Is 24option a Scam? Beware, Read our Review First

24option.com is a binary trading platform in the United Kingdom that uses Low/High, No Touch/Touch and Out/In Boundary trading instruments. 24Option also offers 60 second options for traders in addition to standard expires on the previously mentioned binary option trades. This broker has international offices more

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Details

Broker 24Option
Website URL http://www.24option.com
Founded 2009
Headquarters Cyprus
Support Types Phone, Fax, Email
Languages English, Español, Deutsch, Français,العربية, Dansk, Indonesia, Italiano, 日本語, 한국어, Latviešu, Português, Română, Русский, Svenska, Türkçe
Trading Platform Tech Financials
Minimum 1st Deposit $250
Minimum Trade Amount $25
Bonus 50% bonus, 40x turnover
Payout 85%
Free Demo Account
Regulated
Regulation Some regulation by EU
Deposit Methods Visa, Mastercard, Discover, JCB, Wire Transfer, Western Union, Diners Club International, CashU, Liberty Reserve
Number of Assets 53+
Types of Assets EUR/USD GBP/USD USD/JPY GBP/EUR AUD/USD USD/CAD EURO/TRY USD/CHF USD/TRY Gold Silver Oil Vodafone Lloyds British Petroleum PLC (BP) Barclays PLC Google Inc. Apple Inc. Telefonica SA France-Telecom Societe Generale FTSE-100 DAX-30 Dow Jones Nasdaq Composite IBEX- 35 CAC 40 Future S&P; 500 Nikkei 225 SMI FUTURE MIB-40 FUTURE S&P; 500 ASX 200 Future Hang Seng Future
Option Types High Low, 60 Second Trading, Boundary, Above/Below
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 4.5

Pros

  • Top broker with great customer support
  • Bonus amounts are good

Cons

  • Number of assets
  • Bonus turnover

Full Review

24option.com is a binary trading platform in the United Kingdom that uses Low/High, No Touch/Touch and Out/In Boundary trading instruments. 24Option also offers 60 second options for traders in addition to standard expires on the previously mentioned binary option trades. This broker has international offices in France, the United States, Canada, Italy and other countries. The platform of 24option is considered safe, secure environment for both newbies and professional traders with a user friendly interface. One feature we like about 24 Option is that they offer an early sell for traders which allows you to sell an option if you are winning early before it has a chance to expire worthless.

Accepting Traders From These Countries

No restrictions. Traders accepted from anywhere on the planet.binary options predictions

Trading Platform

24Option is a user friendly trading site that allows you to access the trading assets immediately when you log on right on the front page. The software of 24Option.com is Tech Financials trading platform.

One Touch is based on target price; the return depends on if the market price does or does not reach the target price before the option expires. The Boundary options uses two target prices to form a boundary range and the outcome depends on how the market price relates to the boundary range at expiration. The High/Low instrument uses the current market price and the user decides if the market will be higher or lower when the option expires. Out of the money returns are up to 15% and in the money returns go up to 85%, the highest return on the market.

Its easy to start trading on 24 options. Simply click on the asset you want to trade, select your trading instrument, enter the amount youd like to invest and click the “buy” button. Its very easy and straightforward.

  • US customers accepted
  • Highest Payouts at 85%
  • Minimum deposit: $250
  • High Per Trade Limit 20k
  • Available in 10 languages
  • Bonus: Get an iPad2

Website

We liked the well laid out site that we found easy to navigate. Their site has a FAQ as well as a training manual that makes it easy to get started. You can trade 23 different assets, which is the median for binary options trading. Options expire hourly, daily and weekly.

Customer Support and International Compatibility

There is 24/7 support in all the major languages including Italian, Romanian, Turkish, Spanish, French, Japanese, Arabic, and English. You can reach them by phone as well as Live Chat which we always appreciate. Based on our 24Option review we found the live support to be pretty good at being knowledgeable as well as responsiveness and courtesy.

Deposit and Withdrawal Methods At 24Option

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24Options Deposit Options

  • Visa
  • Mastercard
  • Discover
  • JCB
  • Wire Transfer
  • Western Union
  • Diners Club International
  • CashU
  • Liberty Reserve

Withdrawal Options Available

  • Visa
  • Mastercard
  • JCB
  • Western Union
  • Moneybookers
  • Liberty Reserve

Available Trading Assets

Youll find a big variety of currencies, commodities, stocks and indices to choose from. You can trade on the Dow Jones, the IBEX35 in Spain, the NASDAQ and others. Currencies include GBP, EUR, USD, CAD and JPY or you can trade in gold and silver. You have a choice of 7 stocks that include Apple, Lloyds, Barclays PLC and Google.

Like other option trading sites, 24options makes its profits on the fees you pay when you withdraw funds. They charge $30 for credit card, wire transfer or electronic wire withdrawals. There are 9 different contact numbers for the support staff; you can contact them via fax, email, telephone or call back and live chat.

Trader Deposit Bonuses

Deposit $5,000 and have an iPad 2 sent to your house in 3 days.
Deposit 1,000 Euros and receive 400 Euros or US Dollars bonus.
Deposit anything lower receive a 20% deposit bonus.