24Option has made a name for itself by being one of the most well known and reputable binary options brokers in the industry. They are owned by Rodeler Ltd and are fully regulated and authorized by the Cyprus Securities and Exchange Commission (CySEC). Maintaining a fully CySEC regulated status can cost 24Option an upwards of $200,000.
You can be sure that they are not going to jeopardize their status by messing around with their traders. You can confidently trade with them knowing that they are fully regulated and are required to meet strict criteria set by 10 different financial bodies across 10 different countries.
Oficial Website: www.24option.com
24Option Review Summary
- Regulated: CySEC
- $250 Minimum Deposit
- $24 Minimum Trade
- $200,000 Maximum Trade
- $10 Minimum Withdrawal
- Up to 89% Returns
- 24/7 Live Chat, Email, Call Support
- 2 Day Withdrawal Processing
- Mobile Friendly Trading
- Trading Platform: Tech Financials
- Currencies: USD, EUR, GBP
- Assets: Currencies, Stocks, Indices, Commodities
- 22+ Deposit Methods
- 17+ Languages
- Established in 2009
- Cons: Not available for US traders as they are regulated
Deposit and Withdrawals
The process of funding and withdrawing from your trading account is made very simple with 24Option. They have a selection of over 20 different payment methods including Visa/Master Cards, Skrill, Wire Transfer, Paysafe, Neteller, OKPAY, Web Money, and Astro Pay. The minimum deposit amount for 24Option is $250. You will be able to start trading immediately after making a deposit and won’t have to worry about long processing hours.
Customer service is extremely important when it comes to brokers and 24Option dwarfs its competitors in this category. They offer support in over 17 different languages with live chat, email, and phone calls. This is a huge asset for international traders who would like to communicate in their native language.
24Option uses the Tech Financial trading platform which is known for being highly efficient and lag free. They come with over 100 assets and currency pairs for traders to trade binary options with. The TechFinancials Group is listed on the London Stock Exchange AIM market. This reassures us that they are very good at what they do. You will be very impressed with the mobile trading platform that is provided by 24Option as it has an excellent interface for trading Binary Options on your phone. It even allows you to make a deposit into your trading account directly using the mobile app. We have not seen this feature anywhere else yet.
A very reputable binary options trading blog says;
ObjectiveBinaryOptions: “24option is a favorite among many traders. It’s also one of the well-established and long-standing brokers in the binary options industry”
24Option is an easy to use and very reliable Binary Options broker. They offer support around the clock and make funding and withdrawing from your trading account hassle free. They are one of the best binary options brokers around and we very highly recommend them.