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Software OptionFair vs. Option888

Selecting the right binary option trading srevice for your company is difficult with a lot of functions, options, and offers to check. On the other hand, depending on our review platform will allow you to cut down the necessary steps by reading all major providers in one location. For instance, you can match OptionFair and Option888 for their tools and overall scores, namely, 8.1 and 7.5, respectively. Furthermore, you can check which broker has higher general user satisfaction rating: 71% (OptionFair) and 100% (Option888) to find out which one is the better choice. Don’t simply start using the platform with the most attractive minimum deposit, but the one that offers the most cost-effective value.

Software

OptionFair

VS

Option888

VS

Our Score

Our Score

8.1 ?

Our Score

7.5 ?

Client Experience

Client Experience

71% ?

Client Experience

100% ?

Minimum Deposit

$200

$250

Accepts US Clients

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Complete Review

Description

The trading platform offered by OptionFair is created by OptionFair’s sister company called TechFinancials. The platform has been created with an idea to provide the optimal interface and tools for binary options trading. The platform itself supports a wide range of financial instruments and assets. The team of TechFinancials has developed a series of complex pricing algorithms, which enables them offer the technology able to power an unmatched number of financial instruments. TradeFinancials platform is managed by experts in binary options trading who use their knowledge and experience to make sure you can invest and trade safely and effectively.

Option888’s makes use of the popular Tradalogic trading platform which has been adopted by a variety of other brokers. News and prices are acquired live from Reuters, which means their relevance is guaranteed. The platform is simple to use and needs no training, so even beginners can take to it without any challenge.

Assets

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

Deposit Options

MoneyGram, Credit Card, Debit Card, Bank Wire Transfer, Western Union, Moneybookers Credit Card, Bank Wire Transfer, Skrill

Comission

No
No

Email

customercare@optionfair.com support@option888.com

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Spanish, French, Italian, Arabic
Customer Service Hours: OptionFair provides a full 24/7 customer service
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

Withdrawal Options:

Credit Card, Bank Wire Transfer, Western Union, Moneybookers Credit Card, Bank Wire Transfer, Skrill
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Platform

Platform type: Tech Financials
Platform Languages: English, Spanish, German, French, Chinese, Italian, Turkish, Arabic, Swedish
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No
Platform type: Tradologic
Platform Languages: English, German, French, Swedish
OS Compatibility: iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No

Located In

British Virgin Islands Malta

Place Trades Over Phone

No
No

Payouts Percentage

85%

89%

Trading Accounts

OptionFair offers five types of trading accounts:

Standard: Initial deposit is $250, up to 20% bonus

  • Additional profit is 0%
  • Binary Opitons eBook
  • Introductory financial expert session
  • 17 video tutorials
  • Minimum trade amount is 25 $/€/£

Silver: Initial deposit is $500, up to 40% bonus

  • Additional profit is 1%
  • Binary Opitons eBook
  • Daily Overview
  • 1 financial expert session per month
  • 31 video tutorials
  • Minimum trade amount 25 $/€/£

Gold: Initial deposit is $2,000, up to 60% bonus

  • Additional profit is 2%
  • Binary Opitons eBook
  • Daily Overview
  • 2 financial expert session per week
  • 44 video tutorials
  • Minimum trade amount 100 $/€/£

Platinum: Initial deposit is $15,000, up to 80% bonus

  • Additional profit is 4%
  • Binary Opitons eBook
  • Daily Overview
  • Unlimited financial expert sessions
  • 51 video tutorials
  • Minimum trade amount 200 $/€/£

VIP: Initial deposit is $50,000, up to 100% bonus

  • Additional profit is 6%
  • Binary Opitons eBook
  • Daily Overview
  • Unlimited financial expert sessions
  • Unlimited trading strategies
  • 51 video tutorials
  • Minimum trade amount 500 $/€/£

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

Payout ratios

Returns can go as high as 85%. You can get a 10% to 15% refund for losing trades.

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

Trade Types

OptionFair offers the following trade types:

  • High / Low Instrument: It allows you to decide if the price of an asset will go up or down
  • One Touch Instrument: Here you can choose if the price of an asset will touch a specific target price.
  • Boundary: It lets you choose if a given asset price is going to stay withing a given price range.
  • Short Term: It supports quick 60 second, 2 minute or 5 minute trades available with the with the short term option.

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

0044 203 5190373 +441785472000
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The apps compared on this page are only a small part of our entire Binary Options Brokers category and you should remember that there could be more desirable alternatives available. If you would like to ensure you make the optimal decision for your team we definitely urge you to test more solutions first. It may also be a good idea to study our top 10 Binary Options Brokers list to find out which services are now the highest-ranking ones and dominate the market.