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Compare BigOption vs Option888

What is better BigOption or Option888?

Choosing the best binary option trading srevice for your business is complicated with too much functions, options, and offers to consider. But, depending on our website will help you to cut down the necessary steps by getting all main brokers in a single location.

As an illustration, you can contrast BigOption and Option888 for their tools and overall scores, namely, 8.0 and 7.5, respectively. Similarly, you can compare which broker has superior general user satisfaction rating: 89% (BigOption) and 100% (Option888) to learn which one is the better choice. Don’t just pick the solution with the most attractive minimum deposit, but the platform that gives the most cost-effective value.

Our experts made sure to prepare reviews of all popular Binary Options Brokers products that you can find out there, but among them these three caught our special attention: IQ Option, OneTwoTrade, GTOptions.

SmartScore™

OUR SCORE 8.0

User Satisfaction

CUSTOMER EXPERIENCE 89%

Minimum Deposit

$250

Accepts US Clients

Yes

Comission

No

Place Trades Over Phone

No

Located In

United Kingdom

Trade Types

BigOption offers five types of trading contracts:

  • Classic Binaries: The most popular type where traders decide if prices will end up higher or lower than a predetermined strike level
  • Speed Options: Traders can select expiry times ranging from 30 seconds to 300 seconds
  • Long Term Options: Long options have longer expiry times of up to a year
  • One Touch Options: Trader has to decide if prices will reach a predetermined level before its expiration
  • Pairs Trading: Traders can pit two assets of the same asset class and see which does better or worse.

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, Neteller

Payout ratios

BigOption offers generous payout ratios of up to 85% for normal trading. If trades close out of the money, traders are still entitled to a 10% rebate. For higher returns, traders can use the one touch options trades which offer payouts up to 500%.

Platform

Platform type: SpotOption

Platform Languages: English, French, Turkish, Arabic

OS Compatibility: Mac OS, iOS, Windows

Streaming News Feed: Yes

Email Alerts: Yes

Mobile Alerts: No

Trading Accounts

BigOption offers five different types of trading accounts to suit different categories of traders:

Micro Account:

  • For novice traders with 20% welcome bonus. 
  • Starting deposit is $200-$250
  • Access to Daily Market Reviews
  • Access to BigOption Academy

Basic Account:

  • For more experienced traders with welcome bonus up to 50%.
  • Starting deposit is $501-$2500
  • Access to Daily Market Reviews
  • Access to BigOption Academy
  • 10 Risk Free Trades
  • Personal Account Manager

Gold Account:

  • For semi-professional traders who trade with sophisticated tools.
  • The welcome bonus is up to 75%.
  • Starting deposit is $2501-$10000
  • Exclusive Daily Market Review Email
  • Advanced Guide to Trading
  • 15 Risk-Free Trades
  • Up to 75% Welcome Bonus
  • Personal Account Manager
  • Gold Trading Signals up to 2 weeks (worth $199)
  • Additional bonuses on every deposit
  • Weekly One-on-One session with a trading expert
  • Auto Trading Robot

Platinum Account:

  • For professional traders with high trading volume.
  • Welcome bonus is 100%.
  • Starting deposit is $10001-$50000
  • Exclusive Daily Market Review Email
  • Advanced Guide to Trading
  • 20 Risk-Free Trades
  • Up to 100% Investment Bonus
  • Personal Account Manager
  • Platinum Trading Signals up to 2 months (worth $599)
  • Additional bonuses on every deposit
  • Daily One-on-One session with a trading expert
  • Advanced Auto Trading Robot

VIP Account:

  • For traders with specific trading needs. They can negotiate benefits with the account manager.
  • Starting deposit has to be above $50000

Payouts Percentage

500%

Withdrawal Options

Credit Card, Bank Wire Transfer, Neteller

Assets

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

Available Support

email

phone

live support

training

tickets

General Info

BigOption is a UK-based binary broker that uses the advanced SpotOption Gen 2 platform.

Company Email

support@bigoption.com

Contact No.

SmartScore™

OUR SCORE 7.5

User Satisfaction

CUSTOMER EXPERIENCE 100%

Minimum Deposit

$250

Accepts US Clients

No

Comission

No

Place Trades Over Phone

No

Located In

Malta

Trade Types

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.

Deposit Options

Credit Card, Bank Wire Transfer, Skrill

Payout ratios

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

Platform

Platform type: Tradologic

Platform Languages: English, German, French, Swedish

OS Compatibility: iOS, Windows, Android

Streaming News Feed: No

Email Alerts: No

Mobile Alerts: No

Trading Accounts

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.

Payouts Percentage

89%

Withdrawal Options

Credit Card, Bank Wire Transfer, Skrill

Assets

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

Available Support

email

phone

live support

training

tickets

General Info

Option888 is an ideal broker for both novices as well experienced traders to trade binary options and analyze a wide range of assets.

Company Email

support@option888.com

Contact No.

IQ Option

Partner

This product is our partner, which means they paid for being featured as one of the suggestions. Our team takes great care to ensure all sugested products are reliable, top-quality solutions.

SmartScore™

OUR SCORE 8.5

User Satisfaction

CUSTOMER EXPERIENCE 99%

Minimum Deposit

$10

Accepts US Clients

No

Comission

No

Place Trades Over Phone

No

Located In

Malta

Trade Types

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.

Deposit Options

Credit Card, Bank Wire Transfer, Skrill

Payout ratios

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

Platform

Platform type: In-house

Platform Languages: English, Spanish, Russian, Chinese, Arabic

OS Compatibility: Mac OS, Windows, Android

Streaming News Feed: No

Email Alerts: Yes

Mobile Alerts: Yes

Trading Accounts

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.

Payouts Percentage

89%

Withdrawal Options

Credit Card, Bank Wire Transfer, Skrill

Assets

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

Available Support

email

phone

live support

training

tickets

General Info

IQ Option has used the latest technologies to create a trading platform that gives its clients an easy, smooth, and fun trading experience.

Company Email

support@iqoption.com

Contact No.

Please pay attention to the fact that even though both BigOption and Option888 may offer an excellent array of features each service might be created for a different business size. If you are studying different apps you may want to pay attention to a company type they are catering to. Certain features could scale up well for large enterprises but if you run a small or mid-sized company it’s frequently better to refrain paying for complex features that you might never have a chance to use.

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