MENU
GET LISTED
GET LISTED
SHOW ALLPOPULAR CATEGORIES

Compare OptionBit vs. Option888

Getting the best binary option trading srevice for your organization is difficult with too much features, choices, and terms to check. On the other hand, relying on our website will make it possible for you to simplify the necessary steps by showing all major providers in a single location. As an illustration, you can contrast OptionBit and Option888 for their tools and overall scores, namely, 8.0 and 7.5, respectively. Furthermore, you can compare which broker has better general user satisfaction rating: 100% (OptionBit) and 100% (Option888) to determine which solution is the better choice. Don’t simply pick the service with the lowest minimum deposit, but the solution that offers the most cost-effective value.

Compare

OptionBit

VS

Option888

VS

Our Score

Our Score

8.0 ?

Our Score

7.5 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$250

Accepts US Clients

Advertising

Full Review

Description

OptionBit’s trading platform offers a wide range of useful resources and tools. It is user friendly and provides a “My Trades” box that indicates open trades.

OptionBit offers a range of advanced trading tools for a successful trading experience. All tools are available when trading currency digital trades only. You will be able to activate and use the trading tools starting five minutes after entering the trade and until 10 minutes before expiry. The trading tools offered are ‘Close’, ‘Extend’, and ‘Auto Trade’.

This broker also offers mobile apps compatible with Android and iOS platforms to enable trading on the go.

Option888’s uses the popular Tradalogic trading platform which has been adopted by many other brokers. News and prices are downloaded live from Reuters, which means their relevance is guaranteed. The platform is simple to use and requires no training, therefore even laymen can use it without problems.

Place Trades Over Phone

No
No

Withdrawal Options:

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

Located In

Cyprus Malta

Assets

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

Payout ratios

OptionBit allows you to earn a payout of up to 400% on your investment.

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

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers Credit Card, Bank Wire Transfer, Skrill
Advertising

Trade Types

OptionBit offers the following trade types: one touch, autotrader, and classic. The broker’s Tradologic trading platform includes the following trading types: regular above/below binary options, touch trading and range, as well as “extend” and “close now” features. Option types offered on the website are digital, one touch, touch/no touch, range, and turbo.

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.

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian
Customer Service Hours: OptionBit provides 24-hour 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

Email

support@optionbit.com support@option888.com

Comission

No
No

Phone

0044 (0) 203 150 0934 +441785472000

Platform

Platform type: Tradologic
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
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

Payouts Percentage

81%

89%

Trading Accounts

OptionBit offers four types of trading accounts:

Mini Account

  • Minimum deposit is $200
  • Welcome bonus up to 30%, loyalty bonus up to 30%
  • eBook on binary options trading and trading with OptionBit
  • Personal trading analyst
  • Free trading alerts
  • Daily market review
  • Account manager
  • Training materials like financial charts and webinars
  • One free monthly withdrawal

Standard Account

  • Minimum deposit is $1000
  • Welcome bonus up to 50%, loyalty bonus up to 100%
  • All features of Mini Account, plus:
  • Soft copies of digital lessons
  • Market reviews twice daily
  • One on one trading sessions up to 5 times every day

VIP Account

  • Minimum deposit is $10,000
  • Welcome bonus up to 75%, loyalty bonus up to 100%
  • All features of Standard Account, plus:
  • Two free withdrawals per month
  • Unlimited one on one trading sessions
  • Market expert to handle your account personally

Diamond Account

  • Minimum deposit is $50,000+
  • Contact the broker for information

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.

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
Advertising

Product Comparisons

Compare with OptionFair
Compare with GTOptions
Compare with Nordex Trading
Compare with 24bulls
Compare with OptionsClick
Compare with BeeOptions
Compare with First Binary Option Service
Compare with 10trade
Compare with uBinary
Compare with Redwood Options
Compare with 24bulls
Compare with Beast Options
Compare with AAoption
Compare with OptionTrade
Compare with Nordex Trading
Compare with FMTrader
Compare with BinaryBook
Compare with Finpari
Compare with OptionsXO
Compare with Ayrex

Page last modified

It may not always be sufficient to simply compare OptionBit and Option888 with one another. While useful functionalities, pricing plans and customer comments are all crucial and should be considered when making a final choice, you should also check out the recognition and awards won by each product. Frequently a less known software may turn out to be an excellent choice that was distinguished with industry awards such as our Supreme Software Award which shows that regardless of limited market presence it’s a worthy rival to the solutions that rule the market.