READ

Cookie Policy

READ

Cookie Policy

READ

Cookie Policy

Cookie Policy

Updated Date: May 25, 2025, 12:00 AM

1. Introduction

WORLD GOLDEN GATE VIRTUAL ASSETS BROKER & DEALER SERVICES L.L.C (“WGG”, “We”, “Us”) a newly established crypto broker-dealer in the UAE, operating under the regulatory framework of the Dubai Virtual Assets Regulatory Authority (VARA) – with registered Trade License Number 1417358, a company incorporated in the United Arab Emirates with registered address HILAL SALIM BIN TARRAF BUILDING, office – 214, Al Wasl, Dubai, UAE. The Company operates as a Broker-Dealer, providing services solely related to spot and OTC trading under VARA’s regulatory framework.

This Cookie Policy explains how WGG ("WGG", "we", "us", or "our") implements cookies and comparable tracking technologies when you visit or interact with our digital platforms, including www.worldgoldengate.com, related subdomains, features, content, or WGG-branded marketing communications (collectively, the "Platform").

This Policy provides details on:

  • The nature and types of cookies we use;

  • The purposes for which cookies are deployed;

  • Your rights and choices concerning these technologies.

Where cookies collect personal data or data that becomes personally identifiable when combined with other information, the https://worldgoldengate.com/privacy-policy shall apply in conjunction with this Cookie Policy. All capitalized terms not defined herein shall bear the meanings ascribed to them in our https://worldgoldengate.com/terms-conditions.

2. What Are Cookies?

Cookies are small data files stored on your device (computer, smartphone, tablet) when you access our Platform. They serve to recognize your device, improve platform security, personalize your experience, and gather analytics on your usage behavior.

Cookies are generally categorized as:

  • First-party cookies: Set directly by WGG.

  • Third-party cookies: Set by external service providers integrated into our Platform (e.g., analytics tools, advertising platforms).

Most cookies collect aggregated or pseudonymous data, such as browsing patterns or device-related information. More information is available at www.aboutcookies.org or www.allaboutcookies.org.

WGG’s cookie practices fully comply with the VARA Data Protection Rulebook and Federal Decree Law No. 45 of 2021 regarding the Protection of Personal Data in the UAE.

3. Legal Basis for Cookie Usage

Cookies on our Platform serve several business, security, and operational purposes, including:

  1. Legitimate Interests

We process certain data based on our legitimate interests, provided that such interests are not overridden by your data protection rights:

  • Security and Fraud Prevention: Monitoring for suspicious activity, preventing unauthorized access, and protecting the integrity of our systems and users.

  • Session Stability and Platform Integrity: Maintaining system performance, ensuring platform reliability, and preventing service disruptions.

  • User Recognition and Experience Optimization: Identifying returning users, preserving login states, and storing user preferences to enhance user experience.

  1. Contractual Necessity

Processing that is strictly required to fulfill our obligations under the services you request or use:

  • Execution of Trading and Platform Services: Processing orders, executing transactions, enabling account access, and delivering related trading functionalities.

  1. Regulatory and Legal Obligations

We process certain data to comply with legal and regulatory requirements applicable to WGG:

  • Regulatory Compliance (VARA and UAE Law): Monitoring activities for compliance, conducting audits, ensuring lawful reporting, and fulfilling record-keeping obligations under AML/CFT, cybersecurity, and virtual asset regulatory frameworks.

  1. Consent (Where Required)

For non-essential data processing activities, we rely on your explicit consent, which can be withdrawn at any time:

  • Analytics and Performance Insights: Gathering usage data to understand engagement trends and improve platform features, trading tools, and user interfaces.

  • Marketing and Personalization: Delivering tailored content, promotional materials, and service recommendations based on your interactions and browsing behavior.

  1. Service Optimization (Combination of Legitimate Interest and Contractual Necessity)

Certain functionalities may be supported by both legitimate interest and the necessity to deliver requested services:

  • Platform Operations: Ensuring order routing, trade execution, user authentication, and system responsiveness are seamless and reliable.

We use both first-party and third-party cookies for these purposes. While WGG controls its own cookies, third-party cookies are governed by the privacy policies of those external providers.

4. Categories of Cookies Used

WGG uses the following cookie types:

A. Essential Cookies

These are fundamental for core operations such as secure logins, platform stability, and execution of trades. These cookies:

  • Do not require user consent;

  • Cannot be disabled through browser settings;

  • Are implemented based on legal grounds including legitimate interest, performance of contract, and compliance with security requirements.

B. Session Cookies

Active only during your session on the Platform and deleted upon browser closure. They facilitate smooth page transitions and minimize the need to re-enter data. The basis for their use includes:

  • Your consent;

  • Contractual necessity;

  • Legitimate business interest.

C. Persistent Cookies

Remain on your device across sessions and are used to remember preferences and settings. They do not track browsing for advertising purposes. You may opt out of these cookies. Legal bases include:

  • Your prior consent;

  • Legitimate interests of service continuity.

D. Tracking & Analytics Cookies

These cookies measure engagement with the Platform and track interactions to evaluate feature effectiveness or campaign performance. Some may be operated by third parties. We implement them only with your consent.

E. Functional and Performance Cookies

  • Performance & Analytics Cookies: Track trading volumes, latency, and user activity to optimize the platform’s responsiveness.

  • Security Cookies: Detect cybersecurity risks, unauthorized access attempts, and fraud.

  • Personalization Cookies: Enable customized dashboards, alerts, and tailored trade recommendations.

