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Product uBinary vs. Option888

Selecting the best binary option trading srevice for your organization is difficult with too much features, options, and terms to take note of. On the other hand, relying on our review directory will allow you to streamline the necessary steps by reading all major services in a single location. For instance, you can compare uBinary and Option888 for their tools and overall scores, in this case, 8.4 and 7.5, respectively. Similarly, you can check which broker has better general user satisfaction rating: 100% (uBinary) and 100% (Option888) to determine which solution is better. Don’t simply start using the solution with the lowest minimum deposit, but the one that gives the best value.

Product

uBinary

VS

Option888

VS

Score

Our Score

8.4 ?

Our Score

7.5 ?

Client Experience

Client Experience

100% ?

Client Experience

100% ?

Minimum Deposit

$250

$250

Accepts US Clients

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Full Review

Description

uBinary’s ParagonEX trading platform is a refreshing change from the usual SpotOption platform deployed by the majority of binary traders. It carries a number of features and is intuitive and very fast as well.

The ParagonEX platform is more exclusive than typical trading platforms and it offers a really unique look and feel in comparison to them. The platform itself supports both Android and Apple iOS systems and mobile apps are offered free of charge. Keep in mind though, that the web platform requires a 64-bit browser in order to function at 100% capacity. 32-bit browsers such as Chrome will limit access to the professional charts that call for a Java plugin compatible exclusively with 64-bit browsers. The platform offers 74 assets in stocks, indices, commodities, and currencies.

Option888’s uses the popular Tradalogic trading platform that has been supported by a wide range of other brokers. News and prices are downloaded live from Reuters, so their relevance is guaranteed. The platform is simple to use and calls for no training, so even newbies are able to start using it without difficulty.

Trade Types

uBinary offers the following trade types:

  • Above/Below
  • 60 Seconds
  • Speed Trading
  • Option Builder
  • Long Term

 

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.

Phone

4420 3695 9422 +441785472000

Payout ratios

uBinary offers payout up to 95%.

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

Place Trades Over Phone

Yes
No

Deposit Options

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

Payouts Percentage

95%

89%

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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

Trading Accounts

uBinary offers five types of trading accounts:

Micro Account $250 – $499 deposit

  • $20 Minimum Stake
  • 20% Bonus
  • Free Training
  • Free Signals – 14 Days
  • Up To 70% Payout
  • Trader Protection Insurance

Mini Account $500 – $999 deposit

  • $20 Minimum Stake
  • 25% Bonus
  • Free Training
  • Free Signals – 30 Days
  • Advanced Guide
  • Up To 75% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Standard Account $1,000 – $4,999 deposit

  • $50 Minimum Stake
  • 30% Bonus
  • Free Training
  • Free Signals – Unlimited
  • Advanced Guide
  • Personal Broker
  • Up To 80% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Gold Account $5,000 – $9,999 deposit

  • $150 Minimum Stake
  • 40% Bonus
  • Free Training
  • Free Signals – Unlimited
  • Personal Broker
  • Advanced Guide
  • Up To 90% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Platinum Account $10,000+ deposit

  • $250 Minimum Stake
  • Up to $5,000 Bonus
  • Free Training
  • Free Signals – Unlimited
  • Personal Broker
  • Advanced Guide Guide
  • Up To 95% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

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.

Email

ubinary@ubinary.com support@option888.com

Comission

No
No

Located In

London, United Kingdom Malta

Platform

Platform type: ParagonEX
Platform Languages: English, Russian, Arabic
OS Compatibility: iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: No
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

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

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian, Arabic
Customer Service Hours: uBinary offers 24-hour customer support.
Place Trades Over the Phone?: Yes
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, German, French, Swedish
Customer Service Hours: 24h
Place Trades Over the Phone?: No

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer, Neteller Credit Card, Bank Wire Transfer, Skrill
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Almost as important as functionalities and customer support quality are pricing options provided by uBinary and Option888. Even though pricing should not be the only aspect it’s surely an important thing to consider. You should look for a flexible pricing plan that can be matched with your team size and painlessly scaled up if your business grows. Make sure you don’t opt for pricing plans that include additional functionalities that you won’t use and always try to get in touch with the vendor directly as big companies can usually count on more affordable prices. You should also try out a free trial or demo of every product to spend at least some time working with it. It’s a useful experience that doesn’t require you to spend any money and gives you a solid overview of what it feels like to work with uBinary and Option888.