Optimal Fx Trader Options provides most transparent trading environment and discloses all terms and conditions in detail
This website services are related to and provided by Ideal Trader Options Trading Services Ltd (Seychelles company nr. 20686OI56) and Prime Technologies Ltd. (Saint Vincent and the Grenadines company nr. 20686OI56).
Please find below a comprehensive list of legal documents related to the use of optimalfxtraderoption.com website(s) and services. It is important that you make yourself aware of these and agree to them before using our website(s).
Client Agreement and General Terms & Conditions
1.1. This Client Agreement and General Terms & Conditions (hereinafter referred to as “Agreement”) is subject to your acknowledgement PRIOR to opening an account with optimal fx Trader Options. By opening an account and/or using our services you confirm that the Agreement has been read and understood by you and that you unconditionally agree to accept it and be bounded by its provisions. In case you do not agree (partially or wholly) with the terms set forth in the Agreement, please DO NOT proceed with registering with optimalfxtraderoption.com .
2.1. The Agreement is settled between Advanced Binary Technologies Ltd, reg. no. C44622 having its principal address at Office 590, Suites 5 Horsfords Business Centre, Long Point Road, Charlestown, Nevis, St. Kitts and Nevis, operating under the trading name “Ideal Trader Options” (hereinafter referred to as the “Company”) and yourself (hereinafter referred to as the “Client”).
2.2. All the relations, interactions, communication, services provision and other means of cooperation between the Company and the Client are solely ruled by the Agreement without any exceptions, unless stated otherwise. None of the contractual obligations stated in the Agreement can be rejected on the basis of the fact that the Agreement is a “distance contract”.
2.3. The Client understands that the Agreement can be only in effect in case the Client is of legal age. Under no circumstances shall the Company provide any services to any person under 18. All the accounts, data, history, log files and any other information of such persons shall be voided immediately without any possibility of restoration.
3.1. The scope of the services offered by the Company is as follows:
3.1.1. Trading platform designed for Binary Options trading via Internet
3.1.2. Execution of Binary Options trading orders
3.1.3. Market data (including but not limited to) currency pairs, metals, spot options, exchange data, commodities, shares market prices, market news, trading signals, analysis tools.
3.1.4. Trading accounts denominated in US Dollars and Euro
3.1.5. Acceptance, processing and segregation of the Clients’ deposits and funds and processing Clients’ withdrawals
3.1.6. Information provided at optimalfxtraderoption.com
3.1.7. Customer Support via a variety of communication channels (such as live chat, email, telephone, or other means available at the moment).
3.1.8. Any other services offered via optimalfxtraderoption.com or trading platform that are rendered by the third party providers.
3.2. The list of the services provided may be updated from time to time at the Company’s sole discretion, subject to a prior notice.
4. “Non Grata” Jurisdictions
4.1. The Company reserves the right to discontinue offering the aforementioned services in certain jurisdictions and/or countries at any time at its sole discretion. The Clients originating and/or residing in such countries will not be allowed to use the Company’s services. No USA citizens or residents are served at present.
4.2. The amendments to the restricted countries list can be performed by the Company at any time without prior notice whenever deemed necessary.
5. Age restrictions and eligibility
5.1. The Company’s services (partially or on the whole) are solely available for those capable of signing legally binding contracts and of legal age. Under no circumstances shall the Company provide any services to persons under 18. Such accounts, in case opened, shall be automatically closed and (if necessary) refunded. No exceptions shall be made from this provision.
5.2. The Company reserves a right to deny a Client, refuse to provide its services to a particular individual or a legal entity, cancel any of his/her/its accounts, and discontinue serving the Client at the Company’s sole discretion without explaining the reason. Such cancellations shall be the subject of a prior written notice.
5.3. The Company shall not be liable in any way for any piece of information published at optimalfxtraderoption.com by third parties (such as public comments, judgements, advices, opinions, etc) and for any information regarding the Company in any other websites. By the nature of the Internet none of the information can be fully controlled and must therefore be considered carefully prior to making any decisions and/or actions on its basis.
6. KYC procedures
6.1. Upon registration with Ideal Trader Options and, therefore, acceptance of the Agreement, a Client shall be provided with an account at Ideal Trader Options. The account owner data as well as the other relevant details shall be provided by the Client as required by the Company and the regulation.
6.2. The information provided (such as the Client’s name, address, phone number, mobile number, email, etc) shall be subject to KYC procedures and verification.
6.3. It is the Client’s sole responsibility and obligation to ensure the information provided is correct, complete, true, accurate, relevant and up-to-date.
6.4. The provision of misleading, false or outdated information may be considered a legal offence and may lead to the immediate closure of the Client’s account.
6.5. In any cases when the Security department has grounds to suspect that account has been accessed and used by a third party, the Company reserves a right to request a video call via Skype to confirm Client’s identity. In such case the Client must be able to confirm during the video call his/her trade patterns and provide the Company with identification documents. In case of strong grounds’ presence to presume that account has been seized by a third party the Company reserves a right to stop all activity of the account until the identification video call via Skype is made. In considerations of privacy of the Company’s Security department agents during the video call the Client will not have a video of agents.
If during 15 days after the request submission to confirm the identity of the account holder the Client hasn’t contacted the Company providing convenient time for the call, the Company reserves a right to terminate the account without the reimbursement of any losses or profits.
6.6. According to the regulatory requirements, a complete compliance shall be performed by the Company on the Client’s information. The scope of the measures constitutes Ideal Trader Options AML policy.
6.7 As a part of the AML policy the client shall be required to verify his/her account information prior to performing any financial or trading transactions. The verification shall include the submission of a color passport/ID copy, residence address proof, credit card possession proof (if applicable) and other documents as required by the EU AML directives. The scope of the documents required can be amended by the Company in accordance with the legislation.
If requested documents are not provided during 30 days the Company has a right to refund the deposit and terminate the account. Profits or losses will not be reimbursed in such cases.
7. Investment advice waiver
7.1. The Client unconditionally agrees that no information provided to the Client by Ideal Trader Options by means of the website, trading platform or any other means shall be considered an investment advice from the Company. None of the information published by the Company shall be intended to affect the Client’s trading decision(s) in any way. The Company shall not bear any liabilities thereof and shall not be liable for any losses incurred as a result of the Client’s trading.
