Option888 Review
Trading Platform Option888
Option888’s adopts the popular Tradalogic trading platform that has been supported by a variety of other brokers. News and prices are acquired live from Reuters, which means their relevance is assured. The platform is straightforward to use and requires no training, therefore even laymen can use it without difficulty.
Standout features are the “Close” and “Extend” options that allow you to close a trade before expiry or extend the expiry time respectively. You can use these tools effectively to maximize returns and minimize losses.
Option888 made sure that their traders are confident about the security of their investments. There is also a range of unique tools provided by the broker and traders can cout on useful and detailed tutorials and training materials. It is clear that the broker focuses on long term success of their traders and does its best to make sure they get the best opportunities for developing their trading skills. There is also a great quick withdrawals feature which allows you to make a withdrawal before 18:00 on the same day.
Pros
- Wide range of assets
- Platform is easy to use
- Reliable 24/7 customer support
- Excellent returns
- Fast processing of withdrawals
- Range options are available
Cons
- US traders are not accepted
- Lack of advanced trading charts
Platform type: Tradologic
Platform Languages: English, German, French, Swedish
OS Compatibility: iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No
Company information Option888
Located in: Malta
Website: http://www.option888.com
Founded in: 2014
Accepts US Clients: No
Phone number: +441785472000
Email: support@option888.com
Account Options Option888
Commission:
Minimum Deposit: $250
Payouts Percentage: 89%
Deposit Options: Credit Card, Bank Wire Transfer, Skrill
Withdrawal Options: Credit Card, Bank Wire Transfer, Skrill
Payout Ratios: Average returns are around 80% and can go up to a maximum of 89%.
Available Assets Option888
Forex, Metals, Oil, Gold, Indices, Stocks, Commodities
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
Customer Support Languages: English, German, French, Swedish
Customer Service Hours: 24h
Place Trades Over the Phone?: No
Option888 Trade types
Option888 provides options on forex, commodities, stocks and indices. You can trade using the following trading types:
Digital: The typical High/Low options. You determine if the asset will fall or rise in value.
Touch: You determine if the price of a given asset will reach (or touch) a specific value within a given time period.
Range: Also referred to as a boundary trade. You decide if the asset price will remain within two preset values?
Turbo: A type for really short term binary options. Expiry times provided by the vendor are 30 seconds, 45 seconds and 5 minutes for this type of trading.
Option888 Trade accounts
Option888 offers only a standard account which requires a minimum deposit of $250. There is a 100% welcome bonus of up to 888EUR (or USD, GBP, SEK, DKK, NOK). You can fund and withdraw from your account using wire transfer, paysafecard, SOFORT, Skrill, MasterCard, Visa, and iDEAL.
Option888 Position In Our Categories
Position of Option888 in our main categories:
TOP
50
Option888 is one of the top 50 Binary Options Brokers products
If you are interested in Option888 it might also be a good idea to investigate other subcategories of Binary Options Brokers listed in our base of B2B software reviews.
It's important to realize that virtually no service in the Binary Options Brokers category is an ideal solution able to match all the needs of all investors. It may be a good idea to read a few Option888 reviews first as certain solutions can actually perform well exclusively in a specific geography or situation or be designed with a really specific customer in mind. Others can function with a goal of being easy and intuitive and therefore lack advanced elements desired by more experienced users. You can also find services that focus on a large group of customers and provide a powerful feature toolbox, however that in most cases comes at a more expensive price of such a service. Make sure you're aware of your requirements so that you pick a service that offers specifically the elements you look for.
User Satisfaction
Positive Social Media Mentions
0
Negative Social Media Mentions
0
We know that when you decide to buy a Binary Options Brokers it’s important not only to find out how professionals score it in their reviews, but also to find out if the real clients and companies that bought it are indeed content with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Option888 reviews across a broad range of social media sites. The information is then presented in an easy to digest form showing how many clients had positive and negative experience with Option888. With that information at hand you should be equipped to make an informed buying choice that you won’t regret.
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Minimal deposit:
$5
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What Bonus Does Option888 Offer?
No Deposit Bonus:
No
Bonus for First Deposit:
No
Is the Bonus Based on
the Volume of the Transaction?:
No
Other Bonuses:
No
The broker provides an impressive first deposit bonus: of 100% up to $888. What is more, the broker provides rewards to active traders further down the road. Most active traders can count on special bonuses based on their activity and how many assets they used. You can also get a VIP status, which gives you access to special events as well as a personal broker assistance.
Reliability of Option888
Option888 is not regulated by any financial authority but it operates under an eGaming license issued by the Government of Curacao, an island in the Dutch Caribbean. However, Option888 provides excellent services including reliable 24/7 support in many languages. Plus, this broker processes withdrawal requests on the same day. Option888 uses live price feed from Reuters which assures accuracy. All these points establish Option888 as a legitimate and reliable broker.
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