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24 Option Review

 

  • Platform Overview
  • Trade Types
  • Deposit and Withdrawal Options
  • Payouts and Return on Loss
  • Security and Reliability
  • Assets Available
  • Account Types and Bonuses Offered
  • Quick Conclusion

 

24option binary Options website offers multiple options to select from a very large list of assets that are applicable for the trading events. It is no wonder why the broker has become known as one of the world’s finest and best brokers in the binary industry.

The dark design is most excellent in this particular example, for the whole page can contrast with the highlighted features that make for an undeniably attractive website. There are always new news updates and most relevant features and updates within the world if financial trading online.

Their complete guide will also help you find your way through the progress of location the best trading opportunities and which strategies might be most effective.

 

Platform Overview

The 24Option’s trading platform is a typical web based binary options platform that is simple and easy to understand, in short a good platform for those new to binary options.  The trader simply chooses the asset he or she want to trade, the expiry of the option, and the value of the trade and whether you think the price of the asset will go up or down.

The trading platform is available in a number of languages including English, Italian French, Turkish, Portuguese, Arabic, Spanish, and Japanese.

I would like to see a bit more tools for the traders when it comes to analysis tools and more in depth charting, overall this is somewhat poor for the more experienced traders whom might consider their platform to be more a game then a investment platform..

 

 Trade Types

 

High / low options

24Option offers high / low options for stocks, indices, commodities, and currencies, always providing a high payout of up to 90%. High / low options are one of the more classic binary option trading types. All you need to do is to predict whether an asset’s price will rise or fall over a predetermined period of time.

60 seconds options

I find this this type of trading the most fun as you just have to wait 60 seconds to actually see if you won or lost your trade. The 60 seconds options are a special form of high / low options where after you predict where the market will be (up or down) after 60 seconds. My advice is to trade this type only when a trend on a 15-minute or 30-minute chart creates a breakout.

One touch options

This Type of trading is a bit for the more seasoned trader as it is harder, on the other hand the payout can also be much higher in relation to the higher risk. The concept is that you not only have to predict which direction the price will move, but also how far it will move in that chosen direction.

The main advantage of touch options is that you will even win your trade if the asset reaches the target price just once during the time set for this trade. It is not required that the price remains at this level until your option trade time expires.

Boundary options

Trading a boundary option is a bit easier than trading a touch option, at the same time the payout is also lower because of this (around 200 – 300%). Trading Boundary options is the perfect trading type when you expect the market to show strong movement but the trader is not sure in which direction this movement will be.

Boundary options work like one touch options with a target price in both directions. Both target prices are equally far from the current market price, creating a corridor the asset has to leave for you to win your binary option.

 

 24Option Deposit and Withdrawal Options

24 Options prides itself on its quick payment processing, meaning that when you request to withdraw part or all your funds this is done easy and fast.

The offer enough payment methods to be able to cater to traders around the world.

Currently they have the following options.

  • Credit Cards
  • Skrill
  • Wire Transfer
  • Western Union

 

Payouts and Return on Loss

The height of the payout by 24Option mainly dependent upon the type of trade the trader used.  Still from what we have seen this is between the 70% and 85% and the system will tell the trader the actual amount for that trade when the trade expires ‘in the money’.

 Assets Available

24option assets

24option provides the traders with a large selection of assets, combine that with the different kinds of trading types and a trader should always be able to find something to his or her liking.

see all the asstes on the “assets Tab”

Stocks

Stocks are the most popular asset type to be invested in with binary options. To invest in stocks, you can choose from four different binary option types:

  • High / Low options
  • One Touch options
  • Boundary options
  • 60 seconds

With these four option types, 24option allows you to invest in a wide variety of stocks from all over the world whichw ill be available to trade home market is open

  • Europe (France Telecom, BMW, British Petroleum PLC, etc.)
  • Asia (Samsung, PetroChina, Gazprom, etc.),
  • America (Coca Cola, Apple, Nike, etc.)

Currencies

Trading Currencies is different binary options than stocks as  currencies are traded in pairs. The trade is based on the 2 currencies and how they are perfomring against each other for the selected period of time. Currencies are traded continuously throughout the week from Monday to Friday.

Commodities

Commodities are a somewhere in between trading stocks and currencies.

Indices

For binary option investments, indices are almost identical to stocks. They feature the same trading times and the same basic characteristics.

 

 

Bonuses offered

24option deposit bonus

24option offers its new customers a deposit bonus which is a % of the initial deposit will e added to the account as extra money to trade with.

In general this is around 70% that means, when you open a new account with 24option, you will receive 70% of your initial deposit extra. If you deposit $1,000 with your first deposit after opening your account, you will get deposit bonus of $700 for free ($1,000 x 70% = $1700). In total, a deposit of $1,000 will translate to $1700 in your account.

But this is not free money as you are not able to take it out. You have to invest this amount (they amount you have receive) at least 50 times in order to be able to take it out. By this time thou you are in profit or your account is most likely empty. So be aware when accepting bonuses.

Quick Conclusion

24 Options is a reliable broke which for people who want to enter this industry might be one of the better solutions out there.

This easy interface, which I might add is for some too easy, allows the trader many different trading types and assets to trade with. Their fast withdrawal procedure help with establishing their credibility.

