Terms & Conditions

Notice

Please read these terms and conditions carefully. By accessing this site, you agree to be bound by the terms and conditions below (and in particular but without limitation to the exclusion of warranties and liabilities, below). If you do not agree to the terms and conditions below, do not access this site, or any part of it.

WGM Services Ltd. (aka GlobalOption Ltd.) ("GlobalOption"). All rights reserved.

Copyright in the pages and in the screens displaying the pages, and in the information and material therein and in their arrangement, is owned by Win Global Markets Inc. operating GlobalOption.com brand through its fully owned subsidiary WGM Services Ltd, unless otherwise indicated.

Trademarks and other Intellectual Property Rights

GlobalOption and the GlobalOption logotype are trademarks and service marks of GlobalOption and are used and/or registered throughout the world. GlobalOption and its affiliates also claim rights in certain other trademarks and service marks contained in these web pages.

You acknowledge that all intellectual property rights in this site (including but not limited to all patents, copyrights, design rights, trademarks, service marks, trade secrets, know-how, database rights and other rights in the nature of intellectual property rights (whether registered or unregistered) and all applications for the same anywhere in the world) belong to GlobalOption and its affiliates and you shall have no rights in or to the site other than the right to use it in accordance with the terms of this license.

Use of Information and Materials

You must only use this site in accordance with all applicable laws. You must not load or transmit through the site any computer virus or anything designed to interrupt or disrupt the proper operation of the site. You may only copy or download any part of the site where we have expressly stated that you may do so and then only for your private use or any other use we have expressly permitted (and in accordance with this license and, if you have an account with us, in accordance with our terms and conditions relating to that account). Subject to that you shall not copy or reproduce the site in whole or in part or otherwise make the same available to any person.

The information and materials contained in these pages, and the terms, conditions, and descriptions that appear, are subject to change. Unauthorized use of GlobalOption web sites and systems including but not limited to unauthorized entry into GlobalOption systems, misuse of passwords, or misuse of any information posted on a site is strictly prohibited. Not all products and services are available in all geographic areas. Your eligibility for particular products and services is subject to final determination by GlobalOption and/or its affiliates.

INFORMATION CONTAINED HEREIN has no regard to the specific investment objective, financial situation or particular needs of any specific recipient. The content herein is published solely for informational purposes and is not to be construed as a solicitation or an offer (a) to buy or sell any options, derivative products, or other securities or related financial instruments nor (b) to enter into any trade. The content is based on information obtained from sources believed to be reliable but is not guaranteed as being accurate, nor is it a complete statement or summary of the markets or developments referred to in the content. This information should not be regarded by recipients as a substitute for the exercise of their own judgment nor as a substitute for obtaining legal, financial or tax advice. Any opinions expressed in this content and all the information in this site are subject to change without notice and GlobalOption is not under any obligation to update or keep current the information contained herein. Options, derivative products and related financial instruments are not suitable for all investors, and trading in these instruments is considered risky. Past performance is not necessarily indicative of future results. GlobalOption accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part of this content. No part of this content may be reproduced or distributed in any manner without the written permission of GlobalOption. GlobalOption accepts no liability whatsoever for the actions of third parties in this respect.

Links

This site may contain links to web sites controlled or offered by third parties (non-affiliates of GlobalOption). GlobalOption hereby disclaims liability for any information, materials, products or services posted or offered at any of the third party sites linked to this website. By creating a link to a third party web site, GlobalOption does not endorse or recommend any products or services offered or information contained at that web site, nor is GlobalOption liable for any failure of products or services offered or advertised at those sites. Such third party may have a privacy policy different from that of GlobalOption and the third party website may provide less security than the GlobalOption site.

No Warranties

We do not warrant that the site will always be accessible and useable, nor that use will be uninterrupted or error free. We shall not be liable to you if the site is inaccessible or unusable in whole or in part, for any reason. Without prejudice to the generality of the foregoing, we will not be liable to you if the site is inaccessible or unavailable in whole or in part for any reason beyond our reasonable control or because we are carrying out maintenance, upgrades, developments or the like.

You must install and keep up to date virus-checking software for your hardware and software systems. You must also ensure that your information technology is compatible with ours and that any hardware, software or communication link you may use is sufficient and appropriate.