7.2. The losses that the Client may bear are restricted solely by his/her personal funds deposited into the Company. No additional fees can be implied as a result of the Client’s trading.
8. Client’s obligations
8.1. By entering the agreement the Client unconditionally confirms that:
8.1.1. All the personal data provided by the Client upon opening the account with Ideal Trader Options are accurate, up-to-date, correct and true
8.1.2. The Client is of legal age.
8.1.3. The Client is the sole owner and beneficiary of his/her account
8.1.4. It is the Client’s sole responsibility to ensure that there are no legal or any other causes preventing him/her from using the Company’s services. The Company shall not be liable for using its services in the jurisdictions which restrict or prohibit binary options trading in any way. Such cases shall be considered abusing the Company’s services and the Company shall not bear any responsibility for the legal consequences of such actions.
8.1.5. The funds deposited by the Client have legal origin and do not originate from any sort of criminal activity or any other activity prohibited by the law.
8.2. The Clients acknowledges that he/she is solely and completely responsible for any activities performed in his/her accounts, including deposits, withdrawals, any placed or displaced orders. The Client acknowledges that under no circumstances the Company shall be liable for the outcomes or consequences.
8.3. The Client acknowledges that it is his/her sole responsibility to keep all the account credentials (such as logins, passwords, email addresses, etc) safe and unreachable for any third party. The Company shall not be liable to any damages or losses incurred as a result of the Client’s granting (intentionally or unpremeditatedly) the access to the account to any third parties.
8.4. The Client understands and accepts the risks involved into the binary options trading. The Client has read and understood the Risk Notice available at optimalfxtraderoption.com prior to opening the account with Ideal Trader Options.
8.5. The Client acknowledges that the Company shall not be liable for any technical malfunctions of whatever nature on the Client’s side. Such may include (but not limited to): internet connection malfunctions, delays, blackouts, losses of data and speed between the Company’s servers and the Client’s device(s), any errors or bugs related to any third party (i.e. not provided and/or developed by the Company) software, any disconnections or other malfunctions of any nature on whatever internet provider’s behalf, any losses of data on the Client’s side, any operating system failures, any hardware or software breakdowns on the Client’s side, any malwares, vulnerabilities or viruses, etc. The Company shall not be liable to any damages or losses incurred as a result of abovementioned events.
8.6. The Client acknowledges that under no circumstances does the Company guarantee flawless and rapid access to the website and/or platform in all the regions of the world, all the providers and all the rest means of communication. The Company shall not be responsible for any failures resulting from the inadequate conditions of internet connection in various regions as well as any other losses and damages caused by connectivity issues, which the Company can not affect
8.7. The Client shall be solely responsible for his/her taxation obligations, governmental fees or any other liabilities implied by the law and shall fulfill them on his/her own.
8.8. The Client unconditionally agrees to abide by the Company’s Anti-Money Laundering policy and remain adherent to it at all times. Any breach of the policy as well as any attempt to perform any activities that can be considered or fall under suspicion of money-laundering shall lead to the immediate account termination. The Company reserves a right to report such cases to the corresponding authorities and bodies.
8.9. The Client acknowledges that under no circumstances any deposits/withdrawals to/from the third persons shall be performed. Any deposit or withdrawal request intended (or suspected to be intended) to a third person shall be declined in all cases. By using the Company’s services the Client unconditionally agrees that any financial transactions (whether in- or outgoing) must be performed SOLELY by the Client on his/her behalf only. No exceptions shall be made from this provision. Both the Company and the Client agree to make their best effort to comply with the policy and the international AML legislation.
8.10. The Client accepts and understands that only one account shall be allowed for a single person. Opening multiple accounts (unless reasonable grounds provided prior to opening) shall be considered an abuse and shall be terminated.
8.11. The Client agrees that following or not following any trading signals provided by the Company in cooperation with third party providers shall remain the Client’s sole decision and responsibility. The Company shall not be liable for the results of the trading or any losses caused by it.
9. Platform Abuse
9.1. The Client unconditionally agrees that some of the existing trading practices (whether performed intentionally or not) shall be considered abusive by the Company and shall lead to the account termination. Such may include (but not limited to):
9.1.1. Abusing or manipulating the prices/quotes
9.1.2. Abusing system errors
9.1.3. Arbitrage trading or latency arbitrage
9.2. It will remain the Company’s policy to ensure the Client’s convenience and positive experience and to interpret any doubts in favour of the Client. Yet, whenever the Company shall have grounds to believe the Client intentionally abuses or manipulates the platform, the Company reserves a right to terminate such account, modify or close existing orders, decline or cancel closed orders. The Company reserves a right to take appropriate preventive measures to protect itself from any kind of abuse and/or manipulation.
9.3. According to Company’s policy multiple accounts operations are prohibited. It is not allowed to trade using third party’s account or give credentials to third party to perform trading on your account. Evidence of multiple accounts activity includes but not restricted to:
9.3.1. usage of the same IP address
9.3.2. multiple accounts exposing identical deposit/withdrawal patterns
9.3.3. multiple accounts displaying same or identical trading patterns
9.3.4. group trading is considered a commercial trading which is prohibited
Upon the discovery of such actions the Company reserves a right to terminate all affected accounts without any reimbursement of profit/losses.
10. Withdrawal procedure and regulations
10.1. The Client has a right to withdraw funds from his/her account at any time subject to his/her own decision.
10.2. All the withdrawals from the Client’s account (regardless of the amount) shall be performed via withdrawal requests submitted by the Client in the platform only. No requests shall be accepted via any other means, such as telephone conversations, live chat, email, etc.
10.3. All the data of the requests, transactions and other interactions related shall be logged and saved accordingly.
10.4. All the withdrawals shall undergo an AML compliance check by the Company. The following general rules shall be applied:
10.4.1. Withdrawal shall be only performed to the same payment requisites that had previously been used for depositing the account. In case various requisites were used, the withdrawal shall be performed on a proportional basis.
10.4.2. In case credit/debit card had been used for deposit, a color photo of the card (with certain numbers and the CVC hidden) shall be requested prior to withdrawal.