 

24 Option Details

Website www.24option.com
Established 2010
Based In Cyprus
Telephone 357 25 262789
Platform Tech Financials
Regulated CySEC, FCA, BaFin, CONSOB, FMA, Banque de France, CNMV, FMA Liechtenstein, AFM, HCMC, CNB, ATVP
Mobile Specific Trading Yes, Android & iPhone App
US Traders no
Account Currencies USD, EUR, GBP, SEK and RUB
Languages English, Italian, Spanish, German, Russian, French, Portuguese, Turkish, Arabic, Chinese, Japanese, Danish, Indonesian, Latvian, Romanian, Swedish
Option Types CALL/PUT, One Touch, 60seconds, Long Term, Pair Options, Ladder Options
Option Expiry Times 60sec, 2min, 15min, 30min, 1hr, 24h up to 150 days
Underlying Assets Stocks, Commodities, Currency Pairs, World Indices, Stock Pairs
In the Money Returns 70% – 88%
Out of the Money Returns From 0-10% depending on option
Minimum Trade $24
Minimum Deposit $250
Deposit Methods Bank Wire Transfer , Banklink , Cash-U , Credit Card , Giropay , iDeal , Moneybookers , Multi Banco , Neosurf , Neteller , PerfectMoney , QIWI , Sofort , Teleingreso , Ticketsurf , Webmoney , AstroPaycard , Moneta , PaySafeCard
Withdrawal Time Up to 2+ business days for processing, 5-7 days to be in your account
Documentation Needed for Withdrawal Photo ID and proof of address. ie. utility bill
Support 24h
Live Chat Yes
Support Email info@24option.com
Support Languages English , Italian , German , Russian , French , Portuguese , Greek , Turkish , Dutch , Arabic , Polish , Chinese , Japanese , Czech , Hindi , Hungarian , Slovak , Urdu , Multi-lingual
Demo Account Yes
Free Tools Binary Options Daily
Daily Market Analysis
Binary Options Strategy
Economic Calendar

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Accounts

Service & Features Basic Silver Gold Platinum Diamond
Payout – up to 82% 82% 84% 86% 88%
Monthly Withdrawal Fee yes yes yes no no
24/7 Customer Service yes yes yes yes yes
Professional Chart yes yes yes yes yes
Trading Alerts yes yes yes yes
Trading Central (basic) Yes (Basic) yes yes yes
SMS & Email Alerts yes yes yes
A Personal Coach yes yes yes yes
Live Trading With Expert yes yes yes
Financial Expert Session yes yes
Research website yes yes
Forex yes yes
Juventus Tickets yes
Customize Platform yes
Higher trading limits and exposure yes yes

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Screenshots

24option_trading            FireShot Ccapture 1 - Binary Options Trading I 24option your Binary Opti_ - https___www.24option.com_

Assets

Commodities Coffee Stocks Vodafone
Commodities Copper Stocks Amazon
Commodities Corn Stocks Amex
Commodities Gold (XAU) Stocks ANZ
Commodities Oil Stocks Apple Inc.
Commodities Platinum XPT Stocks AXA
Commodities Silver (XAG) Stocks Baidu
Commodities Sugar Stocks Barclays PLC
Commodities XAU/EUR Stocks BBVA
Commodities XAU/JPY Stocks Beiersdorf
Commodities XAU/XAG Stocks BHP Billiton
currencies EUR/USD Stocks BMW
currencies AUD/CAD Stocks BNP Paribas
currencies AUD/CHF Stocks British Petroleum PLC
Currencies AUD/JPY Stocks Citi Group
currencies AUD/NZD Stocks Coca Cola
Currencies AUD/USD Stocks Deutsche Lufthansa
currencies CAD/CHF Stocks Disney
Currencies CAD/JPY Stocks E.ON
currencies CHF/JPY Stocks Exxon
Currencies EUR/AUD Stocks Facebook
currencies EUR/CAD Stocks Fiat
Currencies EUR/GBP Stocks France-Telecom
currencies EUR/JPY Stocks Gazprom
currencies EUR/NOK Stocks Google Inc.
Currencies EUR/TRY Stocks GoPro
currencies EUR/ZAR Stocks IBM
Currencies GBP/AUD Stocks ICICI
Currencies GBP/CAD Stocks JPMorgan Chase
Currencies GBP/CHF Stocks McDonald’s
Currencies GBP/JPY Stocks Microsoft
currencies GBP/USD Stocks Netflix
currencies NZD/CHF Stocks Nike
currencies NZD/USD Stocks PetroChina
currencies USD/CAD Stocks Rio Tinto
currencies USD/CHF Stocks Rosneft
Currencies USD/JPY Stocks Royal Dutch
Currencies USD/MXN Stocks Samsung Electronics
Currencies USD/NOK Stocks Societe Generale
Currencies USD/RUB Stocks Sony
Currencies USD/TRY Stocks Sumitomo
currencies USD/ZAR Stocks Tata Motors Ltd
Stocks Tesco
Stocks ThyssenKrupp
Stocks Westpac Banking Corporation
Indices FTSE-100
Indices ASX 200 Future
Indices Bombay 30
Indices CAC
Indices DAX-30
Indices Dow Jones
Indices Hang Seng Future
Indices IBEX- 35
Indices KOSPI 200
Indices MIB-40 FUTURE
Indices MICEX
Indices Nasdaq Composite
Indices NIFTY
Indices Nikkei 225
Indices S&P 500
Indices SMI FUTURE
Indices South Africa 40 Future
Indices TA-25

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