OptionFair is Finopex Group’s binary options service, they welcome traders from all over the world except the United States. It has the distinction of being one of the first to introduce a mobile version of the binary trading platform, allowing users to trade on their smartphones.

Trading Platform

Bonuses and promotions

Account opening bonuses are awarded to first-time traders on their platform, promotions are run periodically as well, the amount given in the bonus varies and is provided for each client by the account staff.

Account Information

Open balance accounts usually start from $200, but real traders can start trading with as little as $100 in their OptionFair account. Add to this with generous bonuses. 10-30%. The minimum trade amount is $10 and traders can operate accounts in US dollars and euros. Account opening is online after which traders must submit supporting documents to Optionfair.com

Terms of Trading

OptionFair offers a wide range of electronic funding and withdrawal options including Liberty Reserve, UKash, CashU, Skrill, credit/debit cards from almost every major card processing company you can think of.

OptionFair has the distinction of developing an advanced pricing algorithm that allows for the most competitive pricing in binary options and allows traders to trade both sides of the asset, if you call them. As being on par with ECN brokers in forex, you can’t be wrong, the range of tradable assets is unmatched, traders can make as much as 85% on every trade.

Dominant Platforms and Markets Offered

The trading platform is a web-based platform that is easy to use and has been optimized even for novice users, one of its features is the availability of interactive charts for every asset available for trading. As mentioned earlier, there is a mobile trading platform available for use on smartphones without PC trading limits.

1) Currencies: EURUSD, USDCHF, USDJPY, AUDUSD, GBPUSD and Yen

2) Stocks: Telefonica SA, Lloyds, Vodafone, Apple, Google, BP, Barclays.

3) Commodities: Gold and Silver

4) Stock index futures such as IBEX, DJ30, NASDAQ100, FTSE100 and Xetra Dax.

The asset indices are broader than those listed above, a more comprehensive list will be available once the trader opens an account.The following types of trades can be traded on the web trading platform.

a) Over/Under:

b) Touch/No Touch options:

c) Boundary Options: Traders can trade in/out options with OptionFair.

Traders also have the option to use the option builder to select tradable assets.

Customer Service

OptionFair has customer service that is way ahead of its competitors. Users to the support section are initially presented with an FAQ section which answers basic questions about binary options and their services. On the next level, traders can get in touch. Multilingual support team via phone, email or live chat Customer support is very strong.

Fair Option Scam?

OptionFair is a binary options broker registered in the British Virgin Islands and operating out of Cyprus. By a group of highly experienced professionals from the financial industry, they are regulated by the prominent regulator in the binary options industry, the Cyprus Securities and Exchange Commission, OptionFair. It has been involved in a number of innovations since 2010 and has successfully diversified its product portfolio, it also offers different security options to protect your transactions.

last word

It is a proven fact that OptionFair ranks among the top three best binary options brokers in the world, their competitive price structure, payout system, wide range of withdrawal options and strong customer support make them. It is one of the most sought after brokers, most of the reviews you will get from traders using this service are positive, so far there have been no reports of traders experiencing some issues that are common to some brokers. A good broker for binary options trading too.