Option 888 Review

Option 888 review | This broker uses the Tradologic trading platform which is a good alternative to the more popular SpotOption platform that is currently dominating the market. This does not in any way imply that it is a worse choice. I believe that both will compete toe to toe for the place of the most popular binary option trading platform in the near future in between option robot.

Option 888 in a Nutshell:

  • Broker: Option888
  • Platform: Tradelogic
  • Founded: 2014
  • Bonus: Up to 100%, maximum $888
  • Return/Refund: 65-89%
  • Number of Assets:  Around 200
  • Regulated: Malta Gaming Authority
  • Demo Account: Yes
  • Minimun Deposit: $250

Is Option 888 a Scam or Trustworthy?

One way that Option 888 stands out of the crowd is their super-fast withdrawal services. When a trader has made a profit and wants to make a withdrawal, it is desirable that the withdrawal is possible quickly and safely. In this case Option 888 really stands out. If the request is made before 6pm GMT+1 they will process and approve it the same day and the withdrawal will be completed at latest on the next day.

option 888 traderoom
View from the trading room of Option 888

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1Sounds great, where do I get a Binary Option Robot?
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2Open a Binary Option Robot Account
I recommend that serious traders, open a number of different accounts with the different Binary Option Robots, listed. The reason for this is simple: anyone with knowledge of the market understands that you must spread your risk over as wider area as possible, no matter how good the system, if you put all your eggs in one basket, you run the risk of losing everything. Thus, as with everything else, you should spread your risk over a number of Binary Option Robots, to maximise potential profit and prevent loss. Each one of the Binary Option Robot suggested in this article, has been rigorously tested, regulated, licenced and approved for the territories listed in the drop-down menu.
3Binary Option Robot – How they work in practise
Binary Option Robot

1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

Binary Option Robot

2. The Binary Option Robot Will Predict the Price Movement

Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

Binary Option Robot

3. Decide on how much you want to Invest

Then you need to decide how much you want to invest in the commodity and when that investment will expire.

Binary Option Robot

4. Collect your Earnings

Finally, you collect your earnings (the good part!)

option 888

Bonuses

Option 888 offers an exceptionally good first deposit bonus: 100% up to $888. In addition, Option 888 has decided to reward active traders further. The most active traders get tailored bonuses depending on their trading activity and the level of assets used in the trading. The more you trade, the bigger bonuses and other benefits you can get, so it is indeed worth trading actively. It is also possible to acquire VIP status, once you have attained that, they offer you invitations to special events, a personal broker to assist you and higher yields on your trades.

binary option robot
Best Binary Option Robot

All these promotions and bonuses together make it worthwhile to take your trading seriously, and also encourage you to make deposits large enough to commit you to the whole process. If you do not have time to learn how to invest in binary options, I suggest using Binary Option Robot, it is a one of a kind automated trading tool or developed option signals service which helps you to reach maximum profits with minimal effort. Now you can get this excellent auto trader tool completely free by clicking the button below.

option 88 latest promotions
Option 888 constantly offers a number of competitions and prizes to their most loyal customers.

Languages

There are several different languages available. The supported languages are English, Swedish, Norwegian, Dutch, Danish, German, French and Finnish. Such a wide variety of languages is really a positive thing for European traders.

Banking

Option 888 is known particularly of their fast money transfers. They also offer a really wide range of different deposit options. For example, credit cards, such as VISA, MasterCard, and online payments such as IDEAL, Skrill, Sofort, Trustly and Paysafecard, along with traditional wire transfers are available. Depositing with credit card is the easiest way, but if a trader is making a larger deposit, for example, thousands of dollars, the wire transfer is the recommended method. Minimum deposit amount is $250.

option 888 banking
Banking Options are several

Additional Features 

When it comes to the actual trading in Option 888 broker site and their platform, they offer the traditional binary options methods such as up/down, one touch, range and turbos. But Options 888 has also taken the service to the next level and is offering special features that are rarely seen on competitor sites. One of these is “Early close” which allows a trader to close the option before the expiration if the trend seems unfavorable. This is an effective way to minimize losses.

