24Option Review

Why trade with 24Option:

  • Quick Response to Customers24Option
  • Top security measures used to keep funds safe
  • Easy Deposit and Withdraw Methods

 

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Founded in 2009 and headquartered in Cyprus, one of the world’s main online trading hubs, 24option is an award-winning broker that is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). We take a look at what they have to offer traders so keep reading to see if this broker is for you.

24Option Facts

LeverageUp to 1:400 (restrictions apply)
Spreads:Competitive floating or fixed spreads are based on account type and underlying asset.
Fees:Low commissions. No hidden fees
Assets:270+ Tradable Assets Across 5 Asset Classes 24option offers
CFDs on major, minor and exotic currency pairs; metals; commodities; stocks; indices; and cryptocurrencies.
Mobile App:Yes. 24option has developed an advanced trading app for both iOS and Android devices, so its clients can:
● Trade CFDs on FX, Commodities, Indices and Cryptocurrencies on-the-go
● Upload their documents
● Fund their trading accounts with ease
● Transfer funds between accounts
● View funding transaction status
● Subscribe to the 24option newsletter
● Receive breaking news as it happens
● Be notified of upcoming, market-moving events
● Contact support via Live Chat
Trading Alerts:Yes
Trading Tools:● Trading Central Signals, Mirror Site, Analysis and Newsletter, Videos
● Technical Charting
● Economic Calendar
● Trading Webinars
● Technical Indicators
● Multi Platform Trading (MT4, WebTrader, Mobile App)
● 24option Learning Centre
● 100k 8-Day Demo Account
Minimum Lot Size:.01
Maximum Investment:Based on account type
Account Currencies:CHF, EUR, GBP, RUB, TRY, ZAR
Account Types:Diamond, Platinum, Gold, Silver and Basic
Withdrawal Conditions:Up to 24 Hours,
Free Withdrawals Apply*

*Depending on account type

With years of experience in the world of CFD trading, 24option is a heavyweight broker when it comes to providing a wide variety of popular CFDs on Forex, Commodities, Indices, Stocks and Cryptocurrencies. Traders can choose from more than 270 tradable assets including a selection of 45+ currency pairs; 15+ commodities; 145+ stocks; 19 indices; and, 45+ crypto pairs.

24Option Review Website

A Closer Look at 24Option

Regulation

24option is regulated and licensed by CySEC under license number 2017/13. The company offers cross-border services to EU member states and adheres to the Markets in Financial Instruments Directive, MiFID II, as well as being a member of the Investor Compensation Fund (ICF), which insures eligible claims up to the amount of 20,000 euros.

Trading Platforms

Clients can access the world’s financial markets via a choice of three (3) advanced platforms:

  • MetaTrader 4 (MT4) for desktop;
  • An easy-access WebTrader platform;

Accounts

When it comes to trading account types, 24option has accounts to suit a multitude of trading goals, preferences and any individual trader’s appetite for risk. Every account comes with a 100k demo account too and 24option’s entry level account has a low minimum deposit of just $100.

Client Fund Security Measures

Ensuring the security of its clients’ funds is a top priority. Traders can be assured of:

  • Segregated accounts at top-tier banks.
  • Secure SSL encryption.
  • Adherence to capital adequacy requirements.
  • Stringent risk management procedures.

Deposits & Withdrawals

Clients enjoy quick, easy and secure deposits and withdrawals. Payment methods include:

  • Credit / debit cards.
  • Wire transfer.
  • Popular payment gateways such as Skrill, Neteller, OKPAY, UCash, WebMoney, PaySafe, Qiwi, Sofort, AstroPay, Perfect Money, GiroPay and Postepay*

*Depending on the client’s country of residence.

Trading Education

24option also offers a great variety of educational resources designed to boost traders’ trading knowledge and skills, including:

  • Daily market updates and news.
  • Basic, intermediate and advanced video-on-demand.
  • Live Webinars.
  • Interactive eBooks.
  • Market analysis and historical data from Trading Central.

Customer Service

24option offers exceptional customer service with:

  • 24/5 Live Chat.
  • Multilingual support in 12 languages and counting.
  • 12 trading platform languages.
  • Dedicated support from an account manager who can tailor 24option’s trading services to meet a trader’s level of experience and trading preferences.

24option is on a mission to give its clients a 360° trading experience that over-delivers when it comes to its online trading services, tools for traders, trading platforms, customer support and educational resources.

This article has 4 Comments

    1. Nigerians are welcome to trade at 24Option/24Forex. We’ve verified this with their team. If you find any conflicting information, please send us a link and we’ll get it sorted. Good luck trading 🙂

  1. That was really explanatory. Thanks. So how do I find my account in nigeria, seeing that all those options are disabled at the moment?

    1. Hi! We asked 24option and they said there are no issues with funding your account with them from Nigeria. You may deposit funds through wire transfer, Visa/Mastercard credit card or debit card, or through any of our e-wallet accounts:Moneybookers, PerfectMoney, Neteller, cashU, Qiwi, Sofort, Webmoney and Giropay, Skrill,Ecopayz.
      To open an account please follow this link:
      https://tradeforex.ng/rdr/24option

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