24options.com

Details

Broker 24option.com
Website URL https://www.24option.com
Founded 2009
Headquarters 39 Kolonakiou street, Frema Plaza, Agios Athanasios, 4103 Limassol, Cyprus
Support Number +357 25 262063
Support Types live chat , email , phone
Languages 12 languages supported
Trading Platform Webtrader | Metatrader 4
Minimum 1st Deposit €250
Minimum Account Size €250
Minimum Trade Amount 0.01
Bonus No bonus
Leverage 1:400
Spread floating
Free Demo Account Open Demo
Regulated Yes
Regulation Regulated By: CySEC
Fees Yes
Account Types Basic , Gold , Platinum , VIP
Deposit Methods Skrill , Wire Transfer , Debit Card , Credit Card , others
Withdrawal Methods Skrill , Wire Transfer , Debit Card , Credit Card , others
Number of Assets 200+
Types of Assets Currencies , Stocks , Crypto Currencies , Commodities , Indices
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 70

24option.com is a spot Forex and CFD broker established and operated by Rodeler Limited, a Cyprus Investment Firm, located in Limassol, Cyprus and regulated by CySEC. Back in 2009, it started as an options broker, but in 2017 24option.com expanded its activity and now offers to its clients the ability to trade a wider variety of instruments including indices, stock, and cryptocurrencies. With an advanced web-based platform and one of the largest lists of assets in the industry, the broker became well-known for its services. The company claims to have established a way for traders to trade CFDs in a completely-optimal environment, thanks to all features that are available in their offer.

Trading Platforms

The 24option.com benchmark platform is represented by a Webtrader proprietary developed. The platform has an easy-to-use interface, with advanced and interactive charts, a full list of technical indicators necessary for technical analysis, Economic Calendar, and Daily market update built into it. The downside it that there won’t be possible to use Experts Advisors or any other additional add-ons. However, the platform is also compatible with Android and iOS devices, which means you’ll be able to monitor your trading activity everywhere you go.

If you are a trader who wants to stick with the popular platforms, then the MetaTrader 4 is also part of 24option.com’s offer. With all usual functionalities, you’ll be able to trade with the most popular trading tool in the world. Unfortunately, this is one of the weakest points of the company – it did not pay great attention to platform diversity.

Account Types

In terms of account types, the company to assemble a more diverse offer, since a basic account could be open with as little as €250. Gold, Platinum, and VIP accounts are also part of the offer and you can get access to lower spreads, as well as a bigger volume of educational material, including a pre-defined number of advanced trading lessons, monthly webinars, daily news, Trading Central and a number of Daily TC SMS Alerts.

Since we’re talking about a European brokerage company, it had to comply with the latest ESMA regulation, that sets new rules for providers of CFD trading services for retail investors. Traders who can comply with a set of requirements, however, can gain access to much better trading conditions, including a leverage up to 400:1 on Forex pairs. Also, professional clients will be the only ones able to get access to contests and other benefits offered by the broker.

24option Education

One of the most important features of 24option is the Trading Central Advanced Market Analysis. This is a third-party tool, certified by independent research providers. It contains more than 8,000 assets, like commodities, stocks, and Forex pairs. The analysis provides technical analysis reports, trading signals, and Japanese candlestick signals. In addition, clients will have access to daily market reports, trading strategies, and webinars.

Customer Service

When it comes to customers support, what stands out for 24option.com is that they offer live chat support even during weekends, so you can talk to a representative at any time.

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