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24Option Trading Apps

4.6 / 5

24OPTION Trading - Up to 100% Cash Bonus

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24Option Trading Apps

  • Leverage: 1:200
  • Mobile Platform
  • EU CySEC Regulated binary options broker
  • Articles and financial news
  • Large selection of languages
  • More than +130 tradable instruments.
  • Trade un-leveraged crypto currencies like Bitcoin, Ethereum, Ripple, Litecoin and Dashcoin.
  • Dedicated support to assist you.
  • Education center.
  • Daily Review and Economic calendar
  • Good and well-known reputation
  • Good variety in types of trading and assets Decent pay outs

Pros

  • More than +130 tradable instruments.
  • Trade un-leveraged crypto currencies like Bitcoin, Ethereum, Ripple, Litecoin and Dashcoin.
  • Dedicated support to assist you.
  • Education center.
  • Daily Review and Economic calendar

Cons

  • The spreads are a little bit too high. For example, you get a 3 pips spread on EUR/USD.

24Option Trading Apps info

Name 24Option Trading Apps
Website URL www.24option.com
Established 2010
Location Cyprus
Support Options 24Option’s customer service department offers 24/7 live chat and email support, with telephone assistance in 12 countries. Their proprietary trading platform is also translated into 22 languages. The live chat attendant seemed rather slow to respond when tested several times. In addition to its customer support department, the company offers a wide range of educational materials, such as daily market news and updates, live webinars and interactive eBooks. Their Trading Central feature allows clients to access third party market analysis and historical data. 24Option also provides videos on demand, with available topics including courses for intermediate and advanced trading in CFDs, forex and binary options.
Deposit Options Visa, MasterCard, Discover. Skrill and Wire Transfer
Withdrawal Options Credit Card, Perfect Money, Moneybookers (Skrill), Neteller, Wire transfers
24Option Leverage: 1:200
24Option Platform: MetaTrader 4
24Option Review Based in Limassol, Cyprus, award winning online broker 24Option has been providing services for binary option traders since 2010. 24Option is a full service forex broker that recently expanded their services in December of 2016 to include trading in forex, CFDs, commodities, stocks and indexes. 24Option is owned by Rodeler Limited, which is regulated in Cyprus by the Cyprus Securities and Exchange Commission or CySEC under the CIF License number 207/13. Rodeler also owns the Grandoption, QuickOption and 24FX brands, under which the company offers some of the most advanced trading platforms currently available. The company offers its services on a cross border basis to EU 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. The company has two principle offices, one situated in London, England, and its headquarters, which is located at #39 Kolonakiou Street, Ayios Anthanasios Limassol, CY-4103 in Cyprus. 24Option is not currently active in the United States, so 24Option does not accept customers based there.
24Option Mobile App Yes

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24Option Forex/CFDs Trading

24Option are one of the leading online brokers. They boast some of the latest technology on their trading platform and pride themselves on offering an easy to use system. The new bespoke platform is also feature rich and advanced. The firm operates under the company name Rodeler Limited and has headquarters in Cyprus.

The firm are regulated by CySec but have stopped offering binary options. While they will continue to offer existing client binary trading, their focus is now on CFD and Forex trades.

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24Option Reviews – Details:

    • Demo Account – Yes
    • Minimum Deposit – £250
    • Minimum trade – From 0.1 lots
    • Signals service – Yes
    • Bonus details – As a CySec regulated broker, 24option no longer offer bonuses or trading benefits.
    • Mobile App – Yes. Android and iOS catered for.

Trading Platform Review

Traders can choose from multiple trade types and assets. The trading area is clearly laid out. The price graph on the trading window can be enlarged, to allow a more detailed analysis of price action.

Trading History

From here traders can see all the trades they have open. These are flagged as to whether they are currently in the money or not. The opening price and current price are both displayed, as is the expiry time. Also, the open trades window will display a ‘Close’ value – that is a value that the trader can ‘cash in’ at that moment – either to lock in a profit or reduce a loss.

These are only offered at certain times within a trade, but add to a trader’s options and are handily placed. Trade history is also shown in this area. All completed trades are listed, open and close prices and of course, the net result of the trade. There are also three tabs for traders to keep informed of markets changes.

A trading alerts tab, a daily market updates tab and the very useful Economic calendar tab. This provides a great source for finding the key financial statements that will get released to the markets in the near future.

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Trader Choice

In addition, the firm now also offer CFD trading and forex trading «per pip». This allows users to trade in a more traditional way. It also allows users to trade using leverage. This is a big difference if traders are more used to the ‘fixed risk’ of a other investment vehicles.

This allows traders to take a position on cryptocurrency versus USD or GBP for example. As the CFD offering is relatively new, more markets will be added over the coming month. This new types of trade also include the option to set stop loss levels. This is a key part of risk management when using leverage.

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