24Option

  • Editor Rating

  • Rated 5 stars
  • Spectacular
$0.00FREE
  • 0/5 Avg. Rating

  • Rated 0 stars0 No reviews yet!

  • 24Option
  • Published on: July 25, 2014
  • Last modified: November 2, 2016

Review Summary:

No other broker is as well regulated (and as loved) as 24Option. The world's leader is a true leader, with a trading experience no other broker can match.

  •  
  •  
  •  
  •  
  •  
  •  
  •  

Read Our 24Option Review Before Signing Up

Our 24Option Review in bullets:

  • CySEC regulated
  • High return*
  • Great Welcome Bonus**
  • Binary options competitions for extra fun

Sign-up-now-button

* Trading Binary Options involves substantial risk and may lead to loss of all invested capital.
** Bonus Terms and Conditions apply.

24Option is one of the many binary options brokers from Cyprus. Their many years of experience have translated into a solid, seamless binary options trading platform with which the beginning as well as the expert binary options trader can easily trade on 24Option. This platform is embedded into a website that combines stunning looks with fantastic usability – an award-winning web experience on its own, if you ask us. But there is more. Read it all in our 24Option review.

Start Trading With 24Option Now!

Is 24Option the ideal binary options broker for you? Find out now and sign up! Click here to go to 24Option.

24Option Facts

Languages​​: English, Spanish, French, German, Arabic, Portuguese, Romanian, Japanese, Turkish, Italian, Indonesian, Korean, Swedish, Chinese, Danish, Russian, Latvian

Types of Options: High / Low, Boundary, 60 seconds, one touch

Bonus: 80% on first deposit*

Minimum account size: $ 250

Minimum initial deposit: $ 250

Minimum trading amount: $ 24

Currencies: €, $, £, ¥

Return (High/Low): Up to 88%**

Payment Methods: Visa, MasterCard, Diners Club, JCB, Carte Bleue, Dankort, CartaSi, Laser, Discover, Liberty Reserve, MoneyBookers, Money Gram, Wire Transfer

Remarks: 24Option periodically hosts a traders competition with prizes of up to $100,000.

>>Start Trading Now!<<

* Bonus Terms and Conditions apply.
** Trading Binary Options involves substantial risk and may lead to loss of all invested capital.

Full 24Option Review

Our 24Option review starts off immediately with a great first impression. What a stunning website to look at! And if looks don’t mean anything to you, maybe usability will. When opening the 24Option website, you immediately see a short clip that explains you everything you need to know about binary options and this broker in particular in only 60 seconds. This is what the latest generation of binary options traders wants, and 24Option seems to be the only one giving it to them. If you are a beginning trader, this clip teaches you the basics immediately. “ If you are somewhat more experienced or even a professional trader, this clip will show you what 24Option is all about: bringing you one of the best in trading platforms, and trading experiences. Especially for the experience, 24Option goes beyond just trading. But more about that later on. Let’s first take a look at the generous bonuses this broker has to offer – one of the most important parts of the 24Option review. (Bonus terms and conditions apply)”

24option review infographic

24Option Accounts and Bonuses

The real perks start when you open up a Gold Account at 24Option, though. You get all the benefits traders with Standard Accounts enjoy, plus some extra amenities. Gold Account members receive a personal training session from one of 24Option’s senior account managers. Also, Gold Account traders receive an extra return of 2 percent on every successful trade!

Standard Account

Trading at 24Option starts with a Standard Account. This account provides you with the basics you need to start trading. A Standard Account gives you access to almost every part of the 24Option website and an all ready above standard level of 24/7 support and service. Many clients choose this type of account because it combines a relatively low threshold with a number of benefits. Of course, traders with a Standard Account can enjoy all types of binary options trading at 24Option.

Gold Account

If you only go for the best, choose 24Option’s Platinum Account. This is not just your average account. You receive all the great extras Standard and Gold Account members get, such as the training session with the 24Option senior account managers. And then some. Because as a Platinum Account member, you have a personal trainer at your back and call for any query you might have. Last but not least, Platinum Account members receive a whopping 4 percent extra return on winning trades at 24Option.

