V8 Options does offer three types of welcome bonus to their clients with the amount depending on the type of account opened. Their software is modern and easy to use by beginners and advanced traders alike and their customer support is excellent, available 24/7 via several convenient contact methods. Their choice of options is varied but not extensive, with only around 80 choices available.
V8 Options is a quality binary option broker which offers an advanced trading platform and which caters for clients at all levels of experience in a safe environment. Offering returns of up to 318% and a choice of option types including 30 second trades to suit those who prefer a fast paced trading environment, this broker offers a training academy to help its clients to maximise their potential as well as a great range of deposit and withdrawal options to suit all kinds of investors.
V8 Options is owned and operated by a New Zealand based company called Market Punter Ltd with a subsidiary company in London, UK. Although V8 Options does not appear to be a licensed or regulated broker, it does take care to ensure the safety of its clients funds by keeping all client funds in segregated accounts and by following a strict compliance procedure. They also use very strong encryption services across the website to ensure that all client personal and financial information is protected from cybercrime.
V8 Options only offers around 80 assets for trading including:
Currencies – 26
Commodities – 5
Stocks – 42
Indices – 13
Bonuses & VIP Programs
V8 Options does offer welcome bonuses at the broker’s discretion. There are three kinds of bonus available including:
Conditional bonus – up to 200% of the deposit amount depending on the amount deposited. To withdraw this bonus the client must have a trading volume of x 20 for a bonus of up to 50%, x 25 for a bonus of up to 100% and x 30 for a bonus of up to 200%.
Immediate bonus – up to 50% of the deposit amount depending on the amount deposited. In order to withdraw, clients must have a trading volume of x 15 for a bonus of up to 10%, x 20 for a bonus of up to 25%, x 25 for a bonus of up to 35% and x 30 for a bonus of up to 50%.
Risk Free Bonus – this is only available on the first trade and can only be withdrawn after a trading volume of x 30.
There is also a VIP level account which requires an initial deposit of $10,000 and offers perks such as unlimited one to one professional support, and an extra 1% profit on every payout.
V8 Options offers a convenient 100% internet based trading interface which allows seamless and speedy access as well as fast trade execution without the need for any installations or downloads of memory intensive software. This also means that traders are not tied to their PC and can access their trading account and place trades from any internet enabled device as long as they are connected to the web from any location in the world and at any time. They also have a mobile app for iOS and Android tablet and smartphone users which gives seamless access to the trading platform wherever the client goes to allow them to take full advantage of trading conditions at any time.
Deposits and Withdrawals
V8 Options offers an several payment options for making account deposits and withdrawals. These include:
- Bank transfer
The minimum deposit is $250 and the maximum deposit is $5000 for most methods but $10,000 for iDeal, WebMoney, Sofort or Giropay payments. Deposits are processed instantly when paying by certain methods, although payments via iDeal, WebMoney, Sofort and Giropay may take a few hours and payments via UnionPay and CashU take 2 working days. Bank transfers can take as along as 10 days to appear in the client’s trading account. No fees are charged on any type of deposit method.
Withdrawals are easy to action and attract no fees or commissions except a $30 fee when withdrawing by bank wire. Withdrawals can be made via credit card or debit card, Neteller or bank wire transfer with all types of payment taking up to 10 working days to appear in the client’s bank account.
The V8 Options client support team can be contacted via several methods to respond to queries and to resolve any issues which may occur.
- Live Chat
- Email (3 addresses including support, affiliates and banking)
- Web form
The website has a frequently asked questions section so that clients can immediately get an answer to all of the most common basic queries which are regularly posed.
Support is available 24 hours a day 7 days a week and the website is available in 2 languages – French and English.
Extra Features and Resources
V8 Options offers its clients excellent educational resources to help them to learn more about trading binary options. There are ebooks and video courses available to clients at all levels of experience as well as webinars and a glossary to explain all of the key trading terms. There is also a free demo trading service to get to grips with the platform and to experiment with trading techniques. There are several other excellent special features available through this broker including access to social trading and access to StrategiX for higher level account holders.
If you are considering choosing V8 Options as your preferred binary options broker, there are a number of positive factors to consider, however there are also some disadvantages too:
- Cutting edge trading software that is suitable for use by both experienced and novice traders
- 100% online trading interface requiring no installations or downloads
- Instant customer support via the live chat facility
- Multilingual website
- Strong SSL encryption
- Access to StrategiX for higher level account holders
- Educational resources
- Several account types to suit the needs of all traders
- 24 hour customer support 7 days a week
- VIP accounts with extra benefits
- Bonuses available
- Mobile trading app available for iOS and Android users
- Not licensed or regulated by any recognised body
- Only around 80 assets available
Can I trade with V8 Options using my mobile device?
Increasing numbers of traders are choosing to execute trades from their mobile devices like smartphones and tablets on a regular basis, so companies like V8 Options are mobile optimising their platforms to ensure that they offer seamless access to trading accounts and trade executions from any internet enabled device through the provision of a 100% web based platform. As no software needs to be downloaded or installed, it is possible to use the online trading interface on any type of Android or iOS device from anywhere in the world. V8 Options also have their own mobile app for iOS and Android users which can be downloaded free of charge enabling convenient on the move access to trading accounts.
Does it cost anything to register with V8 Options?
It does not cost the client anything to register with V8 Options and there are no hidden costs or fees to worry about.
Which currencies can I open a V8 Options account in?
There are several different currencies that you can use to open your V8 Options account. These include:
- US Dollar
- Pound Sterling
- Chinese Yuan
- Australian Dollar
Not all currencies are available via every type of deposit method. Once you have selected a trading currency you will be unable to change to a different one at a later time.
What account types are offered by V8 Options?
There are 4 account types offered by V8 Options including:
- Bronze – for a minimum deposit of $250 clients receive a 10% welcome bonus together with access to social trading and the trading academy
- Silver– for a minimum deposit of $1000 clients receive a 25% welcome bonus together with access to one session of 1 to 1 personal training and access to StrategiX
- Gold – for a minimum deposit of $5000, clients receive a 50% welcome bonus together with access 3 sessions of 1 to 1 training and all of the perks of the Silver account
- VIP- for a minimum deposit of $10,000 clients receive a 100% welcome bonus together with access to unlimited 1 to 1 training and an extra 1% payout on trades
Does V8 Options offer educational resources?
There are many excellent educational resources offered by V8 Options so whether you are a brand new trader or an experienced investor there are ebooks, webinars and videos to help you to maximise your profits. There is also a useful glossary to help you to understand the most commonly used technical terms in binary options trading.