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: [email protected]
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 interested in First Binary Option Service it might also be a good idea to check out other subcategories of Binary Options Brokers listed in our database of SaaS software reviews.
It is crucial to realize that almost no service in the Binary Options Brokers category will be an ideal solution that can match all the requirements of different investors. It may be a good idea to read a few First Binary Option Service reviews first as some solutions might actually perform well exclusively in a specific geography or situation or be designed with a very specific customer in mind. Others might function with an idea of being simple and intuitive and consequently lack complicated functionalities welcomed by more experienced users. You can also find services that focus on a large group of users and give you a complex feature toolbox, but that usually comes at a more expensive price of such a software. Be certain that you're aware of your requirements so that you get a service that offers exactly the features you look for.
We realize that when you make a decision to purchase a Binary Options Brokers it’s important not only to learn how experts rank it in their reviews, but also to find out if the actual people and companies that bought these solutions are actually content with the service. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and First Binary Option Service reviews across a vast array of social media sites. The information is then presented in a simple to digest form showing how many clients had positive and negative experience with First Binary Option Service. With that information available you should be prepared to make an informed purchasing decision 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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