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Compare First Binary Option Service vs. uBinary

Selecting the most appropriate binary option trading srevice for your organization is hard with too much functions, options, and offers to choose from. On the other hand, relying on our review platform will allow you to cut down the necessary steps by getting all key providers in a single location. For example, you can contrast uBinary and First Binary Option Service for their functions and overall scores, in this case, 8.4 and 7.0, respectively. Similarly, you can compare which provider has higher general user satisfaction rating: 100% (uBinary) and 95% (First Binary Option Service) to determine which one is better. Don’t simply pick the service with the most attractive minimum deposit, but the one that has the best value for your money.

Compare

First Binary Option Service

VS

uBinary

VS

Score

Our Score

7.0 ?

Our Score

8.4 ?

Client Experience

Client Experience

95% ?

Client Experience

100% ?

Minimum Deposit

$5

$250

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.

uBinary’s ParagonEX trading platform is a refreshing change from the usual SpotOption platform deployed by the majority of binary traders. It carries a number of features and is intuitive and very fast as well.

The ParagonEX platform is more exclusive than typical trading platforms and it offers a really unique look and feel in comparison to them. The platform itself supports both Android and Apple iOS systems and mobile apps are offered free of charge. Keep in mind though, that the web platform requires a 64-bit browser in order to function at 100% capacity. 32-bit browsers such as Chrome will limit access to the professional charts that call for a Java plugin compatible exclusively with 64-bit browsers. The platform offers 74 assets in stocks, indices, commodities, and currencies.

Email

support@firstbinaryoption.com ubinary@ubinary.com

Phone

No phone support 4420 3695 9422

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.

uBinary offers five types of trading accounts:

Micro Account $250 – $499 deposit

  • $20 Minimum Stake
  • 20% Bonus
  • Free Training
  • Free Signals – 14 Days
  • Up To 70% Payout
  • Trader Protection Insurance

Mini Account $500 – $999 deposit

  • $20 Minimum Stake
  • 25% Bonus
  • Free Training
  • Free Signals – 30 Days
  • Advanced Guide
  • Up To 75% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Standard Account $1,000 – $4,999 deposit

  • $50 Minimum Stake
  • 30% Bonus
  • Free Training
  • Free Signals – Unlimited
  • Advanced Guide
  • Personal Broker
  • Up To 80% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Gold Account $5,000 – $9,999 deposit

  • $150 Minimum Stake
  • 40% Bonus
  • Free Training
  • Free Signals – Unlimited
  • Personal Broker
  • Advanced Guide
  • Up To 90% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Platinum Account $10,000+ deposit

  • $250 Minimum Stake
  • Up to $5,000 Bonus
  • Free Training
  • Free Signals – Unlimited
  • Personal Broker
  • Advanced Guide Guide
  • Up To 95% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Place Trades Over Phone

No
Yes

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.

uBinary offers payout up to 95%.

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, Arabic
Customer Service Hours: uBinary offers 24-hour customer support.
Place Trades Over the Phone?: Yes
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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

Payouts Percentage

80%

95%

Located In

Cyprus London, United Kingdom

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

Trade Types

First Binary Option offers six trade types:

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

uBinary offers the following trade types:

  • Above/Below
  • 60 Seconds
  • Speed Trading
  • Option Builder
  • Long Term

 

Deposit Options

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

Withdrawal Options:

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

Assets

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

Comission

No
No
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You shouldn’t expect only a wide array of functionalities and scalable pricing plans from a well-known Binary Options Brokers. Almost as significant as key features is a trustworthy customer support. You want to ensure that when you have any questions about uBinary or First Binary Option Service, or you run into a problem, or perhaps you’ll need to request a certain revision or feature beneficial to your business you can trust in a responsive and helpful customer support. Examine whether options such as phone support, tickets or live chat are offered. It’s also a major asset if you are able to benefit from individual training or at the very least an FAQ you can use.