The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Of cryptocurrency assets, OptionFair has only BTCUSD – Bitcoin at the moment. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The amounts given out in bonuses vary and are arranged for each customer by the account officers. The asset lists at OptionFair are very good, with a full range of the most popular indices, currencies, commodities and stock available. The OptionFair Trading Platformoffers all educational resources for novice and experienced traders to be on top of their trading skills.
OptionFair Broker Review
The minimum trade here is also $25 and an additional profit of 1% is added. The trading layout is clear and user friendly – trading buttons are positioned sensibly, and the ‘scrollable’ amount ticker enables traders to enter trade amounts at a swipe. The full range of option types are available on the app, as are the full range of assets. Boundary – Boundary trades have two preset levels, one higher and one lower.
We find that binary trading option sectors that offer various forms of asset trading are a great standard and this helps to set OptionFair above the rest. As already mentioned the platform was developed solely for OptionFair and no other brokers. For you as a trader this is very good because you know exactly that this broker invested a lot of money to differentiate itself from the remaining brokers. There are many innovative features and options you could enjoy at OptionFair first like touch- and 60 seconds options.
The terms and conditions vary, but you will usually be required to make a first deposit of 250 USD or more to get any welcome bonus. There are a couple of ways to get in touch with the customer support and the most popular is their superior live-chat that is extremely fast and works smoothly. You can also contact their customer support through email or phone if you want. In terms of deposit options there’s some room for improvement. Moneybookers/Skrill, Neteller and others are currently missing. Jenny Chang is a senior writer specializing in SaaS and B2B software solutions.
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You can also earn up to 20% bonus on deposits of $500 to $999 and up to 30% bonus on deposits of between $1000 and $5000. Bonuses are also offered when you invite a friend to OptionFair, but you need to note that you cannot make withdrawals on bonuses until you make deposits. Deposits made on the platform cannot be withdrawn immediately, as it takes between 36 hours and 5 days to process such withdrawals.
Cheque, PayPal, Moneybookers, and netbanking are some of the payments methods. With a VIP you get amazing VIP perks, including 6% extra payout on all binary option payouts. Traders on OptionFair have the ability to trade various assets which is a great benefit. Assets such as indices, currencies, commodities and stocks are all valuable assets regarded by this platform.
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OptionFair offer a bespoke platform that is quick and easy to use. The highly navigable user interface is ideal for novice and experienced traders alike. The trading platform at OptionFair works well and is easy to use. A 50,000 USD deposit is required if you want to start out with a VIP account from scratch at OptionFair.
- For VIP account holders, there is an initial deposit of $50,000 required and plenty of additional bonus perks.
- Most of the information on the OptionFair website is presented in a logical, easy to read manner.
- If you are a large-volume trader, you can get upgraded to a VIP account later.
- Cheque, PayPal, Moneybookers, and netbanking are some of the payments methods.
There’s an early closure feature that allows you to sell options back to broker finexo until 5 minutes before expiration. OptionFair is a binary options trading platform which also includes FX. They offer a series of webinars that cover a variety of subjects and are targeted for traders of all types.
Customer support is available 24/7 from its main office in Nicosia and telephone contact numbers are provided for each country serviced. I spoke to Chat several times and found them forthcoming and pleasant. The easy-to-read ebook that is available to all traders explains how to begin trading Binary Options, how to understand trends, where to get your info and much more. There are several promotions being offered at the time of this review. OptionFair makes use of the highly effective Tech Financials Forex Trading buying and selling platform. Their buying and selling platform presents Excessive Low choices, One Contact, Boundary Choices and Pace Buying and selling in 60, 120, 180, and 300 second choices.
Is Option Fair a Scam?
You can also trade Forex and CFD’s with this trading platform, a rarity among binary options brokers in the industry. Founded in 2010, OptionFair is a leading binary options trading platform that is owned and managed by a Cyprus Investment Firm called B.O. OptionFair became unique in the world of binary options brokers in early 2015 when they became a publicly listed company. Their sister firm, TechFinancials Group, is now listed within the AIM market of London’s Stock Exchange and OptionFair sit under the same umbrella. This is very significant for traders in the UK, as it means the operation – particularly the financing – is absolutely transparent, and regularly published to the City.
