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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.
- Obviously the sign up process is 100% secured through SSL connection and you don’t have to fear that your sensitive personal information are insecure.
- The minimum trade size on the site used to be $24, with the maximum set at $5,000.
- This is a very strong indication that OptionFair’s recent makeover is definitely paying adividend for the brand’s growth.
- The trading area illustrates and clarifies the terms of any potential trade.
- Other eWallet brands are also taken at OptionFair, including iDeal and WebMoney, plus some region specific brands.
- Types of trades you can place include High/Low, Short Term, One Touch, No Touch, High Yield Touch, Boundary, and High Yield Boundary.
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.
OptionFair
For trading has been seen by many as one of the Cons of using this platform. mercatox review has adopted a generous bonus policy where the money they give you is yours with no strings attached. This leads me to believe that the chat line is likely never staffed, which makes its presence on the site a bit misleading. I really hope they will get this fixed at some point and consider providing a live agent to help out customers with questions or concerns. Types of trades you can place include High/Low, Short Term, One Touch, No Touch, High Yield Touch, Boundary, and High Yield Boundary. This is a fantastic selection, one of the best I have seen.
The major weak spot for OptionFair is the relatively small selection of underlying instruments. Local phone support numbers are available for a lot of European countries, which is a big plus, because even if you speak English you might not want to pay for an expensive phone call abroad. The OptionFair platform opens in your web browser and is easy to navigate and use for trading. The new Optionfair paltform is super intuitive, I wonder when they are going to implement copy trading, it can definitely boost your trading level.
With years of experience, you understand the behavior of prices and know how to predict them accurately. The platinum account is your starting point if your first deposit to OptionFair is within the 15,000 USD – 49,999 USD span. You get access to all the great platinum account perks, including 4% extra payout on all binary option payouts.
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The company is based in the British Virgin Islands, but operates with a license from the Cyprus Securities Exchange Commission . The platform is available in several different languages, including English, German, French, Spanish, Italian, Turkish, Arabian, and Japanese. Obviously the sign up process is 100% secured through SSL connection and you don’t have to fear that your sensitive personal information are insecure. This website is using a security service to protect itself from online attacks.
Binary options are prohibited in the European Economic Area. 83% of retail investor accounts lose money when trading CFDs. Basically, I have never had a single good experience with OptionFair’s customer service team — or I should say that I have never had an experience with them, and that is the problem. I have checked the live chat line repeatedly in the past, and I have done it repeatedly recently as well. This is true whether you are logged in or not, and also seems to be true regardless of the day of the week or the time.
It is said that, your bonus increases as your deposits increase but you can hear this from a lot of brokers including scammers. The broker provides an OptionFair education center with free tutorials as well as free seminars and eBooks for both professional and basic account holders. The data provided by the Binary options broker are not very informative and helpful in determining trading trends but you can learn some basic stuff from there . OptionFair offers a “One touch” trading platform that allows you setup trading parameters within few seconds and start trading.
OptionFair (Tech) Trading Platform
The returns on a few of their Forex Trading are 100%, and there’s a $2.50 charge for every commerce. Minimal commerce dimension is $10, and the max commerce dimension is $15,000. The maximum deposit is limited to £30,000 daily, and £150,000 monthly. The largest category of underlyings at OptionFair is the share category, followed by the currency pair category. The categories for indices and commodities are considerably smaller.
This certainly makes searching for answers that much quicker. In addition, there is an early closure listing and an expiry calculator. This broker is either shut down, not regulated or generates a large number of complaints.
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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 expiry time can be selected and amended as required and is accompanied by a ‘countdown’ as the expiry approaches. paxful review offers on average the highest bonus offerings that start at 30%. You can start trading by making an initial deposit of only $200.
There are a number of features that make some traders feel trade99 review not completely trustful. For instance , there are limited asset lists , and the brokers seem not to cater for their US members. The broker does not accept PayPal deposit and withdrawal options. Gold accountIf you first deposit is $2,000 – $14,999 you start out with a Gold account.
Compared to many other vendors of binary options, this isn’t very much. It should be noted however that at the time of writing, OptionFair is in the process of adding more to their selection. There are five different accounts available for binary option traders at OptionFair. Which account your start with depend on the size of your first deposit.
ACCEPTS US TRADERS Trade Binary Options with Nadex Only Regulated Broker for US Nadex is a secure, US-based , regulated exchange. If you withdraw more than once a month with a standard account, you will be charged a fee of $30. This is in order to recover some of the expenses OptionFair is imposed by the banks when making bank transfers. By depositing $500 or more you will receive 4 daily free signals for an entire month. We recommend You to Proceed with the Best Broker which has been ranked to offer the best service amongst over 100 brokers. BinaryTrading.com is compensated partially through the affiliate commission earned from some of the listed brokers.
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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.