24option Broker Review
In our 24option review you will find info about a great international broker servicing in more languages and countries than any other binary options broker in the world. The 24option review of trading platform showed outstanding solution and a great variety of binary options with a maximum investment of $100,000!
24option Special Features
When you make your first deposit a personal account manager will be appointed to you to assure you get a good experience with 24option. Personal account manager made our 24option.
24option Gold Members: If you deposit $10,000 you will become a gold member and receive a personal training session with a market analyst. You will also get 2% extra in returns on all your trades and you will be able to withdraw free or charge once a month, you can also receive free signals.
24option Platinum Members: If you become a platinum member you will get a dedicated coach and 4% extra in returns on all your trades. You will also get unlimited free withdrawals.
24option review showed the minimum investment is $24, which is rather high compared to the industry standard so its not a broker we recommend for beginners. In line with the high minimum investment 24option has the highest maximum investment of a whopping $100,000!
24option also offers risk free trades to get started trading binary options with less risk.
24option Trading Software and Assets
It was a thrill to trade and write this 24option review of the trading platform. And stay alert if you are not careful you will get addicted right away. 24option review revealed some very interesting trading options available such as Boundary options and High Yield options. If you are getting tired of the platforms you are trading on today, then 24option is a great alternative.
You should select 24option if the trading platform and software features is the most important factor to you. The ability to close early is a very popular feature among online traders and has proven to be important for 24option review.
You can also trade ‘as you go’ with the 24option mobile app that is free to download, we didn’t test this for the 24option review.
Support and Services
24option has a magnificent amount of languages to choose from so if you are an international trader that prefers to trade in your native language 24option is the right place for you. During the 24option review our staff tried communicating in few languages and found the support ready for everything.
We do need to point out that even though the live chat is advertised in different languages, it is not always possible to get a hold of anyone besides the English support, but for 24option review we tested support for some of 13 different languages.
During the 24option review we experienced a live chat support agent directing us to our account manager instead of giving us an immediate answer to our question. This is pretty common in binary options but we would like to get an answer when we seek one and talk to our account manager later on.
24option Banking and Company
24option review showed the deposit process was to our surprise not instant. We made a deposit with Moneybookers that normally credit your account instantly, instead you have to wait up to 24 hours to get the deposit manually approved.
The first withdrawal is free. After that following fees apply unless you are a 24option gold or platinum member. The minimum withdrawal is $100.
Processing fees at 24option is as follows:
- Liberty Reserve 1%
- Moneybookers 2%
- Credit card 3,5%
- Bank wire $30
Don’t let being a beginner stop you. 24Option has an education center that teaches you what binary options are, how to trade and basic strategies. Here is what you’ll find:
- Webinars – They run a webinar two times per week, on Thursdays and Fridays in the early afternoon.
- eBook – This covers basic things like what binary options are, how to use 24Options’ platform, types of trades and investment styles.
- Interactive eBook – This is a fancier version of the ebook which covers mobile trading, an intro to binary options, trading psychology and market analysis.
- O.D – This is another video-based trading that covers more of the basics.
- Early Closure – This tells you how to close out trades early to minimize the losses you might take.
What I like most about how they educate their uses is how they use different types of media. Not everyone learns the same way. If you prefer to read, there’s an ebook. If you’re a visual learner then watch their videos.
By the time you’re done you’ll be ready to make real-money trades of your own.
Yes, they are arguably the best. From my point of view I see no reason why you shouldn’t check them out. They’re licensed, regulated and other traders like them. They pay their traders, too.
I came across a forum post where a user said he was able to withdraw $10k (which included a bonus) within a month. That’s music to my ears. And I wasn’t able to pinpoint any legit scam claims or complaints. And definitely nothing with proof. Most people just had nice things to say about them.