If your account is inactive for six months, there is also a $45 monthly maintenance fee. How many brokers offer this kind of bonus policy where the money given to you is really yours? In fact, I am not even sure I have ever seen it anywhere else. If you ponder making a relatively large deposit, it is always a good idea to contact customer support and negotiate a deal with them. Investors love to trade on the forex market because of the flexibility and high returns it can offer. OptionFair has controlled risk, pip values, zero marge, unlimited returns, and an e-book specifically for Forex.
A chart of rates for live currency pairs and an economic calendar are posted daily, both of which are supplied by Investing.com. Anyone with $50,000 can open the VIP account, receive a 100% bonus and an additional profit of 5%. Traders also have the option of using the option builder to choose the assets that they can trade. Short Term – As ‘High/Low’ but with very short expiry times, from 5 minutes down to just 30 seconds.
The minimum trade size on the site used to be $24, with the maximum set at $5,000. Currently the minimum trade size is $25, and the maximum trade size is $3,000. So the minimum has just barely increased , while the maximum has come down a bit. Still, it is higher than the ceiling set by a lot of competing sites.
Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated. FairForexBrokers.com does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC. Every trader is obligated to check the legal status in their respective jurisdiction on their own. xm broker review have binary options based on shares, indices, currency pairs, and commodities. All in all, you’ve got roughly 70 different underlying instruments to chose among.
With that information available you will be equipped to make an informed purchasing decision that you won’t regret. You can also easily trade on the go with a great mobile app provided by OptionFair which allows you to stay constantly connected to the world’s financial markets no matter where you are. Potential clients without sufficient knowledge should seek individual advice from an authorized source. This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.
Buying and selling Robotic & Alerts
That’s the reason why OptionFair was able to innovate a lot and introduce new types of options like 60 seconds options or high yield options that give you the opportunity for large profits. 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. OptionFair with its Techfinancials platform offers a superb software experience in binary options trading.
OneTouch – this binary options trade is based on a simple concept. You predict if an asset’s underlying value will hit or miss a target price. The silver account carries an initial deposit of 500 dollars with a starting bonus of 60% and carries a profit of 1%. There is also a monthly financial expert session that comes with this account, on trading strategy and two live SMS.
We’ve found that deposits and withdrawal options offered by OptionFair has a major impact on our strong support of their binary options trading. There is an initial deposit of 250 USD, EUR, GBP, or an equivalent required. However, for trader convenience, this deposit doesn’t have to be made during registration. People who are used to trading online have, over the last few years, found a great opportunity in the binary options platform, OptionFair. This binary options broker boasts of experience since it entered the online market in 2010. One reason that makes investors stick with OptionFair is that it offers diversified trading options.
I was disappointed when doing this review to see that a demo account was not offered. A minimum trade for the last three accounts is $50 and there is no withdrawal fee from any of the five accounts. vantage fx offers their merchants with a Silver Account (Min Deposit $500) free buying and selling alerts. There are a lot of kinds of buying and selling alerts and auto buying and selling robots for binary choice merchants.
The trading platform provided by OptionFair is developed by OptionFair’s sister company called TechFinancials. The platform has been designed with an idea to give the optimal interface and tools for binary options trading. The platform itself supports a wide range of financial instruments as well as assets. The team of TechFinancials has designed a set of complex pricing algorithms, which lets them offer the tech able to power an impressive range of financial instruments. TradeFinancials platform is managed by experts in binary options trading who use their knowledge and experience to make sure you can invest and trade safely and effectively. OptionFair provides five different accounts one can choose from, and these include the VIP account.
They welcome traders from all over the world except the United States. OptionFair has the distinction of being one of the first to introduce a mobile version of the binary trading platform, allowing users to trade on their smartphones. As a regular binary options trader on OptionFair trading platform, you will instinctively know the price direction of an asset.