- August 4, 2016
- Posted by: Alex Bobes
- Category: Binary Options Brokers
24Option Broker Review
24Option is one of the leading binary options brokers, being by far one of the best options you can find on the market. Their services are top-notch and traders will have a tremendous experience from registration to trading and learning. At 24Option, you will discover that benefits are greater than risks. Once you join this binary options broker you will get access to the most extraordinary tournaments, trading options for every budget, mobile access to their trading platform, exquisite online learning and more.
Based in Cyprus, 24Option provides an intuitive trading platform developed on the latest technologies, being great for both newbies and professional traders. The broker offers many incentives on a regular basis, putting great emphasis as well on V.O.D seminars, webinars, daily news, analysis and more. Formerly owned by CBAY Financials, 24Option is managed today by Rodeler Ltd and licensed by the Cyprus Securities Exchange Commission (CYSEC) under the license number: 207/13.
Terms of Trading
If you’re looking for a binary options broker who is offering lots of bonuses, tournaments and trade packages, then 24Option is one of the best options on the market. They have a large variety of promotions, deals, bonus offers and trading accounts. As for what regards the returns offered by 24Option, they have some of the highest in the industry – payouts available reaching up to 88%. Out of the money trades can also be put under a rebate of up to 15% of the money invested.
Opening an account at 24Option is an easy and free process. To sign up you just have to click on the Sign Up button on the top menu on Home Page. While you are filling in the registration form, you may choose your Account Type. At 24Option, they offer five types of accounts (Basic, Silver, Gold, Platinum, Diamond), each having their own amazing perks. Once you register at 24Option, be sure you will be getting:
- First monthly withdrawal for free;
- 24/7 Customer Service;
- Professional Chart;
- Trading Central (basic).
The trading platform provided by 24Option is one of the most advanced, hi-tech binary options trading platforms in the industry today. 24Option’s trading platform is developed in a secure environment and has a user friendly interface that offers you a fast and enjoyable trading experience. Once you register and log in to your account, trading starts on the main trading page and you can choose between several types of options: High/Low, One Touch, Boundary and Short Term Options. Though many of the binary brokers rely on two leading trading platform providers (SpotOption or Tradologic) to supply the trading engine, 24Option’s trading platform is provided by Tech Financials.
With over 100 different types of underlying assets, 24Option has one of the most comprehensive list we have ever seen. Either you prefer stocks or commodities such as Oil, Gold, etc. you will find all you wish for at 24Option. With 24Option, you can also capitalize on the essential idea of Forex without having to use a complicated investment structure. Forex binary options are basically binary options that use a currency paring as its asset. When you trade in options, you will be actually trading in the true core of global Forex markets and you will get all you need to start at 24Option: market news, live signals, educational center and more.
At 24Option you will find so many benefits you will never want to deal with another binary options broker again. They have one of the most efficient trading platforms on the market, some of the most exciting tournaments and promotions where you can win huge prizes and a large variety of account types that give you access to everything you have dreamed of in binary options: first monthly withdrawal for free, 24/7 customer support, professional chart, trading alerts, trading central (basic), SMS & email alerts, a personal coach, live trading sessions, research website, FOREX/CFDs, Juventus tickets, customized platform, higher trading limits and exposure. Who could wish for more?
24Option offers four main types of options, including:
- Classic Binaries – Above/Below and High/Low options;
- One Touch Binaries – Touch/No Touch and High Yield Touch Binaries;
- Boundary Binaries – Standard Yield and High Yield Boundary Options;
- Short Term Binaries – binaries with short expiry times (from 30 seconds to 5 minutes).
At 24Option you will find one of the best education centers in the industry as the binary options broker is fully committed to its traders. The education is equipped with a large range of trading tools, strategies, videos, webinars, signals, market analysis and more. The education center comes on three levels (Basic, Intermediate and Advanced) and you will get to know the world of trading, learn the latest tips and techniques, master strategies that will transform you into a successful trader. Even more! Starting with Silver account you will get access to a personal coach who will help you in your trading needs.
The quality of 24Option’s customer support is second to none. Offering support in 15 major languages, you will meet one of the best customer support teams you have ever seen – professionals are friendly and give fast responses no matter your concerns might be. Access to the support team is available via email, Live Chat and phone.
24Option combines the industry’s highest level of security with an user friendly interface for fast, simple and safe banking transactions, offering a large array of methods that you can use to fund your account, whether you want to use a credit card or transfer funds via wire transfer.
For deposits, 24Options requires a minimum deposit amount that varies by funding type as follows:
- Credit Card: $250/€250/£250/¥50,000/ руб 10,000
- Electronic Payment: $250/€250/£250/¥50,000/руб 10,000
- Wire Transfer: $1000/€1000/£1000/¥100,000
To make a withdrawal you must first have all your documents on file (proof of ID, proof of residence, complete assessment of appropriateness, payment method verification). Once all these steps are concluded, you can make a withdrawal request that will be solved as quickly as possible.
Broker pros and cons
24Option has some amazing perks and services, being one of the best binary options brokers you will find on the market. What makes 24Option stand out is their: dedicated customer support, attractive range of incentives and benefits, large cash prizes for trading competitions, multiple languages support, unique and secured trading platform and wide coverage of markets. As a con, we would mention that the demo account requires a deposit of $250 before access is granted.
There is no binary options broker around which can reach the quality of services being offered at 24Option. In addition, the wide range of incentives you will find at 24Option makes it one of the most attractive binary option traders around.