10.5.Note: Mini, Standard, Executive and Vip comes with an upgrade if the profit exceeds expected Amount. It’s the customers decision to choose any of the upgrade plans above their current/active plan when upgrading. Also know that there are taxes and brokerage fee to be paid by new investors only.
10.6. Under no circumstances the withdrawal shall be performed to a third party’s payment requisites.
10.7. In case the Client’s withdrawal request amount exceeds the actual account balance, such withdrawal request shall be declined.
11.1. No deposits shall be accepted from the third parties. Such deposits shall be refunded immediately. This in particular is related to the credit/debit card deposits. The cardholder name without exceptions must match the account holder name. Any deposits failing to comply with this rule shall be voided immediately.
11.2. In case the deposit option nature does not presuppose instant credit and requires certain time to be processed (i.e. local or global bank wire transfer) the deposit shall be performed via a deposit notice. The deposit notice shall be created by the Client in his/her personal area. Upon reception of the funds the Company shall process the deposit request accordingly (i.e. credit the Client’s account with the actual received amount). The Client acknowledges that by nature of the bank transfer in exceptional cases such request may take up to 14 business days to be processed.
12. Account risks
12.1. The Client acknowledges that by definition he/she is the only person authorized to perform any trading activity in his/her account. Should the Client decide to grant access to his/her account to any third person and authorize this person to trade, the Client unconditionally accepts that he/she will bear complete responsibility for this action. The Company shall not be liable for any results (whether positive or negative) of such behaviour.
12.2. The deal closes according to the expiration time. If during the low volatility market there were less than three ticks in a deal it will not be recognized as a valid one. The investment of the deal shall be reimbursed to the trading balance.
13. Record Keeping
13.1. The Client acknowledges that all the phone conversations, live chat logs, emails and other conversations shall be recorded by the Company.
13.2. The records shall remain the Company’s property during the whole storage time.
13.3. Under no circumstances shall the Company disclose any information contained in the records unless requested under the court verdict or any other legal request from the governing bodies.
13.4. The Client agrees that the data may be used for the Company’s marketing and research activities held from time to time.
14.1. The Company shall provide trading reports containing the scope of all the Client’s account activities on a regular basis by email.
14.2. The statement shall be considered correct upon reception by the Client.
14.3. The Client agrees to opt-in to receive the reports by opening the account with Ideal Trader Options.
14.4. The Client has a right to refuse from receiving the reports at anytime via his/her personal area.
14.5. The reports shall not be provided in hard-copies.
15.1. The Company’s website, all materials and information contained therein, trading platform, brand name, domain names, etc are protected by the international copyright legislation.
15.2. It is strictly prohibited to copy, represent, or in any other way use this information for the purpose of promoting whatever activities and/or businesses.
15.3. It is strictly prohibited to copy, publish, display, disclose, rent, modify, lease, distribute, decompile or reverse engineer the Ideal Trader Options trading platform. Any attempts to do so shall be the subject of the court hearings in accordance with the international intellectual property legislation.
16. Other sources
16.1. Links to other websites owned by the third parties may be posted at the Company’s website.
16.2. Such links do not represent authorization, coordination, cooperation, authorization, affiliation, sponsorship or any other kind of relationship with the aforementioned parties. The Company shall not be liable to any damages or losses incurred as a result of the usage of the abovementioned websites.
17.1. The Company reserves a right to update and/or amend the provisions of these Terms and Conditions subject to prior notification.
18.2. The Terms and Conditions do not constitute nor create any rights nor obligations to any third party.
18.3. The Client is not allowed to transfer whole or any part of his/her rights or obligations subject to these Terms and Conditions to any third party.
18.4. Any notices, news, messages send from the Company to the Customers by means of email, phone, internal platform messages or any other communication means shall be deemed received by the Client within 24 hours from the release. No claims shall be accepted on the failures of delivery, failures to receive and/or read them.
18.5. The Terms and Conditions on the whole as well as any disputes arising thereof shall be governed by the law of St. Kitts and Nevis
19. Force Majeure
19.1. A Force Majeure Event includes, without limitation, any act, incident or circumstance occasioned by act of God, war, fire, civil commotion, terrorism, flood, storm, interruption of power supply, electronic, communication equipment failure, civil unrest, act of government, labour dispute, inability to communicate with quotes providers for whatever reason, the suspension or liquidation of any third-party whatsoever or any other reason beyond the Company’s reasonable control.
19.2. The Company shall not be liable for any kind of loss or damage incurred by the Client due to a Force Majeure Event.
19.3. The Client acknowledges that the Company shall in its reasonable opinion determine that a Force Majeure Event occurred or is about to occur; under such circumstances the Company shall take reasonable steps to inform the Client.
19.4. If the Company determines that a Force Majeure Event occurred, at Company’s sole discretion and without prejudice to the Client’s rights under this Agreement, the Company may:
– close any open positions at a price that the Company considers reasonable
– implement amendments to any closed positions
– amend the content of this Agreement by reason of impossibility for the Company to comply with it
– decline or postpone Client’s funds withdrawal in a certain payment system
19.5. The Company shall not be considered in breach of this Contract to the extent that performance of its respective obligations (excluding payment obligations) is prevented by a Force Majeure Event that arises.
19.6. If a Force Majeure Event occurs, The Company shall, at all times take all reasonable steps within its respective powers and consistent with good faith and international industry practices (but without incurring unreasonable additional costs and at Company’s sole discretion) to resolve every situation as it deems appropriate.
RISK DISCLOSURE STATEMENT
TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, THE SERVICES, THE SERVICES PROVIDER MATERIALS AND ANY PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF SERVICES PROVIDER ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS AND SERVICES PROVIDER EXPRESSLY DISCLAIMS, AND YOU WAIVE, ANY AND ALL OTHER WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT OR WARRANTIES ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE IN TRADE. WITHOUT LIMITING THE FOREGOING, SERVICES PROVIDER DOES NOT REPRESENT OR WARRANT THAT THE SITE, THE SERVICES OR SERVICES PROVIDER MATERIALS ARE ACCURATE, COMPLETE, RELIABLE, CURRENT, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. SERVICES PROVIDER DOES NOT GUARANTEE THAT ANY ORDER WILL BE EXECUTED, ACCEPTED, RECORDED OR REMAIN OPEN. EXCEPT FOR THE EXPRESS STATEMENTS SET FORTH IN THIS AGREEMENT, YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED UPON ANY OTHER STATEMENT OR UNDERSTANDING, WHETHER WRITTEN OR ORAL, WITH RESPECT TO YOUR USE AND ACCESS OF THE SERVICES. WITHOUT LIMITING THE FOREGOING, YOU HEREBY UNDERSTAND AND AGREE THAT SERVICES PROVIDER WILL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES ARISING OUT OF OR RELATING TO: (A) ANY INACCURACY, DEFECT OR OMISSION OF PRICE DATA, (B) ANY ERROR OR DELAY IN THE TRANSMISSION OF SUCH DATA, (C) INTERRUPTION IN ANY SUCH DATA AND (D) ANY DAMAGES INCURRED BY ANOTHER USER’S ACTIONS, OMISSIONS OR VIOLATION OF THIS AGREEMENT.
In consideration of the Service Provider agreeing to enter into Agreement with the Customer, Customer acknowledges, understands and agrees that:
- Trading Non-Deliverable Bitcoin Settled Products are Very Speculative and Risky. Trading Non-Deliverable Bitcoin settled products are highly speculative and is suitable only for those Customers who (a) understand and are willing to assume the economic, legal and other risks involved, and (b) are financially able to assume losses significantly in excess of Margin or deposits.
Trading with Non-deliverable Bitcoin settled products are not an appropriate investment for retirement funds. Customer represents, warrants and agrees that Customer understands these risks; that Customer is willing and able, financially and otherwise, to assume the risks of Trading with Non-Deliverable Bitcoin settled products and that loss of Customer’s entire Account Balance will not change Customer’s life style.
- High Leverage Can Lead To Quick Losses. The high leverage associated with trading with Non-Deliverable Bitcoin settled products can result in significant losses due to price changes. Customers must maintain the minimum margin requirements on their open positions at all times. It is the Customer’s responsibility to monitor his/her account balance. The Service Provider has the right to liquidate any or all open positions whenever the minimum margin requirement is not maintained. Increasing leverage increases risk.
- Prices, Margin And Valuations Are Set By The Service Provider And May Be Different From Prices Reported Elsewhere. The Service Provider will provide indicative prices to be used in trading, valuation of Customer positions and determination of Margin requirements. Although the Service Provider expects that these prices will be reasonably related to prices available in the open market, prices reported by the Service Provider may vary from prices available to banks and other participants in what is known as the open market. The Service Provider will exercise considerable discretion in setting and collecting Margin.
- Market Recommendations Are Informational, Customer Makes Independent Decisions, And The Service Provider Is Not An Adviser Or A Fiduciary To Customer. The market recommendations provided by the Service Provider do not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell, any contracts. Each decision by Customer to enter into a buy or sell order or other transaction with the Service Provider and each decision whether such order or other transaction is appropriate or proper for Customer is an independent decision by Customer. The Service Provider is not acting as an advisor or serving as a fiduciary to Customer. Customer agrees that the Service Provider has no fiduciary duty to Customer and no liability in connection with and is not responsible for any liabilities, claims, damages, costs and expenses, including attorneys’ fees, incurred in connection with Customer following the Service Provider trading recommendations or taking or not taking any action based upon any recommendation or information provided by the Service Provider.
- Recommendations Are Based On Personal Judgments And Are Not Guaranteed. The market recommendations of the Service Provider are based solely on the judgment of the Service Provider personnel. These market recommendations may or may not be consistent with the market positions or intentions of the Service Provider, its affiliates and employees. The market recommendations of the Service Provider are based upon information believed to be reliable, but the Service Provider cannot and does not guarantee the accuracy or completeness thereof or represent that following such recommendations will reduce or eliminate the risk inherent in Trading with Non-deliverable Bitcoin settled products.
- There is no Central Market or Clearinghouse Guarantee. Each trade, order or position is a contract directly between the Service Provider and the Customer. There is no clearing house and no guarantee by any other party of the Service Provider payment obligations to the Customer.
- No Guarantees of Profit. There are no guarantees of profit or freedom from loss in Trading with Non-Deliverable Bitcoin settled products. Customer has received no such guarantees from the Service Provider or from any of its representatives. Customer is aware of the risks inherent in Trading with Non-deliverable Bitcoin settled products and is financially able to bear such risks and withstand any losses incurred.
- Customer May Not Be Able To Close or Open Positions. Due to market conditions, Website maintenance, technical issues, system failure or other circumstances the Service Provider may be unable to close existing position or open new position at the level specified by Customer, and Customer agrees the Service Provider will bear no liability for failure to do so.
- Service Interference and Third Party Attacks. There may be third party or other attacks targeting computers/networks, spreading malware, running botnets, (D)DOS attacks, defacing websites, violations of network security, etc. which can material alter, intercept or otherwise interfere with the giving or execution of an Order or the transfer of funds to and from the Customer’s Account. Customer acknowledges, understands and accepts that the Service Provider shall bear no responsibility or liability whatsoever for it.
- Indemnification. You agree to indemnify and hold harmless Operator and Services Provider, its affiliates, contractors, licensors, and their respective directors, officers, employees and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages (including attorneys’ fees, fines or penalties imposed by any regulatory authority) arising out of or related to (i) your use of, or conduct in connection with, the Services, (ii) your breach or our enforcement of these Terms, or (iii) your violation of any applicable law, regulation, or rights of any third party during your use of the Service. If you are obligated to indemnify Operator and Services Provider, its affiliates, contractors, licencors, and their respective directors, officers, employees or agents pursuant to this clause, Operator and Services Provider will have the right, in its sole discretion, to control any action or proceeding and to determine whether Operator and Services Provider wishes to settle, and if so, on what terms.
