Since its inception in 2010, 24option has created unique trading conditions for its clients, which is in no way inferior and in some ways even superior to their competitors’ offers. Thanks to the excellent service and many years of successful trading the broker has proved its reliability and received a license from CySec. This was the primary reason as to why we started to take an interest in testing and writing a review of this trading platform.
The history of the development of the company showed that 24option is constantly improving and regularly updates its platform, delivers the latest business opportunities, offers an extensive educational base and a high level of customer service that is available around the clock. Furthermore it is a trading system that is very easy to use.
Our experience with the traders of various levels of training and experience shows that there are a number of things that act a motivational leads for people when choosing a broker. One such incentive instrument is the variety of different account types, and of course the different bonuses that are included in them. We found that 24option offers four types of accounts; Diamond, Platinum, Gold and Standard accounts.
If you aim to obtain the highest profits and bonuses, you need to register the Platinum account. The maximum payout for this type is 89 percent from the profit received. This account’s holders also get the most complete information about the latest trends in the market and may withdraw cash free of charge as often as they want. Although we should note that the standard account is also not far behind on bonuses with the maximum payout coming to 83%.
As you already know, payout percentages offered by 24option reach 89 percent from an option with a profit. This is one of the highest in the industry. In addition, you can expect to receive 15 percent of the compensation from loss-making options. On the site you can see in real time the possible return of a share in the case of failed trades.
In addition to the income from trading, you can participate in competitions run by the site. If you refill your account with $ 1,000, you will automatically become a member of any competition with big money prize funds. At the end of the month, the most profitable investor will receive $ 10,000 to their account while a further 4 prize-winners will receive a cash prize ranging from $ 500 to $ 5000.
24option platform supports all the most popular types of options. Here we find some of the more classic options of increase and decrease, One Touch, and short-termed options with a variety of expiration dates plus options on Boundary. We found that it is very easy to switch between different types of binary options. All this happens very efficiently through the interface of the trading platform. Besides the usual trade opportunities, 24option offers a number of minor modifications – for example, if you wish; you can have premature expirations of an option, if it is more profitable.
Deposit and withdrawals
A wide range of opportunities for deposits and the withdrawal of funds not only demonstrates the seriousness of the broker but also makes life easier for its customers. We always pay special attention to this when conducting reviews. In regards to 24option is a list of some of the ways to fund your account. You can use: credit cards (VISA, MasterCard, Diners Club, CartaSi, Maestro International, Carte Bleue, JCB, Laser, Discover), bank transfer and many electronic payment systems.
In order to withdraw funds from any accounts held by 24option we had to pass the identity verification procedure. If you’ve ever used the services of brokers, you know that this is normal procedure. This step ensures the security of financial transactions data as well as peace of mind.
A very big advantage of 24option is that it practically does not impose commissions for all operations with real money, such as the completion of a deposit and withdrawal of funds. Despite the fact that the minimum deposit is only $200 and that you can withdraw money starting from as little as $10.
In addition to the advantages which we have mentioned before, it is worth further mentioning the excellent quality of customer service. We figured it out trying to get answers to our questions via chat. We used only English and we were satisfied with the speed of response of the operator and the volume of the response. Chat also works with other languages, in fact in more than 10 languages however the limits of our review time prevented an accurate measure of its functionality. This approach gives 24option a great advantage over other brokers and it is a good way to attract customers from different countries.
24option also has 24/7 working e-mail and phone numbers where you can call and discuss your problem. This ensures the high professional level of customer service virtually from any country.
In the end we came to the conclusion that the broker combines the only positive functions and reactions that help clients earn big money. If you look at the information on the recent positive transactions listed on the main page of the site, winning options in the amounts of 200-300 thousand dollars are quite common. With the convenient trading system of the platform, a high rate of non-combustible and responsive service customer care, 24option broker is comfortable with reasonable terms and conditions for trading binary options.