Option888

Introduction

Option888 is a binary options trading platform owned and operated by Altair Entertainment N.V and is licensed by Curaçao eGaming, authorized and regulated by the Government of Curaçao. The broker offers all the common underlying assets such as stocks, currency pairs, commodities and indices in the options market. They feature three types of trading options; Digital, Touch and Range on a unique trading platform. In addition, Option888 allows traders the ability to pre-close options or automatically extend the time of expiration through unique trading tools such as Close and Extend.

Platform

Option888 features a 100% web based trading platform  from Tradologic with simple, intuitive interface. Despite being relatively new in the market, the broker offers an impressive choice of underlying assets comparable with leading binary options trading brokers. Traders have a choice of stocks that include Amazon, Apple, Baidu, Facebook, Google, Caterpillar, eBay, IBM, Samsung, Yahoo and a host of other blue chip companies. Traders looking to make the most of their investment in the commodities market can choose from gold, crude, copper, silver, sugar, and coffee, to name a few.

There are over 20 currency pairs available for trading around the clock. Apart from major currency pairs such as the EUR/USD and GBP/USD, the crypto currency Bitcoin/USD is also offered by the broker. The Hang Seng, Nasdaq, and Nikkei 225 are among the major indices in its asset list. Option888 offers traders the option of signing up for a demo account and receive $500 of play money to practice trading prior to registering for a real money account. The payout in both Touch and Range trading is usually between 75% – 81% and 65% to 81% for traditional binary options that close in the money.

Customer Support

Option888 offers multilingual support in English, Swedish, Danish, French, German and Finnish. Support is currently only available via an online contact form or by addressing queries via email to support@option888.com. Apart from an FAQ section they also have a link to a quick guide with answers to common binary options related queries.

Deposit & Withdrawal methods

To encourage new traders to start small, Option888 permits a minimum trade amount of $10/€10. The maximum trade amount is $1000/€1000 with no upper limit to the number of trades that can be made. Traders can start with a minimum deposit of $100/€100 and fund their account via credit card or wire (bank) transfer. Currently, accounts can be opened in USD, EUR, SEK, NOK and DKK. In addition to credit cards, deposits can be made through popular e-payment processors including Skrill, Sofort, and iDeal.  Withdrawals can be requested via credit card, wire transfer to the trader’s bank account, or check.

Bonuses

Option888 offers new traders a 100% match bonus on a minimum first deposit worth $100/€100, up to a maximum bonus $1000/€1000. The broker also offers numerous of promotions on a monthly basis which surely will give you extra value as a broker with them.

Conclusion

Option888 is one of the fatest growing binary options brand on the market today. What really sets them apart from the others is that they offer live -support, the website and the personal brokers in 7 languages! That includes English, Swedish, Norwegian, Danish, Finnish, Dutch and German. Their platform has a lot of nice features, and they also offer a large range of alternatives to trade binary options.

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