24option is one the most well-established brokers in the market and provides the trader with a comprehensive resource center, a sophisticated trading platform and a professional and knowledgeable customer support. 24option has a user friendly platform which offers a constantly expanding selection of assets. For instance, the broker recently added Facebook, Amex and Disney to its roster of underlying assets.
24option gives returns of up to 88% on successful Call/Put option and the trader can either use the web-based platform or execute trades using the mobile app thus allowing the user to trade while on the move. The selection of underlying assets is top-notch, from all the popular stock indices and commodities to forex pairs and multinational company stocks. 24option has clearly invested heavily on its website, providing the site visitor with a wide range of resource materials including videos, reviews and trading tips. However, before signing up, the user would be well-advised to peruse the site and hone trading strategies, money management and other useful techniques. Please have in mind; investors can lose all their capital by trading binary options.
Bonuses are an important part of the industry, but a great trading platform will always make up for a lack of massive bonuses. 24option has a good range of bonuses and should you decide to sign up with them, consider the bonuses a nice, added perk. Bonus terms and conditions apply.
When choosing a binary options broker, it is important to have a set of preferences in mind before the initial investment, and out 24option review exists to help you making the right decision. There are many important elements to consider, but the most significant part is the functionality of the trading platform.
With its sleek, black platform, 24options shows that it has understood the importance of glitch-free trading. Even though 24option has aimed to simplify the trading experience, the platform still maintains a level of sophistication unmatched by many alternatives. For instance, instead of simple call and put options, 24options uses plus and minus symbols. The trader has to speculate whether the price of the underlying asset will go up (plus) or down (minus). The user can also change the view and adjust the interface accordingly.
Brokers seldom provide a free demo account, but 24option gives a demo account to traders who invest a minimum of $250. The demo might come with a cost, but it is worth the investment since a demo account is perfectly suitable for testing wild and audacious strategies before jumping in to the real world of binary options trading.
Trading binary options involves substantial risk and may lead to loss of all invested capital
Another characteristic worth pointing out is the Early Closure options which permits the trader to cancel the trade up to 5 minutes before it expires, thus helping to avoid losing the whole trade.
In addition to a well-functioning trading platform, 24option has a decent resource center with a detailed glossary of investment terms and a trading tutor.
24option has a multilingual and professional chat support which we tested several times and most of the time the support staff was welcoming and knowledgeable. The broker offers also a phone support in several languages, but we would strongly suggest using the chat for speediness and efficiency.
As our 24option review shows, the broker offers a sophisticated trading platform, with no significant glitches. After several weeks of playing around with the platform, we can safely recommend it as one of the best in the business. Even without the free demo account, it might be worth investing the minimum $250 to simulate live trading while trading live. Furthermore, the registration is made easy and user-friendly and will undoubtedly attract traders who want to start right away without any additional hassle.
- Number of Assets
- Customer Support
- One Touch Trading
- No US Traders
Investors can lose all their capital