Located in Cyprus, which seems to be the binary options capital of the world, 24Option, owned by 247 Payment Solutions, has been at the spearhead of binary trading scene since the beginning. With a website that is focused on simplicity with black background and white/gold overtones, 24Option, performs as one of the best sites for traders to make fast decisions. 24Option focuses on simplicity with less assets to choose from than most brokers and allows traders to trade quickly.
24Option is known for two things, top notch performance and trading reliability and high level customer service. 24Option gives trading clients the potential to profit from trading binary options four different ways.
High – Low Trading is the most popular way to trade at 24Option and accounts for more than 60% of all trading. This type of trading is where the trader picks either the high or low to place their trade with. If the asset finishes above or below the high or low as agreed upon at trade time, then the trader will have profited. More option trading selections include Touch Binary Options. Touch binary options are where the asset only has to touch a price level to qualify as profitable. No Touch Options are the type that the asset can’t touch a price level with the expiration period. Boundary Trading is another option choice and of course the ever famous 60 second trading. Most traders love the fast action of 60 second trading.
This broker has a presence in many countries so their clientele is of the international variety and their customer support team is multilingual to match.
One thing we really like about 24Option’s trading platform is that they allow for early sell on your trades. Why is this good? Because if your option is in the money, you have the ability to take the trade off with a profit. Sometimes waiting until expiration will cause your option to fall in the negative and cause a loss.
With its easy to use trading platform, 24Option as we said previously, allows very fast access to trading. Pick the asset from the list of assets on the trading schedule, place your trade, then approve your trade and you are locked in. The software of 24Option.com is from Tech Financials.
24Option received a 5/5.
- Highest Payouts at 85%
- Minimum deposit: $250
- High Max Trade: $50k
- Available in 10 languages
- Bonus: Get an iPad2
- No longer accepts US customers
More of what we like of 24Option, is the account review window. We like their charts and makes for easy monitoring of your trades that are in play. You can find more than 24 different tradeable assets available in different expirations ranging from 60 seconds to weeklies.
With round the clock near 24/7 support in more than 6 languages, it makes 24Option very easy to reach. They have support via phone and Live Chat. as responsiveness and courtesy.
Banking Options At 24Option
24Options Deposit Options
- Diners Club International
- Liberty Reserve
- Western Union
- Wire Transfer
Available Withdrawal Choices
- Western Union
- Liberty Reserve
24Option makes its money when you withdraw and charges a fee for doing so. On credit card withdrawals its $30 while wire transfers and ACH carry their own rate.
Trading Asset List
Compared to TradeRush, 24Option list of trading assets is low. However, most traders trade 1-2 types of assets at the most, so 24Option covers all the big and most popular trading vehicles so they cover 80% of the most traded binary options out there such as the metals, oil, and top Forex pairs, as well as stocks such as Apple and Google.