The information and materials contained in this site, including text, graphics, links or other items are provided "As Is", "As Available". GlobalOption does not warrant the accuracy, adequacy or completeness of this information and materials and expressly disclaims liability for errors or omissions in this information and materials. No warranties of any kind, implied, expressed or statutory including but not limited to the warranties of non-infringement of third party rights, title, merchantability, satisfactory quality, fitness for a particular purpose and freedom from computer virus are given in conjunction with the information and materials and all such warranties are expressly excluded to the fullest extent permitted by the law.

Limitation of Liability

In no event will GlobalOption be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with this site or any linked site or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure, even if GlobalOption, or representatives thereof, are advised of the possibility of such damages, losses, or expenses (or should have been or were aware of the possibility of the same arising).

Submissions

All information submitted to GlobalOption via this site shall be deemed and remain the property of GlobalOption and GlobalOption shall be free to use, for any purpose, any idea, concepts, know-how or techniques contained in information a visitor to this site provides GlobalOption through this site. GlobalOption shall not be subject to any obligations of confidentiality regarding submitted information except as expressly agreed in writing by GlobalOption (including under its privacy policy) or as otherwise specifically required by law.

Availability

This site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Any user must make sure that the applicable law governing such user allows the use by him of this web site.

Additional Term

Certain sections or pages on this site may contain separate terms and conditions, which are in addition to these terms and conditions. In the event of a conflict, the additional terms and conditions will govern for those sections or pages.

Definitions

Terms capitalized in this Agreement are defined in the Glossary as found on GlobalOption.com website at: http://www.globaloption.com/learning-center/glossary.aspx.

Services Provided

Subject to the terms and conditions of this Agreement and acceptance of Customer's application to open an Account with GlobalOption.com, GlobalOption.com will maintain one Account in Customer's name and will effect cash settled transactions with and for Customer and provide such other services and products as GlobalOption.com may, in its sole discretion, determine from time to time in the future. Unless expressly stated otherwise in writing, all Contracts and other transactions entered into between GlobalOption.com and Customer shall be governed by the terms of this Customer Agreement, as amended from time to time (including, without limitation, GlobalOption.com's Terms and Conditions of Use). The activities on GlobalOption.com and publications thereon do not constitute advice in any manner, including without limitation, as to taxation, investments or law, nor do they take into account any Customer's specific needs, and you should not rely on these in effecting any transactions (on GlobalOption.com or otherwise).

Deposits, Charge-backs, Debts and Collections

GlobalOption will always do its best to accept a users deposit. In the case of a declined deposit attempt due to a security block, GlobalOption will attempt to complete the transaction by contacting the card issuer to perform the required verification.

GlobalOption does not always process credit card transactions at time of deposits. At the discretion of GlobalOption accounts may be charged for the amount deposited at a later time. GlobalOption will always attempt to debit the card requested for the amount due, however, in the case the credit card will be declined for the balance due in the traders' account, GlobalOption will attempt other cards the trader has used in his GlobalOption account in order to charge the balance required.

GlobalOption may offer at it sole discretion delayed deposit arrangements to traders where the deposit amount is deposited to the traders trading account with GlobalOption and an agreed upon date to charge the traders credit card is given. This is a binding contract. In the event the payment is not made in the agreed upon date, GlobalOption will add to the balance any bonuses added to the account as part of the due balance.

GlobalOption will forward accounts not paid due to delinquency, charge backs, fraud attempts and otherwise accounts with un-paid balance to a collection agency. Trader is responsible for all fees charged by the collection agency.

Trading

GlobalOption.com allows you to perform various transactions, including in respect of digital options based on various indices that shall be defined by GlobalOption.com from time to time (for example, index rates and stock and option rates), and to receive financial information and various other services as GlobalOption.com shall determine in its sole discretion. Prior to effecting any transaction, we advise you to read the explanations that may be found on the website regarding each type of transaction. The rules of trade are set exclusively by GlobalOption.com.

Customer authorizes GlobalOption.com to assume trading positions for Customer's Account in accordance with Customer's instructions received through the GlobalOption.com Online Trading System to the GlobalOption.com Trading Desk, subject to the terms of this Agreement, including the Annexes hereto and the Customer Account Application, including any applicable addenda thereto. Customer agrees to be conclusively responsible for any instruction received electronically that is identified with Customer's password and Account number and for any electronic, oral and or written instruction (including, but limited to, any Order) to GlobalOption.com from persons GlobalOption.com, in its sole judgment, believes are apparently authorized by Customer.

