24option Broker Review
24option is one of the leading brands making use of the TechFinancials Binary Options Trading Platform. Incorporated in 2010 in Cyprus they are one of the innovators in the market. They receive excellent reviews for their excellent customer service and free demo account. The free demo account can be activated after the investor has made a $250 minimum initial deposit to open the account. Upon opening the investment account, customer will receive a 100% bonus on their account. Apart from the bonus, 24option provides a wide range of training videos and educational support such as their ebooks. Their platform allows you to trade on the go with their exclusive mobile site, which has raised the broker’s profile in recent reviews.
60 Second Binary Options were recently added to the 24option repertoire of Touch/No Touch, High Yield Touch and Range options, to give them a virtually inexhaustible array of trading features. 24Option is one of the first brokers to receive a CySEC CIF license making them a regulated Binary Options broker throughout the EU. They are also the only broker to have an ongoing trading competition where $24,000 bonus is given out to the top traders.
24option Deposit and Withdrawal
Deposits can be made with credit or debit cards such as Visa, Mastercard as well as e-wallets such as Skrill/Moneybookers and through wire transfer. Withdrawals can be processed within a day depending on the deposit method requested by the customer.
Customer Service and Education
24option has the one of the best customer service departments in the industry. They offer 24/7 Live chat as well as local phone support in 21 countries. Their trading platform and support is available in 16 languages. The education department has a professional staff of experienced traders to assist all its investors, from beginners through to advanced traders. Their wide array of training materials include videos as well as free eBooks that help the investors hone in their skills, and further develop their strategies before they risk their own funds.
24Option Mobile App
24option has a downloadable application for both IOS and android. The app has all of the features of the desktop platform allowing you to place trades and follow your positions while on the go. The advantages of having the opportunity to react quickly to sudden changes in the market, have gotten 24Option positive reviews across the board. The mobile app has helped them solidify their status as one of the leaders in the binary options industry.
- 24/7 Live Chat
- Phone Support For 13 Countries
- Trading platform translated into 15 languages
Asset Choice Rating – 9
- 50 Stocks
- 44 Currency Pairs
- 11 Commodities
- 22 Indices
Deposit Method Rating – 10
- Credit Card – Visa MasterCard
- Wire Transfer
- Liberty Reserve
- Astro Pay
Minimum Deposit Rating – 7
- 250 USD/EUR
Withdrawal Rating – 9
- Wire Transfer and Credit Card take up to 7 working days
- Moneybookers, Liberty Reserve and Money Gram take 1 day
Minimum Trade Rating – 9
- $24 Minimum
Trading Features Rating – 9
- Standard Call/Put Binary Options
- One Touch Binary Options
- 30 Second Binary Options
- 60 Second Binary Options
- Boundary Options
Payout% Rating – 9
- Up to 89%
- Buy Back feature
Bonus Offers Ratings – 9
- Up to 100% match bonus on initial deposit.
Site Intangibles Rating – 10
- CySEC Regulated
- Free Demo account upon request after you fund account.
- Asset filter
- Yahoo finance RSS in the trading box.
- Large selection of training videos
- Trading Competition