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Refund Policies

General Terms and Conditions

The following applies to all classes, subscriptions and products:

Special limited time offers may have terms and conditions which differ from those set forth here. In those circumstances, the refund policy stated in the special limited time offer shall apply.

"RMA#" refers to a Return Merchandise Authorization number, which you must request from Customer Service before returning any product. To do so, call 1-888-366-8264 and choose option 5.

Any class, subscription or product purchased at a class may be cancelled at any time prior to midnight of the third business day after the date of the transaction.

Subscriptions may not be suspended or delayed to a later date.

Purchases of classes, subscriptions or products are non-transferable, except in specific circumstances as expressly authorized in writing by an authorized representative of Optionetics management.

Neither Optionetics nor its licensors and suppliers warrant or make any representations regarding the use of the services and/or products listed on this Web site. All services and products are sold "as is," without warranty of any kind. Neither Optionetics nor its licensors and suppliers guaranty or warrant the accuracy, completeness of, or results to be achieved from, utilizing any service or product. Optionetics disclaims any and all warranties, implied as well as express, including but not limited to warranties of merchantability or fitness for a particular purpose or use. Optionetics shall not be liable for any inaccuracy, delay, service interruption, error or omission, without regard to cause of same, or for any resulting damages.

Optionetics specifically disclaims any liability for any indirect, special, or consequential damages, whether such damages were unforeseen or foreseen, with respect to any use of its products or services, including but not limited to lost time, lost money, lost profits or good will, whether damages are based in contract, tort, strict liability or otherwise. If a court or arbitrator nevertheless determines that these limitations of liability are unenforceable, the cumulative liability of Optionetics under any legal theory of recovery shall not exceed the amount paid for the services and/or product.

All services and products are analytical tools only. Such services and/or products do not constitute, and do not replace individual research or licensed investment advice. The purchase, sale or advice regarding any type of security can only be performed by a licensed Broker/Dealer or Registered Investment Advisor. Neither Optionetics nor its officers, employees, owners, agents, principals or affiliates is a registered Broker/Dealer or Investment Advisor in any state in the U.S. Anyone using Optionetics' products and services is encouraged to consult a licensed representative of their choice regarding any particular investment or investment strategy.

No representation is being made that Optionetics' products and services will guarantee profits and prevent trading losses. Trading stocks, currencies, futures, commodities or options involves substantial risk and there is always the potential for loss. Because trading results may vary, don't trade with money that you can't afford to lose.

The following applies to all online classes:

Online sessions are licensed for the personal viewing of the buyer and/or their immediate family members in a live streaming format from our servers only. It is a violation of these terms of use for you to share or transfer your access at any time, or to pirate or otherwise copy our class content for use in another format or method. Violation of these terms will result in termination of your access to the class, without any refund or credit.

You will have access to recordings of all available class sessions for a period of six (6) months after the class start date. The schedule for live sessions is subject to change due to holidays or other scheduling issues. Online sessions are recorded, and you hereby consent to appear on the recording if you choose to speak or ask questions during a live session.

Individual Product Terms and Conditions

Optionetics 2-Day Class

Part One: You can withdraw from the class without penalty by 12:00PM noon on day one of the class, or within fourteen (14) days after the enrollment date, whichever occurs first. The class materials must be returned in resalable condition to one of our representatives between the hours of 9:30AM and 12:00PM noon at the class you registered to attend.

Part Two: If you do not make a 300% return of the tuition paid for your class, you will receive a 100% refund of the tuition. To qualify, you must open and close thirty-six (36) Optionetics Limited Risk Options Trades within six (6) months of the enrollment date. For the purpose of the section, a "Limited Risk Options Trade" shall be defined as a trade (regardless of the number of instruments, stocks, options, etc., used/combined to become a "trade") that has a predetermined maximum downside potential loss and that employs a strategy taught by Optionetics. You must submit brokerage statements demonstrating that you have exclusively employed the Optionetics strategies, along with any other documents requested by Optionetics. All such documentation must be submitted within seven (7) months of the enrollment date.

