OptionFair Broker Review -OUT OF BUSINESS-
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)
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OPTION FAIR REVIEW CONCLUSIONS |
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OPTION FAIR PROS |
OPTION FAIR CONS |
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√ 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
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□ OptionFair Review
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