24Option broker review
Binary options broker 24Option is without any hesitations one of the most acknowledged leaders of the market. Broker’s platform lets investors work in a fast speed, yet with maximum comfort and high quality. One more important feature of the company is its professional team as well as great performance in customer and analytics support service.
Despite the fact that binary trading market is expanding more and more with each passing day, this particular broker stays the most attractive for users of all levels. And here are the reasons why.
24Option is a fully and completely licensed broker that is regulated by CySEC. Apart from that, nowadays, this company is a leader in the industry i.e it has a considerable amount of awards and is an official partner of a football club “Juventus” (Italy).
24Option Platform Peculiarities
The platform works really fast and due to its dark color, it is easier for eyes to work with it. On the left side, you can see all types of options, whereas on the right side you will see buy/sell buttons along with a linear chart. Unfortunately, it will not give you full and detailed information, therefore, if you wish to trade in a serious manner, you’d better take a live-chart or MetaTrader.
Apart from that, there is an opportunity to receive free signals right from the platform, yet it is available only for clients.
24Option is a representative of a possibility to finish the trade in advance, meaning that an option can be sold before it is exercised. As a rule, other brokers “foresee” such a chance only as a part of special trading regime. This opportunity enables to not only minimize risks but also get the profit at that exact time.
24Option Account Registration
Registration is one of the easiest things you have ever done. Here, you need to just fill a few lines stating your name, e-mail, phone number etc (personal data). NOTE*** You should always state only your real data, because if it is wrong, you will not be capable of passing a verification process (which is important in fight with money laundry and frauds) and consequently will not be able to withdraw the money.
24Option Binary Options Types
- Short-term – 24Option broker provides an access to a short-term trading that lasts from 60 seconds to 2 and 5 minutes. This variety of option trading is especially attractive for those who prefer to make decisions in a quick way and consequently get a result in no more than 5 minutes;
- One-Touch – This sort of trading includes simultaneous prediction of the price movement and its touch of this or that level. This gives a trader certain advantages in terms of withdrawing – the funds can be received only due to one price touch of an in advanced set level;
- Boundary – This kind represents a need of prediction in order to find the price in certain boundaries. Boundary is considered to be an optimized option/choice for those investors who enjoy working with technical analysis for predicting an approximate location of an asset price at different time intervals;
24Option Account Types
24Option offers 5 types of accounts. Each of them is counted for different client categories.
All company’s clients who open any account (including “Standard”) have an access to all functions of a trading platform as well as a full range of offered basic assets. Moreover, absolutely all clients have a right to use educational materials and free customer support.
VIP account holders (“Gold” and “Platinum”) apart from all the above-mentioned features, additionally receive more personalized service in a form of individual financial consultations and top-priority technical support. Besides, Vip-accounts provide higher levels of profitability on each trade as well as an opportunity to trade with an expert in real time etc.
Similar to many other brokers that work in this industry, 24Option also offers its customers a chance to work with a demo-account with an aim to get to know the platform and receiving so necessary practical skills. Speaking frankly, 24Option demo-account is not different from its competitors. An access to it is opened in a personal account after registration and adding minimum funds to it.
Basically, this condition is a general requirement of all binary options brokers. It should also be mentioned that some brokers practice paid usage of a demo-account. In case, with 24Option, everything is free, except a minimum deposit which is a sort of a guarantee that a client will keep working with a broker in the future.
The first and foremost thing a trader should do is to register as it was mentioned above. After that add minimum funds to one of the chosen trading accounts (minimum $250) in order to begin trading. The deposit can be made with the help of a credit card, wire transfer or bank payment.
Second step would be the selection of trading instruments by simply pressing the button “Trading” which is located in the main menu. When this step is done, you are absolutely ready to start trading. When the right variant and instrument is chosen, a trader should make a prediction in line with a specific variant. Later, he/she needs to decide upon the sum of investment and press “Buy” to begin trading. Minimum investment is $24.
In the section with the name “My opened trades”, you will see all variants of trades which are not exercised as yet. Here, you can make trades anytime.
Mobile Version Of 24Option
For super active traders, 24Option broker has developed a mobile version of its site. Now you have a possibility to trade from any place and at any time. No matter where you are, on vacation or on a break at work, you can always be in touch with the situation on the market as well as make operations 24 hours a day. One more pro: to have an opportunity to trade from your smartphone or tablet, there is no need to download or set any applications. Simply, enter from the browser on the broker’s site and you will see its mobile version.
