24Option Review – 24 reasons to trade with one of the market leaders

Over the past few years, the popularity of binary options trading has resulted in a number of online trading platforms becoming available, allowing both new and experienced traders to participate in this fast paced market. One such platform is 24Option.

24Option was established in 2010, and is headquartered in the U.K. This platform is 100 percent web based, and it allows traders – both new and experienced – to participate in the binary options trading market.

Traders can earn a return of between 70 and 85 percent on trades that expire in-the-money. For trades that are not successful, traders may still receive a refund of 15 percent of the initial amount that they invested.

The 24Option binary options trading platform offers one type of trading account that is used with all traders, regardless of their experience in this market. While 24Option is currently considered to be smaller than some of its competitors, it is also known for being more on the professional side in terms of its offerings and customer service.

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24Option Platform

The 24Option trading platform is web based, using a simple and easy-to-use design for traders. Users can access all of the necessary information directly from the platform’s site, so there is no need to download any additional software. In addition, traders don’t need to search all over the web for links or other information that they will need in order to make their trades.

In making the site user-friendly, traders can actually complete binary option trading transactions in just three basic steps. These include:

  • Selection of the underlying asset
  • Deciding upon the direction of the price movements of the underlying asset
  • Deciding on the amount of money to invest in the trade

Options at 24Option

24Option offers a wide range of assets in which users can trade. These include three types of commodities, ten stocks, twelve currencies, and ten indices. These are:

Currencies

Stocks

Indices

Commodities

AUD/USD

Apple

CAC 40 Future

Gold

EUR/USD

Barclays PLC

DAX-30

Silver

EUR/JPY

British Petroleum

Dow Jones

Oil

EUR/GBP

Facebook

FTSE-100

EUR/TRY

France-Telecom

IBEX-35

GBP/USD

Google

MIB-40 Future

GBP/EUR

Lloyds

NASDAQ

GBP/JPY

Societe Generale

Nikkei 225

USD/CHF

Telefonica SA

S&P 500

USD/TRY

Vodafone

SMI Future

USD/CAD

USD/JPY

Banking

24Option also makes it easy for traders to fund their accounts in order to prepare for their trading experiences. Account funding options include:

  • Credit Cards – 24Option allows the use of VISA and MasterCard, as well as Maestro International, CartaSi, Laser, JCB, Carte Bleue, Discover, and Diners Club
  • Wire Transfer – Those who wish to use wire transfer must first link their banking account with 24Option
  • Electronic Payment Systems – 24Option also allows a number of different electronic payment systems for funding traders’ accounts. These include Moneybookers, Money Gram, and Liberty Reserve

In order to withdraw funds from their 24Option account, traders will need to go through an identity verification process. This helps to ensure the safety of these financial transactions, however, once this process has been completed, traders will typically receive their withdrawn funds within two or three days.

There are a variety of options that are available for traders’ withdrawals, including credit cards, Moneybookers, Cash U, Western Union, Liberty Reserve, MoneyGram, and wire transfer (both domestic and international).


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Customer Support

The 24Option binary options trading platform also offers customer service representatives for traders to contact when they have a question or need any type of assistance. These representatives may be contacted in a number of ways, including phone, fax, email, and/or online live chat.

In order to accommodate traders worldwide, 24Option’s customer support is versed in several major languages such as English, Spanish, French, Italian, Japanese, Romanian, and Turkish. Customer service is available to traders 24/7.

24Option Overview

Although 24Option was established in 2010, this binary option trading platform has attracted thousands of new and experienced traders. With over seven languages supported, traders from around the globe can feel comfortable in knowing that their questions will be answered and trades can be easily and quickly placed.

This platform requires a minimum deposit of $200, and it offers varying payouts that can range from 70 to over 85 percent. Although the payouts may differ, traders will immediately be able to see on the site what their possible return will be if they expire their option in-the-money.

Prior to diving into the market with real funds, traders who are new to using 24Option are able to use a demo account for the purpose of getting up to speed on the trading tools that are offered by the platform. For newer traders in this market overall, a demo account can also help in giving individuals a real feel for how the binary options market moves prior to putting any their own investment funds into such trades.

One of the few drawbacks to the 24Option platform is that there are no charts that are instantly viewable when traders login to their accounts. Instead, traders must click on the particular asset type in order for the particular chart to open.

Otherwise, 24Option can certainly keep pace with any and all of the other platform choices that are available for trading binary options online. Traders can choose from a number of different assets to trade, including commodities, currencies, indices, and stocks.

Summary

With its simple and easy-to-use trading platform, high return opportunities, and its comprehensive support system, 24Option offers binary options traders a great deal of reliability and opportunity for profit in this fast paced market.

Visit 24Option Website >>Open a free Live Account >>