24option Review

24Option is a well known broker in the
trading world which has been around
for a long time. However, as times
changed this broker faced a lot of
appreciations and criticisms on the way.
Read our full review to find out how
this platform has been completely
evolved itself by offering a variety of
tradeable assets to its clients thereby
ensuring that they can have a diversified
portfolio.

24Option Interface-

24Option by default as a web based
trading interface. The users can download
the mobile trading app from both App store
and Google Play store. This broker is also
available on Metatrader 4 Platform.
Regardless of which platform you choose,
this broker has pretty much covered all
your needs.

24Option Broker Location and Regulation-

This brokerage is represented by Rodeler
Ltd, based at 5 Cork St, Belize City, Belize.
24Option is regulated by International
Financial Services Commission of Belize
with license number IFSC/60/440/TS/17.

Investable Assets-

There are more than 35 assets to trade
which covers all major Forex pair, Stocks,
Indices and Crypto currencies. For
Crypto Trading leverage up to 1:10 is
offered by the platform. The list of
investable assets ensures that the
traders can easily diversify their portfolio
to manage risk efficiently.

24Option Account Types-

There are 4 types of account offered by
the platform. Depending up on your
starting balance you can choose any one
of them. The higher investment in to
this platform will give you access to
many appreciated features like Daily
market brief, one on one tutorial
covering sentimental, fundamental and
technical analysis, no maintenance fees
and free withdrawal. The best part of
this broker is regardless of which
account you choose they provide you
with an account manager and access to
webinars and seminars.

24Option Support and Education-

All the users have access to the customer
care via telephone or email. Furthermore,
if the users encounter any kind of
problems them can get in touch with
support team via Live chat feature or can
request a call back from them whenever
you want.

There is an educational outlet on the
website which has tutorial and e-books
aimed at educating investors about both
forex and cryptocurrency markets. There
is even an explanation on the basic trading
strategies where in it covers principles
like support and resistance, volatility
indicators, trend indicators, etc.

To keep Traders informed about the latest
market information, there is a news section
on the website. Along with the news
traders have access to economic calendar
showing when the major news release will
take place. Traders should always have an
awareness about the news as they create
spontaneous market reactions which results
in high volatility. Newbie traders should
avoid trading during these periods until they
are confident about their trading
strategy/system and have gained some
confidence.

Like most popular brokers 24Option also
offers a free demo account with 100,000
virtual money to its users, so that they
can familiarize themselves with their
platform and practice few trading
strategies without risking any real money.

24Option Complaints-

24Option had a fair deal of complaints
since it began. The complaints range
from false price feed to not being able
to withdraw the money. Unfortunately
most people think that it is easy to
make money trading and jump into
opening an account without having a
proper trading system in place and
when they encounter losses they
blame the brokers. This broker is legit
and trusted by many traders. As far as
withdrawal problem is considered
remember not to accept any sort of
bonuses unless you are confident of
clearing the requirement because after
the bonus is accepted if you fail to meet
the requirement, you will not be able
to withdraw your money.

Deposit and Withdrawal-

A minimum amount of 250$ is required
in order to start trading on this platform.
The deposit and withdrawals can be
done through Skrill, Neteller, wire transfer
and credit cards. Note that the minimum
deposit via wire transfer is 1000$. The
withdrawals are usually processed within
2-3 days.

24Option Review Conclusion-

24Option is a fully regulated brokerage
platform which has something in store
for every type of trader. If you are
looking for a broker to start your trading
career with, then this one broker is will
fill that need.

Summary
Reviewer: John
Review Date: 2018/05/12
Author Rating: 4/5

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