First Binary Option Service’s trading platform is just labeled differently from traditional trading platforms. But it is simple to use as all the main features are labeled clearly and you can easily select options from the provided drop-down list.
This broker offers a demo account to help traders become familiar with the trading platform before they invest their money. You can trade in about 50 instruments of various types including CFDs, indexes, futures, and currency pairs. The trading platform is web-based and you don’t have to download or install any software on your computer system. The company has been around since 2011 and offers support in English and Russian languages.
The special feature of First Binary Option Service’s trading platform is it is optimized for mass usage by a large number of users simultaneously. Another feature is you can start trading in small amounts without using the margin facilities.
Advantages of Trading with First Binary Option Service
Pros
Cons
Platform type: First Binary Option Platform
Platform Languages: English, Spanish, Russian, Arabic
OS Compatibility: Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Located in: Cyprus
Website: www.firstbinaryoption.com
Founded in: 2011
Accepts US Clients: No
Phone number: No phone support
Email: support@firstbinaryoption.com
Commission:
Minimum Deposit: $5
Payouts Percentage: 80%
Deposit Options: Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Western Union, CashU, Skrill
Withdrawal Options: Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Western Union, CashU, Skrill
Payout Ratios: Average returns are around 80% and maximum returns can be as high as 765%. You can get a refund of up to 15% for losing trades.
Forex, Metals, Oil, Gold, Indices, Stocks, Commodities, etfs, CFDs
Customer Support Languages: English, Russian
Customer Service Hours: First Binary Option Service offers 24-hour customer support.
Place Trades Over the Phone?: No
First Binary Option offers six trade types:
Click on the “Real Account” button on firstbinaryoption.com to register and get started. The minimum deposit required is just $5. The website also offers a free demo account.
Position of First Binary Option Service in our main categories:
First Binary Option Service is one of the top 100 Binary Options Brokers products
If you are considering First Binary Option Service it might also be sensible to investigate other subcategories of Binary Options Brokers listed in our database of SaaS software reviews.
It's crucial to keep in mind that almost no service in the Binary Options Brokers category is an ideal solution that can fulfill all the needs of different investors. It may be a good idea to read a few First Binary Option Service reviews first as specific solutions may actually perform well just in a specific geography or situation or be designed with a very specific customer in mind. Others might work with an idea of being easy and intuitive and as a result lack advanced functions needed by more experienced users. There are also services that cater to a large group of users and offer a rich feature toolbox, however this usually comes at a more significant price of such a service. Be certain that you're aware of your needs so that you purchase a service that provides exactly the functionalities you look for.
We are aware that when you choose to get a Binary Options Brokers it’s crucial not only to find out how professionals evaluate it in their reviews, but also to check whether the real users and companies that bought this software are actually happy with the service. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and First Binary Option Service reviews across a vast range of social media sites. The information is then displayed in a simple to digest form revealing how many clients had positive and negative experience with First Binary Option Service. With that information at hand you will be equipped to make an informed buying choice that you won’t regret.
No Deposit Bonus:
No
Bonus for First Deposit:
No
Is the Bonus Based on
the Volume of the Transaction?:
No
Other Bonuses:
No
There is no information about any bonus on the broker’s website.
First Binary Option Service offers several safe methods for depositing and withdrawing funds. Withdrawal of funds is normally processed within 24 hours. These points show that this broker is reliable.
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