First Binary Option Review

MIN. DEPOSIT $5
Up to 765% PAYOUTS
Up to 100% BONUS
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First Binary Option
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Overview

Broker information First Binary Option Service, having its command center on the island of Seychelles, is one of the most creative binary options companies. Regulated and overseen by SIBA, it… more

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Details

BrokerFirst Binary Option
Website URLhttps://www.firstbinaryoption.com
Founded2011
Headquarters248-000, Republic of Seychelles, Zippora Dekk House, Providence Industrial Estate, 1st floor
Support TypesE-mail, Live Chat
LanguagesEnglish, Russian, Indonesian, Portugues, Spanish, Thai, Arabic
Minimum 1st Deposit$5
Minimum Trade Amount$5
Maximum Trade Amount$100,000
BonusUp to 100%
PayoutUp to 765%
Free Demo AccountYes
Regulated Yes
RegulationSIBA
Deposit MethodsCredit/debit cards, Wire Transfer, Perfect Money, OKPAY, WebMoney, Liquid Payments, Sofort, Skrill, AstroPay, Payza, Neteller, Payeer, Przelewy 24, Western Union
Withdrawal MethodsCredit/debit cards, Wire Transfer, Perfect Money, OKPAY, WebMoney, Liquid Payments, Sofort, Skrill, AstroPay, Payza, Neteller, Payeer, Przelewy 24, Western Union
Expiry TimesFrom 60 seconds to 30 days
Types of AssetsForex, Commodities, Indices, CFD
Option TypesHigh & Low, One Touch, No Touch, In Range, Out Range, 60 Seconds
Account CurrencyUSD, EUR, RUB
US Traders Allowed Yes
Islamic Account: No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Broker information

First Binary Option Service, having its command center on the island of Seychelles, is one of the most creative binary options companies. Regulated and overseen by SIBA, it has been launched by a team of financial market gurus to provide a unique trading experience based on convenience, innovation, safety of funds and security of trading.

With First Binary Option Service, users will be on the leading wave of innovations, convenience, and profitability as the broker is set to pamper both the needs of institutional and retail traders. The enterprise revolves around the trader’s unique needs and it is flexible when it comes to customizing its services – that is what really makes First Binary Option Service proud.

The website of the company is accessible in English, Indonesian, Russian, Arabic, Thai, Portuguese, and Spanish.

Accounts

Trading at First Binary Options Service is greatly facilitated by the minimum amount necessitated to launch an account. It takes only 5 units (either dollars, rubles or euros) to start trades using a Real trading account and there are no leverage mechanisms. What is even more remarkable is that the minimum amount of trades is only 1 unit while the maximum volume of a single trade is up to $1,500.

In order to get accustomed with the trading platform of the broker, there is also a specially developed demonstration account. The minimum and maximum amounts for trading are $5 and $100,000 respectively.

Deposit and Withdrawal Options

The most varied, popular, and convenient payment options can be found with First Binary Option Service. Each and every deposit and withdrawal operation at the broker is executed in the website’s Secure Zone and is strictly confidential.

No hidden or additional fees are entailed for the payment systems which includes credit/debit cards (MasterCard, VISA), Perfect Money, OKPAY, WebMoney, Liquid Payments, Sofort, Skrill, AstroPay, Payza, Neteller, Payeer, Przelewy 24, Western Union, and Wire Transfer.

Russian rubles, Euros, and U.S. dollars are the supported currencies at First Binary Option Service and the transactionsa highly reliable, time-proved, and necessitate only a couple of minutes.  Each and any of these systems offers the chance to withdraw cash from a bank card.

Features

At its trading platform, First Binary Options Service offers a number of great features with amazing returns. There are “Short Term” and “Long Term” options whose expiration times vary from 1 minute up to 1 month. In addition, there are also the “High/Low”, “Touch/No Touch”, and “Range/Out Range” options. The maximum profit that can be yielded at First Binary Options Service is up to a mind-bending 765% which is without a doubt one of the highest in the field. Commodities, stocks, indices, and commodities are the underlying assets available for trading.

Education

The education academy of First Binary Options Service describes the basics of trading and provides thorough information about each of their binary options. In addition, the education center teaches trading tactics for beginners and has a nicely designed FAQ section which further answers any questions that may arise. Trading signals, technical and fundamental analytics, as well as market reviews and economic calendar are also at users’ disposal.

Customer Support

Clients of First Binary Options Service may reach support via a live chat and several e-mails for different inquiries. There is also an online form for even easier and more convenient access. The binary enterprise is dedicated to securing a pleasant experience for every customer.

Bonuses/Promotions

At First Binary Options Service deposits and withdrawals are instant. All users are entitled to try the demo account which has between 1,000 and more than 50,000 units. Account holders at this broker gain full access to analytic, educational materials including market reviews and trading signals. There are different levels of deposit bonuses.

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