Брокер First Binary Option Service

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First Binary Option Platform Review

Introduction

First Binary Option is like no other binary option broker out there and successfully goes beyond the standard features found over and over at other brokers. The Firstbinaryoption.com website looks more like a bank’s than a broker’s, and the trading platform looks completely different from the outside, yet is incredibly innovative and easy to learn. Catering to the Russian, Arabic, and English markets, First Binary Option Service is trying to do something new and exciting in the binary option business.

Software and Features

Instead of running on a third-party platform, the First Binary Option broker platform is a completely new, propriety piece of software. Although is may look foreign to veteran investors, a quick tour will show that it has everything that traders want such as full-color charts, and more. Every account at Firstbinaryoption.com comes with a free demo account, so traders can easily learn the software before putting their own money on the line, while the video guide is extremely helpful for new binary traders. There is even a forum for traders to swap strategies and ask for advice. Live chat support is readily available and has proven to be extremely friendly and helpful.

Option Types Offered

As First Binary Option doesn’t do things the way other brokers do, they have a unique variety of options. There are more than 40 underlying assets in the areas of stocks, commodities, and currency pairs, although indices are not supported. These can be traded with normal high/low options as well as no-touch and one-touch options. At the time of our First Binary Option review, they had also recently added 60-second options. Uniquely, there are two types of range options, in-range options which pay out if the strike price is within a predetermined range, and out-range options where the price must finish outside the range. These types of options have returns of as much as 725% while normal high/low options have profits up to 80% and return 15% on losses.

Account Types Offered

New customers at First Binary Option Service are able to choose from either a free demo account or a real-money trading account where they get all the advantages that FBO offers. While a First Binary Option bonus is not currently offered, check their website for the current situation. Minimum deposits are tiny at $5 and can be made securely through credit cards and e-wallets.

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First Binary Option Service Review

Trading Platform First Binary Option Service

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 2020 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

  • A range of well-known trading assets to choose from
  • A wide choice of reliable and convenient methods for deposit and withdrawal
  • Advanced option with up to 765% return per one trade
  • Free demo account starting from 1000 units and exceeding 50,000 units
  • Instant deposits and withdrawals
  • Maximum security deposit reimbursement
  • Minimum deposit amount: 5 conventional units (5 dollars or euros)
  • Minimum transaction amount: 1 conventional unit (1 dollar or euro)
  • Register and start trading in less than one minute
  • Trading intervals: from 5 minutes to 30 days
  • Free demo account
  • High returns and refund rates
  • Easy-to-use trading platform
  • Fast and efficient trading
  • Limited asset list
  • No phone support

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

Company information First Binary Option Service

Located in: Cyprus

Website: www.firstbinaryoption.com

Founded in: 2020

Accepts US Clients: No

Phone number: No phone support

Email: [email protected]

Account Options First Binary Option Service

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.

Available Assets First Binary Option Service

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities, etfs, CFDs

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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 Service Trade types

First Binary Option offers six trade types:

  • High / Low
  • One Touch
  • No Touch
  • In Range
  • Out Range
  • 60 Seconds

First Binary Option Service Trade accounts

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.

First Binary Option Service Position In Our Categories

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 could also be a good idea to investigate other subcategories of Binary Options Brokers collected in our base of B2B software reviews.

It is crucial to keep in mind that almost no service in the Binary Options Brokers category is going to be a perfect solution that can meet all the needs of various investors. It may be a good idea to read a few First Binary Option Service reviews first as specific solutions can actually perform well just in a specific geography or situation or be designed with a really specific customer in mind. Others may function with a goal of being easy and intuitive and consequently lack complicated functionalities desired by more experienced users. There are also services that cater to a large group of users and offer a complex feature toolbox, however this in most cases comes at a more expensive price of such a software. Ensure you’re aware of your requirements so that you get a service that has exactly the features you search for.

User Satisfaction

We realize that when you make a decision to buy Binary Options Brokers it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and First Binary Option Service reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with First Binary Option Service. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

First Binary Option Review

First Binary Option

Broker First Binary Option
US Traders Accepted
Company Name First Binary Option Service
Headquarters Seychelles
Regulation No
Max Payout 80%
Out-of-Money Reward 15%
Trading Platform Custom
Deposit Options Credit/debit cards, wire transfer, Skrill, Liberty Reserve, Perfect Money, OKPAY, CashU, Bitcoin, WebMoney, Liquid Payments, W1
Deposit Currencies US dollar, euro, Russian ruble
Minimum Deposit $5
Minimum Trade $1
Maximum Trade $1,500
Online Since 2020
Trading Instruments Forex, Commodities, CFD
Number of Trading Instruments 46
Binary Option Types High & Low, One Touch, No Touch, In Range, Out Range
Customer Support Types E-mail, online chat
Education Offered Learn-to-trade, video guide, forum
Tools Offered Analytics, Yahoo Finance News
Languages English, Russian
Demo Account Yes

