Privacy Policy

Website is operated and owned by Rusty Flower LTD, 1 Burwood Place, London, Greater London, W2 2UT, United Kingdom.

1. Introduction

optionridge.com (the "Company" or "we") offers binary options and financial market trading services via the Internet. When you use the Company's services via its online trading platform, you shall be asked to provide personal identifiable information ("Personal Information") to the Company. We are committed to respecting your privacy and to complying with applicable data protection and privacy laws. We have therefore provided this Privacy Policy to help you understand how we collect, use, store and protect your Personal Information for the purpose of offering you trading services. If you do not understand this Privacy Policy or how we handle or use the Personal Information which you provide to us then you are invited to send in your questions to support@optionridge.com and we will do our best to answer your questions in full as quickly as possible. You should read this Privacy Policy in conjunction with our End User License Agreement "Terms".

2. Modifications to the Privacy Policy

We reserve the right, in our sole discretion, to modify, alter or otherwise update this Privacy Policy at any time and in response to changes in any applicable data protection and privacy legislation. You agree to be bound by such modifications, alterations or updates and your continued use of the website constitutes your agreement to any amendments made to this Privacy Policy. In the event that the reasons for Personal Information collection change, we will notify you as soon as possible and seek your consent where such notification relates to a new additional purpose for processing. We encourage you to visit this Privacy Policy regularly to check the provisions in force from time to time.

3. Personal Information Collection

We collect Personal Information when you register on the website and use our trading services, make customer inquiries, enter promotions, register for information or other services from the Company or when you respond to communications from us (such as questionnaires or surveys). The Personal Information we will collect from you may include, your name, email address, postal address, telephone number, date of birth and other information collected on registration or through surveys which the Company may undertake.

4. How Your Personal Information is Processed ("Purposes")

The Personal Information which you provide to us will be processed for one or more of the following Purposes: (i) to provide services to you; (ii) to confirm financial transactions; (iii) to process any of your requests for information; (iv) to provide member support services to you; (v) to market our services or products; (vi) identification and vetting purposes; (vii) statistical analysis and research; (viii) to notify you about updates to our software and/or services; (ix) to support any of the intended purposes specifically stated at the time at which you provided the Personal Information; and (x) to comply with legal and regulatory requirements.

5. To Whom Your Personal Information is Disclosed ("Recipients")

Your Personal Information may, for the Purposes, be disclosed for processing to any of the following Recipients: (i) to any members of the Company’s group and their employees who have a need to know such information; (ii) to any third parties which provide services to the Company or on its behalf, in order to allow or enable us to provide you with trading services, including by way of example payment processors and data verifiers; (iii) to any third parties who provide the Company services in relation to the operation of its website; (iv) to any auditors, contractors or other advisers auditing any of the Company's business processes; (v) to any potential purchasers or investors in the Company; and (vi) to any third parties with your consent.

Any processing performed by any Recipients will, where required by law, be governed by a data processing agreement in the form required by law, preserving any and all of your statutory data protection rights and obligating the Recipients to respect the Personal Information and handle it in accordance with the relevant laws.

We ensure that your information will not be disclosed to government institutions or authorities except if required by law.

6. Your Choice - Direct Marketing

Out of respect for your right to privacy we are happy to provide you with an easy means to opt-out of receiving email offers from us. At any time, you may request to discontinue receiving these offers by sending a blank message with the word "Remove" in the subject area to support@optionridge.com.

7. Your Rights in relation to your Personal Information

We aim to keep our information about you as accurate as possible. You can write to us at any time to obtain a copy of your Personal Information and to have any inaccuracies corrected. Where appropriate, you may have your Personal Information rectified, amended or completed. In either event, we may require evidence of your identity. In addition, we may charge a small charge to cover the cost of administration.

8. Retention

Your Personal Information will not be stored for longer than is necessary for the purposes for which it was collected.

9. Security

We have implemented suitable security policies, rules and technical measures to protect and safeguard all the Personal Information under our control from unauthorized access, improper use or disclosure, unauthorized modification, unlawful destruction or accidental loss. All our employees and data processors that have access to, and are associated with the processing of your Personal Information, are obliged to respect your privacy. optionridge.com does not save or store any Credit Card details.

10. Cookies

We may send you a permanent cookie when you register with us. A cookie is a small file that can be placed on your computer's hard disk for record-keeping purposes. The information that cookies collect includes the date and time of your visit and your navigational activity. Cookies can help us to recognize you when you next visit our website, to gather customer information and evaluate our websites’ advertising and promotional effectiveness and note the other websites you enter via a link from our website. This permits us to tailor the service provided to you.

We may also use the data generated from cookies to compile statistical data on your use of our website. You are not obliged to accept a cookie from us or from any other website. To enable or disable cookies, follow the instructions provided by your browser. However, for legitimate security reasons, we may refuse access to specific website content unless you accept the use of a cookie or similar device.

11. Protection of Minors

The services provided by the Company are not intended for or directed to minors or persons under the age of legal consent. Any person who provides us with Personal Information represents to us that they are 18 years of age or over the age of legal consent in their jurisdiction. We reserve the right to access and verify any Personal Information submitted by or collected from you. If we become aware that a minor has attempted to or has submitted Personal Information, we may not accept this information and may take steps to remove such information from our records.

