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Software OptionFair vs. Bloombex

Getting the best binary option trading srevice for your organization is complicated with various features, choices, and terms to check. But, relying on our review platform will make it possible for you to cut down the selection process by getting all major brokers in one place. For instance, you can match OptionFair and Bloombex for their features and overall scores, in this case, 8.1 and 7.6, respectively. Similarly, you can compare which service has higher general user satisfaction rating: 71% (OptionFair) and 100% (Bloombex) to find out which one is the better option. Don’t just start using the service with the lowest minimum deposit, but the platform that gives the best value.

Software

OptionFair

VS

Bloombex

VS

Total Score

Our Score

8.1 ?

Our Score

7.6 ?

Client Experience

Client Experience

71% ?

Client Experience

100% ?

Minimum Deposit

$200

$300

Accepts US Clients

Yes
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Complete Review

Description

The trading platform provided by OptionFair is created by OptionFair’s sister company called TechFinancials. The platform has been developed with an idea to provide the best interface and tools for binary options trading. The platform itself supports a broad set of financial instruments as well as assets. The team of TechFinancials has designed a series of advanced pricing algorithms, which enables them offer the tech able to power an unmatched 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.

Bloombex uses the intuitive, state-of-the-art SpotOption trading platform. You can see the payout ratio as a percentage in large blue digits on the right sidebar of the platform. On the left side, you can see the trader’s choice bar which indicates the direction of the market sentiment. The interface of the platform is simple and clear. A graph shows the movements of the asset prices. To get a wider view of available assets, you can change the platform layout format.

Email

customercare@optionfair.com accounts@bloombex-options.com

Comission

No
No

Phone

0044 203 5190373 44 2035191191

Payouts Percentage

85%

85%

Located In

British Virgin Islands Germany

Withdrawal Options:

Credit Card, Bank Wire Transfer, Western Union, Moneybookers PayPal, Credit Card, Bank Wire Transfer, Moneybookers
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Deposit Options

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

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 TRAINING
Customer Support Languages: English, German, French, Russian, Italian, Turkish, Arabic, Dutch
Customer Service Hours: 24h/7
Place Trades Over the Phone?: Yes

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 $/€/£

You need not deposit any money or provide credit details to open an account at Bloombex. But for trading activities, you need to deposit a minimum of $300 or €300 before you can start trading. There is also a special Islamic Account offered for muslims.

Bloombex has a mobile application available for Android and iOS which allows you to easily trade over the phone wherever your are.

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.

Bloombex offers the following trade types:

One Touch: gives you the opportunity to invest in an underlying asset which you think will exceed or reach a certain value even though it might shift from that value in the future. Once the predetermined value is reached you get paid. Trading one touch options is made possible only during weekends.

Sixty Seconds: for people in need of fast income, the SPOTFN platform enables you to ride the short term trend with 30, 60, and 120 second expires. All you have to do is to select the asset, choose investment amount, and decide if the price will rise of fall.

Pairs: is a trading option where you predict which of two assets will perform better than the other by expiry. This is based on comparison, and exclusively the relative performance counts.

Ladder: It allows you to make multiple predictions on the same asset, enabling a wider range of opportunities to profit from.

Payout ratios

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

Average returns range between 75% and 85%. One touch trades offer much higher returns of up to 500%. You can get rebates of up to 10% for out of the money trades.

Assets

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

Place Trades Over Phone

No
Yes

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, German, French, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
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In case you continue having second thoughts about which service will be best in your case it might be a sensible idea to take a look at each service’s social metrics. These metrics are usually an indicator of how popular each product is and how extensive is its online presence. For example, in case of Facebook OptionFair has 0 likes on their official page while Bloombex profile is liked by 0 people.