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trading foreign currency

  • August 31st, 2005

Whilst the threat from hackers is low for individuals, a more serious threat to personal privacy comes from unscrupulous trading foreign currency companies that operate sites for quick quids. Many trading foreign currency sites require you to register before you can use its services and often requires you to provide personal information, such as your name, street address, and e-mail address. Then as you browse the site, data is collected as to which pages you visited, how long you remained on each page, the links you clicked, what terms you searched, and so on. After a number of visits to the site, a personal profile emerges. The question is, what do trading foreign currency site operators do with this information? Most claim that they use it to make your experience on the site personal. For instance, if a trading foreign currency site learns that you are interested in trading foreign currency, the next time you visit the site, you might be presented with an article or advertisem
products. But some trading foreign currency websites sell this information to marketers, which means that you may find yourself receiving unwanted stuff such as catalogues from garden suppliers. Our preferred retailer does not do this. more…

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