What is better CloseOption or First Binary Option Service?
Selecting the right binary option trading srevice for your business is not that easy with too much functions, choices, and offers to consider. However, relying on our review platform will allow you to streamline the selection steps by reading all major brokers in one location.
For instance, you can compare CloseOption and First Binary Option Service for their functions and overall scores, namely, 8.5 and 7.0, respectively. Similarly, you can check which service has superior general user satisfaction rating: 97% (CloseOption) and 95% (First Binary Option Service) to find out which solution is better. Don’t just pick the service with the most attractive minimum deposit, but the platform that has the best value for your money.
We are aware that not all people have the time to test a wide range of different products, so we prepared a list of recommendations that you may find useful. Our top choices for the Binary Options Brokers category are: Nadex, IQ Option, GTOptions.
There are three account types available to a user once they sign up. These are the Demo, Real, and Contest accounts.
Demo. Like other binary options platforms, CloseOption provides users a demo account to try out the platform and test their strategies without any financial commitment. It provides users with real-time data to base their risk-free trades while only using virtual money.
Real. This is a live account where users can deposit real currency. There are three balances available: a Wallet for storing money, Real Account Balance for traditional currencies, and a Crypto Balance for Cryptocurrencies.
Contest. This is the account that CloseOption traders use to join weekly trading contests. Initially, the broker offers a virtual balance that users can use for competitive trading to win cash prizes.
Payouts Percentage
Up to 80%
Withdrawal Options
Webmoney, PayPal, Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex
Available Support
email
phone
live support
training
tickets
General Info
A binary options broker that provides intuitive currency-pair trading options instruments and a trading platform simple enough for novice traders. CloseOption has been recognized with our Rising Star Award for 2021.
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.
Payouts Percentage
80%
Withdrawal Options
Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Western Union, CashU, Skrill
If you continue having doubts about which product will be best for your company it may be a sensible idea to take a look at each service’s social metrics. These metrics are usually a sign of how popular every solution is and how large is its online presence. For instance, in case of Facebook CloseOption has 301 likes on their official profile while First Binary Option Service profile is liked by 0 people.
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