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OptionFair provides many reliable deposit and withdrawal options for its clients. Withdrawal requests are generally processed within 36 hours. All digital transactions are secured using a 128-bit SSL encryption certificate. The broker conducts routine checks regularly to maintain the security integrity of the trading platform. OptionFair has added many innovations to its trading platform and has expanded its product offerings.
Higher paying options are available, for example Above/Below binary options can pay around 200% to 300% should the asset price move sufficiently. The payouts at OptionFair are generally favourable compared to rival brokers. Our review of OptionFair will reveal that this is a strategically designed binary options platform that offers dynamic trading options. The primary goal of this brand is to offer secure and reliable trading efforts with a large variety of investment assets. OptionFair, founded in 2012, is an binary options trading platform provider operated by B.O. TradeFinancials, located in Cyprus and regulated by CySec as well as MiFID.
She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success. Current offer of the month grants you a 70% bonus and a full video tutorial if you make at least a $400 deposit. This might have been a one-time event but we are committed to reveal all details about our good and bad experiences. After making detailed investigation of OptionFairour team came to the conclusion that there are other brokers that offer better service and have higher customer satisfaction. Unfortunately Market Options DOES NOT offer a demo account.
Education Center and FX Trading
Learn the basics of binary options trading from theory to practice. Account opening balance typically starts from $200, but traders can actually start trading with as little as $100 in their accounts. Minimum trade amount is $10, and traders can operate accounts in US Dollars and Euros. Account opening is an online affair, after which traders are required to send supporting documents to Optionfair.com.
‘Above’ and ‘below’ values are set away from the strike price, and as the name suggests, the asset price must finish above or below these values to finish in the money. These are listed to the left hand side of the trading platform, in alpari review a simple tab-style menu – the selected option is brought to the forefront. Below that are any further trade choices – for example, a ‘High/Low‘ option offers the traditional high/low, but also the above/below option for larger payouts.
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There are three trading styles offered at beaxy exchange review in addition to the standard High/Low option, OneTouch, Boundary and Short Term. What I found strange however is that there is very little explanation provided for the differences in these styles. Requests for withdrawals will be sent to the same account used to make the initial deposit.
There are two noteworthy drawbacks which I still observe with OptionFair, despite numerous improvements to most areas of the site. To withdraw your money, you do not need to meet any kind of minimum threshold. But if you need to make more withdrawals within the same month, you will have to pay a $30 fee on each of them.
- In the past, there were only around 40, so they have been added a lot.
- So the ‘High‘ or ‘Low‘ buttons are central, with the strike price between the two.
- FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters.
- In total there are around 40 assets spread over Forex, commodities, indices and stocks.
- This is a lot more options than used to be available in the past.
He’s played a crucial part in developing the site and helping it grow. In his role as writer and consultant, John’s keen to help others get ahead in the ever-changing world of binary options and forex trading. He’s always happy canadian forex brokers to advise others, whether it’s complete beginners learning the ropes or more experienced traders looking for some hints and tips. The standard account offers an initial deposit option of 250 dollars and a bonus of up to 30%.
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It has a nice selection of binary options, including those with a lifespan of just 30 seconds or 1 minute. Some of the binary options sold by this platform pays over 90% when they pay out. OptionFair offers beginner investors the opportunity to familiarize themselves with the platform with a demo account. You can familiarize yourself with the platform interface as you build your strategy all without risking a dime. With the recent renovation of the trading platform, Option Fair now offers 5 different accounts, each with unique characteristics for all your investment needs. Anyone opening an account and using the OptionFair platform to place a trade receives five risk-free trades worth up to a maximum of 100% of the original deposit.
This account comes with all the perks of the Silver account + special gold account perks. OptionFair is undoubtedly one of the best platforms for trading binary options. In addition to having excellent features right on their website, you can also find a large selection of FX pairs. So whoever embarks on the investment path with OptionFair, will have many opportunities to see their trades expire in the money.
There is also additional profits of 2%, expert financial sessions are offered weekly, three trading strategies and four SMS alerts. OptionFair became one of the largest and most popular brokers for good reasons. Their power to innovate is something very unique in this industry and enabled them to launch more and more types of options over the last three years. That’s why you can rest assure that this broker will be on top of trading technology.
The two types of options offered are One Touch and Boundary. OptionFair has a trading mobile App for Android (from version 4.0) and another one for iOS. The apps are easy to use and will give you access to OptionFair’s full range of options and features directly on your mobile device. Elite traders club – Enjoy cashback on trades of up to 1.5%, as well as other membership benefits including the Elie Traders Club Card. Withdrawals can be made at any time – and there is no minimum withdrawal amount.
Binary option types
All traders are entitled to receive trading signals in real time sent via SMS or email about which asset to trade, the direction of the trade-i.e. For deposits made with a credit card, traders need to deposit a minimum of $300. For those who are using Western Union the minimum deposit requirement is $1000.
Binary option trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. Our review of OptionFair shows us that traders should have a positive trade experience with this platform.
OptionFair has a nice selection of binary option types, and includes both short-term and long-term binary options. OptionFair will often have campaigns where you just don’t get a deposit bonus, but also extra pay on winning binary options. A common campaign is the one that gives you a 50% deposit bonus +1% extra pay on winning binary options.
Traders can trade the following types on the web-based trading platform. If your first deposit to OptionFair is in the 500 USD – 1,999 USD span, you will get a silver account. This will give you silver account perks, including 1% extra payout on all binary option payouts. The Gold account has an initial deposit requirement of 2000 dollars and initial bonuses that value up to 80%.