{"id":3915,"date":"2020-04-10T04:29:55","date_gmt":"2020-04-10T04:29:55","guid":{"rendered":"https:\/\/trade-malaysia-option.com\/optionfair-2\/"},"modified":"2023-02-02T16:15:18","modified_gmt":"2023-02-02T16:15:18","slug":"optionfair-2","status":"publish","type":"post","link":"https:\/\/trade-malaysia-option.com\/en\/optionfair-2\/","title":{"rendered":"OptionFair"},"content":{"rendered":"<p><span>OptionFair has stopped trading.\u00a0The firm is no longer accepting new accounts.<\/span><\/p>\n<p><span>OptionFair became unique in the world of binary options brokers in early 2015 when they became a publicly listed company.\u00a0Their sister firm, TechFinancials Group, is now listed on the London Stock Exchange&#8217;s AIM market and OptionFair sits under the same umbrella.\u00a0This is very important for UK traders, as it means that operations \u2013 particularly funding \u2013 are completely transparent, and regularly published to the City.\u00a0This, together with CySec regulations and MiFID compliance, makes OptionFair one of the most trusted binary brands in the UK.<\/span><\/p>\n<p><span>In addition, the OptionFair service has been designed with the following trader goals and values \u200b\u200bin mind:<\/span><\/p>\n<ul>\n<li><span>High Payouts : Huge returns of up to 91% are possible in certain markets.<\/span><\/li>\n<li><span>60-second expedition : Offers traders the opportunity to make profits quickly with options that expire in just one minute.<\/span><\/li>\n<li><span>Fairness and Transparency : Traders can choose either a single option to ensure secure exchanges in pricing without spreads, fees or commissions.<\/span><\/li>\n<li><span>Trade Options : Traders are given the option to close the trade before the end of the agreed period to limit risk or lock in profits.<\/span><\/li>\n<li><span>Pleasant trading : A clear and intuitive platform creates a comfortable trading experience.<\/span><\/li>\n<li><span>Released, segregated funds : Merchant account funds are in a segregated account that is separated from the business itself.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><a href=\"https:\/\/iqoption.com\/lp\/mobile-partner\/ru\/?aff=12245&amp;afftrack=&amp;clickid=\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/iqoption.png\" alt=\"\" width=\"300\" height=\"72\" \/><\/a><\/h2>\n<p>&nbsp;<\/p>\n<p><span>As the purpose above illustrates, the firm aims to ensure that traders can trade &#8220;safely, and profitably from trading various assets&#8221;.\u00a0They focus on fairness, transparency, choice and a fun merchant experience.<\/span><\/p>\n<p><span>Here are some other key details about OptionFair;<\/span><\/p>\n<ul>\n<li><span>Demo Account \u2013 No<\/span><\/li>\n<li><span>Minimum Deposit \u2013 \u00a3250<\/span><\/li>\n<li><span>Minimum trade \u2013 \u00a325<\/span><\/li>\n<li><span>Signal service \u2013 Yes<\/span><\/li>\n<li><span>Bonus Details \u2013 Between 30% &amp; 100%.\u00a0Or 5 risk free trades.<\/span><\/li>\n<li><span>Mobile App \u2013 Yes.\u00a0Android and iOS devices are covered.<\/span><\/li>\n<\/ul>\n<h2 id=\"trading-platform\" data-fontsize=\"39\" data-lineheight=\"39\"><span>Trading Platform<\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-2721 size-full\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/3-5-2019-8-42-57-pm.png\" alt=\"\" width=\"750\" height=\"422\" srcset=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/3-5-2019-8-42-57-pm-200x113.png 200w, https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/3-5-2019-8-42-57-pm-300x169.png 300w, https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/3-5-2019-8-42-57-pm-400x225.png 400w, https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/3-5-2019-8-42-57-pm-600x338.png 600w, https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/3-5-2019-8-42-57-pm.png 750w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><span>OptionFair offers a bespoke platform (written by TechFinancial) that is fast and easy to use.\u00a0It offers an easy route for any trade.\u00a0The layout is unique, but works well.\u00a0Certain elements are also configurable.<\/span><\/p>\n<p><span>The trader&#8217;s first choice is the type of trade.\u00a0These are listed on the\u00a0\u00a0<\/span><em><span>left<\/span><\/em><span>\u00a0side of \u00a0the trading platform, in a simple tab style menu \u2013 the selected option is brought to the forefront.\u00a0Below are any more trading options \u2013 for example, the &#8216;\u00a0\u00a0<\/span><em><span>High \/ Low<\/span><\/em><span>\u00a0\u00a0&#8216; option offers a traditional high \/ low, but also an above \/ below option for larger payouts.<\/span><\/p>\n<p><span>The asset filter is then the next option to be made \u2013 the list below will default to the most popular trades, but can be filtered by asset category, for example stocks, currencies, commodities or indices.\u00a0The list will update automatically, and default to the next expiration time.