Refunds will be paid within thirty (30) days of the date of authorization, return of the materials, and receipt by Optionetics of a written request for a refund. The quality of our product enables us to confidently offer a refund policy that exceeds legal requirements; however, we are required to advise you of your rights under those laws: You, the buyer, may cancel this transaction at any time prior to midnight of the third business day after the date of this transaction (the "Enrollment Date").

Re-Attending the Optionetics 2-Day Class

The right to re-attend an Optionetics 2-Day Class is free with your original paid tuition, as long as you register for the class you wish to attend before 5:00PM Pacific Time on the last business day prior to the class. Registrations after the deadline will be charged a $100 late registration fee.

Due to the popularity of our classes, we require a valid credit card to guarantee your seat at the class. If you are unable to attend, you must notify us at least seventy-two (72) hours before the scheduled start of the class or your credit card will be charged a fee of $500. If you cancel prior to this period, your credit card will not be charged.

Optionetics Coaching

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5.

You have three (3) months after the original date of purchase to begin your online class. Prior to your class beginning, you can change your registration to another start date within the same three (3) month period. No refund or credit is available if you do not begin a class, or if you cannot attend one or more of the sessions for which you are registered.

If you do not own the ProfitSource and/or Platinum Pro software taught in the class, Optionetics will provide you with a one-time teaching courtesy of a 60-day trial for the product(s) you don't yet own. This teaching courtesy does not extend or replace any prior subscription or purchase of these tools.

PowerTools Trading Class

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5.

You have twelve (12) months after the original date of purchase to (a) begin your online class, and/or (b) attend an on-ground presentation of the class. Prior to either class beginning, you can change your registration to another start date within the same twelve (12) month period, as long as we can find a replacement to fill your reserved seat in the class. No refund or credit is available if you do not begin a class, or if you cannot attend one or more of the sessions for which you are registered.

If you do not own the ProfitSource and/or Platinum Pro software taught in the class, Optionetics will provide you with a one-time teaching courtesy of a 60-day trial for the product(s) you don't yet own. This teaching courtesy does not extend or replace any prior subscription or purchase of these tools.

Optionetics Master Series (classes and coaching)

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5.

You have twelve (12) months after the original date of purchase to begin your online class. Prior to your class beginning, you can change your registration to another start date within the same twelve (12) month period, as long as we can find a replacement to fill your reserved seat in the class. No refund or credit is available if you do not begin a class, or if you cannot attend one or more of the sessions for which you are registered.

Active Investor Methods (AIM)

You can withdraw from the class without penalty by 12:00PM noon on day one of the class, or within fourteen (14) days after the enrollment date, whichever occurs first.

Optionetics Monthly Newsletter

Available to US residents only.
3-Month Subscription: Refunds are not available.
Yearly Subscription: Refunds are available on a pro-rated basis at the monthly billing rate of $33.33.

Platinum Essentials
Platinum Pro

Monthly Subscription: A "month" is defined as 4 seven-day weeks. You may cancel your subscription at any time. No refunds are available for partial months. Monthly subscriptions are automatically re-billed every four weeks until you cancel the subscription.

Yearly Subscription: A "year" is defined as 52 seven-day weeks. No refund is available after initial purchase or renewal of an annual subscription, or after the expiration of a free trial period. (To cancel during the free trial period, you must call 1-888-366-8264 and choose option 5.)

OASIS

If you are not completely satisfied, you may cancel within three (3) days after your purchase, and receive a 100% refund of the amount paid. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5.

TradeStart

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5. No refund or credit is available if you cannot attend one or more of the sessions for which you are registered.

LiveTrade

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5.

ProfitSource
ValueGain
OptionGear

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid, less shipping and handling charges. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5. You must obtain a RMA# and return the product and original packaging in resalable condition within seven (7) days after cancellation. Products not returned in resalable condition at Optionetics' sole discretion are subject to a restocking fee of $99.

This product is a single user license, is non-transferable and is not eligible for resale.

