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OptionField Review - is it scam or safe?

OptionField Review - is scam or good binary options broker?

RATING: 1.5 / 2 REVIEWS ForexBrokerz OptionField
OptionField is not regulated. We cannot guarantee your money is safe.


Trading Accounts & Conditions


Account type Minimum deposit  Min./Max. bet size Payout %
Classic $100 $5/ $2 000 Up to 79%
Pro $2 000 $10/ $5 000 Up to 84%
Elite $10 000 $100/ $10 000 Up to 84%


OptionField is an offshore broker that offers trading in forex and binary options on the MetaTrader 4 platform. It provides the above account types to binary options trades, while its forex offer is not that clear.


Binary options are Over the Counter (OTC) derivative financial instruments which enable traders to invest a fixed amount of funds and receive a predetermined return on investment depending on the price movement of an underlying asset within a predetermined time-frame. They are considered as a very risky type of financial instrument and are therefore banned in many jurisdictions.



OptionField Advantages:


MT4 allegedly supported

A few brokers actually use the MetaTrader 4 fr binary options trading, so this is surely an advantage for OptionField. This industry-leading piece of software, developed by fin-tech MetaQuotes is still the favourite of many traders for its ease of use, speed, top-tier charting, with a lot of indicators and customization options. Besides, there are wide range of automated trading systems developed for it, which one can use for free, buy at the MQL marketplace or create by himself.


However, we could not get OptionField’s MT4 going for some reason, and even if we could we would not recommend dealing with an offshore broker.



>> Better MT4 brokers <<



Many trading instruments, including cryptocurrencies

OptionField offers trading in various assets, including forex, commodities, stocks, indices, and several cryptocurrencies. The latter are extremely popular in recent years and a number of forex and binary options brokers have added Bitcoin and other digital assets to their product portfolios. However, only a few of those companies are well-regulated.



>> Licensed Bitcoin forex brokers <<


Wide range of payment methods

Clients of OptionField are able to deposit and supposedly withdraw via credit/debit, bank wire transfer, Neteller, PayPal, Qiwi, POLi, OKPay, China UnionPay, Astropay, Skrill, Entropay, and Upaycard. Bitcoin is also accepted.



OptionField Disadvantages:


Registered offshore

This broker is owned and operated by OptionField Ltd., a company registered in St. Vincent and the Grenadines (SVG). SVG is a popular offshore destination for forex and binary options brokers, as taxes and legal requirements are very lax. The problem for clients of such a companies is that there is no guarantee they will ever get to withdraw any money from their accounts.  Besides, the binary options providers are mostly referred to as scams.


Because of this and the gambling nature of binary options bets ESMA has banned binary options altogether (as of July 2, 2018) and will most likely expand the initial three-month prohibition till the end of the year.


WebTrader platform too simple

As regards the other platform offered by this broker, WebTrader, this is a simple web trading interface devoid of any advanced tools and analytics. Here is a screenshot:



Withdrawal fees

According to the information on the broker’s website withdrawals are charged with a fee of 1 % for credit cards and wire transfers.





The offer of OptionField might seem attractive to some traders, as it claims to support the good old MT4 platform and offers a number of promotions, such as Crypto Cashback, on-deposit bonuses, and a referral program. Anyway, we would not recommend investing with this broker, as it isn’t regulated. Many of those offshore forex and binary options brokers run elaborate scams, designed to steal money out of gullible investors.


To sum up the essentials regarding OptionField :


Pros Cons
MT4 allegedly supported Registered offshore
Many trading instruments, including cryptocurrencies WebTrader platform too simple
Wide range of payment methods, as well as bonuses Withdrawal fees


Latest news about OptionField
No news about OptionField . Check back later.
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Traders` reviews for OptionField
















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Black Friday Deal

Hi, everyone. I hope you are having a nice November and are warming up for the upcoming holidays.

Just a few updates on the new things happening at Optionfield, which I am excited to share with you!

We have launched our best promotion we've ever made for a Pro account - only by the end of November, you can get a Pro account with a minimal deposit of just 350 USD/EUR/GBP (depending on the currency of your trading account) instead of the standard requirement of 2000. With a Pro account, you are getting higher payouts (up to 93%), more relaxed trading limits and withdrawals free of charge once a week. You can check out the payouts comparison between our regular Classic account and the Pro account on and the comparison between our different account types on You are getting up to 93% payouts with 82% lower deposit requirement.

We've also introduced a new payment option for deposits and withdrawals - It's a very popular payment services provider where you can get your account registered and verified in about 3 minutes (their verification process is automated) and you can fund your account via bank card or bank transfer (depending on your region). You can hold any of 23 fiat currencies among other assets such as crypto-currencies or precious metals. They process withdrawals via bank transfer and bank card (depending on your region).

I hope you'll be able to take advantage of our Pro account offer. It's really the best one we've ever made. You can find more information and sign up for it on

If you have any questions, don’t hesitate to contact our Support team at or join our Livechat on

Kind Regards,
the Optionfield Team

Optionfield Rep 11/19/2019

Optionfield Updates

Hi, everyone. We hope you are having a great summer (or winter if you are in the southern hemisphere :)). I just want to provide you with the latest developments at Optionfield.

1. We've increased our payouts and you can now enjoy up to 93% payouts on our Pro and Elite accounts, as well as higher payouts on the Classic account.
2. We've introduced Skrill and Neteller for deposits and withdrawals.
3. Apart from the MetaTrader 4 platform, we now give you access to trading binary options also on our WebTrader which doesn't need any installations, as well as on our iOS and Android apps so you don't miss a trade wherever you are.

As usual, our free monthly Binary Options Demo contest is ongoing and this month the prize pool is 2000 USD. All you need to do is just practice on your Demo and we'll show you how you measure against all the other demo traders on our platform. It's a good chance to make some money while you test your strategy or just practice on your demo.

If you have any questions, don't hesitate to contact our Support team at or join our Livechat on

Kind Regards,
the Optionfield Team

Optionfield Rep 07/03/2019

Optionfield News

Hi, guys. We hope you are doing well.

Just a quick update on what's ongoing currently at Optionfield. This month we are having a free Binary Options Demo contest with a prize pool of 2000 USD to be split among the first 3 winners. We are also running a 5% profit boost program which gives you 5% trading rebates on all your April winning trades. For more information, please visit our website or contact our Support team.


Optionfield Rep 04/05/2019

Manipulator and scam

OptionField is 100% Scam. I have less than zero rating for this company.
Avoid ! Avoid !! Avoid

john paul 11/26/2018
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