24Option is one of the most renowned binary options brokerage firms in the industry. They are generally considered as one of the pioneering binary options brokers in the market with a reputation for innovation and leadership. As a broker that places a lot of emphasis on public image and marketing, 24Option has gone into marketing partnerships with some high profile companies like Juventus Football Club, Boris Becker and Conor McGregor, the mixed martial art lightweight champion. Partnering themselves with great corporate firms and highly reputable and renowned individuals has had a great effect on this binary options brokerage firm, no less demonstrated by their deployment of the highly efficient Tech Financial platform. In this 24option review, we will be covering all there is to know about this broker.
24Option Trading Platform
Most binary options brokers in the market make use of one of the two highly popular and available third party trading technologies- Spot Option and Tradologic. 24Option is however very different in this aspect with their use of the more efficient Tech Financial platform which clearly set them apart from the other brokers. The Tech Financial trading platform is a vastly superior and highly intuitive trading system that has a great interface for greatly maximizing the amount of security on view. Regarding the availability of assets, 24options ticks all the boxes with stocks, indices, commodities and forex available for trading. The list of tradable assets here is well populated.
Mobile
24Options makes things a lot easier for its clients by providing a mobile trading capability through it mobile trading apps that support both iOS and Android operating systems. This feature offers an on-the-go experience for traders who want to trade and manage their accounts from anywhere and at any time.
Security and Reliability
As a broker that is regulated by one of the most visible financial bodies in Europe, Cyprus Securities and Exchange commission, 24Option is one of the most reliable binary options brokers that services most traders in the world. As a regulated broker, 24Options takes extreme measures to protect the security and integrity of clients’ records and bank details. 24Options boast of an award-winning platform that deploys robust protective measures for investors.
Educational Resources
Client education and training is one of the high points of 24Options. Once an investor has signed up with 24Option, they are given access to a wide range of educational trading videos that includes basic and advanced training and strategies. 24Option educational resources also include market analysis, live financial news and countless informative articles.
Payment and Payout
24Option traders have a wide range of payment methods through which they can easily make withdrawals and deposits. Some of the payment methods include Credit/Debit Cards, Skrill, Neteller and a host of others.
In terms of payout, 24options ranks very high. They pay as much as 82 percent for classic binary options and around 72 percent for most others.
Binary Options Trade Types
24Options has a lot of trading types that includes short-term trading, high/low binary options, boundary and one touch options.
Pros
- User-friendly interface
- Regulated
- Amazing educational resources
Cons
- Payout considered lower than other top binary options brokers.
