24Option Review

This unbiased 24option review was made so that prospective traders can make an informed decision before signing up with the binary trading platform. In order to attain this, we established a 24Option Review team with a goal of making an all-inclusive review of the broker service.

The 24Options platform offers first-class binary options trading service. The wide range of services provided makes the expert trader to be at ease with the platform. On the contrary, new comers into the binary trading world may find the versatile service of 24 Options a bit overwhelming and may be nervous at first. However, the 24options support team does take time to expound on the benefits of the platform and allay the fears of new users.

The trading platform is quite remarkable with diversified category of trading options that facilitate investment appropriate for all budget sizes. Also, the trading account can be accessed from mobile devices in order to take advantage of trading chances while on the move. 24Option is one of the few brokers recommended at our website.

  Basic information:

Binary Option Website:
24Option
Regulating Authority:
Cyprus Securities Exchange Commission
Web Trading:
Yes
Mobile Trading:
Yes
Withdrawal Fees:
One fee-free withdrawal per month

logomakr_6ky3lp  Possible payouts

During the detailed 24Option review, we also found the payout system to be outstanding because it is often higher than the industry average. The payout range between 70 and 89% on successful trades. For most 60 Seconds options, traders have been able to make up to 70% payout. In our opinion, this is quite awesome for a 1 minute trade.

Personal account managers do provide pertinent information to traders such as the variation of payout as new assets are added into the platform. An important fact to bear in mind is that traders can also lose their entire capital as well. However, the fact that all payouts (including out of money payouts) are viewable on the trading platform serve as a source of comfort to the investors.

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comparison  Account types

The various incremental accounts of the 24Options platform is quite motivating. Accounts include Standard, Gold and Platinum. The maximum benefits such as high/low options, high yield and more options are enjoyed by Platinum account holders. They also get priority updates about the latest market trends as well as personal training sessions. Gold account holders are privileges to trade all options and also get 2% return on each option. All options are open to Standard account holders as well as 24 hour access to support

It is expedient to have a good understanding of all account and chose one that is best for your trading style. Insight offered by account managers prove to be valuable in making trade decisions especially for newbie traders. For every entry level trader, the free demo account is compulsory because it provides an avenue for the new trader to get familiar with binary options. Without this, many new traders will be confused.

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 Screenshot: 24Option Review

logomakr_7j7bkp  Assets

24Options allows binary options to be traded on diverse range of assets such as currencies, commodities e.g Gold, Silver; leading stocks e.g BMW, Google and Indices e.g DAX, NASDAQ. Our review found the various tradable assets of 24Options awesome in that it provides viable alternatives for various trade levels.

Boundary options are our best choice. High Yield options can also be quite rewarding when traded with caution. After traders get a better understanding of the platform, they begin the appreciate its usefulness and pay more attention to the assets and available options. The option to close early which is present in the Online Trading feature of the latform is an added incentive to traders.

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banking  Deposit and withdrawals

The interface used by traders for account deposits in 24Options is quite easy to understand. The options are fast and secure, a new user who has never traded before can make use of it. Funds can be deposited in GBP, USD & JPY through digital payments. 24Options takes security as a matter of upmost importance. You can be rest assured that your funds are transmitted securely.

The minimum deposit on the 24Options platform is 250 GBP, Dollar or Euro and roughly 25000JPY. The platform allows funding through MasterCard, VisaCard, Digital payments and bank wire transfer. Also, the modalities of withdrawal of funds from 24Options platform is much more flexible than most brokers.

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logomakr-layerexport-1  Customer service

We have mentioned quite a number of great features in the services of 24Options. However, we reserve the best for last which is the exceptional customer service. In options trading, customer service is very important to the trader and the 24Options platforms provides superior, all-inclusive customer support service. The sheer number of language available on support is amazing. This is very important feature for international traders who desire to be attended to in their own native language.

Live Chat is available in English and a few other languages. While English is the most common language in use, support is also available in 13 other languages. For support on trading, the trader has the choice to contact support through Live! Chat, email and telephone numbers. Through these avenue, 24Options provide prompt and professional support to traders from around the globe.

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summary  Summary:

Our 24Option review team came to a conclusion that 24options offers a user-friendly platform for trading binary options. Moreover, the returns on the platform is relatively higher and provides 24hrs access to customer service for assistance on trading. All the great features discovered during the 24Option review give us the confidence to recommend the trading platform without reservation

Additional information

Customer Service: Live Chat / Email: info@24option.com
Languages: English, Spanish, French, German, Italian, Danish, Swedish, Russian, Latvian, Japanese, Arabic, Romanian, Korean, Finnish, Indonesian, Turkish, Portuguese
Trading Options: High / Low, Boundary, Touch Options, High Yield Options
Assets: Currencies, Stocks, Indices, Commodities
Expiry Times: 60 sec, 2min, 5min, 15 min, 30 min, 1 hr, 24 hr+, End of Month
Deposits and Withdrawals: 
Withdrawal Time: 1-3 bank days
Demo account: Yes

Start trading

Read our reviews of more binary options brokers :

OptionBit – Read review and comment         Finpari – Read review and comment
TopOption – Read review and comment        OptionFair – Read review and comment

xD95

xD95

George has worked in investment banking for 10 years and is the main author at 33markets . He holds a Master's degree in Economics.
xD95

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