Describing the mobile variant of the site, one should say that it has very pleasant impression for both beginners and advanced investors as well as surprises with its features and functions. Mobile site saved absolutely all functions and pros of an official one: you can get free trading signals, look at charts in real time and of course make deals. You have an absolute control over your account from any place in the world and at any time. Mobile version works in real time similar to an official site and therefore, doesn’t provide old information and data.
24Option platform has been leading on a market for a long time and their mobile version demonstrates a great speed and comfort too. The site performs amazingly good with such systems as Android, iOS, Windows Phones and even BlackBerry.
24Option Payments and Withdrawals
There are multiple ways to add fund, for example, through credit cards: Visa and MasterCard, wire transfer, electronic payment etc. The deposit can be in one of the 4 following currencies: Euro, USD, GBP and JPY (chosen currency cannot be changed).
Minimum deposit is 250 dollars, Euros, pounds or 25000 yen. The money is added before the beginning of a trading process.
Withdrawing method is even simpler – open the page “finances” and select a function “withdrawals”.
24Option really does have a high-quality team of experts that work in customer support. This point is one of the most significant for some traders, especially for ainexperienced beginners. Though, there are situations when even advanced investors experience difficulties and contact the customer support service.
The company provides a wide range of languages, which is definitely appreciated by international traders. Traders have a chance to select among English, German, French, Spanish, Russian, Italian, Japanese and many other languages.
The service can be contacted through e-mail or chat 24 hours a day, 7 days a week.
24Option educational system is very effective offering traders a free system of a step-by-step education. This system lets everyone who wants to not only improve knowledge but also receive an experience of practical binary options trading.
Company’s clients have a chance to master their skills by reading and learning electronic books and other materials or taking part in webinars where the company’s professionals share secrets of successful buying and selling.
Free Online Course
24Option is trying to do its best to make binary trading simple and available for its clients not depending on presence or absence of experience. Exactly for this, a broker has created a course of webinars with the help of which clients can get familiar with a platform and most profitable trading strategies which are checked by time and experience.
These webinars include everything a trader needs to see, learn and implement on practice. To become a participant of a webinar is very easy: to lead webinars, a broker uses a GotoMeeting platform, where traders should register. During the webinar, listeners can turn the screen to a platform thanks to which it is possible to get knowledge and implement it at the same time. It is welcomed when traders ask questions during the webinars.
The schedule of webinars can be seen on the broker’s site, that’s why everyone who wishes can subscribe into any webinar. If you cannot take part in it according to some reasons, you can contact an administrator or a customer service through chat and sign in for another suitable for you webinar.
Trader’s Electronic Book
24Option offers its clients to download an electronic book which will explain not only how the world of binary options works but also give tips how to start successful option trading as well as get you familiar with multiple possibilities of the platform.
Apart from that a book provides the following information: what binary options are, what are their pros and cons, contracts and options types, trading conditions and many other interesting things. The book can be downloaded and read on a PC (personal computer),smartphone or a tablet.
+ you start trading without downloading software. Moreover, the broker opens a possibility to work through a tablet or mobile phone (Android, Apple, Windows Phone, BlackBerry);
+ you can check and learn educational materials, pass the course for beginners etc. There is also an opportunity to get a consultation with an expert;
+ the company offers daily market analysis and other analytical materials;
+ quick payments and withdrawals;
+ access to a demo-account makes it easier for customers to familiarize with the platform and trading environment in general, thus getting certain experience, skills and knowledge;
+ customer support is at the highest level – 15 different languages and 24/7;
+ due to 24Option high profitability – it is one of the best brokers that lets investors earn effectively;
+ the company has a CySEC license, which means that you will 100% get your money when wishing to withdraw it;
+ many years’ experience and high payouts make it attractive for the majority of binary options traders;
– some people don’t like the dark color of the platform (whereas other enjoy it);
– the availability of a demo-account is, of course, a plus yet in order to use it, a client should pay minimum $250;
24Option is way beyond all its competitors. This particular brokerage company is a great choice for traders who have a certain experience as the minimum deposit is $200 and the cost of a contract begins from $24. Multiple bonuses are also aimed at traders with a considerable deposit. Yet, very often one can see situation when beginning traders chose this broker thanks to its educational system, courses and video-materials.
24Option is rightfully considered to be popular among all traders worldwide because as the statistics shows, clients simply have no desire to change it for any other company. Start trading and making money with 24Option right now and you will definitely not regret it.
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