Overview

24Option Broker – One of The Most Awarded Brokers
But is 24Option a Scam or Legit Binary Company?
Check Out This Exclusive 100% Full 24Option Review
Withdrawal, Bonuses + Traders Feedback – See Below!

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Details

Broker 24Option
Website URL www.24option.com
Headquarters 39 Kolonakiou Street, Ayios Athanasios, Limassol CY-4103
Support Number +44 203 693 8656
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $400
Minimum Trade Amount $24
Bonus 100%
Payout Up to 88%
Free Demo Account Open Demo
Account Types Live Chat, Phone, Contact Form, E-mail
Deposit & Withdrawal Methods Standart, Beginners, Gold, Platinum, Diamond, Islamic
Number of Assets 100+
Account Currency USD, GBP, JPY , EUR, RUB
Overall Score 9.6/10

Full Review

24Option is the most awarded trading platform that we all know. Packed with premium tools designed to let you trade and make the most out of the largest list of assets in the trading industry starting from indices, stocks, forex, commodities and more, 24Option platform provides a user friendly environment for traders of all levels. The trading types being supported by the broker are short term binaries, classic binaries, one touch and boundary binaries. The average payout is 83%. You simply need to invest $400 initial deposit to access your account.

24option

 

Review Verdict: 24Option is NOT a Scam
Visit 24Option Website

 

Today, 24Option has a great reputation among the traders throughout the world. It is famous for offering incentives to its traders on a regular basis. The trading engine used by the platform is SpotOption.

Start With 24Option

If you are looking to trade in Binary Options then before you begin you should gather some information which will help you in choosing a good broker, the right asset, and most importantly the right strategy. A proper evaluation about these will help you to minimize your risks, allow you to trade safely and maximize your profits in the long run.

The right broker: There are a number of brokers offering trading in binary options and 24option is right on top because of its unbeatable features like being a complete trading platform as it provides a wide variety of assets to trade from. You can trade in stocks, commodities, index and currency by using a single platform. They provide you with a safe trading environment and have the best payout rates which are as high as 70-88%. Great customer service is another great feature to attract you to 24Option.

The right asset: It differs from person to person and also for the same person it may differ according to market scenarios and the big and small events happening around the world which have a different impact on different assets. So having market awareness plays a key role in guiding you to choose the right asset at the right time so that you can maximize your profits. You will get a variety of choices at 24option to choose the right asset.

The right strategy: Choosing the right strategy is perhaps the most important thing for making the right trades and makes sure that most of your trades end as winners. There are various strategies for you to pick from but if you want optimum results choose a strategy which works the best for you.

It is not necessary to choose an existing strategy only but try to use various strategies in different circumstances and make a unique strategy of your own which will guarantee that your trade ends profitably every time. The basis of this lies in trying and testing with different choices till you achieve perfection. When doing so use small amounts to trade so that a loss, though bad will not hurt you severely.

 

No Downloads or Installations

The trading platform that 24option operates on is powered by Tech Financials which offers a very rewarding experience to traders. But probably the best part is that you don’t have to download any additional software and install on your device. You can trade directly into your browser.

They have developed a trading app which is intuitive and allows traders to focus solely on their moves. Navigation and getting around is easy. There are over 100 assets which mean that traders can choose from a vast selection of tradable assets.

They have also optimized their app for mobile devices and smartphones. Anyone who wants to access their accounts while on the go can download their mobile trading application. This allows them to check the financial markets, receive signals and place trades without missing any profitable trading opportunity.

How to Join 24Option?

It is a simple three-step process:

  1. Sign Up Free – submit your details, so that a trading account can be opened for you.
  2. Fund Account – make the initial required deposit for your account tier.
  3. Trade – place trades according to your prediction on market changes.

Making a deposit at 24Option is quick and hassle free. Even if you have never traded before, you will find the procedure to be simple to comprehend. The minimum deposit that is required by the broker is $400. Deposits can be made in USD, GBP or JPY. The payment options include credit cards, bank transfers and a range of digital payment methods.

This initial deposit is not a payment for the broker, these are the funds you are going to use in order to make investments!

24Option & Returns

The 24Option brokerage not only offers you a safe and secure trading environment, it also has some of the best terms of trading. Their payout rates can go as high as 88% on the different account type tiers across the different account types.

Review Verdict: 24Option is NOT a Scam
Visit 24Option Website

Is 24Option Expensive?

The brokerage that is 24Options offers up its services for free. You won’t have to pay a tax, or a fee in order to make use of the platform – it is entirely free of charge to keep a trading account with the 24Option broker.

The initial deposit you have to make in order to fund your account balance is not a payment. These funds are yours to use, invest and withdraw.

24option Withdrawal

One of the most important things that investors look for during online trading is the ability to withdraw their money in a hassle free manner. Withdrawals must be simple and funds must be processed within the shortest possible time. At 24Option, traders get exactly what they want and deserve.

The broker offers a variety of options through which withdrawals can be processed. These include everything from credit cards and bank transfers to several e-wallet options. There is no limit to the maximum amount you can withdraw at 24Option. Also, it takes around 3-7 days for funds to be processed. The withdrawal process can be sped up if you consider using Moneybookers as your option.

