Established 2010
Location of HQ Cyprus
Website www.24option.com
Platform Type Tech Financial
Minimum Deposit $/€/£/¥250 (credit card & electronic payment) – $/€/£/¥1000 (wire transfer)
Minimum Trade $24-$20,000
Deposit Methods Credit card , Debit Card, Moneybookers, Wire transfer, Debit Card
Withdrawal Options Credit card, MoneyBookers, Wire transfer
Account Types Standard, Gold, Platinum
Demo Account Yes
Mobile Application Yes (Android/iOS)
Traders from USA No
Payouts Up to 81%
Bonus Up to 100% of Initial Deposit
Trading Features High/Low, One Touch, Boundary, 60 seconds
Platform Languages Available English, Spanish, German, French, Arabic, Danish, Indonesian, Italian, Japanese, Korean, Latvian, Portuguese, Romanian, Russian, Swedish, Turkish, Chinese
Email Address [email protected]24option.com

Account types & Promotions

There are three different 24option account types on offer, each tailored to different traders’ needs depending on their available capital and their level of experience on the binary options market. The Standard account offers traders all of the basic features including access to all of the 24option trading platform option and asset types and round-the-clock customer support. The Gold account provides 24option traders with some extra perks which include a one-on-one training session with a 24option market expert, and an additional 2% return on every successful trade. The third and more advantageous account type – the Platinum 24option account – offers all of the aforementioned features with the addition of a personal coach who will be at the trader’s disposal at all times, as well as an extra 4% return on every successful trade executed on the 24option trading platform.

In order to trade on the 24option trading platform, the minimum deposit amount for the Standard 24option account is $250 or the equivalent in any other currency. Minimum deposit amounts for the other two account types are subject to change, depending on which promotions are available at the time of deposit. Traders thinking of opening a Gold or Platinum account are advised to contact a 24option representative before doing so.

The broker regularly holds trading competitions and offers various types of bonuses, so traders should contact the customer support department to find out what the latest promotions are before creating a 24option account and trading on the 24option trading platform.

Trading Platform & Education

The proprietary 24option trading platform is web-based and offers traders the following binary options trading features: High/Low, One Touch, Boundary and 60 seconds. This high-end platform is straightforward, has a slick design and very user-friendly interface which gives traders exactly what they need. The asset list is customizable to each trader’s personal preferences. The 24option trading platform even comes with a built-in graph for easy accessibility.

The fact that the 24option trading platform is entirely web-based is good news for prospective traders who may worry about taking their trading on-the-go. It is accessible from any android and iOS mobile phones and tablets, making it easy for anyone to trade from anywhere in the world so long as an internet connection and a smart device are at hand.

The broker offers educational material in the form of eBooks, eCourses, and educational videos for all 24option account holders. These can be found on the company’s website and can even be requested from any representative.

Customer Support

The customer service team at www.24option.com is available around the clock via live chat, email, or telephone in the following languages: English, French, Spanish, Portuguese, Japanese, Russian, Turkish, Italian, Chinese, and German.

The customer support team is reliable and offers top-of-the-line service to its clients at any time, making it another one of the broker’s assets.

Summary

As previously stated, 24option is a binary options broker which has a lot to offer to its customers, something which is directly reflected on their website. There is no needless clutter in the website and the design of the 24option trading platform, their generous educational material is sure to be satisfactory to novice and seasoned traders, and any query you may have can easily and quickly be addressed by their support team. The only slight hiccup which can be found is that the minimum deposit amounts for the Gold and Platinum account types are nowhere to be found on their websites, but that’s nothing a quick chat to a representative can’t fix.