Is 24Option SCAM READ before deposit!

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  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
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    2 place in the ranking!

Is 24Option Scam? Broker review

On the web, you can find a lot about 24option. It is no surprise, because according to the statistics, 24option is the 2nd largest binary options broker in the world (Banc de Binary is 1st) However in this review, we will show you all information combined, making a big list of reasons why 24option is a scam or not.

24option is a binary options broker established in 2020 with headquarters in Limassol, Cyprus . Some may think this is s red flag, but, in fact, that is completely normal for binary options brokers. Most of them have their headquarters in Cyprus, because of regulatory purposes.

24option basic info

  • Official Website: www.24option.com
  • Headquarters: Limassol, Cyprus
  • Trading Platform: Tech Financials
  • 2nd largest binary options broker

Why is 24option scam?

I’ve read many complaints against 24option, saying that they scam people, they never let you withdraw your earned money, or even they lie about giving you free money and such. Those are all invalid reasons. Read on to see what I mean.

People complain, that they were offered free money (24option bonus) but then when it came down to paying customers out, there were problems. Yes – this situation can occur. But only if a customer has accepted a bonus AND has not completed all procedures needed for the bonus to be withdrawn. In order to withdraw money including the bonus offered by 24options, a customer is required to:

  • Upload necessary documents to prove the customer is, in fact, the person they claim to be
  • Complete wagering requirements (40x the value of the bonus)

If any of the above is not met, the withdrawal of the bonus funds is not possible. If you have this kind of problems, please, contact the customer support.

Another reason why clients might complain and dislike 24option is: losing their money. Trading binary options simply involves risk. Everyone should know that. It is an investment, with which your money is at risk if you do not invest (make trades) wisely. If you do not know what you are doing, please, learn something about binary options first and try trading on a demo account. You can do that either with 24option, but also with our demo account: x Binary Options Demo.

24Option regulations

24Options are regulated by important regulatory authorities of the world including the FCA in the United Kingdom, CySEC, Financial Market Authority and more. The complete list of regulators, that have approved trading with 24options can be found below – all of these official authorities have said “24Option is NOT a scam,” and gave them regulations.

A list of regulations found at www.24option.com

Their platform (Tech Financials)

Tech Financials is a platform programmed by a third-party company that creates binary options trading platforms not only for Banc de Binary but also for other brokers. 24Option is, however, one of the few brokers that use this platform.

This means that trading program, where traders make all the trades is not programmed by the broker itself, but by a different company. In the company’s intents is to make the platform as good as possible, in order to sell it to their clients (24option). If it was any sketchy, they would not buy it.

24option’s platform had to be reviewed by all regulatory authorities.

Have you been scammed by any broker? MyChargeBack might be able to help you! Fill the form below.

More information about 24option

Author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

190 Responses to “Is 24Option Scam? Broker review”

I lost a house worth of money. DO NOT GO HERE it ruined my life

The worst trading plataform, don’t trust them, they will rip you off.
The worst trading plataform, they just rip me off 300 dollars from my account with the explanation was that the account was inactive for 1 month scammers, they don’t ever let you know that there is a fee for this and before they made close all my operations, because they had to makes changes to the plataform, without any notice. Im going to redraw my money now from this scammers.

Sir, is Premium 24option a scam? Can i still get my money from them?

Hello, I don’t know anything about 24option premium, I’m sorry.

Everywhere page I open that has to do with binaryoption or forex investments all have great customer reviews but when I tried investing with binaryoption, from plus option, to binomo to IQoption, I lost a lot. I still have someone helping me with my trades but I keep losing and now they want me to invest more money. I need to speak with people who have invested and had similar situations. Please reach out to me on my username

Hello, thank you for sharing your story. Trading is really complexive and long term activity. It took some time to find the right strategy, broker and the power to influence own psychology. Be patient. We wish you good luck.

24 option is a scam organised by Israelis, do NOT trade and watch out. you will find more infos on YouTube. Good luck to all of you

HI, so Option 24 is a scam. i invested money about 3 weeks ago, now they say i must pay 10% of the total profit made. they say because the american government and the IRS tax officials have found that a lot of money is made the thought binary trading. am i scammed or what. when i asked why they did not tell me prior they are not giving clear answers. is there a way of getting back the funds i invested??

Mlu did you get any help regarding your account. I also need help.

