OPEN ACCOUNT

What is the registration fee?

It’s FREE, there is no registration fee.

How can I register?

Registering at optionxchange is extremely simple:

1. Click on “Open Trading Account” on the home page.

2. Fill in the mandatory details.

3. Submit the form.

4. You will receive a welcome e-mail with a verification link. Click on it.

5. That’s all! Welcome to optionxchange!

I have problems with the registration process. What should I do?

Our team at optionxchange are here for you, and are readily available to help! You can contact us by Email, phone, telephone or through the Live Chat button on top of the page.

Are payouts taxable?

Optionxchange traders are responsible for their taxation liabilities, if any, at their place of residence. See our general terms for more details.

How secure is trading with you?

We take all possible measures to ensure your utmost security. We use the internationally accepted security system SSL (Secure Sockets Layer) that encrypts all credit card payments over the web. This system is automatic, and you will receive instant notification if your browser does not support it.

PLATFORM

Should I install software?

No, optionxchange is a web-based trading platform, meaning you can login to your account and trade on any device that has an internet connection.

Where can I view my transaction history?

All your deposits, withdrawals and portfolio history can be viewed in the My Account section. Just login to your account and select the information you wish to view.

What is the time shown on this site?

The time is set at GMT +0 and it’s synchronized with the market time.

Colors of the rates on the trading platform

Green indicates the rising of a price, and red indicates the falling of a price.

What is a binary option?

A binary option is a prediction of which direction the price of an underlying asset will take by an expiry time. For example, if the price of gold is currently 1500, will it rise or fall by 5:00 PM? If the trader predicts correctly, he will receive the full payout stated in the contract. With a binary option, the trader never purchases or sells an asset, he merely predicts the direction, and the trade expires in-the-money even if he was only right by a single pip. Binary options are a safe way of trading, as the risk/reward is known from the outset. Payout structures vary, and are usually between 70% – 550% of the investment amount (depending on the type of option). Binary options have been growing rapidly in popularity since 2008, and became regulated by CySEC in 2012.

SUPPORT

How can I submit a complaint?

In case you have any complaints about the functionality of the website you must fill in and send the appropriate form. You can find the Client Complaint Form here, complete it, and send it to support@optionxchange.com

What should I do if I have forgotten my password?

Please click on “forgot password?” and a new password will be issued and sent to your email.

How can I update my personal details?

You can update the information in My Account>Personal Details or contact us by email.

How can I contact you?

The optionxchange support team is here for you. You can contact us via email (support@optionxchange.com), or by the given phone number for your area in the contact us page.

DEPOSIT

Deposit & Withdrawal Procedure

Setting up a trading account with optionxchange is simple and secure. Deposits and withdrawals into your account can be made via credit card or Bank wire transfer. Clients funds are held in segregated accounts and are insured for your protection. Additionally, we implemented different security measures in order to guarantee your financial and personal data. We use the latest security technologies to protect your data online and our compliance procedures are in line with international financial standards.

Know Your Client procedures
All our clients need to verify their identity, in order to open a trading account with optionxchange, by sending as a color copy of the following documents verifying their identity and residence.

Proof of Identity: Valid Identity Card or Passport.

Proof of Residence: Utility bill up to 6 months old (i.e. Water, Gas, Electricity, Phone Bill) or Bank Statement on the name of the client.

Documents may be submitted either by email to support@optionxchange.com or by using our documents submission system. You can find it when you are logged into your account – go to “My Account” page then to the “Upload Files” tab.

Deposit Methods
The below instructions apply to all optionxchange Clients.
Deposit via Credit/Debit Card (deposit fees do not apply).

Minimum deposit amount: EUR/USD 100

Maximum deposit amount per single transaction: EUR/USD 5,000

Login to your account.

Click on “Deposit” tab.

Select “Credit Card” as deposit type.

Fill in the online deposit form, enter the amount you wish to deposit in your account.

Approve the transaction by clicking the button “Apply”.

Provide to support@optionxchange.com Color copy of your Credit Card, showing only the name, expiration date, last four digits on the front and the signature on the back. For your reassurance, please ensure that all other details are concealed.

Your trading account will be credited with deposited amount within few minutes.

