24option Review – A Top Regulated Broker For Binary Options Trading
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- Awesome Trading Platform using the Tech trading engine
- Demo Account make a test without risking your money
24option is one of the few trusted and reliable binary options brokers in the industry that has a stellar history of providing excellent services for all types of investors in the market. 24option is regulated by the CySEC under the MiFID directive and is also a part of the FCA, BaFin, and other regulatory agencies situated in Europe. 24option has a significance presence throughout the European continent and the rest of the world, which makes it an excellent broker for those who seek a complete peace of mind.
However, the dominance of 24option in the global binary options market does not reflect in the US market, as the company does not accept clients from the US due to the stringent US regulations that prohibit binary options trading with brokers situated outside the US. 24Option also does not entertain clients from Australia due to a similar reason. Nevertheless, traders from the rest of the world, apart from a few select countries, can start trading binary options with a small investment capital as low as $250.
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Reasons Behind 24option’s Continued Market Dominance
24option is the market leader regarding client satisfaction and payouts history. The broker has received consistently positive reviews and great feedback from a majority of their customers, which actually reflects the professionalism and dedication of the company towards providing world-class brokerage services.
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24option has developed their web-based trading platform using the Tech trading engine and is one of the best trading platforms in the market. 24option offers more than 130 assets to trade from covering currencies, indices, stocks and commodities and offers the convenience of choosing binary options according to their expiry time. The company offers a wide variety of trading options that include high/low, above/below, and short term expiry options that allow a trader to diversify his trading portfolio and control his risk.
24option also hosts an excellent customer support channel that is committed to solving all consumer complaints at a moment’s notice. 24option is one of the very few binary options brokers in the industry that has the least amount of genuine customer complaints, which actually reflects on the positive aspect of 24option’s reliability. Several 24option reviews left by authentic users also mention the broker’s intent to support their customers throughout their trading careers by taking care of issues in a professional manner.
24option has a few downfalls, as the company is still improving their services to suit customer’s requirements. For instance, a demo account is not offered to clients unless they make the initial deposit of $250. Several other brokers readily offer a demo account without any questions asked, which puts 24option customers at a disadvantage. That said, 24option continues to be the segment leader in binary options trading due to the range of services on offer.
What Are The 24option Bonus Options?
24option offers excellent bonus options, and they match a 100% bonus on the initial deposit amount. They also come up with seasonal offers that include VIP tickets to football games, free gadgets, and other promotional deals that are aimed at enticing their customers into continuing with the broker. There are a few brokers that offer more regarding initial deposit bonus, but 24option must be credited for their reliability and their genuine intent to provide top-quality binary options brokerage services.
Does A 24option Demo account Truly Reflect The Broker’s Performance?
As mentioned, 24option demo account is only available for clients who make an initial deposit of $250 with the broker. This is against the very concept of demo trading, but it is a small price to pay when considering the positive aspects of the broker. Apart from that, the demo account at 24option has all the features and functionalities as a regular trading account, and can act as a good reference point for traders to get comfortable with the trading platform. The demo account is also an excellent training platform for new or amateur traders to safely trade the binary options market without risking their hard-earned money on the line.
How Seamless is The 24option Withdrawal And Deposit Process?
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24option clients are required to verify their account before they can initiate a deposit or withdrawal. Deposits are quick and easy, and a trader has a lot of options for depositing funds into the trading account such as credit cards, online payment processors, and bank transfer. The 24option withdrawal process is also quick and seamless, and most withdrawals are processed within 24 hours.
The payouts structure for 24option is also one of the highest in the industry with winning trades netting up to an impressive 88% of the investment capital. This should provide plenty of opportunities for traders who wish to make a hefty amount of profits in the binary options market.
Should You Choose 24option Binary Options Broker For Your Trading?
24option is certainly one of the few regulated binary options brokers that consistently provide better services to their clients. 24option is not a scam broker by any means and offers excellent security for their clients funds by holding them in segregated accounts that are kept away from the company’s core financial accounts. Therefore, in the event of an issue, all client funds are returned to the respective traders, which are further fortified by the €20,000 funds guarantee enforced by the MiFID regulation.
Can We Trade On A 24option Mobile Platform?
Yes, traders can trade binary options through a proprietary 24option mobile platform. Traders can download the mobile apps for both the Android and iOS operating systems, and these interfaces are pretty easy to work with. These apps have almost all the tools and functionalities that are essential to open and manage binary trades, and are well-suited for traders who don’t access to a dedicated trading terminal. Binary options mobile trading also has several built-in functionalities that make trading easier and convenient for a secure mobile trading experience.
24option is an excellent choice of binary options broker for those who want to enjoy the best services that a company has to offer in the industry. 24option is well-suited for all types of traders, both amateur as well as professional traders. It is not surprising to note that 24option continues to be the primary choice of broker among traders from around the world.