OPTION888 Spreads, leverage, minimum deposit Revealed
WikiFX | 2025-01-03 16:37Abstract：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.
Note: OPTION888's official website - https://www.option888.com/ is currently inaccessible normally.
| OPTION888 Review Summary | |
| Founded | 2014 |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, precious metals, commodities, indices, stocks |
| Demo Account | ✅($500 in virtual funds) |
| Leverage | / |
| Spread | Average 2.0 pips |
| Trading Platform | Tradologic |
| Min Deposit | $200 |
| Customer Support | 24/7 support |
| Tel: +357 25262710 | |
| Email: info@afxgroup.com, support@option888.com | |
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 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.
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