24Option.com accepts traders from a majority of countries worldwide (including the EEA or European Economic Area countries), EXCEPT for Belgium, Switzerland, British Colombia, Canada and the USA and a few others.
Read on to find out more about the most comprehensive review on 24Option below.
24Option.com is an award-winning online broker that has been providing online trading services since 2010. 24Option is also a full-service forex broker that recently expanded their services from December of 2016 to include various new trading instruments such as forex, CFDs (Contracts for Differences), commodities, stocks and even indexes. However, they no longer offer binary options trading on their platform.
24Option is operated and owned by Rodeler Limited, which is regulated in Cyprus by the Cyprus Securities and Exchange Commission or CySEC under the License number 207/13.
The company also offers its services on a cross-border basis to EU (European Union) member states, which permit the provision of its services in their jurisdictions. Due to the company’s regulatory obligations, client funds are safeguarded by being deposited in segregated bank accounts. This ensures the independence and safety of the funds and provides a high level of trust in the broker.
The company’s principal address is 39 Kolonakiou Street, Ayios Athanasios, Limassol, Cyprus.
24OPTION TRADING PLATFORM
24Option offers trader the flexibility to trade in the traditional MetaTrader 4 or MT4 platform developed by MetaQuotes, as well as their own dedicated trading platform in-house. Their proprietary platform includes many interesting features not found on other trading platforms. The new trading platform gives traders the ability to trade various instruments such as forex, cryptocurrencies, stocks, indices, CFDs (Contract for Differences) and commodities as well.
Their trading platform is also available on iOS and Android devices for one to trade on the move easily.
With the industry-proven MT4 trading platform in the background, 24option’s traders have unlimited access to dozens of technical indicators and a comprehensive charting packages which further enhances their trading abilities to make the best decisions in trading.
In addition, 24Option’s trading platform also offers up to 200:1 leverage for forex trades, although there are some restrictions on trading certain currency pairs. All major and minor currency pairs that include key currencies from nations around the world, like the EUR, USD, JPY, GBP, AUD and CHF, as well as exotic currency pairs are available on 24Option.
24Option offers the following instruments to trade on their platform:
- Stocks (A wide selection of international stocks)
- Forex (A wide variety of popular & exotic forex pairs)
- ETFs (Exchange Traded Funds) (More than 23 of the world’s best performing ETFs)
- Indices (NYSE, HKSE etc)
The above wide range of available instruments makes 24Option a versatile broker one could always count on to make the best of developing economic situations, to trade profitably.
DEPOSITS & WITHDRAWALS ON 24OPTION
24Option caters to a wide range of payment options to suit international traders from around the world.
These include Visa, Mastercard, Discover, Switch, JCB, OKPay, Perfect Money, Skrill, Bank Wire and Wire Transfer.
Credit card, debit card and Neteller withdrawals attract a fee of 3.5%. Withdrawals by wire transfer will cost USD 30 or EUR24 per withdrawal.
Withdrawals are processed in a timely manner within 48 hours and depending on the withdrawal method selected and your bank could take up to 3 to 7 business days.
In summary, 24Option is a solid regulated broker that offers a wide variety of instruments for traders to take advantage of. In particular, the ability to trade indices such as NYSE, HKSE etc gives traders the ability to trade on the swings of various different stock exchanges around the world. However, the one drawback is that you do not have the ability to trade binary options on their platform.
24Option is also currently running a promotion where if you open up a new trading account and make a minimum deposit if $100, you’d qualify for a BONUS amount of 50% of your first-time deposit (limited up to $500). This offer is not subject to any other conditions and offers an attractive opportunity for traders to gain 50% of their deposit amount with no strings attached.
Take advantage of this LIMITED time promotion by signing up for an account with 24Option today!