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Product First Binary Option Service vs. Option FM

Selecting the right binary option trading srevice for your company is difficult with a lot of functions, choices, and offers to check. However, using our review directory will make it possible for you to simplify the necessary steps by reading all main services in one location. For instance, you can compare First Binary Option Service and Option FM for their functions and overall scores, namely, 7.0 and 8.0, respectively. Likewise, you can see which broker has higher general user satisfaction rating: 95% (First Binary Option Service) and 98% (Option FM) to find out which service is the better option. Don’t simply choose the solution with the most attractive minimum deposit, but the platform that offers the best value for your money.

Product

First Binary Option Service

VS

Option FM

VS

Our Score

Our Score

7.0 ?

Our Score

8.0 ?

Client Experience

Client Experience

95% ?

Client Experience

98% ?

Minimum Deposit

$5

$250

Accepts US Clients

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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.

Option.FM uses the SpotOption trading platform which is innovative yet user-friendly, and offers a wide range of proprietary features. The platform makes it simple for both novices as well as experienced traders to manage risk and make informed trades. It boasts 24/7 uptime and enables traders to fine-tune every detail of their trades.

Option.FM excels in offering a wide selection of assets for traders to choose from. This broker offers more than 200 popular assets from which brokers are certain to find familiar ones that they can trade successfully. Options include major indices, commodities, stocks, and currency pairs.

Withdrawal Options:

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

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.

Option.FM offers seven types of trading accounts:

Newbie – 250+

  • Trading Manual

Start-Up – 2,500+

  • Trading Manual
  • OFM Rewards Access
  • Trading Packages
  • 1 Educational Session

Entrepreneur – 5,000+

  • All features in Start-Up plan
  • 2 Educational Sessions
  • 3 Protected Trades

Top Exec – 10,000+

  • All features in Entrepreneur plan
  • 3 Educational Sessions

CEO – 25,000+

  • All features in Top Exec plan
  • Class B Trades
  • Class A Trades
  • 4 Education Sessions
  • Enhanced Return on Investments

Financier – 40,000+

  • All features in CEO plan
  • 4+ Education Sessions
  • Suited Trading Portfolio

Mogul – 100,000+

  • All features in Financier plan
  • Unlimited Education Sessions
  • Vacation Packages

Assets

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

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.

Option.FM offers returns up to 91%.

Trade Types

First Binary Option offers six trade types:

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

Option.FM offers four trade types:

  • One Touch
  • 60 Seconds
  • Long Term
  • Binary Options
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Payouts Percentage

80%

91%

Place Trades Over Phone

No
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.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian, Arabic, Dutch
Customer Service Hours: Option.FM provides 24-hour customer support.
Place Trades Over the Phone?: No

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

Email

support@firstbinaryoption.com cs@option.fm

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
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes

Comission

No
No

Phone

No phone support +44-207097326

Located In

Cyprus Belize

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Western Union, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer
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Every time you select a service that you believe will be an actual asset for your company you shouldn’t only limit yourself to what experts have to say about it. In many cases individual experience with the product will vary, depending on specific goals and needs. That’s the reason why in our reviews we also offer our User Satisfaction Rating for each product to give you an immediate impression of how real users of First Binary Option Service and Option FM rate their contact with the service. Our algorithm is based on advanced analysis of product mentions on other websites, social networks and blogs, so you will get a comprehensive and credible overview of what other customers think about each service. In this example First Binary Option Service got a total satisfaction rating at 95% while for Option FM 98% of users express they had a positive experience with it.