Headquartered at the beautiful archipelago of Seychelles, First Binary Option Service extends their brokering services to their global clients. The company claims to fully meet the requirements as set by the “Seychelles International Business Authority (SIBA) Act” of 1994 and also claim to be regulated by the SIBA. However, they do not provide any license number to claim the status of the regulation. First Binary Option Service provides their specific web based trading platform. The good news is that demo account is available with them so that one can gain some familiarity of their platform before investing money with them. However, the minimum deposit amount is only 5 units and thus many traders may not mind to fund their account and explore the live trading opportunities with them. One can fund their account in three different currencies of dollars, euros and rubles. They maintain a minimum trade size of just one currency unit which is very much affordable even for a small or new investor. Large investors do not need to worry either. First Binary Option allows you to invest up to maximum $1500 in a single trade. If you think you are experienced enough to invest such a big amount, you can opt for it.

First Binary Option provides around 50 trading instruments of different types including currency pairs, futures, indexes and CFDs to their traders. The company’s trading platform offers a web based interface and a trader needs not to download and install any software onto their computer system. The company has been online since 2020 and they offer support in English and Russian languages.

Trading Choices

First Binary Option does not offer a very long list of instruments to their traders. They have only 46 trading instruments from different markets. However, they allow funding of account with a minimum amount of just $5 which can draw the attention of many traders. One can start trading with just one dollar and at the same time, a trader can enjoy an out of money reward of 15%. This shows how affordable broker they are and why any new trader will find it easier with them to explore the online trading opportunity of various financial instruments. They offer a payout between 60% and 80%, and hence besides being affordable, First Binary Option offers a fair earning opportunity to their traders. However, they do not offer any bonus opportunity to their traders. So, your earning will solely depend upon your talent of predicting the market movements of the assets that they have in their portfolio.

With First Binary Option, besides investing in the traditional binary options of high & low, there are several other trading opportunities which can help a trader to make lucrative earnings of up to 765%. For example, one can use their “One Touch” option to trade assets, which is further subdivided into two contracts: “Up” and “Down”. Here, investors have different levels of earning opportunities for different assets. One can also take advantage of their “No Touch” option which can guarantee them an earning of 45% on assets. Their “In Range” opportunity is for all those who want to multiply their investment fast and can seek around 300% of return by investing In Range. Their Out Range can help you to earn a 10% return within a certain time period.

Technical Analysis

First Binary Option provides analytics and Yahoo Finance News to its traders. The analytics brings positive and negative news from various markets, allowing traders to understand the market movements and thus to make their trading decisions accordingly. Besides providing these news snippets, they do not offer any other kind of technical tools to their clients. One can take help of their Demo Account to gain more insight about their trading platform. However, real trading can be very challenging for the newcomers if they do not get sufficient guidance from their brokers. Today, most brokers want their clients to make money through them and this is the reason these brokers provide with a host of technical tools such as historical data and charts to the traders. No doubt, they are pretty affordable with their minimum deposit level of just $5, but nobody wants to lose his single penny. And thus, they must think of offering high-end analyses so that traders can feel more comfortable while investing even their $5.

Learning & Support

Again, their Demo Account will be more useful for anyone willing to learn how to use their trading platform. They however have a video guide that can help understand everything about binary options trading and their trading platform. One can also refer to their Learn to Trade section on the website to understand how to trade with them in a step by step manner. Moreover, one can visit their Forum section also to take part in the ongoing discussions taking place between various members. One can gain practical insight here as members often share their personal experiences. You can also post your queries on the forum for the experienced traders to answer and clear your doubts, if any. So, this is a very good feature and it is recommended for the newcomers to learn from what the pros of the industry are sharing in the forum. Besides they have detailed beautifully all the trading options on the website that they have for their traders. For example, one can learn what is “No Touch” and how one can use it to make profits. In the name of support, they have e-mail and online chat services. But they do not provide you with any phone number, if you want to call them. There is not a single phone number mentioned anywhere on their website. However, their online chat feature is fully functional and a courteous customer support guy will always be ready to assist you.

Conclusion

For a beginner, First Binary Option can be a good option, considering their low investment level and a fairly significant earning opportunity ranging between 60% and 80% for their regular binary options. They offer a demo account to a beginner and probably a newcomer may not have any qualms in doing business with them. But there are few things that put a question mark on their credibility. First, they claim that they have been regulated under SIBA but fail to provide with any license number. And the important thing is that they do not mention any phone number or a physical address on their website. So, a trader while making an investment like 1,000 dollars will think twice to use their brokerage services.

First Binary Option , 5.9 out of 10 based on 7 ratings

Брокеры бинарных опционов с бонусами за регистрацию:
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