OptionFair Review – Get an exclusive welcome bonus

OptionFair Review

OptionFair is a binary options broker that is operated by the B.O TradeFinancials company. It has been operating since 2020. During this period it has quickly become one of the more acclaimed brokers in the market. This is due its many asset options and services that support traders.

In particular, OptionFair offers a simplicity that allows even beginner traders to use the broker with the greatest of ease. Furthermore, this broker operates ethically, holding themselves to the highest standards of the law. Let’s take a closer look at how well OptionFair really operates:

Account Types, Bonuses, and Special Features

There are four types of accounts provided by OptionFair. This ranges from the most basic account, the Standard, to the more exclusive one – the Platinum account. These binary options trading account differ both in minimum deposits as well as the various services offered.

The Standard account requires a minimum deposit of $250. Once the account has been set up, the trader is treated to a free introductory session. The next account is the Silver account. Here, the minimum requirement is $500. In addition to the introductory session, the trader is also given two trade signals. They will receive this via text message. There is also a profit of 1 percent.

The Gold account is next in the hierarchy. To have access to this account, you will need to deposit at least $2000. This will assure you of extra profits of 2 percent.

Also, you will be offered financial advice on a weekly basis. You will also be given four trading signals that will be conveyed through text message.

Then, there is the Platinum account. This account will cost you an initial deposit of $15,000. It will also entail a four percent profit. Finally, the VIP account that requires an initial deposit of $50,000. In addition to as many advisory sessions as you would like, you will also be given an unlimited amount of trading signals.

There is a welcome bonus available for certain traders. However, to be eligible for this bonus, a trader must deposit a minimum of $350 dollars into their account. Individuals who deposit less will not be able to receive this bonus.

OptionFair also has a demo account that traders can use. Once you have signed up for one of their accounts, this broker will give you the choice of using their demo account as well. This will help you get confident with the trading platform that they use. You will be given $500 in virtual money to use with this demo version.

Licensing and Regulations

While binary options trading is a lucrative opportunity for many traders, there are many who are hesitant to join the market.

This is because many of the brokers are not licensed. OptionFair, however, happens to be among the few that are licensed by one of the leading authorities in binary options trading.

The have been provided with a license by CySEC. This does mean, however, that they do not conduct trades with traders from the United States, Israel, or Japan.

There are also an extremely secure broker, taking all of the necessary precautions to ensure that clients’ information and funds are safe. This includes segregating clients’ funds to make sure that they are kept safe. There is also a compensation policy in place.

Review of the Software

OptionFair uses one of the most powerful trading software on the market – TechFinancials.

In addition to providing traders with clear and concise details and systems, the software is also easy to use. This allows traders to quickly place trades, with very little chance of making any mistakes.

This trading platform gives you access to numerous assets. You can place several different trades on these assets. This includes the High/Low Option, Touch/No Touch, Boundary, and 60 second Trade Options.

Deposits and Withdrawals

If you wish to deposit money with OptionFair, you can do so with credit cards, bank wire transfers, Western Union, or with a variety of E Wallets. OptionFair will not charge you any money for depositing funds into your account. However, the third party that you are utilizing may, and you will be required to pay this fee.

Unlike many other brokers, there is no minimum amount that you are expected to withdraw from your account with OptionFair. You can withdraw as little or as much as you want. Every once a month, you get one free withdrawal. After that, you will be charged $30 every time you withdraw funds from your account.

There is no denying that OptionFair is an authentic and well-functioning binary options broker. They provide good services, offer a strong trading platform, and above all, are licensed. If you are planning on starting a binary options account, OptionFair is certainly one of the better choices that you will have to contend with.

Full Review about OptionFair

• OptionFair
• Established in: 2009
• Minimum deposit: 250USD/EUR/GBP or local equivalent
• Maximun Return: 91%
• Jurisdiction: Cyprus
• Licenses: MiFID (Market in Financial Instrument Directive), CySEC, National Securities Market Commission (CNMV)

• Mobile Platform: Yes
• App: Yes (Android and IOS)
• Live Chat: Yes

• Demo Account: No
• Deposit Methods: bank transfers, Mastercard, Visa, Dinners, Neteller, Ukash, CashU, Maestro, JCB, Dankort, Western Union, WebMoney

Binary options are quickly becoming one of the top investment choices for people all around the globe. OptionFair is considered one of the most popular platforms for binary options trading because of its simple interface and selection of the most widely traded assets.
OptionFair is a trademark of Mika Holdings Inc, a company registered since 2020. The head office is located on the island of Tortola in the British Virgin Islands. Its headquarters are located in the Cypriot city of Limassol . It has a license MiFID (Market in Financial Instrument Directive) to develop their operations and enjoys the guarantee of the National Securities Market Commission (CNMV)

General Information about OptionFair

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.

