V8Options is a new school broker with an old school look. If you’ve been trading for a while you will know what I mean. The website has a classic lay out much different from the glitz and glam you find on other website. What it also has is some of the best binary options trading around. The broker is built on the Tradesmarter platform which provides a full asset list, versatile trading, high pay-outs and social trading to boot. The company is owned by AON Trader LTD, based and regulated in New Zealand, Financial Service Provider Registration #FSP325466. They accept traders from around the world but not the US.
The Geek’s Review Of V8Options
V8Option may have a corny name but that doesn’t stop them from providing a truly super-charged trading experience. To start off, the broker is regulated. It is based in New Zealand, licensed and regulated as a Financial Service Provider and member in good standing of Financial Services Complaints LTD. The platform is top notch and I’m not just saying that. Trade execution is quick and reliable, the banking is safe.
V8Options has a full asset list and extensive line of standard and exotic binary options. Options are divided into three categories; Turbo, High/Low and StrategiX. Turbo options are standard high/low with super short expiry like 60 seconds, 2 minutes and 5 minutes. The High/Low options are the same except with longer expiry. Expiry is one place where this platform shines. There are 15, 30 and 60 minute expiry as well as intraday, end of day, tomorrow, end of week, next week and out for 3-6 months on the most heavily traded assets. Expiry is also enhanced by a Sell Back feature that allows for early closure on high/low trades. Be sure and notice how the charts can be displayed in candle sticks, very nice in my opinion.
StrategiX is where you will find the exotic binary options including High/Low spread, Range, Touch and No Touch options. All four options are available from the same screen, with different payouts for each. The strikes can be adjusted with a simple toggle bar to increase/decrease risk and pay-outs. This feature provides opportunity for up to 400% returns. Weekend options are also available and trade Saturday and Sunday when all markets are closed. Expiry is the following Tuesday and generally require significant market movements. Payout for these is upward of 100%.
Banking With V8Options
Banking with V8Options is safe and reliable. The broker is regulated, holds your money in segregated accounts and all issues are backed up by Financial Services Complaints LTD. Deposit methods include credit card, wires and Skrill/MoneyBookers. Skrill/MoneyBookers is the recommended method. Minimum deposit is $250 USD, EUR, GBP or AUD. Skrill and CC deposits are available for immediate use, wires may take up to a week to clear and all forms of deposit require account verification.
Withdrawals are easy. They can be requested directly from your account and can be made back to your CC, wire or eWallet of choice. CC withdrawals are limited to the initial amount but free, wires cost $30 and eWallet is free except for fees charged by Skrill etc. There is no minimum withdrawals amount and you can withdraw as many times in one month as you are able.
V8Options has a wide range of bonuses. These include Trade Insurance up to 50% of deposit, cash match, Risk Free Trading and pending bonuses all of which come with unique requirements. All require a turnover limit the lowest is for Trade Insurance at 15X deposit and bonus, the highest is for cash match bonuses over 100% at 35X.
V8Options Social Trading
This broker and platform has several features for social trading binary options. The first is a live feed of trades as they are being made. This can give you ideas for trades as well as a feel for what the market is doing. The feed can also be used to help identify top traders you may want to follow. The second feature is the Social Charts. This is an active chart the displays trades being made on your chosen asset as they are being made and another source of trade signals. A Trader Sentiment chart is also made handy. It lists the ratio of bulls to bears by asset.
The best part of the social network is that there is a social network. The platform supports trader profiles and you can also log in with Facebook for added benefit. The profiles allow traders to provide information about themselves and to connect with others on the network for signals, tips and advice.