We are on the same boat. $100 =$1000, did I get No. Now they want withdrawal fees unexplained. That is 24option.

I 100% hate 24Option with all my heart.. They are thieves… Complete liars… Scammers….

Did you get your money back? Being Approached by a guy called Franco Lunga to invest

Got approached by Annika Luan, I haven’t invested anything, am so doubtful more especially being approached on social media . And they say they are using 24 option investment

hello sirs,,do you know Tatiana Konoplina > She said she is an account manager in 24option.please help me,,Ihave jnot invested yet but receiving calls from her and emails too.

The job of the account manager is to help you make your first deposit , if you don’t your account is not completed , they don’t call you to start trading or to take your money. Because when you deposit you get assigned to the Senior Account Manager who will be basically your mentor and tell you everything about trading. After that if you don’t want to trade or you don’t like it , you just withdraw your money and close your account , no questions asked and no fees! I know many people that work there.

HI I’m new to trading, my question is how is it possible to trade with minimum $200 investment under your own account? Normal broker would put you in a pool of shares under their account and managed by them, you have the option to join or not. When you trade using 24option is it your own share as in buying actual lot, or just your small portion under their share?

Dear Mozzax11, with 24Option and any other CFD brokers, it’s only a CFD. You don’t buy the stocks directly through them. However as you can read in the comment section below, it is not recommended to use 24Option!

Mr j.pro i had a friend of mine who meet a woman in facebook in the name of EDNA PEARL he says that within 48hrs we could have our gain profit. My friend immidiately finance because he trust EDNA. After 3 days jhon have his profit , but when he tried to withraw ,the company ask him 770 USD for withdrawal charges. Yes he paid it. But until now he had not withdrawn any money. Very negative. Help him . Im planning to invest or trade. But i have doubt now. Pls help us

Dear Michael, as we tell others – never trust anyone who says they will trade on your behalf. Always manage your own money. I am sad to say it, but I think you got scammed by this EDNA. Do not pay her any more money, she will never send you money back, be carefoul.

24Option Review: Scam or Legit – Read Before Trading Review

24Option is an online broker software available for users who trade in cryptocurrencies as well as forex. It claims that it is well regulated and registered in official organizations. It also claims to keep the funds of users safe!

If you have a little knowledge about cryptocurrency trading or even if you are a forex trader, then you must know the significance that brokers have. For the ones who don’t know, don’t worry, we would love to educate you in that regard! Brokers are significant when you make your deposits to begin trading. If the brokers that you get matched with are not worth it, then you might lose your entire initial capital.

Cryptocurrency traders will know that whenever they sign in on a particular platform, they are matched with the broker in their region. It is essential that the broker they are matched with is well regulated and registered on official organizations. If you have read about fraudulent software, then you would know that all the hackers pretend to be brokers. But as soon as you make your deposits, all your money is gone.

But don’t worry. If you are a newcomer to the platform of brokers, then we would like to be informing you about several brokers in the series. We will educate you from A to Z regarding every broker that we talk about. This is because we individually care about your money. And our articles are based on the intentions of educating maximum people so that they do not face any unnecessary losses.

24option is only one of the hundreds of brokers present online. But if you want to know if it is worth your consideration read the entire article. Also, make sure to pay special attention because a little carelessness here might cost you a lot while trading.

Table of Contents

What is the 24option?

As mentioned previously, the 24option is the most trusted and reputed online brokerage firms that are available for people who trade in cryptocurrencies and forex. It began functioning a long time back in 2020 and since then has become one of the most popular firms ever. It was initially used for binary options but now has become incorporated for cryptocurrencies and another trading as well.

24Option is established by Rodeler Limited, which is a Cyprus Investment Firm. It is sanctioned and delimited by Cyprus Securities of Exchange Commission that has a CIF license number 207/13. Some other brokers spread betting with a variety of providers and have very little information available about any firm on the website. The report includes how many assets are there under the management, who are the managers and owners, also importantly, how long it has been in business.

Usually, cryptocurrency trading platforms are automatic and are based on CFD models. 24option has made that business as a very hassle-free affair. However, this transition only took place very recently. This is perhaps the reason why a lot of people might have rated it as fraudulent. But don’t worry, our perception is unbiased and based on real-time testing and user reviews.

You might as well know that to trade on automatic trading platforms, and no prior experience is required these days. This feature has been enhanced by 24option as it has helped to make the newcomers aware of the whole trading scene. Moreover, 24option has also made significant advancements towards people who do not have any prior experience in online trading.

