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OptionFair Comparison

Comparison With Other Brands
A first-time glance at the optionFair website, one would notice the simplicity of which it is designed. In fact, you will not be treated by a cacophony of colors reminiscent of the relatively young trading sites that have emerged in the online financial market today. Monochromatic colors that add to the uncomplicated presentation of tabs and concepts are fashioned in a manner that is welcoming even to the most skeptics of traders, inviting them to take advantage of the site’s user-friendly interface.

Optionfair has been a constant force in the binary options trading industry since it was regulated in 2010. With operations based in Cyprus and headquarters in the British Virgin Islands, it has the distinction of being recognized by the US Securities and Exchange Commission. Reaching out to global clientele, the site is featured in thirteen (13) foreign languages and has phone support for Arabic, English, French, Italian and Spanish speakers. Live chat is always at a standby from trained representatives who give immediate feedback to your queries.

This trading platform is held with high regard among the websites occupying the same niche, recognized as the fastest growing broker since it was launched in the binary options trading world. One advantage it offers is that investors may receive up to 85% returns from an exclusive range of assets, depending on the trade type. Even for a trade that did not materialize according to your price speculation, the average return is 0-15%. The only downside worth noting is that, there is a limited variety of underlying assets that traders can choose from. The expiry times for binary contracts at Optionfair ranges from the 60-second option, to a couple of days, which are mostly shorter expiries.

With a variety of funding methods, Optionfair offers deposits and withdrawals through the following means: Major Credit Cards, Liberty Reserve, MoneyBookers, MoneyGram, Western Union and via Wire Transfer. There is only a 36-hour withdrawal wait for VIP customers, as well as a reasonable fee for succeeding withdrawals, with the very first one for free.

Here is the summary of the underlying assets offered by optionFair:

Assets at optionFair Commodities Gold, Oil, Silver
Currency EUR/USD EUR/GBP EUR/JPY AUD/USD EUR/CHF CAD/JPY GBP/USD GBP/JPY USD/JPY USD/CAD USD/CH EUR/NOK USD/NOK EUR/TRY USD/TRY EUR/CAD
Indices ASX-200 , CAC-40 ,DAX-30 , Dow Jones-30 , FTSE-100, Hang Seng, IBEX-35 , Nasdaq-100, NIFTY (Singapore), Nikkei-225 , SMI and S&P-500
Stocks Apple Inc, Barclays PLC , British Petroleum PLC (BP) , Google Inc, France Telecom, Societte General, SONY, Sumitomo

The following are important details about the leading binary options brokers in the market to date:


Binary Broker

Minimum Deposit

Account Currency

Clientele

Regulation

Demo Account

Minimum Trade Size

Maximum Trade Size

In the Money Returns

Out of the Money Returns
optionFair $250 USD
EUR
GBP
JPY
Does not accept US clients Yes Yes S25 $5,000
(higher on request)
65-85% 0-15%

Anyoption
$100 USD
EUR
GBPEUR
GBP
Accepts US clients Yes No S25 Variable 65-71% 15%
24option $250 USD
EUR GBP
JPY
Accepts US clients Yes Yes
(make a minimum deposit first)
$24 $15,000 Up to 89%

TopOption
$100 USD
EUR
GBP
Does not accept US clients Yes No $25 $500
up to $50,000
Up To 85% Sell back option is available
iOption $200 USD
EUR
Does not accept US clients No Yes $10 $3,000 Up To 85% Sell back option is available
TradeRush $200 USD
EUR
Accepts US clients Yes Yes $5/$10 $5,000 65-81% Sell back option is available
and
0-15%
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