We are glad to present you our 24option review. The 24option brand is now owned and managed by a Rodeler Ltd, a fully regulated and authorised company in Europe and the United Kingdom. This broker is considered by many as the leading broker in the binary options trading sector in terms of market shares and this is why our 24option review is detailed. This industry pioneer has been leading the innovation race among regulated brokers and is today the broker proposing the largest range of different binary option types on the market. It is also rumored to be the biggest binary options broker in the UK. Its recent high-flying sponsoring partnerships with the Juventus Football club, French football club Olympique Lyonnais and legendary tennis player Boris Becker is now boosting the brand recognition all over Europe. Launched in 2009 on the web-based OptionFair platform, 24Option has continued to innovate and gain in popularity from all the most respected financial regulators in Europe. In the following 24option review, we will present all the the services and advantages of the broker: reliability, bonus, account types, platform, trading tools and assistance.
24Option review – A fully regulated and trustful broker
24Option, under management of Rodeler Ltd, is regulated and licensed by the CySEC (Cyprus Securities Exchange Commission) under license no. 207/13. The online broker is also authorized by all the most respected European financial regulators: the FCA in the United Kingdom (ref 610021), the BaFin in Germany, the AMF in France and many more. As such, 24Option is a member of the Investment Services Compensation Fund. This European instituion gives customers a protection on their deposit of up to 20,000 euro insured by the regulators. In return for this protection, regulators perform regular audits of the company’s balance sheet and protection processes to ensure the maximum level of client security and that their 24option review is always updated.
24Option review – The king of option types and payouts
24Option is the binary options broker that offers the largest range of option types. You will be able to build advanced strategies with High / Low options, one touch options, No Touch options, Boundary options, 60 seconds option, High Yield options and exclusive 30 seconds options. It is also one of the providers that proposes the larget range of maturities so you can always trade with different time horizons. The broker puts an important emphasis on short-term trades with expiries of 60sec, 2min, 15min, 30min… on many underlying assets. The number of binary option types proposed by the broker, along with the degree of safety surrounding client deposits, are the main reasons we decided to rank the 24option review first on our list of brokers.
Available Binary Option Types – review 24option
|High / Low||One Touch||Boundary||60 Sec||30 Sec||High Yield Options||Option Builder|
24option offers the highest payouts/returns in the industry with returns going up to 88% on standard High-Low options and averaging around 84%. You can of course generate higher returns with the High Yield options offered by the broker. The broker proposes a large range of available assets that will satisfy forex traders as well as equity or Index traders.
Review 24option – returns and available assets
|Highest Return||Average Return||Return on Loss||Forex Pairs||Equities||Indices||Commodities|
|88%||84%||up to 15%||31||47||21||7|
Attractive trading conditions for all traders
24option is one of the only broker in industry to propose a demo account in order to help you learn binary options trading without any risk on your savings. The demo account is only available after your first deposit – traders are eligible for a free demo account only after they make a minimum deposit of $250. This free demo trading account will give you the opportunity to test the broker’s services and trading platform without any risk on your deposit. Practicing is the best way to learn about trading so make sure to use this feature and switch to a real trading account once you feel confident with your strategies.
Most of the below conditions are conditional to your membership level,which itself depends on the amount of your first deposit. The following are the conditions available with the 24option minimum deposit of $250.
Trading conditions – 24option review
|Demo||Min. Deposit||Min. Trade||Mobile Trading||Social Trading||Welcome Bonus|
Minimum deposit – The 24option minimum deposit of 250$ is in line with the industry. You can’t expect a quality of services from a broker proposing a lower threshold. If you want useful trading tools and a dedicated support team, this is the minimum available.
Minimum trade size – The $24 minimum investment size is quite high compared to the industry but it is the price to pay to trade with such a respected and established online broker that provides such a large range of option types. It’s not enough to hurt our global 24option review.
Withdrawal – The withdrawal process is really simple and bulletproof. We know this represents a critical point for retail traders. The withdrawal process is comparable to the industry standards and takes about 3 to 5 days guaranteed. First withdrawal is free, following withdrawals will be charged a $30 fee.
Mobile trading – 24Option recently updated its mobile applications to include all the innovations of the web-based platform. According to the last update of our 24option review, the application is compatible with Iphones and Androids and displays all the functionalities of the trading platform. You will thus be able to monitor your positions or execute new trades from everywhere.
Market data – 24Option uses real time data from respected providers, assuring traders receive the real market prices and do not suffer unexpected loss due to ‘different price’ issues.
Social Trading – 24Option introduced a new feature to their trading platform where you can mirror the transactions of top traders in real time. This allows you to develop your skills and find out what some of the most profitable traders are doing.
24Option review – An advanced and effective trading platform
24option uses its own Trading Platform, which is considered one of the best trading platforms available to date for binary options. Our 24option review takes into account the great advantages of using such efficient trading platform. The system has become a reference for new brokers who try to enter the constantly growing online binary options trading business. 24Options dedicated most of its investment resources to the development of a user-friendly navigation system that simplifies the trading process and experience.
Platform functionalities – 24option review
|Early Closure||Roll over||Analytical Tools||Market Indicators||Trading Signals|
24Option review – An impressive educational offer
If you are new to binary options trading, we recommend you to open an account with this broker and this is the whole point of this 24option review. The broker offers the most complete trading trainings, ebooks, education videos and trading guides. The opening of a trading account will give you free access to a large selection of downloadable E-Books, detailed videos tutorials, weekly webinars and the latest financial news curated by recognized providers.
24Option also proposes a large range of freely available trading signals that can help you identify strategies and entry points if you are still struggling with your own trading strategies.
A top-quality support service
As soon as you open a trading account and make your first deposit, a personal account manager will be appointed to you to guide you through the different functionalities of the platform and give you a full 24option review. This is a quality of service only the best binary options brokers are able to offer. This personalized support represents a key advantage of our 24option review for novice traders. A live chat is also available 24h/24. The 24Option support team members will be happy to provide you with any piece of information regarding your account or characteristics of the trading tools.
Support Tools – 24option review
|Phone Support||Live Chat||Webinar||eBooks||Personal Account Manager||Trading Signals|
Phone support is available in 16 languages and 16 different country codes, so traders who prefer to speak to a representative should be able to find someone in their region.
Promotional Tools and Bonus – 24option review
24Option offers a really attractive welcome bonus package for new traders. As explained earlier in the article. The welcome bonus is proportional to your initial deposit with the broker.
|Initial Deposit||Welcome Bonus|
|250$ – 499$||20%|
|500$ – 999$||30%|
|1000$ – 2499$||40%|
|2500$ – 4999$||50%|
24Option is well known in the sector for proposing attractive promotional offers to new customers. Beyond traditional welcome bonus, 24Option regularly organise trading competition with huge cash prizes. Last December, the broker hosted the world’s biggest trading competition with a 100,000-dollar cash prize for the winner. 24option bonus offers can also be boosted for several occasions (Christmas, brand birthday…). Make sure to follow our binary options brokers news to benefit from this special offers. Please see below the different 24option account types corresponding to the above minimum deposit and bonus levels. We hope this 24option review provided you with all the required information on the broker. we encourage you to use our secured links to avoid any problem and benefit from additional privileges negotiated by our team.