24option.com was established back in 2009 as a platform where traders from around the world could invest in financial markets in a user friendly ecosystem. The company is operated by Richfield Capital Ltd, which operates under a license by the International Financial Services Commission of Belize. On the other hand, 24option.com is authorized and regulated by the Cyprus Securities Exchange Commission (CySEC). Traders are granted access to several markets through the 24option’s innovative, web-based platform through the simplest tools needed to trade options. The platform features a user-oriented interface, with an easily understandable trading process, and access to live chats.
Since its launch, 24option has redesigned its platform, increased the number of tradable assets and remained up to date with industry demands. Additionally, 24Option.com is well known as one of the best Binary options broker in the business. The broker is the official partner of Juventus Football Club, a well respected Italian football club. Traders can begin trading on the platform with as little as €/£/$ 250 capital, with the maximum amount varying through different accounts.
Accounts
24option.com provides two unique accounts for their clients. These include;
- Real account: To open a real trading account, the trader is required to deposit €/£/$ 250 into their account. There are three types of accounts namely Platinum, Gold and Silver.
- Demo Account: Traders can open demo account to trade risk free on 24option’s markets.
Trading Platform/Software
24option.com offers traders a number of trading platforms including:
- 24option’s web-based platform.
- 24option‘s mobile application.
- MetaTrader 4
Traders can trade both Forex and CFD’s on 24option’s web-based and mobile application platforms. Additionally, traders can use the MetaTrader 4 (MT4) platform to trade. All platforms are designed to allow the user to carry out trades effectively.
Deposit
Deposit options include:
- Credit Cards: including MasterCard, Visa and Discover.
- Electronic payment systems: Skrill.
- Wire Transfer.
Each of the above methods is guaranteed safe and secure.
Markets
As a leading online broker, 24option.com allows traders to trade in a wide range of markets. These include:
- Forex: common pairs include EUR/USD, GBP/USD, and USD/RUB among others.
- Stokes: including stokes in Apple, Facebook, and IBM among others.
- Commodities: such as Gold and Silver.
- Cryptocurrencies: like Bitcoin, Ethereum, Ripple, Litecoin and Dash.
24option was one of the first online brokerage firms to offer trading of CFDs on cryptocurrencies. Traders can buy cryptocurrencies in USD on the platform, as well as in both Pound and Euro, unlike other exchanges on the market today. The platform also offers a crash course on cryptocurrencies to help new traders master the technology behind cryptocurrencies. To help catch up to the growing demand, the broker also improved operations to accommodate the digital currency market’s ever-changing value by issuing a reasonable spread and fast execution time.
Customer support
Customer support representatives are available 24/7 to assist traders. They can be reached via email at info.int@24option.com. Alternatively, they can be contacted via a live chat function embedded on 24option.com “contact us” page. The response time is almost immediate and the representatives handle clients with utmost respect and professionalism.
Safety
24option is regulated by the Cyprus Securities Exchange Commission. As per regulations, all client deposits are held in a segregated account, away from operating capital and protected by the investor compensation program. All personal information provided during registration is encrypted for both privacy and security reasons. The same can be said for all trading sessions by each trader. This is done using the latest 128bit SSL encryption technology, with thawte and clickSSL which is above all safety standards.
Conclusion
One of the best online brokers, 24option.com –licensed and regulated by CySEC – is fully committed to ensuring their clients are provided with industry-leading features and function that allow them to achieve profitability easily. 24option is a market pioneer in Binary options for years now and they continue to offer the practice to date. The platform is known for its innovation and easy to use trading tools which make trading worth-while for traders.
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