The second special feature is their “Extend” feature, which allows a trader to continue the option and delay the expiration time. This is also a great way to minimize losses. This feature is very useful if the trader thinks that the option currently looks unfavorable, but in a little more time it could be profitable.

Mobile Trading

Like almost every self-aware broker site, Option 888 offers a mobile version for active traders to set trades any time they want and to follow how their trades are going from anywhere. The mobile version is available for Android and Apple products and can be downloaded from the Google Play store and the Apple App store. All that you need to do, is to sign up through the links from this site and create an account. Then, it is easy to download the app from the right store and sign up with your username and password.

The mobile platform also shows, similarly to the regular platform, the trader insight chart on the front page. Here you can follow how the other traders are placing their trades at the time. This is useful information and helps you to compare your own view to that of others.

option 888 mobile
Mobile trading platform is easy to use

 

 

 

Maximum Profit

The maximum profit for regular options is 89% and on average the payout stands between 75%-80% which is relatively good. For special features like range or one touch options the payout can reach up to 500% which is stunningly high. These are obviously riskier than the regular up/down binary options.

optioin 888 payout
It is possible to achieve up to 500% return with one touch options

What to Trade with Option 888

Option 888 offers a wide range of trading assets including over 200 stocks, commodities, indices and currency pairs. The selection consists of 30 currency pairs, roughly 30 indices, 20 different commodities and around 130 stocks. The list of commodities is wider than most of competitors. The list includes such specialties like soybeans, zinc, nickel, lead and some other rarely seen commodities that cannot be found elsewhere.

The indices list consists of the biggest companies and global brands represented in many different stock markets around the world. Well-known indices such as S&P 500NASDAQNIKKEI 225 and Dow ja Dax are included.

The stock list is really comprehensive and one of the widest there is. Such well-known companies as Apple, Coca-Cola, Alibaba and Google are represented.

option 888 commodities
List of commodities available to trading

Platform and Trading

Option 888 offers their traders the Tradologic platform which is a refreshing variation from all those SpotOption related brokers. Can not be stated that which one of the platforms is better among the best binary options brokers Most of the features are quite similar, but there are a few extras.

option 888 indices
List of indices available to trading

Range is an option where a trader wins if an asset will expire within a predetermined range. Range offers better profits than regular up/down options. The turbo option is a short-term investment where it is possible to set a one or two minute expiration. If used in the right way, turbo options can be highly profitable. I tripled my own initial $2,000 investment within three days using them. The platform itself is easy to work with and does not require much practice. However, if the trader needs to practice before making real trades a demo account is also available

Expiration Times

Expiration times vary from one minute investments to several weeks or even longer. This depends on the asset, the market and the trader. You should choose the expiration which best suits your own goals. Sometimes shorter expiration times are more effective, whereas longer investments can be used when probable direction of the overall trend is known. Long-term options are excellent, if you want to rely on the trend. On the other hand, the longer the investment period gets, the more possible events that can occur before the expiration date.

Trading Academy

Option 888 offers a wide range of educational material and guides which are useful for advanced traders but especially for beginners. In their trading academy, there are courses such as: winning tactics, basic technical analysis and advanced technical analysis.

There is also plenty of video material about binary options and trading in general. The following courses can be found on the Option 888 site: course introduction, the world of global trading, binary options advantages, trading is an art form, chance and risk, are you an emotional trader, and distributing risk.

All these courses are informative and designed to give a better understanding to traders on how to overcome the most basic mistakes that beginners usually make. We recommend getting familiar with these materials even if you are an experienced binary options investor. There is always something new to learn.

