OptionFair is a binary options broker that is easy to monitor and exciting to use. Cash-out took less than 2 days and you can withdraw once a month for free! OptionFair obtained CySec license in October 2013.
Check out more details in our OptionFair review.
This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!
OptionFair does not accept Americans / customers residing in the USA.
By depositing $500 or more you will receive 4 daily free signals for an entire month.
If you open a Platinum account with OptionFair you will be able to get significantly higher returns on your investments. The standard accounts has a maximum return of 85% that is actually is a rather high payout percentage compared to the industry standard. If you have a platinum account you can earn as high as 89%.
OptionFair has also an Elite Traders Club Card. this is a MasterCard issued to VIP traders and affiliates.
You are eligible for a free demo account if you deposit a minimum of $500. You do not have to trade with your funds in order to get access to the demo account. This is a great way for you to do a OptionFair review of the platform before placing real money trades.
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OptionFair with its Techfinancials platform offers a superb software experience in binary options trading. It is very easy to monitor your trades on a chart and you have a clear overview of the total active trades on the right-hand side of the menu. Trading with OptionFair is a thrilling experience and you get much enjoyment seeing those numbers go green so you get paid.
OptionFair has 60 assets to choose from when trading binary options. 12 indices, 3 commodities, 26 stocks and an impressive amount of 18 currency pairs. The wide range of currency pairs makes it possible for many different local forex experts to make a profit foreseeing movements in the currency market.
Of cryptocurrency assets, OptionFair has only BTCUSD – Bitcoin at the moment.
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When you first join OptionFair you can expect a phone call from an account manager that will provide you guidance to help determine what kind of account you should open based on your needs and the amount of funds you would like to invest.
OptionFair provides support in five difference languages including English, Spanish, Arabic, Italian and French.
We did not have the best experience with the live chat since only one in three questions was answered and the support agent closed the chat before the conversation was over and basically told us to Google the answers we were looking for. This might have been a one-time event but we are committed to reveal all details about our good and bad experiences.
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Our deposit with Skrill was not instant since OptionFair uses the send money feature instead of instant deposits; however, it only took us six minutes to receive our money, which we find very acceptable.
OptionFair allows one free withdrawal per month. This is a good service as it allows even small traders to take home some profit without losing it to banks fees.
If you withdraw more than once a month with a standard account, you will be charged a fee of $30. This is in order to recover some of the expenses OptionFair is imposed by the banks when making bank transfers.
The minimum withdrawal is $100.
It is not covered by the Terms & Conditions but if you do not login on your account for six months your account is considered dormant. You will be notified by mail but should you fail to log-in immediately and thereby activate your account a fee of 10% will be charged to your account monthly.
Like with all binary options brokers you are required to submit a valid photo ID + proof of address. This is in order to comply with the American Patriot Act from October, 2001 that was made to prevent money laundering.
We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!
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