Top Options
90/ 100
Type of Broker: Binary Options, Forex
Regulated: CySec
Min Deposit: $250
Min Trade Amount: $1
US Clients:
Max Trade Amount: $5000
Number of Assets: 91
Leverage: 1:200
Free Demo Account:
Trading Platform: Web, Mobile
Types of assets: Currencies, Commodities, Indices
Payment METHOD NAME Charge Time
Credit Card 8-10% 3-4 days
Debit card 1-5% 4-5 days
Skrill one 3-4 days

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Full Review

24Option is an online CFD & binary options broker providing an intuitive trading platform designed with the latest technological advancements that are geared towards new traders as well as professionals. The company is fully authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 207/13. The broker is well-known due to its strong financial resources and strict policies.

Although 24option is a binary broker but it also allows traders to trade in forex and CFDs. To facilitate trading, it offers well-organized and advanced web platform. The main concept for CFD trading is similar to Binary Options (you still have to predict the right direction) but the difference is that once the direction and amount to be placed for trade is decided, the trade can be kept open as long as you want or you may close it whenever you wish to. The more the price moves in your predicted direction, the more profit you have.  CFDs are more complex than what is outlined here, so it is strongly recommended that you read our articles about CFDs before you start trading them with real money. You can also have a detailed overview about CFDs at the company’s official website.

As far as trading in binary option is concerned, there are many keys to developing a successful trading strategy. A binary strategy is a set of rules that a trader employ to guide him in his trading. These rules are based on market information and capital management. Surely, everyone has a different trading strategy that works for them. Some people love to seek risk, while others like to avoid high risk as much as possible; it all depends on how you look at the markets. 24Option allows novice plus advanced traders to go through a complete guide about trading in Binary options.

Being a market leading broker, 24Option is a pioneer to introduce Meta Trader 4 (MT4) as a platform for trading Forex and CFDs. Traders used to use charting tools to conduct  technical analysis before opening Binary Options trades on their broker’s platform but now at 24Option, you can trade CFDs directly from MT4.

Assets

There is a wide selection of assets that traders can buy and sell at 24Option. You can trade currency pairs, commodities, stocks and indices

Commodities: Gold, Silver, Oil

Currencies: – Binary Forex Pairs Euro-Dollar, Pound-Dollar, Euro-Japanese Yen, Dollar – Japanese Yen, Pound – Japanese Yen, Pound – Euro, Euro – Pound, Australian Dollar – USD, USD – Canadian Dollar, Euro- Turkish Lira, Swiss Franc – American Dollar

Stocks: Vodafone, Lloyds British Petroleum PLC (BP), Barclays PLC, Google Inc, Apple Inc, Telefonica SA, France – Telecom

Indices: FTSE-100, DAX-30, Dow Jones, Nasdaq Composite, IBEX-30, CAC 40 Future, S&P 500, Nikkei 225, SMI Future, MIB-30 Future, Nifty Future, ASX 200 Future, Hang Seng Future

Account Types

There are different account types supported by 24Option.com. Each account includes varying features. Given bellow is a brief summary of features offered by each account type;

Basic: This is the smallest account type by 24Option.com. Leverage up to 1:200 accompanied with a competitive spread of as low as 7 pips is offered in a Basic account. Other features include majors spread as low as 3 pips, minors spread as low as 4 pips, monthly withdrawal Fee, 24/7 Customer Service, Trading Central (basic).

Silver:  In addition to all other features offered in basic account some more features are available for traders in silver account including trading alerts and a personal coach.

Gold: This account is the most recommended account for traders by 24Option, it includes all the basic features plus some other premium features such as SMS and Email Alerts.

Platinum: All those features offered in previous accounts plus other specialized features are offered for platinum account holders including live trading Sessions and Research Website.

Diamond: This is the most expensive type of account designed for VIP traders. Besides, require a lot of deposits it offers extensive value-added services to its customers i-e Juventus Tickets, Customize Platform

The company also offers an Islamic account. Features include Interest / commission-free accounts, No surcharges, Variable time frames and No rollovers.

Note: Platforms such as Web client and MT4, One-click trading, Mobile app for iOS and Android are available for all account type users.

Customer Support

A team of well-versed, professional customer support executives is available round the clock in multiple languages. The support is offered via email, live chat and telephone.

Conclusion

Since the market has been flooded with dozens of Binary options brokers, it is very difficult to select the best one, but we are fortunate enough to bring you one of the best binary options brokers available in the industry. We have investigated them thoroughly and came to a conclusion that this broker is worth relying on. It offers great customer support plus it is regulated. We advise customers to come and get registered with them with full confidence. We wish 24option all the best and hope that it may continue working with the same zeal.