24option Review : 24Option is an award winning binary options broker platform which has been known for providing an excellent and world class service. The platform is known for its customer oriented service and the world-class trading experience that it strives to provide to its members.
The platform was established in the year 2010 and since then it has been known to be one of the leading binary options brokers that provides satisfactory trading results and a plethora of assets to deal with. It has been also a favorite among newcomer traders who are quick to adapt to its learning tools.
In this 24Option review, I will introduce you to this phenomenal broker and give you a fair Idea about all the important features which makes this a unique trading platform.
Is 24option a Scam ? Read our Review :
24 Option: General Details of the website
24Option was released in 2010 and since then it has gained a reputation like no other broker platforms. The headquarters of the platform is situated in Limmasol, Cyprus and it is owned by the Rodeler Ltd.
It is also a well-known broker which is licensed under the license number 207/13 and is regulated by the International financial regulatory body CySEC. This is a safe and well-established broker with experience as a trademark and it recently made an official partnership with Juventus Football Club and former world number one tennis player Boris Becker.
24Option doesn’t accept traders from the US and Australia. However, it is open for international traders from all around the world. Traders are allowed to do transactions in many international currencies including USD, EURO, Yen or GBP.
The website is known for its amazing 100% bonus and the 89% maximum returns. You can make a minimum investment of $24 and this can reach to a maximum of $50,000. The minimum deposition is as usual, $250.
24Option provides a total of 5 account types which you will require to choose in order to start trading. The account types are namely Basic, Silver, Gold, Platinum, and Diamond.
This is the initial starter account which anyone can gain access to with a minimum deposition of $250. This can give you a maximum payout of 82% which is quite good for a basic account.
Moreover, you will have access to 24/7 support, the professional chart which allows you to use strategies like Fibonacci to help decide where the markets are moving. It also provides access to Trading Central which is one of the world’s largest trading tool and analysis providers. Although your first withdrawal will be free the Basic account will charge a certain amount of money for withdrawals monthly.
It also provides access to Trading Central which is one of the world’s largest trading tool and analysis providers. Although your first withdrawal will be free the Basic account will charge a certain amount of money for withdrawals monthly.
The Silver account consists of all the features available in the Basic account along with a personal coach or an account manager who will help you clear all your doubts. It also has a maximum payout of 82%.
The Gold account comes with a maximum of 84% payout and is packed with all the important features that are available in the previous accounts. This also gives you real-time updates on the economic events directly via SMS or email alerts.
The Platinum account is among the two best account types available in 24 Options which comes with an 86% maximum payout and you will be no more charged with monthly withdrawal fees.
With all the features from the previous accounts, this will have an additional Live Training Session in which you can request a one on one trading session with your account manager, you can also get unlimited access to the industry’s most powerful tools and analysis provider and do research. You can also trade on the movements of currency pairings with Forex binary options/ CFDs.
The Diamond account is the top most account which will give you access to all the features that were available in the previous accounts and you will be given tickets to attend Juventus’ matches. You will also get a customizable platform and also higher trading limits and exposure.
Additionally, 24Option also provide you with a free Demo account which can be utilized to learn all the necessary things you need to learn before getting started with the platform.
How to start trading?
Getting started with the 24Option is easy all you need to do is to fill in your personal details in the online registration form by clicking the Sign Up option given on the website. Once you are done with that you will have to choose the account you want to choose and make the minimum deposition before you start trading.
24Option comes with a number trading options which includes the basic High/Low, Short Term, One Touch and Boundary options. The High/Low and Above/ Below is the standard trading options.
Short term trading includes 60 seconds, 2 minutes and 5 minutes options. The One touch includes touch/no touch and High Yield Touch options.
The Boundary options are far more complicated but more powerful and it includes the High Yielding Boundary options which as the name implies is a high-profit yielding option.
24Option is known to provide a plethora of assets otherwise not available in many of the leading platforms. The assets include world currencies, stocks, indices, and commodities.
The currencies include all the well known international currencies and the commodities such as Gold, silver and much more are also among the tradable assets. International brands like Apple, Google and BMW are also included in the stocks. Indices like DAXX, NASDAQ, S&P500 and much more are available for trade.
Moreover, 24 Option also allows CFD trading and the platform has been designed to allow CFD trading to be an easy and comfortable experience.
Excellent Banking Facilities
24Option provides a very easy and convenient banking system which is free of any complexities and any newbie would be freely availing the banking services that are provided by the platform.
The deposition can be made in USD, JPY, GBP and much more and also you can do transactions through MasterCard, Visa or Credit cards and many other money transfer methods like digital payments and much more. The minimum deposition is $250 which in JPY is $25000
The withdrawal is also very safe and secure as per 24 Option is concerned the withdrawal can be made in near about 1-3 working days which is quite very fast.
24 Option has a reliable Customer Service
24Option is known for its amazing customer oriented support system which gives 24/7 assistance to its members. New traders can feel at home while trading with this platform as there are lots of online service including a live chat service which is available anytime.
Moreover, the assistance is available in 13 different languages and 24 hours a day and any international trader who is weak in English can always opt for any other language he is fluent at.
The platform also allows you more traditional ways of making contacts like on the phone and for that, a customer support phone number has been displayed in the ‘contact us’ section and you can always mail the support team if you hesitate to speak to these people directly.
Use the Platform anywhere anytime!
24Option is the best way to start binary options trading as it gives you access to easier ways of trading. The platform is compatible with almost all sort of personal device including iOS and android devices.
Just visit Google Store or the iOS APP market so as to download the app which will make it easier to trade with your smartphone. So, as long as you have a mobile device you can make use of this broker.
All you need is a smooth internet service and any kind of a smartphone to start your trading whenever you are on the go or when you are away from home and your PC or Laptop.
This makes 24 Option a very remarkable broker with all the flexibility which all the more makes it the right choice for binary options trading.
Excellent learning Tools: Guide plus Education Center
24Option is known for all the remarkable learning tools which have been made available on the website. The team has provided many possible ways to make a new trader who is not an experienced one to feel at home and confident.
There are video tutorials and learning materials in the form of a downloadable eBook too. The most helpful part of the 24 option website is the Education Center which is divided into a basic, intermediate and advanced section so that traders from every level of expertise can learn the best ways to improve their strategies for a better trading experience.
Conclusion: 24 Options is Highly Recommendable Broker Platform
24Options has one of the best facilities and features that make it one of the leading brokers in this highly competitive binary options market. The platform has the best learning tools and is more user-oriented which focuses on every level of traders.
There are brilliant trading options available and a huge number of assets to trade from. Moreover, the excellent support system strives to provide the best service to the members of the platform.
To conclude I would like to add that this is a highly recommended broker which has an experience of nearly 6 years and if you are a new trader this would be the best platform to start with.