Our 24Option Review
24Option presents an totally web-based binary options investment platform which is held and managed by Yaymay Investments, a group of industry professionals that are skilled in financial options and software development. This broker manages offices is Cyrpus and London, and is currently CySec regulated. After getting into the digital options market during 2010, 24Option has continued to grow and now provides its platform to thousands of traders.
24Option customer service is accessible both night and day. Multilingual associates are available, with assistance provided in the following languages: English, Italian, French, Spanish, Arabic, Japanese, Portuguese, Romanian and Turkish. Toll-free global phone numbers are supplied, as is e-mail contact for traders who have a preference for computer contact instead of phone calls. Live Chat is also available. Simply visit the 24Option website in order to start a chat session.
The 24Option website and investment platform can be accessed using any modern web browser. There platform involves no downloading, but you’ll want to ensure that your Flash and Java programs are current. On-site assistance is available. There is also a comprehensive binary options trading manual offered. Getting started should take no more than a few minutes, but should there be any questions, help is readily available.
Mobile trading is a possibility for anyone who wishes to trade while on the go. The 24Option mobile investment platform offers full operation from essentially any internet connected mobile device. Mobile trading has been a big hit with modern traders, yet not every binary options broker provides dedicated mobile platforms and apps. The mobile platform provided by 24Option is among the best in the digital options industry.
The standard platform offers a good amount of underlying assets to select from. A distinctive trading interface is offered, with High/Low (basic binary options), One-Touch, and Boundary instruments all being included. A comparatively new function, 60 Second trading, makes it possible for traders to trade digital options faster and hopefully generate faster earnings. The one minute trade is no longer the shortest expiry time available, yet it still stands as the preferred expiry time period for those who like to participate in rapid trading.
As an added binary options trading tool, a Trade Box is offered. This tool makes the entire process of analysis a lot less difficult. Inside this box traders can see variations in asset prices for various time periods. These are clearly shown inside easily readable pricing charts. Current marketplace information and other important data associated with underlying assets are additionally offered and should help with price forecasting.
Traders can post their initial deposit (minimum of $250) using a variety of payment methods. Note that a $1,000 minimum is in place for bank wire exchanges. Digital fund exchanges from Liberty Reserve or MoneyBookers can also be used as a banking method. Whenever posting your initial deposit, you’ll be asked to select you’re currency preference. This selection can only be made once. The highest possible investment amount permitted on High/Low binary options trades is $15,000. $5,000 is the max for other trade types.
All traders receive one cost-free withdrawal each month. Additional requests for payment within the same month will cost $30. Bank wire exchange could cost extra, based upon the bank which is used. As an adequately secured binary options broker, 24Option requires identification verification in advance of the first withdrawal. This process doesn’t take long and only has to be completed once. Traders are free to complete the ID verification step well in advance of requesting payment.
24Option has been touted by various binary options industry experts, as well as by those who are already using their services and platform. Offering payout rates up to 89% on standard trades, and strong features, 24Option is going to be able to please plenty of traders. Their investment platform has grown to be incredibly popular, and with all things considered, it’s not hard to see why so many have made 24Option their broker of choice.