Option888 review
Option888 is a Multi-Assets Trading Platform with over 182+ Assets
Option888 is a multi asset platform with 182+ tradable Assets.
Assets available on Option888 include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
Option888 trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.
Option888 review
Features of Option888
- Virtual Portfolio, or what is commonly known as a Demo Account
- Social Trading available
- Copy Trading available
- Option888 offers Advanced Financial Chart comparison tools
- Option888 offers Research-backed analysis on financial markets and investments from top analysts
- The Option888 platform is available to use on multiple devices inclding Apple Mac computers, and online through a Web Browser.
- Option888 offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
- Option888 users benefit from using the Option888 platform in over 15 different languages
Option888 review
What you should know
Option888 offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
With Option888 you will need a minimum deposit of $250. You can sign up for a demo account to acquaint yourself with Option888 platform.
Option888 are able to accommodate various levels of traders whether you are experienced or a beginner.
Option888 review
Are Option888 safe?
When choosing a broker like Option888 the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.
Established in 2008, and in operation for 13 years Option888 have a head office in UK.
Option888 is not regulated. This means Option888 are not supervised by any regulatory bodies.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Option888, this will be honored.
Your capital is at risk
Option888 review
Is my money safe with Option888?
Any payments funded to Option888 accounts by traders are held in a segregated bank account.
For added security Option888 use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
What are Tier 1 banks and why should Option888 use them?
A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.
What does it mean to have your funds in Option888 deposited in a Tier 1 bank?
Having any money you deposit with Option888 means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Option888 goes out of business for some reason.
Therefore, we can safely conclude that Option888 is secure and safe.
That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.
While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Option888 also clearly state on their platform that Your capital is at risk.
Now that we have answered some important questions regrding Option888. let us look at the Option888 features in more detail.
Try creating two accounts when you are working with Option888. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.
Open a demo account Visit Option888
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How Option888 as a Company Compare Against Other Brokers
Broker |
option888
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Year Established | 2008 | 2007 | 2007 | 2002 |
Head Office | UK | Cyprus, UK | Australia | Poland |
Regulation | Unregulated | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) |
Used By | 10,000+ Option888 users | 17,000,000+ eToro users | 180,000+ IC Markets users | 250,000+ XTB users |
Negative balance protection | Yes | Yes | Yes | |
Guaranteed Stop Loss | No | No | No | |
Learn More | Visit Option888 | Visit eToro | Visit IC Markets | Visit XTB |
Risk Warning | Your capital is at risk | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Option888 review
Option888 Pros and Cons
Option888 review
Option888 Regulation and Licensing in more detail
Option888 are not supervised or regulated by any well known regulatory bodies. Its normal to find online brokers like Option888 that are not regulated yet appear to be legitimate.
Option888 maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Option888 you are not guarenteed help in a difficult situation.
- Unregulated
Option888 review
Is Option888 Global?
Yes, Option888 is global as Option888 is available in over 194 countries.
Option888 is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries Option888 covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Option888 has a total of more than 10,000 users.
Option888 review
Option888 Fees Explained
- Option888 withdrawal fees varies on payment method
- Option888 does charge a fee for inactive accounts.
- Option888 does charge deposit fees.
Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.
How Option888 Fees Compare Against Other Brokers
Broker |
option888
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Min Deposit | 250 | 200 | 200 | 0 |
Withdrawal Fees | 0.0 | Yes | No | varies |
Inactivity Fees | Yes | No | No | |
Deposit Fees | No | Varies | No | |
CFD Commission Fees | No | Yes | Yes |
Option888 review
Option888 Minimum Deposit
Option888 require a minimum desposit of 250 GBP/USD when opening an Option888 trading account.
A minimum deposit is the minimum amount of money required by Option888 to open a new online brokerage account with them.
Dont be scared off by brokers like Option888 charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.
Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.
Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.
Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.
As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.
Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.
Option888 review
Option888 Withdrawal Fees
Option888 withdrawal fees vary depending on your selected withdrawal payment method.
Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.
This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.
Option888 for example allow you to withdraw your funds to Credit cards, Skrill.
Option888 review
Option888 Inactivity Fees
Option888 does charge a fee for inactive accounts.
An account inactivity fee is a fee charged to the registered brokerage client.
Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.
If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.
Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.
If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.
Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.
Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.
Option888 review
Option888 Desposit Fees
Option888 does charge deposit fees.
You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.
Option888 review
Option888 Commission Fees
Option888 does charge commission on CFD instruments.
A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.
A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.
Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.
Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.
If a market order is not fulfilled by your brokerage usually no commission is charged.
Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.
Option888 review
What can you trade with Option888?
Be aware that Different entities under Option888 Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.
You can trade a wide variety of instruments with Option888 over 182 instruments infact.
If you are looking for Forex brokers to trade currency pairs on global Forex markets Option888 offer over currency pairs.
Compare Option888 with eToro and IC Markets below.
How Option888 Trading Options Compare Against Other Brokers
Broker |
option888
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Instruments Available | 182 | 2000 | 232 | 4000 |
Platforms | Desktop,Android,iPhone/iPad,Mac | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
FX / Currencies | ||||
Forex pairs offered | 50 | 65 | 57 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | NO | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | Yes | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 31 | 19 | 21 |
Metals | No | Yes | Yes | Yes |
Energies | NO | Yes | Yes | Yes |
Agricultural | NO | Yes | Yes | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2042 | 110 | 1696 | |
UK Shares | No | Yes | No | Yes |
US Shares | Yes | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit Option888
Your capital is at risk |
Visit eToro
67% of retail investor accounts lose money when trading CFDs with this provider. |
Visit IC Markets
Losses can exceed deposits |
Visit XTB
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
Option888 review
Trading on Option888 web platforms and other applications
Option888 offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.
An Option888 IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device
Option888 also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.
See Option888's platforms
Option888 review
Is the Option888 Trading Platform Secure?
Option888 safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Option888 also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Option888.
Option888 review
Option888 Trading Platform Options
Option888 does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
Option888 offer an their own custom trading platform developed and tested in house. The Option888 trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades.
The Option888 platform allows traders to filter the financial marketplace for trade opportunities that match a criteria.
With Option888 you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Option888 platform including news and quotes. Discover possible trades with the strong charting tools found with Option888. Option888 is available as downloadable applications or online through the cloud. Monitor your orders with Option888 and receive breaking news in your positions.
Option888 Trading benefits :
- Allows scalping
- Offers STP
- Low min deposit
Option888 Trading Accounts Offered :
Below we give an overview on the account types that Option888 offer. Whatever you are looking to trade the varying Option888 account types will be able to provide you with what you need.
- Demo account
- Standard account
- ECN account
- STP account
- Islamic account
Can I try Option888 before I buy?
Option888 offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade
Your capital is at risk
Option888 withdrawal and funding methods.
Please note that the list of Option888 payment methods below depend on the Option888 Entity and the Clients Country of Residence.
All available Option888 payment methods available to you can be found in your Option888 members area checked on the Option888 website.
Option888 offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Option888
Option888 Payment Methods
- Option888 accepts Credit cards
- Option888 accepts Skrill
Broker |
option888
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | Yes | Yes | Yes | Yes |
Paypal | No | Yes | Yes | Yes |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | No | Yes | No | Yes |
Neteller | No | Yes | Yes | Yes |
*please note available Option888 and other broker payment methods depend on the clients country of residence.
How can I start trading with Option888?
When opening a trading account with Option888, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Option888 trading platforms here. You will need to provide some basic documentation to prove your identity as part of Option888 onboarding and normal KYC identity checks. These checks are standard practice and help Option888 provide a safe financial environment for their 10,000 users.
Your capital is at risk
Performing trades with Option888
Option888 allow you to execute a minimum of trade of £ 10. This may vary depending on the account you open. Option888 allow you to execute a maxium trade of varies. As Option888 offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.
As with most brokers, margin requirements do vary depending on the instruments.
