There are several things that you should know before you decide to become a trader on the Optionfair platform. Firstly and most importantly this broker has been registered by CySec as of 2010. This license from the Cyprus Commission for Financial Markets, CySec, confirms its reliability and safety and security for all transactions. The activity of the broker is strictly controlled by its team of professional financiers, who are experts in the online market for binary options trading.
Secondly you may also enjoy the fact that the company is constantly striving to improve its service by making changes to the trading platform and adding additional opportunities for clients.
Before working with Optionfair, try to find a little time to learn the types of trade accounts that they have on offer. This broker has five of them. Each has a different range of available add-ons and has its own features and benefits.
For our trading during the review process we used the very basic “Standard” account. We deposited $300 and received a bonus of 20%. In addition the company offered us an e-book and a personalized session with a financial expert for more successful trading.
If this set seems a bit weak for you, try the “Silver” account. It offers more opportunities in the form of a daily market review, two sms-notifications in real-time, a monthly consultation with a financial expert, as well as a specially developed strategy. The provided bonus when choosing this type of account is set at 40%.
Are you planning to deposit $ 2,000 to $ 50,000 and receive up to 100% bonuses? If so, you should consider the “Gold”, “Platinum” and “VIP” accounts.
Currently, customers of Optionfair can trade using four types of options. The maximum payout depends on the selected option. For example, “Higher / Lower” options can be used to trade in all the basic assets on the platform. This type of option allows you to earn up to 85% in the case of a correct prediction, even with the difference of one point on the price at the time of purchase.
The most profitable option here is the “One-Touch”, which gives you the opportunity to receive up to 350%. However, to trade profitably with this tool, you should carry out a closer analysis of the market situation and not take spontaneous decisions regardless of any offered bonuses or incentivized payouts.
Optionfair provides the option of trading against up to 72 assets, including a wide range of currency pairs, indices, stocks and commodities. Widely traded currency pairs, such as EUR / USD, and their more “exotic” neighbor pairs like AUD / JPY are always popular choices. Here you can find the stocks of well-known top-end companies such as Google and Apple, as well as the shares of actively developing organizations from different countries. Basic raw materials include gold, silver, wheat, and many others. We can conclude that a sufficiently wide range of assets allows you to choose the right tool and to trade at any time with a high percentage of profits and possibilities.
Deposit and withdrawals
When working with Optionfair we did not have any problems with deposits and withdrawals across a range of methods. The site offers a wide range of tools for this function and includes credit cards, bank wire transfers, Skrill, CashU, iDeal, Webmoney and others. There are no limits on the minimum withdrawal of funds. In addition Optionfair provides traders with one transaction per month without paying additional fees. If you have more than one withdrawals transaction per month then a standard fee of USD 30 will be charged to the trading account.
For more information about the withdrawal of funds you can find it on the account information section of their website. Keep in mind that the withdrawal could lead to the cancellation of bonuses and promotional conditions that were not used before the registration of the withdrawal.
Pay attention to the need for timely verification of any trading account and the accounts that you plan to use in transactions. Otherwise, a trading account may be frozen as per the regulations.
Customer support on the site of Optionfair has been implemented on a professional level. Seven days a week and 24 hours a day, the company’s specialists are in communication with traders and potential new clients. Then can be contacted via telephone, interactive chat, and email. Support is multilingual and includes English, French, German, Spanish, Italian, Portuguese, Arabic and Russian.
If you have any questions about how to trade on the platform their experts can answer them, and advise you on how to get acquainted with selected materials available at the educational center. Our advice is to take their advice into account. It may allow you quickly achieve success in trading.
Due to the different types of options, trading with Optionfair becomes easy for traders with different preferences and styles. It is possible to find both technical and fundamental analysis, the use of indicators, trading systems and strategies. It is also possible to trade on the economic news and experiment with new features and offerings such as FairSignals. Traders focused on long-term involvement in the market and aimed at obtaining new knowledge and skills in the trade will likely benefit most from cooperation with Optionfair.