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OptionFair (Out-of-Business)

OptionFair Broker Review  -OUT OF BUSINESS-

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OPTION FAIR GENERAL INFORMATION

Foundation: OptionFair was founded in 2010

OptionFair Offices: OptionFair has offices in the British Virgin Islands and operational offices in Cyprus

US Residents: OptionFair excludes traders from the US –NO-

Languages: The OptionFair website supports 12 Languages: English, Spanish, French, German, Arabic, Italian, Turkish, Japanese, Swedish, Finnish, Danish, and Norwegian.

Demo Account: Yes

Bonus: Up to 30%

OPTION FAIR PAYOUT / REFUND RATE

■ OptionFair Payout is 70-85%

■ OptionFair Refund is 0-15%

 

OPTION FAIR TRADING PLATFORM

OptionFair is providing a very easy-to-use Trading Platform that offers speed, easy navigation, and innovation.

■ OneTouch Trading Feature & Boundary Trading Feature

■ 60-second trades

■ Also Early Closure & Roll Over Functions

OPTION FAIR MOBILE TRADING

OptionFair supports iPhone and Android mobile devices.

OPTION FAIR TRADING INSTRUMENTS

OptionFair is providing several instruments for options trading:

■ Low / High Binary Options

■ No Touch / Touch Binary Options

■ Out / In Boundary Binary Options

 

Binary Options Expirations:

■ From 15 min to 1 week

ACCOUNT INFORMATION

ACCOUNT TYPES

■ Standard Account

With a minimum deposit amount of $250, a standard account can provide Payouts up to 85% for binary options expiring in the money.

■ VIP Account

Standard account Customers may apply for a VIP account, where the Payout Rates are higher for binary options expiring in the money.

■ Problems can be solved using the email: This email address is being protected from spambots. You need JavaScript enabled to view it.

OPTION FAIR DEPOSITS

■ The minimum deposit in OptionFair is 200 USD / EUR / GBP

■ The minimum deposit for wire transfers is 500 EUR/ USD

■ The minimum deposit using Western Union or MoneyGram is 1500 EUR / USD

■ Deposit in OptionFair can be made using USD, EUR, JPY, or British Sterling

 

OptionFair Broker Deposit Methods:

■ Credit and Debit Cards

■ Wire Transfer

■ Western Union

■ LibertyReserve

■ MoneyGram

■ MoneyBookers

OPTION FAIR WITHDRAWALS

■ The minimum withdrawal at OptionFair is 100 EUR, USD, or GBP

The first withdrawal each month is fre,e then it is charged 30 EUR / USD per turn

 

Withdrawal Methods in Option Fair:

■ Credit Card

■ Wire

■ Western Union

■ LibertyReserve

■ MoneyGram

■ MoneyBookers

BONUS & DEMO ACCOUNTS

■ A Demo Account is available at OptionFair -YES-

Bonus for new Deposits is up to 30%

■ If you make a minimum deposit of $1,000 at OptionFair, you get 10 free trades (maximum the value of your deposit.

■ OptionFair offers a special promotion if you have an account and you invite a friend –You get $50 bonus and he gets $25 bonus (valid for up to five friends)

OPTION FAIR NEW ACCOUNT DOCUMENTATION

OptionFair broker will demand the following documentation for customer verification:

■ Photocopy of passport / national ID

■ Valid utility bill

■ If a Credit Card is used, then a photocopy of both sides (displaying the 4 digits and expiry date).

CONTACT INFORMATION

Company: Mika Holdings Inc

■ Headquarters: British Virgin Islands

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

■ Operations Center in Cyprus

Address: Limassol City House, 6 Karaiskakis Str. CY-3032 Limassol

Telephone: +357 25 503 232

Fax: +357 25 503 001

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

■ Multilingual Telephonic Support:

-English +44 203 5190373

-Spanish +34 911 895174

-Italian +39 069 9366523

-French +33 975 180047

-Arabic +44 203 5191573

-Japanese+81 3 4579 5540

⚖️ OPTION FAIR PROS AND CONS

(Compared to Competition)

OPTION FAIR REVIEW CONCLUSIONS

OPTION FAIR PROS

OPTION FAIR CONS

√ Secure trading environment for beginners and professional traders

√ Easy-to-use and navigate trading platform

√ Hi-tech charting options.

√ OneTouch Trading & Boundary Trading

√ 24/7 support, also Phone and Live Chat

 

X Binary Options are very high-risk financial instruments

X Offering a very narrow range of Financial Assets, which is a significant disadvantage when trading with OptionFair

 

 

 

OptionFair Review

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