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24Option Broker Review

24Option Broker Review


            24OPTION GENERAL INFORMATION

■ Foundation: 24Option was found in 2010

■ 24Option Regulation: Regulated by CySEC (No 207/13), registered also with the FCA (UK) and BaFin (De)

■ 24Option Offices: 24Option maintains headquarters in Cyprus (EU)

■ US Residents: 24Option doesn't allow traders from the US -No-

Islamic Accounts: Yes

■ Platform: Tech Financials

■ Languages: 24Option supports 18 Languages {English, Spanish, Arabic Russian, Danish, Chinese, Greek, Swedish, Korean, Indonesian, Italian, Dutch, Turkish, Japanese, Romanian, French, German, and Portuguese}

■ Demo: YES

■ Bonus: up to 100%

■ Minimum Deposit: $250

► Visit 24Option


24OPTION PAYOUT / REFUND RATE

 ■ 24Option Payout is 70-89%
 ■ 24Option Refund is 0-4%
 ■ Maximum Amount Per Trade in 24Option is $100,000, Minimum is $24

► 24Option New Accounts

TRADING ASSETS & INSTRUMENTS

24Option is providing more than 100 Financial Products:

 ■ 30 Forex Currencies

 ■ 11 Commodities

 ■ 19 Indices

 ■ 43 Stocks 

24Option is providing several trading instruments including:

■ Low / High Binary Options

■ Out / In Boundary Binary Options

■ No Touch / Touch Binary Options

■ 30 / 60 Seconds Binary Options

Expiry times include 30sec, 60sec, 120 sec, 5 minutes, then every 5 minutes, end of day, weekly, monthly.

 

ACCOUNT INFORMATION

OPENING ACCOUNT AND FUND METHODS

■ The minimum deposit in 24Option is 250 USD

Account CurrenciesUSD, EUR, GBP, JPY, RUB

Deposit / Withdrawal Methods include:

■ Visa and Mastercard

■ Western Union

■ JCB

■ Wire Transfer

■ CashU

■ Diners Club Int.

■ LibertyReserve

■ Skrill

■ Neteller

■ REGULAR ACCOUNT: First withdrawal is free 

■ GOLD ACCOUNT: One Free Withdrawal / per Month

■ PLATINUM ACCOUNT: Every withdrawal is for free

24OPTION FEES

■ CREDIT CARD FEE: 3.5% charge

■ LIBERTY RESERVE FEE: 1% charge

■ WIRE FEE $ 30 / 25 Euros (Minimum wire withdrawal is $100 / 100 Euros)

BONUS AND DEMO ACCOUNTS

■ Demo Account is available at 24Option

■ 24Option Bonus: The available bonus is up to 100% for new accounts

■ Bonus Withdrawals: Traders need to achieve a trading volume X50 the bonus in order to withdraw it -Yes-

► 24Option New Accounts 

NEW ACCOUNT DOCUMENTATION

24option will demand the below documentation only before the first withdrawal:  

(1) Official and Valid ID (picture included) 

(2) Official proof of your address

(3) If credit cards were used in order to deposit funds then it is needed the credit card front and back where the last 4 digits are visible.

 

24OPTION CONTACT INFORMATION

■ Main Office:

24Option Broker is owned by Rodeler Ltd.

Agias Fylaxeos & Zinonos Rossidi, 2.

P.O. Box 59655, Limassol 4011, Cyprus

Tel: +357 25 030600

Fax: +357 25 030329

 

PROS AND CONS (According to competition)

24OPTION REVIEW PROS & CONS

√ 24Option PROS

X 24Option CONS

√ High Payouts Rate, up to 89%

√ Secure trading environment for beginners and professional traders

√ Regulated By CySEC and registered with FCA UK and BaFIN

√  Trader's Education, free trading signals

√ User-friendly platform, enables quick and easy binary options trading

√ 24/7 support, Phone and Live Chat

X No serious Cons

 

 

24OPTION REVIEW CONCLUSIONS

24Option is a very large binary options broker, operating since 2010. 24Option is regulated by the CySec since 2013 and registered also with FCA UK and other similar European bodies. That means extra safety as concerns trader’s funds. 

24Option is based on the Tech Financials platform and provides a very attractive, and user-friendly, trading interface. 24option offers a full set of binary trading features and instruments, such as 30/60-sec Options, Touch/No Touch Options, etc. The asset index includes more than 100 financial products. The maximum payout rate is 89% while Gold accounts offer an extra of 2%, and Platinum accounts an extra 4%.

24option provides a very good Customer Service, operating 24/7 via eMail, Live Chat and Telephone. There is multilingual support and personal account managers. The minimum account is 250USD and it may be funded via several methods including wire, cards, Skrill, Neteller, etc..

24option offers up to 100% welcome bonus to all new traders, plus free trading signals and free education. In addition, 24Option provides monthly competitions, where clients can win large cash prizes. In overall 24Option is one of the top choices for trading Binary Options, offering high safety of money, a wide range of options and good Payout Rates.

 

► Visit 24Option

 

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■ 24OPTION REVIEW

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