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Product 10trade vs. Option888

Selecting the right binary option trading srevice for your organization is complicated with too much functions, choices, and terms to consider. On the other hand, depending on our review directory will help you to simplify the selection steps by reading all major brokers in one location. For instance, you can match 10trade and Option888 for their features and overall scores, namely, 7.4 and 7.5, respectively. Similarly, you can compare which service has better general user satisfaction rating: 100% (10trade) and 100% (Option888) to determine which one is the better choice. Don’t simply pick the solution with the most attractive minimum deposit, but the platform that has the most cost-effective value.

Product

10trade

VS

Option888

VS

Our Score

Our Score

7.4 ?

Our Score

7.5 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$250

Accepts US Clients

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Detailed Review

Description

10trade provides users the SpotOption trading platform. Widely known and used by many binary brokers, SpotOption is fairly easy to use even for novices and comes loaded with basic and advanced tools and functionalities that many traders find useful when they trade. SpotOption also boasts an intuitive user interface that makes trading easy. Now, SpotOption traders can trade and do business using their Android and Apple devices.

The platform has good data latency, offers fast trade execution, as a well as a range of colors to help you pick useful information on the screen. You can get the information you need to make a trade with a simple glance. The platform also offers a practical layout in the way the web pages are organized.

Option888’s makes use of the popular Tradalogic trading platform that has been adopted by a wide range of other brokers. News and prices are obtained live from Reuters, therefore their relevance is guaranteed. The platform is straightforward to use and requires no training, therefore even newbies are able to take to it without any challenge.

Located In

Nicosia, Cyprus Malta

Phone

+35-777-788-035 +441785472000

Email

support@10trade.com support@option888.com

Trade Types

10Trade offers the following trade types:

  • High/Low
  • 60 Seconds
  • One Touch
  • Pairs
  • Ladders

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.

Trading Accounts

10trade offers 5 account types:

Welcome – €500

  • 20% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Trading central – 2 weeks

Bronze – €1,000

  • 30% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 1 trading strategy
  • Trading central – 1 month

Silver – €2,500

  • 40% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 2 trading strategies
  • Trading central – 3 months

Gold – €5,000

  • 50% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 3 trading strategies
  • Trading central – 6 months

Platinum – €10,000

  • 50% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 5 trading strategies
  • Trading central – 1 year
  • Express withdrawals
  • Money management training
  • Optional tablet

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.

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer Credit Card, Bank Wire Transfer, Skrill
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Comission

No
No

Payout ratios

10trade offers returns of up to 90%.

Average returns are around 80% and can go up to a maximum of 89%.

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer Credit Card, Bank Wire Transfer, Skrill

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Payouts Percentage

90%

89%

Assets

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

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: Tradologic
Platform Languages: English, German, French, Swedish
OS Compatibility: iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian, Arabic, Dutch
Customer Service Hours: 10trade offers 24/7 customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, German, French, Swedish
Customer Service Hours: 24h
Place Trades Over the Phone?: No

Place Trades Over Phone

No
No
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In the event you are still having doubts about which app will perform best in your case it may be a good idea to examine each service’s social metrics. These metrics are frequently a way to see how popular each solution is and how big is its online presence.For instance, if you look at 10trade LinkedIn account you’ll find out that they are followed by 0 users. In case of Option888 the amount of followers on their LinkedIn page is 0.