Platinum Account

In the Short Term binary options section, 24Option used to be a pioneer. Used to be, for a week. Then the competition came with a similar product. Short Term binary options are in essence the same as High / Low binary options, but with a little twist: they expire – sometimes literally – within seconds, hence the name Short Term binary options. This term can be 5 minutes, 2 minutes, or even 60 seconds depending on the preferences of the trader. These Short Term binary options offer a chance to make money fast in exchange for a high risk, as you can lose money very fast as well.

24Option Trading: The Types of Options

24Option trading is about three important things: the trading platforms, the competitions, and the types of binary options. The platform and competitions will be discussed later on. Let’s start with the many types of options 24Option has to offer.

High / Low Binary Options

This might not come as a shock to you, because 24Option is not really unique in offering High / Low binary options. In fact, we don’t know any binary options brokers that don’t offer these types of options. But still, they are worth mentioning. Not only because 24Option gives you a chance to trade these options, but also because this broker offers a similar, but slightly different approach to the High / Low binary options. If you want something else, you can choose to trade Above/Below binary options. Instead of the price going up or down, Above / Below is about whether a price will go above or below a certain value. An interesting change to High / Low, with an even more interesting potential return.

One Touch Binary Options

Still no binary options first here for 24Option. One Touch binary options are available at other binary options brokers. And they work in the same way at 24Option as they do anywhere else: you choose an underlying asset, then you choose the expiration moment, and lastly, you choose a certain value. One Touch means it should go at least once above or below a certain value before the expiration moment, No Touch means it shouldn’t. And again, 24Option offers a little bit more to the trader. This little extra is called High Yield Touch. In short: up the ante, and you might come out a bigger winner than you would with regular One Touch / No Touch binary options.

Boundary Binary Options

Other brokers might call them Range binary options, but 24Option prefers to refer to these investment products as Boundary binary options. Trading boundary binary options comes down to this: there is a maximum and a minimum value. If the price stays within this range (or these boundaries, to stick with the terminology), you win. If it falls outside of the range, you will lose your investment. And at the risk of sounding too familiar: 24Option is not alone in offering these binary options. 24Option, however also added a High Yield version of these Boundary binary options. So if you feel like taking an extra risk in order to get a chance for a higher return, try the High Yield Boundary binary options at 24Option.

Short Term Binary Options

In the Short Term binary options section, 24Option used to be a pioneer. Used to be, for a week. Then the competition came with a similar product. Short Term binary options are in essence the same as High / Low binary options, but with a little twist: they expire – sometimes literally – within seconds, hence the name Short Term binary options. This term can be 5 minutes, 2 minutes, or even 60 seconds depending on the preferences of the trader. These Short Term binary options offer a chance to make money fast in exchange for a high risk, as you can lose money very fast as well.

 

24Option Trading: The Platform

The 24Option trading platform is among one of the best to work with. The navigation works very easy and intuitive. Everything you need is directly viewable and accessible within just a few clicks. Options are bought very fast, making the time to set up a trade short and the room for errors minimal at 24Option.

Trading Tools

The 24Option platform shows you a range of information to help you trade as comfortable as possible. The list of assets is long, but intuitively divided into groups, making navigation seamless and fast. Next to the asset list you will find (at the top) the necessary buttons and dialog boxes to make the trade and buy the binary options you want. Next to those buttons is a graph that shows you exactly what the price of the underlying asset did in the past time, so you can make a better decision on what the price will be doing.

Tabs

Below the buttons and the graph, you can view the active trades you have at 24Option. In this overview of Open Trades, you can see the details, amount, target, market value, expiry and closing price. If you click on the tab next to Open Trades, 24Option shows you the trade history. This view is very detailed and might help you gain insight on past (expired) trades, so you can make a better decision about future trades. But the most interesting tab is probably the Trading Alerts tab. Click this tab to see the latest binary options signals that might help you place the right trades at 24Option.

