OptionFair Binary Options Broker
At the moment, the main OptionFair prerogatives are: providing the most favorable conditions for the binary options trading, providing the opportunity to open deposit accounts in a wide range of currencies, the satisfaction of the professional traders' requests through high-tech trading platform as well as providing multi-lingual trading professional support and necessary package of training.
Today OptionFair is a broker who provides services in more than 15 countries around the world, making binary options trading easy, affordable and comfortable.
Terms of trading
- Profitability- from 65% to 89%
- Loss recovery – 15%
- Minimal deposit - 250$
- Minimal stake - 25$
- Demo account – No
- Mobile version – Yes
- Education – Yes
You can become a customer of the company immediately after registration, which is more than simple. Fill in several lines of personal data and you are redirected to a deposit funding page.
In this case, a welcoming letter will be automatically sent to your email address. At this time, you are already reviewing option of replenishing your own trading account, which, by the way are massively presented. Here you can find bank cards and electronic systems payments as well as international currency transfers, which is very pleasing and confirms the company's claims about convenient service.
OptionFair has made a breakthrough in service quality in comparison with other brokerage companies having fewer replenishing opportunities.
Trading platform at OptionFair has is an innovative design, which is not like any one of the previously operated terminals. This software has received the same OptionFair® name. Simultaneously, the platform is very convenient and easy to understand and use.
The broker has provided the platform with a sufficient speed of response to trading orders, an impeccable level of security through SSL, lots of features and options as well as a pretty interesting design. However, the most important is a function of Professional Chart, which provides the trader with quotes chart in the following window, and with a good selection of technical tools like various indicators, graphical objects, several types of assets quotes building as well as other devices for technical analysis, which serves as a great company advantage. Given the above, we can make a detailed description of the terminal.
OptionFair® platform possesses the following advantages:
- self-sufficient and attractive interface;
- availability of Professional Chart function with a good variety of technical tools;
- clear and distinct functions;
- a good selection of options;
- balanced selection of trading assets;
- trading security provided by SSL protocol;
- Lightning-fast response to trading orders.
OptionFair® platforms drawbacks:
Selection of financial assets
There is a total of 72 financial assets titles at the OptionFair company including 29 stocks, 21 currency pairs, 10 commodities and 12 indices. At the same time, this list of traded assets is compiled by experts, because included are only highly liquid trading instruments, available for trading for the maximum amount of time that makes trading easy in any time available for the client.
There is a reward program for the first deposit only:
When funding an amount of up to 499 USD, the client receives a 10% addition to the size of deposited funds.
If case of the amount from 500 USD to 999 USD, the addition is of 20%
If the client has made a deposit ranging from 1000 USD to 5000 USD, his trading account is complemented by 30% of the deposit size.
Types of options
OptionFair Company provides an extended options trading package, which includes:
- “above-below” – one of the classic types of binary options, which involves making a profit as a result of the price of the asset fulfilling the condition of going up or down in the trader specified direction.
- "Increase - decrease" - similar to the previous type of option, but with a substantially extended expiration dates and profitability.
- "One-touch" - the option with contract specified strike-levels that need to be touched by the price to make a profit on the trade. At the same time, there is another “touch - no-touch” variant of the option in the platform, which has more advanced expiration dates and increased payouts.
- "Range" – the option with the levels above and below the price of an asset that must or must not be reached by the price. At the same time, there is a second modification provided for this option, which includes increased expiry dates as well as several times increased payouts.
- "Short-term" – it is presented in three versions: 60 seconds, 2 minutes and 5 minutes (meaning the expiry dates of contracts). At the same time, the technology of this type of option trading is similar to the “high – low” option with the only difference in the timing of expiration.
Education at OptionFair
Education follows the suit of the high quality services provides by the company.
That is true that nothing innovative is provided at the website. However, the level of education is high enough. This can be seen with the naked eye, as a set of materials in educational center of the company includes a good number of educational videos, interactive books and a guide for beginners as well as a detailed description of all functions and services provided by broker.
Professional level support 24/7
Seven days a week, 24 hours a day OptionFair specialists are in touch. Reaching them out can be done by telephone, interactive chat and email. Support service is multi-language and its structure includes Russian language as well, which also contributes to the company’s advantages.
Funds deposit and withdrawal
As mentioned above, the quantity of depositing methods is quite sufficient.
Here you will find VISA, MASTERCARD and other credit cards alongside WEBMONEY and other payment systems, WesternUnion currency transfer and others as well as international bank SWIFT transfer. It is a very correct approach because limiting customers in the methods of the depositing is not quite logical marketing move, which unfortunately is present in other brokerage firms.
Replenishment by the above methods is instant (except for the bank transfer, which takes about 3 days). Withdrawal of funds shall be made within 3 days. Bank transfer will take 5 days.
OptionFair really surprises with its own service, one can feel a profound study and qualify implementation of all rendered services.
Let us highlight its main advantages:
- minimal deposit - 250USD;
- minimal stake – 25USD;
- trading platform with exclusive functions;
- bonus programs availability
- trading security;
- good selection of options;
- intuitive trading;
- a wide selection of depositing options.
- no sufficient drawbacks found.
OptionFair is the company that has emerged only in 2013. However, the quality and selection of the service is much better than that of some other companies existing on the financial services market for more than 5 years. At the same time, the OptionFair Company is in the process of constant development and improvement. Thus, when choosing a said broker customers choose a sufficient variety of both trading and associated services. The simultaneous presence of these options is not met at every broker.