The proper handling of personal data is extremely important to us. We therefore take your privacy seriously when processing and protecting your personal data. This is done in accordance with provisions set out in the applicable privacy laws (including the General Data Protection Regulation). We want you (hereinafter: «user») to understand how and why Ideal Trader Options Trading Services Ltd. (hereinafter referred to as «Ideal Trader Options» «we» «our» or «us» or «Company») a company incorporated in the Republic of Seychelles with a company number of 206865 collects, processes, uses, and shares your personal information (hereinafter: «Personal Information», «PI», «PD») when you use our website optimalfxtraderoption.com , software, applications and other online products and services (collectively, the «Services») or when you otherwise interact with us or receive a communication from us. By visiting optimalfxtraderoption.com you are accepting and consenting to the practices described in this policy.
We take great care to limit the Personal Information we collect and use only for the purposes, which are necessary for providing our Services.
Ideal Trader Options Trading Services Ltd collects and processes personal information that is necessary for legitimate business purposes, which will be disclosed to any person whose personal data is being collected, held or processed (hereinafter: «data subject») at the time of collection. Ideal Trader Options Trading Services Ltd will use and process this information only for the purposes for which it was collected, retaining the personal information only for so long as it is required for specific purpose of collecting the information.
Ideal Trader Options Trading Services Ltd will not collect sensitive personal data except when permitted or required to do so by law, and will do so only for legitimate business purposes. If in any other instance a need arises to collect sensitive personal data, Ideal Trader Options Trading Services Ltd will do so only with the data subject’s express consent, which can be withdrawn at any time.
We retain your Personal Data for as long as it is required to satisfy the purpose for which they were collected and used, unless a longer period is necessary for our legal obligations or to defend a legal.
Personal data, or personal information, means any information about an individual from which that person can be identified. It does not include data where the identity has been removed (anonymous data).
- Purposes of Personal Information collection
We may deliver, personalize, and improve our Services by combining and using the information we have about you (including information we receive on and off our Services) to understand how you use and interact with our Services and the people or things you’re connected to and interested in. We also may use the information we have about you for the following purposes:
- Provide, maintain, improve, and develop relevant features, content, and Services;
- Fulfil your requests and when authorized by you;
- Research and develop new services;
- Detect and defend against fraudulent, abusive, or unlawful activity;
- We use your location to personalize the content you provide and to serve targeted ads;
- Research and develop new services;
- Send you technical notices, updates, security alerts, invoices and other support and administrative messages;
- Provide customer service;
- Communicate with you about products, services, offers, promotions, and events, and provide other news and information we think will be of interest to you;
- Telephone number and address of the wallet can be used for implementation of transactions;
- The e-mail address can be used to carry out mailings with your consent;
- Personalize the Services and provide advertisements, content and features that match user profiles or interests.
We collect general anonymous analytical information on the use of the services for their optimization.
We provide you with controls to manage your experience with us. You can change the privacy settings in your account at any time.
- Personal Information
- We may collect, use, store and transfer different kinds of personal data about you which we have grouped together as follows:
Information you give us. We receive and store any information you enter on our website or give us in any other way. You provide most such information when you search some information on our website, subscribe to our newsletters, fill out a form for any media, events or partnership inquiries, communicate with our support service. For example, you provide information when you communicate with us by post, e-mail, or otherwise. As a result of those actions, you might supply us with such information as your name, address, e-mail, phone numbers, etc.
Automatic information. We receive and store certain types of information whenever you interact with us. For example, like many websites, we use «cookies», and we obtain certain types of information when your web browser accesses our website.
Information from other sources. We might receive information about you from other sources and add it to our account information.
We also collect, use and share aggregated data such as statistical or demographic data for any purpose. However, aggregated data is not considered personal data as this data does not directly or indirectly reveal your identity. For example, we may aggregate your usage data to calculate the percentage of users accessing a specific website feature.
We do not collect any special categories of personal data about you (this includes details about your race or ethnicity, religious or philosophical beliefs, sex life, sexual orientation, political opinions, trade union membership, information about your health and genetic and biometric data). Nor do we collect any information about criminal convictions and offences.
- Personal Information we collect and use
User information. The information that we collect includes unique identifiers, browser type and settings, device type and settings, operating system, mobile network information including operator name and phone number and application version number. We also collect information about the interaction of your browsers and devices with our services, including OS, IP address, specifications and the date, time and referrer URL of your request.
Account information. To create an account, you must provide a username, e-mail and password. You can also choose to add a payment or other information to your account.
Actions you take. We collect information about the actions you take when using the Services. This includes your interactions with content, public, posting comments, interests in the projects. It also includes your interactions with other users or projects.
Other information. You may choose to provide other information directly to us. For example, we may collect information when you request customer support or otherwise communicate with us. You may provide us with the information about your e-mail to receive mailings and to confirm transactions.
- When you access or use our Services, we may also automatically collect information about you
Technical data. We may log information when you access and use the Services. This may include your IP address, browser type, operating system, device information (e.g., device IDs), hardware settings.
Logs of our services, including messages about their work problems, may contain the driver versions, software installation paths, and the computer’s operating time.
Information collected from cookies. When you use our website, we may send one or more cookies to collect data analytics. When you use third-party affiliate, links registered in our services, cookies will be stored on your device within 14 days from the moment of using such link, for the purposes of successful registration.
Location information. We may receive and process information about your location.
We may receive personal data about you from various third parties and public sources as set out below. Technical Data from the following parties:
- analytics providers such as Google based outside the EU;
- advertising networks; and
- search information providers.
- We may collect, use, store and transfer different kinds of personal data about you which we have grouped together as follows:
Cookies are typically stored on your computer’s hard drive. Information collected from cookies is used by us to evaluate the effectiveness of our Site, analyze trends, and administer the Platform. The information collected from cookies allows us to determine such things as which parts of our Site are most visited and difficulties our visitors may experience in accessing our Site. With this knowledge, we can improve the quality of your experience on the Platform by resolving access difficulties and recognizing and delivering more of the most desired features and information.
We use third party service provider(s), to assist us in better understanding the use of our Site. Our service provider(s) will place cookies on the hard drive of your computer and will receive information we select, that will educate us on such things as how visitors navigate around our site, what products are browsed, and general Transaction information. Our service provider(s) analyses this information and provides us with aggregate reports. The information and analysis provided by our service provider(s) will be used to assist us in better understanding our visitors’ interests in our Site and how to better serve those interests.
