Q

WHAT IS A BINARY OPTION?

A Binary Option is an option which holds a payoff of only two possible outcomes: a fixed amount of money/ units/ assets or nothing.
Q

IS THERE A MAXIMUM AMOUNT OF OPTIONS TO BE PURCHASED AT A TIME?

No. The number of options that can be purchased at a time is unlimited. However, there is a total value of open positions limit of $5000 / €5000 / £5000.
Q

WHAT IS AN UNDERLYING ASSET?

Underlying Assets are internationally traded financial properties including currencies, indices, stocks and commodities. Those assets are the core of Binary Options trading. For a detailed list of YesOption’s assets, please visit our Asset Table.
Q

WHICH TYPES OF TRADING INSTRUMENTS DOES YESOPTION OFFER?

YesOption offers four different instrument types to choose from:
  • 60 Second Trades
  • Touch/No Touch
  • High/Low
  • Boundary
  • Each of these instruments can be used in a wide variety of Binary Options trading strategies.
    Q

    WHAT IS THE EXPIRY LEVEL OF AN OPTION?

    The Expiry Level is the Underlying Asset’s market value at the time of expiry. The level determines whether the option has expired ‘in the money’ or ‘out of the money’.
    Q

    CAN I CLOSE AN OPTION BEFORE THE EXPIRY TIME?

    Yes. Options can be closed from 3 minutes after opening an option and up to 5 minutes before the option expires. This however, excludes short term options.
    Q

    WHAT ARE ‘IN THE MONEY’ AND ‘OUT OF THE MONEY’ EXPIRIES?

    An option which expires “in the money” is one which has met the trader’s estimated conditions. On the other hand, an option which expires “out of the money” is an option which has not met the traders estimated conditions.
    Q

    WHAT HAPPENS IF AN OPTION EXPIRES AT THE TARGET PRICE?

    An option which expires at the target price is considered “in the money”, meaning you will receive your full payout.
    Q

    WHAT ARE THE MINIMUM AND MAXIMUM TRADE AMOUNTS FOR A SINGLE OPTION?

  • The minimum amount is $25 / €25 / £25.
  • The maximum amount is $2500 / €2500 / £2500.
  • The maximum amount for a single short term option (60 seconds, 2 mins and 5 mins) is $1000 / €1000 / £1000.
  • Q

    WHAT IS THE TARGET PRICE OF AN OPTION?

    Target Prices are the purchase amount at which YesOption is willing to sell an option for. These amounts are predetermined by YesOption’s market analyses, based on the most current data available. Traders can buy an option above or below the target price depending on their anticipation of an asset’s movement.
    Q

    HOW CAN I MAKE A WITHDRAWAL?

    To make a withdrawal, simply log in to your account and visit our Banking Page where you can fill out a withdrawal form and submit your request.
    Q

    WHAT ARE THE MAXIMUM AND MINIMUM DEPOSIT AMOUNTS?

    The minimum deposit is $250 / €250 / £250. The maximum deposit amount for a single transaction is $50000 / €50000 / £50000.
    Q

    DO I NEED TO MAKE A DEPOSIT IN ORDER TO REGISTER?

    No. There is no requirement to make a deposit in order to register to YesOption. Although to begin trading, you will be asked to deposit an initial amount of $250/ €250/ £250.
    Q

    WHICH CURRENCIES CAN I USE TO MAKE A DEPOSIT?

    You can make a deposit using the following currencies: USD, ERU or GBP . When registering to YesOption you will be asked to choose the currency you wish to trade in. Please note that after you have chosen your preferred currency, it cannot be changed.
    Q

    HOW DO I JOIN YESOPTION?

    To become a YesOption trader, simply complete the short New User Registration Form. If you require any assistance with the registration process, please do not hesitate to contact our Customer Support.
    Q

    WHAT HAPPENS IF I LOSE MY PASSWORD?

    If you forget or lose your password, just go to the password retrieval page and follow the simple instructions. Your password will be sent to the email you provided when you first registered to YesOption.
    Q

    WHAT HAPPENS IF I FORGET MY USERNAME?

    Please contact our Customer Service team by phone or by email: support@yesoption.com
    Q

    HOW CAN I EDIT MY PERSONAL DETAILS?

    If one or more personal details have changed, please log in to your account and manually update your new details. If you require assistance, please feel free to contact our Customer Support.
    Q

    WHERE CAN I VIEW MY ACCOUNT BALANCE AND TRANSACTION HISTORY?

    To view your account balance and transaction history please visit the ‘My Account’ section after logging in.
    Q

    WHY CHOOSE YESOPTION?

    YesOption is a leading trading broker based in Romania, with six local offices in key markets worldwide. Our security and privacy policies, combined with an excellent customer support team, act as testaments to our dedication to YesOption’s traders. YesOption provides the safest and most secure trading environment possible, offering a wide range of trading services with integrity and transparency.
    Q

    HOW CAN I CONTACT YESOPTION?

    If you have any inquiries, feedback or need any support you can contact our customer service over the phone at +40 312 294795 or by email support@yesoption.com or on the platform’s live chat.
    Q

    DO I NEED TO DOWNLOAD ANY PROGRAM TO MY COMPUTER TO START TRADING?

    No. All you need is an internet connection you are set to go. Our platform is 100% web-based and therefore no downloading of any kind is required in order to trade with YesOption. We recommend using either of the latest versions of Internet Explorer, FireFox or Google Chrome browsers. Please note that Java Script must be enabled to trade on our site.
    Q

    ARE MY PERSONAL DETAILS PROTECTED?

    Yes. Your personal details are safe and protected. We use only the most updated and advanced security technologies in order to ensure a safe and fully trusted trading environment.
    Q

    ARE MY FUNDS PROTECTED?

    Yes. YesOption takes all necessary precautions to ensure maximum protection of clients’ funds. All clients’ funds are kept in segregated trust accounts with investment-grade banks.