First Option FX LTD Review
28
Review
Fast Facts
Contact Info and Support
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 0 |
| August 2025 | 0 | |
| September 2025 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - | |
| Top keywords | xstation 5 | 6940 ◦ $2.21 ◦ $0 |
| exness mt5 download | 3350 ◦ $1.12 ◦ $0 | |
| xstation5 | 2680 ◦ $1.98 ◦ $0 | |
| first option | 1000 ◦ $0.11 ◦ $0 | |
| ic market raw spread vs standard | 310 ◦ $0 |
About First Option FX LTD
First Option FX LTD is not authorised by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA has issued a warning stating that the firm “may be providing financial services or products without our authorisation.” Dealing with this firm means there is no access to the Financial Ombudsman Service or coverage under the Financial Services Compensation Scheme (FSCS) ().
The broker operates using the MetaTrader 5 (MT5) platform, offering a range of instruments including over 40 currency pairs, indices, metals, stocks, and cryptocurrencies. It promotes account types such as LITE, Extra, and VIP, with minimum deposits reportedly starting from $500 to $2,000, spreads from approximately 1.3 pips for VIP accounts, and maximum leverage up to 500:1 ().
Pros and cons
Pros
- MetaTrader 5 platform, a widely used and feature-rich trading interface ().
- Wide range of tradable instruments, including forex, indices, metals, stocks, and cryptocurrencies ().
Cons
- No regulatory oversight or licensure from recognised authorities ().
- FCA warning against unauthorised operation in the UK ().
- Reports of withdrawal issues and customer complaints ().
