Where can I view the precise trading hours of each asset?
To view a list of all of our trading assets, along with trading hours, trading symbols and a description of the asset please visit our Asset Index.
What is the time shown on OptionWeb?
All times displayed on the OptionWeb are displayed in GMT (Greenwich Mean Time).
What is the maximum investment amount?
Currently the Maximum investment amount on one option is 1000, but several positions of 1000 can be opened at the same time.
What is a binary option?
Binary options are a simple and rewarding financial trading product. Binary options deliver a fixed return on every trade which is made, depending on whether the trade was “In The Moneyâ€, “Out Of The Money†or a “Tieâ€. Binary options – which are also referred to as digital options – are one of the fastest growing financial trading products in the world because their simplicity, together with the certainty which they offer on every trade, makes them an attractive trading tool for many financial investors. When buying a binary option the potential return it offers is certain and known before the purchase is made. Binary options can be bought on virtually any financial product and can be bought in both directions of trade either by buying a “Callâ€/“Up†option or a “Putâ€/“Down†option. This means that an investor can go long or short on any financial product simply by buying a binary option. Binary options are offered against a fixed expiry time which may be e.g. 5-30 minutes in the future, an hour ahead or at the close of the trading day.
Why can’t I access my account?
Two possible reasons:
- Your password is wrong, check the password we have sent you upon registration.
- Your account was suspended because of lack of documents. The EU regulation obliges OptionWeb to ask you for the following documents, if you haven’t sent them in the 48 hours following your deposit your account will be suspended until your documents are validated:
1. A Photo ID. This must be government issued and can be a driver’s license, passport or residency card. (Front/Back).
2. Proof of residence of less than 6 months such as a utility bill. This must verify your physical or billing address in the country of your residency. Your name and address should appear clearly.
3. If invested through credit card, a copy of the credit card used for the investment must be sent. The copy should be that of the front and back of the credit card with the first 12 digits of the front of the credit card covered and the 3 CVV digits on the back of the card should be covered as well.
These documents should be scanned in clear copies and sent via email to [email protected] with your name in the subject line of the email.
Should you encounter problems gathering the aforementioned necessary documents or have any questions, please do not hesitate to contact me via mail, phone or directly on OptionWeb through the chat window.
I have problems with the registration process. What should I do?
Contact our award-winning support team, and they will quickly resolve your problem. You can reach us via e-mail ([email protected]), or by contacting one of our satellite offices or via our on-line chat service.
What is an Underlying Asset?
Assets are any tradable products which a financial market can be based upon. The most common assets which are traded through financial markets are commodities (e.g. gold, oil, platinum), stocks (e.g. Microsoft, Nike, Citi, Coca Cola), currency pairs (e.g. euro-dollar, dollar-yen), stock indices (e.g. NASDAQ, Dow Jones, FTSE) and bonds. In binary options trading investors buy options on individual assets on a fixed expiry time in order to try to benefit from the price changes which are occurring within the underlying asset.
Colors of the rates on the trading plaform
Green indicates a higher rate than the previous trading day’s closing level. Red indicates a lower rate than the previous trading day’s closing level.
Are payouts taxable?
OptionWeb™ customers 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 OptionWebâ„¢?
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. Also, We recommend to trade on our platform by Google Chrome or Mozilla Firefox to get better results. In addition our Cysec License obliges us to have a segregated account , used to keep our traders money separate from the firm’s money
What currency can I use for trading?
You can open an account in USD or EUR. Please note that you cannot change your currency selection after registration.
Do I have to deposit money for registration?
No. A deposit is not required and no credit/debit card details are required in order to register to OptionWeb
What is the registration fee?
None.
How can I withdraw money from my account?
You can withdraw money from your account by either credit card (in case you deposited money with credit card) or wire transfer.
What is the minimum deposit amount?
USD200 or EUR200, depending on the currency of choice in your account
What is the maximum deposit amount?
It depends on the deposit method. 1. Credit card – USD5,000 2. Wire – Unlimited 3. Western Union – USD10,000
Is there a minimum withdrawal amount?
There is no minimum withdrawal amount, however, yet you must take into account the fact that any withdrawal smaller than 100 € will be charged à 25€ fee.
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.
How can I cancel a withdrawal?
Even if your withdrawal request is being
processed, you will still be able to discontinue the withdrawal and return the
money to your account in OptionWeb™. The reverse withdrawal option is especially
useful when you do not have sufficient funds in your account, but you wish to
undertake other activities.In order to cancel a withdrawal please Contact us by either phone, chat or e-mail your account executive or support department.
