Score

1.55 /10
Danger

OPTION888

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.34

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Warning: Low score, please stay away!
Previous Detection : 2025-02-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

OPTION888 · Company summary

Note: OPTION888's official website - https://www.option888.com/ is currently inaccessible normally.

OPTION888 Review Summary
Founded2014
Registered Country/RegionUnited Kingdom
RegulationNo regulation
Market InstrumentsForex, precious metals, commodities, indices, stocks
Demo Account($500 in virtual funds)
Leverage/
SpreadAverage 2.0 pips
Trading PlatformTradologic
Min Deposit$200
Customer Support24/7 support
Tel: +357 25262710
Email: info@afxgroup.com, support@option888.com
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OPTION888 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 productsInaccessible website
Demo accountsNo regulation
Popular payment optionsSingle account type
24/7 supportWide 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!

Domain information

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 PlatformSupported Available Devices Suitable for
TradologicWeb/
MT4/Beginners
MT5/Experienced traders
Tradologic platform

Deposit and Withdrawal

The broker accepts payments via VISA and MasterCard credit cards, wire transfer, Skrill, and Paysafecard.

User Reviews

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User comment

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Comments

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Mr'chen
more than one year
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.
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.
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2023-03-30 10:41
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