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Software OptionFair vs. BigOption

Getting the best binary option trading srevice for your company is hard with a lot of functions, choices, and terms to choose from. On the other hand, relying on our website will allow you to streamline the selection process by getting all main brokers in one location. For example, you can contrast OptionFair and BigOption for their features and overall scores, namely, 8.1 and 8.0, respectively. Furthermore, you can check which broker has superior general user satisfaction rating: 71% (OptionFair) and 89% (BigOption) to learn which one is the better option. Don’t simply choose the platform with the most attractive minimum deposit, but the one that gives the most cost-effective value.

Software

OptionFair

VS

BigOption

VS

Our Score

Our Score

8.1 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

71% ?

Customer Experience

89% ?

Minimum Deposit

$200

$250

Accepts US Clients

Yes
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Detailed Review

Description

The trading platform supported by OptionFair is developed by OptionFair’s sister company called TechFinancials. The platform has been developed with an aim to offer the optimal interface and tools for binary options trading. The platform itself offers a wide array of financial instruments as well as assets. The team of TechFinancials has created a series of complex pricing algorithms, which enables them provide the technology able to 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.

BigOption adopts the most up-to-date version of the SpotOption powered trading platform. This second generation platform is straightforward to operate and offers versatile trading capabilities such as the “Profollow” mode which enables traders to set their trading parameters to emulate the approaches of winning traders. This useful feature is provided only by the SpotOption powered trading platform.

BigOption also offers support for mobile trading. Traders are able to download the mobile app from Apple AppStore or Google Play. Another feature of BigOption is the Auto Trading robot which makes us of the Faunus Analytics technology and helps traders save time while trading.

Place Trades Over Phone

No
No

Platform

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
Platform type: SpotOption
Platform Languages: English, French, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No

Customer Service

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
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, French, Arabic
Customer Service Hours: BigOption offers a full 24h/7 customer support
Place Trades Over the Phone?: No

Email

customercare@optionfair.com support@bigoption.com

Assets

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

Trading Accounts

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 $/€/£

BigOption offers five different types of trading accounts to suit different categories of traders:

Micro Account:

  • For novice traders with 20% welcome bonus. 
  • Starting deposit is $200-$250
  • Access to Daily Market Reviews
  • Access to BigOption Academy

Basic Account:

  • For more experienced traders with welcome bonus up to 50%.
  • Starting deposit is $501-$2500
  • Access to Daily Market Reviews
  • Access to BigOption Academy
  • 10 Risk Free Trades
  • Personal Account Manager

Gold Account:

  • For semi-professional traders who trade with sophisticated tools.
  • The welcome bonus is up to 75%.
  • Starting deposit is $2501-$10000
  • Exclusive Daily Market Review Email
  • Advanced Guide to Trading
  • 15 Risk-Free Trades
  • Up to 75% Welcome Bonus
  • Personal Account Manager
  • Gold Trading Signals up to 2 weeks (worth $199)
  • Additional bonuses on every deposit
  • Weekly One-on-One session with a trading expert
  • Auto Trading Robot

Platinum Account:

  • For professional traders with high trading volume.
  • Welcome bonus is 100%.
  • Starting deposit is $10001-$50000
  • Exclusive Daily Market Review Email
  • Advanced Guide to Trading
  • 20 Risk-Free Trades
  • Up to 100% Investment Bonus
  • Personal Account Manager
  • Platinum Trading Signals up to 2 months (worth $599)
  • Additional bonuses on every deposit
  • Daily One-on-One session with a trading expert
  • Advanced Auto Trading Robot

VIP Account:

  • For traders with specific trading needs. They can negotiate benefits with the account manager.
  • Starting deposit has to be above $50000
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Phone

0044 203 5190373 +44-203-5193481

Deposit Options

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

Located In

British Virgin Islands United Kingdom

Payouts Percentage

85%

500%

Withdrawal Options:

Credit Card, Bank Wire Transfer, Western Union, Moneybookers Credit Card, Bank Wire Transfer, Neteller

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

Trade Types

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.

BigOption offers five types of trading contracts:

  • Classic Binaries: The most popular type where traders decide if prices will end up higher or lower than a predetermined strike level
  • Speed Options: Traders can select expiry times ranging from 30 seconds to 300 seconds
  • Long Term Options: Long options have longer expiry times of up to a year
  • One Touch Options: Trader has to decide if prices will reach a predetermined level before its expiration
  • Pairs Trading: Traders can pit two assets of the same asset class and see which does better or worse.

Comission

No
No

Payout ratios

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

BigOption offers generous payout ratios of up to 85% for normal trading. If trades close out of the money, traders are still entitled to a 10% rebate. For higher returns, traders can use the one touch options trades which offer payouts up to 500%.

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If you continue having doubts about which solution will work best for your business it might be a sound idea to investigate each service’s social metrics. Such metrics are frequently an indicator of how popular every software is and how big is its online presence.For instance, if you look at OptionFair LinkedIn page you’ll find out that they are followed by 0 users. In case of BigOption the amount of followers on their LinkedIn page is 0.