24Option Review

TopOption Review

Deposit: $100
Payout: 85%
Max Bonus: $2,500

24Option is ranked among the best binary option broker in 2013 and has been given a positive review on several online broker websites. Offering among the highest payout rates and probably the best customer service department for any online binary option broker, 24Option is definitely a great choice for those traders who want to earn big money in the least possible times.

Here is a quick look at the main features which 24Option has to offer and which set it apart from other binary options brokers.

Key Highlights

• One of the best online binary options brokers
• Easy to use trading platform
• Accepts customers from all nationalities
• Highest payouts are rated at 85%
• Available in multiple languages
• Offers an iPad bonus deal

The Trading Platform

If you review the trading platform offered by 24Option, you will easily be able to decipher the luxuries that has been added to it. The shiny black background and the gold buttons feature a taste of exclusiveness not only in appearance, but also in binary options trading options. Most brokers use ‘call’ or ‘put’ buttons, but 24Optinn has replaced these with simple plus and minus buttons which makes it easier to trade. Moreover, there are multiple views of the trading platforms to choose from, so do review them and go for the one that you find simplest to use.
The platform does not have that creative buttons for other options, but everything is clearly explained on the right side of the screen. Textual descriptions also appear above each button which makes it easier for you to figure out their functions. In a nutshell, the interface is very efficient and convenient to use.

Main Features

When the 24Option broker was under review, several features gave it a competitive edge over other binary options brokers in the market. One of these is their demo account, which is offered only to those traders who deposit an amount of $250. The account is not free, but when you review other brokers in this aspect, it is actually goof because many do not even offer a demo account.

Another great feature that stood out in the review was the BuyBack option that permits traders to cancel their trade even when only five minutes are left for it to expire. This prevents you from losing money if you sense unfavorable conditions arising in the forex market.

24Option also has a detailed and well managed resource centre that provides you with all information you need about binary options and forex trading strategies. There is also a complete glossary of terms that are often used in the trading world.

Bonuses

24Option has a wide range of bonuses which you can enjoy. The first deposit bonus is 80%. However, before you can avail any of these, you will have to trade several times.

Deposits and Withdrawals

24Optiosn has several methods that allow you to add money into your account. The most popular of these are Discover, Visa, MasterCard, MoneyBookers and wore transfer.

Pros

• The trading platform is simple to understand and easy to use
• The return rates are fairly high
• A very eager customer service department is available to help you through the trading process

Cons

• The charges associated with withdrawals are quite high if several withdrawals have to be made within the same month
• Compared to other best brokers, the asset range is not large
• Bonuses can only be redeemed when you trade a specific number of times.

The Bottom Line

24Option is a proficient broker in the forex world, which makes it widely preferred by several readers. Just go through a quick review, and you will realize that the company does everything to fulfill your needs and provides you with ample chances to win big money through an extremely simple platform. So whether you are an amateur trader or a pro with several years behind your back, 24Option is definitely going to leave you impressed.

24Option at a Glance

Minimum Deposit Amount

$250

Minimum Transaction Amount

$24

Maximum Transaction Limits

$1000

Markets

Forex, indices, stocks, commodities

Assets

85

Maximum In – the – Money Rate

85%

Maximum Out – of – the – Money Rate

15%

Frequency

15 minutes

One Touch Binary Option

Yes

Sell Options

No

60 Seconds Trade

Yes

Deposit Currency

US dollars, Japanese yen, euro or British pound

Deposit Bonuses

Up to 80%