Your trading account can be funded ONLY via your own card. Third party funding is not allowed.
Deposit via Wire Transfer (there might be a transfer fee applied by your bank):

Minimum deposit amount: EUR / USD 100

Maximum deposit amount per single transaction: Unlimited

Login to your account.

Click on “Deposit” tab.

Select “Wire” as deposit type.

You will be provided with the Wire Transfer Details necessary to make the deposit.

Copy the Bank Account details provided, using the IBAN No according to the currency of your trading account to avoid currency conversion on the arrival of your funds.

Provide copy of the wire transfer confirmation (SWIFT) to support@optionxchange.com.

It can take up to 5 business days for the wire to appear in your trading account.

Your trading account can be funded ONLY from your own bank account. Third party funding is not allowed.

Withdrawal MethodsThe below instructions apply to all optionxchange Clients.

On the event of Withdrawal request, the funds will be transferred according to the original method used to fund your trading account.

In order to request the withdrawal, fill in the Withdrawal Form, that can be found under My Account/Withdrawal.

Filling in the form:

Client Information: fill in all required fields with relevant info.

Depending on the Withdrawal method, fill in the details for Credit Card or wire transfer:

If you choose Withdrawal via Credit/Debit Card all you need to fill in, is the Cardholder name and the last 4 digits of the Card number.

If you choose Withdrawal via Wire Transfer you are required to provide following information:

Beneficiary Bank: name of your bank

Beneficiary Bank Address: full address of your bank, including city and the country

IBAN No/Account No: IBAN no. is necessary for international transfers/ account no. is not mandatory

Beneficiary’s full name: your name as stated on the bank account

Intermediary Bank: this field is not mandatory

SWIFT/BIC code: please provide your Bank’s SWIFT or BIC code

3. Please sign the withdrawal form and send it back to us at support@optionxchange.com.

Once a withdrawal form is submitted, it can take up to 3 business days to approve and process the request. It can take up to 5 business days for the funds to show in your account.Kindly note, that we will only process your withdrawal request, if your account is in compliance with the Know Your Client legal requirements.

How can I withdraw money from my account?

You can withdraw money from your account by either using your credit card (in case you deposited money with credit card) or wire transfer.

What is the minimum deposit amount?

100 EUR, 100 USD, or 100 GBP, depending on the currency of choice in your account.

What are the procedures for deposits and withdrawals?

In order for a deposit or withdrawal to be successfully activated, proper documentation for personal identification must be supplied by e-mail to banking@optionxchange.com or by fax when your optionxchange account is established:

1. Picture ID: This can be any public document such as passport or driver’s license.

2. Documentation that can confirm present address, like a receipt within the last 6 months of a public utility bill.

3. If you invested by credit card, then a copy of the credit card used for the investment must be sent. For your own security, please cover your card number on the front of the card, leaving only the last 4 digits visible, and also cover the CVV number on the back of the card, leaving the signature visible.

That’s all! Now you can deposit and withdraw to your discretion.

What is the maximum deposit amount?

It depends on the deposit method.
1. Credit card – 5,000 USD
2. Wire – Unlimited
3. Western Union – 10,000 USD

What is a Swift Code?

A SWIFT code is the unique identification code of a particular bank that is used when transferring money between banks. Your bank can tell you what its SWIFT code is. If the SWIFT code comprises only eight digits, you will have to insert XXX at the end.

Wire transfer

At optionxchange, you can make any wire transfer over the amount of USD500(JPY50000). There is a commission of USD25 (JPY2500) added to the wire transfer. Please note that the wire transfer must be in accordance to the details which are posted on the banking page under Wire Transfer. Please email a copy of the wire transfer to banking@optionxchange.com. It can take up to 5 business days for the funds to appear in your optionxchange account.
For your information, there is a window of two businesses that are designated as a period of examination in optionxchange from the day that the payment request was received. After that examination period, the remittance to the customer will be completed within 5-7 business days.

Upon any uncertainty, question, or comment, please don’t hesitate to contact us. We are here to help!

TRADING

What is a Put Option?

Put represents the “down” direction that a price may take. If you believe that the price of the asset will fall by the expiry time, then “put” is the button to click.

