24Bulls

24Bulls

Score: 8.6
Bonus Amount: $2500
Min First Deposit: $100
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Broker Details

Name 24Bulls
Founded 2012
Headquarters Location Cyprus
Support Languages English, Spanish, French, Portuguese, Arabic, Korean
Trading Platform Tradesmarter
Minimum 1st Deposit $100
Minimum Trade Amount $5
Bonus upto $2500 first deposit welcome bonus.
Options Profitability Upto 85%
Free Trade Yes
Options Refund upto 22%
Regulation Info CySEC
Security and Privacy Offered Yes
Free Demo Account No
Deposit Methods Visa, MasterCard, Diners, Maestro, AMEX, Solo, Skrill, Bank transfer
Trading Methods Up/Down (High/Low)
Types of Assets Currencies, Commodities, Stocks, Indices
Number of Assets 46
Expiry Times 60 Seconds, 15 Minutes, 30 Minutes, 1 Hour
Account Currency USD, EUR, GBP, AUSD
US Traders Allowed USA
Mobile Trading Yes
Tablet Trading Yes
Free Assistance Yes
Free videos Yes
Market news & analysis Yes

Home Page screen shot

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Trade page screen shot

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Pros

  • Highest refund rate upto 22%
  • Great risk control from trade screen
  • CySEC regulated

Cons

  • Only up/down trading method
  • US based traders not accepted
  • Low number of asssets
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Review

Background: 24bulls.com is a relatively newcomer to the binary options world having just launched in 2012 by a group of trading professionals…

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Background:

24bulls.com is a relatively newcomer to the binary options world having just launched in 2012 by a group of trading professionals looking to offer the simplest binary trading experience online. 24bulls main office is located in Cyprus and the company is being regulated by CySEC in Europe.
24bulls.com is powered by TradeSmarter and offers free assistance and support in six different languages over phone, chat or email.

The platform:

There are two types of binary options brokers, the first type is being powered by a 3rd party trading platform such as SpotOption or TechFinancials and the second type is powered by a propriety trading engine.

24bulls belongs to the former and are powered by a new company called TradeSmarter.
The trading platform in 24 bulls is one of the simplest platforms online and currently only offering one binary trading method – Up/Down (High/Low) which enables the trader to decide wheter an asset’s price will go down or up until the expiry time, which is great news for binary newcomers but may not suit advanced and more sophisticated traders.

Trade Smarter’s platform allows the trader to determine the risk exposure pretty easily before the trade is being placed and allows an easy view of the potential winnings / losses of the trade. You can also determine your desired profitability as well as the refund rate in case of a losing trade.

24bulls.com is 100% web-based and allows Facebook and standard registration for new and current users.

Pay attention to:

  • 24bulls minimum first deposit is $100 and it’s lowest allowed trade size is $5 – great for new traders
  • Refund rate for losing trades can reach up to 22% (industry’s highest)
  • 24bulls.com offers only up/down trading method.
  • US based traders are not allowed on 24bulls.com
  • Account currency in USD only (deposits can be made in EUR/USD/AUSD/GBP)
  • Welcome bonus upto $2500 or 50% risk free trading.

Conclusion:

24bulls are a new binary broker with many great features aimed towards the new and inexperienced binary options trader. they allow low first deposit and low trade sizes, they have a 50% risk free welcome offer and assign a free guide to each new trader along with an easy risk control abilities.
They offer a simple 1 type binary trading platform with only the mainstream assets available to trade (Google,Apple etc) which may not appeal to more experienced traders looking for a more complex and varied binary trading experience.

In conclusion of our 24bulls review – They are a good choice for non US based new binary options traders but may not appeal to experienced ones.

24bulls.com binary options broker review
24 bulls binary options review
Date Published: 03/16/2013
24bulls online binary options broker review by INVESThing.net staff
8.6 / 10 stars
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