First Binary Option Broker
| Company: | FirstBinary |
|---|---|
| Maximum Trade: | |
| Minimum Trade: | $1 |
| Minimum Deposit: | $5 |
| Withdrawal Fees: | |
| Minimum Withdrawal: | |
| Bonus: | |
| Payout: | Up to 80% and Return on loss up to 15% |
| Account Currencies: | USD and Euro |
| Currency Pairs: | AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, EUR/USD, GBP/AUD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/USD, NZD/CAD, NZD/CHF, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY |
| Tradeable Asset: | Forex, Commodities and Stocks |
| Trading Platform: | FirstBinaryOption |
| Trading Instruments: | One Touch, No Touch, In Range, Out Range |
| Established: | 2011 |
| Licenses: | Not Licensed |
| Location: | |
| Regulation Status: | Not Regulated |
| Payment Methods: | Skrill, MoneyBookers, OkPay, WebMoney, Liberty Reserve, RBK Money |
| Ratings | |
| Trading Plarform: | 4/5 |
| Website: | 4/5 |
| Banking: | 4/5 |
| Customer Service: | 4.5/5 |
| Bonuses: | 4/5 |
| Customer Experience: | 4/5 |
| Overall Score: | 4/5 |
| Assets: | 4.2/5 |
| Reliability: | 3.8/5 |
| Charting: | 3.5/5 |
| Withdrawal: | 4/5 |
FirstBinary, a binary option broker was established in the year 2011 and has been created by the trading professional who has rich experience in the financial markets. The company provides to its customers the opportunity to work in the OTC market. Today, the trading platform offered by them is the most advanced one which allows large number of traders to trade with them simultaneously. They allow the traders to start working with just 5 USD or Euro and that too without using the leverage mechanisms. The best thing about binary option trading is that the trader comes to know about the profit or loss beforehand and it can help them in hedging exchange risks on the spot markets.
The trading platform offered by FirstBinary to its customers is an in house proprietary called FirstBinaryOption platform. The first look of the FirstBinary platform may look different from the normal binary option platforms. However, a closer look shows that it is very much similar to the other platforms, the only thing being that it is labeled differently. The platform is very easy to use and all the main functions have been labeled clearly. They can easily select the options they want from the drop-down menu. The platform allows limit orders, one click trading and also they have charting package. The email alerts are also sent to the traders.
The company offers a number of trading options like, high/low, no touch, one touch, in range, out range and closed contracts. Closed Contracts is an additional feature which is offered by FirstBinary. This is one feature which shows traders the closing time of any of the assets. The other advantage of this feature is that there is a calendar that shows the history of the closing time of that particular asset on a particular day. The payout on the trading done depends on the asset chosen and can be up to 80% on the investment made. They also offer returns on the investment that has run into loss or the unsuccessful trade and for it the refund is up to 15%. They have about 40 types of assets that has been diversifies into forex, stocks and commodities. They offer to their clients a number of ways to make deposits and withdrawals. Some of the methods include: Skrill or MoneyBookers, OK Pay, Liberty Reserve, WebMoney and RBK Money.
The customer support service by FirstBinary option is available in English and Russian. The service can be availed through email and live chat. They do not have the facility of phone or call back. The email response time is pretty quick and is about 48 hours. However, the email support is only available for inquiries related to finance and technical issues. The withdrawal of funds also is processed within 24 hours’ time. The customer support staffs are well trained to handle all types of trading related issues and they have a very friendly attitude. This broker is definitely worth trying for those looking for binary option broker.