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Comparison First Binary Option Service vs. BKTrading

Choosing the best binary option trading srevice for your business is not that easy with too much features, choices, and terms to check. But, relying on our review platform will allow you to cut down the selection process by getting all crucial services in one place. For example, you can match First Binary Option Service and BKTrading for their features and overall scores, in this case, 7.0 and 7.7, respectively. Likewise, you can see which broker has superior general user satisfaction rating: 95% (First Binary Option Service) and 100% (BKTrading) to find out which one is the better choice. Don’t simply pick the solution with the lowest minimum deposit, but the solution that offers the best value.

Comparison

First Binary Option Service

VS

BKTrading

VS

Our Score

Our Score

7.0 ?

Our Score

7.7 ?

Customer Experience

Customer Experience

95% ?

Customer Experience

100% ?

Minimum Deposit

$5

$10

Accepts US Clients

Yes
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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.

BKTrading uses the latest version of the SpotOption trading platform to make it easy for their clients to engage in trades and achieve significant success. Because it is easy to use and loaded with essential and advanced trading tools, SpotOption has become the most popular trading platform for many binary options brokers. SpotOption now has mobile versions compatible with Android and iOS devices.

You need not install any software as BKTrading is a web-based trading platform. Simply log in to your account and trade on any device with an internet connection. You can view all your deposits, withdrawals, and portfolio history in the My Account section.

The homepage of the trading platform contains the Asset Index which provides a detailed list of all the available assets, their description, expiry times, symbol, and trading hours.

Payouts Percentage

80%

85%

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

Place Trades Over Phone

No
No

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.

BKTrading offers the following trading accounts:

Basic Account: minimum investment of $10

  • Chat and telephone support

Standard Account: minimum investment of $1000

  • All Basic account features
  • Quick withdrawals
  • AutoTrading tools

Trader Account: minimum investment of $10,000

  • All Standard account features
  • One to One
  • Exclusive account executive
  • Market signals

VIP Account: minimum investment of $50,000

  • All Trader account features
  • Investment consultant
  • Exclusive market analyst
  • 3% extra ROI on every operation
  • Immediate withdrawals
  • SMS market signals

Assets

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

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

Located In

Cyprus Barcelona, Spain

Email

support@firstbinaryoption.com support@bktrading.com

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: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No

Phone

No phone support +34 931 845838

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, Russian, Arabic
Customer Service Hours: BKTrading provides 24/7 customer support.
Place Trades Over the Phone?: No

Withdrawal Options:

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

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.

The average payout ratio offered by this broker is 85%.

Comission

No
No

Trade Types

First Binary Option offers six trade types:

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

BKTrading offers the following trade types:

  • High / Low
  • One Touch
  • 60 Seconds
  • Long Term
  • Touch Options
  • Pair Options
  • Ladder Options
  • ProFollow
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Please note that while both First Binary Option Service and BKTrading may have a reliable set of features every solution might be aimed at a different business size. If you are studying different apps you may want to pay attention to a company type they are meant for. Certain functionalities might scale up effectively for large enterprises but if you have a small or medium business it’s usually more sensible to avoid paying for complex features that you may never have a chance to use.