\u00a0Any of these assets can be selected, and when selected, the information displayed on the right side of the trading area will be updated with the current information for that asset.\u00a0The timeout can be selected and amended as required and is accompanied by a &#8216;countdown&#8217; when the approach expires.<\/span><\/p>\n<p><span>The middle and right part of the trading area is dedicated to trading buttons, asset price graphs, and trading information areas.\u00a0The trading area describes and explains the terms of any potential trade.\u00a0So the &#8216;High&#8217; or &#8216;Low&#8217; button is central, with the strike price between the two.\u00a0(This layout may change phrasing depending on the type of option selected).<\/span><\/p>\n<p><span>Amounts and payouts are listed to the right of the trade button only.\u00a0Potential payouts will be entered automatically when field totals are completed.\u00a0There is also an indicator of whether the trade will be &#8216;easy&#8217; once opened.\u00a0On the right is a graph of asset prices.\u00a0This can be expanded if needed (via the small graphics icon, at the top right of the graphics area).\u00a0There is also\u00a0\u00a0<\/span><em><span>a trader&#8217;s option<\/span><\/em><span>\u00a0bar \u00a0that shows the current sentiment on that particular asset.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><a href=\"https:\/\/iqoption.com\/lp\/mobile-partner\/ru\/?aff=12245&amp;afftrack=&amp;clickid=\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/iqoption.png\" alt=\"\" width=\"300\" height=\"72\" \/><\/a><\/h2>\n<p>&nbsp;<\/p>\n<p><span>Below the graph is the\u00a0\u00a0<\/span><em><span>trading<\/span><\/em><span>\u00a0area \u00a0.\u00a0This will list all open trades, and track their performance.\u00a0From here, it is also possible to edit trades, using OptionFair features, such as the &#8216;\u00a0\u00a0<\/span><em><span>Early closing<\/span><\/em><span>\u00a0&#8216; price \u00a0or the latest tournament standings.<\/span><\/p>\n<h2 id=\"trader-choice\" data-fontsize=\"39\" data-lineheight=\"39\"><span>Trader&#8217;s Choice<\/span><\/h2>\n<p><span>OptionFair offers four types of trading;<\/span><\/p>\n<ul>\n<li><span>High \/ Low \u2013 Traditional binary options \u2013 does the asset price finish higher or lower at expiration?\u00a0These options also include &#8216;Above \/ Below&#8217; which offer larger payouts but also require larger price movements to settle in the money.\u00a0The &#8216;above&#8217; and &#8216;below&#8217; values \u200b\u200bare set from the strike price, and as the name suggests, the asset price must finish above or below this value to settle in the money.<\/span><\/li>\n<li><span>Short Term \u2013 As &#8216;High \/ Low&#8217; but with a very short expiry time, from 5 minutes to just 30 seconds.<\/span><\/li>\n<li><span>One Touch \u2013 Does the asset price &#8216;touch&#8217; a preset level?\u00a0Either trading side can be selected (Touch or No touch).\u00a0OptionFair also offers a High Yield Touch option, where the preset level is further from the strike price, but has a payout of over 200%.<\/span><\/li>\n<li><span>Limits \u2013 Limit trades have two preset levels, one higher and one lower.\u00a0This binary option is either the price of the asset will finish within (\u00a0\u00a0<\/span><em><span>In<\/span><\/em><span>\u00a0\u00a0) preset levels, or outside them (\u00a0\u00a0<\/span><em><span>Out<\/span><\/em><span>\u00a0\u00a0).<\/span><\/li>\n<\/ul>\n<p><span>The asset list on OptionFair is excellent, with a wide range of the most popular indices, currencies, commodities and stocks.\u00a0Other firms provide a more comprehensive list, but only obscure assets that are not available on OptionFair and this keeps payouts high because the liquidity justifies providing a market for those assets.<\/span><\/p>\n<h2 id=\"optionfair-mobile-app\" data-fontsize=\"39\" data-lineheight=\"39\"><span>OptionFair Mobile App<\/span><\/h2>\n<p><img decoding=\"async\" class=\"alignright wp-image-2991\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/Screenshot-2015-07-23-11.23.23-300x257-1.png\" alt=\"\" width=\"371\" height=\"318\" srcset=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/Screenshot-2015-07-23-11.23.23-300x257-1-200x171.png 200w, https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/Screenshot-2015-07-23-11.23.23-300x257-1.png 300w\" sizes=\"(max-width: 371px) 100vw, 371px\" \/><span>OptionFair delivers a free trading app, compatible for both android (version 4.0 and above) and iOS devices (Now optimized for iPhone 5).\u00a0The app has received positive feedback so far and delivers a great tool for traders who want to stay up to date on their trading on mobile devices.<\/span><\/p>\n<p><span>The trade layout is clear and user-friendly \u2013 \u200b\u200bthe trade buttons are cleverly placed, and the &#8216;scrollable&#8217; amount indicator allows traders to enter trade amounts with a swipe.