 

option 88 beginners
Beginner courses

For more advanced traders there is material about aggressive trading, passive trading, market analysis and trend analyzing. Anyone who will study these materials properly and understand them will be able to make profitable trades.

option 888 advanced
Courses for advanced traders

Option 888 Additional Courses

To help understand economics as a whole and the mechanics behind it, Option 888 offers additional trading courses. The subjects of those courses are: growth, interest rates, savings and investments, globalization and economic systems. We recommend you study all those materials to fully understand all the causalities related to economics.

option 888 ebook
Option 888 eBook

In addition to all above, Option 888 offers 30 page eBook

option 88 advanced courses
More advanced courses

Customer Service

Option 888 customer service is quick and professional, as it should be. We got extremely quick responses in our test. They were very helpful and service was kind and professional overall. They can be reached by email, phone or live chat. Live chat is the best way to ask something that you need to know quickly. Email is a suitable option if the issue is not that urgent. It is also possible to contact them via skype if that is your preferred method.

Option 888 as a Company

Option 888 was established in October 2014 and they hold offices in Germany, Malta, Curacao and Sweden. They have Curacao and Malta licenses and they are in the middle of the process of getting licenses from Jersey and UK regulators. They clearly want to be as transparent as possible and holding several licenses definitely strengthens this agenda. They also offer the possibility to keep your account balance not only in Euros or US Dollars but also in Pound Sterling, Swedish Krona, Danish Krone and Norwegian Krone. This is not possible in every binary option broker site and is a pleasant surprise for traders from Northern Europe.

Restricted Nationalities

Due to regulations, Option 888 unfortunately cannot accept customers from the following countries: Afghanistan, Bulgaria, Cyprus, Ghana, India, Iran, Iraq, Israel, Nigeria, Pakistan, Somalia, Syrian Arab Republic and the USA. As the regulation gives trust and transparency, the other side of the coin is restrictions towards citizens of certain countries.

Conclusion and Overall Rating

Option 888 offers a well-designed platform for traders, a wide range of education materials and great customer service. The payout is only a little above average but the special features, which help you to minimize losses, lifts the payout percent to well above average. We can strongly recommend the Option 888 broker services to every investor who is interested in binary options trading or who wants to trade with a rock-hard broker site. Their trading asset selection is one the widest on the market. Aside from the fact that they cannot accept US customers because of the license and regulation, we really couldn’t find any real downsides.

For overall rating, we will give to Option 888  4,8 stars out of 5 which is one of best grades at the moment.

Written by Michael Allen

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Author: Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.

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Michael Allen

Michael Allen is the main author at www.binaryoptionrobotinfo.com. He holds a PhD in Economics and has worked in investment banking for 24 years.

16 comments

  1. Option 888 might be a good binary options trading portal. The review here is really positive about this binary options trading platform. I would still like to test this one for myself before investing my money into the same. Therefore, I will try out the free demo account service offered by Option 888. I am currently investing my money in Option Robot and am able to earn substantial profits from the same. Option Robot also lets you open a free demo account. I had invested my money after testing the demo account only.

  2. Option 888 is a great binary options trading portal out there. I think the traders can really rely on this one. There are various positive reviews and testimonials about the same on the Internet. Option 888 is known for its super fast withdrawal services. So as a trader, if you wish to make instant withdrawals of your profits, then you can definitely try out investing in Option 888. Moreover, it also offers lucrative bonuses on depositing and withdrawing money from it. This according to me is a great feature offered by any binary options trading portal. There are more additional features offered by this trading platform. Still Option Robot would beat this, I think.

  3. I liked this review about Option 888 binary options trading software. Michael has laid out various positive points about this particular binary options trading software. Option 888 is a great binary options trading portal that assure you the delivery of higher profits in a short span of time. You can start by investing your money into the free demo account offered by Option 888. This allows you to test the success rate of this trading portal. Even I try to test every trading platform through its free demo account only. Additionally, there are several good points about Option 888 as well.

  4. Out of the few reliable binary options trading portals, I came across one more as Option 888 lately. I read this review about Option 888 and realized that this is a legitimate binary options trading portal. There are several points mentioned in this article that assure the reliability of this trading platform. It lets the first-time traders to open a free demo account. As such, if any trader is doubtful about its services, he or she can test the same through this demo account. Moreover, Option 888 also offers additional bonuses to the traders.

