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Product First Binary Option Service vs. CTOption

Choosing the best binary option trading srevice for your company is not that easy with too much functions, choices, and offers to check. However, using our review platform will allow you to streamline the selection steps by showing all major providers in a single place. As an illustration, you can match First Binary Option Service and CTOption for their tools and overall scores, in this case, 7.0 and 8.0, respectively. Likewise, you can see which provider has higher general user satisfaction rating: 95% (First Binary Option Service) and 94% (CTOption) to find out which solution is better. Don’t just pick the solution with the most attractive minimum deposit, but the platform that offers the best value.

Product

First Binary Option Service

VS

CTOption

VS

Score

Our Score

7.0 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

95% ?

Customer Experience

94% ?

Minimum Deposit

$5

$250

Accepts US Clients

Yes
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Full 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.

Most binary brokers use a generic trading platform supplied by Tradologic or SpotOption. But, CTOption has opted for a platform supplied by Panda Trading Systems Ltd (Panda TS). This company provides quality customized tools in the online forex industry. Therefore, they are knowledgeable about the requirements of online traders.

The Panda TS platform is easy to use and does not need intensive training. It offers mobile trading too. The platform offers a range of tools that traders can use to maximize their profits. CTOption has also created custom systems for its own use utilizing the top financial engineering and technology infrastructure available in the field.

Email

support@firstbinaryoption.com support@ctoption.com

Comission

No
No

Phone

No phone support 442035192322

Place Trades Over Phone

No
No

Assets

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

Payouts Percentage

80%

90%

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Deposit Options

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

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.

CTOption offers three types of trading accounts:

Mini Plan: Minimum Deposit of $250

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus

Standard Plan: Minimum Deposit of $2,500

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus
  • Personal Account Manager

Executive Plan: Minimum Deposit of $10,000+

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus
  • Personal Account Manager
  • Trading Guru Hangouts
  • No Processing Fees
  • Expedited Withdrawals
  • Opportunity to win tablets, smartphones and more

Withdrawal Options:

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

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.

Average returns are around 80% and can go as high as 90%. Rebate for losing trades is 5%.

Located In

Cyprus UK

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

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: PandaTS
Platform Languages: English, Spanish, German, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No

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.
TRAINING
Customer Support Languages: English, Spanish, German, Arabic
Customer Service Hours: CTOption offers comprehensive 24h support for its customers
Place Trades Over the Phone?: No

Trade Types

First Binary Option offers six trade types:

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

CTOption offers four contract types:

  • One Touch
  • Range
  • Hyper
  • High/Low
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Both First Binary Option Service and CTOption were evaluated by a panel of reliable B2B experts who conducted a detailed examination of all key aspects of every product. Their final rating was prepared with unique SmartScore system which calculates an individual partial score to every factor like: main features, customer support, mobile support, security, user satisfaction and reviews in other media. We realize useful features are not the only thing crucial to a business so we make sure we pay attention to all sides of a software prior to coming up with its final rating.