24option Review

Details

Broker	24option
Website URL	www.24option.com
Founded	2010
Headquarters	Cyprus
Support Number	+357 25 262789
Support Types	phone, Email: [email protected], Live Chat
Languages	English, French, Italian, Japanese, Spanish, Portuguese, Arabic, Turkish
Trading Platform	Tech Financials
Minimum 1st Deposit	$250
Minimum Account Size	$250
Minimum Trade Amount	$10
Maximum Trade Amount	$2500
Bonus	100% up to $1,000
Payout	89%
Free Demo Account	Open Demo
Regulated
Regulation	regulated by Cyprus Securities and Exchange Commission (CySEC)
Fees
Fee Info	24option charges $30 administration feeper wire transfer withdrawal request
Commissions
Commission Info	No hidden commissions
Account Types	demo account, standard account, silver account, gold account, platinum account
Deposit Methods	wire transfer, instant bank transfer, credit cards, Skrill/Moneybookers, Neteller
Withdrawal Methods	wire transfer, instant bank transfer, credit cards, Skrill/Moneybookers, Neteller
Number of Assets	135
Expiry Times	from 60 seconds to 1 month
Types of Assets	forex, stocks, commodities and indices
Option Types	binary options, one touch options, option builder
Trading Currency	Trade all major forex pairs, most minor forex pairs and even exotic ones like USD versus bitcoin
Account Currency	euro, dollar, pound, yen
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score	6.9

Full Review

24option review

To be competitive in an existing market sector is always than competing in an upcoming market because clients already know what to expect. Both binary option traders and forex traders know that money flows in and out the system safe and secure. It is logical to assume certain expectancies must be met before traders use a certain broker. In market sectors new for most people, like binary options, websites and companies have to fight hard to explain their product and to gain trust of potential customers. 24option fights hard. The broker offers video’s that explain the product, the website and it’s features and educate visitors on how to trade binary options. The returning subject in the video’s is clear: how easy it can be to successfully made binary options online and make money from your PC, smartphone or tablet doing it.

For people new to binary option trading: binary options are a new, unique way to trade the markets. In simple wording, trading binary options means that normal people like you and me can predict the trend of an asset, stock, currency pair or index goes up or down, and make money doing so if we’re correct.

24option binary option trading platform

The binary option market is open 24/7 on 24option, hence the name 24option. On most other binary option brokerage websites the trading of binary options is only available from monday to friday and not in weekends and holidays. Traders from any timezone world wide can trade binary options on the financial markets and it’s assets. 24option has a PC version, a web-based trading software where no download is required and a smartphone and tablet app for both Android and iOS devices so you can trade binary options anytime, anywhere. The videos on 24option explain you the risks, trading different financial assets and products and give you money management tips, basically all the information you need to trade binary options using the 24option binary option trading software.

24option assets

24option offers you the opportunity to trade different markets. The extended portfolio binary option products includes popular forex pairs like EUR/USD but also less known (exotic) forex pairs like USD/ZAR (United States Dollar versus South African Rand). You can also trade commodities like gold, silver, crude oil, coffee and many more. It’s also possible to trade stocks like Apple, Barclays and Google using 24option.

24option account types

24option offers it’s clients different account types to trade binary options. With the demo account people can get used to the 24option binary options trading platform with virtual or demo money, hence not risking their own money. Then there are several real money accounts available ranging from Standard Account to Platinum Account and with the VIP loyalty program one can increase in status unlocking higher payouts and new, advanced features.

24option reliability

24option is fully regulated and licensed to offer you binary option trading on a wide range of financial assets. 24option likes to be as transparent versus it’s clients as possible, showing you your transaction history, your investments, profits, losses and received bonuses. This trading history is available in a printable version in Microsoft Excel and in a Mac version so you can simply print it out and file it to your tax man whenever this needs to be done.

24option bonuses and promotions

24option does not offer a rebate or cashback program as some other binary option brokers do. Instead, they have offer a very nice welcome bonus upon first deposit, frequent bonuses on deposits for existing clients and monthly binary option trading tournaments. You can try binary option trading on 24option for free using the demo account or trade for real money from a minimum deposit of $250. The first deposit bonus or welcome bonus offered by 24option is 100% up to $1000 so decide wisely which amount you want to invest as you will only receive this massive double-up welcome bonus once.

24option deposit and withdrawal

Depositing and withdrawing funds on 24option is fary easy and done within minutes. You can fund your 24option account by wire transfer, instant bank transfer, Skrill/Moneybookers, Neteller and by creditcard.

24option review conclusion

24option is a very good and reliable binary option broker for people new to binary option trading. With many educational material like video’s, seminars and 1 on 1 training sessions available anyone can become a binary option trader within minutes by becoming a client of 24option. The binary option platform is one of the easiest to understand and the pay outs are high on all types of binary options. In the United Kingdom 24option is one of the best binary option brokers available.

Pros

• Easy to use binary option trading software
• Fully regulated and licensed binary option broker
• Trade binary options on forex, stocks, commodities and indices
• High welcome bonus of 100% up to $1.000
• Lots of educational material like video's, seminars and 1 on 1 training sessions

Reviews

There is no review.