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OptionFair

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OptionFair offers some of the best binary options on the web. You can open an account for $200 and then start trading for as little as $25 per trade. There is a maximum of $5,000 per trade, but this limit can sometimes be lifted upon special request. While they are not open to U.S. traders, the rest of the world can partake in some of the best online binary options trading available. This site offers one of the best all around binary options trading experiences and on top of this, they offer their very own trading platform. This platform is very professional looking and is extremely easy to use. This only increases their customer service experience.

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Get a Free Demo account once Signed up

  • Get our EXCLUSIVE 72 Hour OptionFair Demo Account to test out Binary Options trading. After the time has expired you will have to make a deposit to continue using the free demo account.
  • One of the best when it comes to customer service. Make sure you contact them if you are having issues.
  • Used the same platform a 24option, which is one of the best trading sites online.

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OptionFair Demo Trading

Demo trading is just that opportunity. We have an exclusive offer With OptionFair, in which you will receive you a 72 hour timeframe in which you can demo trade without risking any real money. Instead, you can use this great opportunity to practice real life trading strategies and adjust to the trading platform. After the 72 hour window, you will need to deposit money to continue to trade at OptionFair.

Deposits and withdrawals are pretty easy to execute on this site. There is a minimum withdrawal of $100, but you can make one free withdrawal per month before any extra fees are added. After your first free withdrawal, these have a standard flat rate of $30 per additional withdrawal. To deposit money into your account, you can use a credit card or a bank transfer. They also offer Western Union and MoneyGram to their clients in order to make deposits as easy and pain free as possible.

Option Fair is located in the British Virgin Islands and is owned by Mika Holdings Inc.

Why OptionFair?

OptionFair stresses the term “fair” in their name. This is what has given the site such a great reputation. This is what makes them such a great addition to the binary options world. Additionally, they have options that return between 70 and 85 percent, even on high profile assets like the EUR/USD currency pair. Most of the more popular assets, such as currencies, are usually right around 80-81 percent returns. These are some of the leading rates of return of any binary option brokers, making them an industry leader in this respect.

Option Fair TradingFurthermore, Option Fair combines their great rates with a superior customer experience. They offer first time deposit bonuses of up to 30 percent, plus they offer a great support team for their clients. If you have any questions or concerns, you can contact them via phone, mail, or even a live chat. This helps their clients to get the help they need in the manner they are most comfortable receiving it. Also, live chat and phone options give clients the fastest resolution to their binary options trading problems.

They offer the traditional call/put options along with one touch, boundary, and even 60 second options, making them a very versatile overall trading broker. While their asset list isn’t the largest—they do offer a wide array of currencies, commodities, stocks, and indices, though—they offer rates high enough to compensate for this shortcoming. Some of their assets include gold, silver, and oil, Microsoft, Facebook, and Apple stocks, and indices like the NASDAQ, the Dow Jones, and the S&P 500. Again, even though they cater primarily to U.S. financial assets, but this doesn’t mean they are closed off to the rest of the world. You can trade many currency cross-pairs and international stocks like Barclay’s, Vodafone, and France Telecom.

If you are unhappy with how a trade is going and you want to close the open option before the expiry time, this is something you can do with OptionFair. This is really easy to execute, simply choose the open trade you have that you want to close early and you will be given a pro-rated amount of return, depending upon what the current price is and how close it is to being in or out of the money.

OptionFair Trading Platform

Option Fair does have primarily U.S.-based assets, but they allow people to trade in dollars, British pounds, Euros, or Japanese yen. This has helped them to expand into one of the world’s leaders in the binary options department and encourages traders from around the world to join their ranks.

OptionFair has been around since 2010 and has quickly grown into one of the highest quality brokers on the internet.

Conclusion

OptionFair might not be the biggest binary options broker on the web, but they are certainly one of the best. They offer extremely high rates of return on most of their assets, despite not really having the biggest list of assets available for trading. The biggest drawback to OptionFair is that they do not offer rebates on their losing trades, so when traders miss out on a decision, they are losing all 100 percent of their money. This is partially overcome by their higher than normal rates of return, however.

The thing to take away from OptionFair is that they strive to give their clients an optimum trading experience. They are an industry leader in customer service and this is not something that should be overlooked when comparing them to other brokers.

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