24Option Review – Is it good or bad

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24Option Review

Review

24option is a market-making spot Forex and CFD broker located in Limassol, Cyprus and regulated by CySec. 24option opened its doors to traders in 2020 and for several years was in the forefront of binary options trading. They decided in 2020 to expand by moving away from binary options, and now offer trading in spot Forex and CFDs only. The CFDs on offer cover a wide range, from popular individual international stocks to commodities such as metals, energies and softs, as well as equity indices. They also offer a good, wide selection of Forex currency pairs.

Accounts

There are five different account types to choose from at 24option: Basic, Silver, Gold, Platinum, and Diamond. The Basic account requires a minimum deposit of $100 and allows trading with floating spreads from 3 pips on EUR/USD. Other account types require increasingly higher minimum deposits, as you move up the ladder of the better terms which are offered. The Standard account is the same deal as the Basic Account, but also offers trading alerts and a personal coach. The Gold account is the same deal as the Silver account, except spreads are offered from 2 pips on EUR/USD. The Platinum account has several edges over the Gold account: lower spreads (as low as 1.5 pips on the EUR/USD currency pair), no withdrawal fees, access to the research website, and a live training session. Finally, the deluxe Diamond account, in addition to the full offering of the Gold account, offers clients free tickets to a top European football team and a customized trading platform.

The different accounts are easy to understand and are transparent. The major differentials between accounts are varying average spreads.

A demo account is available, as is typical with nearly all spot Forex and CFD brokers.

A wide range of over 50 Forex currency pairs, 89 individual leading global shares from American and European stock markets, over 11 leading equity market indices, spot metals (gold and silver) plus several other commodities such as crude oil and a few softs such as coffee and sugar, and one of the widest range of cryptocurrencies that we have seen, are offered for trading by 24option.

Features

A wide choice of tradeable instruments is offered, as well as a choice of two trading platforms: the perennially popular MetaTrader 4 or the broker’s proprietary web-based platform.

Education

24option provide a range of educational material. They host live trading webinars, offer free “learn how to trade” eBooks, as well as a free detailed daily market report. There are a range of recorded webinars designed specifically to help trading beginners, which can be viewed at leisure. There are additional levels of webinars aimed at providing detailed trading strategies and ideas suitable for intermediate and advanced level traders.

Bonuses and Promotions

Although the offering of bonuses and promotions has been restricted for brokers based in Cyprus by CySec regulation, there are currently two legacy promotions which are offered by 24option. Anyone signing up as a new client and downloading the mobile app received a one-off tradeable bonus of $24. Additionally, discretionary cash bonuses may be paid from time to time to particularly active or otherwise valuable clients.

Deposits/Withdrawals

Depositing funds into a 24option account is an easy and secure process. Deposits may be made using a range of methods, including credit cards, bank wire transfer, and Skrill. Withdrawals can be made to credit cards, or by wire transfer.

Customer Support

Customer support is based in Cyprus. Clients can contact a 24option representative by telephone during business hours, and can use email anytime of the day. There is also a direct chat service available through their website.

Conclusion

24option have transitioned away from binary options into an offering for traders looking for the ability to trade a very wide selection of assets, including stocks, cryptocurrencies, metals, stock indices, and commodities.

Features

In terms of features, the stand-out strengths of this broker’s offerings are:

  • A wide range of instruments available for trading: all the major and minor Forex currency pairs, as well as several exotics; also, a good range of global equity indices, plus several commodities, and an extremely wide selection of stocks and shares offered on leading global equity markets. There is also an especially wide selection of cryptocurrencies offered.
  • An option to trade with the most popular trading platform in the industry, MetaTrader 4
  • Regulated by a major industry center (Cyprus).
  • An extensive provision of free educational materials and daily market analysis and commentary across all markets.

Company Information

  • Broker’s Name : 24Option
  • Headquarter : Cyprus
  • Regulation : CySEC

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : $100
  • Maximum Gain : 89%
  • Minimum Position : $24
  • Account 1 : Basic
  • Account 2 : Silver
  • Account 3 : Gold
  • Account 4 : Platinum
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Institutional Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Mac
  • Windows
  • Linux
  • Mobile
  • Web
  • iPhone
  • iPad
  • Trading Signals :
  • Charting Package :
  • Automated Trading :
  • Market Analysis :
  • Chart Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :
  • Customer Support

    • English
    • Spanish
    • Arabic
    • Russian
  • Support Hours : 9/5
  • E-mail Support :
  • SMS Support :
  • Chat :
  • Platforms

    MetaTrader4

    The MetaTrader 4 is an independent trading platform, developed for trading FX, commodities and other products and is one of the most advanced and easy platforms to use. It remains the gold standard of trading platforms.

