optionFair

optionFair

Score: 8.7
Bonus Amount: 100%
Min First Deposit: $200
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Broker Details

Name optionFair
Founded 2011
Headquarters Location Cyprus
Support Languages English, French, Italian, Spanish, Arabic, German
Trading Platform TechFinancials
Minimum 1st Deposit $200
Minimum Trade Amount $25
Bonus 100% 1st deposit match bonus
Options Profitability Upto 80%
Free Trade No
Options Refund 15%
Account Types Regular, Gold, Platinum
Regulation Info CYSEC (pending)
Security and Privacy Info SSL 128bit
Free Demo Account Yes
Deposit Methods VISA, MasterCard, Maestro, MoneyGram, WesternUnion, Liberty reserve, Bank transfer, Skrill,
Trading Methods High/Low (Up/Down), One Touch (Touch/No touch), 60 Seconds, Boundary
Types of Assets Currencies, Commodities, Stocks, Indices
Number of Assets 65
Expiry Times 60 Seconds, 15 minutes, 30 minutes, 1 Hour
Account Currency USD, EUR, GBP
US Traders Allowed USA
Mobile Trading Yes
Tablet Trading Yes
Free Assistance Yes
Free webinars Yes
Market news & analysis Yes

Home Page screen shot

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Trade page screen shot

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Pros

  • CYSEC regulated (January 2013)
  • 15% money back on losing trades
  • Vast number of deposit & withdraw methods

Cons

  • No free trades
  • Maximum expiry time is 1 hour
  • Not accepting US based traders
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Review

Background: optionFair was launched in 2011 and is owned and operated by Tradefinancials with main office in Cyprus. The webiste was the…

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Background:

optionFair was launched in 2011 and is owned and operated by Tradefinancials with main office in Cyprus. The webiste was the first to feature the ORCA+ trading system from Techfinancials that powers option fair since then. According to their website, optionFair is owned and operated by a seasoned group of veteran financial traders who specializes in online trading with 4 core beliefs: Financial rewards, fairness, freedom & entertainment in trading with an easy-to-use platform.
optionFair.com has customer support in 6 languages 24/7 via chat, phone or email.

The platform:

optionFair.com is powered by TechFinancials and uses it’s web-based trading platform that utilizes the ORCA+ trading method. The website offers 65 different underlying assets and four different trading types;

  • High/Low (aka up/down)
  • 60 Seconds – Extreme 60 seconds options trading.
  • Touch / No touch (aka one touch)
  • Boundary trading

Pay attention to:

  • Minimum deposit amount is $200- enables to test the broker without risking more funds.
  • Minimum trade size is set to $20 – new traders should pay attention to this since it’s not considered low.
  • Maximum trade size allowed is $5000 – great for savvy traders who seek bigger traders (and can be increased upon request!)
  • optionFair.com welcome bonus is upto 100% of your first deposit sum.
  • Large variety of deposit and withdraw methods with very clear and easy to understand terms and conditions.

Conclusion:

option Fair is considered today one of the biggest online binary options brokers. They offer customer support in many languages and utilizes one of the easiest and intuitive trading systems online today. Their assets variety is average and has all the well known stocks, indices, currencies and commodities online. As of January 2013, optionFair will be under CYSEC regulation and will yield to it’s strict financial rules.

optionFair binary options broker review by INVESThing.net staf
optionFair binary options broker review
Date Published: 12/28/2012
We have reviewed optionfair.com according to several different criteria. You can read the review for free or compare option fair to other binary options brokers.
8.7 / 10 stars
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