Option888 Leverage and Option888 CFDs Explained
let's take a look at some of the basics of using Option888 leverage.
Option888 offer CFD which are a leveraged product for this example we describe ten times leverage.
So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.
So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.
Option888 leverage magnifies both profits and losses when trading.
Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Option888 trading platform.
let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.
It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.
Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.
The Option888 leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.
Option888 CFDs are typically used for short to medium term trades. For example Option888 intraday CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.
Always be aware that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education resources at Option888
To trade effectively with Option888, it's important to get a have a good understanding of the Option888 trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Option888 and externally.
Option888 offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.
Having an analytical approach may be a good way to approach trading with Option888.
Take time to look around the Option888 platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.
Customer Support at Option888
As part of our Option888 review we review customer service options, response times and Option888 trading platform problem resolution effectiveness.Option888 support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
Option888 have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Option888 less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.
Livechat Support at Option888
We tested the Option888 live chat and it works well. We sent messages to Option888 livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.
We tested communicating with Option888 support in multiple languages in multiple countries. Option888 where able to resolve our customer issues.
Email Support at Option888
We sent several emails to Option888 and answer times overall were excellent. The fastest response from Option888 was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Option888, but this was our experience sending 10 emails at varying times.
The team resolved and answered our queries. Overall average email support from Option888.
Phone Support at Option888
We called Option888 and the call was answered very quickly. The call was answered in less than 5-10 minutes.
The Option888 phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Option888 team by calling in varying languages. Option888 made an effort to make sure our queries were answered.
Overall the phone support from Option888 was okay.
See how Option888 Support Compares Against Other Brokers
Broker |
option888
![]() |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |
Learn More | Visit Option888 | Visit eToro | Visit IC Markets | Visit XTB |
Risk Warning | Your capital is at risk | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
What you will need to open an account with Option888
As Option888 is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:
Be aware Please kindly note that the expiration date of Proof of address document for different entities under Option888 Brand may be different.
- A scanned colour copy of your passport, driving license or national ID
- A utility bill or bank statement from the past three months showing your address
You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.
While you might be able to explore Option888's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.
To start the process of opening an account with Option888 you can visit the Option888 trading platform here.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.option888.com/ on February 27, 2021.
Option888 review
Is Option888 A Good Broker?
We spent over 3 months examining Option888 in depth. Although we found some very useful aspects of the Option888 platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Option888 broker.
- Option888 have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
- Option888 has a history of over 13 years.
- Option888 has a reasonable sized customer support of at least 10.
- Option888 are regulated by Unregulated. This means Option888 fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Option888 have regulation from a Tier 1 reputable country.
- Option888 has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Option888 have an international presence in multiple countries. This includes local Option888 seminars and training.
- Option888 are able to hire people from various locations in the world who can better communicate in your local language.
Option888 Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.
Option888 review
Option888 not quite right?
If after reading this Option888 review, Option888 does not fulfill your needs check out these Option888 Alternatives.
Click here to view the best Option888 Alternatives
We have spent years researching the best alternatives to Option888. Click the links below to learn more.
If you feel some of the above Option888 are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Option888 alternatives below.
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Option888 review
Related Option888 Vs Comparisons
We have covered allot in this Option888 review, If you want to see how Option888 compares side by side with other brokers check out our Option888 Vs pages.
If you would like to see how Option888 stands up against other brokers you can read some of our Option888 comparisons below. We compare side by side some of our top rated Option888 versus comparisons. Read our indepth Option888 VS pages below.
