24option

24option

Score: 9.0
Bonus Amount: Up to 100%
Min First Deposit: $250
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Broker Details

Name 24option
Founded 2011
Headquarters Location Rodeler LTD, Limassol , Cyprus
Website Languages English, Spanish , French, Russian , Japanese, Italian
Trading Platform TechFinancial
Minimum 1st Deposit $250
Minimum Trade Amount $24
Max Trade Amount $150,000
Bonus Up to 100% Bonus!
Options Profitability Upto 91%
Free Trade Yes
Options Refund 15%
Account Types Basic , Silver , Gold , Platinum , Diamond
VIP Account Yes
Regulated Yes
Regulation Info Cysec, Consob, Mifid, FCA, AMF, BaFin
Licensed Yes
Free Demo Account Yes
Deposit Methods Visa, Visa electron, mastercard, discover, skrill, sofort, Delta, Neosurf, QIWI, AstroPay, Sofort, Neteller, Webmoney, Wire Transfer, Moneta, GiroPAy, Ideal
Trading Methods High/Low (Up/Down), One Touch, Boundary, High Yield Option
Types of Assets Currencies, Commodities, Stocks, Indices
Number of Assets Over 130
Expiry Times From 30 sec up to 1 month
Account Currency All
US Traders Allowed USA
Mobile Trading Yes
Tablet Trading Yes
Forex trading Yes
Free Assistance Yes
Free videos Yes
Free tutorials Yes
Free webinars Yes
Market news & analysis Yes

Home Page screen shot

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Trade page screen shot

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Pros

  • Fast Withdraws
  • Highest Payouts
  • Most Profitable Trading
  • Over then 200 sales dep with native speakers around EU.

Cons

  • Not too high bonuses
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Review

Background: 24option was launched in 2010 by a group of binary option traders that were already operating at least one more binary…

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Background:

24option was launched in 2010 by a group of binary option traders that were already operating at least one more binary broker, a fact that enabled them to quickly learn from past mistakes, listen better to their customers and focus on the main issue which was allowing an easy and reliable investment experience.  Their main office is located in Cyprus and they are currently operating in 7 different languages,  24 hours 7 days a week.

The platform:

Techfinancials is powering 24option.com and along with their ORCA+ trading mechanism they provide one of the easiest and smoothest web-based options trading experiences.
One downside we have to mention is that although Techfinancials are known to have a reliable, fast and secure trading system, it does not have the highest number of assets available to trade with as in other binary options brokers.

24 option offers 4 different trading types,

  • High/Low – will the final option price will be higher or lower than at time of investment
  • One Touch – will the final option price touch or won’t touch a certain price until the option expiry time.
  • Boundary – will the final option price end up in or out of a price range (price boundary)
  • High Yield Option – can be used  in conjunction with any of option on the website.  The targets are higher but so is the return.

Pay attention to:

  • Minimum deposit amount is $250 – this is an industry standard.
  • Minimum trade size is set to $24 – a little bit higher than average. (especially important for newer traders)
  • Maximum trade size allowed for very experienced users is set at $20,000! The highest available online. – Max $150,000
  • 24option.com welcome bonus is upto 150% of your first deposit sum. This is a very generous welcome bonus and is one of the best compared to other binary brokers.
  • No chart trading – this option is not available on any Techfinancials powered binary broker.
  • Small commission is charged when withdrawing through certain methods – be sure to check their banking instructions to avoid it.
  • Relatively small number of assets to choose from is a downside especially for experienced traders looking to diversify their investment portfolio. – More than 130 assets

Conclusion:

Although 24option does not offer the highest bonus in those days it does offer the experienced users the highest trade size currently available. The platform is very easy to use and very intuitive and the customer support delivers a high standard of free assistance. 24 option is considered today one of the biggest online option brokers and they are seem to be a committed and a professional one while enabling experienced and inexperienced traders to invest safely and easily.

24 option Online binary broker review by INVESThing.net staff
24option binary options
Date Published: 12/26/2012
We have reviewed 24option.com according to several different criteria. You can read the review for free or compare 24option to other binary options brokers.
9.0 / 10 stars
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