OptionFair

At first glance, OptionFair.com seems to be like any other ordinary binary option trading provider. But on closer inspection, many will find OptionFair.com is much more than that.  The binary options trading provider is one of the very few binary options brokers that is leading the forefront with the superb offering it provides traders in the financial markets.

With their series of highly advanced software algorithms, OptionFair.com is able to power their trading platform in such a way as to make binary options trading easy and simple for even novice traders in the financial markets.

Uncomplicated Trading Platform

One of the main attractions about OptionFair.com’s trading platform is the ease with which you can start using it to trade in binary options. To place a trade, you just need to complete a few steps in defining the parameters of the transaction.

Apart from the ease of use, OptionFair.com trading platform does hold a couple other surprises. One of these is the “One Touch Trading” platform, which rather than selecting whether a particular asset will rise or fall in price by a predetermined expiry, you will choose whether a specific price will be reached or not.  In simple terms will the asset touch the line or not.

OptionFair’s trading platform also offers another trading feature called “Boundary Trading” or what some might call “Range Trading”. Using this feature, traders will decide whether a particular asset will breach a predefined price range prior to the start of the trade.

With Boundary Trading, if an investor feels that the price of a traded asset will fall below the lower end of a specified range or climb above the higher end of a specified range, then he will select the “OUT” button. If he believes the converse will happen, the investor will then select the “IN” button.

Another great feature about OptionFair.com is the fact that it allows any open market position to be closed prior to the predetermined expiry time. Under the “My Open Trades” section of the trading window, traders can simply click on any of the open positions and then click the “Close” button to close that particular position before its expiry time.

For those are interested in super fast trading, OptionFair.com also offer the “60 Seconds” trading feature. This feature is becoming more and more popular among traders of binary options as it’s fast and exciting especially for newer traders. With this feature traders only have to wait for a minute to find whether their options will expire in the money or out of the money.

The Payout:

With OptionFair.com, investors can expect returns up to 85% of their investment amount. The actual returns will vary according to the type of assets traded and their expiry time. Even if one happened to be unlucky, there is still the prospect of a 10% to 15% refund of the original amount invested from OptionFair.com.  This is on top of all the additional welcome bonuses that are being offered by OptionFair.com.  Bonuses work in the following way:

First Time Deposit:

  • Up to $499 (or equivalent in local currency)= Receive bonus of 10% into your account
  • Between $500-$999 (or equivalent in local currency), bonus of 20%
  • Between $1000-$5000 (or equivalent in local currency), bonus of 30%

 

Asset Types

Currently, OptionFair.com offers around 40 types of underlying assets for their clients to trade with. No doubt in due time, this list will be expanded to cover even more assets. Listed below is the list of assets available now at OptionFair.com.

Commodities    Forex Indices Stocks
Crude Oil
Gold
Silver
Australian Dollar-USD
Canadian Dollar-Japanese Yen
Euro-Canadian Dollar
Euro-Japanese Yen
Euro-Norwegian Krone
Euro-Pound
Euro-Swiss Franc
Euro-Turkish Lira
Euro-USD
Pound-Japanese Yen
Pound-USD
USD -Japanese Yen
USD -Swiss Franc
USD -Turkish Lira
USD-Canadian Dollar
USD-Norwegian Krone
ASX-200 Future
CAC-40 Future
DAX-30 Future
Dow Jones-30 Future
FTSE-100 Future
Hang Seng Future
IBEX-35 Future
Nasdaq-100 Future
NIFTY-Future (Singapore)
Nikkei-225 Future
S&P-500 Future
SMI-Future
Apple Inc
Barclays PLC
British Petroleum PLC
Facebook, Inc. (FB)
France Telecom
Google Inc
Societte General
SONY
Sumitomo

 

Customer Service:

With OptionFair.com, traders can expect a customer friendly support team. For the convenience of their clients, OptionFair.com provide multiple ways of contacting their support team:

LiveChat Option directly from the platform.

Phone Option

  • Arabic: +44 203 5191573
  • English: +44 203 5190373
  • French: +33 975 180047
  • Italian: +39 069 9366523
  • Japanese:+81 3 4579 5540
  • Spanish: +34 911 895174

 

Email Option at: Customercare@optionfair.com

For those whose mother tongue isn’t English, the OptionFair.com website also supports 13 other major languages. These languages include:

  • Arabic
  • Chinese (Simplified)
  • Danish
  • Finnish
  • French
  • German
  • Italian
  • Japanese
  • Norwegian
  • Portuguese
  • Spanish
  • Swedish
  • Turkish

 

Reliability & Security

In terms of reliability with regards to funds, OptionFair.com also provides several deposit and withdrawal options for their clients. They include:

  • Liberty Reserve
  • Major Credit Cards
  • MoneyBookers
  • MoneyGram
  • Western Union
  • Wire Transfer

 

Withdrawal requests are usually processed within 36 hours. For the security of all financial transactions, all digital information is transmitted using a 128bit SSL encryption certificate. Routine checks are regularly done by the guys at OptionFair.com to ensure that the security integrity of the trading platform is maintained.

Pros ofOptionFair.com:

  • 24/7 Support Team
  • Daily Market Highlights and Market Analysis Provided
  • Different Account Types for Different Category Of Traders
  • Early Closure Feature
  • High Bonus for “Invite A Friend” Program
  • High Refund Rate Of 10% To 15%
  • High Returns within 60 Seconds
  • Large Bonuses Offered Regularly
  • Low Spreads
  • Mobile Trading Supported
  • Option for Weekend Trading
  • User Friendly Trading Platform

 

Cons ofoptionFair.com

  • Limited Asset List
  • Do not cater to US Residents
  • Paypal Deposit and Withdrawal Option not supported

 

Summary

OptionFair.com promotes itself as a global company and is coupled with a forward thinking vision. The company seems fair in its dealings by providing a reliable trading platform. They have gone to the extent of ensuring that their platform is simple and user friendly in order that those with even basic knowledge about the financial markets can participate in trading in this lucrative market. No doubt, with their efforts, OptionFair.com will continue to expand their market share as more and more traders discover the advantages of trading with them.