BoxOption Coverage and Conditions
OANDA fxTrade™ BoxOption™ transactions are restricted as follows:
- The following currency pairs are supported:
- AUD/USD
- CHF/JPY
- EUR/CHF
- EUR/GBP
- EUR/JPY
- EUR/NOK
- EUR/SEK
- EUR/USD
- GBP/CHF
- GBP/JPY
- GBP/USD
- USD/CAD
- USD/CHF
- USD/HKD
- USD/JPY
- USD/NOK
- Minimum investment: $1
- Maximum investment: $2,000
- Maximum exposure: a total of $20,000 (Purchase Price) in open Boxes
- Minimum time increment: 5 minutes
- Minimum box width: 5 minutes
- Minimum box height: 10 pips
- Minimum time to box start: 15 minutes from current time
- Maximum time to box end: 7 weeks
- Not available to Canadian residents
Risk Disclosure
BoxOption transactions carry a high degree of risk. If you purchase a BoxOption contract, you should familiarize yourself with its type (i.e., hit or miss), and the associated risks. If you purchase BoxOption contracts, you can terminate them early or allow them to mature. If the purchased BoxOption contract is unsuccessful upon maturity, your full investment is lost. If you opt to terminate the BoxOption contract before maturity, you may still experience a loss, up to and including a total loss of your investment. If you are contemplating purchasing deep-out-of-the-money BoxOption contracts (meaning that the box you draw encompasses prices that are significantly different from the current market price), you should be aware that the chance of such a BoxOption contract becoming profitable is remote.
Please refer to our more detailed Risk Warning, and NFA's FOREX INVESTOR ALERT.
