Option Fair is probably one of the most visible BO trading platforms on the web. Binary options trading has become one of the most popular methods for making investments and can allow investors to make huge profits based on the direction of prices of the underlying stock, currency or indices. If you are searching the internet for viable BO trading platforms, then you are likely to land on Option Fair. This Option Fair review will show you some of the major features of this popular binary trading platform.
Is Option Fair User friendly
The site has an excellent user-friendly design that you can navigate easily to find lots of information. The clean design and interface means you can easily find the necessary binary trading resources. This streamlined design will save you lots of time if you are new to the website and looking for fresh information.
Some of the user friendly features include pages on options trading, banking, assets, and even a demo page where you can learn more about BO trading. The home page also includes ready information on the various binary options such as S&P500, NASDAQ, Dow Jones, Gold, Silver and many more. The FAQs are short and straight to the point and can help you grasp the options trading relatively quickly.
Assets & Expiry Times
There are over 60 assets on the Option Fair that you can choose to invest in. These assets include 4 that are commodity based, 11 that are currency pairs, 22 stocks and 23 assets that are index based. This means that there is a massive range of assets that you can choose to work with and you are not limited on your options. The expiry times of assets can be hourly, daily, weekly and monthly.
Option Fair Commissions
The good thing with the Option Fair trading platform is that you will not be charged any commissions for purchasing the options. The first withdrawal that you make will be free although subsequent withdrawals will cost you $25.
Pros of Option Fair
- Free demo account before you commit
- 37 assets available
- $250 minimum deposit
Cons of Option Fair
- Not for US residents
Customer Service
The Option Fair binary options trading platform has an excellent customer support and you can get in touch via phone and email. There is a dedicated customer service team that can handle most of your queries and the customer care offered is among the most responsive binary options trading platforms on the web.
Return rates
Option Fair has one of the highest return rates in the industry and you can earn returns of as high as 71% when you are in the money. You will also get 15% of your investments if you are out of the money which is not bad given that many binary options trading platforms will offer you almost nothing when you are out of the money.
Deposit Options
The platform offers very flexible deposit options and you can make deposits using a variety of methods including credit card, wire transfer, cashU, and echecks. There are lots of other options that you can use to make deposits on the platform and you can learn about these by checking the anyoption.com website.