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Compare HY Options vs. OptionFair

Choosing the right binary option trading srevice for your company is difficult with a lot of features, options, and terms to take note of. But, relying on our review directory will help you to streamline the necessary steps by reading all major brokers in a single location. As an illustration, you can contrast HY Options and OptionFair for their tools and overall scores, namely, 8.0 and 8.1, respectively. Likewise, you can see which provider has better general user satisfaction rating: 96% (HY Options) and 71% (OptionFair) to determine which solution is the better choice. Don’t simply start using the solution with the lowest minimum deposit, but the solution that offers the best value.

Compare

HY Options

VS

OptionFair

VS

Our Score

Our Score

8.0 ?

Our Score

8.1 ?

Customer Experience

Customer Experience

96% ?

Customer Experience

71% ?

Minimum Deposit

$100

$200

Accepts US Clients

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Complete Review

Description

HY Options offers the SpotOption Gen 2 trading platform which is used by many other brokers. This stands testimony to the platform’s reliability and efficiency. It is easy to use and has an attractive interface. The platform offers good risk management tools that give traders more flexibility to adjust their trades according to the changing situations in the market.

You can use the advanced trading platform to trade binary options such as Up/Down, 60 seconds, and Pairs quickly and easily. You can also make use of platform features such as Settle Now and Roll Over.

The trading platform supported by OptionFair is developed by OptionFair’s sister company called TechFinancials. The platform has been designed with an aim to offer the best interface and tools for binary options trading. The platform itself provides a wide array of financial instruments and assets. The team of TechFinancials has developed a series of complex pricing algorithms, which enables them provide the tech that can power an impressive number of financial instruments. TradeFinancials platform is managed by experts in binary options trading who use their knowledge and experience to make sure you can invest and trade safely and effectively.

Email

info@hyoptions.com customercare@optionfair.com

Platform

Platform type: SpotOption
Platform Languages: English, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes
Platform type: Tech Financials
Platform Languages: English, Spanish, German, French, Chinese, Italian, Turkish, Arabic, Swedish
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Deposit Options

Credit Card, Bank Wire Transfer MoneyGram, Credit Card, Debit Card, Bank Wire Transfer, Western Union, Moneybookers

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Payouts Percentage

82%

85%

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Trading Accounts

HY Options offers three types of trading accounts:

Silver Account

  • Minimum deposit is $100
  • Offers introductory training and an account manager
  • Web/Mobile platforms

Gold Account

  • Minimum deposit is $2500
  • Offers trading reports and signals, market reviews, and advanced training
  • 1 professional account manager is assigned to the account
  • Web/Mobile Platforms

VIP Account

  • Minimum deposit is $10,000
  • Deposit bonus is 50%
  • Includes trading signals, market reviews, and professional training
  • Specialist account manager is assigned to the account
  • Web/Mobile Platforms

OptionFair offers five types of trading accounts:

Standard: Initial deposit is $250, up to 20% bonus

  • Additional profit is 0%
  • Binary Opitons eBook
  • Introductory financial expert session
  • 17 video tutorials
  • Minimum trade amount is 25 $/€/£

Silver: Initial deposit is $500, up to 40% bonus

  • Additional profit is 1%
  • Binary Opitons eBook
  • Daily Overview
  • 1 financial expert session per month
  • 31 video tutorials
  • Minimum trade amount 25 $/€/£

Gold: Initial deposit is $2,000, up to 60% bonus

  • Additional profit is 2%
  • Binary Opitons eBook
  • Daily Overview
  • 2 financial expert session per week
  • 44 video tutorials
  • Minimum trade amount 100 $/€/£

Platinum: Initial deposit is $15,000, up to 80% bonus

  • Additional profit is 4%
  • Binary Opitons eBook
  • Daily Overview
  • Unlimited financial expert sessions
  • 51 video tutorials
  • Minimum trade amount 200 $/€/£

VIP: Initial deposit is $50,000, up to 100% bonus

  • Additional profit is 6%
  • Binary Opitons eBook
  • Daily Overview
  • Unlimited financial expert sessions
  • Unlimited trading strategies
  • 51 video tutorials
  • Minimum trade amount 500 $/€/£

Payout ratios

Maximum return is 82% on the standard options. There is no rebate for losing trades.

Returns can go as high as 85%. You can get a 10% to 15% refund for losing trades.

Located In

Cyprus British Virgin Islands

Comission

No
No

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Chinese, Arabic
Customer Service Hours: HY Options offers 24-hour customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Spanish, French, Italian, Arabic
Customer Service Hours: OptionFair provides a full 24/7 customer service
Place Trades Over the Phone?: No

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Place Trades Over Phone

No
No

Trade Types

HY Options offers six trade types:

  • Pair Options
  • One Touch
  • Long Term
  • Ladder Options
  • Day Options (High/Low)
  • 60 Seconds

OptionFair offers the following trade types:

  • High / Low Instrument: It allows you to decide if the price of an asset will go up or down
  • One Touch Instrument: Here you can choose if the price of an asset will touch a specific target price.
  • Boundary: It lets you choose if a given asset price is going to stay withing a given price range.
  • Short Term: It supports quick 60 second, 2 minute or 5 minute trades available with the with the short term option.

Phone

357 25 245750 0044 203 5190373

Withdrawal Options:

Credit Card, Bank Wire Transfer Credit Card, Bank Wire Transfer, Western Union, Moneybookers
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You don’t want only a wide array of useful tools and adjustable pricing plans from a well-known Binary Options Brokers. Almost as essential as main features is a trustworthy customer support. You want to make sure that when you have any questions about HY Options or OptionFair, or you run into a problem, or maybe you’ll need to request a specific update or feature useful to your company you can trust in a responsive and helpful customer support. Examine whether options such as phone support, tickets or live chat are provided. Additionally, it’s a significant advantage if you are able to enjoy personal training or at the very least an FAQ you can use.