Pricing Information. GlobalOption.com will make available, by posting on GlobalOption.com, the current price applicable to a share or index, and offer you the opportunity to submit a put or call position in respect of such share. Each position shall be for a specified expiry time. GlobalOption.com expects that the current prices will be reasonably related to the actual prices of such shares available in the market. GlobalOption.com makes no warranty, express or implied, that the quoted prices represent prevailing quoted prices.

Order Execution. GlobalOption.com will attempt to execute all put and call instructions that it may, in its sole discretion, accept from Customer in accordance with Customer's instructions received through the GlobalOption.com. Customer acknowledges, understands and agrees that GlobalOption.com is not acting as a broker, intermediary, agent, and advisor or in any fiduciary capacity.

Transmission. GlobalOption.com shall have no responsibility for delays in the transmission of orders due to disruption, failure or malfunction of communications facilities and shall not be liable for any claims, losses, damages, costs or expenses, including attorneys' fees, to any person or entity arising other than as a direct result of GlobalOption.com's recklessness.

Position and Trading Limits. GlobalOption.com reserves the right to limit the number of put and call positions and Open Positions that Customer may enter or maintain in Customer's Account. GlobalOption.com reserves the right to limit the total amounts to be invested by any Customer in general or specifically. GlobalOption.com reserves the right, in its sole discretion, to refuse to accept any Order opening a new position or increasing an Open Position. Charges. At this time GlobalOption.com charges no brokerage fees or commissions, however GlobalOption.com reserves the right to change its fee structure at any time without notice. Fees do not currently, but may in the future include such things as statement charges, order cancellation charges, account transfer charges, or fees imposed by any market or other regulatory or self-regulatory organization arising out of GlobalOption.com's provision of services hereunder.

Cessation of Trading. Trading on GlobalOption.com on any part thereof may be ceased without notice at any time. Customer shall not have any claim or right to indemnification due to losses incurred as a result of such cessation, whether in respect of open positions or transactions that Customer intended to execute.

Cancellation. GlobalOption.com shall have the right to unilaterally cancel, by means of a notice to Customer, any transaction of Customer which, due to an error, including a computer or system error, was effected at a price which does not reflect GlobalOption.com's applicable published price.

Withdrawals

• Withdrawal orders: The provision of documentation or any other type of Client authentication as may be required from time to time by Anti Money Laundering (AML) regulations, Credit Card companies and GlobalOption is a prerequisite, prior to the execution of a withdrawal order.
• Credit card deposits may be, according to credit card companies' regulations, returned to same credit card when a withdrawal is performed. A withdrawal to a bank account where initial deposits have been performed by credit cards will be executed back to credit card or to bank account at company's discretion. Withdrawals to bank account or to credit card accoutns may take a longer time period, due to additional security procedures and documentation from the Client.
• The minimum withdrawal amount is 100 units of the denomination defined in your account.

Bonus terms and conditions

The bonus is a great tool to increase your profits - here are the terms that bonuses are granted and under which terms bonuses may be withdrawn:

1. Bonuses will be granted and added to your trading account within the 24 hours upon request and are expired after 90 days.
2. To be entitled to withdraw your bonus, you must turn-over a trading volume of 25 times the amount of your bonus. As an example, if you received a bonus of $100, to be entitled to withdraw this bonus, you need to trade a minimum volume of at least $2,500 during a time period no longer than 90 days from your first trade. If you have not reached the required volume within this time period, then the bonus will be voided and deducted from your available balance.
3. You may withdraw your balance at any time, however, if the trading volume required for meeting the bonus entitlement has not been reached then the bonus amount would be deducted from your account balance and the remaining available balance would be free to be withdrawn. Any profits generated when the bonus amount has been included in the trading balance, would be cancelled when you apply for a withdrawal.
4. For volume purposes, trading both a CALL option and a PUT option on the same asset and at the same expiration time would be considered as a single trade. Sell option transactions will not be considered for the trading volume needed to be met in order to withdraw the bonus.
5. Before withdrawing your bonus and no longer then 72 hours from your withdrawal request, you would have to submit the following identifying documents:
   1. An official photo ID such as a national ID card, a photo driver license or passport.
   2. Both sides of your credit/debit card that has been used for your deposits. You may conceal the first 12 digits of your card.
6. You may not receive a bonus for a deposit when, at the same time, you have a pending withdrawal request.
7. GlobalOption may decide at its own discretion whether or not to grant bonuses.

