24option broker is a household name in binary options trader. This broker also offers CFD and Forex trading. Is 24option a scam broker? Potential investors may want to know. This broker is owned by Rodeler ltd, and they have registered office at Limassol, Cyprus.
Website: Visit 24Option login`
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24OPTION MARKETS TRADING PLATFORM:
24option login uses the Scipio platform . Traders don’t need to download any software as trading is web based and can easily be accessed through a PC or a smartphone however they have their applications for mobile devices if you wish to use an app. Their platform offers a variety of assets. Demo account is available on sign up.
The minimum deposit with this broker is $250 and the minimum trade is $24. This broker offers the following binary options trade types:
⦁ One Touch: This is a situation where the traders purchase or sell an asset when the markets are closed and bet on whether the asset’s price would reach a predetermined price at any time during the trading period.
⦁ High/Low: Like all reputable binary options trading providers,they offer this traditional trade type where a trader purchases a call option to take advantage of increase in the current strike price or purchases a put option if he feels the future price would be less than current strike price.
⦁ Short terms: This is a short term trading option with an expiry time of 60sec, 2min, 5min.
This broker offers educational resources through webinars, ebooks, trade reviews, articles and more. With this you could get a better understanding of the trading markets and also how to trade. This feature is only accessible to registered account, you don’t need to deposit to access them.
24options is among the first binary options broker to be regulated.They are licensed by CySEC. One great thing about these regulations is that it makes it safe to trade with this broker because if you have any problem you can report to the regulatory bodies and the broker would be sanctioned.
24OPTIONS DEPOSIT AND WITHDRAWAL METHODS:
The following methods are accepted: Bank wire transfer, Mastercard, Visa, SOFORT, paysafecard, Skrill, Neteller, CashU, AstroPay, giropay, Qiwi wallet among others.
Their customer support is nice and they have a good customer care service where traders could reach out to them through 24/7 live chat, emails and local toll-free numbers. You could reach them through
Verdict: 24option is not a scam broker, they are reputable and have been in the scene for a long time. 24options complaints mainly comes as a result of bonuses offered. Traders should try to familiarize themselves with the terms and conditions of a bonus before accepting them.
There are also list of brokers compatible with Option robot. You can read our OptionRobot review for further assistance. Subscribe to get first hand trusted reviews and binary scam alerts. For further assistance and questions send us an email at email@example.com