Management Platform and Asset Selection

• Assets: The amount of currency or commodity the user is trading.
• Current Price: The number relating to the price of the underlying asset being traded
• High / Low: These are the available options when you initiate a transaction.
• Return: The percentage of profit acquired during the transaction.
• Deadline: The date and time when the transactions expire.
• State: The remaining time you have for a valid transaction.

In order to make a trade on OptionFair, you simply need to click the plus or minus button to designate your forecasted trend for the asset you choose to trade.
OptionFair is one of the most comprehensive platforms on the market today. Users have the options to make two different type of trades, which can be seen on separate tabs on the platform.
The two types of options offered are One Touch and Boundary.
One Touch: Instead of forecasting a price trend, you need to indicate whether the underlying asset will reach a specific price target before the time expiries.
Boundary: All you need to do is decide if an asset’s price will stay in the target price range or no t.
OptionFair offers you five types of accounts so you can choose the one that best suits your investment needs. You’ll initially receive a basic account at the time of your registration, which requires a minimum investment of $250 to start trading.

Advantages & disadvantages

Advantages

• The first 5 transactions are risk free
• Fast trade transactions
• Trade online without downloading additional programs
• No commissions

Disadvantages

• Does not accept Paypal

Welcome Bonuses & Promotions

• Invite a Friend: If you like trading at OptionFair, why not invite a friend to join in the fun? If you bring a friend to the platform, you will receive a commission when he or she registers. Best of all, your friend will also receive a bonus just for using the site. For a deposit of 300 to 500 Euro, you will receive 100 Euro. If you deposit more than 500 Euro, you will receive 150 Euro and your friend will receive an additional 25 Euro.
• Secure Operations: Once you make your initial deposit, you are automatically eligible to apply for 5 risk free operations! To enjoy this promotion, you need to contact customer support once you’ve made your deposit.
• Trading Signals: From now you can receive trading signals directly to your email or even on your mobile device if you wish. Join now and benefit from the service of OptionFair Trading Signals, which will provide information on the most profitable assets, the direction of trade (call or put) and expiration of operations. Request this service by e-mail or SMS.

Available Memberships

• Standard account: This account requires an initial deposit of 250 € and offers a welcome bonus of up to 30%. It offers an introductory session to binary options market by a financial expert.
• Silver Account: Requires a minimum initial deposit of 500 € on which you can receive a bonus of up to 60%. This account gives you an extra 1% profit on your transactions. It allows access to daily comments, option ebooks and 1 session per month on binary options trading given by an expert. It also offers 2 market alerts via SMS and strategy options.
• Gold Account: Requires an initial deposit of at least € 2,000 to start trading. The extra profit percentage is 2%. You are entitled to daily comments, ebooks and 2 trade sessions per week. You will also receive four alerts and 3 strategies.
• Platinum Account: The welcome bonus is 100%, but the minimum deposit is considerably higher, at least € 15,000. However, you will receive an added percentage benefit of 4%, as well as unlimited trading sessions with an expert and market alerts.You’ll also get five trading strategies.
• VIP account: With deposits of € 50,000 or more, you’ll receive a personal bonus to match your needs. You will receive 6% extra on your transaction and will be entitled unlimited benefits offered by the broker.

This platform offers investors many opportunities for high profit with it simple interface and wide selection of assets. You’ll find currency pairs, securities, commodities, and stock indices. And of course, your first five transactions are completely risk free.

Demo Account

Education Center and FX Trading

OptionFair is a binary options trading platform which also includes FX. You can easily trade currencies as well.
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.
With the 2 in 1 account you can trade on the forex and binary markets at the same time. No extra charges, no extra fees. Leverage your knowledge of both markets and start trading FX now!

Merchant Center and Payment Methods

Payment Methods

OptionFair is one of the most user friendly binary options brokers today. You can make deposits and withdrawals with most electronic payment methods, credit cards and bank transfers.
OptionFair is pleased to present to all its customers in the new Elite Traders Club card. You can get your deposits back and receive up to an additional 1.5% on returns on each transaction!

Compare OptionFair vs OptionRally

What is better OptionFair or OptionRally?

Getting the right binary option trading srevice for your business is complicated with a lot of functions, options, and offers to choose from. On the other hand, depending on our website will help you to simplify the necessary steps by showing all crucial brokers in a single place.

For instance, you can contrast OptionFair and OptionRally for their functions and overall scores, namely, 8.1 and 8.2, respectively. Similarly, you can see which service has higher general user satisfaction rating: 71% (OptionFair) and 97% (OptionRally) to determine which one is the better option. Don’t simply start using the service with the most attractive minimum deposit, but the solution that offers the best value for your money.

At the moment, the most popular services in our Binary Options Brokers category are: GTOptions, OneTwoTrade, IQ Option .

