24Option Review – is 24Option Scam or Legit Broker?

24Option

4

Rating

4.0/5

Pros

  • Demo trading account
  • Basic, silver, gold, platinum, diamond accounts with increasing profits
  • CySEC regulation

Cons

  • No USA traders
  • No promotions posted on site
  • Limited to MT4

24Option.com is owned and run by Rodeler Ltd and also Richfield Capital. The business is governed to supply Forex trading solutions to customers in regulated authorities, together with CySEC (Cyprus Securities and Exchange Commission) license #207/13. Whilst the premier provider of Forex trading services all through Europe, Scandinavia and Russia, 24Option.com delivers the broad selection of Forex pairs (major, minor and exotic) for traders.
24Option.com limits its services for FX traders in regulated authorities, and will not offer services to traders from Belgium, Australia, British Columbia Canada, and the US. Among the others, 24Option.com provides award-winning services available to traders, also it has been featured prominently on Investing.com, Forex Magnets, UK Forex, also is a receiver of their EGR Awards, IGB Awards, also has been showcased in the CIOT Expo. 24Option.com can also be the state host of Juventus Football Club.

Overview/ desktop

24Option.com was designed with the intent of attracting the store into traders. This innovative Forex broker works on the very edge, thanks to multiple educational tools like video-on-demand conferences, daily analysis, economic indexes, webinars and also a complete complement of financial articles. 24Option.com is targeted towards creating an investor-friendly stadium where beginners and pros could mingle, trade openly. The current presence of dedicated account managers are really a welcome addition into the trading platform, so which makes it much easier for customers to set personal relations with their broker and comprehend all of the profits offered for them.

This online Forex broker puts focus on ethics of surgeries, professionalism and service excellence. Traders will get a vast selection of financial shares open for them, numbering 100 shares, commodities, indices and money pairs. While giving a pro platform is more overriding, 24Option also tries for trader control within trading activity. Traders can get the stage 24/7 on a totally downloadable format for both PC, desktop computer and Mac, in addition to programs for your Google Play Store and also the App Store.

Account Types

24Option.com provides substantial variety in regards to consideration types. These start out with a simple consideration type, a silver accounts, a golden accounts, a platinum accounts, and a bead accounts. All these Are Just Some of the profits traders may appreciate as they progress throughout those accounts kinds towards diamond standing:

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For Europe Clients:

  • Basic Accounts – devoted account supervisors, webinars and conferences, fiscal store intro, demo trading accounts together with 10,000 practice trading currency, and also a daily store select, Inch fundamental lesson, Trading Central Mirrorsite Access for a Week, Margin Call at 100 percent, Leverage Upto 1:400 (Pro)- Up to 1:30 (Retail) and1 Free of Charge WD (Inch usage just ).Spreads: Floating:EUR/USD: out of 2.7 pips
  • Gold Accounts require a deposit of 5,000 – all of the profits of account is obtained, 2 Basic lessons and one usage of sites, Trading Central Mirrorsite Access for a couple of weeks and 1 Free of Charge WD each month and trading Central SMS trading alarms (2p/day). Spreads : Floating: EUR/USD: from 1.8 pips
  • Platinum Accounts need a deposit of 10,000 – all of the profits of gold and basic balances is obtained for example 3 Advanced classes, two accessibility to webinars, Trading Central Mirrorsite Access for 12 Months, Trading Central SMS trading alarms: 4p/day and 3 Free of Charge WD each month.Spreads: Floating:EUR/USD: out of 1.4 pips
  • VIP Accounts need a deposit of 50,000 – all of the profits of fundamental, silver and gold balances is obtained for example 5 Advanced classes, 5 accessibility to webinars, Trading Central Mirrorsite Unlimited Access, Trading Central SMS trading alarms: 7p/day No WD Fees.Spreads: Floating: EUR/USD: by 0.9 pips

For International Clients:

  • Basic Accounts – dedicated account managers, webinars and conferences, fiscal store intro, demo trading accounts together with 10,000 practice trading currency, and also a regular store selection, 1 basic lesson, Trading Central Mirror site Access for 7 days, Margin Call at 100 percent, Leverage up to 1:400 and1 Free of Charge WD (1 application just ). Spreads : Floating:EUR/USD: from 2.7 pips
  • Gold Accounts require a deposit of 5,000 – all of the profits of account is obtained, two Basic lessons and one usage of webinars, Trading Central Mirror site Access for a couple of weeks and 1 Free of Charge WD each month and trading Central SMS trading alarms (2p/day). Spreads : Floating:EUR/USD: from 1.8 pips
  • Platinum Accounts need a deposit of 10,000 – all of the profits of gold and basic balances is obtained for example 3 Advanced classes, two accessibility to webinars, Trading Central Mirror site Access for 12 Months, Trading Central SMS trading alarms: 4p/day No WD Fees.Spreads: Floating: EUR/USD: out of 1.4 pips
  • VIP Accounts need a deposit of 50,000 – all of the profits of fundamental, silver and gold balances are obtained for example 5 Advanced classes, 5 accessibility to webinars, Trading Central Mirrorsite Unlimited Access, Trading Central SMS trading alarms: 7p/day No WD Fees.Spreads: Floating:EUR/USD: by 0.9 pips
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Note that customers have the use of a demo trading account with each one of those options.

