1. Sign-up on their registration page (free).
2. A dedicated account manager will contact you.
3. Upon approval, complete the registration process.
|Headquarters||39 Kolonakiou Street, Ayios Athanasios, Limassol CY-4103|
|Support Number||+44 203 693 8656|
|Minimum 1st Deposit||$250|
|Minimum Trade Amount||$24|
|Payout||Up to 88%|
|Free Demo Account||Open Demo|
|Account Types||Standard, Beginners, Gold, Platinum, Diamond, Islamic|
|Deposit & Withdrawal Methods||Credit/Debit Cards, Bank Wire, Skrill (MoneyBookers), CashU, Neteller, Sofort, Neosurf, Webmoney, etc.|
|Account Currency||USD, GBP, JPY , EUR, RUB|
24Option is one of the most user friendly and reputable binary options brokers available online.
There is a range of underlying assets that you can choose to trade and their customer service team is also available around the clock to help you with your questions and concerns. Opening an account with 24Option is quick and easy. In addition, you can use their demo account which gives you the option to practice before you jump into real trading.
Review Verdict: 24Option is NOT a Scam
Demo trading is a part of the learning process and it is a must for every beginner trader. At 24Option, you just have to make an initial deposit of $250 and you will get access to a demo account. Trading using virtual funds allows you to learn about the trading platform while you improve your trading skills and strategies.
How to Use the Broker?
After you sign up, fully verify and fund your account with a minimum of $250, you will get access to the trading platform of 24Option. There you manually place trades on underlying assets in the four trading categories – currency pairs from Forex, stocks, the most popular tradable commodities and indices.
Trading binary options involves substantial risk and may lead to loss of all invested capital.
Once on the platform, you will notice the various binary option types available for trading – from hyper options of 60 seconds to long-term High/Low options. You can place trades with a few clicks – choose asset type, binary option type, insert investment amount and select the direction in which you think the value will go. It is as simple as that.
As clients of the 24Option binary brokerage, you can also monitor all of your currently open trades as well as the ones that have already expired in the Trade History tab. All of that is featured on the trading platform itself.
No Download Required
24Option is entirely web-based and you can access the trading platform from your browser, as long as you have Internet connection.
You can choose whether to download a trading application, available for both iOS and Android, onto your mobile device. This feature will allow you to trade on-the-go wherever and whenever you are, as long as there is a working exchange.
How to Get Started?
If you choose 24Option as your broker, you can join it in three simple steps:
- Submit your details and create a free trading account.
- Choose an account type – you can also choose between a free demo or a real trading account.
- Deposit Required Minimum – the minimum deposit for the basic account is $250.
When you are choosing your preferred account type, take into consideration the special features that are specified for every account. The minimum deposit requirement will vary if you choose an account that is higher than Basic. If you want to start at the first step, you can do it with the accepted minimum of $250.
The Basic account type begins from $250 and it offers professional charts, 82% payouts per successful trades and round-the-clock customer support. It also gives you access to the basic package of analyses providers at Trading Central. Every upgraded account type above Basic also offers third party Trading Alerts – these include information on events that might influence your trading strategies.
Payouts are automatically calculated by the system and you can see how much you will profit from a give trade if it is a winning one even before you have placed it.
The only fund-related action you will have to take is to make an initial deposit of a minimum of $250. This is not a form of payment, these are the funds you will be able to invest with and you can withdraw them at any time you see fit.
24Option – Account Types & Demo
The 24Option brokerage offers 5 different account types. Each one has its own special features which upgrade the efficiency of the preceding account.
The Basic account type begins from $250 and it offers professional charts, 82% payouts and round-the-clock customer support. It also gives you access to the basic package of analyses providers at Trading Central. Every upgraded account type above Basic also offers real-time Trading Alerts – these include information on events that might influence your trading and their results might create profitable opportunities.
As we mentioned above, 24Option is a broker that also offers a Demo trading account. It is the same as the Live account, only you do not invest with your actual funds but with “dummy” ones. Demo Trading is popular especially among beginners. It gives the chance to get a feel of the platform without risking their investments with inexperience.
24Option offers great features when it comes to demo trading and trading education, aimed at novice but enthusiastic investors.
Is 24Option a Scam?
This implies that 24Option follows strict policies for personal data confidentiality and funds’ security.
The customer service team at 24Option is also very efficient and helpful. With their thorough training department, you can learn binary options trading easily. There is a range of resources available for beginner traders which can be helpful in learning. All of their traders have access to these resources.
The customer support is also available 24/7 and in multiple languages. You can reach them via phone, e-mail or live chat and consult with their dedicated customer support on the terms and conditions for trading with 24Option. They are ready to help you with any query you might have and assist you any way possible.
24Option Website Preview
My demo account saved my money… before getting one I hardly could make any winning trades. After my account manager told me that I have to practice and offered me demo for free I said to myself that there is anything else to lose. I started trying out different strategies and now honestly I can call myself pro. Thanks to the demo, now I am more confident than ever!
24Option is my broker for more than 2 years. They have always been responsive to my questions, I think this is the most important thing, to receive help when you need one.
How to Get Demo Account?
24Option is one of the most reliable and reputable brokers available in the binary industry. It offers a lot of trading options to all of its clients, both novices and professionals in the field. The payouts of the brokerage are some of the highest in the industry and it is also a regulated broker which take measures to safequard client’s funds. That is why we consider 24Option to be one of the best broker choices available.