In my years of experience as a Forex trader, and they are a lot, I’ve come across everything. Obvious scams, not so obvious scams, I have used extremely profitable robots and brokers as well. But one broker will be my basis for comparison, always. A broker whose creators have gone above and beyond to provide the best trading experience for investors. I am talking about 24Option – one of the most popular and reputable brokers in the online trading and income-generating industries. The following review covers major points of interest to investors and my own experience with the broker.
Broker Name: 24Option
Official Website: 24Option
Minimum Deposit: $250*
*Used entirely for trading, this is not a payment.
24Option – Regulation and Security
One of the main reasons for 24Option’s popularity among traders is the fact that the broker is licensed and regulated by CySEC. It follows strict rules for trading and financial security and is compliant with the regulations of some of the biggest financial institutions in Europe. 24Options is managed by a company called Rodeler Ltd – a Cyprus investment firm authorized and regulated by CySEC. It is also one of the most proactive brokers, if not the most, when it comes to providing the best trading experience for clients.
Review Verdict: 24Option Is Not Scam
24Option – The Perfect Training
Forex trading is chosen as a source for additional income by many because of its accessibility and the fact that you do no need any financial knowledge or trading experience to join the industry. But brokers know that the difference between a win and a loss is not just intuition. Traders need at least some skills in order to be profitable and not just aimlessly click their money away.
24Option is a broker which knows that perfectly. That is why they have built a comprehensive and rich educational center. Some of the materials are available to the user even before he or she opens an account with 24Option. This goes to show that this broker wants its clients to be successful. 24Option wants to provide the best possible tools for traders and wants to equip them with the skill needed for success in trading Forex. 24Option is a real partner to investors, that does not just look to take their deposits.
24Option – Account Types and Special Features
24Option offers its traders 5 account types – Basic, Silver, Gold, Platinum, and Diamond. The minimum deposit required for opening a Basic Account is $250. Every account type offers different bonuses and special features. You can get access to a wide variety of advantageous tools, including trading alerts and a personal trading coach, by upgrading your account type. Of course, you can still make the best out of the 24Option platform with the basic account and upgrading is entirely optional. Everything depends on your needs as a trader.
As you can see, the most popular account type among the clients of 24Option is the Gold Account. But you are free to choose whichever type would suit your needs best.
By utilizing the power of 24Optoin, traders can reach payouts of up to 90%. At their disposal, there are various withdrawal and deposit methods. When it comes to withdrawals, they should be preceded by a simple request, processed in a swift manner.
24Option Trading Platform
The trading platform of the broker combines high-end technology with intuition creating an amazing medium for trading. The environment is secure, ensuring a smooth and safe trading experience. Advanced methods are used to protect all of your banking transactions. You can access tutorials and support directly from the platform. This makes 24Option one of the most reliable brokers in the Forex industry.
Not only that, but the platform is also available for mobile devices. You can download the 24Option application and trade on the go and wherever you are. It is just as effective as the desktop version of the broker. It is available for download both for iOS and Android clients. This way, traders who use the 24Option trading platform will never miss a profitable opportunity.
24Option is one of the best brokers in the industry. It is highly profitable and also has the ability to provide you with trading alerts. Its customer support is flawless – they have an answer for all your questions and troubles. Although, it is highly unlike for problems to arise. The level of security for your funds, provided by 24Option, is also worthy of admiration and respect. This is a broker worth joining. If you have any questions, do not hesitate to contact me.
Review Verdict: 24Option Is Not Scam
Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.