Is 24option a scam?

Because of a lot of fake cryptocurrency platforms that have received harsh comments lately, a lot of these brokers have been misrepresented. But that does not mean that all the brokers are terrible. Several brokers keep investments safe and help people make profits. Only proper research is required to be able to identify those.

Regarding this brokerage firm we can assure you that it is certainly not a scam. It is a very good trustworthy as well as a reputed firm that is used widely on a diversity of platforms. Registration is simple, and there are multiple account options available. Therefore you can trust us on this comment. Moreover, there are some other features as well, which we will discuss in this post that will make you believe that this is certainly not a fraud.

24Option gives mixed results when we talk about trustworthiness. The significant negative aspect is that the broker is regulated in Cyprus. This eventually falls under the regulatory regime. It is robust alike other fully established systems like the UK or Germany are.

There is one more primary factor that works against this broker firm, which is the lack of assured losses in trading outside France. But there is a bright side to it, that is 24option successfully participates in the investor’s compensation funds that make the brokers become more and more in the money. The client’s funds have another catch, which is the funds are well protected with anti-fraud software that comprises both the ClickSSL and Thawte. There are negative balance protections as well that restricts its clients from losing more than their initial deposits and give a place to EU regulation.

You can quickly identify fraudulent software if it does not provide you with a demo option. All the trading software know that there will be a lot of newcomers, and as such, a demo account is necessary. 24option also has a demo account facility which you should always go for first. You will be able to aware yourself of the knowledge required to trade online. Moreover, the website also claims that education is a priority for them.

Is 24option well regulated?

Whenever we talk about brokerage firms, we have to pay special attention to official recognition and regulations. Also, there are a lot of hackers who as soon as you make your deposit take away all your money and never reply you back. Brokers who are well regulated and licensed will never do such a thing. This way, you will be able to invest in a trustworthy firm which will help you create more money.

If we talk about 24option, then let us begin by educating you regarding the licenses. This software is available in two forms one for the European Union residents while the other one is for the ones who stay outside of it. For the EU residents, the 24option EU is the software while for the international residents, the 24option International is the name of the software.

The latest feature that 24option has added is the CFDs and Forex with MT4 platform that needs all the trading in just one place. This specific platform is available through 24option and provides traders with three separate types of chart. There are over fifty technical indicators, and you can customize them according to your choice. With Metatrader4 you can look after the market carefully and get a better decision of when there is an open position with CFD and Forex.

24option EU is owned by Rodeler Limited, which is a member of Cyprus Securities and Exchange Commission. Because this organization is a member of the European Securities and Markets Authority. It is well assured that this brokerage firm is financially regulated and also promotes transparency in all its steps. It also provides all the clients protection against hacking as well as going bankrupt by the hands of wrong software.

Features:

Payout:

An essential thing to look for at brokerage firms is that if it promises pay out or not. Not only the pay out are imperative but also the accuracy rate as well. This platform provides an accuracy rate of 88%. This is an immensely high rate at which you can earn money and is undoubtedly one of the best. For the lower end accounts, 82% pay out is available, which is also not very bad.

Mobile trading:

Another essential feature that is associated with this brokerage firm is the portable trading option. There are a mobile-optimized website and an app which is available for both iOS as well as android. Therefore you do not need to carry your laptop everywhere you go, and your phones or tablets will function precisely the same. However, there are some functions which can only be accessed through a browser.

Languages:

An interesting point to note in this brokerage firm is that it provides lots of language options for its users. Considering the trading business that goes on a global language often becomes a barrier. But 24option has taken care of this issue. It provides the choice from 22 languages to choose from, which includes Arabic, German, English, Spanish, French, Dutch, Russian, etc.

Account types:

Although there is an option of basic account at 24option, you can also choose from four different account types during Registration. The only difference in all those accounts is the pay out value and the minimum amount that is to be deposited as initial capital. The four account options to be selected range from an essential, gold, VIP as well as a platinum account.

Bonuses and promotions:

Brokerage firms like 24option also provide bonuses and promotions periodically. On fake brokers, you won’t find this feature at all because all they want is to take away your money. But this firm offers bonuses that are consistently provided to all the users who genuinely invest in the software is. You can also avail cash bonus offers during Registration by a case to case basis.

