24option Binary Options Broker
Style of 24option captivates from the first seconds. Everything is different here, from the corporate image of the trading platform and its functionality to the trading conditions that differ from those of the others. At the same time, the company's website is thoroughly planned and usability is over-the-top. 24option also wanted to be not like all the others in the trading service, making trading conditions, the list of traded instruments, the design of the platform and its functionality and options exclusively original. Numerous differences distinguish this broker from the bulk of similar companies. However, first things first...
24option is headquartered in Lissamol, Cyprus and has a representative office in Russia. Since 2012, this broker started to run for the leading position in the Russian Federation in the field of services for binary options trading, providing its clients with high-tech tools, innovative technology and the most profitable options. The primary objective of the company is the success of its traders and continuous improvement of the services provided. All this is achieved through the constant expansion of the list of tradable assets and improvement of trading conditions. According to the advertising slogans of the broker, the company was founded to allow traders easily and effortlessly invest in binary options. At that, thanks to the modern 24option trading platform, this process gets really exciting.
- Yield - 65% to 450%
- Reimbursement - No
- Minimum deposit - $250
- Minimum lot - $24
- Demo account - No
- Mobile version - Yes
- Education – Yes
Easy and fast registration
You can register with the company really fast, which requires you to fill out a simple blank with confirmation of your password via your own e-mail. At the time of registration, the broker doesn’t need your passport details. The whole procedure of verification is only required to withdraw funds from the account of the company. Registered clients get access to the trading terminal and learning materials of the company. In general, that’s it. However, what else does a successful trader need for trading?
After the registration of trading account, you will be offered to refill it via one of the available options. Quite satisfying options are offered to do so: via bank transfer or electronic payment systems.
Stylish and tech trading platform
This is an absolute stylish breakthrough compared to other brokers. Everything is designed in soothing colors and is “at hand”. At the same time, there’s nothing in excess, which certainly allows to concentrate on trading rather than on the information data arranged at all sides. Security of trading is provided by SSL technology, which excludes any outside interference in the trading process and ensures the safety of customer funds in the account.
So, the basic advantages of the platform are the following:
- high level of security;
- intuitive interface;
- pleasant and soothing design;
- instant reaction to the trading orders;
- virtual absence of slippage in the execution of transactions
- wide range of trading tools;
- wide options
Disadvantages of the platform:
- lack of ability to place several trading windows on the same page.
Wide range of tools for trading
24option offers its clients to trade with more than 100 financial instruments, which include the most popular and in demand these days, along with exotic ones, previously rarely used in binary options trading.
So, the company offers the choice between:
- stock indices - 19 pcs. (including CAC 40 Future, S&P500 Future, DOW JONES 30 Future, DAX 30 Future, NIKKEI 225 Future, IBEX 35 Future, RTSI Future and many others);
- stocks - 43 pcs. (including GOOGLE, APPLE, BMW, VODAFONE, COCA-COLA, TWITTER, MICROSOFT and others)
- commodities - 11 pcs. (including OIL, GOLD, SILVER, CORN, PLATINUM, and others)
- currency pairs - 29 pcs. (including EURUSD, NZDUSD, AUDUSD, USDCAD, USDJPY, EURJPY, GBPJPY, GBPUSD and many others).
In order to attract clients, the company systematically runs promotions, contests, and provides additional benefits for replenishment of trading deposits.
Thus, there is an ongoing program under which all clients who refill the account can get a bonus of 100% of the replenishment amount. Thus, depositing USD 250, the client receives real USD 250 as a gift.
In addition, the company is constantly analyzing the traders' transactions, rewarding the most active clients with cash prizes. Contests involve competition between the clients in trading. From time to time, the company arranges traders tournaments, where the winner gets a pretty impressive reward. For example, the last cash prize was USD 100,000.
Ways of trading – a variety of choices
Short-term: 24option provides quite a large selection of methods for high-speed trading. Here you can set expiration dates for 30 sec., 60 sec., 2 minutes, 5 minutes.
The price above-below is the most popular way of trading. After all, to receive profit, you only need to predict the direction of price movement. One Touch – you have a choice and need to agree whether the price will touch the specified level of quotations until the deal lifetime expiration. Border is the best option offer for the fans of the long-term trading.
Education of own traders
24option certainly occupies a leading position in this field, because the broker management is trying to create all the necessary conditions for professional growth of their own traders. The 24option training center is an ultra-modern and flexible learning tool for all beginners. The company’s customers have the opportunity to start “from scratch”, learning the necessary trading strategies, concepts and methods of risk management. A wide selection of educational materials really can make a worthy contribution to the development of the trader.
The training center itself is divided into several sections with the structure of incremental learning.
Anybody who wants is offered:
Free online course, where the specialists of the company conduct interactive communication with the traders.
E-book of the trader. It is also a free service that allows to read everything you need to know about binary options trading and learn how to make a profit when carrying out trading operations.
Interactive video center. Don’t like reading? In this case, the company gives you the opportunity to choose a wide menu of educational video.
Of course, a broker like 24option took care of the professional support for their own traders’ operations. For such purposes, there is an option of online chat with the experts of the company, as well as making phone calls and their orders back to your phone number. Customer support is available in 14 languages, and offices of the company are opened in many countries around the world. You will talk to professionals, and any matter relating to trade binary options will not be left unanswered.
Quick funds withdrawal/refill
24option uses popular and stable payment systems Visa and MasterCard to withdraw/refill the currency funds. The China Union Pay as an alternative to secure financial transactions wasn’t left unattended either. You can also use virtual payment systems through Internet, and the conventional bank transfer can also be a way to replenish your own account at the company. Funds are credited to the trading account instantly, though there is a remark that there may be a delay for 1 hour.
Withdrawal is only allowed after verification of the client. This is not a personal whim of the company, but is rather due to the global financial standards in the fight against money laundering and financing of terrorism. Funds are credited to the client's card within 3 days.
What are pros and cons of 24option?
- minimum deposit of only USD 250;
- good hardware for trading;
- stable connection with the trading server;
- availability of modern security protocols of web trading;
- wide range of assets to trade;
- highly professional and excellent platform;
- own style and nice interface;
- failsafe refill/withdrawal of funds;
- customer support in 14 languages.
Cons to note:
- minimum deal is USD 24;
- lack of ability to place several windows for trading one next to another.
24option by deed, not by word confirms its status as a leader. Exceptional style, high reliability of financial transactions, transparency in the work, as well as a wide selection of tools for trading – everything confirms the company’s status. Trading binary options with 24option is a guarantee of professional service when the client just earns, and the company is doing everything possible for this.