24Option Review

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Introduction to 24Option

With the myriad of binary options brokers around today, it’s a tough job to find a broker that can fulfil all your trading needs. Thus, it’s always a wise decision to opt for an established binary options broker like 24Option who has been around for a while. As one of the leading binary options brokers in the industry, 24Option has always ensured that their traders have all the tools and trading strategies that they need to earn up to 89% returns on their investments.

The 24Option’s trading platform is well designed allowing for ease of use and efficient trading. You can trade with the confidence that regardless of whether it is the 60 second options or the High/Low options, you’ll always be trading with your full potential.

So what is the secret behind binary options that makes them so profitable?

One of the main reasons which makes binary options so profitable is the fact that they belong to a class of financial instruments known as “derivatives”. They derive their value from the price of an underlying asset like gold, oil, stocks or indices. When you purchase a binary option, you are not purchasing the asset but rather the prediction that the price of an underlying asset will move in a certain direction. This makes investing in binary options cheap and at the same time allows you to profit from the price movements of the underlying asset. But what makes binary options really interesting is the fact that you know beforehand exactly what you are getting back for your investment.

Once you know your potential returns and with 24Option’s high trading limits of $20,000 per trade, you know you will be able to boost your profits levels with less cycles of trading. In addition, no other binary options broker in the industry is currently offering their traders the astronomically high payout ratio of 89% except 24Option. The diverse array of tradable assets at 24Option ensures that all the major financial markets are within reach at your fingertips.

At 24Option, you know that you will be trading using the latest technology which not only provided for faster and more efficient execution of trades but also more secured transactions. All data between the traders and 24Option are fully encrypted to prevent them from being hijacked in between by hackers. This level of security also extends to trades done on 24Option’s mobile trading platform.

Last but not least, at 24Option, you know that you are trading based on the actual market price and not some arbitrarily imposed price by the trading platform. There are no hidden nasty surprises awaiting you at the end of every trade.

Though you will get many binary options brokers who will try to woo your customs with promises of high bonuses and payouts, only an established binary options broker like 24Option can truly deliver on these promises.

24Option Broker Promises

No hidden Fees or Commissions

Trade at actual market price. Unlike some trading platforms that use an arbitrary market pricing system, 24Option uses a direct price feed from the Morningstar ® Adviser Pricing Data Feed. With this, traders can rest easy that the prices on 24Option reflect the actual market price.

Highest trade Limits in the Industry

At 24Option, the $20,000 limit per trade is one of the highest in the binary options industry. Naturally with a higher limit, you can trade more each time and earn more profits in record time. So trade at 24Option with trading limits that allow you to profit each time you trade.

89% Payout, Highest in the Industry!

With an 89% payout, the returns are the highest that is ever offered by any binary options broker. Together with the highest trade limit, only at 24Option are traders able to truly maximize their profits. So what are you waiting for? Start trading at 24Option to begin earning up to 89% in profits!

True Mobility with 24Option

Regardless of where you are, 24Option’s mobile trading platform allows you to true mobility with your iPhone, Smartphones or mobile devices. Now with24Option’s mobile trading platform, you never have to lose out on any profitable trading opportunities.

Media Rich Educational Center

Register with 24Option and get access to one of the best media rich educational center for binary options! Watch videos about portfolio management and trading strategies and earn up to 89% trading at 24Option.

Deposit amount ($)Trading Bonus
250-49920%
500-99930%
1000-249940%
2500-499950%
5000 +100%
   24option trader bonus

 

American flag

Accepts US Traders

Payouts: Up to 89%

Minimum Deposit: $250

Platform type: Digital/One- touch /60 second trading/ risk management platform

Extra features:

  • 15% money-back on out of the money trades
  • Buy Me Out – Close your trade early to regain some of your trading capital
  • Rollover – Keep trading on the same asset automatically

Regulations Governing 24Option

Based in Cyprus, 24Option is owned by Mika Holdings the same company that owns another leading binary options broker called OptionFair. Thus, the management at 24Option is no stranger to the importance of reliability with respect to their trading platform. They know that traders must have a reliable method to transfer and withdraw funds. As such, you find that at 24Option, you’ll get several methods of depositing and withdrawing your money. Apart from major credit/debit cards and wire transfer, 24Option also support various other mode of online payment processing like CashU and UKash. Backed by a strong team of multi-lingual support staffs, traders can rest assured that they will never run into any major difficulties with dealing with a customer oriented broker like 24Option.

Of course despite being an established and credible broker, some new aspiring traders might feel reluctant to work with a binary option broker who is based out of Cyprus. Their reluctance is normally due to a lack of understanding how the European Union (EU) markets works. Their main concerns are typically regarding the seemingly lack of regulations protecting binary options traders in a lesser developed economy like Cyprus.

Foremost of all, binary options are traded on the Over-the-Counter (OTC) market as they were a relatively recent market innovation. As such, there are actually very few regulations in existence to regulate this market. The very nature of the OTC market also makes it difficult to come up with any legislation that is agreeable to the various countries around the world.

Secondly, despite being one of the minor economies in Europe, the standard of fiduciary duties which companies have to follow is on par if not higher than even the most advanced economies like U.K and Germany. This is of the Markets in Financial Instruments Directive 2004/39/EC (MiFID) issued by the European Parliament. The directive ensures that the regulatory frameworks for the financial markets are harmonized among EU’s members. Apart from being fully compliant with the MiFID, Cyprus is the only EU member that has legislations that puts binary options within the ambit of its financial services regulatory authority, the Cyprus Securities and Exchange Commission (CySEC). In other words, there is no safer binary options broker than those who are properly regulated by CySEC. Thus, new traders can rest easy knowing that their money is safe with 24Option as they are regulated by CySEC.