24 Option provide binary options trading in a regulated environment.
24Option is a brand owned and operated by Rodeler Limited Ltd a financial services company authorised and regulated by the Cyprus Securities Exchange Commission (CySEC) and is up in the top league of binary options providers. They operate on the Tech financial platform and offer a wide range of assets and expiry options. They have a user friendly website is unlike most others have gone for a dark background which works just as well if not better. They do offer a fully functional demo account but unfortunately you will first have to open a full account and deposit funds before you are able to gain access.
Website and trading platform
24Option operate on the TechFinancials trading platform which is considered one of the top platforms available in the market. 24Option offer one of the highest maximum trade size offered by any binary options broker of $50,000 per trade and the minimum trade size is set to $24 with a minimum deposit of $250. The size of the minimum deposit may put a new trader off but they do provide a quality offering so it should not put too many new clients off. 24Option provide a demo account to enable a new client to get used to their platform but unfortunately you do first have to make the $250 minimum deposit to gain access which is bit of a conn because they already have your money so you are sort of being forced to trade with them. The sign up procedure is simple and quick as you would expect and once signed up be prepared to get a phone call from them they are quick (less than a minute in our case) and they will keep calling to encourage you to deposit funds, they will offer what seems to be a good initial deposit bonus but first ensure it is right for you by checking the terms of the bonus. According to terms the initial deposit bonus is subject to a trade volume of 50 times your initial deposit yes that’s right 50 times. [See bonus terms here] Once into their platform it is exceptionally slick and very easy to navigate that even a new client will not get lost within the site. Experienced traders will be at home instantly with the trading process as it is quick and efficient and the various trade types available are all just one click away. 24Option provide the standard trade types of High/Low; One Touch; Boundary and short term, the short term allows super quick trading if that is your cup of tea with expiries on certain assets as short as 30 seconds.
24Option offer a large selection of tradable assets, including commodities, currency pairs, Indices and stocks. The trading platform is clean, very intuitive to use and has been designed with the trader at mind and so the trading process is exceptionally slick. The minimum deposit is $250 and the minimum trade size is $24 which is on par with most other platforms. Experienced traders will be completely at home and with the way the trading process is quick and easy to use, with the added facility of a buy back option which will allow a trader to cash in a winning trade before the expiry time. There is an extensive list of assets covering the normal classes of Stocks, currency pairs, indices and commodities and good range of trade types and expiry times. There is a good mobile trading application which operates in the same slick way as their browser based offering.
24Option provide a fantastic platform which is slick and easy to use and is suitable for binary options traders who are either new or experienced in this trading arena. They offer one of the best educational sections provided by a broker to help traders learn anything they might need to in order to become a successful binary options traders. Their customer service is first class and available at all times. The demo account is an ideal way to test run their offering but this is only available after making an initial deposit which is disappointing (unlike MarketsWorld where their demo account has no deposit requirements)
|Regulator Website||Cyprus Securities and Exchange Commission|
|Platform Languages||English, German, French, Arabic, Danish, Chinese, Italian, Japanese, Spanish, Portuguese, Romanian, Russian, Spanish, Turkish|
|Support Types||Email, Live Chat, Telephone|
|Support Languages||English, German, French, Arabic, Danish, Chinese, Italian, Japanese, Spanish, Portuguese, Romanian, Russian, Spanish, Turkish|
|Platform||Tech Financial Platform|
|Free Demo Account||No|
|Payout Percentage||60% – 90%|
|Minimum Deposit||$250, €250, £250, ¥50,000|
|Minimum Trade Size||$24|
|Maximum Trade Size||$50,000|
|Deposit Options||Credit Cards, MoneyBookers, Wire Transfer|
|Option Expiry Types||High/Low, Touch/No Touch, Boundary, Short Term|
|Option Trade Types||30 Seconds, 60 Seconds, 2 minutes, 5 Minutes 15 Minutes, 30 Minutes, 1 Hour, 1 Day, 1 Week|
|Number of Assets||104|
|Asset Classes||Commodities, Currencies, Indicies, Stocks|
|Number of Commodities||8|
|Number of Currencies||34|
|Number of Indices||19|
|Number of Stocks||43|
|Account Currency Options||Euro, US Dollar, Sterling|
|US Traders Accepted||No|
|Bonuses||Yes Variable New and Existing Clients|