24Option is a leading binary options broker established in 2010. Since their inception, 24Option has constantly ranked among the best brokerage outfits in the binary options industry. 24Option is a brand name of Rodeller Ltd. Want to know more about this broker? Read our 24option review!
This binary options broker is headquartered in Limmasol, Cyprus and is regulated and licensed by CySEC. 24Option boasts of a wide client base which is spread throughout the world.24Option has been able to be a pace setter in the binary world thanks to their unmatched service delivery coupled with an innovative trading platform.
Review of the Trading Platform
The nature of the trading platform offered by a broker plays a bid role in success or failure of your trading career. To that end, 24Option offers its clientele access to one of the most intuitive trading platforms in the industry. The trading platform is powered by TechFinancials. One of the huge upsides of their platform is the fact that it’s completely online and traders don’t have to download third-party software. The trading platform embraces use of the latest technologies to facilitate fast trade executions and hence minimizing costly trade delays. The trading platform is well arranged and buttons are clearly visible to ease navigation.
The trading platform comes with a number of unique features, not to mention a vast selection of financial securities and trading option.
Review of Mobile Trading at 24option
At 24Option, trading flexibility is prioritized evidenced by the fact that they offer mobile trading. Mobile trading at 24Option is achieved using an innovative app which is freely available to all smartphone users and can be downloaded from Google Play and Apple Store. Their mobile trading app allows traders to react to potentially lucrative market events at any time of day, from anywhere. The mobile app is easy to use and traders can even make withdrawals/deposits even while in the go.
24option Review of the Account Types
To suit different traders’ tastes and preferences, 24Option offers their clients a number of trading accounts to choose from. Different accounts have different payout rates and deposit requirements.
The basic account holders have access to all assets and options and the highest payout is 82%. Traders with basic accounts are entitled to 24/7 customer support and professional charts to aid them in technical analysis. Another type of trading account offered at 24Option is the Silver account where traders receive daily trading alerts, 24/7 customer support and a dedicated personal coach. The third type of account offered at 24Option is Gold account. Gold account holders have access to privileges such as a live trading session with an expert and SMS/email alerts. Gold account holders have a chance to get a payout as high as 84% on “in the money” outcomes. Platinum account holders stand a chance to rake high returns with the highest payout being as high as 86% and is entitled to an educative financial expert session. Platinum traders have unlimited access to state-of the art trading tools and they can trade forex on the same platform, not to mention higher trading limits. The last type of account offered by 24Option is the Diamond account. On top of the privileges offered to other accounts’ holders, diamond traders have a chance of getting Juventus tickets(since 24Option is an official sponsor of Juventus football club) and can customize the trading platform to fit their trading styles.
24Option offers attractive incentives eligible to new and existing traders. For instance, first-time traders are treated to a unique type of a trading bonus where they are allowed to place a few trades risk free. Meaning, even if the trade ends out of the money, you don’t make a loss but the invested funds are refunded in full. In addition, new traders are offered a free signals package. The trading signals are thoroughly analyzed by professional analysts and have a very high success rate.
24option Demo Account Review
24option is among the few existing brokers offering demo trading to their new traders. To access the demo trading platform at 24Option, you have to register and make a deposit above the minimum threshold which is currently at $250. After making the deposit, a trader only has to contact customer support for a referral link o the demo trading page. Demo trading offered at 24Option can be of much help especially if you are a beginner since a trader has a chance to practice trading live markets without losing a dime.
24option Review of the Support
Traders’ welfare is prioritized at 24Option evidenced by their highly responsive customer support. At 24Option, you don’t have to wait for hours or even days for a customer representative to revert to your query but you always get a response in just a few seconds. Customer support at 24Option is available for 24 hours a day, 7 days a week. In addition, customer support representatives can be easily contacted telephonically using the provided regional telephone numbers. Traders can also contact customer support via live chat or email.
Customer support and trading platform are available in a number of languages including English, German, Italian, Russian, Japanese, Turkish, Arabic and Spanish among other languages.
Reliability of a broker should be a chief factor to consider when selecting a broker. For the years they have been in existence, 24Option have proved to be very reliable. They offer very flexible banking and withdrawals are processed fast. Banking is also secure since each and every transaction is secured using the latest encryption technologies.
Pros of the 24option
- They offer mobile trading
- High returns
- Huge bonuses
- Easy to use trading platform
- Effective customer support
- Offer demo trading
Cons of the 24option
- No cons at this moment
24option Review Conclusion
24Option is a reputable binary options broker offering transparent, reliable, secure and profitable services. Trading at 24Option is both simple and straightforward. The easy-to use and yet powerful trading platform comes with a number of trading options and a wide array of global assets. If you are looking for an all-round broker with untainted performance record, then 24Option should be a broker of your choice.