Have you been looking for a binary option broker online? If so, then you’ve come to the right place, as we introduce to you 24Options, which is among the world’s most popular and the oldest binary options platform. It exited the US market in the previous year, and yet, its popularity remains at an all-time high, making it one of the most trafficked brokers on earth. It is owned by Rodeler Ltd. And they received the CySEC license on the 11th of July 2013. Additionally, it has registered with many other places outside of the US, such as BaFin in Germany, FCA in the UK, AMF in France, and CONSOB in Italy. This article will give you a detailed review of the 24Option service and trading platform.
A review of the 24Option platform
The trading platform of the Tech Financials is used, and they have almost all the currency pairs ready to be traded. Unline some brokers, who use market prices of their own, 24Option makes use of real price quotes, which ensures the traders that they will receive the original market prices. Additionally, they also allow several different deposit options, which is another reason for their popularity, and options as such as Webmoney, Skrill, AstroPay, Qiwi, and Sofort are available among many others.
The maximum trade size has also been increased, and the limit has been increased to $100,000 per trade, with the trade minimum being $24, and the deposit’s minimum being $250. Among all the binary brokers, this platform’s deposit minimum is among the lowest.
24Option holds trading competitions, and the one on July this year started from the beginning of the month and continued until the 31st. The grand prize was $100,000. The competition requires the traders to deposit more than $1,000 in their accounts. 60 second trades will be held and the trader that is the most profitable will win a prize among the 15 prizes. $100 is the minimum trade size.
Some of their features include:
- A trading platform that is available in 16 different languages.
- $100,000 is the maximum investment, which is the highest in the entire trading brokers’ industry.
- Underlying assets are more than 100 and there are also over 200 different trading combinations.
- The boundary options are hard to find.
- The payout can be of up to 89%, and that is for the short-term and for high/low.
- The payout can be of up to 300%, which is for boundary and one touch and for above/below.
- The payout can be of up to 500%, which is for a one-touch with a high-yield.
- Daily options for boundary and one-touch, and there are also a weekly variety of high-yield.
After reading a detailed review of the 24Option service and trading platform, you should’ve realized all the tremendous features that this platform sports and how profitable you can be by using them. Sadly, it isn’t available for people living in the US anymore, but for the rest of the people around the world, this is an opportunity that you cannot fail to grasp.
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