When it comes to a trading platform, this G8investing broker review revealed that the company uses the famous SpotOption platform that is completely web-based. This means that you don’t need to download any additional programs or plugins or worry about upgrading it. All that you need to do is log into your account on the website and you are ready to trade.
Having a web-based platform also means that you can use any device with internet connectivity to access your trading platform, regardless of the model or size. This way you are free to trade on the go and not be limited by having to stay home near your computer to be able to trade binary options.
All the information regarding your deposits, withdrawals and trading history can be viewed by accessing the My Account section. You just need to in and review the information.
There is also a very detailed list of available underlying assets and all the information pertaining to them places at the bottom of the Homepage under the Asset Index tab.
As far as the trading options go, G8investing has several on offer:
Binary options are, without a doubt, the most popular instrument in online trading in general, but especially on this G8investing platform.
60 Seconds Options
60 Seconds is very similar to classic binary options with a slight difference in expiration times. With this instrument, the expiry times are solely 60 seconds as opposed to 30, 60 or 120 seconds. This instrument is meant for more aggressive traders who feel comfortable with trading in volatile market conditions.
This trading tool allows traders to make more than one prediction on a certain asset and also expiry time.
These options are not like the others we have mentioned previously as they do provide a higher payout in the case of reaching a predefined price. They also can be traded even if the financial markets are closed, which is usually during weekends, holidays and after regular work hours.
Pairs have the function of allowing traders to predict which asset will have a better result in a reference to another by expiry time. Unlike classic binary options, with Pairs, the traders need to predict how weak or strong a particular asset will prove to be when it’s compared to another asset.
Long Term Options
These options give the trader the ability of trading with a wider time frame. You can have expiry times anywhere from one day to 1 year ( end of tomorrow, end of the day after tomorrow, end of the week, end of the month, end of the quarter, etc). This is best suited for rational, patient traders who are willing to take their time to see the end result. Long Term Options are very similar to classic binary options with the obvious difference in expiry times.
When it comes to Forex, we decided to check out the provided platform on the website at the time of writing this G8investing broker review. For currency pairs of EUR/USD and a default leverage setting of 1:1150, the contract size was 7500. The potential profit was calculated at 500%, with the pips value of 0,67 EUR. There is also the option of a Stop Loss feature along with the Take Profit tab, both of which are adjustable.
Other leverage rates we have come across in this G8investing broker review are as follows:
- Leverage rate of 1:50 with the contract size of 2500.
- Leverage rate of 1:100 with the contract size of 5000.
- Leverage rate of 1:200 with the contract size of 10,000.
- Leverage rate of 1:300 with the contract size of 15,000