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Compare Option888 vs HY Options

What is better Option888 or HY Options?

Selecting the most appropriate binary option trading srevice for your company is difficult with a lot of features, choices, and terms to choose from. However, relying on our review directory will help you to cut down the necessary steps by showing all major services in one place.

As an illustration, you can contrast Option888 and HY Options for their features and overall scores, namely, 7.5 and 8.0, respectively. Similarly, you can see which broker has better general user satisfaction rating: 100% (Option888) and 96% (HY Options) to determine which solution is better. Don’t simply start using the service with the lowest minimum deposit, but the solution that gives the best value.

We are aware that not all businesses have enough time to scrutinize a large number of various services, so we came up with a list of recommendations that you may find useful. Our top choices for the Binary Options Brokers category are: IQ Option, OneTwoTrade, GTOptions.

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.

SmartScore™

OUR SCORE 8.0

User Satisfaction

CUSTOMER EXPERIENCE 96%

Minimum Deposit

$100

Accepts US Clients

No

Comission

No

Place Trades Over Phone

No

Located In

Cyprus

Trade Types

HY Options offers six trade types:

  • Pair Options
  • One Touch
  • Long Term
  • Ladder Options
  • Day Options (High/Low)
  • 60 Seconds

Deposit Options

Credit Card, Bank Wire Transfer

Payout ratios

Maximum return is 82% on the standard options. There is no rebate for losing trades.

Platform

Platform type: SpotOption

Platform Languages: English, Arabic

OS Compatibility: Mac OS, iOS, Windows, Android

Streaming News Feed: Yes

Email Alerts: Yes

Mobile Alerts: Yes

Trading Accounts

HY Options offers three types of trading accounts:

Silver Account

  • Minimum deposit is $100
  • Offers introductory training and an account manager
  • Web/Mobile platforms

Gold Account

  • Minimum deposit is $2500
  • Offers trading reports and signals, market reviews, and advanced training
  • 1 professional account manager is assigned to the account
  • Web/Mobile Platforms

VIP Account

  • Minimum deposit is $10,000
  • Deposit bonus is 50%
  • Includes trading signals, market reviews, and professional training
  • Specialist account manager is assigned to the account
  • Web/Mobile Platforms

Payouts Percentage

82%

Withdrawal Options

Credit Card, Bank Wire Transfer

Assets

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

Available Support

email

phone

live support

training

tickets

General Info

HY Options is a reliable binary options broker that offers an ingenious trading environment to traders.

Company Email

info@hyoptions.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

Cyprus

Trade Types

HY Options offers six trade types:

  • Pair Options
  • One Touch
  • Long Term
  • Ladder Options
  • Day Options (High/Low)
  • 60 Seconds

Deposit Options

Credit Card, Bank Wire Transfer

Payout ratios

Maximum return is 82% on the standard options. There is no rebate for losing trades.

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

HY Options offers three types of trading accounts:

Silver Account

  • Minimum deposit is $100
  • Offers introductory training and an account manager
  • Web/Mobile platforms

Gold Account

  • Minimum deposit is $2500
  • Offers trading reports and signals, market reviews, and advanced training
  • 1 professional account manager is assigned to the account
  • Web/Mobile Platforms

VIP Account

  • Minimum deposit is $10,000
  • Deposit bonus is 50%
  • Includes trading signals, market reviews, and professional training
  • Specialist account manager is assigned to the account
  • Web/Mobile Platforms

Payouts Percentage

82%

Withdrawal Options

Credit Card, Bank Wire Transfer

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.

Both Option888 and HY Options were reviewed by a panel of independent SaaS experts who carried out a thorough examination of all core elements of each service. Their final rating was prepared using our unique SmartScore model that calculates an individual partial score to every component such as: main functionalities, client support, mobile support, security, user satisfaction and media presence. Here at FinancesOnline we know useful features are not the only thing important to a business so we do our best to pay attention to all facets of a service prior to calculating its final score.

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