, cloud providers, cybersecurity vendors, identity-verification vendors, sanctions-screening vendors, analytics providers, marketing vendors, customer-support providers, tax authorities, courts, law-enforcement agencies, financial intelligence units, dispute-resolution bodies, introducing brokers, white-label partners, and other parties where lawful and appropriate.
| Recipient | Reason for Sharing |
|---|---|
| Affiliates and group companies | Internal administration, compliance, risk management, shared services, reporting, support, and business continuity |
| Platform, trading, liquidity, and market-data providers | Platform operation, pricing, market data, execution support, liquidity, order routing, hedging, connectivity, and reconciliation |
| Payment, banking, and treasury partners | Deposits, withdrawals, refunds, chargebacks, payment verification, fraud prevention, and reconciliation |
| Identity, AML, sanctions, and fraud vendors | KYC, screening, document verification, biometric checks, transaction monitoring, adverse-media checks, and fraud prevention |
| Regulators and authorities | Legal reporting, licensing obligations, investigations, subpoenas, court orders, law enforcement, tax reporting, and regulatory requests |
| Professional advisers | Legal advice, audit, accounting, insurance, compliance, corporate governance, debt collection, and dispute resolution |
| Marketing and analytics providers | Communications, campaign measurement, analytics, preference management, service improvement, and relationship management |
| Corporate transaction parties | Due diligence, financing, merger, acquisition, restructuring, insolvency, asset transfer, or business continuity |
Summit Securities does not sell personal information for money. Where privacy law treats certain advertising, analytics, or third-party disclosures as a sale, sharing, or targeted advertising, Summit Securities will provide the notices and choices required by law.
10. International Transfers
Summit Securities may process, store, and transfer personal information in countries other than your country of residence. International processing may occur because affiliates, service providers, servers, cloud providers, trading platforms, liquidity providers, payment processors, identity-verification vendors, professional advisers, or support teams are located in different jurisdictions.
Where required, Summit Securities uses appropriate transfer mechanisms such as contractual protections, legally recognized transfer safeguards, regulatory permissions, consent, performance of a contract, legal claims, compliance obligations, or other lawful transfer mechanisms.
11. Security
Summit Securities uses administrative, technical, organizational, and physical safeguards designed to protect personal information against unauthorized access, misuse, loss, alteration, disclosure, destruction, or compromise. These safeguards may include access controls, encryption, secure transmission, pseudonymization, monitoring, logging, vulnerability management, vendor due diligence, employee training, segregation of duties, retention controls, and incident-response procedures.
No website, platform, network, communication channel, payment process, or storage system is completely secure. You are responsible for protecting your credentials, devices, email accounts, two-factor authentication tools, passwords, API keys, and account access. You should notify Summit Securities promptly if you suspect unauthorized access, fraud, phishing, credential compromise, identity theft, or any other security concern.
12. Retention
Summit Securities retains personal information for as long as necessary or permitted for the purposes described in this Privacy Policy. Retention periods are determined by account status, service requirements, regulatory obligations, anti-money laundering recordkeeping, tax obligations, accounting requirements, complaint handling, legal limitation periods, fraud-prevention needs, audit requirements, security needs, and dispute-resolution requirements.
When information is no longer required, Summit Securities may delete, anonymize, aggregate, archive, restrict, or securely destroy it, subject to backup retention, legal holds, regulatory requirements, technical limitations, and legitimate business needs.
13. Your Privacy Rights
Depending on your location and applicable law, you may have rights to access personal information, request correction, request deletion, request restriction, object to processing, request portability, withdraw consent, opt out of marketing, opt out of sale or sharing, opt out of targeted advertising, limit certain sensitive-information uses, request human review of certain automated decisions, and complain to a supervisory authority.
| Right | Description |
|---|---|
| Access | You may request information about personal information Summit Securities processes about you |
| Correction | You may request correction of inaccurate or incomplete information |
| Deletion | You may request deletion of certain information, subject to legal and regulatory retention requirements |
| Restriction or objection | You may request restriction of processing or object to certain processing where the law allows |
| Portability | You may request a portable copy of certain information where required and technically feasible |
| Consent withdrawal | You may withdraw consent where processing is based on consent |
| Marketing opt-out | You may opt out of marketing communications while continuing to receive service, legal, security, and transactional notices |
| Complaint | You may complain to Summit Securities or to a competent supervisory authority where applicable |
Summit Securities may verify your identity, authority, residency, account ownership, or relationship to Summit Securities before responding to a privacy request. Summit Securities may decline, limit, delay, or charge for requests where permitted by law, including where requests are fraudulent, excessive, repetitive, technically infeasible, legally restricted, or inconsistent with financial-services obligations.
14. Marketing Communications
Summit Securities may send marketing communications, platform updates, market commentary, educational content, event invitations, product information, offers, and promotional communications where permitted by law. You may opt out of marketing communications by using available unsubscribe tools or communication preferences. Summit Securities may continue sending non-marketing communications, including legal notices, risk warnings, margin notices, trade confirmations, statements, security alerts, account notices, regulatory notices, tax documents, service updates, and transaction-related messages.
15. Communications Monitoring and Recording
Summit Securities may record, monitor, store, transcribe, review, and analyze calls, video calls, chats, emails, platform messages, support tickets, and other communications for compliance, evidence, training, quality assurance, dispute resolution, fraud prevention, security, and regulatory recordkeeping. By communicating with Summit Securities, you acknowledge that communications may be recorded and retained where permitted by law.
16. Third-Party Websites and Integrations
Summit Securities’ websites, platforms, and communications may contain links to third-party websites, app stores, payment services, wallet providers, social media platforms, charting tools, analytics services, plug-ins, APIs, and other integrations. Summit Securities is not responsible for third-party privacy practices, security, content, availability, accuracy, or conduct. Your use of third-party services is governed by their own terms and privacy policies.
17. Corporate, Institutional, and Authorized User Accounts
Where an account is opened by a company, partnership, trust, fund, estate, or other organization, Summit Securities may process personal information about beneficial owners, controllers, directors, officers, authorized traders, signatories, trustees, settlors, protectors, beneficiaries, employees, agents, and representatives. The organization is responsible for ensuring that those individuals receive appropriate privacy information and that the organization has authority to disclose their information to Summit Securities.
18. Updates to This Privacy Policy
Summit Securities may update this Privacy Policy from time to time to reflect changes in law, regulation, technology, products, services, business operations, risk controls, data practices, or corporate structure. Updated versions will be posted on the Summit Securities website or made available through appropriate channels. Continued use of the services after an updated Privacy Policy becomes effective constitutes acknowledgment of the updated policy to the maximum extent permitted by law.
19. Contact and Requests
Privacy requests, privacy questions, complaints, and data-protection inquiries may be submitted through the contact or privacy request form available on the Summit Securities website. Summit Securities will respond within the period required by applicable law, subject to identity verification, legal limitations, regulatory restrictions, and security requirements.
Nothing in this Privacy Policy limits any privacy rights, consumer rights, regulatory rights, or legal protections that cannot be limited under applicable law.