Deposits and withdrawals:

The minimum amount that you can deposit is $250. This is an essential amount and almost nothing as compared to your savings about online trading. The payment options available are wire transfer etc. But if you use wire transfer the minimum amount is $1000. For easy and quick deposits as well as withdrawals, make sure that your verification is up to date.

Registration:

There is another crucial feature with any brokerage firm, which is Registration. Registration in 24option takes place swiftly and hassle-free. Besides you need to make sure that you properly verify yourself for every withdrawal and each deposit to take place immediately.If you still have any questions regarding the registration process and you can read further sections for information.

Demo trading:

there are a lot of genuine brokers that trade from automated cryptocurrency platforms. This offers its people with the option so that they can gain experience in the online trading platform. This option restricts the losses that are incurred to people if they do not know how to trade in a prior condition. This is where 24option found its legacy in ways of helping the beginners so efficiently.

Customer service:

We hope our customers have a hassle-free experience. And even after reading this guide you face problems then you do not have to worry at all. This platform accommodates excellent customer care service, which is available on this platform. Whenever you feel, there is any problem you can fill a natural form that contains comments, concerns and questions to the staff via email, messaging or even telephone. You can also opt for the live chatting option. How cool is that?

How do I register myself on 24option?

Now that you know the complete information about this brokerage firm, it’s time for you to look for the registration options. We are delighted to inform you that Registration is straightforward on this platform. And you do not need to go to entire questionnaires as to get yourself successfully registered here.

To register yourself on 24option navigate to the official website by typing the URL into your browser. After the site opens, look for the registration option. Enter all your details, and make sure that they are as genuine as possible. Once you get verified, you will be successfully registered on the platform. Make sure that you pay special attention to your verification because your deposits and withdrawals will not be processed unless you are a verified user.

How do I begin trading with 24option?

To begin trading with any platform, you first need to deposit your initial capital. At this platform, you will be redirected by a safe, secure an extremely efficient payment processing system. There is a range of convenient options which you can use to make your deposit as well as withdrawal at this platform. You will be delighted to know that these are very safe and can be used easily.

The options available include bank wire, MasterCard, Visa, Discover, Switch, Perfect Money, OKPAY, Scribble, Neteller, Kiwi, Astro Pay, iDeal, etc. The minimum amount that you can deposit on this platform is $250. After collecting the very minimum amount, you can begin trading, which is an excellent feature that the software offers. The withdrawal requests are processed in 24 hours itself.

Demo trading: The Demo trading mode is available for people who do not have any prior experience in trading. If you are a neophyte, then you should undoubtedly opt for this mode and educate yourself regarding all the settings that might require adjustments later. The demo trading mode can be accessed by opening an account on the demo option available when you navigate through the software.

Live trading: On both the trading platforms traders can trade through various assets, which includes cryptocurrencies, currency pairs, CFDs, spot commodities as well as the leading equity indices. An interesting thing to note about this platform is it also consists of the most comprehensive options of cryptocurrencies that can be traded in the forex market.

Pros / Cons
  • It is a well-planned, brokerage firm
  • It has a useful customer care service and will aid you any time.
  • The extractions and pay outs a process very carefully.
  • It is certainly not a fraud.
  • There are multiple account options to be chosen from.
  • It is one of the most productive brokerage firms.
  • One can trade through many possibilities here.
  • The app does not provide a fully functional mobile app where all the options are available.

Conclusion:

There are a variety of functionalities that this software offers its customers and you should undoubtedly go for it. The features include customer care service, multiple account options you can choose from, swift withdrawals and pay out methods and an excellent reputation in the forex trading scene. All this makes this software an easy go-to for anyone interested in online trading and investment.

Besides, we support the fact that if you are a newcomer, then you should correctly stick to the minimal amount that is required for the depositions to take place. This keeps you safe if there is any loss that happens to you or if any trade goes wrong in any case.

Is 24option a scam?

No, it is a hundred per cent legitimate.

When are withdrawals processed on this firm?

It takes 24 hours to process your withdrawals.

Is Registration a stressful affair?

No, it will almost take 30 seconds to complete.

24option scam? Read our review before deposit

24option is one of the best brokers offering major guarantees and a great multimedia training center.
In order to help our clients to choose the right broker we decided to make a review of the best brokers on the internet. Considering the fact that in the world of online trading it is very easy to be scammed. At the first place of our chart, there is 24option.

