Privacy Policy
Effective
July 29, 2026
How OptionXI collects, uses, and protects information across our virtual trading simulator for NSE stocks, Nifty 50, and index options.
Read this before you use the platform
Always consult a qualified financial advisor before making real investment decisions.
About OptionXI
OptionXI ("we," "us," or the "Company") operates a virtual trading platform, accessible through our website and mobile app (the "Platform"), built for educational trading simulation and market learning. The Platform supports virtual trading in NSE stocks, Nifty 50, and options on the Bank Nifty and Nifty indices.
Features include stock screeners, watchlists, price alerts, top gainers/losers, and detailed stock information alongside virtual trading. We protect your privacy while you use these tools to learn how markets work.
Information we collect
// personal_information
Personal information
- —Email address (via Google or Apple sign-in)
- —Profile information from social authentication providers
- —Communication preferences and settings
- —Support requests and correspondence
// usage_information
Usage information
- —Virtual trading activity and portfolio performance
- —Watchlist preferences and price alerts
- —Platform navigation and feature usage
- —Device information and technical specifications
- —IP address, browser type, and access times
// market_data
Market data
- —NSE stock data (prior-day data used for virtual trading)
- —Real-time data access when a broker account is connected
- —Options data for Bank Nifty and Nifty indices
- —Market analytics and screening results
How we use your information
- ·Authenticating you and securing access to the Platform
- ·Running virtual trading simulation and educational features
- ·Sending stock alerts, notifications, and market updates
- ·Improving Platform performance and user experience
- ·Providing customer support and technical assistance
- ·Analyzing usage patterns to improve the Platform
- ·Meeting legal and regulatory requirements
Data security & storage
We use Firebase as our backend, which provides enterprise-grade encryption and security. Your data is protected by:
- ·Encrypted data in transit and at rest
- ·Secure authentication protocols
- ·Regular security audits and monitoring
- ·Access controls and data segregation
Open source initiative
OptionXI will soon become open source, making our UI components and database structures available to the public for educational purposes. This supports learning and development in fintech education while keeping user privacy and security intact.
Data accuracy & availability
Market data may be delayed, interrupted, or contain errors. We don't guarantee its accuracy, completeness, or availability. Interruptions or inaccuracies can happen, and we aren't responsible for losses or damages that result from them.
Future algorithmic trading
We plan to introduce algorithmic trading for placing real-time orders in the future. This feature isn't available yet. When it launches, it will carry additional terms, regulatory compliance requirements, and stronger security measures.
Your rights
You have the right to:
- ·Access your personal information
- ·Correct inaccurate data
- ·Delete your account and its associated data
- ·Withdraw consent for data processing
- ·Export your data in a portable format
Third-party services
The Platform integrates with third-party services, including Google and Apple for authentication, market data providers, and broker APIs for real-time data. These services have their own privacy policies, which we encourage you to review.
Limitation of liability
By using OptionXI, you acknowledge and agree that:
The Platform is for educational and simulation purposes only
We are not financial advisors and provide no investment advice
You waive all rights to claim damages for any losses incurred
Virtual trading results do not guarantee real market performance
We are not liable for data errors, interruptions, or system failures
You use the Platform at your own risk
Policy updates
We may update this policy from time to time. We'll notify you of significant changes through the Platform or by email. Continuing to use the Platform after changes take effect means you accept the updated policy.
Contact us
Questions about this policy or our data practices? Reach out: