Introduction to Deposits
In order to deposit funds to your HighOption™ account you must be a registered customer of HighOption™. Funds may be deposited by accessing the banking page from the main menu bar. You will need to be logged in to access this section.
In order to make a deposit, choose a method from the left hand side of the deposit tab. All of the mandatory details (marked with an asterisk) must be filled in the form. Click the Deposit button to finalize the process.
If you are using a credit or a debit card, the successful deposit will be acknowledged by the system and your balance automatically updated. All other payment methods require the funds to be received by HighOption™ before your balance is credited.
How to Deposit
HighOption is able to accept deposits using the following methods:
Credit Card or Debit Card
Wire Transfer from your bank account
For full details please see our banking page.
Please note the following:
1) We are unable to accept funds from any source other than the account holders own funds.
2) Account balances will only be updated on receipt of the funds by highoption.
The maximum deposits accepted by highoption are as follows:
Daily Limit: 10,000 USD, EUR or GBP depending on the trading currency.
Weekly Limit: 40,000 USD, EUR or GBP depending on the trading currency.
Monthly Limit: 100,000 USD, EUR or GBP depending on the trading currency.
highoption™ reserves the right to change these limits without prior notice and to request proof of ID in the event of substantial deposits.
The currency deposited is determined by the base currency selected at registration. All transactions executed in your account will be based on the Deposit Currency.
The Deposit Currency parameter is fixed for each user account and cannot be changed after the account was funded for the first time.
- Credit and Debit Cards
HighOption™ currently accepts payments from the following credit and debit cards:
HighOption offers a fast bank wire transfer service through Envoy Services a company registered in the UK and regulated by the Financial Services Authority.Minimum deposit with wire transfer is 500 USD, EUR or GBP depending on your trading currency.
Confirmation of a wire transfer may take up to 5 days.
HighOption™ reserves the right to request documentation for account verification when a deposit is made by the customer. This documentation is used for account verification purposes only and is maintained by HighOption as encrypted data in a secured environment.
Account Verification is executed at two levels:
Customer verification - documents required: Passport or national identification card together with a current valid utility bill.
Credit Card verification - documents required: Copy of both sides of credit card displaying the last four digits of the card and the expiry date.
Customers who have not completed account verification process may be prevented from depositing further and/or trading until the process is complete.