24option review

24option review

24Option is a trusted and reliable binary broker operating under Rodeler Ltd and regulated by the Cyprus Securities Exchange Commission (CySEC). Since 2010, 24Option has attracted lots of clients and quickly became a favorite with great offers and huge promotions.

The company is indeed a proactive broker with incentives offered to its potential and existing customers. Although this causes disputes among customers, we believe their promotions to be legit but with demanding terms and conditions so it’s important to read through them carefully before accepting them when depositing.

24option review

The broker also offers varied assets including commodities, currencies, stocks, and indices where you have to find something to suit you. With such coverage of the market and promotions, 24Option serve a huge client base with a dedicated support in multiple languages.

Pros

  • Many assets covering big part of the market
  • Attractive promotions
  • Trading competitions with cash prizes
  • Unique and smooth trading platform
  • Free signals
  • Multilingual and competent customer support

Cons

  • Not serving US customers
  • A demo account requires a minimum $250 deposit

Account Types

There are four different types of accounts at 24Option: Standard, Gold, Platinum, and Diamond. The signup process is very quick and simple, and the minimum deposit is $250. This includes a Demo account to help you get around and make initial trades.

  • Standard account

Standard account holders can trade all assets and options, having over 40 assets and 60 binary options available. The maximum payout is 83% and while there’s a great FAQ list, you also get access to highly competent and pleasant customer service.

  • Gold account

Gold account holders top the standard account offer with extra 2% returns on their investments and one free withdrawal a month. You can also get SMS and e-mail trading alerts, as well as a personal coach.

  • Platinum account

Platinum account holders get even more benefits, such as high/low options, boundary, and high-yield. You can also get 4% per trade, unlimited free withdrawals, private training sessions, research website, and other traits topping the standard and gold account offers.

  • Diamond account

With a Diamond account, you get 6% per trade and unlimited free withdrawals, customized platform, higher trading limits and exposure as well as a chance to win Juventus home match tickets throughout the season.

24Option Trading Software

24Option offer an innovative and overall impressive trading platform, using an engine by Tech Financials. The trading platform is unique and safe for trading, also offering mobile experience with an optimized secondary website supporting most mobile devices.

The platform is not mainstream software and it is distinctive for its user-friendly and robust interface. It’s equipped with graphs and news and offers 4 main trading tools (High/Low, the Above/Below, One Touchm and Boundary). The expiry times are also great for 24Option customers, starting with 60 seconds, all the way to one month, creating a great short-term and long-term trade environment.

Banking and Bonuses

Banking options at 24Options are not as versatile but should get the job done. Offered deposit methods include wire transfers, most of the popular credit cards including Visa, MasterCard, Dinners Club, JCB, Discover, as well as e-wallets such as Skrill (Moneybookers) and MoneyGram.

The minimum deposit is $250, while minimum withdrawal is $100 with no limit on how much you can withdraw. Withdrawals are available using the same methods, and usually take anywhere between three and seven business days.

Skrill is definitely the most prominent and profitable option, with faster withdrawal process times and lower fees. It’s important to note that you have to validate your account before making a withdrawal and that VIP accounts actually don’t pay any fees.

Bonuses

As mentioned above, 24Option have great bonus offers and are well-known for it. They offer bonuses of up to 70% with a deposit over $5,000. You will always want to check the current promotions by the broker as these are subject to change. It’s important to understand the terms and conditions, as you are not allowed to make withdrawals while a bonus is active. The wagering requirement for bonuses is usually 50x the amount.

Customer Support

24Option offer superior customer support, being available in 17 languages. Being well regulated, the support staff is well-educated, trained, and always polite. You can contact support at any time via e-mail, live chat, or telephone with a list of toll-free numbers.

We have found the support offers an excellent all-around service, acting professionally and being very helpful. It is obvious that 24Option holds their clients’ interests and time in high regard.

24Option Summary

Being regulated by CySEC, 24Option offers an easy-to-use and safe platform for trading binary options. It’s a safe and reliable company providing an overall great trading experience. The promotions, standard offers, and high returns are the incentives 24Option is known for – but as always, we suggest proceeding with care when accepting bonuses as they’re often tying.

With a great customer support and staff, 24Option completes their offer and seem to be rather respected by current and previous customers. Although the minimum deposit is a somewhat high amount, we would recommend trying your luck with this broker as their service is definitely of high quality.

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