OptionFair Review

Rating: rating
Optionfair is a great binary options broker with offices in the UK.

  • Minimum Deposit: $250
  • Maximum Payout: 85%
  • Accepts US Traders: No
Promo: First Depositor Bonus » Sign up now

OptionFair Review

OptionFair is a binary options broker that offers a ton of different trading options for traders from all walks of life. It offers many secure and reliable trading options for people who are interested in diversifying their investment portfolio.

It is also one of the simpler platforms to use, making it an easy yet rewarding experience for everyone. OptionFair has been around since the year 2010, and is sourced from the US Virgin Islands. From its excellent trading software to its awesome customer service, the reputation of this company has never been better. We find out if it is actually worth the investment in this detailed review:

Accounts, Bonuses and Special Features

Bonuses are something that any trader is going to look for. After all, they are a great way to get a leg up in the trading game. OptionFair offers more than a few bonuses for all traders to enjoy. Get an initial deposit bonus that is dependent on the type of account that you have as well as the amount that you initially deposit as well. There can be a 100% cash bonus for signing up with this broker, which is a great incentive to work with them. This isn’t the only bonus that is available with OptionFair either. There is a whole range of promotions that can be given based on the time of year and the season.

OptionFair has a number of account packages available to traders as well. Each of these has features that have been thought out carefully. They accommodate your needs no matter what they are. You can take advantage of a number of services including sign up bonuses as well as trading sessions from experts. The standard account is the most basic account available. You have to deposit a low $250 to open it, and you get a 30% welcome bonus. You also get a session that introduces you to the workings of the broker.

The silver account is the next tier of account types at OptionFair. The deposit for this account is $500, and traders get a welcome bonus of 60% of their deposit. The profit you can get is 1%. You also gain access to a financial expert who trains you every month on the different strategies, along with two live SMS signals. There is also the gold account. This needs a deposit of $2000, and the signup bonus is 80%. You get a profit of 2% as well as weekly training, three different trading strategy training sessions and 4 SMS signals.

The Platinum account is for the more high-roller traders out there. It asks for an initial deposit of over $15,000, and has 100% as a signup bonus. Profits of 4% can be earned as well. There are unlimited financial training sessions, live SMS signals and five different trading strategies. The VIP account is pretty much the same, although there are many bonus perks for the initial $50,000 deposit.

Security and Licensing

OptionFair is one of the few brokers out there that is licensed by CySEC. This makes it very well-regulated and ensures that it keeps your financial and personal data safe and secure.

Trading Platform

This broker makes use of the TechFinancials trading platform. This is one of the favorites in the industry. It is known for being simple, secure and easy to learn. Even the most clueless beginner will be able to experience the platform in its entirety without many problems. As a trader on this platform, you gain access to a range of different trading assets. These include indices, commodities, stocks and currency.

The customer service offered by this broker is also excellent. There is multilingual service available with live chat and a UK based phone number for support. Languages like Russian, Arabic and French are all supported on customer support. For the main platform and trading software, German, Swedish and Japanese are also available as languages. There are many different types of options available as well such as high/low, one touch, boundary, touch options and high yield with expiry times of 30 seconds to months.

Deposits and Withdrawals

The deposit and withdrawals for this broker can be done via MoneyGram, Western Union, Neteller, WebMoney, Cash U, bank transfers and credit cards.

Overall, OptionFair is one of the best out there. We love using it and working with the many different bonuses, experts and support options included in it. Check it out if you are looking for a broker!


Page Updated: September 8, 2016

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