The information collected by our service provider(s) may be linked to and combined with information that we collect about you while you are using the Platform. Our service provider(s) is/are contractually restricted from using information they receive from our Site other than to assist us.
- Uses made of the information
- We use information held about you in the following ways:
Information you give to us. We will use this information:
- to carry out our obligations arising from any contracts entered into between you and us and to provide you with the information, products and services that you request from us;
- to provide you with information about other goods and services we offer that are similar to those that you have already purchased or enquired about;
- to provide you, or permit selected third parties to provide you, with information about goods or services we feel may interest you. If you are an existing customer, we will only contact you by electronic means (e-mail or SMS) with information about goods and services similar to those which were the subject of a previous sale or negotiations of a sale to you. If you are a new customer, and where we permit selected third parties to use your data, we (or they) will contact you by electronic means only if you have consented to this. If you do not want us to use your data in this way, or to pass your details on to third parties for marketing purposes, please tick the relevant box situated on the form on which we collect your data;
- to notify you about changes to our service; or
- to ensure that content from our site is presented in the most effective manner for you and for your computer.
Information we collect about you. We will use this information:
- to administer our site and for internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes;
- to improve our site to ensure that content is presented in the most effective manner for you and for your computer;
- to allow you to participate in interactive features of our service, when you choose to do so;
- as part of our efforts to keep our site safe and secure; or
- to measure or understand the effectiveness of advertising we serve to you and others, and to deliver relevant advertising to you; or
- to make suggestions and recommendations to you and other users of our site about goods or services that may interest you or them.
Information we receive from other sources. We will combine this information with information you give to us and information we collect about you. We will use this information and the combined information for the purposes set out above (depending on the types of information we receive).
We will use and process your Personal Information only for the purpose(s) for which it has been provided to us.
- Disclosure of your information
You agree that we have the right to share your personal information with:
With our partners. We may share information with vendors, consultants, and other service providers (but not with advertisers and ad partners) who need access to such information to carry out work for us. The partner’s use of personal data will be subject to appropriate confidentiality and security measures.
For example: to make payments, confirm phone numbers and improve the functioning of the services.
To comply with the law. We may share information in response to a request for information if we believe disclosure is in accordance with, or required by, any applicable law, regulation, legal process or governmental request, including, but not limited to, meeting national security or law enforcement requirements. To the extent the law allows it, we will attempt to provide you with prior notice before disclosing your information in response to such a request.
In an emergency. We may share information if we believe it’s necessary to prevent imminent and serious bodily harm to a person.
To enforce our policies and rights. We may share information if we believe your actions are inconsistent with our user agreements, rules, or other optimal Trader Options Trading Services Ltd policies, or to protect the rights, property, and safety of ourselves and others.
With our affiliates. We may share information between and among Ideal Trader Options Trading Services Ltd and any of our parents, affiliates, subsidiaries, and other companies under common control and ownership.
With your consent. We may share information about you with your consent or at your direction.
We may partner with third-party advertisers, ad networks to deliver advertising and content targeted to your interests and to better understand your use of the Services. These third parties may collect information sent by your computer, browser, or mobile device in response to a request for content, such as unique identifiers, your IP address, location or other information about your computer or device.
If you submit personally identifiable information to us through the optimal Trader Options Trading Services Ltd Services, then we may use your personal information to operate, maintain, and provide features and functionality of our website, app and another services.
Other information, that does not personally identify you as an individual is collected by optimal Trader Options Trading Services Ltd (such as, by way of example, patterns of use) and is exclusively owned by Ideal Trader Options Trading Services Ltd. optimal Trader Options Trading Services Ltd can use this information in such manner that Ideal Trader Options Trading Services Ltd, in its sole discretion, deems appropriate.
We may share specific aggregated, non-personal information with third parties, such as the number of users who have registered with us, the volume and pattern of traffic to and within the website, etc. That information will not identify you, the individual, in any way.
We shall not use your email or other contact information for sending of commercial proposal, other marketing needs, without your prior consent.
As were mentioned above, when you send us messages, we can keep them for administering of your inquiries, for improving of our services. We shall not transfer information from such messages to third parties.
- We use information held about you in the following ways:
- Where we store your personal data
All personal information you provide to us is stored on our secure servers. Any payment transactions will be encrypted. Where we have given you (or where you have chosen) a password which enables you to access certain parts of our site, you are responsible for keeping this password confidential. We ask you not to share a password with anyone.
Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our site; any transmission is at your own risk. Once we have received your information, we will use strict procedures and security features to try to prevent unauthorised access.
- Your rights regarding collected PI
You can access and change certain information through the Services.
You may delete your account information at any time from the preferences page. But we may retain certain information about you as required by law or for legitimate business purposes after you delete your account.
If you initially consent to our collection of location information, you can subsequently stop the collection of this information at any time by changing the preferences on your browser.
You have the right to receive information regarding purposes of Personal information collection, regarding third parties, to which we disclose your personal information, information, regarding safeguards that are applicable for secure storage of your Personal information, period of time for which Personal information will be stored.
You also have the right to demand erasure of personal data concerning you sending us a request. optimalfxtraderoption.com Trading Services Ltd shall fulfil your request in appropriate period of time. If there is no other lawful ground for storing and processing of your PI, as prescribed by applicable law, Ideal Trader Options Trading Services Ltd shall erase such information. If there is another legal ground for such processing, Ideal Trader Options Trading Services Ltd shall notify you in appropriate period of time.
You also have the right to demand restriction of the storing and processing of the PI, if legal grounds for such demands have arisen / as prescribed in applicable law.
You have the right to object processing of personal data concerning yourself under circumstances, that are prescribed in applicable law. In case of such objection, Ideal Trader Options Trading Services Ltd shall restrain from processing of your PI, if there will be no other legal grounds for continuing of processing.
optimalfxtraderoption.com Trading Services Ltd takes your rights very seriously. However, if you are of the opinion that we have not dealt with your complaints adequately, you have the right to submit a complaint to the data privacy protection authorities responsible.