    In addition to the wide range of markets available to trade, the MT4 platform provides traders with a multilingual interface, instant execution, built in help guides for MT4 and MetaQuotes Language 4, a complete technical analysis package including a wide range of in-built indicators and charting tools, various custom indicators and time periods and more.

    Automated trading is also offered through the MetaTrader 4 platform where traders can create and test their automated trading strategies by using the MetaEditor, Strategy Tester and Compiler tools within the MT4 platform.

    With this automated trading system clients may create Expert Advisors, software programs enabling traders to constantly monitor the markets. Custom Indicators help traders to predict future price movements by analyzing past and current price information. And the Scripts feature gives traders the opportunity to set up an automatic repetition of specific operations such as closing all positions with a single keystroke.

    MetaTrader Mobile

    The MetaTrader 4 and platform apps can be used on iPhones, iPads, Multi-Terminal, and all Android devices.

    Web Client Platform

    24option offer as an alternative to MetaTrader 4 their own proprietary web client platform. It is entirely web based. Although such platforms can be prone to glitches and freezing, we find it seems to work very smoothly. It is intuitive and easy to use, yet there is no doubt it has less features than MetaTrader 4, so many traders will prefer that option.

    24option App

    Every second counts! The app can ensure you never get caught short (pun intended) when the market starts moving at an awkward time, as it so often does. Using the 24option app, you can enjoy the full functionality of 24option’s offering at any time, in any place you are with a smartphone.

    General Information

    Company Information

    • Broker’s Name : 24Option
    • Headquarter : Cyprus
    • Regulation : CySEC

    Account Information

    • Type of Broker : Market Maker
    • U.S. Clients Allowed :
    • Minimum Deposit : $100
    • Maximum Leverage : 1:200
    • Account 1 : Basic
    • Account 2 : Silver
    • Account 3 : Gold
    • Account 4 : Platinum
    • Demo Account :
    • Islamic Account :
    • Segregated Account :
    • Managed Accounts :
    • Institutional Accounts :
    • Deposit Options :
    • Withdrawal Options :

    Instruments Traded

    • ETFs :
    • CFDs :
    • Commodities :
    • Metals :
    • Stocks :
    • Oil :
    • Gold :
    • Binary Options :
    • Indices :

    Trading Platforms

    • Type of Platform : MetaTrader 4
      • English
      • Spanish
      • Arabic
      • Italian
      • French
      • Turkish
      • German
      • Japanese
      • Chinese
      • Russian
      • Portuguese
      • Dutch
      • Greek
      • Malay
      • Thai
      • Bahasa
      • Swedish
      • Polish
      • Hungarian
      • Other
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :
  • Customer Support

    • English
    • Spanish
    • Arabic
    • Russian
  • Support Hours : 9/5
  • E-mail Support :
  • SMS Support :
  • Chat :
  • Pros and Cons

    • Wide Range of Assets
    • Cryptocurrencies
    • High Spreads
    • Insufficient Info About Account Types

    24option Crypto

    There are many Forex brokers that offer cryptocurrency trading, but few are as comprehensive as the 24option crypto currency offerings. 24option prides itself on its wide asset offerings, and its cryptocurrency offerings are no different. The brokerage offers CFD trading for the five top cryptocurrencies, including bitcoin, bitcoin cash, litecoin and Ethereum.

    24option offers traders educational resources for trading CFDs and the strategies are valid for trading cryptocurrency CFDs as well as others. Among the recommendations the broker makes is to focus on a limited number of markets so as to sharpen your trading strategy and make sure it’s both profitable and relevant to the CFD (or, in this case, the cryptocurrency CFD) you wish to trade. Practice your trading strategy consistently on the same assets, and hopefully you’ll see the desired results.

    Another suggestion made by 24option which is relevant both to bitcoin trading and trading of other digital currencies is to create a solid trading plan before getting started. Though many cryptocurrency traders are eager to jump on the bandwagon without an actual trading plan because they ‘have a feeling’ that the market is going to go up or down, or are sharing in the crypto craze that is taking the world by storm. However, this type of overzealous action can be extremely dangerous, especially as cryptocurrencies tend to fluctuate wildly, even without specific market triggers. Taking time to make a strategy-based trading plan will ensure that you don’t trade emotionally, but make intelligent, thoughtful decisions that will bring long-term profits.