Bonuses add the following:

Bonus Description: Can be used for trading. The bonus, all the balance prior to the bonus giving, including the related deposit, and any profit made after the bonus has been given, cannot be withdrawn before the target volume has been reached, whatsoever. The target volume of the bonus = (bonus + related deposit) * bonus factor

Bonus %Factor
0-2515
25-5020
50-10030
101-20035
201-30040

Last updated on 23-August-2012

PLEASE PRINT OFF AND RETAIN A HARD COPY OF THIS AGREEMENT FOR YOUR RECORDS.

KYC(Know Your Customer) Policy

Know your customer policies have become increasingly important worldwide lately, especially among banks and other financial institutions, in order to prevent identity theft, money laundering, financial fraud and terrorist activity.

(Brand Name) holds a zero tolerance fraud policy, and is taking all measures possible to prevent it. Any fraudulent activity will be documented and all related accounts to it will be immediately closed. All funds in these accounts will be forfeited.

Prevention:

OptionRidge aims to ensure the integrity of any sensitive data it obtains, such as your account information and the transactions you make, using a variety of security measures and fraud controls. Securing your electronic transactions requires us to be provided with certain data from you, including your preferred deposit method.

When you deposit funds we will require the following documents

  • A copy of your valid passport with the signature page
  • Copies of your credit cards, used to make the deposit (Front side with only the 4 last digits visible, back side with the CVV covered).
  • A copy of a recent utility bill in your name and address
  • A signed purchase history of your online transactions

If you have any questions please don’t hesitate to contact our customer support: support@optionridge.com

When do I need to provide these documents?

We highly appreciate you taking the time to provide us with all the necessary documents as soon as you can, in order to avoid any delays in processing your transactions. We require the receipt of all the necessary documents prior to making any cash transactions to your benefit.

Some circumstances may require us to request these documents before allowing any other activities in your account, such as deposits or trades.

Please note that if we will not receive the required documents on file, your pending withdrawals will be cancelled and credited back to your trading account. We will notify you on such event via our system.

How can I send you these documents?

Please scan your documents, or take a high quality digital camera picture, save the images as jpegs, then send it to us via mail to support@optionridge.com

How do I know my documents are safe with you?

OptionRidge holds the security of documentation at highest priority, and treats all documents it receives with utmost respect and confidentiality. All files we obtain are fully protected using the highest level possible of encryption at every step of the review process.

We thank you for your cooperation in helping us make OptionRidge a safer place to trade.

ANTI-MONEY LAUNDERING

OptionRidge does not tolerate money laundering and supports the fight against money launderers. OptionRidge follows the guidelines set by the UK’s Joint Money Laundering Steering Group. The UK is a full member of the Financial Action Task Force (FATF), the intergovernmental body whose purpose is to combat money laundering and terrorist financing.

OptionRidge now has policies in place to deter people from laundering money. These policies include:

  • transfers between the accounts on the binary options platform must be forbidden
  • ensuring clients have valid proof of identification
  • maintaining records of identification information
  • determining that clients are not known or suspected terrorists by checking their names against lists of known or suspected terrorists
  • informing clients that the information they provide may be used to verify their identity
  • closely following clients’ money transactions
  • Not accepting cash, money orders, third party transactions, exchange houses transfers or Western Union transfers.

Money laundering occurs when funds from an illegal/criminal activity are moved through the financial system in such a way as to make it appear that the funds have come from legitimate sources.

Money Laundering usually follows three stages:

  • firstly, cash or cash equivalents are placed into the financial system
  • secondly, money is transferred or moved to other accounts (e.g. futures accounts) through a series of financial transactions designed to obscure the origin of the money (e.g. executing trades with little or no financial risk or transferring account balances to other accounts)
  • And finally, the funds are re-introduced into the economy so that the funds appear to have come from legitimate sources (e.g. closing a futures account and transferring the funds to a bank account).

Trading accounts are one vehicle that can be used to launder illicit funds or to hide the true owner of the funds. In particular, a trading account can be used to execute financial transactions that help obscure the origins of the funds.

OptionRidge directs funds withdrawals back to the original source of remittance, as a preventative measure.

International Anti-Money Laundering requires financial services institutions to be aware of potential money laundering abuses that could occur in a customer account and implement a compliance program to deter, detect and report potential suspicious activity.

These guidelines have been implemented to protect OptionRidge and its clients.

For questions/comments regarding these guidelines, please contact us at support@optionridge.com.

END-USER LICENSE AGREEMENT FOR BINARY OPTION TRADING

Withdrawal and terms of use REFUND POLICY



© 2016 OptionRidge. All rights reserved.
Website is operated and owned by Rusty Flower
1 Burwood Place, London, Greater London, W2 2UT, United Kingdom
Phone number :+ 44 203 808 44 80
Fax number : + 44 203 808 44 80





Trading in binary options carries a high level of risk that can result in the lost of partial or all of your investment. This type of investment may not be suitable for all investors. You should not invest in binary options money that you can’t afford to lose. You should ask for advice from an independent consultant and learn of all the risks that are associated with the investment in binary options. OptionRidge should not be held responsible for any lost of investment in binary option either partially of in full and under no circumstances shall have any liability to any person or entity for any lost or damage that is caused by any transaction related to the trade with binary options directly or indirectly, consequently or incidentally, or in any other conceivable way to any damage whatsoever. For more information please read our Terms and Conditions
Please be aware that laws regarding financial contracts may vary throughout the world, and it is your entire responsibility to ensure that you fully comply with any law, regulation or directive, relevant to your country of residency to the use of this website.

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