You have the right to ask optimalfxtraderoption.com Trading Services Ltd to provide you with a structured, list of previously provided PI. You also can ask Ideal Trader Options Trading Services Ltd to transmit your PI to previously chosen third party.
To send a request for delete, rectification and submission of PD please use the feedback form.
- Protection of the Personal Information
We provide the following safety measures regarding protection of Your PI:
- evaluation of the effectiveness of used security measures, prior to the launch of the website and its updates;
- establishing rules to access to personal data processed by the website, as well as ensuring registration and recording of all actions performed with PI in the information systems of the website;
- detection of the facts of unauthorized access to PI and the adoption of appropriate response measures;
- restoration of PI that was modified or destroyed due to unauthorized access to them (within the framework of technical capability of the Project).
We use, store and process your PI on optimalfxtraderoption.com Trading Services Ltd servers in various jurisdictions, where our facilities and/or service providers are located. By filling a «consent application» You agree to this transfer, storing, or processing. Ideal Trader Options Trading Services Ltd will take all steps reasonably necessary to ensure that your Personal Data is treated securely and in accordance with this Policy. Ideal Trader Options Trading Services Ltd protect your Personal Data under internationally acknowledged standards, using physical, technical, and administrative security measures to reduce the risks of loss, misuse, unauthorized access, disclosure, and alteration. Some of the safeguards optimalfxtraderoption.com Trading Services Ltd use are firewalls and data encryption, physical access controls to our data centers, and information access authorization controls. Ideal Trader Options Trading Services Ltd also authorize access to Personal Data only for those employees or contractors who require it to fulfil their job or service responsibilities. All of our physical, electronic, and procedural safeguards are designed to comply with applicable laws and regulations. Third parties may be located in other countries where the laws on processing of Personal Data may be less stringent than in your country. From time to time, the Personal Data may be also stored in other locations, and in such cases, Ideal Trader Options Trading Services Ltd will ensure that the Personal Data will be stored and processed with the reasonable level of care and security.
If optimalfxtraderoption.com Trading Services Ltd becomes aware of security systems breach, then we may attempt to notify you electronically so that you can take appropriate protective steps. optimalfxtraderoption.com Trading Services Ltd may post a notice on our website if the security breach occurs.
When the personal data breach is likely to result in a high risk to the rights and freedoms of users, Ideal Trader Options Trading Services Ltd will inform you.
- Contact us
For the purpose of the Data Protection Act 2004, the data controller is Ideal Trader Options Trading Services Ltd of Suite 1, Second floor, Sound & Vision house, Francis Rachel Str., Victoria, Mahe, Seychelles
RISK DISCLOSURE STATEMENT
TRADING AND FINANCING TRADES IN CRYPTOCURRENCY ENTAILS CERTAIN RISKS. THIS RISK DISCLOSURE STATEMENT CANNOT AND DOES NOT DISCLOSE ALL RISKS AND OTHER ASPECTS INVOLVED IN HOLDING, TRADING, OR ENGAGING IN FINANCING OR FINANCED TRANSACTIONS IN CRYPTOCURRENCY. BEFORE TAKING A LEVERAGED POSITION, YOU SHOULD ENSURE THAT YOU UNDERSTAND THE RISKS INVOLVED AND CONSIDER YOUR LEVEL OF EXPERIENCE AND ALL THE POTENTIAL RISKS. YOU SHOULD CAREFULLY CONSIDER PRIME XBT TRADING SERVICES LTD. TERMS AND CONDITIONS AND, TO THE EXTENT NECESSARY, CONSULT AN APPROPRIATE LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. RISKS INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING
- Market Risk:
The market for cryptocurrency is still new and uncertain. No-one should have funds invested in cryptocurrency or speculate in cryptocurrency that she is not prepared to lose entirely. Whether the market for one or more cryptocurrency will move up or down, or whether a particular cryptocurrency will lose all or substantially all of its value, is unknown. This applies both to traders that are going long and to traders that are shorting the market. Participants should be cautious about holding cryptocurrency.
- Liquidity and Listing Risk:
Markets for cryptocurrency have varying degrees of liquidity. Some are quite liquid while others may be thinner. Thin markets can amplify volatility. There is never a guarantee that there will be an active market for one to sell, buy, or trade cryptocurrency or products derived from or ancillary to them. Furthermore, any market for cryptocurrency may abruptly appear and vanish. Ideal Trader Options Trading Services Ltd. makes no representations or warranties about whether a cryptocurrency that may be traded on the optimal fx any point in the future, if at all. Any cryptocurrency is subject to delisting without notice or consent.
- Legal Risk:
The legal status of certain cryptocurrency may be uncertain. This can mean that the legality of holding or trading them is not always clear. Whether and how one or more cryptocurrency constitute property, or assets, or rights of any kind may also seem unclear. Participants are responsible for knowing and understanding how cryptocurrency will be addressed, regulated, and taxed under applicable law. There is a risk that in some jurisdictions cryptocurrency might be considered to be a security, or that it might be considered to be a security in the future. Ideal Trader Options Trading Services Ltd. does not give warranties or guarantees that any cryptocurrency are not a security in all jurisdictions. Your is bound to check if acquisition and disposal of cryptocurrency is legal in his jurisdiction, You undertakes not to use cryptocurrency should their use not be legal in the relevant jurisdiction. If You establish that the use of cryptocurrency is not legal in Your jurisdiction, You should not use cryptocurrencies, not acquire them and should immediately stop using or possessing them if such case arises.
- Exchange Risk:
Having cryptocurrency on deposit or with any third party in a custodial relationship has attendant risks. These risks include security breaches, risk of contractual breach, and risk of loss. Participants should be wary of allowing third parties to hold their property for any reason.
You acknowledge that Ideal Trader Options Trading Services Ltd. is not responsible for any losses or damages of any kind arising either directly or indirectly from a withdrawal of funds from your account by a third party due to the loss of credentials
You acknowledge that Ideal Trader Options Trading Services Ltd. is not responsible for any losses or damages of any kind arising either directly or indirectly from the sending of cryptocurrency to the wrong wallet address during the withdrawal of funds from their Ideal Trader Options Trading Services Ltd. account
You acknowledge that any cryptocurrency may be lost if sent to the wrong address (for example but without limitation, if the address is improperly formatted, contains errors, or is intended to be used for a different type of cryptocurrency). You accept that Ideal Trader Options Trading Services Ltd. is not responsible for any losses or damages whatsoever arising directly or indirectly due to any such error.
