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OptionFair

Although considered as one of the first trading platforms to introduce binary options trading, OptionFair review has been generally mixed. Some of the financial experts are of the opinion that OptionFair is an ideal choice for young traders who are trying to grab hold of the trading concept because it is easier to understand and has a large diversity of asset options to understand trading. On the other hand, there are other OptionFair review that states that it is more like a big scam that has been colored and decorated with attractive bonuses and monetary benefits to allure the naïve traders. Here is a general overview of the trading platform, its efficiencies and weaknesses.

User Friendliness
The OptionFair trading states that the interface of the platform takes only a couple of minutes to understand. There are no complicated terminologies used that might confuse a first time trader. Help and FAQ tabs are presents right at the top corner to get the customers started as soon as they open the web page. This also means that there is no application that needs to be downloaded for the platform; however, you may have to change the interface according to your own preferences, which is possible only when you totally understand the trading concepts.

Payments & Bonus
All payments for the account have to be made through credit card while the profits over and above the initial amount can only be collected through PayPal. A good thing is that no fee is charged for the initial deposit and bonuses are given out frequently on the amount in the OptionFair account. In general, on a deposit of 400 dollars, you can get a cash bonus up to dollars 125; however, it depends on the account activity.

Assistance
A positive aspect mentioned OptionFair review is that it has an excellent customer support center. The financial analysts of OptionFairs are available online 24 hours a day, 7 days a week. You can chat with them, email them or can even call them according to your ease. In addition to this, there is financial Newsfeed is updated continuously for the traders to know what is going on in the market. Another tab mentioning the percentage of the split between call and put option is also there for the assistance of the traders.

Commission & Fees
No commission is charged for the purchases and there is no transaction fees charged by OptionFairs for the payments made.

Complaints & Weaknesses
Although it is mentioned that the withdrawal payments take a week to process, yet most of the OptionFair review state that people have faced difficulty in receiving their payments. Sometimes the delay is as long as two months. In addition to this, there have been some complaints about the delay in order by 2 to 3 seconds; this delay however, is deliberate since it takes some time for the expiry of the put or call option.
Overall, OptionFair can be considered as a good option for both experienced and new traders.

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