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Software First Binary Option Service vs. OptionsXO

Getting the right binary option trading srevice for your business is not that easy with various features, choices, and offers to choose from. However, depending on our review directory will help you to simplify the selection process by reading all crucial brokers in a single place. For example, you can compare OptionsXO and First Binary Option Service for their features and overall scores, in this case, 8.0 and 7.0, respectively. Likewise, you can compare which provider has better general user satisfaction rating: 100% (OptionsXO) and 95% (First Binary Option Service) to learn which service is better. Don’t simply start using the platform with the most attractive minimum deposit, but the service that offers the best value.

Software

First Binary Option Service

VS

OptionsXO

VS

Total Score

Our Score

7.0 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

95% ?

Customer Experience

100% ?

Minimum Deposit

$5

$199

Accepts US Clients

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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.

Traders who make use of OptionsXO can enjoy the benefits of a powerful trading platform provided by Tech Financials. It offers a broad set of excellent features, such as live data feed and advanced charts. You can easily find all the essential elements on the front panel of the platform, so if you need quick access to data there’s no need for time-consuming tab switching. You can quickly find the analysis tools as well as the most recent news in the market and the list of open positions.

Crucial elements of the platform include early closure, double up, roll over and high yield. With the early closure feature you can close a position before the contract expires. The double up feature allows you to double your investment original amount. It is also possible to use the rollover feature to extend the expiry time of an option. Finally, you can benefit from the roll over feature once for every option. OptionsXO also supports a reliable mobile trading platform.

Withdrawal Options:

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

Deposit Options

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

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
Customer Support Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic, Dutch, Swedish
Customer Service Hours: OptionsXO offers a full 24/7 customer support for its clients.
Place Trades Over the Phone?: No

Comission

No
No

Assets

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

support@firstbinaryoption.com affiliates@optionsxo.com

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.

Typical returns are high as 89%. High yield options can pay as much as 360%. You can also get rebates up to 15% for losing trades.

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

Located In

Cyprus United Kingdom

Trade Types

First Binary Option offers six trade types:

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

OptionsXO offers seven trade types:

  • One Touch Options
  • One Touch High Yield Options
  • Classic High/Low Options
  • Boundary Options
  • Boundary High Yield Options
  • Above/Below Options
  • 60 Second Options

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: Tech Financials
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: 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.

OptionsXO provides several efficient account types that can be easily adjusted to your preferences and needs. If you decide on a premium account you can also count on a variety of bonus features and services meant to make your trading experience even more enjoyable. The following account types are available:

MINI: minimum deposit of $250

  • Full access to trading platform
  • Commission Free
  • Access to all instrument types
  • Access to all trading assets
  • 24 hour support and assistance

SILVER: minimum deposit $2,000

  • An additional 2% return on every trade
  • Commission Free
  • Free Access to OptionsXO learning center
  • 24 hour support and assistance
  • Free trading support from market analysts and experts

GOLD: minimum deposit $5,000

  • An additional 3% return on every trade
  • Commission Free
  • Free Access to OptionsXO learning center
  • 24 hour support and assistance
  • Free trading support from market analysts and experts

PLATINUM: minimum deposit $10,000

  • An additional 4% return on every trade
  • Commission Free
  • Free Access to OptionsXO learning center
  • 24 hour support and assistance
  • Free trading support from market analysts and experts

Place Trades Over Phone

No
No

Payouts Percentage

80%

89%

Phone

No phone support 44-2034045709
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Software Comparison

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If you test various Binary Options Brokers services you shouldn’t simply look at their features list and offered pricing packages. Pay attention to the fact that the app must be matching your requirements and team so the more flexible their offer the better. Learn what platforms are supported by OptionsXO and First Binary Option Service and ensure you will obtain mobile support for whichever devices you work on in your company. It may also be a good idea to examine which languages and countries are supported, because this could be a critical factor for many businesses.