The following ‘Agreement’ governs and defines the terms and conditions for use and access of the “website” www.nowoption.com and its services by “you”, the visitor/user/client.
This agreement discloses the various terms and conditions, risk factors involved and other policies for using the website ‘Nowoption.com’. By accessing this website and using the services/products offered, you agree to the terms and conditions mentioned in the given agreement.
The agreement sets forward the terms and condition governing the rights and eligibility criteria that binds the official contract between you and NowOption.com, making you a client of the website. Your registration, with the website, use of it services and access to its products implies that you have read, understood and abide by the various effective terms and conditions. The agreement sets in motion upon your use of the services of NowOption.com and registration with the website.
If you do not wish to accept the stated terms guiding the use of NowOption.com and its services, you are requested to not use any service, product or feature of the website. Avoid registering with the website if you do not wish to accept the agreement and its terms.
Commencement of T&C’s / Agreement
NowOption.com holds the right to make changes and amendments in the agreement without prior notice and you are advised to keep a check on the terms from time to time.
These ‘Terms & Conditions’ agreement as mentioned here supersedes and surpasses all the previous agreements on the use of the services, risk factors and eligibility to register and trade with NowOption.com. Agreement after any modification overtakes the previous agreement and comes into the force the very day amendments are made and published.
In events where any of the term or provision of the mentioned Agreement becomes un-forcible or inapplicable for legal reasons, the remaining terms of the agreement shall continue to be in effect. The waiver given to a party on the un-forcible or invalid provision is only limited to the particular term and would not be taken in consideration when you fail to abide by the remaining terms of the agreement.
Online Services Agreement
The mentioned agreement is not just limited to contract between you and NowOption.com but also applies to the trading platform, software based information and currency feed given on the site, electronic content available on the site as well as other mentioned content, features and services that might or might not be added in the future.
By using the services offered by NowOption.com, its trading platform and the software services on the site, you are acknowledging the acceptance of the terms and conditions applicable.
You, as the visitor or customer, must be of a legal age of 18 years or above (or the legal age of your country of residency) to trade or use products or services given at NowOption.com. The agreement or contract requires you to be of a legal age in your country or jurisdiction and you are responsible to provide the accurate age related information. NowOption.com holds the right to ask you for age proof or identification documents to verify your given information. In case of doubt or unsatisfactory information, we in our sole discretion can or shall decline services to you.
The identification documents NowOption.com could ask for are, but not limited to, ID proof such as valid Passport or Driving License and Residence proof such as a utility bill or bank statement not older than 3 months.
NowOption.com is also not responsible for unlawful and unauthorized use of its services by minors or customers under the legal age.
NowOption.com is open to all types of traders but you must use the services and features only if you have the knowledge and sufficient experience to deal with financial trading matters and hold the merit to read and understand the risky up and down movements of the trading and financial market, without totally relying on the information given on our website. You must possess the skill to judge or take a decision on financial matters on your own without taking NowOption.com as your only source of knowledge and guidance.
By accepting this agreement you also accept that NowOption.com is not an adviser or financial guide. We provide the trading products and services but do not in any form act as an adviser on your financial decisions.
It is your obligation to find out the trading regulation of your country of residency before you open an account with the website. We, NowOption.com, are not responsible for any loss or damage done by taking part in trading activities without verifying the information on trading restrictions in your country.
Please note – Your ability to browse, access or use our services does not count the legality restrictions or issues in your jurisdiction. You might be able to use NowOption.com but that does not mean that our products and services are approved, legal and authorized under the law of your county of residence. You are responsible to gather the information on trading restrictions, if any, for your jurisdiction. You are obliged to verify the legal restriction of your jurisdiction and to comply with any legal regulation of your country for using NowOption.com.
To start trading and to register with the website, NowOption.com will ask you for valid ID and address proof to establish accurate personal information like name, age, country, date of birth etc. It is your responsibility to provide the valid and correct information to the website without misguiding the website on your eligibility criteria.
Also, once signed up you hold the sole responsibility of usage of the username and account password created for your trading. Any misuse, stealing or loss of such data has to be informed immediately and NowOption.com will not bear losses occurred, by loss or misuse of your username/password by you or someone else.
Not only are you responsible for providing true and valid information and document, when asked, you must also not in any case present yourself as someone else or impersonate another individual or hide your information and identity from NowOption.com,while trading on our website. Any business entity if represented by you also comes under the terms of agreement too and you must declare your authority to bring that business entity under the given agreement.
Risk Disclosure & Acknowledgement
Without limiting & judging the foregoing agreement, the services and products given by NowOption.com are meant for traders or visitors who acknowledge and understand the presence of various risk factors involved in financial marketing and trading. This form of trading is suitable only for those who are prepared to go through financial losses, market ups and downs, risk of making blind decision based on information that could vary with unseen events.
When trading with NowOption.com, you acknowledge and understand that there could be risk involved in financial trading regardless of the information, guide and services offered on the website and by the company, trading platform and software on the site. You must understand the movement of market and its susceptibility to changes causing the asset’s value to unexpectedly fall or rise without giving a hint or signal of any kind.
