How can I register?
Registration is extremely simple:
- Click on "Open Account" on the home page.
- Fill in the mandatory details.
- Submit the form.
You will receive a welcome e-mail with your account details. You're done. Welcome to MobOption!
What is Proof of Identity and Proof of Residence documentation and why is it required by MobOption?
As MobOption is owned and operated by Spot Capital Markets Limited, a Cyprus Investment Firm , Licensed and Authorised by the Cyprus Securities and Exchange Commission (CySEC), under license number 210/13, it adheres to the most precise account security protocols. In order to prevent instances of fraud, safeguard the security of your funds, and comply with regulatory guidelines
MobOption requires its clients to submit Proof of Identification and Proof of Residence documentation.
Proof of Identity – A clear, up-to-date copy of a government issued picture ID that includes, your full name, birth date, and an ID expiration date - e.g. a passport, national identity card, or driver’s license.
Proof of Residence – A clear, up-to-date copy of an official document that contains your full name, a date of issue and your address of residence (please note: this address should match the one you entered during registration)- e.g. a bank/ credit card statement, or a utility bill for one of the following: water, electricity, landline telephone or gas. Any Proof of Residence document older than 6 months will not be accepted. Once you are logged in to the website, you can upload your documents from the "Regulation" page. Alternatively, you can email your documents to firstname.lastname@example.org.
If you have further questions relating to documentation, please feel free to contact us via email at email@example.com or, via the Live Chat service on the website.
What is CySEC?
Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus. CySEC was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. The operation of the CySEC is governed by the Laws regulating the Structure, Responsibilities, Powers, Organization of the Cyprus Securities and Exchange Commission and Other Related Matters (N73(I)/1009).
What is MiFID?
The Markets in Financial Instruments Directive 2004/39/EC (“MiFID”) is a European Union law that provides harmonised regulation for investment services across the 31 member states of the European Economic Area (the 28 Member States of the EU plus Iceland, Norway and Liechtenstein).
The main objectives of the Directive are to increase competition and consumer protection in investment services. As of the effective date, 1 November 2007, it replaced the Investment Services Directive.
What is the ICF?
Spot Capital Markets Ltd is a member of the Investor Compensation Fund (ICF)for Customers of Cyprus Investment Firms (CIFs) and other Investment Firms (IFs) which are not credit institutions.
The Fund constitutes a private law legal entity with the object to secure the claims of the covered clients against the members of the Fund by the payment of compensation for their claims arising from the covered services provided by its members, so long as failure by the member to fulfil its obligations has been ascertained.
Any compensation provided to clients by the Investor Compensation Fund shall not exceed €20.000.
Why is licensing and regulation important to me?
Licensing and regulation are vital to the security of your funds. They are strictly enforced and designed to make sure that your interests are protected.
MobOption is owned and operated by Spot Capital Markets Limited, a Cyprus Investment Firm , Licensed and Authorised by the Cyprus Securities and Exchange Commission (CySEC), under license number 210/13.
This means that each trader account is covered with insurance of up to €20,000, strict safety protocols are adhered to, and client funds are held separately from those of the company, and are tracked daily. CySEC also receives regular reports that verify the company’s compliance with licensing laws and attest to our financial stability.
I have problems with the registration process, what should I do?
Please send us a note by Email at firstname.lastname@example.org or call us at +357 25 030045.
Are payouts taxable?
MobOption customers are responsible for their taxation liabilities, if any, at their place of residence. See our general terms here for more details.
How secure is trading with MobOption?
We use the internationally accepted security system SSL (Secure Sockets Layer) that encrypts all credit card payments over the web. This system is automatic, and you will receive instant notification if your browser does not support it.
What are the computer requirements to trade on the MobOption platform?
Flash Player must be installed in order to view all site elements.
How is my sensitive data protected?
All data transmitted between your computer and MobOption is securely passed via the internet using a 128bit SSL encryption system.
What currency can I use for trading?
You can open an account in (EURO / USD / GBP). Please note that you cannot change your currency selection after registration.
Do I have to deposit money for registration?
No. A deposit is not required and no credit/debit card details are required in order to register for this site.
What is the registration fee?
There is no registration fee.