Representations and Warranties

As of the date hereof, and the date of each transaction in Customer's Account and any date on which GlobalOption.com's Risk Warning or Term and Conditions of Use are revised, updated or amended, Customer represents and warrants to GlobalOption.com and agrees for the benefit of GlobalOption.com that:

• If Customer is a natural person, Customer is of sound mind, legal age (at least 18 years old) and legal competence.
• If Customer is not a natural person, (i) Customer is duly organized and validly existing under the applicable laws of the jurisdiction of its organization; (ii) execution and delivery of this Agreement and all Contracts and other transactions contemplated hereunder and performance of all obligations contemplated under this Agreement and all Contracts and other transactions contemplated hereunder have been duly authorized by Customer; and (iii) each person executing and delivering this Agreement and other transactions contemplated hereunder on behalf of Customer performing the obligations contemplated under this Agreement and other transaction contemplated hereunder on behalf of Customer, has been duly authorized by Customer to do so .
• Execution and delivery by Customer of this Agreement and other transactions contemplated hereunder, and performance of all of Customer's obligations contemplated under this Agreement and other transaction contemplated hereunder, will not violate any statute, rule, regulation, ordinance, charter, by-law or policy applicable to Customer.
• Customer is the sole and ultimate beneficiary and has full beneficial ownership of Customer's Account. Customer is prohibited from and has not granted and will not grant a security interest in Customer's Account with GlobalOption.com (other than the security interest granted to GlobalOption.com hereunder) to any person without GlobalOption.com's prior written consent.
• Customer is prohibited from allowing other persons, other then himself, to operate Customer's account via the Internet, under Customer's IP address and/or any other IP address while accessing and using Customer's account.
• Upon the opening of the account, the GlobalOption.com shall issue Customer with a confidential personal identification code (hereinafter: the “Access Code”) to be used solely by Customer to operate Customer's account via the Internet. Customer hereby and irrevocably undertakes to safeguard the Access Code and hereby waives any and all claims against the Company relating to any unauthorized use of the Access Code.
• All information provided to GlobalOption.com by Customer is complete and accurate in all respects and the Customer shall promptly inform GlobalOption.com of any changes thereto.
• Customer will execute and deliver all documents, give all notices, make all filings and take such other actions as GlobalOption.com, in its sole discretion, deems necessary or desirable to evidence or perfect any security interest in favor of GlobalOption.com or to protect GlobalOption.com's interests with respect to any collateral.
• Customer has read and understands the provisions contained in this Agreement, including, without limitation, GlobalOption.com's Risk Warning, Privacy Policy and Terms and Conditions of Use, Customer will review the Agreement each time it is amended. Customer will not affect any transaction in Customer's Account unless Customer understands GlobalOption.com's revised Agreement, and Customer agrees that in effecting any transaction it is deemed to represent that it has read and understands GlobalOption.com's revised Agreement as in effect at the time of such transaction.
• Customer agrees to comply with all applicable law. You may not use your personal account with GlobalOption.com for any illegal activity.
• If you have not done any transaction within a nine-month period, your account will become ''dormant''. Dormant accounts are charged with a 100% maintenance fee, based on account balance. The first fee will be applied at the end of the 9th month, following the last transaction. All information provided by Customer to GlobalOption.com, including information regarding Customer's trading experience and trading sophistication, is true, correct and complete, and Customer will notify GlobalOption.com promptly of any changes in such information.

Security Agreement

In order to effect transactions on GlobalOption.com Customer is required to deposit funds in Customer's Account in an amount as required by GlobalOption.com in its sole discretion, and in accordance with the transactions being made, by means of Customer's credit card or any other manner that GlobalOption.com shall allow. Proceeds to Customer shall be added to Customer's Account balance, and losses shall be deducted from such Account balance.

