OptionFair Review, OptionFair Customer Reviews

OptionFair


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Overall: 4.78
 

OptionFair was first landing on Binary Options industry in early 2009 and it’s considered one of the older Binary Options broker around. Like 24option, OptionFair use TechFinancials trading platform, which’s tested and tried platform. The payout is up to 89%, and it’s considered one of the better one for payout. In fact, there’s only a few brokers can match or exceed that type of payout. OptionFair is located and incorporated in British Virgin Islands, like Cyprus, it’s considered a Tax Haven for most financial institutions because there’s little to no regulatory oversight at all. This doesn’t give us a lot of confidence because our money doesn’t get the protection it deserves, but there’s quite a lot of highly rated and very trustworthy broker located there, so you shouldn’t be worry about it, because at the end of the day, if a company goes bust, nothing much we could do… take PFGbest as an example recently; a fully regulated, USA financial institution but once they went bankrupt, traders couldn’t get their money. The minimum deposit is $250, which’s an average amount; some brokers require less for minimum deposit like uBinary. Recently, OptionFair has implemented the 60 seconds options, so that’s good news for those who has 60 seconds system. However, one major drawback is that OptionFair don’t accept USA clients because of NFA/SEC problem. 

OptionFair Withdrawal

Deposit is important but withdrawal ability of a broker is way more important for us to rank a broker. Because there are some cases, withdrawal becomes a frustrated and tiring process which cause by some shady brokers. But with OptionFair, so far, there’s no problem withdrawing for us at all, usually they process all withdrawal within 36 hours from the time of request.

OptionFair Support

OptionFair support is not up to standard in our opinion previously but now they have been doing some major upgrade to their support line. Previously, there’s Live Chat available on their website but when we try to contact support, it’s only sending them email instead having a live person to talk to. However, nowadays, we only have to wait up to 30 seconds for a live person to turn up to answer our inquiries.  That shows that they do care a lot about their potential clients.

OptionFair Platform 

In binary options trading review one gets extra info that covers binary options. Binary options trading platform plays a significant part in this trade. Also known as the binary options website. It provides new investors with a chance to come up with short term movement of price regarding underlying assets by buying binary options on asset.

Each one of the binary options broker have used this options trading platform including new traders in particular. It offers short-term binary options which are standardized along with pre-determined profit or loss. It could never in any case liquidate before the date of expiry.

A proper platform must be designed in particular to get traders. It needs to be flexible for new traders as well as seasoned traders. In order to know more with such platforms, just go through the binary options trading reviews on them. Look for those binary options trading providers that come with platform providing functionality & tools for individuals in binary trading. Also the platform should be simple to understand especially for amateur traders.

The majority of binary options brokers take advantage from the flexibility of it. It provides a broad range of stocks, currency pairs, indexes and commodities. The review of binary options trading helps in understanding the value of each key term in binary trading. The binary platform of provider must focus on offering useful methods for all the individuals in binary trading.


OptionFair Reviews by Customers

OptionFair review by David

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Overall: 4.75
 

I've been trading with optionFair for over 6 months now and haven't had any problems to date. Withdrawals were on time and I like the over all efficiency of their expiry rates.

OptionFair review by Jose

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Overall: 4.38
 

This is one of the few trading platforms around that allows me to close my position before the contract expires.Tho Asset list can still be improved

OptionFair review by Roscoe

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Overall: 5.00
 

I'd never had problems withdrawing my earnings and I'm working with this platform for almost a two year's now. Great Company!!!.

OptionFair review by Alice

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Overall: 5.00
 

OptionFair seems to be one of the few major brokers around that offers returns as high as 85%. On top of the high returns, the refund rate is also quite reasonable for failed trades.

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