    The minimum deposit for 24option bitcoin trading is $250, and the minimum withdrawal amount is $10. Deposits can be made in USD, GBP, JPY, EUR and RUB. Your trading currency cannot be change once it is set, so choose your deposit currency carefully. Some traders have noted that only one withdrawal can be made per month with 24option (bitcoin trading and regular trading), so consider this limitation when making your withdrawal. However, we don’t see this as a serious drawback, as 24option is a regulated brokerage that offers reliable cryptocurrency trading.

    User Reviews

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    24Option Review

    A no-frills forex broker with good educational guides

    Investopedia is committed to rigorous editorial standards to provide our readers with the best advice and recommendations. We may receive compensation when you click on links to products we reviewed. Learn more about our methodology and review process.

    • Account Minimum: €100
    • Fees: 0.5 to 1.0 pips for major FX currency pairs during market hours
    • Best For: No-frills forex trading

    24Option is operated by Rodeler Limited, a Cyprus-based Investment Firm. It’s authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 207/13. Unlike some other brokers and spread betting providers, very little information is available about the company on its website such as how long they have been in business, who the managers or owners are, and how many assets are under management.

    Traders can access daily financial news on the 24Option twitter feed

    24Option has a range of educational videos, they also offer as many as 10 live webinars per month

    A pip value calculator that shows exactly what your profit or loss will be with each pip move

    The desktop and mobile platforms do not offer live streaming news

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    24Option has high maintenance and withdrawal fees

    No fundamental research

    Trust

    24Option has mixed results when it comes to trustworthiness. One major negative is that the broker is only regulated in Cyprus. This still falls under the EU regulatory regime but may not be as robust as other more developed regulatory regimes like the UK or Germany.

    Another factor working against the broker is the lack of guaranteed stop loss trading outside of France. On the bright side, 24Option participates in an investor compensation fund should the broker become insolvent. Also, client funds seem well protected with anti-fraud software including both ClickSSL and Thawte. Negative balance protection, that prevents clients from losing more than their initial deposit, is also in place as per new EU regulation.

    Desktop Experience

    Like most other brokers, 24Option allows traders to download and use the MetaTrader 4 (MT4) platform. This platform is an industry standard and allows for advanced charting and analysis. Traders who do not wish to use this software can also use the 24Option’s desktop platform, which is better than the industry average. For example, the desktop platform has customizable and transparent price lists for easy trading and execution. It allows for advanced charting with an “indicator wizard” that allows traders to build customized charts. It is also possible for traders to build a watch list simply by clicking on the star next to any currency pair. This pair will then appear in a list of favorites.

    Traders are also able to leave conditional orders and have stop-loss and take-profit trading options that allow for hedging. Finally, unlike some brokers, 24Option displays other clients’ positioning, so traders know how other traders feel (bullish or bearish) about any instrument.

    Special Features

    24Option lacks any special features sometimes available to other traders such as social trading. Other features such as automated trading or back-testing certain trading strategies are available via the MT4 platform, but not through the desktop platform.

    Customer Support

    Customer support is quite good and 24Option scored well in this category. For example, online chat is available for both new and existing clients, and 24 hour support is also available via phone or email 5 days a week.

    Outside of office hours, robo support can answer many frequently asked questions and is easy to find on the lower right part of most of their webpages. The broker also has a list of the most basic FAQs on their site. Social media support is available via Twitter, where several useful daily market briefing videos can be found.

    Investment Products

    24Option also scored well for its range of investment products. While the site has slightly fewer currency pairs than other providers, they do provide extensive coverage in cryptocurrency trading (including pairs with major currencies such as Bitcoin/USD, Bitcoin/EUR, Bitcoin/GBP, etc).

    Additionally, they offer trading in over 160 individual stocks, which is a clear advantage for a trader wishing to partake in such activity. Other trading products such as gold and oil are standard, and 24Option offers trading in many of the same commodities as other providers at competitive spreads.

    Research Tools and Insights

    The range of research products resulted in mixed results for 24Option. For example, the broker has teamed up with Trading Central to provide comprehensive technical analysis complete with entry and exit points, trading charts and recommended positioning. Videos and market calendars are also available to help traders with their decisions. But the broker is behind its peers in areas such as streaming news or fundamental research. These tools can be helpful in making longer-term trading decisions and 24Option is at a competitive disadvantage when it comes to offering these services.

