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Comparison PlusOption vs. OptionFair

Choosing the best binary option trading srevice for your company is not that easy with various functions, options, and terms to choose from. On the other hand, depending on our review platform will make it possible for you to simplify the selection steps by reading all main services in a single location. As an illustration, you can compare OptionFair and PlusOption for their functions and overall scores, namely, 8.1 and 7.9, respectively. Likewise, you can check which broker has higher general user satisfaction rating: 71% (OptionFair) and 100% (PlusOption) to find out which solution is the better choice. Don’t just start using the platform with the lowest minimum deposit, but the service that gives the most cost-effective value.

Comparison

PlusOption

VS

OptionFair

VS

Total Score

Our Score

7.9 ?

Our Score

8.1 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

71% ?

Minimum Deposit

$250

$200

Accepts US Clients

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Detailed Review

Description

PlusOption provides users with the latest version of the SpotOption trading platform. Loaded with basic and advanced trading tools and features, SpotOption remains one of the world’s leading trading platforms because of its ease of use, flexibility, and reliability. Even novice traders with little or no experience will find the application easy to implement, allowing them to trade after a short learning period. The new SpotOption is also available for mobile devices, specifically Android and Apple iOS smartphones and tablets.

The PlusOption site also offers additional tools such as SpotFollow. This feature enables traders to follow and copy the strategies of successful traders. It also trains them on how to develop more effective trading strategies.

The trading platform offered by OptionFair is created by OptionFair’s sister company called TechFinancials. The platform has been created with an idea to provide the optimal interface and tools for binary options trading. The platform itself offers a broad set of financial instruments as well as assets. The team of TechFinancials has designed a set of complex pricing algorithms, which enables them offer the technology that can power an unmatched range 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.

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
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

Withdrawal Options:

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

Place Trades Over Phone

No
No

Payouts Percentage

87%

85%

Located In

London, United Kingdom British Virgin Islands
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Phone

+44 8006 101462 0044 203 5190373

Trade Types

PlusOption offers the following trade types:

  • Standard Call/Put Binary Options
  • Long Term
  • Pairs
  • OneTouch
  • 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.

Payout ratios

PlusOption offers payout up to 87%.

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

Trading Accounts

PlusOption offers three types of trading accounts:

Mini Account

  • $250 minimum deposit
  • $25 minimum investment
  • Monthly strategy trading
  • Up to 82% payout

Popular Account

  • $500 minimum deposit
  • $25 minimum investment
  • 50% bonus
  • Up to 85% payout
  • 1 risk-free trade
  • 3% yearly interest rate
  • Strategy training on 2-week base
  • 1 SMS binary option signal a day

Premium Account

  • $3000 minimum deposit
  • 75% bonus
  • $50 minimum investment
  • Up to 87% payout
  • 3 risk-free trades
  • 5% yearly interest rate
  • Weekly strategy training
  • 2 SMS signals daily

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 $/€/£

Comission

No
No

Email

support@plusoption.com customercare@optionfair.com

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian
Customer Service Hours: PlusOption offers customer support Monday - Friday from 08:00 GMT – 00:00 GMT.
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

Deposit Options

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

Assets

Forex, Indices, Stocks, Commodities Forex, Metals, Oil, Gold, Indices, Stocks, Commodities
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It may not always be sufficient to simply compare OptionFair and PlusOption against one another. Even though reliable features, pricing and customer reviews are all important and should be considered when making a final decision, you should also take a look at the recognition and awards merited by each software. Very often a less known service may turn out to be a great choice that was a winner of many industry awards such as our Supreme Software Award which reveals that in spite of lesser market popularity it’s a significant rival to the apps that dominate the market.