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Compare First Binary Option Service vs. GTOptions

Choosing the most appropriate binary option trading srevice for your business is hard with so many functions, options, and terms to choose from. On the other hand, using our review platform will make it possible for you to streamline the selection steps by displaying all main providers in one location. As an illustration, you can contrast GTOptions and First Binary Option Service for their functions and overall scores, in this case, 8.8 and 7.0, respectively. Likewise, you can check which provider has higher general user satisfaction rating: 100% (GTOptions) and 95% (First Binary Option Service) to find out which one is better. Don’t just start using the solution with the lowest minimum deposit, but the solution that gives the most cost-effective value.

Compare

First Binary Option Service

VS

GTOptions

VS

Our Score

Our Score

7.0 ?

Our Score

8.8 ?

Client Experience

Client Experience

95% ?

Client Experience

100% ?

Minimum Deposit

$5

$250

Accepts US Clients

Yes
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Detailed 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.

GTOptions uses the SpotOption trading platform which is a reliable web-based platform that is also used by other top binary options brokers. The platform’s top row of tabs shows the different types of trades offered. The second row of tabs shows the assets offered for trading. The red and green colored buttons show the directions of the options, eliminating the chances of a wrong trading input. On the right of the platform you can see return percentages in large numbering.

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.

GTOptions offers one of the highest return ratios in the industry. Depending on the asset type, average returns range from 70% to 90%. One Touch options can yield returns up to 540%.

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
TICKETS
Customer Support Languages: English, Spanish, German, French, Russian, Chinese
Customer Service Hours: 24/7
Place Trades Over the Phone?: No

Located In

Cyprus Cyprus

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.

GTOptions offers five types of trading accounts:

  • Mini – $250-499 with 50% bonus
  • Standard – $500-999 with 50% bonus
  • Executive – $1000-4999 with 100% bonus
  • Gold – $5000-9999 with 100% bonus
  • Platinum – $10,000+ with 100% bonus

Withdrawal Options:

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

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities, etfs, CFDs Metals, Oil, Indices, Stocks
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Place Trades Over Phone

No
No

Payouts Percentage

80%

81%

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

Phone

No phone support +44-20-3608-6622

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: Spanish, German, French, Russian, Chinese, Japanese
OS Compatibility: Mac OS, Windows, Linux, Android
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Deposit Options

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

Trade Types

First Binary Option offers six trade types:

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

GTOptions offers four main trade types:

  • Up/Down Binary Options: Simplest type as you only need to focus on the direction of the price movement.
  • Touch Options: For trades where you are relatively sure about the direction of the price movements but not their sustainability.
  • Option Builder: You can customize the trades to suit your trading style.
  • 60 Seconds Options: Fast paced option that is ideal for scalping trading strategies.

Comission

No
No

Email

support@firstbinaryoption.com support@gtoptions.com
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The software examined on this page are merely a small sample of our entire Binary Options Brokers category and you should keep in mind that there may be better options out there. If you want to guarantee you make the best possible choice for your team we strongly urge you to compare more products first. You may also want to consult our top 10 Binary Options Brokers ranking to find out which apps are at the moment the best ones and leaders in the market.