OptionFair Review

OptionFair at a glance:

Regulation : Yes (EU Regulated)
Minimum Deposit : $250
Minimum Trade : $25
Maximum Payout : 91%
Bonus : 100% up-to $5,000
Bonus Withdrawal : Total Deposit + Total Bonus * 40
Demo Account : Yes
USA : No
Mobile : Yes

General Overview

OptionFair ReviewOptionFair is a very powerful and innovative broker in the field of binary options trading. The firm is owned by B.O. TradeFinancials with headquarters located in Cyprus. The broker is committed in realizing the goal of its customers which is to provide a state of the aft platform where people can trade safely and earn money across a variety of assets. The merchant is ideal for all kind of traders be it novice or skilled ones with a highly intuitive trading platform which is quick and fun to work with. Please also kindly keep in mind that OptionFair has become a publicly traded company which double confirms it’s safety. However the broker does not accept traders from USA.

Comparison of Similar Brokers

Assets Coverage

OptionFair has only 40 assets at the moment for trading in binary options market. It is so because it is a pretty new broker and it is striving hard to expand its asset index in a very short span of time. However the 40 assets so provided by OptionFair is pretty good and as a trader, you will not feel limited in terms of diversity.

Trading Platform

The trading platform of OptionFair is powered by TechFinanciels which is committed to providing the best interface to its customers. As a trader, you can trade across a wide range of assets and other financial instruments without any glitches. The broker provides a very sophisticated pricing algorithm which aims at bringing technology together with the financial instruments.

OptionFair Trading Platform

Bonus and Promotions

The broker offers various kinds of bonus and other special promotions from time to time. In order to become eligible for the bonus, one should have a minimum amount of $250 in their trading account. In addition to the above, each bonus program is limited and provided one one-time basis to the traders concerned. The broker provides one-time 100% deposit bonus up to $5,000 at the time of registering. You can expect payout up to 85% of the invested amount.

Deposits and Withdrawals

OptionFair requires a minimum deposit amount of $300 to commence trading in binary options market. For a deposit of funds, one can avail the services of Credit Card, Electronic Wire Transfer, MoneyGram, Western Union and Electronic Wallet. There is no minimum withdrawal amount and the broker provides one withdrawal a month free of commission. Apart from dollars, one can use other currencies like RUB, GBP or EUR for making deposits. All the withdrawals are processed within 5 days of making the request while the deposits are acknowledged immediately.

OptionFair Payment Options

Customer Service

With OptionFair, you can expect a customer friendly environment because all the staff members with the broker are very cordial and soft spoken. All the queries are answered in a very short span of time without unavoidable delays across all business days of the week. Apart from English, the broker provides customer support in 13 different languages like for instance French, German, Italian, Spanish, Arabic etc. One can reach the staff members at OptionFair through various delivery channels like for instance email, video chats, and telephonic support.

Verdict

In a nutshell, OptionFair is a pretty good broker that can transform your dreams into reality. OptionFair is a global company with a high refund rate up to 15% on your trades. You get access to daily market highlights with a support team that is available 24X7. Signup with OptionFair and you will be able to discover the merits of doing business with this broker in the near future.

 
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Steve Gardner

I am living in London. I am an e-entrepreneur. I have been working in the financial trading industry as a professional since 2003. I am a fan of Chelsea team. I am married. I like cycling.
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