    Education

    Educational products offered by 24Option are quite good. There are several videos that explain many concepts such as CFD trading itself. Other videos cover topics such as pending orders, trend analysis, risk management, calculating pips, support and resistance trading. Webinars are given up to 10 times per month, with at least two dedicated to basic and intermediate technical analysis. There is a separate section related specifically to forex trading with its unique concepts as well as a glossary with key terms important to CFD trading.

    Mobile Experience

    24Option’s mobile experience is adequate but not top of the range. Mobile apps are available in both iOS and Android, but there is no dedicated mobile website that is unique to the desktop experience. The app provides for fingerprint encryption, but this is part of Apple’s Touch ID, and not a separate factor authentication provided by the broker.

    Many of the same features that make the desktop experience pleasant are also available in the app. For example, steaming quotes allow traders to easily see where assets are trading. A mini-chart shows the short-term trend as well. It is also possible to leave conditional orders, stop-loss and take profit orders in the mobile app, so traders have full control over their positions.

    It is easy to make a mobile watchlist by simply tapping on the star to the left of the currency pair. This will add the pair to a list of favorites that can be easily filtered for faster trading. Charting is also easy with the app. Traders can easily switch timeframes to see different trading opportunities.

    Technical studies such as moving averages can also be quickly added to the mobile charts to help traders identify trading opportunities and monitor existing positions. The mobile app offers nearly 100 different technical indicators but lacks the indicator wizard available in the desktop version.

    One disadvantage to the mobile app relative to other providers is the lack of price alerts or news feeds. Other service providers make these options available which can help enhance the trading experience.

    Commissions and Fees

    Relative to other brokers, 24Option’s fee structure is relatively high. For example, there does not appear to be any meaningful discounts for larger volumes traded despite offering four different account types. But there are high fees for dormant accounts that can run to as much as €200 per month after six months. The broker also charges a monthly maintenance fee of €10. Finally, withdrawal fees of around 3.5% apply after the first withdrawal. On the bright side, there are no deposit, commission or financing fees. The minimum amount required to open an account is €100.

    What You Need to Know

    24Option’s high fees and the lack of published information about the company should throw up red flags. But the quality of its educational offerings and its helpful customer support will be useful for new traders. And the firm’s high fees will provide a different, costly kind of education on doing due diligence before picking a broker.

    Methodology

    Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. Our reviews are the result of six months of evaluating all aspects of an online broker’s platform, including the user experience, the quality of trade executions, the products available on their platforms, costs and fees, security, the mobile experience and customer service. We established a rating scale based on our criteria, collecting over 3,000 data points that we weighed into our star scoring system.

    In addition, every broker we surveyed was required to fill out a 320-point survey about all aspects of their platform that we used in our testing. Many of the online brokers we evaluated provided us with in-person demonstrations of their platforms at our offices.

    Our team of industry experts, led by Theresa W. Carey, conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels. Click here to read our full methodology.

    24option Review

    Rating:

    24option is the biggest binary options broker. It appeared on the market at the start of binary options era. Since the beginning, 24option provided clients with premium-quality services and professional customer support. Curious if the 24option is the best fit for you? Read 24option review or sign up!

    Min. Deposit: $250 Demo: Yes

    Platform: TechFin Bonus: 100%

    Regulation: CySEC US Clients: No

    Sign up with IQ option Instead
    RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

    Honest 24option review: About the Company

    24option is a binary options broker owned by the Rodeler Limited. This company is located in Cyprus and is authorized and regulated by the CySEC as a CIF (Cyprus Investment Firm). Honest 24option review found out that this broker is the official partner of the Juventus Football Club since 1 August 2020. It is also a sponsor of the Investing.com, one of the most popular portals about trading & investments. 24option is awarded with a number of awards, including Forex Magnates Award for the Best Binary Options Broker in 2020 and 2020.

    Additionally, the 24option offers free online learning courses. The registered customers are provided with the access to:

    • Webinars about binary options strategies, useful tips & analysis
    • eCourse with videos and articles on the binary options trading success
    • Trading eBook written specially for the traders who start their career

    24option Accounts reviews

    Honest 24option review discovered 3 types of accounts offered by the broker: Standard, Gold and Platinum. The accounts are quite solid, what what is great is that a trader at 24option can expect to withdraw profits once a month without any commission.

