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Compare IQ Option vs. Option888

Choosing the best binary option trading srevice for your business is hard with various features, options, and offers to choose from. On the other hand, depending on our review directory will make it possible for you to cut down the selection steps by displaying all major services in a single location. For example, you can match IQ Option and Option888 for their functions and overall scores, in this case, 8.5 and 7.5, respectively. Similarly, you can compare which broker has higher general user satisfaction rating: 99% (IQ Option) and 100% (Option888) to learn which solution is the better option. Don’t simply choose the platform with the most attractive minimum deposit, but the platform that has the best value for your money.

Compare

IQ Option

VS

Option888

VS

Score

Our Score

8.5 ?

Our Score

7.5 ?

Client Experience

Client Experience

99% ?

Client Experience

100% ?

Minimum Deposit

$10

$250

Accepts US Clients

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Complete Review

Description

IQ Option’s trading platform differs from most generic platforms. Asset selection is done using a tab system placed on top of the price chart. A drop-down list placed on the right side of the tabs offers more assets.

There are action buttons for the option types (Call/Put) you want to buy. IQ Option offers predefined amounts such as $10, $20, etc. that you can choose. Alternatively, you can also key in the amount in the amount box. The personal cabinet section shows your banking transactions and trading history. It also hosts the customer support option. The trading platform also supports mobile trading with iOS and Android apps.

Option888’s makes use of the popular Tradalogic trading platform that has been supported by a variety of other brokers. News and prices are downloaded live from Reuters, so their relevance is guaranteed. The platform is straightforward to use and requires no training, therefore even laymen can start using it without difficulty.

Trade Types

You can choose between the classic High/Low binaries and the faster Turbo trade feature.

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.

Place Trades Over Phone

No
No

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

Phone

74956680633 +441785472000

Withdrawal Options:

Webmoney Credit Card, Bank Wire Transfer, Skrill
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Payout ratios

Returns can go as high as 92%.

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

Located In

Cyprus Malta

Email

support@iqoption.com support@option888.com

Trading Accounts

IQ Option offers a free demo account and two types of trading accounts:

Real: Minimum deposit is $10

  • Bonuses up to 80% on each deposit
  • Up to 45% return in case of a wrong prediction
  • Over 70 assets

VIP: Minimum deposit is $1000

  • Bonuses up to 100% on each deposit
  • Up to 60% return in case of a wrong prediction
  • Over 70 assets

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

Webmoney, PayPal, Credit Card, Bank Wire Transfer, Skrill, Neteller Credit Card, Bank Wire Transfer, Skrill

Payouts Percentage

92%

89%

Customer Service

EMAIL PHONE NO.
TICKETS
Customer Support Languages: English, Spanish, Russian
Customer Service Hours: IQ Option offers customer support from 9:00 AM to 11:00 PM
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

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
Platform type: Tradologic
Platform Languages: English, German, French, Swedish
OS Compatibility: iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No

Assets

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

Comission

No
No
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Almost as important as functionalities and user support responsiveness are pricing options given by IQ Option and Option888. Although cost should not be a deciding factor it’s without a doubt a key thing to consider. You should count on a flexible pricing package that can be adjusted to your business size and painlessly scaled up every time your team expands. Be sure that you don’t choose pricing plans that include extra functionalities that you won’t find a use for and always try to contact with the vendor directly as enterprises can usually benefit from more affordable prices. You should also give a chance to a free trial or demo of each software to spend at least some time working with it. It’s a helpful experience that doesn’t need you to pay any money and offers a practical overview of what it’s like to work with IQ Option and Option888.