Reviews of the best Forex brokers on the market.

24option

24option Review

Author
  • Platforms
  • Support
  • Instruments
  • Return
Review of: 24option
Product by:
Forex Brokers Hub

Reviewed by:
Rating:
5

Summary:

24option is among the largest and most successful binary options brokers in the industry. Headquartered in Limassol, Cyprus, 24option provides superior services to European, American Asian and Middle East clients. The main benefit of trading binary options with 24option is wide range of the trading instruments. You can trade almost anything at 24option, currency pairs, precious metals, stocks, indices and even commodities.

24option is among the largest and most successful binary options brokers in the industry. Headquartered in Limassol, Cyprus, 24option provides superior services to European, American Asian and Middle East clients.

The main benefit of trading binary options with 24option is wide range of the trading instruments. You can trade almost anything at 24option, currency pairs, precious metals, stocks, indices and even commodities. On top of this, 24options allows you to trade the way you want; you can exercise options in four different trading models:

  • High/Low
  • One Touch
  • Boundary
  • Short Term

 24option Binary Options Broker

Trading with 24option is incredibly efficient, the web-trading platform is quite intuitive and the whole user interface is very professional.

One of the key aspects about 24option is the education. This broker does not want you to gamble and loose your funds. The mission of 24option lies in providing you with required knowledge and skills to trade profitably and experience the binary options market in the best way.

24option Trading Accounts

There are traders of various caliber and to fit everyone’s needs perfectly 24option provides 3 types of trading accounts.

  • 24option Standard Account

Holders of this account type are entitled to trade any possible asset via any of the four trading models. 24option does not charge any commission on these accounts and provides 24/7 support.

  • 24option Gold Account

Having Gold accounts entitles you with all of the Standard Account holder’s rights and also provides you with a personal training session from one of the leading market experts. In addition to this, 24option provides Gold Account clients with extra 2% return on every trade.

  • 24option Platinum Account

These accounts are quite similar to the Gold Accounts, except of the additional return. While at Gold Accounts once can get extra 2%, Platinum traders enjoy extra 4% of the return.

24option Trading Conditions

The return rate generally varies depending on the instrument and trading type. Usually the payout rate starts at 70% and can go as high as 85%. Having said this, remember that you can get extra 4% if you are a holder of a platinum account, hence you may get up to 89% pay out!

24options provides you with 9 types of trading time frames among which you can choose even 60 seconds. While there is some risk involved in binary options trading, 24option allows you to almost double up your capital in less a minute.

24option Trading Platform

The trading platform of this top binary options broker is very nice to use. Personally, forexbrokershub can highlight the easiness of the navigation among the wide range of the instruments. It is possible to quickly sort the trading assets by clicking on the type of the asset. 24option allows you to filter the Indices, Forex Stocks and Commodities. Also, this broker has a navigation bar that allows you to quickly look up an interesting asset.

Binary Trading Platform 24option

Besides having a slick design, 24option platform is very well organized and illustrated.

24option Bonus

Not only 24option provides you with superior trading conditions, but also it rewards your trading with a bonus. To be eligible for a bonus, you need to deposit at least 2,500 USD and turn your capital at least 50 times. In other words, you need to simply trade the total amount of 125,000 USD to receive a 50% bonus. To get a bonus, it is recommended to contact your personal account manager after you create an account here.

24option Withdrawals and Deposits

This binary options broker offers you a quite some range in the deposit and withdrawal methods.

You are able to deposit funds via 11 types of credit cards, LibertyReserve and Skrill (MoneyBookers). Also, a wire transfer is available, but the minimum transaction amount is 1,000 currency units.

24option allows depositing in GBP, EUR, USD and JPY.

As for the withdrawals, there is a little commission. Generally, the commission starts at 1% and may go up to 3.5%. The minimum withdrawal amount is 100 GBP/EUR/USD or 10,000 JPY. If you are withdrawing via a bank, then instead of a %, a fixed commission is charged, which is 30 USD, 25 EUR, 20 GBP or 2,500 JPY.

24option Customer Support

The main advantage of the client support in 24Opton is the working hours. You can get your questions answered at any hour during every day of the week, although support in some local languages may not be available. You can access support via live chat, request a call back, call your local representative or simply shoot an e-mail.

The quality of the support is the best of breed. Your requests are handles professionally and with a speed of light.

24option Review Conclusion

If you are looking into binary options trading, then 24option is right for you. This broker prime focus is on the education, provision of knowledge and confidence. When you are signing up with 24option, you will receive personalized trainings and tons of educational material. Besides that, the amount of trading instruments is truly impressive, while the trading platform is quite easy to use. Depositing and withdrawing methods are rather effective. Unfortunately 24option does not offer a demo account, however after signing up you will be able to preview the platform and access the education.

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