Wealth Without Worry

If you are not completely satisfied, you may cancel within thirty (30) days after your purchase, and receive a 100% refund of the amount paid, less shipping and handling charges. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5. You must obtain a RMA# and return the product and original packaging in resalable condition within seven (7) days after cancellation. Products not returned in resalable condition at Optionetics’ sole discretion are subject to a restocking fee of $99.

System Center
Cornerstone
Futures and Commodities Home Study Course
Books
All Other Products

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid, less shipping and handling charges. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5. You must obtain a RMA# and return the product and original packaging in resalable condition within seven (7) days after cancellation. Products not returned in resalable condition at Optionetics' sole discretion are subject to a restocking fee of $99.

Terms and Conditions for Legacy Products

Advanced 3-Day Live Trading Class
3-Day Masters Class
7-Day Cruise and Masters Class
Interactive Computer Trading Class
Masters Interactive Computer Trading Class
Interactive Technical Trading Class
Principles of the Markets Class
Advanced Principles of the Markets Class
Masters ICT Coaching / Advanced Coaching
ITT Coaching
Advanced Strategies Class
Master Strategies Class

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5.

You have twelve (12) months after the original date of purchase to begin your class. Prior to your class beginning, you can change your registration to another start date within the same twelve (12) month period, as long as we can find a replacement to fill your reserved seat in the class. No refund or credit is available if you do not begin a class, or if you cannot attend one or more of the sessions for which you are registered.

Directional Trader
Channel Trader
WaveFinder
System Trader

Available to US residents only.

Yearly Subscription: A "year" is defined as 48 issues delivered weekly. You can obtain a 100% refund of the purchase price up until the second issue of the subscription becomes available on the web site. After the second issue of your subscription, you may cancel and receive a refund on a pro-rated basis at the monthly billing rate of $195 up to the total amount you paid for the subscription.

Monthly Subscription: A "month" is defined as 4 issues delivered weekly. You may cancel your subscription at any time. No refunds are available for partial months. Monthly subscriptions are automatically re-billed every four weeks until you cancel the subscription.

Quarterly Subscription: A "quarter" is defined as 12 issues delivered weekly. You may cancel your subscription at any time. You may cancel and receive a refund on a pro-rated basis at the monthly billing rate of $195 up to the total amount you paid for the subscription. Quarterly subscriptions are automatically re-billed every 12 weeks until you cancel the subscription.

Signature Series

Students who are in the first 30 days of their membership and are not completely satisfied may cancel within twenty four (24) hours after they access their first seminar, and receive a 100% refund of the amount paid for the subscription. If you need to cancel, you must call Customer Service at 1-888-366-8264 and choose option 5. No refund or credit is available if you cannot attend one or more of the sessions for which you are registered, or if you do not use all of your credits.

CD Club

If you are not completely satisfied, you may cancel within seven (7) days after your purchase, and receive a 100% refund of the amount paid, less shipping and handling charges. If you need to cancel, please call Customer Service at 1-888-366-8264 and choose option 5. You must obtain a RMA# and return the product and original packaging in resalable condition within seven (7) days after cancellation. Products not returned in resalable condition at Optionetics' sole discretion are subject to a restocking fee of $99.

Optionetics, Inc. and optionsXpress, Inc. are affiliated companies under common ownership of optionsXpress Holdings, Inc. Optionetics and its affiliates, officers, employees, independent contractors, and former owners may receive compensation in connection with marketing efforts, may not be registered as a Broker-Dealer, Investment Adviser, with any state, or otherwise, and their materials, products and services may not be reviewed and/or approved. Further information is available here (http://www.optionetics.com/about/legal.asp). Optionetics.com is an educational portal of optionsXpress Holdings, Inc., providing content for educational and informational purposes only. optionsXpress Holdings, Inc. is not a broker/dealer. Investors need a broker to trade options, and must meet certain requirements. All securities, futures, and investments are offered to self-directed investors by optionsXpress, Inc. Member FINRA, SIPC, CBOE, ISE, BOX, ArcaEx, PHLX and NFA. All prices in USD unless noted otherwise. Copyright © 2009 optionsXpress Holdings, Inc.