Amounts in Accounts shall not bear any interest whatsoever, and shall be available for withdrawal by Customer in accordance with these terms, subject to any indebtedness to GlobalOption.com in accordance herewith. In order to secure any indebtedness or other obligations at any time owing from Customer to GlobalOption.com, including, without limitation,

1. indebtedness or other obligations under any Account, or transaction with GlobalOption.com; or
2. any indebtedness or other obligations resulting from any guarantee by Customer of any Account or transaction with GlobalOption.com, Customer hereby assigns, pledges and grants to GlobalOption.com a first degree security interest in and right of setoff against:

1. all of Customer's Accounts with GlobalOption.com;
2. all cash, securities and other property in Customer's Account at GlobalOption.com or delivered or otherwise provided by Customer to secure its indebtedness or other obligations to GlobalOption.com or in GlobalOption.com's possession or control for any purpose (including safekeeping); and
3. all products and proceeds of the foregoing (collectively, (a), (b) and (c) are referred to as "Collateral"). At any time, in GlobalOption.com's sole discretion and without prior demand or notice, GlobalOption.com may apply any or all cash (or sell or buy in any such securities or other property and apply the proceeds there from) to any such indebtedness or other obligations, notwithstanding that such indebtedness or other obligations arise in an Account other than the Account in which the cash, Contracts, securities or other property were held or generated. GlobalOption.com shall have the right to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral it holds free from any claim or right of any nature whatsoever of the Customer, including any equity or right of redemption by the Customer and to register any Collateral in the name of GlobalOption.com, its custodian or a nominee. Any failure by GlobalOption.com to enforce its rights hereunder shall not be deemed a future waiver of such rights by GlobalOption.com. GlobalOption.com is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that GlobalOption.com deems necessary or desirable to evidence or to protect GlobalOption.com's interest with respect to any Collateral. In the event that the Collateral deemed acceptable to GlobalOption.com ("Eligible Collateral") is at any time insufficient to satisfy Customer's indebtedness or other obligations to GlobalOption.com, including obligations to provide margin in accordance with Paragraph 6 hereof, Customer shall promptly pay upon demand the entire amount of such deficit.

Liquidation of Accounts and Deficit Balances

In the event of:

1. 1. the death or judicial declaration of incompetence of Customer, if Customer is a natural person;
   2. the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any bankruptcy, insolvency or similar proceeding by or against Customer;
   3. the filing of an attachment against any of Customer's Accounts carried by GlobalOption.com;
   4. failure to pay when due any amount due under this Agreement or any Contract or other transaction hereunder or to deliver to GlobalOption.com when due any margin or Collateral required or requested by GlobalOption.com in connection with this Agreement or any Contract or other transaction hereunder;
   5. Customer's failure to promptly provide GlobalOption.com any information requested pursuant to this Agreement;
   6. any representation made by Customer in this Agreement (including the Annexes) is or at any time becomes, untrue or incorrect; and
   7. any breach by Customer of any other provision of this Agreement, including the Annexes ("Event of Default");
2. insufficient margin, or GlobalOption.com's determination that any Collateral deposited to protect Customer's Account is inadequate, regardless of current market quotations, to secure Customer's Account; or
3. any other circumstances or developments that GlobalOption.com, in its sole discretion, deems appropriate for its protection, GlobalOption.com may, in its sole discretion, take one or more, or any portion, of the following actions:
4. 1. satisfy any obligation Customer may have to GlobalOption.com (either directly or by way of guarantee or suretyship) out of any of Customer's funds or property in the custody or control of GlobalOption.com;
   2. sell or purchase any or all Contracts and any securities or other property held or carried for Customer; and
   3. cancel any or all outstanding positions or other transactions or commitments made by or on behalf of Customer. Any of the above actions may be taken without demand for margin or additional margin, without prior notice of sale or purchase or other notice to Customer, Customer's legal representatives, heirs, executor, administrator, trustee, legatee, successors or assigns and regardless of whether the ownership interest is held individually or jointly with others. Any prior demand or notice of sale or purchase shall not be considered a waiver of GlobalOption.com's right to sell or buy at any time in the future without demand or notice as provided above. In the event the proceeds realized pursuant to liquidation are insufficient for the payment of all liabilities of Customer due to GlobalOption.com, Customer shall promptly pay upon demand the entire amount of any such deficit, together with all other deficits and all unpaid liabilities of Customer, including, but not limited to, all costs of enforcement and collection, such as, but not limited to, attorneys' fees, witness fees and travel expenses, interest on any such deficit and liabilities at a rate equal to three (3) percentage points above the then prevailing prime rate at GlobalOption.com's principal bank or the maximum interest rate allowed by law, whichever is lower. In the event GlobalOption.com incurs expenses other than for the collection of deficits, with respect to Customer's Account, Customer agrees to pay such expenses.

