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Product First Binary Option Service vs. GrandOption

Getting the best binary option trading srevice for your business is difficult with a lot of features, options, and offers to take note of. On the other hand, depending on our review directory will allow you to cut down the necessary steps by showing all key services in a single place. For example, you can contrast GrandOption and First Binary Option Service for their functions and overall scores, in this case, 7.6 and 7.0, respectively. Similarly, you can see which provider has better general user satisfaction rating: 98% (GrandOption) and 95% (First Binary Option Service) to find out which service is the better choice. Don’t simply start using the solution with the most attractive minimum deposit, but the solution that gives the best value for your money.

Product

First Binary Option Service

VS

GrandOption

VS

Our Score

Our Score

7.0 ?

Our Score

7.6 ?

Client Satisfaction

Client Satisfaction

95% ?

Client Satisfaction

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.

GrandOption provides binary option traders with the Tech Financials trading platform. While it is unlike most trading platforms offered by alternative binary options traders, Tech Financials features a wide interface with a customizable trading chart and allows traders to anage multiple trades while at the same time review their trading history. Also, the Tech Financials platform is easy to understand and implement.

Withdrawal Options:

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

Email

support@firstbinaryoption.com info@grandoption.com

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.

Traders are offered with the following choices for their trading accounts:

  • Standard ($100 Deposit)
  • Gold
  • VIP

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: Optimus
Platform Languages: French, Russian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: No
Email Alerts: Yes
Mobile Alerts: No

Located In

Cyprus Cyprus
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Deposit Options

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

Comission

No
No

Assets

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

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.

75% to 300%

Payouts Percentage

80%

300%

Trade Types

First Binary Option offers six trade types:

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

Capital Option offers the following trading types:

  • High/Low
  • Short Term Trades

Phone

No phone support +357 2 526 2770

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
PHONE NO.
LIVE SUPPORT
TICKETS
Customer Support Languages: Spanish, German, French
Customer Service Hours: 24h
Place Trades Over the Phone?: No
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In the event you continue having doubts about which software will work best for your business it may be a good idea to investigate each service’s social metrics. Such metrics are quite often a sign of how popular a given software is and how wide is its online presence. For example, in case of Facebook GrandOption has 0 likes on their official page while First Binary Option Service profile is liked by 0 people.