Bonus Policy
TERMS & CONDITIONS
OptionWeb’s Bonus Policy: OptionWeb offers a number of attractive reward features to its new and regular customers. Bonuses and onetime trading credits rewarded to clients are part of OptionWeb’s promotions program. These bonuses are limited time offers and the terms and conditions associated with any bonus rewards are subject to change. To learn more about OptionWeb’s rewarding bonus and promotional offers please contact us via live chat, phone or email.
OptionWeb’s Bonus Withdrawal Policy
In order to withdraw your full bonus, you will be required to execute a minimum trading volume of 20 times for every $1 bonus. The bonus can only be withdrawn when the preceding stipulation has been fully met and fulfilled.
The withdrawal of funds from an account before completing bonus conditions will immediately nullify the bonus and will be removed from the account. Should the entire or part of the deposit on which the bonus is given be withdrawn prior to the 20 times the bonus volume has been traded then the following shall happen: The bonus shall be cancelled All the trading losses will come from the original deposit and the remaining balance may be withdrawn. The trading profits may be cancelled and the original deposit will be available for withdrawal.
Any indication of fraud, manipulation, cash-back arbitrage, or other forms of deceitful or fraudulent activity based on the provision of the bonus will nullify the account and any and all profits or losses garnered.
What is a Call Option?
An option that provides the holder with a
profit when the underlying asset rises in price compared with the level it
was purchased at. In the event that the option expires exactly at the same
price, the full original investment amount will be returned to the investor.
What is a Put Option?
An option that provides the holder with a
profit when the underlying asset falls in value relative to the purchase level. In
the event that the option expires at exactly the same price, the full original
investment amount will be returned to the investor.
How can I invest?
To invest is easy, simply choose between buying a
“call” or a “put” option on any asset which you want to trade.
Clicking on the call/put button will open a short investment sheet in the same box,
where you will be requested to enter the amount of the investment and to
approve execution. The selection may be canceled by clicking on “X”
at any time before approval of the transaction. Please note that the rates keep
updating in the investment sheet.
What return will I get if an option expires out of the money?
In the event that the option expires out-of-the-money, your account will be automatically credited with a percentage of your original investment. The percentage varies from 0-10% of the value of your original trade depending on the option you are trading. In the “Option Builder†mode that rate is under your control and can vary from 10% up to 80%.
For example, if you traded a Nasdaq Call option with a value of $500, and at the time of expiry your trade closed “out of the money” – you would receive a credit on your trade of anything between $0-$50, depending on the original option.
What is the expiration rate?
The expiry rate is the level of the
underlying asset at the time of expiry of the asset according to Reuters. This
is the determining level if the option has expired in-the-money or
out-of-the-money. A different expiry rate is determined for each underlying
asset.
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 when I make a choice?
OptionWeb™
deals are dependent on the markets, which are dynamic and change all the time.
The fluctuations in the market, in currency rates, and in other parameters,
affect our fully automated pricing engine. This is why rates may
change all the time. For your convenience, we developed the currency rates table
which displays market data in real time and can give you an indication as to
whether the rates are going up or down. When the rates in the bar are green it
means they went up since the last update, when they are red it means they went
down since the last update.
Why am I not able to make a trade?
1. All our assets are available during market
trading hours. Outside the market trading hours, the asset will not be displayed in OptionWeb™.
2. Another reason could involve a lack of sufficient funds in your account.
3. If none of the above answers your question, please contact us via email at: [email protected] or through our customer service phone numbers in your region (located under “contact us”).
What is Rollover?
Rollover is a powerful stop loss strategy that allows you to postpone the expiry of your option. When the market disagrees with you, that is – when it looks as though your prediction is not going to be on target by the upcoming expiry date, activate Rollover with the click of a button. This gives you another opportunity to close in the money.
Rollover Benefits: • Postpone the option’s expiry time • Utilize a powerful stop loss strategy • Get 30% higher returns when your option expires in the money for an added 30% investment • Turn loss into gain with time on your side
• The Roll over is available up to 10 minutes before the Expiry
Per each particular option Rollover can be applied only once.
*Rollover feature is not available for the end of the day trade.
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 • Make double the profit on expiry
• Immediately capitalize on a strong position
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?
You can contact usvia
e-mail ([email protected]), by calling one of our satellite
offices or via our on-line chat service.
HIGH RISK INVESTMENT WARNING: Trading Binary Options and Forex is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital. Please see our Risk Disclosure. Optionweb is a trading name of Lionsman Capital Markets Ltd, a Cyprus Investment Firm authorised and regulated by CySEC with licence number 175/12
Restricted Jurisdictions: We do not establish accounts to residents of certain jurisdictions including Canada and USA. For further details please see Terms & Conditions.