85% – 89%
- Web site
- Online since
- British Virgin Islands
With over five years’ longevity as an online binary options broker, OptionFair has proven itself as a dependable and experienced financial institution. In 2012, they were one of the first in the industry to get licensed with the Cyprus Securities and Exchange Commission (CySec). As a regulated and certified broker with CySec, traders can invest with an added element of trust.
When writing this OptionFair Review we found out that their reputation has gained even more prominence when they recently became the first and only online binary options brokers to become publicly traded on the London Stock Exchange Alternative Market (AIM). They can be found under their sister company, the TechFinancials Group, listed as Tech.L.
Combined, these accolades are very significant because OptionFair’s traders have the assurance that they are dealing with a both a secure and transparent broker.
Trading Platform Review
OptionFair’s trading infrastructure is provided by TechFinancials. The platform is one of the most technologically advanced, and at the same time easy to use. The layout offers traders a comfortable atmosphere with all of the tools needed to satisfy all levels of traders. Conveniently, the platform doesn’t require any downloads.
Trading Assets & Instruments
OptionFair accepts traders from all over the world and provides all major languages to navigate the site. It’s a fast sign up process and traders can choose from USD, EUR, GBP, RUB or HUF as their currency options.
As far as available assets, OptionFair is competitive with their contributions. There are over 130 assets available to invest from in their indices, forex, stocks and commodities. Traders can choose from five instruments; High/Low, One Touch, Boundary, Short Term and Forex. Having these options captivates all trading styles, therefor satisfying both beginners and professionals.
One of the highlights is that their platform integrates forex and binary options, enabling a 2-in-1 trading experience. With a click of a button, traders can smoothly transition between the two instruments. This upgrade has been available since the beginning of 2015.
Many investors who are looking for instant gratification have the benefit of OptionFair’s 60 second trading. In less than a minute, up to an 80% return can materialize. This potential to capitalize so quickly makes it a popular feature.
There are plenty of education resources that are particularly helpful, but not exclusive, to those just getting started in binary options. They offer 1-on-1 instruction from personal account managers, E-Books, video tutorials, webinars, trading strategies and signals to their clients. Receiving the signals are very useful for all levels of traders because those signed up are sent up to 20 alerts per day for free. The signals are sent via SMS and e-mail and include market activity, updates on multiple expiries, coverage on global assets and other strength indicators.
The bonuses and promotions offered are competitive with other brokers. First time depositors can pick up a welcome bonus that rewards up to 200%. Traders can further stimulate their account with OptionFair’s cash back opportunities and risk-free trade offers. Traders can also take advantage of profit double-ups, which OptionFair was the first brand to introduce. The Minimum Deposit is $/£ 250.
Customer support is taken seriously by their customer support team. They are available by way of phone and live chat Sunday through Friday, 8:00 AM to 10:00 PM GMT +2. Their professional staff are helpful in 13 different languages.
OptionFair has all of the prerequisites of providing an overall satisfying trading experience. Those who choose to invest with them have an added sense of security knowing that they are trading with the only regulated and publicly traded company in the industry. With a minimum deposit of $250 and a welcome bonus of up to 200%, you simply can’t go wrong with this broker.
Safe & Trusted Broker