24Option Broker Review
24Option Broker ReviewApril 9, 2013
24Option is one of the oldest and most recognized binary options brokers available online today. Traders wanting to invest and experience one of the best trading platforms today are welcome to sign up and and start executing trades immediately.
Update June 16, 2013: 24Option is no longer accepting US traders.
First Deposit Bonus
24Option offers cash back bonuses ranging all the way up to 50% of your buy-in.
To illustrate, a $1,000 buy will get you a $500 cash back bonus. The ROI stands at an impressive 85% on average trades.
No Fees, No Commissions
This broker will not take a dime in commissions. In order to start trading simply make your initial purchase and start executing trades.
Direct Market Data Feed
24Option uses Morningstar for financial news data streaming, this is not common practice with other brokers and definitely adds an additional layer of much needed market pricing information.
Get ready for the industry’s highest limits. $20,000 per trade is huge, which means you can earn more profits in less time. Usually brokers are not willing to take this level of exposure, but here they managed to do it and it seems to be working nicely. Be careful not to have too many open positions with high trading amounts unless you hav
Trading Volume Requirements:
According to the terms and conditions you are required to trade your original deposit 40 times in order to cash out your bonus.
Cash back bonuses have to be traded at least 30 times before withdrawing.
24Option has loads of free instructional videos, e-books, trading tutorials, and an extensive FAQ section that explains the in and outs of the platform.
This broker offers a great demo mode available for practicing and simulating trades.
The minimum deposit amount stands at $250, and the minimum trade is $24.
24Option accepts most major credit cards such as Visa, Visa Black, Mastercard/Eurocard, Amex, American Express Gold, and Diners Club. The accepted E-wallets are Moneybookers (Skrill), but you can also purchase using Western Union or wire/bank transfers.
High payouts mean you stand to profit up to 89% on trades made at 24Option.
Trade On the Go
Trade High/Low, one touch, boundary, short term, or 60 seconds on your mobile or cellular device. The software is compatible with iPhone, Android, iPad, Blackberry, Nokia, or for that matter any other mobile device out there.
An impressive selection of assets has been made available for you at 24option., and you can chose from the most volatile or high risk/high reward assets, to the more secure one where the contracts (AAPL or GOOG) are structured differently. Either way, guess the right direction and you profit. Trading is available on currencies (Forex pairs), commodities, stocks and indices.
To Sum Up
24Option is by far one of the most recognized and trusted binary options brokers available online for traders since 2011. The trading platform is available in English, Spanish, German, French, Arabic, Danish, Indonesian, Italian, Japanese, Korean, Latvian, Portuguese, Romanian, Russian, Swedish and Turkish. Their customer service is extremely professional and fast to respond to difficult questions, and the platform itself offers a great trading experience. We give it a score of 9.5/10.
Click Here to Start Trading