Trade Confirmations

Positions executed online will be confirmed online at the time of the position being made. Customer agrees to immediately call to GlobalOption.com's attention any information that Customer has reason to believe is inconsistent with Customer's own information. Customer understands, acknowledges and agrees that errors, whether resulting in a profit or loss to Customer, shall be corrected only to the extent of the value of Customer's investment in the position, and Customer's Account will be credited in such manner and extent as to place Customer's Account in the same position in which it would have been immediately prior to the error having occurred.

Communications

Customer shall notify GlobalOption.com immediately of any change in Customer's address by e-mail to support@GlobalOption.com. All communications sent by GlobalOption.com shall be deemed effective when deposited by GlobalOption.com in the United States mail or with another delivery service, or when received by a transmitting agent (such as an Internet service provider) for transmission to Customer, whether actually received by Customer or not. All communications sent by Customer shall not be deemed effective until accepted by GlobalOption.com.

GlobalOption.com Responsibilities

GlobalOption.com shall not be liable to Customer for any claims, losses, damages, costs or expenses, including attorneys' fees, caused, directly or indirectly, by any events, actions or omissions, including, without limitation, claims, losses, damages, costs or expenses, including attorneys' fees, resulting from civil unrest, war, insurrection, international intervention, governmental action (including, without limitation, exchange controls, forfeitures, nationalizations, devaluations), natural disasters, acts of God, market conditions, inability to communicate with any relevant person or any delay, disruption, failure or malfunction of any transmission or communication system or computer facility, whether belonging to GlobalOption.com, Customer, any market, or any settlement or clearing system.

Intellectual Property and Confidentiality

All copyright, trademark, trade secret and other intellectual property rights in the GlobalOption.com Online Trading System shall remain at all times the sole and exclusive property of GlobalOption.com and/or its 3rd party service providers and Customers shall have no right or interest in such Trading Systems except for the right to access and use the Trading Systems as specified herein. Customer acknowledges that the Trading Systems are confidential and have been developed through the expenditure of substantial skill, time, effort and money. The Customer will protect the confidentiality of GlobalOption.com and/or its 3rd party service providers by allowing access to the Trading Systems only by its employees and agents on a need to access basis. Customer will not publish, distribute, or otherwise make information available to third parties any information derived from or relating to the Trading Systems. Customer will not copy, modify, de-compile, reverse engineer, and make derivative works of the Trading Systems or in the manner in which it operates.

Indemnification

Customer agrees to indemnify and hold GlobalOption.com, its affiliates, employees, agents, successors and assigns harmless from and against any and all liabilities, claims, losses, damages, costs and expenses, including attorneys' fees, incurred by GlobalOption.com arising out of: (i) Customer's failure to fully and timely perform its obligations hereunder; and (ii) any of Customer's representations and warranties made that may at any time be untrue or incorrect and (iii) any act or omission of Customer. Customer also agrees to pay promptly to GlobalOption.com any and all claims, losses, damages, costs and expenses, including attorneys' fees, incurred by GlobalOption.com in the enforcement of any of the provisions of this Agreement, any transactions hereunder, and any other agreements between GlobalOption.com and Customer and the collection of any amounts due hereunder and there under.

Limitation of Liability

IN NO EVENT SHALL GlobalOption.com BE LIABLE FOR INCIDENTAL, INDIRECT, SPECIAL, OR CONSEQUENTIAL DAMAGES, OR FOR LOST PROFITS, SAVINGS, OR REVENUES OF ANY KIND, REGARDLESS OF WHETHER GlobalOption.com HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. GlobalOption.com's AGGREGATE LIABILITY FOR ALL DAMAGES ARISING UNDER THIS AGREEMENT SHALL IN NO EVENT EXCEED 100% OF THE AMOUNT ALLOCATED BY CUSTOMER FROM THE ACCOUNT TO THE TRANSACTIONS THAT GIVES RISE TO THE CLAIM WHICH FORMS THE BASIS FOR SUCH DAMAGES.

Disclosure of Customer Information

GlobalOption.com will not share or sell information regarding its customers and/or prospective customers, except to its employees, agents, partners, and associates as required in the ordinary course of GlobalOption.com's business conducted on behalf of customers, including, but not limited to, GlobalOption.com's banking or credit relationships. GlobalOption.com may also disclose to federal or state regulatory agencies and law enforcement authorities' information regarding Customer and Customer's transactions in response to a request for such information or in response to a court order or subpoena.

