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Comparison First Binary Option Service vs. 24bulls

Getting the right binary option trading srevice for your organization is complicated with too much features, choices, and offers to take note of. However, using our review platform will make it possible for you to simplify the selection steps by displaying all major services in one place. As an illustration, you can compare 24bulls and First Binary Option Service for their features and overall scores, in this case, 7.9 and 7.0, respectively. Likewise, you can compare which broker has higher general user satisfaction rating: 100% (24bulls) and 95% (First Binary Option Service) to determine which solution is the better choice. Don’t simply choose the solution with the lowest minimum deposit, but the one that gives the best value for your money.

Comparison

First Binary Option Service

VS

24bulls

VS

Our Score

Our Score

7.0 ?

Our Score

7.9 ?

Customer Experience

Customer Experience

95% ?

Customer Experience

100% ?

Minimum Deposit

$5

$250

Accepts US Clients

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Detailed Review

Description

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.

24bulls uses a trading platform powered by TradeSmarter. There is no download required as the platform is 100% web-based. It can be easily accessed on any personal computer, smartphone, or tablet.

Reuters provides all market data and you can see the calculations of the expiration prices from the asset index. To view your transactions history, you need to click on the My Trades tab in the platform and then click on My Transactions.

You can trade on a wide variety of financial assets. This gives a number of benefits, including portfolio diversification and the flexibility to capitalize on fast moving market opportunities. The platform provides something to trade even when market volatility is low.

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Western Union, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Platform

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
Platform type: TradeSmarter
Platform Languages: English, Spanish, French, Russian, Chinese, Italian, Turkish, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: Yes

Payouts Percentage

80%

85%

Phone

No phone support +357-2223-2295

Email

support@firstbinaryoption.com support@24bulls.com

Trading 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.

24bulls offers the following types of trading accounts:

Starter Basic Account – $250 to $499

  • Daily market updates by email
  • Access to full range of FX currency pairs, stocks, and commodities
  • Online execution of trades

Starter Plus Account – $500 to $999

  • Daily market updates by email
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account manager
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Standard Account – $1000 to $2,499

  • Daily market updates by email and phone
  • Daily access to our analyst desk and dealing room
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account executive
  • Higher ongoing bonus offers
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Premium Account – $2,500 to $5,000

  • Daily market updates by email and phone
  • Daily access to our analyst desk and dealing room
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account executive
  • Exclusive promotions and bonus offers
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Islamic Account

24bulls offers an Islamic account for Muslim clients with all the benefits of the Standard and Premium packages, including support from a Personal Account Manager trained in cultural aspects and restrictions related to Islamic accounts.

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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.

24bulls offers returns of up to 85%.

Customer Service

EMAIL
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian
Customer Service Hours: First Binary Option Service offers 24-hour customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, French, Arabic
Customer Service Hours: Customer support is available Monday to Friday from 6:30 to 17:00 GMT. During off market hours you can reach them by live chat or email.
Place Trades Over the Phone?: No

Assets

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

Trade Types

First Binary Option offers six trade types:

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

24bulls offers three trade types:

  • 60 Seconds
  • Options Builder
  • High/Low

Place Trades Over Phone

No
No

Comission

No
Yes

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Located In

Cyprus Cyprus

Withdrawal Options:

Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Western Union, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill
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You should pay attention to the fact that while both 24bulls and First Binary Option Service may provide an outstanding array of features each product might be designed for a different company size. If you are comparing features you should focus on a company type they are aimed at. Some features may scale up well for big enterprises but if you own a small or medium company it’s frequently better to avoid paying for advanced functionalities that you may never use.