OptionFair stops trading in February 2020
OptionFair is a binary options service of Finopex Corporation. They welcome traders from all over the world except the USA. OptionFair has a special feature that allows first time users to introduce a mobile version of the binary trading platform, allowing users to trade on their smartphones.
Exchange
Bonuses and promotions
The account opening bonus is given to the first person to trade on the platform. Regular promotions are also available. The amount offered as a bonus varies and is determined by your accountant for each client.
account information
Open account balances usually start at $200, but real traders in the account is $100 to start trading with you . OptionFair enhances this with a generous 10-30% bonus. The minimum trade amount is $10 and traders can operate their accounts in US dollars and euros. Opening an account as an online business, traders must then submit supporting documents to Optionfair.com.
Transaction request
OptionFair offers a variety of electronic funding and withdrawal options such as Liberty Reserve, UKash, CashU, Skrill and credit/debit cards.
OptionFair features developed advanced pricing algorithms that allow the most competitive pricing on binary options and allow traders to trade on both sides of the asset. Even if you call them the equivalent of ECN brokers in Forex, you wouldn’t go wrong. The range of assets that can be traded is unmatched. Traders can earn up to 85% in each trade .
Main Platform and Market Supply
The trading platform is a web-based platform that is easy to use and can be used by beginners without difficulty. One feature of this platform is that interactive charts are available for all assets listed for a single trade. As mentioned earlier, there is a mobile trading platform for use on smartphones, which eliminates restrictions on trading with PCs. The traded assets are:
1) Currencies: EURUSD, USDCHF, USDJPY, AUDUSD, GBPUSD and Yen cross.
2) Stocks: Telefonica SA, Lloyds, Vodafone, Apple, Google, BP, Barclays
3) Commodities: Gold and Silver.
4) Stock index futures such as IBEX, DJ30, NASDAQ100, FTSE100 and Xetra Dax.
Asset indices are much broader than those listed above. A more comprehensive list can be used by traders when opening an account. Traders can trade the following types on the web-based trading platform:
a) high/low:
b) Touch/non-touch options:
c) Boundary Options: Traders can trade In and Out Options.
Traders can also use the Option Builder to choose which assets they can trade.
Customer Service
OptionFair offers customer support ahead of peers. Users in the initial support section see a FAQ section that covers basic questions about binary options and services. In the next step, traders can contact the multilingual support team via phone, email or live chat. Very strong customer support.
Is the option pair a scam?
OptionFair is a binary options broker registered in the British Virgin Islands and operating in Cyprus. The best broker in the industry was founded in 2010 and is managed by a team of skilled professionals in the financial industry. Regulated by the Cyprus Securities and Exchange Commission, the main regulator of the binary options industry. OptionFair has been involved in many innovations since 2010 and has successfully diversified its product portfolio. In addition, it offers several security options to protect your transactions.
Last word
It is debatable that OptionFair is ranked third among the best binary options brokers in the world. It is the most popular broker with competitive pricing structure, payment system, various funding and withdrawal options and strong customer support. Most of the reviews you get from merchants who have used this service are positive. So far, there are no reports of traders experiencing common problems with certain brokers. It is a good broker to exchange binary options.