When biding in agreement with NowOption.com, you hereby declare to understand that:
- Any previous trade’s success or performance does not influence the performance of future trade.
- Old data or previous financial instrument does not guarantee success in future trades
- Presence of risk in trading is high despite good skills, successful financial strategies and instruments.
Any loss faced by you while trading an asset or using a product leading to unsuccessful trade is usually the amount invested in that particular trade. Nowoption.com will not be held responsible for any loss incurred on your invested money. The agreement between you and the site is not transferable to any other party or site.
Risk Free Trading
NowOption.com follows a protocol of launching different bonuses and promotional offers from time to time, including a Risk-Free trading promotion. These trading promotions or products are designed as an effective financial trading instrument for traders.
It is recommended that on receiving any such promotional mail you, the trader, must get in touch with your Personal Account Manger for details such as promotional eligibility, validity and applicable trade amount.
Promotions such as Risk Free trading are valid up to a trade of maximum $50 or its equivalent.
Limited License for Website Usage
The agreement with NowOption.com grants you non-transferable and limited access to use of the website. The license for use of the website, NowOption.com, is limited and requires you to use the site and its services responsibly. You must not copy, sell, share or give access to the website, its services, content and other material to any third party without any written consent from NowOption.com.
For breach of the above, you will be held responsible for any damage caused by unauthorized usage of the site and its services and products. You must and should only use the website and the information received, by the website, for any dealings and transactions within NowOption.com only.This agreement restricts you from abusing, torturing, threatening and embarrassing the company or an individual by using electronic communication feature of the website or any of its services or content.
Links & References
Links and references may be present on NowOption.com but they are controlled and managed by the third parties. Presence of such links on NowOption.com with respect to such sites is not, in any form sponsorship, endorsement, affiliation or approval of their services.
You must understand the risk involved in use and purchase of any product or information available on these third party references. Such third party links are available for the convenience of the user/visitor/client and you shall not hold NowOption.com responsible for any loss occurred by your dependence on such links and their services without verifying their reliability.
You might find various financial information and content largely obtained from electronic software, third party providers like affiliate partners, vendors and agents. The data including but not limited to covers financial news, currency feeds, trading charts, analyst opinions and suggestion as well as other financial content.
By providing and displaying the financial data, charts, quotes and news, NowOption.com is not acting as a financial adviser or investment expert. The data and any market trading changes based on it are circumstantial. NowOption.com is not responsible for any change or update in the information, news and financial content presented on the website. You must agree to depend and rely on such data and information by verifying and reviewing its reliability and suitability as per your requirements.
NowOption.com is to be excluded from any loss or damage caused by the use of information and content on the site. You must verify the financial data and base your decisions keeping in mind market’s uncertainty and its susceptibility to rise or fall on changing circumstances.
Any logo, trademark, trade name, company name, company icon and content given on the website is property of NowOption.com or its affiliates and unlawful use of such logo/content/images/data is breach of copyright laws. All the logos, content, trademarks and images and other data on NowOption.com is protected and safeguarded by copyright laws as well as international treaties. You must not use the same without taking prior permission or approval from the website.
Using, uploading, duplicating or posting the logo, images, data, content and other intellectual property of NowOption.com would be considered the breach of this agreement and its terms & conditions.
You agree to not misuse or delete or modify the intellectual data. The agreement also restricts you from deleting or modifying the terms of contract or any other material copied, downloaded or printed from the website. You must not acquire or use any other license to utilize the intellectual property available on NowOption.com. The only agreement you must abide to in regards to dealing with NowOption.com has to be the terms mentioned here.
This agreement requires you to defend, protect and indemnify NowOption.com, the company, its employees, agents, directors, officers and trading platform partners from any liabilities, losses, claims, damages, expenses including attorney’s cost and fees caused by but not limiting to –
- Your unauthorized access or misuse of the website and its services
- Your violation and breach of the mentioned contract and its terms
- Your violation of the laws and regulation applicable in your jurisdiction
Anti-Money Laundering Procedures
User/Client agrees not to use NowOption.com for means of unlawful money laundering. The website/company in its sole discretion holds the right to refuse to provide services to, or cancel, existing client accounts as well as reverse the ongoing transactions of clients who do not abide by the standard Anti-money Laundering policies and requirements as mentioned in the agreement including but not limited to –
- Live trader holds the responsibility of providing accurate information upon signing up with the website.
- Only Individuals or clients signed up for a live account are eligible for pay-outs.
- In case of using a credit card by a client for funding the trade, the earnings shall be paid to the person whose name is printed on the card that has been used for depositing funds. Money will be paid back to the same card.
- In case of telegraphic transfers, money would be released to the holder of originating bank account.
- NowOption.com allows only one account per client. Multiple accounts by same individual are not allowed. You must not try to open accounts with false identity and collect any pay-out through the same.
- As per its Anti-money Laundering policy, NowOption.com might ask you, the client, to provide valid identification proof including but not limited to passport, driver’s license and other documents for identity verification. NowOption.com holds the rights to suspend any account and its activity until the satisfactory identification proof has been provided.
