On-line since: About the company: The binary options broker is an excellent financial tool for both beginners and advanced traders. The website is operated by First Binary Option Service, registered in the Seychelles and regulated by the FCA. Products and services of the company are registered in the United States Patent and Trademark Office (USPTO). The company's activities are consistent with the requirements of SIBA. Trading platform First Binary Option Service offers its own platform for trading, although it does not stand out for something new, but it contains a number of useful functions and services that not all dealing centers can suggest. One of the possibilities is the switching of timeframes, due to which the quote charts are available at different time intervals. Another function is the switching of price charts from linear to candlestick quotes. All this makes the platform trading convenient. Traders will find a good choice of options on the platform:
The main disadvantage of the platform is the lack of trading opportunities in several windows. Trading conditions In order to open an account with the company, it is enough to deposit only $5. The deals volume is in the range of $1 to $5,000. Traders have access to more than 70 assets for trading, including currencies (the euro, dollars, yen), shares of large companies (Coca-Cola, Apple, Disney), commodities (gold, platinum, silver) and stock indices. The percentage of profitability offered by First Binary Option Service Company depends on the type of a chosen option contract and its maximum is 765% per transaction. The available expiration time is 60 seconds through 30 days. Education If you want to learn more about the basics of binary options trading, then take some time to read the articles in the education section and you will soon have a basic knowledge of a lot of the nuances of binary options trading. Traders can receive both theoretical and practical knowledge. Also, customers can use materials on technical and fundamental analysis and get acquainted with forecasts for some assets. Support service Customer support is provided by professional specialists who help clients in trading. Support service is also available in Russian. Users have access to the online chat, and it is also possible to order a callback, write an e-mail or call one of the telephones mentioned. Payment Methods There are a lot of ways of payment starting from wire transfers in such banks as Sberbank, Alfa Bank, VTB-24 to electronic payment systems (Skrill, Qiwi Wallet, Perfect Money, Payza, Neteller, OkPay, Payeer, Yandex.Money). Also, traders can deposit money using credit/debit cards. When depositing funds, your account is attached to the payment system you use. And then you can withdraw money only by using the same payment details. Distinctive feature First Binary Option Service does not set limits on the minimum withdrawal of funds, so customers can withdraw sums starting from 1 ruble. Withdrawal takes up to 3 business days. Pros:
Cons:
2/10
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I have invested $400 with the First Binary option and earned around $120 profit! My trade exertion is excellent and doing trade with an EA. it is the best opportunity for me. As an Options trader, I think it is very suitable for investment.
I'm very disappointed trading at First Binary Option. Last week I lost $600 money due to slow execution and high spreads. Their customer service was also slow in responding and processing my order. They don't give importance to clients and only make you lose money. They are bad broker as far as I can tell. I don't recommend this broker.
I can run my business with the First Binary Option broker. As they have the best conditions and instant execution on their trading platform. Also, They have good service, a wide range of bonuses, many trading instruments too. That way my performance is amazing on binary trading. I have received my payments on time and their support team is so helpful and convenient. So I say First Binary Options brokers have a complete program and service in the market!
First Binary Option is regulated that is why I trusted them. However, I am worrying now because it has already been more than a week yet my money is still not being released. I made a withdrawal of $500 and it still hasn't been transferred to me. The company does not provide any update as well.
My trading experience with First Binary Option is so disappointed. I lost all my profit that I gained in 5 months because they refused my withdrawal request. I have called them, and they said I can't do withdrawal due to my invalid document. I never get this problem in another broker, only at this broker I have withdrawal trouble. They are not responsibility for the lost I had. I'm not impressed at all with this broker as they stolen my money.
I have been trading with First Binary Option a few Months. Their binary option service is incredible, best in the business. Their platform is suitable for option trading because they have not price latency. I leave my previous broker they have huge price latency. My initials investment was $700 and I have earned $4274 within two months. When I tried to withdraw half of my profit, it comes to my Payeer, account less than 3 hours after the request. You guys should try it.
Opening an account at First Binary Option is easy and affordable. But maintaining an account and profiting is impossible. This broker has a terrible platform. I think no matter how huge my capital is, I will still end up wiping out my account because the platform would always crash. Good thing, I only deposited a small amount so it is not that heartbreaking.
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