Privacy Policy

Last Updated: February 15, 2025

At Magnetex, we take your privacy seriously. This document explains how we collect, use, and protect your personal information when you visit our website or use our educational services related to stock market basics.

We operate in accordance with Canadian privacy legislation, including the Personal Information Protection and Electronic Documents Act (PIPEDA). If you're in British Columbia, the Personal Information Protection Act (PIPA) also applies.

Information We Collect

Personal Information You Provide

When you interact with Magnetex, we may collect information that you voluntarily provide. This includes details you share when filling out contact forms, subscribing to our newsletter, or reaching out through our communication channels.

  • Your name and email address when you contact us
  • Phone number if you choose to provide it
  • Any information you include in messages or inquiries
  • Educational background or experience level when relevant to your questions

Automatically Collected Information

Like most websites, we automatically collect certain technical information when you visit magnetex.vip. This helps us understand how people use our site and where we can improve the experience.

  • IP address and general location information
  • Browser type and version
  • Pages you visit and time spent on our site
  • Referring website or source that directed you to us
  • Device type and operating system

How We Use Your Information

We use the information we collect for specific, legitimate purposes. We don't sell your data to third parties, and we don't use it for anything beyond what's necessary to provide our educational services and improve your experience.

  • Responding to your questions and providing information about stock market education
  • Sending educational content if you've subscribed to our updates
  • Analyzing website traffic to improve our content and user experience
  • Maintaining the security and functionality of our website
  • Complying with legal obligations under Canadian law

We only keep your information for as long as needed to fulfill the purposes outlined above. Once it's no longer necessary, we securely delete or anonymize your data.

Data Storage and Security

Your information is stored on secure servers with industry-standard protections. We use encryption for data transmission and restrict access to personal information to only those team members who need it to perform their duties.

Our Security Measures

  • SSL encryption for all data transmitted through our website
  • Regular security audits and system updates
  • Restricted access controls with password protection
  • Secure backup systems with encrypted storage

That said, no method of internet transmission is completely secure. While we take reasonable precautions, we can't guarantee absolute security. We encourage you to use strong passwords and be cautious about the information you share online.

Cookies and Tracking Technologies

We use cookies and similar technologies to enhance your browsing experience. Cookies are small text files stored on your device that help us remember your preferences and understand how you use our site.

Types of Cookies We Use

  • Essential cookies: Required for basic site functionality
  • Analytics cookies: Help us understand visitor behavior and improve our content
  • Preference cookies: Remember your settings and choices

You can control cookie settings through your browser. Most browsers allow you to refuse cookies or delete them after your session. Keep in mind that blocking certain cookies might affect site functionality.

Your Privacy Rights

Under Canadian privacy law, you have several rights regarding your personal information. We respect these rights and make it straightforward for you to exercise them.

Rights You Can Exercise

  • Access: Request a copy of the personal information we hold about you
  • Correction: Ask us to update or correct inaccurate information
  • Deletion: Request that we delete your personal data (with some exceptions)
  • Withdrawal of consent: Unsubscribe from communications at any time
  • Objection: Object to certain types of data processing

To exercise any of these rights, contact us using the information provided at the end of this policy. We'll respond within 30 days of receiving your request, as required by PIPEDA.

Third-Party Services

We occasionally work with third-party services to help us operate our website and deliver educational content. These providers have access only to the information necessary to perform their specific functions.

  • Email service providers for newsletter distribution
  • Analytics platforms to understand website usage
  • Hosting services for website infrastructure

All third-party providers we work with are required to maintain appropriate security measures and use your information only for the purposes we specify. We don't share your data with advertisers or marketers.

Data Retention

We keep your personal information only as long as necessary for the purposes described in this policy. Different types of information have different retention periods based on legal requirements and business needs.

  • Contact form inquiries: Retained for up to 2 years after last contact
  • Newsletter subscriptions: Until you unsubscribe
  • Website analytics: Anonymized after 26 months
  • Email correspondence: Kept for up to 3 years for reference purposes

After the retention period expires, we securely delete or anonymize your information so it can no longer identify you.

Children's Privacy

Our website and services are intended for adults interested in learning about stock market basics. We don't knowingly collect personal information from individuals under 18 years of age.

If you believe we've accidentally collected information from a minor, please contact us immediately, and we'll delete it promptly.

Changes to This Policy

We may update this privacy policy occasionally to reflect changes in our practices or legal requirements. When we make significant changes, we'll update the "Last Updated" date at the top of this page.

We encourage you to review this policy periodically. If you continue using our website after changes are posted, you're accepting the updated terms.

International Data Transfers

Your information is primarily stored on servers located in Canada. If we need to transfer data outside Canada for any reason, we ensure appropriate safeguards are in place to protect your information according to Canadian privacy standards.

Questions About Privacy?

If you have questions about this privacy policy or how we handle your personal information, we're here to help.

Email us at [email protected]

Call us at +1 780-432-2428

Magnetex
1985 Rena Rd
Nanoose Bay, BC V9P 9B1
Canada