The experience gained from 2009 has allowed 24option to become a real leader among the binary options broker platforms. In this review, we will try to highlight the main features of this trading platform and find out how it works 24option. This platform is phenomenal, with a full category of trading options that offer investment amounts to appeasing every budget.

24option is known to have a wide variety of assets to trade and a wide variety options to choose from to trade them with and it can all be done on a variety of different expiration times. A user can choose to trade binary options in currencies, stocks, indices or commodities. All these features have made 24option among the world’s largest binary options brokers.
You will see 24option is a simple to learn and user-friendly trading platform. It lets the investor really focus on his trading when he do not have to worry about finding his way around the different platform menus.

24option’s easy to use platform really does a nice job of making trading on its site straightforward and uncomplicated. 24option platform lays all the information out for the user so you can easily make decisions about your binary options trades. Like any type of investment, you must carefully look at binary options trading to see if it is right for you. Once you have decided that this type of trading is right for you, next you must learn about the various things that will make an investor successful when trading binary options. The best way to do this is to pick a broker like 24option that provides its many investors with a lot of learning tools to choose from.

Multimedia training center 24option

The 24option platform, as well as offering the possibility of making investments, it has also assumed responsibility to teach trading to anyone, ever more numerous, enthusiastic facing the world of online trading with binary options. In a dedicated section of the platform you can find a real training center to improve your knowledge in the field of trading with binary options, putting you well on your way to become a profitable trader in the long term.

Under this section of the site, in fact, you have a real chance to learn strategies, concepts, financial tips and many other tricks of the trade, thanks to the wide variety of training tools available at your disposal. 24option offers you a chance to learn directly through the e-course live online. Thanks to this fantastic initiative, in fact, you have the opportunity to satisfy your curiosity or doubt about the online trading.

The tools you will find are:

EBook trading: it comes to e-books, downloadable from the site, and full of useful information for your successful activities in the field of trading. Ebooks on trading have never been as complete and satisfying as those of 24Option.

Interactive e-book: in addition to the classic type of e-book on 24Option are interactive e-book, the new type of e-book with which you can interact directly to understand the basics in trading binary options.

Early Closure: this section is intended to illustrate an important feature made available by 24Option, a function that allows you to limit losses and increase profits through the early closure of you trading operations.

Calculate deadline: in the final analysis, we highlight the presence of a section once the proper use of the maturities of binary options and the best times to make an investment.
In the same multimedia training center section, you will find also a series of short videos explaining the world of binary options made in succession. The most relevant topics covered in each video are: the world of global trading; the characteristics of binary options; trading is an art form; possibilities and risks; emotionality in trading; risk distribution.

24option free demo account

Based on the assumption that traders tend to be more profitable after they have had some time to practice on the site it become clear the reason why 24option offers its many investors a convenient demo account to practice with. It is nice for an investor to be able to practice trading without risking a dollar of his own money until he feels confident with binary options trading.

It is just one of the reasons that make 24option one of the best online binary options brokers to trade on.
24option has an outstanding and easy to use trading platform that is well supported by the convenient demo mode. Signup is easy also and only requires filling out a simple form and making a minimum deposit of at least 250$.

24option deposits can be paid in such currencies as: US dollars, British pounds or euros. It is important, if you sign up for the site, that you know that whatever currency you choose to use for the initial deposit, will also become the default currency as you trade, withdraw and make future deposits on the website.
Once your account has been established, then you will be eligible to receive the free demo account.

The demo mode almost perfectly mimics the real trading platform to provide the trader with the ultimate learning tool. The demo mode can be super beneficial to those investors that are new to trading binary options, but even experienced investors that are new to the site are encouraged to take advantage of the demo account too.

Deposit and withdrawals

Before you can make any kind of operation, you have to register at the broker’s website. Registration is of course free of charge and requires you to enter a few details. After entering the data, you will be sent an email confirmation to the address you specified.

We highly recommend using real data; otherwise, the account can not be opened. Once inside your account, you can make your first deposit that allows you to start investing in binary options. The deposit interface of 24option is very simple to comprehend. It is obviously simple if one who has never traded can do it. In addition to that, it is fast and very safe to use, you can deposit your funds in British pounds, US dollars or euros and though digital payment.

With all that’s going on the world today, safety while trading is essential. Minimum deposit amount offered by 24option broker is 250£, $, € and it will allow the user to enter the site as a standard account holder. Larger deposits will often allow an investor to enter the website at a higher account level that come with more benefits and features that the standard account level. The funding type also has a minimum account deposits that are associated with it.

