OPTION888 foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.option888.com/, about the company's legal and temporary regulatory information, the company's address .
OPTION888 Forex Broker
Basic information
United Kingdom
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note: OPTION888's official website - https://www.option888.com/ is currently inaccessible normally.
OPTION888 Review SummaryOPTION888 Information
Founded in 2014, OPTION888 is an unregulated broker registered in the United Kingdom, offering trading on forex, precious metals, commodities, indices, and stocks with average spread of 2.0 pips via the Tradologic trading platform. Demo accounts are available and the minimum deposit requirement to open a live account is as high as $200.
Pros and Cons
| Pros | Cons |
| Various trading products | Inaccessible website |
| Demo accounts | No regulation |
| Popular payment options | Single account type |
| 24/7 support | Wide spreads |
| No MT4/MT5 platform | |
| High minimum deposit requirement |
Is OPTION888 Legit?
No. OPTION888 currently has no valid regulations. Please be aware of the risk!
What Can I Trade on OPTION888?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious metals | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Option888 provides a standard account only. The standard account requires a minimum deposit of $200 and has a maximum deposit limit of $5,000.
Spread
Option888 provides an average spread of 2.0 pips.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Tradologic | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments via VISA and MasterCard credit cards, wire transfer, Skrill, and Paysafecard.
FX1458887394
Indonesia
I've used OPTION888 not long ago, and I gotta say, it's not too shabby for small trades. But let me tell ya, don't go dumping all your cash into this thing, 'cause it ain't regulated. That being said, overall the trading experience here is pretty decent. The spreads aren't the lowest I've ever seen, but they're not exorbitant either. And when it comes to withdrawing your funds, that process has been pretty smooth for me so far.
Neutral
2023-03-30