24option

 

Broker24Option-logo
Website URL24option
Founded2010
Headquarters99 Bishopsgate, 15th Floor, London, EC2M 3XD
Support Number+44-2034045709
Support TypesManuals, Newsletter, Call Back, Phone, Chat, Email
LanguagesArabic, Chinese, Dutch, English, French, German, Greek, Indonesian, Japanese, Korean, Latvian, Portuguese, Romanian, Russian, Spanish, Swedish, Turkish
Trading PlatformTech financials
MIN deposit250$
Minimum Trade Amount 24
Free Demo Account Yes
RegulationYes
Number of Assets100
Account Types Standart, Beginners, Gold, Platinum, Diamond, Islamic
Deposit methodsCredit/Debit Cards, Bank Wire, Skrill (MoneyBookers), CashU, Neteller, Sofort, Neosurf, Webmoney
Account Currency JPY, GBP, CHF, TRY, USD, EUR, RUB
US Traders AllowedNo
Overall Score7.6

 

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24Option Review

Growing slowly but smart, providing investors with simple but proper tools, I believe that many traders would be satisfied with the conditions offered by the company we will discuss futher in the text. The navigations and explanations are good, brief, but simple and easy understandable. The trading process is easy to use and the live charts are available by clicking on the asset. If a trader wants to examine the asset more closely, (s)he doesn’t need to browse to other pages.

Should I open an account in 24Option?

Since 24Option is one of the best companies of binary options, one could be sure that there are a lot of good sides of investing money here. It all has been improved and re- designed since the foundation, so the accessibility to everything is up to date and easy to use. Simple tools are used to search anything, such as trading process.  The main thing is that one can click on High- Low tab, and get access to assets arranged by expiry time. The ones on the top have the shortest expiry time- 60 seconds, and the last one expires at the end of the day. In-the-money return is pretty convenient and satisfying. The average return is 88%. One also has the opportunity to close the trade before the expiry time to secure the profit, which is very important. The greatest problem is high minimum investment. This can limit the beginners quite a bit, but on the other hand, there is a demo for them, which is a virtual money to be traded by. The other great problem is a deposit of 250 dollars. Brokers with lower minimum deposit are certainly more acceptable. What goes in the favor to 24Option is them becoming a partner with Juventus Football Club, which is a great plus for credibility. You will easily get used to this platform since it is even easier to be used in comparison to other platforms. The platform 24Option works with is called TechFinanciels.  The regulation can be seen as a great advantage on its own. Traders can invest around 100,000 dollars in a single trade. This means that there is no problem with the broker paying out high returns.

Complaints on 24Option

What is really done is 24Option searched on the internet and then looked for scams and fraud. No complaints have been found. There is an active discussion going on where comments are being analyzed and it seems that bad comments are mostly coming from frustrated traders, which cannot affect the truth. When a complaint is seen as a serious one, it is immediately solved by the company, so the customers would be satisfied.

Bonus Offered by 24Option

Since everyone likes bonuses, they will surely like this bonus system where one receives 70% bonus if he deposits 5, 000 USD and he has to reach a trading volume of 50 times the bonus. It is a pretty easily achievable bonus since you will get it as long as you reach one hundred and seventy five thousand USD.

24Option Money Withdrawal

As broker can cause problems by withdrawing money, here the main thing is withdrawing the profit. It takes 3 to 7 days for the profit to be withdrawn but there is no such thing as maximum amount. Also, Moneybooker can be used. It speeds up withdrawing process and the fees are also lower. This is one more place where VIP account do not pay any type of fees.

24Option Ratings

User-friendly 9/10

Good sides of this company are already seen, but if the best should be said, it has to be mentioned that no software should be downloaded if ones needs the access to the website. Taking appearance into consideration, it is very modern. It has to be said that a simple click separates us from everything, there is not a lot of searching.  Language barriers will not be the problem because the site is available in 18 different languages.

Assets 8/10

Traders have a chance to choose what suits them most: from various assets to expiry time which can be from 60 seconds to a week or a month.

Commissions, Support and Effective Return 8/10

Investors who first deposit or purchase, will not pay any fees and they will get their first withdrawal for free. On the other hand, Gold account holders get a free withdrawal every month, while Platinum account holders will not pay their withdrawals at all. The Effective return is the highest in the industry, which cannot be bad in any way. One cannot refund his money, but there is an opportunity for the position to be closed from 2 minutes after purchase up to 5 minutes before expires.

Deposit, Payment and Bonus 8/10

Both withdrawals and deposits are available via different methods,, but for the withdrawals, the minimum of 100 dollars is obligatory. Specials and promotions for new customers can be found pretty often.

Extras 7/10

High/ low trading is not the only convenient thing. There is also one touch option which allows one to see whether an asset will touch a certain value before expiration time. The focus is only on this company, no other is included. This company is different in pointing out the education- there are 5 hour videos for the beginners to learn new thing, trading with pros and finding highest limits.

 

Summary
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24Option
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