24option | Binary Options Brokers

24option Review

24option
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Overview

This 24option review of ours consists of a great deal of information about an international broker that serves in numerous countries and languages compared to any other binary options broker…

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Details

Broker 24option
Website URL http://www.24option.com
Founded 2010
Headquarters 15th Floor 99 Bishopsgate EC2M 3XD London UK
Support Number +357 2526 2063
Support Types Live-Chat , Phone , E-Mail
Languages English , French , German , Italian , Spanish , Russian , Arabic , Chinese , Turkish , Danish , Indonesian , Korean , Latvian , Portuguese , Romanian , Swedish , Greek
Trading Platform TechFinancials
Minimum 1st Deposit $250
Minimum Trade Amount $24
Maximum Trade Amount $50,000
Bonus Unlimited Welcome Bonus
Payout 89%
Free Demo Account Yes
Regulated Yes
Regulation CySec - MiFID - CRFIN
Account Types Standard , Beginners/Silver , Gold , Experts/Platinum , Diamond
Deposit Methods VISA , MasterCard , Maestro , Carte Bleue , Dankort , CartaSi , Laser , Discover , Skrill Moneybookers , Bank Wire Transfer
Withdrawal Methods VISA , MasterCard , Maestro , Carte Bleue , Dankort , CartaSi , Laser , Discover , Skrill Moneybookers , Neteller , Bank Wire Transfer
Trading Methods Browser , Mobile
Number of Assets 103
Expiry Times 30 Seconds , 60 Seconds , 2 Minutes , 5 Minutes
Types of Assets Indices , Forex , Stocks , Commodities
Option Types High/Low , Short Term , One Touch , Boundary
Trading Currency EUR , USD , GBP , JPY , CHF , CNY , TRY , RUB
Account Currency EUR , USD , GBP , JPY , CHF , CNY , TRY , RUB
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 99

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Fully regulated
  • Forex Magnates awards
  • Official partner of Juventus & Olympique Lyonnes football clubs
  • Rich # of language alternatives
  • Local offices in 21 countries

Cons

  • Not using SpotOption platform

Full Review

Trustworthy Binary Broker SealThis 24option review of ours consists of a great deal of information about an international broker that serves in numerous countries and languages compared to any other binary options broker all around the world. In our 24option review of the trading platform, we witnessed an excellent solution and a wide range of binary options and the investment can go as high as $100,000. Besides, 24option had won the “2014 FBO – Best Payouts Award“, and it has customers coming back after it just like we did even after the completion of our 24option review. Please kindly be informed that 24option does not welcome traders from the US.

24option Special Features

You will get a personal account manager as soon as you make your first deposit. This is to make sure that you have a hassle-free experience with 24option. With the help of the personal account manager, things got a lot easier for us in our 24option review. Here are the 24option membership schemes:

  • 24option Gold Members: You become a gold member if the amount deposited by you is over $10,000 and you will be receiving a private training lesson from a market analyst. Besides, you get 2% extra returns as well with every trade of yours and no fee will be charged for your first withdrawal every month. Plus; you also get free signals.
  • 24option Platinum Members: After becoming a platinum member, you receive an expert coach dedicated to training you and also get 4% extra returns on each trade. Besides, you get unlimited free withdrawals!

We also found out that the minimum investment in 24option is only $24 which may be sort of high if it were to be compared with the industry standard, so we believe that the beginners should consider other brokers. However, talking about the highest maximum investment, it can be as high as $100,000!

Moreover, 24option offers completely risk-free trades as well so that anyone can start without worrying.

24 option Trading Software and Assets

We were thrilled to experience 24option after using it for our review. And one really does need to stay alert, because 24option might get you addicted before you even realize. In our 24option review, we were able to unearth a number of amazing trading options such as the “High Yield” and “Boundary” options. In case you are bored of all the platforms you are currently trading on, 24option might just be the right choice for you.

If you feel that the software features and the trading platform are something you really care about, you should go for 24option. 24option also lets you abandon or close a trade at an early period and this feature has become really popular among the online traders and proved to be really crucial for our 24option review.

The 24option mobile application, of course, lets you trade on the go. The app can be downloaded for free. However, it is not something we tested in our 24Option review.

Support and Services

24option offers a wide range of languages to choose from so just in case you prefer to trade in your own language, you will find 24option really helpful. At the time of our 24option review, our staff tested the efficiency of support by communicating in certain languages and found out that the support was accurate and detailed for every language.

We, however, witnessed that even though the live chat feature may be available in a number of languages, English is the only language that offers quick live chat responses. But then again, we did test the live chat in 13 languages for our 24option review.

We also witnessed in our 24option review that while seeking help from a live chat support agent, the agent was more into directing us to our account manager rather than giving us quick and to the point answers. This may seem common in the binary options industry but we really would have liked it if we received our answers first and then had to talk to the account manager for more detailed answers.

Banking and Company

It was seen in our 24option review that the deposit process was not instant, which was a bit unexpected. We used Moneybookers to make our deposit, as it is an option that credits money into your account in an instant, but instead, we had to wait for up to 24 hours to get our deposit approved manually.

The first withdrawal of the month is free of cost. Afterwards, a fee is charged unless you are a platinum member. The minimum withdrawal is $100. Here are the fees that 24option charges:

  • Liberty Reserve 1%
  • Skrill Moneybookers 2%
  • Credit Cards 3.5%
  • Bank Wire Transfer $30
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Paul Graber

I was born in Manchester in 1967. I am an Economist with a Ph.D. degree. I have been working in the financial trading industry as a professional since 2003. I am a fan of Manchester United team. I am married and have a little princess.

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4 Responses to “24option”

  1. I have been trading with them for 4 years. Never miss a payment or position! Appreciated

  2. Good broker. Consistent service quality. On-time payments. Keep up the good work!

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