- Option888 vs eToro
- Option888 vs ICMarkets
- Option888 vs XTB
- Option888 vs AvaTrade
- Option888 vs Roboforex
- Option888 vs FPMarkets
- Option888 vs Trading212
- Option888 vs Plus500
- Option888 vs Pepperstone
- Option888 vs easyMarkets
- Option888 vs XM
- Option888 vs FXPrimus
- Option888 vs SpreadEx
- Option888 vs Forex.com
- Option888 vs CityIndex
- Option888 vs NordFX
- Option888 vs Markets.com
- Option888 vs IG
- Option888 vs HYCM
- Option888 vs Axitrader
- Option888 vs Swissquote
- Option888 vs ForexMart
- Option888 vs Eightcap
- Option888 vs AdmiralMarkets
- Option888 vs ForTrade
- Option888 vs FxPro
- Option888 vs PhoenixMarkets
- Option888 vs ETFinance
Option888 review
OPTION888 Frequently Asked Questions
Read our detailed Option888 FAQ Section updated for 2021.
Can I try Option888 before I buy?
Option888 offer a demo account so you can try the Option888 platform with virtual trading before you put down a payment. Virtual trading with Option888 is zero risk. Learn more here
What funding methods do Option888 accept?
Please note that the list of payment methods below depend on the Option888 Entity and the Clients Country of Residence.
Option888 offer the following funding payment methods Credit cards, Skrill, among other payment methods.
Learn more here
Is Option888 safe?
While Option888 may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Option888 accounts by traders are held in a segregated bank account. For added security Option888 use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.
Your capital is at risk
Is Option888 trading good?
Option888 is considered good and reputable to trade with Option888. Option888 is used by over 10,000 active traders and Option888 users. Option888 offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with Option888 is 250.
Is Option888 trading Legit?
Option888 was founded in UK in 2008. Option888 has been facilitating trade on the financial markets for over 13 years. Option888 offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to Option888 are held in segregated tier 1 bank accounts for security. Option888 is not regulated. Although this doesnt mean Option888 are awful, we recommend trading with regulated brokers.
Is Option888 a good broker?
Option888 is overseen by the top tier financial regulators Unregulated so can be considered a good broker. Option888 allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading.
Is Option888 trustworthy broker?
While having many plus points because Option888 is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.
What is the minimum deposit for Option888?
The minimum deposit to trade with Option888 is 250.
How long do Option888 withdrawals take?
Withdrawing money from Option888 processing time varies but averages 2-5 days.
Is Option888 regulated?
Option888 is not regulated by a top tier financial regulator.
Is Option888 a market maker?
Option888 is a market maker. Stocks, currency and other commodities and instruments will be purchased by Option888 even if no buyer is lined up.
How can I start trading with Option888?
When opening a trading account with Option888, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Option888 trading platforms here.
Is my money safe with Option888?
Option888 is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like Option888 is the regulatory body and regulatory status of the broker.
Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Option888, this will be honored.
If they violate any regulatory rules their regulated status can be stripped.
Is Option888 a con?
While we would noy say that Option888 is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.
Can you make money with Option888?
Although traders have had great success with Option888. Trading on the financial markets with Option888 is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does Option888 have fees?
Option888 withdrawal fees varies on payment method. Option888 does charge a fee for inactive accounts. Option888 does charge deposit fees.
When was Option888 founded?
Option888 was founded in 2008.
How many people use Option888?
Option888 is used by over 10,000 registered Option888 users.
What is Option888 Headquarters country?
Option888 has its head quarters office in UK.
Does Option888 offer negative balance protection?
Option888 does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.
Does Option888 offer guaranteed stop loss?
Option888 does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does Option888 allow scalping?
Option888 offers scalping.
Does Option888 allow hedging?
Option888 does not offer hedging.
Does Option888 offer CFD trading?
Option888 offers CFD trading.
Does Option888 offer STP?
Option888 offers STP trading.
How many people use Option888?
Option888 is used by over 10000 Option888 users and traders.
Is Option888 an ECN broker?
Option888 offers ECN trading.
Does Option888 offer a demo account?
Option888 offers a demo account.
Does Option888 offer an Islamic account?
Option888 offers a Islamic accounts.
What are the funding methods for Option888?
Please note that funding methods and funding options available with Option888 can be found in the Option888 Members area and depend on the Option888 client’s country of residence. Please check your specific available payment methods on the Option888 website. Option888 accept the following funding methods : Credit cards, Skrill.