Binary Options Broker Review: Our experience with OptionFair

read our optionfair broker reviewOptionFair was founded in 2010 and quickly established itself as one of the leaders in binary options trading. One reason for that is its straightforward and functional trading platform, TechFinancials, which continues to set the bar high in the field of binary options software. The platform is web-based and thus directly ready to use, without the need to download anything.

This is what we liked about OptionFair

  • free OptionFair demo account – active without prior deposit
  • up to 85% return possible
  • standard loss protection of up to 15%
  • very good  bonus only with us: 10 risk-free trades
  • additional 30% first deposit bonus
  • lots of trading modes and extremely flexible features

For mobile devices such as smartphones OptionFair.com offer a simplified mobile version of the trading platform. For first traders there is a helpful trading simulator on the home page in which the various trading styles can be played out. We put OptionFair to the test and examined each aspect of what they offer in detail, leaving us to see why OptionFair is to be counted among the most established binary options brokers in the business.

OptionFair – at a glance

Branding OptionFair
Visit website www.optionfair.com
Founded in 2010
Headquarters Cyprus
English website
Regulated by London Stock Exchange
Trading platform web based, TechFinancials
Binary option types High / Low, One Touch, Boundary, 60 Seconds
Additional features Early Closure, historical data
Underlyings 28 Stock, 20 currency pairs, 9 commodities, 15 Indices
Expiration times 60sec, 5min, 10min, 30min, 1hr, end of day/week
Max. return 85%
Max. return (High yield options) 350
Return on out-of-the-money expiries up to 15%
Bonus bis zu 130%
Min. deposit 250 €
Min. investment 25 €
Mobile trading
Payment methods credit card, wire transfer, Moneybookers, MoneyGram, Western Union
Account currencies USD, EUR, GBP, JPY
Languages English, German, Spanish, French, Arabic, Portuguese, Turkish, Italian, Danish, Finnish, Norwegian, Swedish, Japanese
Demo account yes
Support LiveChat, Email, Hotline
Support in English

Trading with OptionFair: very good conditions, all the way

For trades that expire in-the-money, OptionFair grants returns of up to 85%. A very  competitive return when compared with other competitors in the field.  In the negative scenario, if at the time of expiry the option is situated out-of-the-money, the trader can count on a maximum refund of 15% of the invested capital as a loss safe-guard. In addition to the classic  “High/low” binary option trading style, OptionFair offers “One Touch” as well as “Boundary” options. Traders with experience in binary options  will be already familiar with these particular trading styles.

At the time, this OptionFair test was written, a total of more than 70 different assets were available for trading. These included all the most important currency pairs, leading indices and shares from all over the globe as well as important commodities like gold and crude oil. The expiry times are ranging from 1 minute to 1 week. As a useful extra OptionFair has integrated into the trading platform news releases direct from Yahoo! Finance which can be specifically called upon to report on whichever particular asset you require. Through access to daily market analysis, traders can profit directly from other's OptionFair experiences and opinions.

OptionFair is worth it: free demo and exclusive bonus

An OptionFair account can be up and running with an initial deposit of 300 Euro. The minimum trading amount for a single trade is 25 Euro. The maximum trading amount is 1,000 Euro. As usual, deposits can be carried out through credit card, MoneyBookers and of course wire transfer. Payouts can be requested at no charge once a month. Additional withdrawals are also possible, attracting an nominal extra handling fee. The payouts are pretty speedily carried out in an indicated processing time of 36 hours.

Exclusive bonus: Exclusive to accounts opened through reviewbinaryoptions.net, OptionFair is offering 10 risk-free trades (maximum value 100% of the initial deposit) in addition to the regular deposit bonus of 30%, which sums up to a total of 130% bonus! Simply follow one of our registration links and write the bonuscode 10XRF to the support. And as a particularly special extra, OptionFair offer a completely free demo account in order to enjoy risk-free practice in binary options trading. In two completely easy steps, you're ready to go: Open your account and ask the support service for a demo account- that's all there is to it!

Besides the standard accounts, OptionFair have an attractive VIP program (Gold and Platinum accounts) that's made available to existing customers. Gold and Platinum traders enjoy a great variety of advantages. In the field of commercial resources, entry level traders in particular will find a comprehensive support service at their finger tips, allowing them to gain initial experience in the world of binary options. As for the information service itself, it's been done well, even though the visual layout here hasn't quite reached the levels of the excellent trading platform itself. The customer service, through our testing out of the Live Chat, was both fast and reliable. Also, we are pleased to report, there is also a telephone hotline available.

Tip: Not content with the 10 risk-free trades, OptionFair provide yet another bonus for first deposits. Enquire in the support service and get for yourself a further 30% added to your deposit!

OptionFair Verdict: a powerful complete package thanks to exclusive bonus and demo account

OptionFair touts on its homepage “world-leading trading platform” and this, actually is what it is, reliable and  visually impeccable. Furthermore all the usual current trading functions are on offer and very clearly outlined.  Therefore OptionFair beginners will also quickly find their bearings. And what's more, the paid-out profits are at a healthy level. Add to that our exclusive bonus that doubles the worth of your deposit amount and a demo account that is 100% free.

News reports integrated into the trading platform as well as fast pay-outs and a good customer service that includes German telephone support leaves very little to be desired. In addition the supplier complies explicitly with all the latest industry standards with regard to security and data protection. In summary, OptionFair offers a really strong whole package for traders, which should not fear any competitive comparison and favours a trouble-free entry into the world of binary options.

Broker

English

Demo

Max. return

Max. refund

Min. investment

Min. deposit

Max. Bonus

Open account

OptionFair

85%

15%

25 €

250 €

130%

Exclusive bonus!

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