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Product Tradorax vs. OptionFair

Choosing the right binary option trading srevice for your organization is not that easy with so many functions, choices, and offers to choose from. However, using our review platform will allow you to simplify the selection process by displaying all main brokers in one place. For instance, you can compare OptionFair and Tradorax for their tools and overall scores, namely, 8.1 and 8.1, respectively. Furthermore, you can see which service has higher general user satisfaction rating: 71% (OptionFair) and 100% (Tradorax) to find out which service is the better choice. Don’t just choose the service with the lowest minimum deposit, but the service that has the best value.

Product

Tradorax

VS

OptionFair

VS

Our Score

Our Score

8.1 ?

Our Score

8.1 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

71% ?

Minimum Deposit

$250

$200

Accepts US Clients

Yes
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Detailed Review

Description

Tradorax uses the TechFinancials trading platform which supports informative charts, long term and short term expiry, and a wide range of assets in one package. The platform is 100% web-based, user-friendly, and you do not need to download any software to start trading. With a simple internet connection you can invest in binary options from anywhere in the world.

The Tradorax trading platform enables you to trade on High Low, Boundary, One Touch, and Short Term options. You can get returns as high 85% for EUR/USD options.

One of the preferred option types is the boundary option. This option can be used in both volatile markets as well as quiet trading conditions. Tradorax also offers an Android app for mobile trading.

The trading platform supported by OptionFair is created by OptionFair’s sister company called TechFinancials. The platform has been designed with a goal to give the optimal interface and tools for binary options trading. The platform itself offers a wide range of financial instruments and assets. The team of TechFinancials has created a set of advanced pricing algorithms, which allows them offer the technology 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.

Place Trades Over Phone

No
No

Platform

Platform type: TechFinancials
Platform Languages: English, German, Russian, Arabic
OS Compatibility: iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
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

Email

support@tradorax.com customercare@optionfair.com

Assets

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

Withdrawal Options:

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

Trading Accounts

Tradorax offers four types of accounts:

Mini: $250 – $499

  • Web/mobile platform
  • Education center access
  • Personal broker – 1 per week
  • Lessons 1-2

Silver: $500 – $4,999

  • Web/mobile platform
  • Education center access
  • 2% extra for every trade
  • Personal broker – 2 per week
  • Lessons 1-2
  • Lessons 3-4
  • Signal group
  • 0.5% cash back

Gold: $5,000 – $9,999

  • Web/mobile platform
  • Education center access
  • 3% extra for every trade
  • Personal broker – 3 per week
  • Lessons 1-2
  • Lessons 3-4
  • Lessons 5-6
  • Signal group
  • 1% cash back
  • 1 risk free trade per month

VIP: $10,000+

  • Web/mobile platform
  • Education center access
  • 4% extra for every trade
  • Personal broker – 4 per week
  • Lessons 1-2
  • Lessons 3-4
  • Lessons 5-6
  • Lessons 7-8
  • Signal group
  • 2% cash back
  • 2 risk free trades per month

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 $/€/£
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Comission

No
No

Deposit Options

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

Trade Types

Tradorax offers the following trade types:

  • High/Low
  • Touch/No Touch
  • Boundary
  • 60 Second Trades

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.

Payouts Percentage

85%

85%

Payout ratios

Tradorax offers up to 85% return.

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

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, German, Russian, Arabic
Customer Service Hours: Tradorax provides 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

Located In

United Kingdom British Virgin Islands

Phone

442031500446 0044 203 5190373

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
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You shouldn’t count on exclusively a wide range of useful tools and scalable pricing plans from a well-known Binary Options Brokers. Almost as significant as main features is a top-notch customer support. You want to make sure that if you have any questions about OptionFair or Tradorax, or you struggle with some problems, or perhaps you’ll want to request a specific update or functionality useful to your business you can count on a responsive and helpful customer support. See whether services such as phone support, tickets or live chat are available. What is more, it’s a big plus if you can enjoy individual training or at the very least an FAQ you can use.