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Software First Binary Option Service vs. PlusOption

Choosing the right binary option trading srevice for your organization is difficult with so many features, choices, and terms to consider. However, relying on our review directory will allow you to streamline the selection steps by reading all crucial brokers in a single location. As an illustration, you can compare First Binary Option Service and PlusOption for their functions and overall scores, in this case, 7.0 and 7.9, respectively. Furthermore, you can see which broker has better general user satisfaction rating: 95% (First Binary Option Service) and 100% (PlusOption) to learn which service is better. Don’t just pick the service with the lowest minimum deposit, but the platform that has the best value.

Software

First Binary Option Service

VS

PlusOption

VS

Total Score

Our Score

7.0 ?

Our Score

7.9 ?

Client Satisfaction

Client Satisfaction

95% ?

Client Satisfaction

100% ?

Minimum Deposit

$5

$250

Accepts US Clients

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Complete 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.

PlusOption provides users with the latest version of the SpotOption trading platform. Loaded with basic and advanced trading tools and features, SpotOption remains one of the world’s leading trading platforms because of its ease of use, flexibility, and reliability. Even novice traders with little or no experience will find the application easy to implement, allowing them to trade after a short learning period. The new SpotOption is also available for mobile devices, specifically Android and Apple iOS smartphones and tablets.

The PlusOption site also offers additional tools such as SpotFollow. This feature enables traders to follow and copy the strategies of successful traders. It also trains them on how to develop more effective trading strategies.

Trade Types

First Binary Option offers six trade types:

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

PlusOption offers the following trade types:

  • Standard Call/Put Binary Options
  • Long Term
  • Pairs
  • OneTouch
  • 60 Seconds

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.

PlusOption offers three types of trading accounts:

Mini Account

  • $250 minimum deposit
  • $25 minimum investment
  • Monthly strategy trading
  • Up to 82% payout

Popular Account

  • $500 minimum deposit
  • $25 minimum investment
  • 50% bonus
  • Up to 85% payout
  • 1 risk-free trade
  • 3% yearly interest rate
  • Strategy training on 2-week base
  • 1 SMS binary option signal a day

Premium Account

  • $3000 minimum deposit
  • 75% bonus
  • $50 minimum investment
  • Up to 87% payout
  • 3 risk-free trades
  • 5% yearly interest rate
  • Weekly strategy training
  • 2 SMS signals daily

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

Located In

Cyprus London, United Kingdom

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
Customer Service Hours: PlusOption offers customer support Monday - Friday from 08:00 GMT – 00:00 GMT.
Place Trades Over the Phone?: No

Assets

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

support@firstbinaryoption.com support@plusoption.com

Place Trades Over Phone

No
No

Phone

No phone support +44 8006 101462

Payouts Percentage

80%

87%

Withdrawal Options:

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

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

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.

PlusOption offers payout up to 87%.

Comission

No
No

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Western Union, CashU, Skrill Credit Card, Debit Card
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It may not always be enough to just compare First Binary Option Service and PlusOption against each other. Even though reliable functionalities, pricing and customer comments are all crucial and should be taken into account when making a final decision, you should also check out the recognition and awards claimed by each service. Very often a less known product may turn out to be a great choice that was distinguished with B2B awards such as our Supreme Software Award which shows that regardless of smaller market popularity it’s a worthy rival to the software that rule the market.