    All of accounts are supplied without any maintenance fees. Every account holder is provided with the professional 24/7 customer service. The accounts at 24option do not have a clear deposit boundary, hence Binary Options Hub recommends you signing up with 24option and then contacting your account manager to find out what accounts could be available to you. Let’s see the main features of the accounts below:

    • Standard account
      This is the basic account that every trader at the 24option is provided with. The account allows to trade every types of binary options. This account has no additional features or goodies, but you can surely benefit from any 24option promotion with it. The minimum deposit amount for this account type is 250 USD.
    • Golden account
      Apart from the features of the Standard account, the Gold account traders are provided with additional 2% return on every trade. Also, Gold account holders have a possibility to use a one personal training session with the 24option market expert.
    • Platinum account
      The main feature of this account is the increased return on every trade – additional 4%. Platinum account holders also get to enjoy an unlimited amount of free withdrawals.

    Binary Options Hub of course recommends you to settle for the Platinum account with 24option, as this account provides you with the highest rate of return. If you need a hand negotiating such a deal – let us know!

    RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

    24option Trading Conditions

    There are 5 types of options available at the 24option: High/Low, One Touch, Boundary, Short Term and High Yield. Honest review has shown that this broker provides top notch conditions, great payouts and an amazing amount of available time frames. Read honest review of the trading conditions below to find out more!

    • High/Low
      This trading type requires trader to bet on the price being higher or lower than the price of the trading instrument at the time of execution. The High/Low trade is available in such time frames: 5 minutes, 10 minutes, 15 minutes, 20 minutes, 30 minutes, 1 hour, daily market closure and weekly market closure. This trading type is available at all the instruments provided the 24option. The full list of the instruments can be found in the end of this section of the 24option review.
    • Short term
      This trading type is similar to High/Low trade. The core difference is the time frame of the trade, which is shortened to: 30 seconds, 60 seconds, 2 minutes and 5 minutes. The instruments available for this type of trade are:
    EUR/USD GBP/USD EUR/JPY GBP/JPY
    USD/JPY USD/CAD EUR/GBP AUD/USD
    AUD/NZD NZD/USD AUD/JPY EUR/AUD
    CAD/JPY CHF/JPY EUR/CAD GBP/CAD
    GBP/CHF GBP/AUD NZD/CHF OIL
    DOW JONES 30 FUTURE NASDAQ 100 FUTURE TA-25 DAX 30 FUTURE
    CAC 40 FUTURE
    • One Touch
      The main goal of this trading type is to predict either price of the trading instrument will achieve given level or won’t. Provided instruments are:
    EUR/USD GBP/USD EUR/JPY GBP/JPY
    USD/JPY USD/CAD EUR/GBP AUD/USD
    OIL
    • Boundary
      Trading type that requires the prediction of the instrument being in the given range or out of the range after shown period of time. The instruments available for such type of trading are:
    EUR/USD GBP/USD EUR/JPY GBP/JPY
    OIL
    • High yield
      Such trading type exists on the 4 instruments (EUR/USD, GBP/USD, USD/JPY, OIL) for such trading types as high/low, one touch and boundary and is characterized by the increased yield to the level of the 250%-300%.

    There are more trading instruments available at the 24option. Click the link below & see them all.

    See the rest of 24option instruments

    Currencies Stocks Commodities Future Indices
    EUR/USD AXA OIL DOW JONES 30 FUTURE
    GBP/USD BARCLAYS Gold NASDAQ 100 FUTURE
    EUR/JPY BBVA Silver S&P 500 FUTURE
    GBP/JPY BEIERSDORF COFFEE FTSE 100 FUTURE
    USD/JPY BMW CORN DAX 30 FUTURE
    USD/CAD BNP PARIBAS SUGAR CAC 40 FUTURE
    USD/CHF BP GOLD/EUR IBEX 35 FUTURE
    EUR/GBP LUFTHANSA GOLD/JPY MIB 40 FUTURE
    AUD/USD E.ON GOLD/SILVER SMI 20 FUTURE
    AUD/NZD ENEL COPPER
    NZD/USD FIAT TA-25
    AUD/CHF ORANGE FRANCE SOUTH AFRICA 40 FUTURE
    AUD/CAD GAZPROM ASX 200 FUTURE
    AUD/JPY ROSNEFT NIKKEI 225 FUTURE
    EUR/AUD ROYAL DUTCH SHANGHAI COMPOSITE
    USD/ZAR ICICI BANK NIFTY-FUTURE
    EUR/ZAR SBERBANK BOMBAY 30
    EUR/TRY SOCIETE GENERAL DUBAI
    USD/TRY TESCO TADAWUL
    USD/NOK THYSSENKRUPP
    EUR/NOK UNICREDIT
    CAD/CHF VODAFONE
    CAD/JPY MICEX
    CHF/JPY PLATINUM
    EUR/CAD AMAZON
    GBP/CAD AMEX
    GBP/CHF APPLE
    GBP/AUD BAIDU
    NZD/CHF CITIGROUP
    USD/RUB COCA-COLA
    USD/MXN DISNEY
    USD/SEK EXXON
    FACEBOOK
    GOOGLE
    IBM
    JPMORGAN CHASE
    MCDONALDS
    MICROSOFT
    NIKE
    TWITTER
    YAHOO
    ALIBABA
    ANZ
    SONY
    SUMITOMO
    BHP BILLITON
    WESTPAC BANKING
    RIO TINTO
    TATA MOTORS LTD
    RTSI

