1. Overview & Scope
Welcome to NovaTrade ("the Application", "we", "us", or "our"). This Privacy Policy explains how data is collected, utilized, and safeguarded when using our Android mobile application distributed via the official Google Play Store and this companion informational portal.
We adhere strictly to international data protection principles, including the European General Data Protection Regulation (GDPR) and Google Play Developer Guidelines.
2. Purely Simulated Nature
IMPORTANT NOTICE: NovaTrade is an educational simulation platform. All account balances (including the €100,000 initial capital), buy/sell orders, gains, and tax deductions are 100% virtual. NovaTrade never requests banking credentials, credit cards, or actual financial deposits.
No real monetary transfers or financial transactions are ever executed through this service.
3. Data We Collect
NovaTrade adheres to strict data minimization principles:
- Optional Account Data: If you choose to create a profile, your email address, display name, and securely hashed password are processed via Firebase Authentication.
- User Preferences: Stored locale selection (among 13 supported languages), chosen fiscal residency for tax calculations, and UI theme preferences.
- Simulation Ledger: Open holdings, trade history, average buy prices, and portfolio timeline.
- Local Profile Avatar: If you select a custom profile image, it remains exclusively stored on your local device filesystem.
4. On-Device Local Persistence (Hive)
Simulation data and application state are stored locally on your device utilizing the high-performance, embedded Hive database. Your trading history and positions remain on your terminal and are cleared if you reset the portfolio within the app or uninstall the application.
5. Third-Party Service Providers
To provide real-time market data and secure authentication, the Application integrates the following trusted providers:
- Google Play Services (Google LLC): For distribution, updates, and core Android operating system integration.
- Firebase Authentication (Google LLC): For encrypted user authentication and optional email verification.
- Yahoo Finance & CoinGecko APIs: Queried directly by the application for publicly available equity and cryptocurrency price quotes. These queries do not transmit user personal data.
6. Purpose of Processing
Collected information is used exclusively to:
- Deliver virtual trading simulation and maintain portfolio state.
- Compute realistic country-specific tax and commission estimations.
- Retain user interface preferences and language settings.
We do not sell, rent, or distribute personal information to advertising brokers or marketing networks.
7. Your Rights (GDPR)
You have the right to:
- Access and review the personal data associated with your profile.
- Rectify your display name, email, or settings at any time within the Profile screen.
- Delete & Reset: Clear all local simulation data instantly via the "Reset Portfolio" button or request complete deletion of your authenticated account.
8. Security & Data Retention
We implement industry-standard encryption protocols (HTTPS / TLS) for all network communication with cloud services. Authentication credentials are cryptographically protected.
9. Privacy Inquiries
If you have questions regarding this Privacy Policy or wish to exercise your data rights, contact us at:
NovaTrade Privacy Support
Email: support@novatrade.app