Amendments

Customer understands, acknowledges and agrees that GlobalOption.com may amend or change this Agreement at any time. GlobalOption.com will provide notice to Customer of any such amendment or change by posting the amendment or change to the Website or by sending an e-mail message to Customer. Customer agrees to be bound by the terms of such amendment or change. No waiver or amendment of this Agreement may be implied from any course of dealing between the parties or from any failure by GlobalOption.com or its agents to assert its rights under this Agreement on any occasion or series of occasions. No oral agreements or instructions to the contrary shall be recognized or enforceable.

Termination

This Agreement shall continue and be in effect until termination by Customer or GlobalOption.com. Customer may terminate this Agreement if: (i) Customer has no open positions and no liabilities held by or owed to GlobalOption.com; and (ii) Customer has provided three (3) days' written notice to GlobalOption.com by e-mail to support@GlobalOption.com and (iii) GlobalOption.com has accepted the notice as provided in Section 10 hereof. GlobalOption.com may, in its sole discretion, terminate this Agreement at any time, effective as of the close of business on the day notice is sent to Customer. Termination by either party shall not affect any Contracts or other transactions previously entered into and shall not relieve either party of any obligations set out in this Agreement, nor shall it relieve Customer of any obligations arising out of any deficit balance.

Entire Agreement

This Agreement together with the Customer Account Application embodies the entire agreement between GlobalOption.com and the Customer, superseding any and all prior written and oral agreements.

Recordings

Customer acknowledges and agrees that any and all conversations between Customer and GlobalOption.com principals, agents, employees or associates, including the GlobalOption.com customer service and operations desks may, at the option and in the sole discretion of GlobalOption.com, be recorded electronically with or without the use of an automatic tone warning device. Customer further agrees to the use of such recordings and transcripts thereof as evidence by either party in connection with any dispute or preceding that may arise involving Customer or GlobalOption.com.

Binding Effect

This Agreement shall be continuous and shall cover, individually and collectively, all Accounts of Customer at any time opened or reopened with GlobalOption.com, irrespective of any change or changes at any time in the personnel of GlobalOption.com or its successors, assigns, or affiliates. This Agreement, including all authorizations, shall inure to the benefit of GlobalOption.com and its successors and assigns, whether by merger, consolidation, or otherwise and shall be binding upon Customer and/or the personal representatives, heirs, executor, administrator, trustee, legatees, legal representative, successors and assigns of Customer.

Severability

If any clause of this Agreement is determined void or invalid by a court of competent jurisdiction, the remainder of the Agreement shall remain in full force and effect.

Acceptance

This Agreement shall not be deemed to be accepted by GlobalOption.com or become a binding contract between Customer and GlobalOption.com until the signed Customer Account application has been received and approved by GlobalOption.com. In the event that there are any unauthorized alterations or deletions to this Agreement or related documents such alteration and deletions shall not be binding on GlobalOption.com and said original forms shall govern Account.

Consent to Electronic Transmission of Account Statements

Customer hereby consents to receive account statements (monthly and daily statements) online. GlobalOption.com will provide Customer with password-protected access to online reports. Customer will be able to generate daily, monthly and annual account statements detailing transaction activity, profit and loss statements, open positions, margin balances, account credits and debits, etc. Hard copies of monthly customer statements are available upon request only and may incur an additional charge. Statements are deemed received when made available to Customer by GlobalOption.com, regardless of whether Customer actually accessed the statement. Customer is responsible for alerting GlobalOption.com to any change in their e-mail address. This consent shall be effective until revoked by Customer in writing and received by GlobalOption.com according to paragraph 10 of this Customer Agreement.

Risk Warning

This Risk Warning Notice cannot and does not disclose all the risks and other significant aspects of option and derivative trading. You should not engage in option and/or derivative trading unless you understand the nature of such trading, how these instruments work, how you make a profit or a loss and the extent of your exposure to risk and loss.

If you are in any doubt, please, seek professional advice. Before deciding to participate in option and derivative trading, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of an option or derivative.

Moreover, the leveraged nature of option and derivative trading means that any market movement might have an extreme and sometimes not-proportional effect on your deposited funds. This may work against you as well as for you.

There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. GlobalOption is not responsible for communication failures or delays when trading via the Internet. GlobalOption employs back up systems and contingency plans to minimize the possibility of system failure.

Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. GlobalOption is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. GlobalOption has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.