    24option Trading Platform

    The 24option is using TechFinancial trading platform. The software is customized to the match 24option brand and also includes some custom features. The platform is intuitive and does not require efforts to adjust. It has an additional window with open trades, history, alerts, market updates, economic calendar and notifications. The ability to expand the chart of the selected instrument into full screen has been found by the 24option fair review to be useful for the traders. Such a feature allows better capabilities for the analysis.

    The platform also includes Trader’s choice graph for every instrument, which should ease the process of the decision making. To learn more about SpotOption trading platform read its full review.

    24option Deposits and Withdrawals

    24option allows deposits via three main methods:

    • Credit cards and Skrill
      Deposits made via these methods are processed immediately. Minimum deposit requirements: $/€/£250, ¥50,000. Withdrawal fees: credit card 3.5%, Skrill 2%
    • Wire Transfer
      The minimum deposit are: $/€/£1000, ¥100,000. Average deposit time is 5 working days. The withdrawal fees are: $30, €25, £20, ¥2,500.

    Note that every client of 24option is granted a free withdrawal once a month, so the aforementioned fees apply only for your additional withdrawals!

    The deposit limitations are set to: Daily: $/€/£10,000, ¥100,000 and Monthly: $/€/£40,000, ¥4,000,000

    The 24option accepts such credit cards: Visa, MasterCard, Maestro International, Carte Bleue, Dankort, CartaSi, Laser and Discover. Next to regular credit cards, bank wires and most common internet payments, 24option honest review has show the support of the numerous local payment systems: WebMoney, QIWI, iDEAL, GiroPay to name a few.

    24option Customer Support

    The 24option support is available via email and live chat. You can get help in English, French, German, Spanish, Italian, Japanese, Turkish, Russian, Danish, Arabic, Indonesian, Korean, Latvian, Portuguese, Romanian, Swedish, Greek and Chinese.

    24option can be contacted via email and live chat at: www.24option.com or customer service at a number of local numbers.

    This is certainly a great feature of 24option, as it allows you to get in touch with the broker in no time and get premier voice support.

    Binary Options Hub has to admit that 24option honest review has shown the largest amount of possible supported languages within the binary trading services.

    In addition to this, during the review, Binary Options Hub experts tried contacting the customer service agents with various queries and all of our questions were answered in a timely and professional matter.

    If you are a rookie trader, 24option is a great choice, because you can expect top-notch support.

    24option Account Application

    Signing up with 24option is rather easy, intuitive and fast. Below Binary Options Hub lets you preview how it is done.

    1. The first thing that you need to do is to go to 24option website and register. To do so, click here and then click on the New User at the right upper corner of your screen.
    2. The next step is to provide your personal details and account information details. You are able to see the full form below. No extra forms appearing after it.

    After filling out the form and signing up with 24option, you will receive a call from your account manager. Binary Options Hub recommends you to actually pick your phone up, as you could get some potential deposit bonus deals and demo account option. You can also be provided with some educational materials.

    During the next step, you will need to answer a short questionnaire about your net worth, income and experience. This action is required by the regulator and is needed if you deal with any regulated institution, no matter it is a bank, a broker or a loan company.

    After answering the questionnaire you will be able to make your deposit and start your trading career. As simple as that. No email or identity verification required. The whole process takes up to 5 minutes and might take a few more if you actually decide to read the Legal Terms and Conditions.

    24option Review Conclusion

    24option is a reliable binary options broker with a long history and well-recognised brand name. Review shows that the broker has the great number of instruments and trading types available. The amount of payment options is also a strong point for the 24option. The only missing part is acceptance of the US clients. So, if you need a binary option broker, do not waste your time on some brokers that have no regulations and just sign up at the 24option.

    RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

    Best Binary Options Brokers 2020:
    • BINARIUM
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    • BINOMO
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      Only For Experienced Traders!

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