24Option is one of the biggest and most established binary option brokers. They are licensed and regulated by both CySEC of the EU and IFSC of Belize.
Broker Quick Facts
|Broker Type:||Binary Options & Forex|
|Licensed by:||CySEC (EU) & IFSC|
In order to review the 24Option Binary Options Broker, we first established that this is indeed a licensed broker, regulated by the CySEC of Cyprus, which is a member of the European Union. Additionally, they hold a license form the IFSC of the Belize government.
Then we reviewed their website and this is what we found: They have a comprehensive educational department, which provides you with all the information about binary options trading. This covers everything from the basic explanation of terms up to and including advanced trading strategies. You can learn via video tutorials, e-books, and the many frequent webinars they have.
Additionally, we see that they are sponsors of the Juventus football team, Connor McGregor the UFC lightweight champion, and Boris Becker the tennis champion. Now, although you may not be a sports fan, this demonstrates that they are a real company who can afford to be sponsors of professional athletes.
Start trading now at: http://24option.com.
24Option Trading Software
24Option uses the newest version of the Scipio trading software. This platform offers High/Low, Short term, OneTouch and Boundary options. The short term option has expiry times of 1 minute, 2 minutes, and 5 minutes. And the High/Low option gives expiry times of up to a month in advance. They also has CFD and forex trading available on this platform.
At 24Option they have a large variety of assets to choose from. Included are Currencies, like the EUR, GBP and many more. Commodities, including corn and platinum. Stocks and Indexes with so many choices, see here.
- 24Option has monthly competitions for traders, with the winner receiving a $24,000 prize.
- Their trading software is available as a mobile app for Android and iOS.
- The minimum deposit required for a new account is $250 and trades can be placed starting at $24.
- They accept a huge variety of payment and withdrawal methods.
- Their website is available in 12 different languages.
Automatic Trading Robots
Automatic trading software has become popular lately, however, lots of these programs are unreliable or just plain scams. To find out more, read this.
However, if you are interested in an automated trading product that actually lets you keep control of your money, and the only one that can be used with 24 Option, look at this software, www.OptionRobot.com .
Did you know that there are over 260 active brokers operating today? Therefore, we thought that you might want to look at some of these other popular brokers whom you might want to consider.
BDSwiss (full review) is a popular European licensed broker that offers both binary options and Forex trading. They operate on the SpotOption platform for binary options and the MetaTrader4 platform for Forex and CFD, see here.
How do you verify that a Binary Options or Forex broker is legit? See if their governments financial regulator gave them an operating license.
24Option is a company from Cyprus and as such they are regulated by CySEC with license number: 207/13 . Since Cyprus is a Member of the European Union, this license is valid throughout the EU. They also have a license from the IFSC of Belize, license number: IFSC/60/440/TS/15-16.
24Option is owned and operated by Rodeler Limited. Their address is: 39 Kolonakiou Street, Ayios Athanasios, Limassol, Cyprus. The phone numbers is: (Cyprus) +357 25 262 063, (United Kingdom) +44 16 1960 0200.