Selecting between the various on line brokers out there for binary options can be tough. To help with making the right choice, we have done Optionfair review and examine a few important categories as well as factors which make - or break - an on line broker.
Overview
OptionFair is an internet based broker that seems same as various other common on-line brokers, with a similar interface. The platform OptionFair was created to offer the excellent interface for on-line trading in binary option, and offers a full array of financial instruments.
OptionFair offers the following advantages:
- Performance upto 85% in a flash with all the hazards as well as benefits quantified before investing.
- Freedom: optionFair allows clients the independence to close positions before the due date, whether the trade is in profit or not.
- Experience in Online binary options trading by means of a pleasant appealing graphics with a wide selection of features to ensure the best quality of service.
Creating an Account
You do not need to deposit anything to sign up an account. However, the minimum deposit for trading is $100, or the equivalent in whatever currency you deposit.
Unique Features
OptionFair., as mentioned above, features three types of options. High/low is your typical above/below setup, where you gain if the asset goes up (or drops) before expiry. Barrier pays out more but is riskier, because you have got to have the asset close below or above a certain price before expiry.
OneTouch, as available on other internet sites, is the most intriguing as the asset price merely has to get to a certain level once during the agreement term. It does not matter where the asset is before expiry.
This broker even offers an added bonus in the form of a 30% addition to any first-time deposit above $100.
Payouts as well as Commissions
Perhaps the main selling point of OptionFair is its payout. OptionFair advertises one among the highest - if not the highest - payouts in the business, at eighty-five percent of your investment. OptionFair also provides a 10% refund on losses.
As with various other websites, OptionFair does not have commissions on trades. Rather, they charge $30 for wire transfers as well as credit/debit card withdrawals after the first withdrawal every month.
Conclusions
The lack of real-time financial info - as well as the relatively-few assets being traded - are both disadvantages for this internet site. However, the payout is good, as is the user interface, which - as far as trading is related - is smooth and simple to utilize. OptionFair.com is a good choice for anyone willing to look around and locate the perfect broker for them.
Optionfair review as well as other common binary options trading platform reviews available to help you make right decision.
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