\u00a0Various types of options are available in the application, such as different types of assets.\u00a0Asset price graphics also work well in mobile layouts.<\/span><\/p>\n<h2 id=\"payout\" data-fontsize=\"39\" data-lineheight=\"39\"><span>Payment<\/span><\/h2>\n<p><span>OptionFair typically offers a maximum return of 81% on options.\u00a0This rate can change depending on the asset and the time of expiry.\u00a0Higher paying options are available, for example\u00a0\u00a0<\/span><em><span>Above \/ Below<\/span><\/em><span>\u00a0\u00a0binary options can pay around 200% to 300% if the asset price moves enough.\u00a0Payouts at OptionFair are generally better than rival brokers.<\/span><\/p>\n<h2 id=\"withdrawal-and-deposit-options\" data-fontsize=\"39\" data-lineheight=\"39\"><span>Withdrawal and deposit options<\/span><\/h2>\n<p><span>An OptionFair account can be opened without requiring a deposit \u2013 but a minimum deposit of \u00a3250 must be paid\u00a0\u00a0<\/span><em><span>before<\/span><\/em><span>\u00a0\u00a0any trades can be placed.<\/span><\/p>\n<p><span>OptionFair offers a variety of deposit options.\u00a0Some have certain deposit limits, so check the details first;<\/span><\/p>\n<ul>\n<li><span>Credit card \u2013 minimum deposit \u00a3250<\/span><\/li>\n<li><span>Wire transfer \u2013 minimum deposit \u00a3500<\/span><\/li>\n<li><span>Western Union &amp; MoneyGram \u2013 minimum deposit \u00a31000<\/span><\/li>\n<li><span>eWallets \u2013 Skrill and Neteller have a minimum deposit of \u00a3250. Other eWallet brands are also taken on OptionFair, including iDeal and WebMoney, as well as some region-specific brands.<\/span><\/li>\n<\/ul>\n<p><span>Maximum deposits are limited to \u00a330,000 per day, and \u00a3150,000 per month.<\/span><\/p>\n<p><span>Withdrawals can be made at any time \u2013 and there is no minimum withdrawal amount.\u00a0One withdrawal per month (every 31 days) is free, however there is a \u00a330 fee for subsequent withdrawals in the same month.\u00a0Wire transfers may also incur charges due to banking costs.<\/span><\/p>\n<p><span>Withdrawals are usually processed within 5 days by OptionFair.\u00a0The bank may require further processing time.\u00a0This is not the fastest production recovery in the sector, and something OptionFair can work on.\u00a0Withdrawals still in &#8216;pending&#8217; status can be canceled \u2013 funds are immediately returned to the trading account.\u00a0Merchants can ensure that withdrawals are not delayed longer than necessary by ensuring that the verification step has been completed.<\/span><\/p>\n<h2 id=\"other-features\" data-fontsize=\"39\" data-lineheight=\"39\"><span>Other features<\/span><\/h2>\n<p><span>OptionFair offers its customers the following additional features and benefits:<\/span><\/p>\n<ul>\n<li><span>Elite traders club \u2013 Enjoy cash rebates on trades of up to 1.5%, plus other membership benefits including the Elie Traders Club Card.<\/span><\/li>\n<li><span>Fair Signals \u2013 Receive alerts on the most profitable trades.<\/span><\/li>\n<li><span>Standard, Silver, Gold, Platinum and VIP account types \u2013 Offer different levels of profitability, including reduced fees, increased payouts of up to 5% and greater access to educational resources.\u00a0Entry into each account type only requires a larger initial deposit \u2013 no fees.<\/span><\/li>\n<li><span>Extensive educational materials<\/span><\/li>\n<li><span>Tournament \u2013 \u200b\u200bWin monthly monthly prizes just by trading.\u00a0Weekly prizes totaling over $100,000 are awarded every month.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><a href=\"https:\/\/iqoption.com\/lp\/mobile-partner\/ru\/?aff=12245&amp;afftrack=&amp;clickid=\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/iqoption.png\" alt=\"\" width=\"300\" height=\"72\" \/><\/a><\/h2>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OptionFair has stopped trading.\u00a0The firm is no longer accepting new accounts. OptionFair became unique in the world of binary options brokers in early 2015 when they became a publicly listed company.\u00a0Their sister firm, TechFinancials Group, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[],"class_list":["post-3915","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pilihan-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/3915"}],"collection":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/comments?post=3915"}],"version-history":[{"count":2,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/3915\/revisions"}],"predecessor-version":[{"id":3917,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/3915\/revisions\/3917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media\/3777"}],"wp:attachment":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media?parent=3915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/categories?post=3915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/tags?post=3915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}