Magic Stocks AI

Privacy Policy

Privacy Policy

Effective Date: 08 November 2024 | Last Updated: 08 November 2024

At MagicStocks.ai, we value your privacy and are committed to protecting your personal information. This Privacy Policy outlines how we collect, use, disclose, and safeguard your data when you use our Software-as-a-Service (SaaS) platform, which provides AI-driven stock market analysis based on live and historical market data.

By using the MagicStocks.ai platform, you agree to the collection and use of information in accordance with this Privacy Policy.

1. Information We Collect

1.1 Personal Information

We may collect personal information that can identify you, such as:

  • Name
  • Email address
  • Phone number
  • Account information

1.2 Usage Data

We may also collect information about how the Service is accessed and used, including but not limited to:

  • IP address
  • Browser type
  • Device information
  • Pages visited and time spent on the platform
  • Clickstream data and other usage data to improve your experience

1.3 Stock Market Data

In the course of providing stock market analysis, we may collect real-time and historical data, but this is typically anonymized and used solely to enhance the AI models. We do not retain this stock data in a manner that can be tied to an individual user unless you've explicitly linked a brokerage account.

2. How We Use Your Information

2.1 To Provide the Service

We use your personal and usage information to:

  • Operate, maintain, and improve the MagicStocks.ai platform.
  • Provide personalized stock market analysis and AI-driven insights.
  • Communicate with you about your account, updates, and promotions.

2.2 To Improve User Experience

We may use aggregated data to better understand user behavior and to enhance the platform's features and functionality.

2.3 For Analytics

We use third-party analytics tools to track and analyze trends in how users interact with our Service to improve our offerings.

3. Data Sharing and Disclosure

3.1 With Your Consent

We may share your data with third-party services (such as brokerage platforms, or sign-up options) only when you explicitly authorize us to do so.

3.2 Service Providers

We may employ third-party companies and individuals to facilitate our Service (e.g., data hosting, analytics, customer support). These third parties have access to your personal data only to perform specific tasks on our behalf and are obligated not to disclose or use it for any other purpose.

3.3 Legal Requirements

We may disclose your personal information if required by law or in good faith belief that such action is necessary to:

  • Comply with legal obligations.
  • Protect and defend the rights or property of MagicStocks.ai.
  • Prevent or investigate possible wrongdoing in connection with the Service.

4. Data Security

We take data security seriously and use reasonable administrative, technical, and physical measures to protect your personal information from unauthorized access, use, or disclosure. However, please note that no method of transmission over the internet is 100% secure.

5. Data Retention

We will retain your personal data for as long as your account is active or as needed to provide the Service. If you close your account or request deletion, we will delete your personal data unless we are required to retain it for legal or regulatory purposes.

6. Your Data Rights

You have the right to access, update, or correct your personal information, and may also request deletion or data portability, subject to applicable laws.

7. Cookies and Tracking Technologies

MagicStocks.ai uses cookies to enhance your experience. You may disable them, but this may affect functionality.

8. Third-Party Links

Our Service may contain links to third-party websites. We are not responsible for their privacy practices.

9. International Data Transfers

By using the Service, you consent to data transfers outside your country.

10. Children's Privacy

Our Service is not intended for children under the age of 18. If we collect a child's information without parental consent, we will delete it.

11. Changes to This Privacy Policy

We may update this Privacy Policy periodically. Any significant changes will be communicated to you.

12. Contact Us

MagicStocks.ai

Email: support@magicstocks.ai

By using MagicStocks.ai, you agree to this Privacy Policy.