Optionfair Minimum Deposit – What is the lowest amount

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
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  • Binomo
    Binomo

    2nd in our ranking!

OptionFair

OptionFair ceased trading in February 2020

OptionFair is the binary options service of Finopex Group. They welcome traders from all over the world except the United States. OptionFair has the distinction of being one of the first to introduce a mobile version of the binary trading platform, allowing users to trade on their smartphones.

Trading Platform

Bonuses and Promotions

Account opening bonuses are awarded to first-time traders on their platform. Periodic promotions are held as well. The amounts given out in bonuses vary and are arranged for each customer by the account officers.

Account Information

Account opening balance typically starts from $200, but traders can actually start trading with as little as $100 in their accounts. OptionFair augments this with a generous bonus of 10-30%. Minimum trade amount is $10, and traders can operate accounts in US Dollars and Euros. Account opening is an online affair, after which traders are required to send supporting documents to Optionfair.com.

Trading Requirements

OptionFair has a vast array of electronic funding and withdrawal options such as Liberty Reserve, UKash, CashU, Skrill, credit/debit cards from almost every major card processing company you can think of.

OptionFair has the distinction of having developed advanced pricing algorithms that allow some of the most competitive pricing in binary options, and permits traders to trade on both sides of the asset. If you call them the equivalent of ECN brokers in forex, you would not be wrong. The range of assets that can be traded is unparalleled. Traders can make as much as 85% on every trade.

Platforms Featured and Markets Offered

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

The trading platform is a web-based platform that is easy to use and has been simplified for even novices to use without difficulty. One feature of this platform is the availability of an interactive chart for every asset listed for trading. As mentioned earlier, a mobile trading platform for use on smartphones exists, taking away the restrictions of trading with a PC. Assets traded are as follows:

1) Currencies: EURUSD, USDCHF, USDJPY, AUDUSD, GBPUSD and the Yen crosses.

2) Stocks: Telefonica SA, Lloyds, Vodafone, Apple, Google, BP, Barclays

3) Commodities: gold and silver.

4) Stock index futures such as the IBEX, DJ30, NASDAQ100, FTSE100 and Xetra Dax.

The asset index is a lot broader than what has been listed above. A more comprehensive list is available when traders open accounts. Traders can trade the following types on the web-based trading platform.

b) Touch/No Touch Options:

c) Boundary Options: Traders are able to trade the In/Out options with OptionFair.

Traders also have the option of using the option builder to choose the assets that they can trade.

Customer Service

OptionFair has a customer support that is way ahead of its peers. Users to the support section are initially presented with a Frequently Asked Questions section, which addresses basic questions about binary options and their services. At the next level, traders can contact the multi-lingual support team via phone, email, or live chat. The customer support is very robust.

Is Option Fair a Scam?

OptionFair is a binary options trading brokerage registered in the British Virgin Islands and operates out of Cyprus. The brokerage, one of the finest in the industry, came into existence in 2020 and is said to be managed by a group of highly experienced professionals from the financial industry. They are regulated by the prominent regulatory body in the binary options industry, the Cyprus Securities and Exchange Commission. OptionFair has involved itself in a number of innovations since 2020 and has been successful in diversifying their product portfolio. In addition to this, they offer several different secure options to safeguard your transactions.

Final Word

It is an arguable fact that OptionFair ranks among the best three binary options brokers in the world. Their competitive pricing structure, payout system, wide array of funding and withdrawal options and robust customer support make them one of the most sought-after brokers. Most reviews you will get from traders who have used this service are positive. Until date, there have been no reports of traders encountering some of the problems that are commonplace with certain brokers. This is a good broker to trade binary options with.

Low Minimum Deposit Binary Option Brokers

A low minimum deposit binary options platform is a great pick for new traders just starting out and not willing to risk a large amount of cash. Here is a list of the brokers with the lowest minimum deposit requirements 2020.

Low Minimum Deposit Brokers

Broker Regulated Min Deposit Payouts Bonus
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Traders that are new to binary options and want to try trading without depositing large sums, have a great way to get started by signing up with a broker with low deposit requirements. As more and more firms realise what a barrier the minimum deposit requirement represents to some traders, we believe there will be a growing number of options for new traders.

OptionFair Broker Review

�� Demo Account:
⚖ Allows Hedging:
�� Allows Scalping:
�� Headquarters: Virgin Islands, British
�� Founded:
�� Trading Platform(s): Tech Financials
�� Regulating Authority(s):
�� Minimum Deposit: 200
�� Maximum Leverage:

Visit OptionFair
Risk Warning: Your capital may be at risk

Our Review of OptionFair

Company Overview

OptionFair is well known in the online trading world as it is one of the leading brokers on the scene. This broker primarily offers binary options trading, and specialises in trading and market news on a real time basis. OptionFair offers some of the largest returns on the market: no less than 91%.

Account Types + Opening

There are five different accounts in OptionFair. The Standard account, for example, is designed for beginners. Other accounts, such as the Gold and Silver accounts are tailored towards more experienced traders who want to be able to trade with larger sums. Opening an account on the OptionFair site is quick and simple – all that is necessary is filling in an online form. Documents will need to be uploaded at a later stage, however, in order to confirm their identity before they can make withdrawals.

Promotions, Sign Up + Deposit Bonuses

The bonuses that you get with your OptionFair account will depend on the account type that you have. However, the maximum bonus that you can get is 100%. Bonuses are given on your first deposit.

Commissions and Fees

The charges that are demanded of traders by OptionFair will differ depending on what type of account the trader has. Though this broker states that they do not take fees or commissions, what they do do is charge traders for making a given trade.

Trading Platform Review & Mobile Apps

OptionFair prides itself on offering mobile trading, both with an app and with a mobile version of its site. The OptionFair website itself is easy to use and to navigate.

Deposits & Withdrawal Methods + Ease

Minimum deposit amounts vary from account type to account type. The smallest minimum deposit amount is associated with the Standard account and it is $250. The Silver account, by contrast, has a minimum deposit of $500. Deposits and withdrawals can be done by bank transfer or by card payment and they are usually nice and smooth and hassle free with this broker.

Regulators & Safety: Are they a reliable, legitimate broker or a scam?

OptionFair is a regulated binary options trading platform. It is licensed by CySEC. In addition, it has built up a good reputation among traders and is transparent about its regulation and licensing information; OptionFair is almost certainly not a scam!

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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