- Trading Risk:
In addition to liquidity risks, values in any digital token marketplace are volatile and can shift quickly. Participants in any cryptocurrency market are warned that they should pay close attention to their position and holdings, and how they may be impacted by sudden and adverse shifts in trading and other market activities.
- Risks Associated with Financing Activities:
When you finance a purchase or sale of cryptocurrency on a peer-to-peer basis, you run the risk of losing your provided financing. Similarly, when you accept financing to enter a trading agreement, you accept the risk of not being able to repay that financing (e.g., if the market price of the cryptocurrency you purchased with the financing falls). Participants should know all of the terms of any contracts they enter and how their trading strategies and other market and risk factors can affect their financing obligations.
You acknowledge that any cryptocurrency may be cancelled, lost or double spent, or otherwise lose all or most of their value, due to forks, rollbacks, Attacks, changes to cryptocurrency Properties or failure of the cryptocurrency to operate as intended. You accept that Ideal Trader Options Trading Services Ltd. is not responsible for any losses or damages whatsoever arising directly or indirectly due to the occurrence of any such event.
You accept and acknowledge that Ideal Trader Options Trading Services Ltd. shall have, and maintains, the right to refuse orders to establish new or larger positions or to buy or sell Instruments.
You accept and acknowledge that Ideal Trader Options Trading Services Ltd. shall have the right to reduce the size of your open positions. optimal fx Trader Options Trading Services Ltd. will inform you as soon as practicable regarding such reduction and the reason hereof.
- Risk of theft and hacking:
Hackers or other groups or organizations may attempt to interfere with the Website or the availability of cryptocurrency in any number of ways, including without limitation denial of service attacks, Sybil attacks, spoofing, smurfing, malware attacks, or consensus-based attacks. You hereby agree that optimal fx Trader Options Trading Services Ltd. shall have no liability for any such loss Your incur.
- Risk of security weaknesses in the Website and/or cryptocurrency source code or any associated software and/or infrastructure:
There is a risk that the Website and cryptocurrency may unintentionally include weaknesses or bugs in the source code interfering with the use of or causing the loss of cryptocurrency.
- Risk of weaknesses or exploitable breakthroughs in the field of cryptography:
Advances in cryptography, or technical advances such as the development of quantum computers, could present risks to cryptocurrencies which could result in the theft or loss of cryptocurrency.
- Internet transmission risks:
You acknowledge that there are risks associated with using the cryptocurrency including, but not limited to, the failure of hardware, software, and Internet connections. You acknowledge that Ideal Trader Options Trading Services Ltd. shall not be responsible for any communication failures, disruptions, errors, distortions or delays You may experience when using the Website and cryptocurrency, howsoever caused.
You acknowledge that you may be prevented from sending a transaction request, or a transaction request or email may not be received by optimal fx Trader Options Trading Services Ltd. or the Services, due to hardware, software or services issues (including, without limitation, Internet and other network connectivity issues). You accept that optimal fx Trader Options Trading Services Ltd. is not responsible for any loss or damage whatsoever arising directly or indirectly due to any such issues.
- Banking risks:
You acknowledge that optimal fx Trader Options Trading Services Ltd. cannot be held liable for the number of days passing between the transfer of fiat funds from your account on Ideal Trader Options Trading Services Ltd. until the time that the transferred funds are booked on the account with the receiving bank.
You acknowledge that subject to a transfer instruction being complete and correct, incoming transfers of fiat funds will only be booked on your account and be at your disposal once Ideal Trader Options Trading Services Ltd. has received the funds
You acknowledge that Ideal Trader Options Trading Services Ltd. cannot be held liable for the number of days passing between the transfer of fiat funds by the sending bank until the time that the transferred funds are received by Ideal Trader Options Trading Services Ltd. and booked on your account.
You bear the sole responsibility to determine if the purchase of cryptocurrency or the potential appreciation or depreciation in the value of cryptocurrency over time has tax implications for You in Your home jurisdiction. By purchasing cryptocurrency and to the extent permitted by law, You agree not to hold any of Ideal Trader Options Trading Services Ltd., its affiliates, shareholders, directors or advisors liable for any tax liability associated with or arising from the purchase of cryptocurrency.
You are solely responsible for withholding, collecting, reporting, paying, and/or remitting any and all taxes to the appropriate tax authorities in such jurisdiction(s) in which You may be liable to pay tax. Ideal Trader Options Trading Services Ltd. shall not be responsible for withholding, collecting, reporting, paying, and/or remitting any taxes (including, but not limited to, any income, capital gains, sales, value added or similar tax) which may arise from Yours acquisition of cryptocurrency.
- Risk associated with the activity of the Market Maker:
You acknowledge that optimal fx Trader Options Trading Services Ltd. may act as a Market Maker in certain assets.
You acknowledge that optimal fx Trader Options Trading Services Ltd., when acting as a Market Maker, may quote you bid and ask prices. Notwithstanding this, you accept that Company name has no obligation to quote prices to you at any time in any given market, nor an obligation to quote prices with a specific maximum spread to you.
You accept that optimal fx Trader Options Trading Services Ltd., as Market Maker, may hold positions that are opposite to your positions, resulting in potential conflicts of interest between optimal fx Trader Options Trading Services Ltd. and You.
- Leverage risks:
Please trade with caution when you use leverage in trading or investing. If You do not use leverage properly it can have extreme effects on Your accounts. You can lose a huge amount of money if a trade works against You. Trading and dealing with cryptocurrency high leverage is a high level risk.
It can be very risky for the beginners to use high leverage because You generally do not have enough experience in trading high leverage. You should not trade with it until You get a clear idea how it works.
- Unanticipated risks:
Cryptocurrencies and blockchains are new and untested technology. In addition to the risks set forth here, there are risks that optimal fx Trader Options Trading Services Ltd. cannot foresee and it is unreasonable to believe that such risks could have been foreseeable. Risks may further materialize as unanticipated.