V8Options has shut down their operations in binary options trading.
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There is a new broker that has a dynamic and fast paced approach as far as binary options trading is concerned and that web broker is V8options. They are definitely a site that will allow those that trade with them to live life in the binary options fast lane but at the same time they also offer those that trade with them some professional tools that allow them to do so with some helpful risk management. It is a website that is not for everyone but if you like exciting trading that is definitely not boring you have come to the right site.
Online since: 2013
Jurisdiction: New Zealand
Max Returns: 86%
Minimum Deposit: $250
Minimum Investment: $10
Maximum Investment: $1000
Currencies: USD, EUR
Countries: All but US and New Zealand
– Includes several risk management tools
– Fast paced for those who like trading excitement
– It is a highly regulated website
– Many in-trade features that can increase payouts
– Allows for the hedging of trades
– Supports a wide variety of deposit and withdrawal options
– Allows a large selection of nationalities to trade with them
– No demo account
7 Binary Options Rating:
V8options Special Features
They are a regulated broker that falls under the strict guidance of New Zealand binary options trading rules. This means that those that trade with V8options don’t have to worry that their money is safe and can just go about their trading because they know there money is protected by law.
There are also several different account types that are available to traders on V8options. Here is a little bit about the different account levels on the website:
- Bronze Account
This account level is where a trader will start when they deposit between $250 – $999. This will allow the trader access to V8options trading academy information, entitle the trader to a 10% signup bonus and allows them access to the social trading feature on the website also.
- Silver Account
This account level is where a trader will start when they deposit between $1000 – $4999. This will allow the trader access to V8options trading academy information, entitle the trader to a 25% signup bonus, gives the trader access to their strategiX feature, includes 1 on 1 trading sessions and allows them access to the social trading feature on the website also.
- Gold Account
This account level is where a trader will start when they deposit between $5000 – $9999. This will allow the trader access to V8options trading academy information, entitle the trader to a 50% signup bonus, gives the trader access to their strategiX feature, includes advanced 1 on 1 trading sessions and allows them access to the social trading feature on the website also.
- VIP Account
This account level is where a trader will start when they deposit over $10,000. This will allow the trader access to V8options trading academy information, entitle the trader to a 100% signup bonus, gives the trader access to their strategiX feature, includes advanced 1 on 1 trading sessions, includes an extra1% on payouts and allows the trader access to the social trading feature on the website also.
The bonus trading turnover is twenty to fifty times the original deposit depending on the amount of the initial bonus.
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V8options Trading Software and Assets
Like most sites from New Zealand its trading platform uses the very good TradeSmarter software for its trading platform. It is a web broker that has designed its site to help their traders minimize risk while at the same time constantly improving their trading efficiency. Although there are only a limited number of assets available to trade, there are so many different options when trading it seems like there are a lot more. There are numerous in trade modifications that can be done that have the potential to help raise return on investments significantly if done right too.
The option choices featured on the website include: high/low options, 60 second options and the innovative weekend options with the StrategiXfeature. Weekend options are unique options that are placed on Saturday and the trade expires the following Tuesday; this allows traders to sort of hedge their trades that were opened before the start of the weekend.
There innovative double up feature is a very nice opportunity to increase trading profits even further without increasing risk a lot. It will enable the trader to continue to capitalize on a correctly chosen asset trend prediction.
A feature called “sell back” is a tool that works just the opposite of double up. It allows the trader to realize a mistake and get some of their investment back rather than lose everything on they trade they had taken. It also gives the trader the option to take less money on a trade that is going favorably instead of taking a chance that it will not finish in the money at expiration.
The trading platform also allows for a risk level adjustment by selecting a lower payout for a trade. This is especially helpful on those trades that are based on hunches rather than total technical analysis. In many of the trades an investor can salvage as much as 15% of a losing trade by doing this.
The hedge feature that was mentioned does exactly what its name implies. It will actually make a trade that is exactly the opposite of the one you had placed so if the trade does end up out of the money you will be able to cut your losses.
V8options trading platform is not only innovative but it has a lot of customizable features; each trader has some say on what information is displayed on the screens as they are placing their trades. It has unique features that aid both beginner traders and advanced binary options traders as well.
V8options Customer Service and Banking
Overall the customer support on the website was excellent. The only drawback we found was that the phone support was not 24/7 as claimed. The others were all supported 24/7 and they included live chat, email and Skype support. Their FAQ section was very thorough to say the least too.
Once again it is important to remind everyone that those who trade with New Zealand regulated brokers will ever have to worry about that site failing because their money is protected. Among the initial deposit options are Visa, MasterCard, CashU, Neteller, iDeal, Giro Pay, Maestro and bank wire transfer. That is a pretty extensive list of options that should be able to accommodate just about any broker.
Most of the withdrawals have no restrictions and are free but the exception is the $30 the site charges for bank wire transfers. Processing usually takes anywhere from 3 to 10 days.
Our Final Thoughts on V8options
If you are faint of heart then this is not the website for you; but if you like controlled risk taking, lots of options and action packed, fast paced trading, then V8options is perfect for you.It is a website that also has ways to help you minimize risk and it will also help you upgrade your trading by using their excellent educational tools. We have no problem at all recommending this website for our readers to try.
Customer Service: Live Chat / email: email@example.com
Languages: English, French
Trading Options: Currencies, Stocks, Indices & Commodities
Option Types: High / Low, 60seconds, Long Term, Option Builder, Touch Options, StrategiX
Expiry Times: 60 sec, 5min, 15 min, 30 min, 24h
Deposits and Withdrawals: Visa, MasterCard, Bank Wire, Skrill (Moneybookers), iDeal, Maestro, Visa Electron, WebMoney, Bank transfer
Withdrawal Time: 1-2 bank days
Demo account: No