Need To Know:

For VIP account holders, there are no fees attached with making withdrawals.

Is 24Option Scam or Not?

Your investments will be safe as long as you are trading with 24Option. It is a CySEC certified binary options broker under the license number 207/13. The withdrawal procedure is also secure and there are no hidden charges. 24Option has been awarded as being the best broker, too.

Whether you are a newbie, an intermediate trader or a professional, you will find something worthwhile here. It is even providing a comprehensive trading guide with all the right tools to help you with the trading.

24option regulation

Review Verdict: 24Option is NOT a Scam
Visit 24Option Official Website

24option Bonus

Bonuses are a great way to attract more customers and retain existing ones. Every trader appreciates a generous sign up bonus and at 24Option you can get up to 100% bonus when you make your first deposit.

Usually, the bonus range from 30-100% and the actual amount you get depends on the deposit you make.

Various 24Option Strategies

24Option allows the use of most traditional strategies like High/Low, Boundary, Touch/No Touch and a 60 Seconds strategy which is a recent addition. Let’s learn a little about each and choose the one which is likely to be most beneficial for us.

  • High/Low Strategy

The typical High/Low strategy which is followed in trading all types of assets is very simple. You choose an asset and place a “Call”/High or “Put”/Low trade for a chosen time period. What happens here is that the starting price or the price when you entered the trade is compared to the price at the expiry of the time chosen. If the price is higher and you have placed a call option then you make profit and vice versa in case of a put option.

 

  • One Touch Trading Strategy

Here you choose an asset and specify that in a fixed time frame; the price of the asset will touch a particular price during the time your trade is active. Based on this your trade is successful or not.

 

  • Boundary Trading Strategy

Here a trader will place his/her trade on whether the price of the asset will remain within a predefined boundary or not and based on this the trade is successful or not.

 

  • 24option 60 Second Strategy

The 24option strategy is a new addition to this platform which has gained rapid popularity due to its small time frame and ease of trading.

Basis of 24Option Strategy

Before you place a trade you should have a thorough knowledge about the current market trends and knowledge about the various factors which will drive your chosen asset in the upward or downward direction. On the other hand it is also true that sudden changes in market conditions can lead to abrupt changes, which might have escaped all your calculations, thereby causing unprecedented changes in the trends.

This holds good with trading on long term call or put options but a 24Option strategy will not have much impact due to its small timeframe hence you are bound to have a winning trade due to this small time frame.

Are There Shortfalls of 24Option Strategy?

Though it is a good strategy, it does not work for everyone just like any other strategy. The biggest drawback of this strategy is for risk-takers as it is important to determine the right time to enter the trade through extensive research with charts and other technical data to find the crucial point of entry to end “in the money”. This cannot be done by the trader alone but he has to work with the broker and depend on him for the supply of this data.

Once he has this data he has to make quick decisions to have the maximum benefits of this strategy as it works over a small time period. You need to study a trade chart and accurately predict the right point of entry. This requires a cautious approach which can be gained through experience only. The 24Option strategy is not a totally guaranteed strategy but it does increase the chances of ending “in the money” thereby minimizing the risks.

Does the 24Option Strategy Always Work?

Well on an average this is a good strategy to make profits on most platforms but your chances of success increase when you use this strategy on 24option. The reasons for greater success of 60 seconds strategy with 24option is much higher than others because:

  • The high degree of research required to use the 24Option strategy is done by professionals who provide you with constant updates and changes in the market scenario.
  • The other point that makes 24Option strategy more fail safe is that the trade starts after one minute which gives you enough time to evaluate your options and decide accordingly.

Review Verdict: 24Option is NOT a Scam
Visit 24Option Official Website

Customer Assistance

If you have questions regarding the trading process and your experience on the 24Option’s broker platform, you can address them to the 24/7 customer service team. The support it provides is thorough and reliable. You can access it via multiple channels of communication and it is provided in multiple languages, as well.

Users’ Feedback

I don’t have a lot of experience with binary options trading. What I found to be great about the 24Option platform is that it is extremely user-friendly.

The people I communicate with from the maintenance team are so very helpful and polite. 24Option is an example of excellence in my opinion!

Sammy, 57, London

I have been able to experiment with various strategies on the 24Option broker platform. It is user-friendly and secure, and predisposes for a great trading experience.

I have made a couple of withdrawals with them – they do not delay the request, on the contrary. 24Option makes the best effort to expedite the procedure, so that you can have constant access to your funds! Definitely a transparent and reliable broker!

Maximillian, 38, Austria

Conclusion

There are various reasons why 24Option offers one of the best trading experiences in the world of binary options investments. It is licensed by CySEC, which creates a legal basis for trustworthiness and provides for a secured and regulated investment process. 24Option comes with a lot of features and benefits – from an extensive educational center to financial bonuses.

Its payouts and returns are highly competitive and you can make significant profits from trades on numerous tradable assets available.Our investigation team is convinced of the reliability of the 24Option broker and we recommend it as one of the best counterparts for making investments in binary options.

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