  5. Option 888 is a good binary options trading platform as the review says it. I have never tried it before. I am, therefore, highly skeptical of it in the first place. Though there are several unique features to Option 888 like lucrative bonuses, mobile trading, free demo account, and so more, it can still be a scam in the worst case. There are several fraudulent binary trading schemes out there that also offer highly enticing claims and offers. As such, you can do your part of research before trying to invest your money straightaway into Options 888.

  6. I liked this review of Option 888 binary options trading software. It is a good one. However, when it comes to ensuring my success at binary options trading, I always trust only Option Robot. It is a great platform that is known for its reliability and legitimacy parameters. Option Robot is one of the best binary options trading platforms that let you earn higher profits with much ease. Even if you are beginner and do not anything about binary option trading, then also you can earn great profits with the help of Option Robot and its reliable brokers!

  7. As a newbie trader in binary options trading industry, it becomes really important to know about in & out of this business. As such, Option 888 is a great binary options trading platform that you can go with for starting your binary options trading journey. The main reason for this is that in addition to offering good trading signals, Options 888 also offers a range of educational materials to the traders who wish to learn more about binary trading. As such, before starting out your binary trading, learn a few important tips & terminologies through these educative materials.

  8. I was really glad to read about the detailed review of Option 888 binary options trading software. I have recently invested my money into the same. I was a bit skeptical in the beginning. However, now that I have read this review about Option 888 by Michael, I am fully convinced that this one is a highly reliable binary options trading platform out there. Indeed, the best part about Option 888 is that it allows for superfast withdrawal services. I have already earned an amount of $500 in a week’s time and have withdrawn the same with much ease. Great one!

  9. I wish I had known about Option 888 before. I ended up investing my money some time back in this trading platform known as the VIPBinary trading portal. I lost all my invested money into the same. Then, one of my friends suggested reading articles by Michael. I started doing the same, and believe me, I have never felt so confident about binary options trading before. I read a lot of articles & posts and found them to be greatly useful and informative. Even this review about Option 888 is a great one!

  10. Michael does a great job by writing informative and educational articles about different binary options trading portals and brokers. It is a great site to be visited by the binary options trading investors who can have a good time reading the reviews and trading tips. I have personally gained a lot by following this link regularly!

  11. After reading your article about the Option 888 review, I tried my hands at it. It wasn’t that bad! However, after doing a few trades, I realized that it is on an average level when it comes to ensuring the profits to its investors. As such, I would continue my trading with Option Robot only. I have been doing binary trading with Option Robot since a long time and I have realized that nothing else can beat its performance. It has really made me earn substantial amounts of profits. Still if anyone likes to go ahead with Option 888, they can do so!

  12. I have been following binaryoptionrobotinfo.com since a long time. Michael has been delivering highly informative articles throughout and I love reading the blogs and reviews posted by him on a regular basis. Thanks again for this detailed review of Option 888 binary options trading portal. If I come across any new investor, I would definitely suggest him or her to invest in Option 888 this time.

  13. I wish I had known about Option 888 beforehand. I had invested in OneTwoTrader binary options trading platform and ended up losing $500 straightaway on my first investment. It was a great disappointment being my first try at binary trading. Had I known about Option 888 before, I would not have made the mistake. But now that I know, I would like to thank Michael for giving me the desired direction and guideline here.

  14. Option 888 could be a good binary trading portal for those who have succeeded in it. But for me, I have always trusted only Option Robot as the best one out there. It has never let me down. Michael, you have done a great job by describing the Option 888 review in a detailed manner. However, I still continue to place my trust on Option Robot only. It has gatherer most points from different reviews.

  15. Thank you Michael Allen! You have really helped me a lot by resolving my doubts over the selection of the best binary options trading portal. Binary Option Robot is indeed a great portal to try out for the beginners as well as for the professionals. I would recommend my friends as well about this binary trading portal such that they can also earn higher profits on their investment!

  16. I first tried option888 and lost 500€, then i started to trade with optionrobot by following your homepage instructions. Now I have made 2700€ in 3 weeks! Thanks binaryoptionrobotinfo!

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