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Established in 2010 in Limassol, Cyprus, 24Option has been a provider of binary option trading services for quite a whole. The company started out as a full service forex broker to expand the trading services to forex, Contract for Difference, stocks, indices, cryptocurrencies and commodities. 24Option also has a regional office in London.
24option, offering CFDs has built integrity as an exceedingly recommended forex broker. It is this notoriety and know-how that the trading platform implements in the trading world. Being a standout amongst the most developed organizations in the business, 24option gives its customers a helpful and easy to understand web platform and access to the MT4 for trading the financial markets.
The web based trading platform 24Option is in the ownership of Rodeler Limited which is under the regulatory authority of Cyprus Securities and Exchange Commission (CySEC). 24option brand is additionally registered with European Union member countries. Non-EU based customers are provided the service by the organization called Richfield Capital Ltd, a Belize based organization controlled by the Belize International Financial Services Commission (IFSC).
A key region of worry among most traders is the safety of customers’ reserves while depositing with a trading broker. Being one of the most experienced brokers, 24option has earned a strong steadfastness base of dynamic brokers. Also, because of its direction by the Cyprus Securities and Exchange Commission, 24option (Rodeler Ltd) should make sufficient game plans to protect customers proprietorship rights which incorporate among other, to keep the customer's assets independently identifiable from reserves that have a place with the specialist.
The trading platform offers all popular asset classes for investors including:
Forex is one of the largest trading markets with millions of investors engaging in billions of dollars of trade every day. On 24Option, you have a wide range of currency pairs to trade in. Currencies include EUR, USD, GBP, CHF, CAD, NZD, JPY, MXN, SGD and a lot more.
Cryptocurrency has seen a massive boom in last couple of years and 24Option provides you the opportunity to trade in cryptocurrencies versus fiat. Popular pairs involve top cryptocurrencies such as Bitcoin, Dashcoin, Litecoin, Bitcoin Cash, Ethereum, Ripple and top currencies like EUR and USD.
Demand and supply dictate the commodities market and being comparatively less volatile than other markets means traders can invest in commodities for a balanced portfolio. At 24Option, you can trade in precious metals including Silver, Gold, Palladium, Copper, and Platinum. The market also includes agricultural items along with energy commodities such as natural gas, Brent, gasoline and crude oil.
On 24Option.com, traders can also invest in stocks belonging to companies from all around the world.
With 24Option you also have the choice to trade global indices including OMXS30, NIFTY, CAC 40, IBEX 35, SP500, NASDAQ, DOW, FTSE and more.
Along with enabling investors to utilize the mainstream MetaTrader4 software platform created by MetaQuotes, 24Option has built up their own particular dedicated trading software features, which incorporates numerous intriguing features that cannot be found on other trading software. The new trading software consolidates the organization's current binary option trading with the new capacity to invest in forex, CFDs, cryptocurrencies and commodities.
24Option brings different types of accounts to serve a range of needs of customers.
Basic – The Basic account requires a minimum deposit of €250 or £250. This account offers exotic money combine spreads as low as seven pips, spreads in significant matches as low as three pips, and spreads in minor matches as low as four pips. The Basic account accompanies access to MT4 and the organization's Web customer platform that permits convenient trading, and in addition a portable application for iOS as well as Android.
Silver – This account incorporates the greater part of the features of the Basic account, with the expansion of Trading Alerts and a Personal Trading Coach. The minimum deposit for the Silver account is EUR/GBP 2,000.
Gold – The Gold account incorporates the majority of the features accounted above, but includes SMS and email notifications. The minimum deposit for the Gold account is €25,000. Furthermore, Gold account holders get an additional two percent return on each trade they make.
Platinum – This account incorporates the greater part of the features above, moreover it also includes Live Training Session. The minimum deposit for a Platinum account is €50,000. Platinum account holders get an additional four percent return on each trade they make.
Diamond – Diamond account incorporates pretty much all the features mentioned above but in addition to it, the account holders also get complimentary tickets to Juventus FC soccer coordinates in Europe and an adaptable trading platform. The Diamond account does not have a predetermined minimum deposit and should be set up with an account chief.
Depositing and withdrawing money on 24Option is quite straightforward and without any hassle. You can use credit card, debit card, wire transfer, Cash U, MoneyBoookers and Skrill to deposit funds.
For withdrawal you are required to verify your account first and after the verification process you can withdraw your funds using the same payment method you used to deposit the funds. For example if you have used a credit card to deposit the funds, you can only withdraw money through your credit card.
24Option operates internationally and provides customer care support in multiple languages including English, Polish, French, Arabic, Russian, German, Spanish and more. Support isn't available on weekends however you can still write to them through email. Other contact methods include phone, live chat and web contact form.
24Option is a reliable platform for traders who are just starting out and those who are seasoned campaigners in the field. With high quality service and proprietary trading software, 24Option allows you to make trades easily and without any hassle. The company is regulated so you don’t have to worry about the security of your funds.
Risk Warning: 80.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.