5. Types Of Data Collected Through Cookies

WGG’s platform is not directed at children under the age of 21. We do not knowingly set cookies on minors’ devices, nor do we knowingly collect behavioral data from individuals below the legal age of consent.

WGG utilizes cookies strictly in accordance with VARA’s Data Protection Rulebook and Federal Decree-Law No. 45 of 2021 on the Protection of Personal Data. All cookie-related data collection is designed to maintain transparency, protect client security, and enhance operational performance. Information collected may include:

  • Trading Preferences:

Data on client activity related to limit orders, stop-loss mechanisms, and OTC trades to optimize order execution and improve trading experiences.

  • Device and Browser Identifiers:

Technical information that helps detect and prevent unauthorized logins, account breaches, or compromised credentials.

  • Geolocation Data:

Where required for jurisdictional or regulatory compliance, cookies may log user location data to align with regional restrictions and ensure proper access control.

  • Security and Anomaly Logs:

Information used to detect irregular trading behavior, potential fraud, and abnormal login patterns to strengthen cybersecurity posture.

All cookie-derived data is encrypted, securely processed, and never shared with unauthorized parties, in full compliance with VARA’s cybersecurity and operational resilience obligations. You retain full control over non-essential cookies, including the ability to modify or revoke your preferences at any time.

6. Cookie Retention Period

Cookie Type

Retention Period

Session Cookies

Deleted upon browser closure

Persistent Cookies

Retained until expiry or manual deletion

Essential Cookies

Duration of user interaction only

Tracking Cookies

Retained only upon user consent

7. Managing Cookies, Related Technologies, And Advertising Tracking

User Consent and Control:

WGG does not deploy any non-essential cookies without your express consent. When you first access our website (worldgoldengate.com), a cookie consent banner will appear, allowing you to manage your preferences. These choices are stored and respected for future visits. You can update or withdraw consent at any time by clicking the “Cookie Settings” link available in the footer.

WGG’s cookie consent mechanism is built using a compliant cookie banner that loads immediately upon a user’s first visit. The banner:

  • Classifies cookies by category\n- Allows users to Accept All / Reject All / Manage Preferences

  • Logs consent decisions in encrypted records, retained for 8 years

  • Ensures that no non-essential cookies are deployed before consent is provided

  1. Browser Settings:

Most modern web browsers allow you to control cookie behavior. You can usually find these settings in the “Options” or “Preferences” section. For additional help, refer to the official documentation below:

  1. Do Not Track (DNT) Signals:

Some browsers support DNT signals, but as there is currently no standard industry protocol for responding to these signals, our Sites do not process or respond to DNT requests. Where WGG relies on legitimate interest for data processing, such use is subject to rigorous assessments to ensure your rights and freedoms are not adversely impacted, in line with the UAE Data Protection Law.

  1. Custom Cookie Preferences:

Cookies may be used to help recognize your preferences, enable core site functionality, and improve site security. These typically do not personally identify you. However, some cookies may affect your site experience if disabled. You may decline these at your discretion, except for cookies that are essential for site functionality.

8. Duration of Cookies on Your Device

The lifespan of cookies depends on their type:

  • Persistent Cookies remain on your device until their expiry date or until you delete them manually.

Essential cookies remain active throughout your interaction with our platform, while tracking cookies are only stored upon your explicit consent and will persist as long as that consent remains valid.

9. Cookie Placement & User Consent

WGG deploys cookies transparently and only with your active consent, in accordance with VARA and UAE privacy laws. No non-essential cookie will be activated without prior user approval. Users are provided with full control over:

  • Reviewing current cookie settings

  • Adjusting tracking preferences

  • Opting out of non-essential tracking

All cookies are securely processed and stored in compliance with cybersecurity standards to protect against unauthorized access or misuse.

Where cookie data is processed outside the UAE or EEA, WGG ensures that all transfers comply with international data transfer frameworks, including Standard Contractual Clauses (SCCs) and UAE cross-border adequacy assessments. WGG prioritizes local hosting wherever feasible and adheres to CBUAE and VARA data localization directives.

10. Policy Updates

This Cookie Policy may be revised periodically to reflect changes in law, technology, or our operations. When updates occur, users will be notified upon their next visit.
By continuing to use our platform after such updates, you acknowledge and agree to the revised terms. If you do not agree with any changes, please discontinue use of our services.

All cookie preferences submitted by users are recorded and retained securely for auditing purposes for a minimum of 8 years. 

This record includes timestamp, device ID, session ID, and consent state (accept/reject/custom).

11. Previously Set Cookies

If you disable cookies, we will no longer collect data through them. However, data collected before disabling may still be processed in line with your original consent.

12. Contact Us

WGG is committed to safeguarding your rights under UAE Law and, where applicable, the EU General Data Protection Regulation (GDPR).

If you are a resident of the EU/EEA, you have the right to:

  • Access your personal data

  • Request rectification or deletion

  • Restrict or object to processing

  • Withdraw your consent at any time

  • Request data portability

  • Lodge a complaint with your Data Protection Authority

Where third-party cookie providers are located outside the EEA, we ensure that any data transfer is done in accordance with Articles 44–49 of the GDPR, including use of Standard Contractual Clauses (SCCs) and adequacy mechanisms.

For inquiries, complaints, or privacy-related concerns, please contact our Data Protection Officer (DPO) at: 

Email: dpo@worldgoldengate.com

Response time: Within 5 business days

Escalation rights apply in accordance with UAE Federal Decree No. 45 of 2021 and VARA Data Protection standards.