At the beginning I have to say that I am pleasantly surprised by everything 24Option has to offer to a mediocre trader like me. I know that the beginning of the article is not supposed to contain conclusion of a review which is about to be written, but there you are. You have probably already knew that this review is going to be a positive one, because if you tried 24Option or have read one of the reviews about it you know that there is nothing bad to be written about 24Option. So this is another 24Option review ( short one in fact ) that tells you how good 24Option actually is.
24option is one of the first binary options broker ever, established back in 2010. They got their regulation papers in 2014, which forced them to stop accepting American traders. But that didn’t cause the drop of traders, but it drew in traders who didn’t want to trade on unregulated brokers.
24Option support service is in the top tier of support services compared to all the other brokers and their support. They can be reached in any time of the day and you can choose from 10 different languages to speak with them.
Platform of 24Option is customer friendly, and aims to provide easy navigation through all the options they offer. They have a lot of tools for easier trading, and new tools are added constantly. One of the tools if you want to call it like that is a free demo account. You won’t receive one from the beginning, but whenever you request it they will provide you with one which contains 50 000 dollars of virtual cash. I noticed that they will agree to add more virtual money if you ran empty, you just have to ask them to do it.
I have seen no problems with deposit or withdrawal processes. Deposit is done instantly and bonus will be offered for every deposit. Whether you choose to accept it or not is up to you, because they will remind you every time that bonus has requirements that go with it. Withdrawal is done in 2 working days. Sometimes there may be issues and it will take longer, but 7 days is maximum length of withdrawal process.
Traders will also benefit from free signals. How many of these free signals you receive depends on what account you have. For further information consult people from 24Option, or check their FAQ section.
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24Option is regulated by CySEC, but they also have EU license, their number if you are interested is 207/13. The safety of your money is you primary concern ( or it should be ), and 24Option is connected and follow the rules set by MiFID, which means broker can’t scam you without severe consequences.
So, if you want to trade binary options, 24Option is a broker you should use.