Option888 Review

Option888’s uses the popular Tradalogic trading platform that has been supported by a wide range of other brokers. News and prices are acquired live from Reuters, therefore their accuracy is assured. The platform is simple to use and requires no training, so even laymen are able to use it without any challenge.

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

Located in: Malta

Website: http://www.option888.com

Founded in: 2014

Accepts US Clients: No

Phone number: +441785472000

Email: [email protected]

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%.

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Customer Support Languages: English, German, French, Swedish

Customer Service Hours: 24h

Place Trades Over the Phone?: No

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 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.