24Option is one of the most popular binary options trading broker that has been operating since mid 2010. The popularity of 24Option comes from the fact that the trading interface is easy to use with features such as mobile binary options trading and more. Trading at 24Option can be done either via the browser or though smart phones besides iPhone and Blackberry. 24Option is a BVI registered company with offices in London and Cyprus.
|Min. Deposit||Min. Investment||Payout||Deposit/Withdrawal Options|
|$200||24USD||Up to 89%||Credit Cards, Moneybookers, WIRE|
24Option Review – Trading Platform
24Option offers three types of trading, namely High/Low, Above/Below, One Touch and Boundary binary options. The differences in each of these type of trading offers a good choice for trading where the payouts differ as well. Besides, English, 24Option is also available in Italian, French, Japanese, Spanish, Turkish, Romanian and Arabic thus making it accessible to trade from anywhere in the world.
24Option – Assets/Instruments Review
With 24Option, you can trade 6 different indices, Gold, Silver, choose from 9 currency pairs and 7 types of stocks.
The choice of instruments available to trade with 24Option is admittedly not that many but the payout rates combined with the ease of trading has made it into one of the well known binary options broker for today.
24Option Reviews – Special Features
24Option offers the ‘Buy Back‘ option which has been fast gaining popularity amongst traders. Using ‘Buy Back’ option traders at 24Option can sell their conracts before they expire and get certain part of their investment back. Using the buy back option, traders can build this into their trading strategy and make use of it to cut their losses instead of losing the entire invested amounts. Learn more about how to sell binary options before expiration.
Quite recently, 24Option has introduced 60 second expiry options which is becoming a very popular way to trade binary options besides the other types of binary options that are already available.
24Option Bonus Terms & Conditions
24Option offers different types of bonuses for new traders. Probably one area that 24Option lacks, is that the bonus offerings aren’t very clear and neither is there a detailed information on the terms and conditions for bonuses. In most cases, if traders do not check with support, it is highly likely that you will not get any bonuses with 24Option.com
As a default, any bonuses that you get are subject to trading requirements of 40 times the bonus amount. So if you get a $100 bonus, you will have to trade 40 x $100 = 4000 trades. Withdrawing your funds while having an active bonus pending in your account means that any profits you made would be forfeited and any losses in trading would be deducted from the initial deposit that you have invested.
24Option – Customer Service Review
Customer support at 24Option has been proven to be quick and easy. Support is offered in many languages and available via email, live chat along with many toll free phone numbers in most parts of the world.
Emails are usually answered promptly and the support personnel are known to be courteous and knowledgeable in regards to trading binary options at 24Option.com