What is a Call Option?

“Call” represents the “up” direction that a price may take. If you believe that the price of the asset will rise by the expiry, then “call” is the button to click.

How can I make a trade?

Once you have deposited funds, you can make a trade by clicking on “call” if you believe that the price of the chosen asset will rise by expiry, or by clicking on “put” if you believe that the asset price will fall by the expiry time. You will then be asked the amount you wish to ivest, and to approve the trade. The selection may be canceled by clicking on “X” at any time before the approval of the trade. Please note that the rate keeps updating in the investment box.

What return will I get in case of a successful investment?

A successful investment will be in accordance to the percentage displayed for the particular offer you wish to trade. Each option displays its own payout percentage, and optionxchange usually offers between 70% – 85% for traditional binary options, but you can trade One Touch options for payouts as high as 550%!

What return will I get if an option expires out of the money?

Optionxchange offers a 10% return of the investment if the option expires out of the money. When the option expire out-of-the-money, the 10% return is automatically transferred to the trader’s account.

What are the rates displayed in the trading boxes?

Rates are the quoted prices of the underlying assets. The rate is the price offered by optionxchange, based on live feeds from Reuters. Please not that rates offered by optionxchange are not always reflective of exact market prices – they can vary up to a few pips. The rates we present in the trading boxes on our home page are those at which optionxchange is willing to sell the options for.

What is the expiration rate?

The expiry rate is the price of the underlying asset at the time of expiry according to feed providers such as Reuters. This is the determining factor in if the option has expired in-the-money or out-of-the-money.

What is the expiration time?

The expiration time is the time and date at which an option expires.

Why do the rates continue to change before I make a decision?

Like the market, rates at optionxchange are dynamic and change every second. The market fluctuations affect our automatic pricing engine, which displays rates at real-time. However, here at optionxchange, rate capturing is as good as technology allows. Additionally, you have the option to cancel your trade if you did not receive the exact rate you wished to trade on.

For your convenience, optionxchange makes rate analysis as easy as possible, by showing a blinking movement every time the price fluctuates, and by the color indicator, which turns the price green upon upward movement, or red upon downward movement.

What is Rollover?

When it’s close to expiry time of a binary option, the position is out-of-the-money, and the trader is convinced that the market will still move to his advantage, then he can decide to delay the expiration time by activating the “Roll-Over” feature and modifying accordingly the time of expiry.

To do so, the following requirements need to be fulfilled:

The specific binary option (i.e. the underlying asset, expiration time and product type) is still open and needs more than 3 seconds for closing time

The initial invested amount will increase by 30%

The position needs to be “out-of-the-money

The Roll-Over capability is not available for the last trade of the day

The Roll-Over capability is only offered once per position

What is Double Up?

If you are close to your expiry time, and you think that the direction you predicted is on a roll, then you have the chance to “do it again” by clicking on Double Up. By doing this, you can create a new trade with the same conditions, for the current price of the asset. In a nutshell, when things look good, Double Up gives you the opportunity to increase your investment and thus, double your profits.

Double Up Benefits:

Increase your investment on open positions

IMake double the profit on expiry

IImmediately capitalize on a strong position

Why am I unable to make a trade?

Unsuccessful trades are usually a result of insufficient funds, or if you are attempting a trade on an asset outside of the market trading hours. If neither of these reasons are the case, please contact us by mail to support@optionxchange.com, or by phone.

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CONTACT
support@optionxchange.com
compliance@optionxchange.com
UK +44 20 35191840
RISK WARNING
Binary options trading involves significant risk. We strongly advise that you read our Terms & Conditions. Although the risk when trading binary options is fixed for each individual trade, the trades are live and it is possible to lose an initial investment, particularly if a trader chooses to place his entire investment to a single live trade. It is highly recommended that traders choose a proper money management strategy which limits the total consecutive trades or total outstanding investment.
www,optionxchange.com is Owned and Operated by Globe & co Ltd of the Financial Services Centre, Stoney Ground, Kingstown, St. Vincent & the Grenadines. Billing and Clearing services are provided by  A CORPORATION LTD of 15 Wheeler Gate, Nottingham NG1 2NA, UK.