24Option is a binary options trader pioneer that has gained prominence, due to its impeccable array of features and professional services. Since its onset in 2010, it has continued to make a name for itself as one of the best binary options brokers in the world.
24Option offers one of the most user-friendly trading platforms in the industry. This comes with a great user interface that is perfectly arranged, making it easy for all types of traders to navigate through the system. One of the most notable features that come with the 24Option trading platform is that traders are given the chance to prepare for their next transactions early.
This is facilitated by a pop-up window situated just above asset. The window gives traders real time information on the financial market with chart analysis as well.
24Option General Information
Below is some general information you may need to know about trading with 24Option.
- Trading Markets: Sticks, Commodities, Indices, Currencies
- Currencies: Euro, British Pound, US Dollar, Japanese Yen
- Account Funding: MasterCard, Diners Club, Visa, JCB, Liberty Reserve, Moneybookers and Wire Transfer.
- Demo Account: Yes – One of the best platforms to have a Demo Account on.
24Option has its headquarters in Limassol, Cyprus and this broker lives up to its name by providing a welcome bonus of up to 100 percent (Bonus terms and conditions apply). Traders can make potential profits of 88 percent on successful trades but may also lose all of their invest capital.
As we have highlighted above, there are a good number of currencies that traders can use to trade. It’s important to note that once a currency is selected, it cannot be changed. There trading limits and the minimum deposit a trader can trade with is $24 while the maximum amount one can trade is $200,000.
When it comes to deposits, the broker requires a minimum of $250. You can get a full list of the assets in the trading markets by accessing the website. Though there is a free demo account, our investigation learned that this is only accessible if the trader deposits the $250 minimum.
24Option provides informational material that traders can use to learn a bit more about trading and the options available in the markets.
- Let’s look at more details on the features within the platform.
- Trading Accounts – Various ranges from Gold to Platinum
- Assets – Carries the most underlying assets available to trade.
- Deposits and Withdrawals – Pretty simple and fast transactions
- Customer Support – Top notch support that gets in touch with you quickly. Very Responsive.
The 24Option platform comes with three types of trading accounts that you can use namely: Standard, Gold and Platinum. The access to accounts is subject to the deposit amount; there are various instruments for trading. These include: Binary, One Touch and High/Low. With One Touch, traders can receive possible pay-outs as high as 360%. Those instruments involve higher risk of loss of all of your invested capital.
Traders are given the freedom to trade in 13 currency pairs, three commodities, 10 indices and 24 stocks. As mentioned above there are various ways you can deposit money for trading. When it comes to withdrawal, there are no limits on the maximum amount a trader can withdraw. However, if you are withdrawing via wire transfer, you will need to withdraw at least 100 Euros, Pounds or Dollars. In Japanese Yen, that is a minimum withdrawal of 100,000.
24Option provides a 24 hour customer service via live chat, phone and email. This is one of the few brokers with a customer service department that supports various nationalities. There is local phone support for countries such as Cyprus, Italy, Spain, France, Norway, Romania and others. Their live chat also supports various languages; this is indeed one of the most helpful customer service providers.
24Option is a broker that understands what traders’ need–a user-friendly platform that helps traders expand their trading experience. This is exactly what they deliver with possibilities of high returns and freedom to trade from anywhere in the world, 24/7. “However, please bare in mind, Investors can lose all their capital by trading binary options”