Binary8 Review

Binary8
25% to 100% on first deposit
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Overview

Binary8 company information Binary8 is a new binary options broker founded in 2009 run by forex analysts and experienced binary options traders focusing mainly on Chinese binary option traders, the… more

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Details

Broker Binary8
Website URL www.binary8.com
Founded 2009
Headquarters Go Trading Technologies, 3rd floor, C&H Towers, Corner Of Great Marlborough And Great George Streets, Roseau, 00152 Commonwealth of Dominica
Support Number +44 203 769 0183
Support Types phone, fax, live chat, email: support@binary8.com
Languages English, Chinese
Trading Platform Finantick
Minimum 1st Deposit $250
Minimum Account Size $250
Minimum Trade Amount $5
Maximum Trade Amount $1500
Bonus 25% to 100% on first deposit
Payout up to 90%
Free Demo Account Open Demo
Commissions Yes
Commission Info No hidden fees or commissions
Account Types demo, basic, plus, premium, ultimate
Deposit Methods credit cards like VISA, MasterCard and American Express, wire transfer, UnionPay, Skrill/Moneybookers and Neteller
Withdrawal Methods credit cards like VISA, MasterCard and American Express, wire transfer, UnionPay, Skrill/Moneybookers and Neteller
Trading Methods Double Up, Buy me Out, Early Sell
Number of Assets 100+
Expiry Times 30 seconds, 60 seconds, 120 seconds, 5 minutes, 10 minutes, 1 hour, 2 hours, 4 hours, 1 day, 1 week, 1 month, 1 year
Types of Assets forex pairs, commodities, indices and stocks
Option Types classic high/low binary options, One Touch Options, Ladder Options, Range Options, long term Options, Turbo Options
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 8.5

Full Review

Binary8 company information

Binary8 is a new binary options broker founded in 2009 run by forex analysts and experienced binary options traders focusing mainly on Chinese binary option traders, the platform is also available in English, though. Binary8 runs on the Finantick binary options trading platform and is designed in a very user friendly and easy to understand way. The minimum initial deposit requirement for new accounts on Binary8 is $250 and the minimum investment per binary option is $5. Using the binary option trading platform traders can buy or sell options on commodities like silver, gold and oil, stocks, forex or currency pairs and indices.

Binary8 how to buy or sell a binary option

Buying (calling) or selling (putting) a binary option on the Binary8 binary options trading platform is very simple and done within 4 simple steps as you can see from the image below.

Binary8 how to trade binary options

Binary8 deposits and withdrawals

Customers can deposit funds to their Binary8 account by using credit card, wire transfer, UnionPay, Skrill/Moneybookers, Neteller and several other e-wallets. Binary8 gives new binary option traders a welcome bonus on their first deposit to bring good luck. The Binary8 welcome bonus ranges from 25% to 100% and has to be played through by wagering it’s volume 40 times. Withdrawing funds from Binary8 goes quick within 48 hours after request. One of the most common complaints mostly on scam brokers is that the broker doesn’t pay out any winnings. Binary8 is a responsible and reliable broker with enough capital and always pays out its customers. Binary8 has no known scam history whatsoever.

Binary8 account types and loyalty program

Binary8 has a loyalty program for returning customers and has several different accounts available for different traders. The Binary8 loyalty program includes 1-on-1 trading sessions, live trading sessions, weekly strategy trainings and more.

Binary8 account types

Binary8 auto trading and trading signals

From time to time Binary8 offers trading signals which traders can use to make better trades and have more chance on higher profits. At this moment auto trading software like Binary Option Robot is compatible with Binary8 which makes it possible to trade binary options completely automatic using the auto binary options trading system.

Binary8 customer service

The Binary8 customer service is available by phone, fax, email, web contact form and live chat in English and Chinese. The main Binary8 phone number for English speaking customers is +44 203 769 0183. During this review I tested the live chat function and I have to say the response was quite quick (1minute) and my questions where answered correctly and in a matter anyone new to binary options trader would understand.

Binary8 comparison with other brokers

When I compare Binary8 with other binary option brokers a few things come in to mind. At first the uniqueness of the platform. No other binary options broker uses the same platform which is always a good thing as Binary8 definitely wants to be unique and a special binary options broker. The high payouts on standard binary options of about 80% are well within industry standard, which is always important as nowadays there are binary options broker with payouts as low as 65%. The maximum payout I have encountered on Binary8 is 90% on certain indices which is really high compared to other binary brokers. I also like the way the trading platform and user interface looks. With clear asset information and payout information in the middle of the screen with the rest of the navigation to the left side. Sometimes when I test other binary option brokers the layout of the trading interface is not optimal, this is definitely not the case with Binary8.

Binary8 Open account for free

To open a Binary8 trading account simply visit the website and fill in the registration form.

binary8 account open form

✓ Available in Chinese and English

✓ One Touch options, Range options, Ladder options, Pair options and Turbo options available

✓ Withdrawal requests processed within 48 hours

✓ Binary option trading features like Buy me Out, Double Up and Roll Over available

✓ 200+ different assets available including stocks, forex pairs, commodities and indices

 

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Decleration:
I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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