MENU
GET LISTED
GET LISTED
SHOW ALLPOPULAR CATEGORIES

Product First Binary Option Service vs. Tradorax

Getting the most appropriate binary option trading srevice for your company is complicated with a lot of features, options, and terms to choose from. But, using our website will allow you to simplify the selection steps by showing all main providers in one location. For example, you can match First Binary Option Service and Tradorax for their tools and overall scores, namely, 7.0 and 8.1, respectively. Furthermore, you can see which broker has superior general user satisfaction rating: 95% (First Binary Option Service) and 100% (Tradorax) to find out which service is better. Don’t just choose the service with the lowest minimum deposit, but the platform that gives the best value.

Product

First Binary Option Service

VS

Tradorax

VS

Score

Our Score

7.0 ?

Our Score

8.1 ?

Client Satisfaction

Client Satisfaction

95% ?

Client Satisfaction

100% ?

Minimum Deposit

$5

$250

Accepts US Clients

Yes
Advertising

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.

Tradorax uses the TechFinancials trading platform which supports informative charts, long term and short term expiry, and a wide range of assets in one package. The platform is 100% web-based, user-friendly, and you do not need to download any software to start trading. With a simple internet connection you can invest in binary options from anywhere in the world.

The Tradorax trading platform enables you to trade on High Low, Boundary, One Touch, and Short Term options. You can get returns as high 85% for EUR/USD options.

One of the preferred option types is the boundary option. This option can be used in both volatile markets as well as quiet trading conditions. Tradorax also offers an Android app for mobile trading.

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, German, Russian, Arabic
Customer Service Hours: Tradorax provides 24-hour customer support.
Place Trades Over the Phone?: 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.

Tradorax offers up to 85% return.

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

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.

Tradorax offers four types of accounts:

Mini: $250 – $499

  • Web/mobile platform
  • Education center access
  • Personal broker – 1 per week
  • Lessons 1-2

Silver: $500 – $4,999

  • Web/mobile platform
  • Education center access
  • 2% extra for every trade
  • Personal broker – 2 per week
  • Lessons 1-2
  • Lessons 3-4
  • Signal group
  • 0.5% cash back

Gold: $5,000 – $9,999

  • Web/mobile platform
  • Education center access
  • 3% extra for every trade
  • Personal broker – 3 per week
  • Lessons 1-2
  • Lessons 3-4
  • Lessons 5-6
  • Signal group
  • 1% cash back
  • 1 risk free trade per month

VIP: $10,000+

  • Web/mobile platform
  • Education center access
  • 4% extra for every trade
  • Personal broker – 4 per week
  • Lessons 1-2
  • Lessons 3-4
  • Lessons 5-6
  • Lessons 7-8
  • Signal group
  • 2% cash back
  • 2 risk free trades per month

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: TechFinancials
Platform Languages: English, German, Russian, Arabic
OS Compatibility: iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No

Place Trades Over Phone

No
No
Advertising

Email

support@firstbinaryoption.com support@tradorax.com

Withdrawal Options:

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

Trade Types

First Binary Option offers six trade types:

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

Tradorax offers the following trade types:

  • High/Low
  • Touch/No Touch
  • Boundary
  • 60 Second Trades

Payouts Percentage

80%

85%

Phone

No phone support 442031500446

Assets

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

Comission

No
No

Deposit Options

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

Located In

Cyprus United Kingdom
Advertising

Compare Products

Compare with Beast Options
Compare with Market Punter
Compare with OptionRally
Compare with 365Trading
Compare with GTOptions
Compare with CherryTrade
Compare with Interactive Option
Compare with MarketsWorld
Compare with GOptions
Compare with OptionTrade
Compare with OptionsXO
Compare with BigOption
Compare with OneTwoTrade
Compare with Imperial Options
Compare with 10trade
Compare with Interactive Option
Compare with Ayrex
Compare with OptionsClick
Compare with CherryTrade
Compare with GOptions

Page last modified

When you select a software that you are sure will be an actual asset for your team you shouldn’t only pay attention to what reviewers have to say about it. Very often individual experience with the software will vary, depending on your own preferences and needs. This is why in our reviews we also give our User Satisfaction Rating for every service to give you an immediate impression of how real users of First Binary Option Service and Tradorax evaluate their contact with the app. Our algorithm is based on complex analysis of product appearances on other sites, social networks as well as blogs, so you are going to obtain a full and reliable picture of what other customers think about each service. In this example First Binary Option Service has a total satisfaction rating at 95% while for Tradorax 100% of users say they had a positive experience with it.