A trader has to make a very important decision about which broker to use when he is into the binary options market. There are many brokers available online with different features and benefits, so a trader must do a thorough research before finalizing the one that will fit to his requirements.
OptionFair and Banc de Binary are two reputable brokers which will be preferred by anyone whether he is a novice or an experienced trader. But they also have their own differences. You should choose a trader based on your particular trading style.
Optionfair review is the newest binary options brokers with a trading platform. They have their headquarters in the British Virgin Islands. Many people decide to invest in binary options trading because it provides quick profits to savvy traders. Optionfair gives the highest payout percentages which ranges from 70 to 81 percentage.
Optionfair has three different platforms for the traders to work from: high/low, boundary and one touch options. They have two asset classes of binary options called the stock or currencies. In between these two asset classes, you will find 64 underlying assets to trade with. Many brokers do not have so many options available even though they carry underlying assets in other categories.
Optionfair platform has a very easy navigation and trades and transactions can be done very smoothly. More and more traders are doing their transactions here because of its easy use and different number of assets available. One of the most salient feature on their website is that they offer 12 languages for traders to choose so that they can do their transactions without any hesitation. This is one very important reason why they are ahead in the global market and making great success.
Optionfair platform is also famous for its trading stimulator. It is like a demo account which is set up solely for the beginners for learning purpose. Payouts are done every 30 days and they have a robust customer service department.
Banc De Binary is another established binary options broker headquartered in New York. They also have their operations in Asia, Europe and the Middle East. They offer all the trading instrument types: stocks, currencies, indices and commodities. And across these instruments they offer 40 underlying assets in the global market. They also have an average payout of 81% and the minimum deposit is set as $100.
This experienced broker offers three binary options type: One Touch, High/Low and Option Builder. Their returns are very high and come with a full package loaded with various options and assets to be traded.