Personalize Your Platform

24Option lets you even personalize some of the parts of the trading platform, in order to improve your trading experience. One of the best examples of this personalization is the asset list, which you can shorten by ticking only the boxes of the underlying assets you want to see in your list. This way you won’t have to make your way through an endless list of underlying assets to make a trade. A welcome addition to the trading platform, because let’s face it: there are a lot of underlying assets to choose from at 24Option.

24Option Trading Competition

Do you like a bit of competition? 24Option regularly hosts competitions among traders*. Usually these competitions are about who can make the most trades. Prizes for the #1 trader can go up to as much as US$100,000. And the #1 is not the only one winning prizes. In most cases, the first 10 traders can expect to win great prizes at the 24option competitions. So if you feel you are up to it and you like to compete against your fellow traders, the 24Option competition is definitely worth a try.

* Conditions apply.

24Option Trading School

If you are new to trading, 24Option can help you take your first steps into the trading world. When clicking the button Education Center, you will find an extensive section that covers pretty much everything you need to know to make a trade, in almost every possible type of material. A few examples are found below.

24Option Free E-Course

To really learn the tricks of the trade, 24Option members can subscribe to an online E-Course. During this course, a trading pro will teach you all you need to know about trading and how to improve your results. You even get a chance to ask questions directly to the pro.

Free Trading E-Book

If you don’t feel like talking to a pro, but rather learn from books, 24Option has the answer for you. This e-book is completely free and is a perfect source of information for new binary options traders. You don’t even have to have an account to download your own trader manual.

Free Trading Video

Some traders need to see it to understand it. For these traders, 24Option offers a free trading video library in which you can find all videos to help you learn more about binary options trading. You will gain more insights on predictions and risk calculations.

Free Interactive E-Book

If you want the best of both the e-book and the trading video, you must check out the interactive e-book. This interactive learning method – which is also free of charge – combines both media into an interactive experience that tells you all about the different types of binary options and how to make the most of trading with the 24Option platform.

Early Closure

Sometimes a trade is losing and you can see it coming. To minimize your losses in these cases, use the early closure option (if available). Everything about this option is explained on a separate page. Use this method to manage your risk factor on 24Option.

Expiry Calculations

Understanding the ways of expiry calculations may be your ticket to binary options trading success. Read the extensive but easy to understand information on this subject and use this information when trading – even if you should trade at another broker than 24Option.

24Option Trader Support

Our positive 24Option review has mentioned many perks already, such as the great personal bonus, the many types of options and underlying assets and many more benefits you have when trading at 24Option. But what we haven’t mentioned so far, is the outstanding customer support (although the education center can be viewed as customer support, but you catch our drift). 24Option has one of the best customer services we have seen so far at binary options brokers. It doesn’t matter how you want to get in touch with a customer service agent, there is always someone at your disposal at 24Option – 24 hours a day, 7 days a week. Whether you call, email, or even live chat with a customer service agent, 24Option always makes sure your problem or question is dealt with right away. And with several service centers in Great Britain, the European continent, South Africa, and the Middle East, 24Option offers assistance to traders in almost every country.

To Sum Up Our 24Option Review

Our 24Option review has probably told you how much we enjoy this binary options broker. The website which is as easy to navigate as it is fun to look at, the great bonus plan which offers a nice extra to newly signed up traders, the long and variegated list of underlying assets, the many types of options and their high-yield twins… And then there is the trading competition, the extensive education center, the 24/7 customer service… We can go on and on. But maybe it is time that you decide for yourself. What do you think of 24Option?

Start Trading With 24Option Now!

Is 24Option the ideal binary options broker for you? Find out now and sign up! Click here to go to 24Option.

Sign-up-now-button

Note: binary options trading is considered high risk trading and is always at your own risk. Be sure you know what you’re doing before you start trading binary options. Binary Options Reporter cannot be held liable for any damage or other consequences caused by binary options trading.

Author: admin

Share This Post On

Submit a Comment

Your email address will not be published. Required fields are marked *