Option 888 is one of few trading sites that offers crypto currencies as underlyings for binary options. Of course, a lot of other underlyings are available in addition to this, including plenty of shares, indices, commodities and non-crypto currencies.
Option 888 is available in several different languages, including English, Italian, French, German, Finnish, Danish, Norwegian, and Swedish.
Option 888 was launched in 2014 and is owned by Curaçao-based Altair Entertainment N.V. Option 888 is run with a Curaçao license, but the head office is on Malta.
If your first deposit to Option888 is €500 or more, you get a 100% welcome bonus. Largest possible welcome bonus is €888.
Example: You deposit €888 and get a €888 welcome bonus. You now have €1,776 in your account to trade with.
All real-money traders at Option888 have a Standard Account.
If you haven’t used the platform before, signing up for a Demo Account is a great way of learning how it works without having to risk any real money. In the Demo Account, only play-money is used.
The platform used by Option 888 comes from Tradologic. It is a very minimalistic platform; appreciated by those who like minimalism, but found rather lacking by those who desire a higher degree of complexity. Some traders have for instance complained about the lack of a ticker displaying signals, trends, market news, etc.
Trading apps are available for smart phones and tablets running iOS or Android.
The Option 888 mobile trading app for Android is found in Google Play.
The Option 888 mobile trading app for iOS is found in Apple’s App Store.
About the binary options at Option888
Option888 are selling several different types of binary options, including Over/Under, One Touch and Range. If you want binary options that expires really soon after being purchased, you can bet Turbos with a lifespan of 30 seconds, 45 seconds, 1 minute, 2 minutes or 5 minutes.
With most binary options at Option888, you will be permitted to close your position prematurely if you want to, instead of waiting for the option to expire. Option888 also has an interesting feature where you are allowed to extend the lifespan of an option that you have purchased. Extending it comes with a fee.
Examples of shares available as underlyings for binary options at 888 Option
Examples of indices available as underlyings for binary options at 888 Option
|Abu Dhabi General||FTSE 100||NASDAQ 100 Future||SPI 200 FUTURE|
|Bovespa Future||FTSE MIB||NASDAQ Composite||TADAWUL|
|Bund future||Hang Seng 40||Nikkei 225||TAIEX|
|CNX NIFTY||ISE 100||RTS index||Tel Aviv 25|
|DAX Future||ISE 30||S&P Future||Topix 500|
|Dow Jones||Kuwait 15||Shanghai Composite|
|Dubai General||MDAX||Shanghai Shenzhen CSI 300|
|EGX 30 Cairo||MICEX||South Africa 40|
Examples of commodities available as underlyings for binary options at 888 Option
|Silver||MCX Gold||MCX Nickel||Soy beans|
|Copper||MCX Silver||MCX Crude oil||Sugar|
|Crude oil||MCX Copper||MCX Natural gas||Wheat|
MXC stands for Multi Commodity Exchange of India Ltd. This is a commodity exchange based in Mumbai, India.
Examples of currencies available as underlyings for binary options at OptionFair
Examples of transaction methods accepted by Option 888 are bank transfer, Ukash, Paysafecard, Skrill, VISA, and MasterCard. The smallest possible deposit is 250 USD. Option 888 is renowned for processing withdrawal requests quickly compared to most other binary option sites.