Why 24Option Is The Best Broker?
24Option is one of the most trusted and among the most popular brokers. Our review is important since the success you make in Binary Options Trading, majorly if not totally depends on the broker you choose. An unregulated or unscrupulous broker can snatch away all your deposits. There would be no one who can save your money once its gone. 24Option broker goes the extra-mile to provide the best trading experience.
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Rodeler Limited is the company running the 24Option broker service. 24Option is regulated and authorized by Cyprus Securities and Exchange Commission (“CySEC”) as a Cyprus Investment Firm (“CIF”) to offer the services and activities. A search through the Cyprus website proves that Rodeler is indeed licensed. You can visit CySec website to view more. Also you can check this website to see if your country features in the list of countries where Rodeler is permitted to manage operations. CySec is empowered to impose sanctions and penalties on errant brokers and brokerage firms. It is fully capable to revoke licences, impose fines and suspend brokers. This means that 24Option which comes under its ambit is prone to such legal actions if it ever deviates from the right path. This introduces more transparency in its operations.
24Option – Special Features
24Option lets its traders choose from 5 account types – Basic, Silver, Gold, Platinum and Diamond. As everywhere, with the more advanced plan comes greater features and different bonuses . The Gold membership plan is the most popular and perhaps the optimum one for basic trading. The choice depends purely on the intent of investment and how professionally you want to trade. The payout varies 82% to a maximum of 88% with your choice. For Gold plan it is 84%. The returns are realistic and not overly hyped up.
The minimum deposits required to start trading is $250. If you reside in any other country then the equivalent amount needs to be deposited in native currency. Investment amounts range from $24 minimum up to $100,000.
There are free e-books and other interactive tutorial and general information materials available on the website. 24Option believes that an informed and aware trader translates to a successful trader. The better the traders perform the better name it would earn for them in social circles. So its a win-win situation. Rather than eye to usurp the trader investments, 24Option believes in fine and fair means of business. This is the difference you see when you trade with a licensed and regulated broker vs any other unregulated broker.
24Option gives a wide range of options for trading binary options. Depending on your preference and taste you can invest your luck and money in any or all of them. High/Low binary options work on the basis of where the market rate settles after a fixed interval. You can choose whether the market price will close higher than the current price or lower. One Touch binary options are options where you decide if the market price will reach a certain value on the expiry of set time. The expiry time can be as short as 60 seconds or as long as a week. In and Out Boundary options have an upper and a lower target price. Your objective is to predict the range within which the price of the asset with settle within that time. No matter which option you choose, the real thing that matters is whether the returns land in ITM, OTM or ATM zones. A trade expiring in ITM would fetch profits, that in OTM will not offer any refund . If the option expires in ATM then the complete amount of investment is 100% refunded.
24Options offers an assortment of options where you can invest. All depends on what suits you. You can invest in Stock Markets like European Stocks, U. S. Stocks, Forex, Commodities and currency pairs like EUR/USD, GBP/USD, AUD/USD, CAD/USD. Options are also available to trade in Gold.
24Option are one of the most trusted brokers in the industry. The trading platform offered is built for ease of use and intuitiveness. Every operation is placed suitably on the screen. To keep oneself updated and to do trading anytime,anywhere, the 24Option mobile Apps for Android and iOS users are available on Google Play and AppStore. Advanced methods are used to protect all of your banking transactions.
24Option is a broker we’d strongly recommend. 24 option takes measures to protect the integrity and security of clients personal details and bank details. The most important prerequisite in Binary Trading is to trade with a reliable broker. This condition is met with 24Option. You can concentrate on your trading and not harbour unnecessary fears and credibility doubts. So the next time someone you know is in a dilemma on which broker to choose, you know one trusted broker for sure. There are many other trusted brokers. Read our reviews to find out more.