Trade Now!OptionFair is one of the most comprehensive binary options brokers and trading platforms available on the market today. This broker is also one of the most transparent out there; their goal is to provide traders with the ability to safely and reliably profit. The OptionFair trading platform is backed by OptionFair’s sister company, TechFinancials, so you know the interface will always function. Also, we recently got word that OptionFair will receive in the near future the SySEC license, so they will be regulated. Forex will be added to the site in following months, so the trader can choose when logged in for 2 platforms, binary options or forex (single wallet)
OptionFair
The bad: Definitely not a whole lot of bad things going on here. OptionFair’s range of assets are on the smaller side, compared to other brokers. Expiry times are also shorter, and returns are above the average.
The bottom line: OptionFair trading platform is organized differently than other brokers, but that’s okay, right? You’re here to make money, not worry about how the site is structured. The trading section is organized and based on the expiry times of assets. Some traders think that OptionFair has taken the Binary Options time variable to the limit as it seems like more thought in time variables than in the range of assets.
It appears there’s less attention on the asset itself, and much more emphasis on the expiry time and the return. This trading environment could put a lot of pressure on investors without any strategy or basic experience. Pressure is on as the table changes every 15 minute and the profits are as high as 80%. It’s fair to say that OptionFair created a short time high risk and high profits environment for experienced traders or even risk taking beginners.
OptionFair Bonuses, Withdrawals and Features
You know my sentiment on binary options bonuses– they’re hit or miss. OptionFair isn’t trying to sell you with 100% bonuses; they’re more middle of the road. For a $300 deposit, you’ll receive a 10% bonus. For higher deposit, you can receive between 20-30%.
VIP Account Breakdown
Mini Account, dep. up to $500, 10-30% bonus, up to 85% returns
Silver Account, dep. from $500-$1999, 30-60% bonus, up to 85% returns
Gold Account : dep. from $2000-$14999, 60-80% bonus, up to 87% returns
Platinum Account: dep. from $15000–$49000, 80-100% bonus, return up to 89%
VIP Account: dep. from $50.000 up till …., 100% bonus, 90% returns
When it comes to OptionFair, the limit for withdrawal is similar to most brokers in the industry, but when it comes to process time – OptionFair states that normally the withdrawal will be processed within 36 hours (VIP) to 5 days. No problem withdrawing your deposited amount if bonus wager is not fulfilled. Withdrawals are charged with a 30$ after more than one transaction per month. 1 free wire transfer on month, more- 30$ fee. OptionFair support is available via 5 international numbers- in English, French, Italian and Spanish or via email. The live chat service was very quick during most hours of the day and weekends. The effective return is among the average-high in the industry- 70-89% In-The-Money with a 75% average return for most assets. The Out-of-Money refund is between 0-15%.
The OptionFair platform has some great features, too. In addition to standard High/Low trades, there’s One Touch trading, which lets the trader decide whether he thinks an assets will touch a certain value before expiration time or not. There is also Boundary option for a 70% return if an asset is In our Out of a certain boundary. 60-second trading is also offered.
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