OptionFair

OptionRally

IQ Option

This product is our partner, which means they paid for being featured as one of the suggestions. Our team takes great care to ensure all sugested products are reliable, top-quality solutions.

OptionFair

SmartScore™

User Satisfaction

Minimum Deposit

Accepts US Clients

Comission

Place Trades Over Phone

Located In

Trade Types

OptionFair offers the following trade types:

• High / Low Instrument: It allows you to decide if the price of an asset will go up or down
• One Touch Instrument: Here you can choose if the price of an asset will touch a specific target price.
• Boundary: It lets you choose if a given asset price is going to stay withing a given price range.
• Short Term: It supports quick 60 second, 2 minute or 5 minute trades available with the with the short term option.

Deposit Options

MoneyGram, Credit Card, Debit Card, Bank Wire Transfer, Western Union, Moneybookers

Payout ratios

Returns can go as high as 85%. You can get a 10% to 15% refund for losing trades.

Platform

Platform type: Tech Financials

Platform Languages: English, Spanish, German, French, Chinese, Italian, Turkish, Arabic, Swedish

OS Compatibility: iOS, Windows

Streaming News Feed: Yes

Email Alerts: No

Mobile Alerts: No

Trading Accounts

OptionFair offers five types of trading accounts:

Standard : Initial deposit is $250, up to 20% bonus

• Additional profit is 0%
• Binary Opitons eBook
• Introductory financial expert session
• 17 video tutorials
• Minimum trade amount is 25 $/€/£

Silver : Initial deposit is $500, up to 40% bonus

• Additional profit is 1%
• Binary Opitons eBook
• Daily Overview
• 1 financial expert session per month
• 31 video tutorials
• Minimum trade amount 25 $/€/£

Gold : Initial deposit is $2,000, up to 60% bonus

• Additional profit is 2%
• Binary Opitons eBook
• Daily Overview
• 2 financial expert session per week
• 44 video tutorials
• Minimum trade amount 100 $/€/£

Platinum : Initial deposit is $15,000, up to 80% bonus

• Additional profit is 4%
• Binary Opitons eBook
• Daily Overview
• Unlimited financial expert sessions
• 51 video tutorials
• Minimum trade amount 200 $/€/£

VIP : Initial deposit is $50,000, up to 100% bonus

• Additional profit is 6%
• Binary Opitons eBook
• Daily Overview
• Unlimited financial expert sessions
• Unlimited trading strategies
• 51 video tutorials
• Minimum trade amount 500 $/€/£

Payouts Percentage

Withdrawal Options

Credit Card, Bank Wire Transfer, Western Union, Moneybookers

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Available Support

General Info

OptionFair is a reliabble binary options broker that provides traders with the ability to trade by investing in a variety of assets.

Company Email

Contact No.

Product Comparisons

Popular Alternatives

OptionRally

SmartScore™

User Satisfaction

Minimum Deposit

Accepts US Clients

Comission

Place Trades Over Phone

Located In

Trade Types

OptionRally offers the following trade types:

• Binary Meta
• 60 Seconds
• Option Builder
• One Touch
• Call and Put options

Deposit Options

Webmoney, Credit Card, Bank Wire Transfer, Western Union, CashU, Skrill

Payout ratios

Average return is 78% for winning trades and a refund of 10% is offered for losing trades.

Platform

Platform type: SpotOption

Platform Languages: English, Spanish, German, Russian, Chinese, Japanese, Turkish, Arabic

OS Compatibility: Mac OS, iOS, Windows, Android

Streaming News Feed: Yes

Email Alerts: Yes

Mobile Alerts: Yes

Trading Accounts

OptionRally offers five types of trading accounts:

Mini Trading Account

• Minimum deposit is $200
• Welcome bonus is 15% of the initial deposit amount
• Subsequent deposits get 10% bonus of the amount deposited
• Daily and weekly market review

Standard Trading Account

• Minimum deposit is $1,000
• Welcome bonus is 20% of the initial deposit amount
• Subsequent deposits get 10% of the deposited amount
• One-time interaction with financial experts
• OptionRally e-book
• Market news, reviews, and analyst recommendations

Executive Trading Account

• Minimum deposit is $5,000
• All Standard account privileges plus a 25% welcome bonus
• Two interactions with financial experts
• Three daily trading tips

VIP Club Account

• Minimum deposit of $10,000
• Welcome bonus of 30% of the initial deposit
• International travelling arrangements
• Free smartphone/tablet after $15k trading
• Three personalized consultations with financial experts
• OptionRally e-book
• Daily and weekly market reviews
• Five daily trading tips
• Traders can consult market analysts during regular trading hours
• 15% bonus for re-deposits
• Access to international clubs, trading tools, and exclusive information and ideas
• Personal trading concierge

Islamic Trading Account

• Trading with interest-free accounts