Since launching in 2013, OptionFair is located and regulated in Cyprus, and it is owned and managed by B.O. Tradefinancials Ltd. The Techfinancials software platform is used on this site. It has reached an amazing milestone of being the first binary options broker to be listed on the London Stock Exchange following its IPO in March 2015.
Deposits and Withdrawals
You can make deposits in a range of currencies, the minimum deposit being 250 USD/GBP or EUR. For a deposit of this amount, you need to use a credit card or electronic payment. However, if you want to make a deposit using a wire transfer, then the minimum amount that you can deposit is 500 USD/GBP or EUR.
The moment you open your account and make a deposit, you will be given the chance to accept a sign-up bonus of between 20% and 50%. Depositing more than $500 enables you to receive an additional 4 daily free signals which can be used in a month.
It is possible to withdraw your returns from this site in less than two days. It is worth noting that you receive one free withdrawal each month, and any more withdrawals in that period will have a charge of $30. The lowest amount that you can withdraw is $100.
When it comes to choosing an asset to trade in, finding what you need is simple due to the way that assets are arranged on this site. There is an asset column that lists them based on their expiry times, with the first assets being the closest to expiry. Having this information saves a trader from coming up with a complex strategy, everything is much more straightforward.
It is worth noting that every 15 minutes, the asset column shall change. With the right knowledge of the market and trading in general, securing an excellent profit in a limited time is possible.
To get some idea of how this platform works, you can get a free demo account once you make a minimum deposit of $500. The demo account will have virtual funds and you can try some trades to see how you fair in profit making.
OptionFair is available on a web-based platform, as well as a mobile trading platform.
OptionFair Trading Platform Example
Accounts and Returns
There are three types of accounts that you can choose from on OptionFair. The Standard account requires a minimum deposit of $250, the Gold account a minimum deposit of $500 and the Platinum account needs a minimum deposit of $1,000.
The returns from OptionFair are excellent, and with a standard account you can get a maximum return up to 85%. If you decided to open a platinum account, you are in luck as your return can reach the up to 89%.
The minimum investment that you can make on a trade is $25, whereas the maximum investment is the highest in the binary options industry at $15,000.
When you go six months without logging in, your account will become dormant and you will incur a 10% fee each month until you re-activate your account.
Your first encounter with the customer support will happen once you open your account. To ensure that you can navigate the site, an account manager will give you a call so that they can offer you guidance on help you select the best account for your needs and your minimal investment. This support is available in five languages including English, French, Spanish, Italian and Arabic.
Introducing OptionFair Broker Comapny
It is hard to describe the amazing thrill that you will have the moment you see your numbers go green, an indication that you are going to get paid. This site is ideal for those looking to enjoy their trading experience, and who are also willing to focus on specific trading options so that they can maximise their profits.