Redeemable and Non Redeemable Bonus
The Company, at its sole discretion, may decide (but is not obliged) to offer bonuses, promotional offers or any other kind of benefits to the Client, to set its conditions, and/or change them without prior notice to the Client. The Company shall not be subject to reason its decision, nor to be forced to do the same in future transactions of the Client.
Once a Non-Redeemable bonus has been credited to a client’s account, they will be required to execute transactions for an amount at least thirty (30) times the amount of the Non-Redeemable Trading Bonus.
Furthermore, the Company may, at its sole discretion, credit the Client Non-Redeemable bonuses for each deposit made by the Client up to a maximum of two thousand five hundred dollars ($2500). Financial bonuses awarded to traders are dependent on the account type chosen upon registration, and are subject to Client’s full compliance with these Terms and Conditions:
- Each bonus offer is provided on a “one time only” basis for each registered user.
- The Non-Redeemable trading bonus will be automatically credited to the trading account after it has been approved.
- It is the client’s responsibility to contact customer support should they wish to be excluded from receiving Non-Redeemable trading bonuses; by accepting the Non-Redeemable bonus, the trader agrees to the Non-Redeemable trading bonus terms and conditions.
- Non-Redeemable trading bonuses cannot be redeemed for the cash value. Non-Redeemable trading bonuses are automatically withdrawn from the account after a withdrawal request has been made.
In the event that the entire or partial amount of the deposit on which the bonus is given is withdrawn before the Non-Redeemable bonus amount has been traded 30 times, the following shall apply:
- The Non-Redeemable bonus shall be canceled
- Withdrawal requests will be declined if trading requirements have not been met and further withdrawal requests will not be honored. The balance will be returned to the trader’s account but will not be available for withdrawal until all trading requirements have been met (please see “Wagering Requirements for First Non-Redeemable Trading Bonus” below).
- The Non-Redeemable Trading Bonus cannot be used in conjunction with any other promotional offer and cannot be exchanged for any cash equivalent. The Non-Redeemable Trading Bonus can only be used once and is non-transferable.
- This First Non-Redeemable Trading Bonus is only available to newly registered customers who make a first deposit to their Trading Account. Only one First Non-Redeemable Trading Bonus is awarded per person, household, shared computer and shared IP address.
- The amount given as the first Non-Redeemable Trading Bonus is non-redeemable for cash.
Wagering Requirements for First Non-Redeemable Trading Bonus are as follows:
- Traders must trade thirty (30) times the amount of the Non-Redeemable Trading Bonus.
NowOption.com has a defined withdrawal process and all withdrawal related request are handled and managed by the finance department of the company. When making a withdrawal request, you would be asked for identification documents (such as ID proof, residence proof, etc.). If deposit was made through credit card, then a copy of front and back of credit card will also be required with CVV at the back hidden and all the 16 digits in the front along with name, date of issue and card expiry must be visible. Also, the credit card being used must have a valid signature of the card holder at the back side of it.
Initial deposits made by you can be withdrawn, provided you have met and abide by all terms for bonus and rewards.
You will not be charged any withdrawal fee or commission for using Credit Cards for making withdrawals. NowOption.com also applies no withdrawal fee for Bank Transfer but you must meet the criteria of minimum withdrawal amount – €/$100 based on the currency as selected by you for your transaction.
If the withdrawal amount is below $1000 then a bank fee of $30 will be charged.
Upon submitting the request for withdrawal, you must allow NowOption.com up to 2-3 business days for processing the withdrawal request. Once the request for withdrawal is processed, the funds would be transferred to your account in 5-7 business days.
Minimum withdrawal amount is (EUR/USD) 100 and Maximum withdrawal amount (EUR/USD) is 10000. Currency could vary on the basis of your selection preference while creating the account.
Withdrawal of Redeemable Promotional Bonus
If you want to withdraw a Redeemable Bonus (offered in a special promotional offer), then a minimum trading volume of 90 times of the value of bonus is required.
For example, if you received a bonus of $100 you must generate a total trading volume of $9000 before you can withdraw the Redeemable Promotional Bonus amount.
You can check your traded volume by going to ‘Cashier’ section in your account and then clicking ‘Bonus History.
Inactive and Dormant Account
You, the customer, acknowledges and confirms that any trading account(s) where the you have not placed a trade, opened or closed positions and/or made a deposit into your trading account in a calendar month, shall be classified as an Inactive Account. Similarly, any trade where you have and continue to place a trade, open or close positions and/or make a deposit into the trading account the account shall be classified as an Active Account.
You must further acknowledge and accept that such Inactive Accounts will be subject to a monthly charge of $45 (or equivalent in other currencies), relating to the maintenance/administration of such Inactive Accounts.
Any Inactive Accounts, holding zero balance/equity, would be turned into a Dormant Account and for re-activation of Dormant Accounts, you must contact Customer Support Team/ Executive and inform them of the Customer’s wish to reactivate the Dormant Account. Once approved, a Dormant Account will then be reactivated (subject to, if required, up-to-date documentation as provided by the Customer) and become an Active Account.
Please note: A Dormant Account is again subjected to be turned into an Inactive Account if you fail to place a trade, open or close positions and/or made a deposit into the the trading account in a calendar month.