Option888 Review 2025
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Updated:
Reason to avoid: No License
Listed Date: November 23, 2018
Top 3 Forex Brokers
Beware Option888 is a Non-Licensed Broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: No License
Listed Date: November 23, 2018
Beware Option888 is a Non-Licensed Broker. It is NOT SAFE to trade.
Option888 has been suspected as a scam broker. The information the broker provides on its website on its location and regulation is quite confusing. Research shows, that Option888 simply does not have and license, thus being an unreliable broker for investments.
🗺️ Registered in | Republic of Samoa |
🗺️ Type of License | No License |
🛡️ Is Option888 safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
At Option888 is a trading name and brand used by Capital Force Ltd, with its stated location in the Republic of Samoa. The broker stated their combination of a modern, user-friendly platform with the latest advancements in online technology, to give our users a fast, responsive and accurate trading experience with guaranteed execution and accurate times. Moreover, Option888 mentions its run of offices worldwide including offices in London, Sweden, Malta, Germany, Holland, Spain, and France, while the broker has managed to become the largest Forex broker (Read BDSwiss review, which is one of the largest trading companies) serving Europe, Oceania, and the Middle East.
In addition, the broker was banned and warned by Europe at authority as they are not authorized to offer their business.
“Option888 is not entitled to provide investment services or banking services in Austria that require a license. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others (Art. 1 para. 1 no. 7 BWG), nor to provide commercial portfolio management
In conclusion, you better avoid Option888 and choose among the brokers that are regulated, while their promises are overseen by the authorities. There are many brokers to choose from, thus select from ASIC Regulated brokers or similar entities (Read about ASIC Regulated GO Markets & Axitrader).
Based on our research, the Option888 website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.
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