There are various methods of funding allowed for online binary trading, like clients can deposit funds by using credit card ( visa, mastercard, carte bleue, dankort, maestro, laser and discover); electronic payments (moneybookers, money gram); or through bank transfer. The simple process afforded by 24option makes it more enjoyable.

The withdrawal standard of 24option is without a doubt more convenient of many other brokers out there.
Anyway, the trader must consider many things besides the cost of the withdrawal before making one. It is a good idea to leave some extra money in a binary options account if the markets are volatile at the current time or the outlook for the markets being volatile in the near term is high.

24option bonus

All of us like a little something unexpected financially from time to time and this is exactly what the 24option binary trading site offers its many investors. They have one of the most generous sign up bonuses in the binary options online market and they offers new users up to a 100% bonus on their initial deposit. Every trader can get from 70% to 100% of bonus depending on the deposit made. The 24option bonus can be withdrawn by the trader only at the achievement of a minimum number of operations, or to the achievement of the minimum requirement of trading volume.

In these cases, the trader may also withdraw the bonus offered by 24option. Instead, in case the operations have ended in a negative way for the trader, the broker does not ask for any reimbursement to the trader. One of the main conditions connected to the bonus is that a trader has to make some trades before he can withdraw the fund; we are talking about a number usually equal to 50 times the bonus amounts.

Free trading signals 24option

Now we are going to explore another important service offered by the broker 24option.
The service that we are presenting concerns free trading signals for binary options provided by 24option.
Trading signals are displayed just inside the trading platform, so you can invest more quickly. We remember the trading signals provided by 24option are completely free.
Obviously not all signals appear to be fairly reliable, 24 option therefore classifies them according to their reliability.

So you can easily recognize the good signals from the fake ones thanks to the color they are, that is to say:

Green signal (it indicates the high reliability);

Yellow signal (signal likely to be exploited by caution and using little capital);

Red signal (signal unlikely. In the sense that could lead to a negative closing, but that would probably be right risk to follow, in the case where the economic return is high).

24OPTION TRADING EXAMPLE

24OPTION VIDEO, HOW TO USE THE PLATFORM

24option customer service

The 24option broker offers the ability to leverage a customer service open hours 24–24,7-7 days.
Customer support can be reached via email or call center. Therefore, if nothing else we have mentioned until now encourages you to at least give 24option a chance, their superior customer service will win you over at every phase. It is most important to be provided great customer service and this has been our discovery at every phase of 24option.

It is essential that we mention also the significant number of available languages for 24option. This is a great asset for international traders who desire to trade in their native language. Most of the support comes through in English but there is support available in 13 other languages. All this is in order to provide excellent customer service in a prompt and professional manner, anywhere in the world.

24option partners

The broker 24option has recently announced the partnership with the famous Italian football club Juventus F. C. A very good deal that should increase the revenue for both parties and help each further promote their brand and keep them established as leaders in their respective industries.
With the links between partners, 24option is set to become a Juventus partner that will have both off-line rights and marketing rights to some of their product.

It the willingness to create these types of partnership that will keep 24option on the top of the binary options trading field for a long time to come. It shows the willingness of the company to be aggressive and do whatever it takes to keep 24options as one of the most popular online binary options brokers.

Our opinion

Binary options trading is a market type trading strategy that has grown substantially in just a few short years. It is a largely self-regulating industry that relies heavily on word of mouth to help each individual binary options broker grow. It should also be noted that self-regulating industries often put out the best product at the fairest prices. With that being said, 24option does fall under the watchful eye of Cysec, which is one of the main binary options regulating bodies.

Cysec members do follow some basic guidelines that give their sites more credibility.
24option offers a quality-trading platform that offers return on investments that are typically larger than any other type of market trading.

24option is also known for having a website that is very user friendly and caters both to novice and veteran traders alike. In addition to be somewhat regulated, 24option helps to establish even more legitimacy by being fully transparent website when it comes to such things as banking fees and costs. There are no hidden costs or fees and the fees they do have are fully disclosed on the website itself.

Any questions or concerns that the sites many users have are quickly and expertly answered by the efficient and well-trained customer support team. All this add up to a site that lets its investors worry only about trading and provides them with a relaxing trading environment.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo
    Binomo

    2 place in the ranking!

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