Trading Platform/ applications

The trading platform for both Forex/CFD trading is currently MetaTrader 4. The MT4 platform could be your entire world ‘s favored Forex trading platform plus it permits full charting/analytical purposes for traders throughout the spectrum. If you’re a newcomer or a veteran professional Forex trader, MT4 offers all you want to obtain going. It could be downloaded immediately in 24Option.com, also it’s totally appropriate for Windows, Google Chrome, Mozilla Firefox, Internet Explorer, Safari, iOS along with Android apparatus. The application is ideally suitable for money trading, also it has gained international acclaim while preferred trading platform.

Deposit options

Multiple banking options are all supplied onsite, in the 24Option.com cashier. Once you enroll, you may come across a generous set choice of banking options that are available for your requirements. Included in these are: Visa, Visa Electron, MasterCard, Discover, Skrill, Moneybookers, Sofort, Astropay, Qiwi, CashU, Neosurf, Delta, Neteller, WebMoney, wire transfer, Diners Club International, Moneta, giropay, iDEAL, postepay others. Every one of those options is ensured safe and sound to Forex traders. Customers are going to require to validate the processing times with each deposit and withdrawal option.

Markets

24Option.com is mainly a Forex trading platform. The hottest currency pairs comprise the subsequent:

  • GBP/USD, EUR/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, NZD/USD, EUR/GBP, EUR/CHF, EUR/JPY, AUD/CHF, AUD/CAD, AUD/JPY, AUD/NZD, CHF/JPY, CAD/CHF, CAD/JPY.

There are 100 monetary tools readily available to traders, for example shares, stocks, and indices. Popular options include Cisco, CITI, Disney, eBay, Facebook, Ferrari, GE, GM, Goldman Sachs, Google, IBM, McDonald’s, Morgan Stanley, Microsoft, Netflix, Nokia, Pfizer, Tesla, UBS, Verizon, Visa, Daimler, Volkswagen, Barclays, Fiat, BNP Paribas, Airbus, L’Oreal, Renault, Schneider, PhD, Heineken, sugar, cotton, cocoa, corn, wheat, coffee, CAC40, soybean, crude oil, etc.. This wide range of financial shares ensures that traders across the spectrum will find what they are looking for. These financial instruments are traded in a CFD format with tight spreads and put/call options.

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Bonuses

At the time of writing, 24Option.com does not offer any kind of bonuses for their clients.

Customer Support

Customer support is highly responsive at 24Option.com. You simply contact the customer support via live chat 24/5. Live chat is powered by Zendesk. Representatives are professional and courteous at all times. There are other contact options including email. You can reach out to customer support representatives via social media channels – G+, LinkedIn, Twitter and Facebook. The blog is also a useful medium for clients to communicate their thoughts or concerns with company management.

Safety

24Option.com is licensed and regulated by the Cyprus Securities and Exchange Commission. These regulatory agencies provide full recourse to traders in the event of non-payment or disputes. It also offers a demo trading account and does not allow US traders and traders from non-regulated countries to access it services.

Ease of Use

It is easy to navigate your way around this trading platform and access a wide range of services on site. FX trading options include purchase or sell orders. Financial shares are divided up into multiple categories including FX, commodities, indices and shares.

Final Thoughts

A comprehensive all-round trading experience for registered clients. The education center is detailed and geared towards novice traders and experts. The demo trading account is a useful tool while you are learning the ins and outs of FX trading. You can choose from multiple account types including the basic account, silver account, gold account, platinum account and the diamond account. The MT4 trading platform is the best in the world, and it’s available for full download, on Mac, PC, Android or iOS devices.

Internet Site:
www.24option.com
Telephone:
357 25 262789
Legislation:
CySEC
Pairs provided:
100 shares such as, EUR/USD, GBP/USD, Bitcoin
Minimum Deposit:
$250
Spreads From:
1.5 PIPs
Max Leverage:
400:1
*for specialist traders
Markets:
Forex, Indices, CryptoCurrencies, Commodities, CFDs