By: Hillel Fuld
Just like many growing industries that start out small, the binary options trading space is starting to become overpopulated with binary options brokers.
Once this happens, and it always seems to happen, new traders begin to feel overwhelmed and have no clue where to start. Thanks to the worldwide Web, there are enough reviews out there of the various binary options brokers, and if you want a bottom line answer, Optionfair is your broker. (our Optionfair review)
There are many binary options brokers to choose from, and many of them offer solid services, but Optionfair, based on our extensive review, was hands down the best binary options broker and no I do not work with them in any shape or form.
So why specifically Optionfair out of the tens of binary options brokers out there? Well the answer is simple. Optionfair did not create just another variation of many of the other binary options brokers, they actually thought out of the box and that says a lot.
The site is easy to use, the service is superb, the trading experience is excellent and Optionfair, compared to most binary options brokers have a unique offering. In addition to the standard up or down option, Optionfair offers two other trading options: One Touch and Boundary.
Just as the names suggest, One Touch enables you to predict whether a target price will be reached by the asset you choose. The Boundary options offers you the ability to predict whether the asset will exit the boundary defined.
Just like with other binary options brokers, Optionfair offers you the option to define how much capital you want to invest and when you want your positions to expire, but unlike most binary options brokers, Optionfair offers various forms of binary options trading.
Optionfair is a solid broker with a stellar reputation and comes highly recommended by traders who have opened accounts in the past.