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24Option Review

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Info

Name
24Option
Website
24option.com
Established
2010
Country
Cybrus

General Information

Established in:
2010
Maximum leverage:
None
Minimum deposit:
$250
Minimum deal size:
24$
Languages available:
English, Spanish, French, German, Arabic, Portuguese, Romanian, Japanese, Turkish, Italian, Indonesian, Korean, Swedish, Chinese, Danish, Russian, Latvian

24option is a Cyprus-based binary options broker. In addition, this award-winning broker has offices in more than 10 countries including Germany, South Africa, Canada, Russia, UK, France, and South Korea. With that said, here is a comprehensive 24option review:

Platform

24option's platform gives traders access to a wide range of underlying assets including currencies, stocks, indices, and commodities. In addition, it supports mobile trading. You can download the trading platform from both Google Play store and the App Store. According to 24option, this platform offers payouts of as much as 88% on more than 100 tradable assets. Traders will be happy to know out-of-money trades are entitled to a 15% rebate on the money invested. Opening an account is relatively easy. All you would need to do is to deposit funds (minimum deposit is $250) and start trading straight away. The three accounts available are platinum, gold, and standard trading account.

24option accepts all major credit cards including Visa, MasterCard, Discover, Skrill, Qiwi, Neosurf, Sofort, giropay, Moneta, and AstroPay. Finally, the 24options platform allows traders to use four types of trading contracts: classic, one touch, boundary, and short-term binaries. It is up to you to choose a binaries contract that suits your trading style. Take note you can use more than one type of contract to trade binaries. Last but equally important, this platform has all the tools and features required to trade binaries.

Support

24option provides round the clock support to its clients. Clients can get in touch with the company's customer care representatives via live chat, email, or telephone. What's more, you have never used 24option's platform before, you can take a virtual video tour to familiarize yourself with everything. Furthermore, 24option's video center has tutorials covering every binaries trading aspect. This includes trading psychology, market analysis, and financial management. It is worth noting that you do not necessarily have to contact the head office in Cyprus because you can get assistance from any one of 24option's offices located in different parts of the world including Singapore, Malaysia, Italy, Bahrain, Japan, Romania, India, and China.

Languages

24option's platform supports more than a dozen languages including Danish, Malay, English, Arabic, Hindi, German, French, Korean, Swedish, Latvian, Indonesian, and Turkish. In general, the major languages are covered.

Pips

24option claims that it offers some of the best spreads in the binaries trading industry.

Bonus Offers

24option runs several bonus programs on a regular basis. As an example, traders earn cash bonuses based on the amount of trading funds deposited. Furthermore, traders who deposit a minimum of €10,000 are eligible for a technology bonus. Overall, you should visit 24options website regularly to get up to date information on bonus offers.

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Execution Speed

While 24option has a 100% trade execution policy, a client's execution speed demands should be within the limits of current technology.

Regulation

This broker is regulated by the Cyprus Securities Exchange Commission (CYSEC) under license number 207/13. This is in addition to being a member of the Investment Compensation Fund.

Final Word

24option is a Cyprus-based binary options broker with a global presence and regulated by the CYSEC. This broker offers binary options traders a trading platform that supports more than 12 major world languages including English, Chinese, Russian, and French. What's more, 24option runs several bonus programs on a regular basis.

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