Optionfair

Optionfair are one of the new generation of binary options brokers having commenced operations in 2010. This broker has made quite a bit of noise in the industry and so we set out to review them ourselves to see what all the noise was about and to see how Optionfair would measure up compared to our recommended binary options brokers.

Optionfair Review

Software

The trading platform used by Optionfair is proprietory software and this is reflected in the overall quality of the trading room. Although the layout of the options did take a little time to get used to it is very easy to see and pick the trade that you would like to place. We encountered no technical difficulties placing any trades.

Languages

The Optionfair website is available in 7 languages including spanish, italian, arabic, german, french, turkish and english.

Types of Options and Returns

Optionfair offers Hi/Low, One Touch and Boundary Binary Options with returns of up to 81% if your option expires in the money. Expiry times offered including intraday, end of day and en of week.

Assets Available to Trade

At Optionfair you can trade on over 40 assets including the most common currency pairs, indices and commodities and stocks from markets around the world.

Deposit and Withdrawal Methods

You can deposit and make a withdrawal at Optionfair using a wide range of methods including ;

  • Credit / Debit card withdrawal
  • Check by mail
  • Wire Transfer
  • Money Bookers
  • Moneygram
  • Liberty Reserve

Conclusion

Optionfair seem serious about becoming one of the better Binary Options Brokers . Support in English (We did not test the other languages) was very good and  the company representative we spoke to personally on several occasions was friendly, informed and happy to answer our questions, There are a wide range of assets on offer and its great to see three different types of options being able to be traded. We also received our withdrawal in 5 days which whilst not as fast as Anyoption is certainly acceptable.

Having concluded our  tests of Optionfair we have come to the conclusion that this broker deserves to be listed  on our site. Optionfair definitely has something to offer traders including a solid trading platform and a standard 30% Deposit bonus which you will receive automatically on your first deposit. (If you do not like receiving this bonus simply contact support before trading and ask them not to credit it to you).

Special Note – Optionfair does not accept traders from the USA.