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Category: Online Trading

Investing and Trading Guide – Binary Options

Benefits and Drawbacks Of Mayfair Options – Review

Mayfair Options – Binary Options Trading

There are many different binary options platforms that traders can choose from today. Selecting from all of the available broker options can be challenging. The purpose of reviewing brokers such as Mayfair Options is to help traders learn as much as possible prior to making a selection.

This broker is recognized throughout the industry for providing a great platform, but also for offering their clients a wide variety of impressive resources.

Account registration can be carried out online and doing so costs nothing. Traders should instantly recognize that the Mayfair Options platform differs from the copy-cat platforms that we often see used today.

  • Traders can start trading by depositing only $250.
  • This small minimum makes it possible for anyone to trade binary options.
  • Investment minimums start at just $5.
  • These low start-up costs make Mayfair Options great broker option for new traders.

Mayfair Options Offers…

Currently, this broker offers 184 underlying assets for use with the basic binary option, 60 Seconds, Long Term, Pairs, and One Touch trades. There are a lot of expiration times to select from and for that reason option accessibility is unlimited. Trades can be additionally tailored through the use of the optionally available Sell, Rollover, and Double Up functions. These extras are available on many open contracts.

  • Minimum Deposit: 250 USD/EUR/GBP
  • Minimum Withdrawal: 100
  • Withdrawal Cost: One free each month, extras cost 30
  • Return Percentages: 60-85% (100-500% on One Touch)
  • Banking Methods: Credit card, Debit Card, Bank Wire, Online Wallet

Benefits

  • Mayfair Options is respected by traders and industry experts, despite the fact that they are not yet one of the veteran brokers.
  • Their platform is uncomplicated and should present no problems to new traders.
  • This broker allows traders to start out with a small initial deposit, after which they can trade using small investment amounts.
  • Their reference library and daily market analysis should prove extremely beneficial to all traders.
  • Their asset index is huge, allowing traders to trade with preferred assets.
  • The Mayfair Options platform is open to all adult traders, regardless of location. (Yes, this does include U.S. traders.)
  • Customer service is available 7 days a week.
  • There is only one account type. All traders are treated as valued clients.
  • Dedicated account managers are paired up with traders. These individuals can provide all types of guidance and assistance.

Drawbacks

  • The extremely large asset index should seem a bit daunting to first-time traders.
  • The market analysis is wonderful, but the live market news is not provided.
  • English is the only platform language for the time being. (There are plans for additions though.)

Our Verdict

Mayfair Options is going to be a great fit for all traders, regardless of skill level. They have rapidly gained a solid reputation for being a top-tier binary options broker.

They provide exceptional customer service, daily market analysis, a loaded resource library, and committed account managers. Some traders could feel that the asset index is somewhat overwhelming, but there is no need to focus on every asset.

It will not be easy for traders to find a broker that provides more than what Mayfair Options does. Why not check them out for yourself to see if they can assist you today.