24 Option Review |
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General info |
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24 Option is considered by many traders one of the best binary options trading platform in online industry. Operated by 247 Holdings Group Ltd, registered in British Virgin Islands, the 24 Option trading platform is one of the most complete binary options brokers currently. The large number of underlying assets and the various types of options available make 24 Option a good choice for all online traders. |
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Minimum investment: 100 USD |
Options profitability: from 70% to 85% |
Option refund if out of the money: 0% to 15% |
| Additional Options: Touch Options and Boundary |
Can trade: Forex, Indices, Stocks, Commodities |
Traders from USA: Allowed |
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Main features
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Ten indices, three commodities (Gold, Silver and Oil), a dozen of currency pairs and nine companies listed on stock market (including big names such as Vodafone, British Petroleum, Google and Apple) complete one of the longest list of assets available for a trading platform. |
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The binary options available at 24 Option can be categorized in three groups according to their expiry times: intraday options (options that expire in minutes or hours),options expiring at the end of day and options expiring by the end of the week. |
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24 Option trading platform pays special attention to the traders’ needs and is currently available in nine languages: Arabic, English, French, Italian, Japanese, Portuguese, Spanish, Turkish and Romanian. New languages will be constantly implemented so that more traders to be able to trade in their own language. |
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The traders can make deposits using credit/debit cards issued by major brands such as Visa, Maestro, MasterCard, Diners Club and JCB. Bank transfer and Ukash are two more payment methods available at 24 Option. |
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At their first deposit the clients can choose whether to make their deposit in USD, EUR or GBP, their choice remaining definitive as account trading currency. |
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24 Option is very attractive due to high return rates which go up to 85% and also due to refunds that can go up to 15% of the amount invested in the option that ended out of money. |
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Special features
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24 Option aims to help the traders as much as possible and therefore their clients can access information about 24 major market indicators. These market indicators, such as Consumer Price Index (CPI), Gross Domestic Product (GDP), Producer Price Index (PPI) and Unemployment Rate, are known to react before the market so following their evolution could be a great help in predicting the market. |
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Another special feature available at 24 Option is the early closure of purchased options. Any option bought can be closed after five minutes since purchase time and few minutes before the expiry time, so the trader can sell back the option no matter if it’s in the money or out of money. |
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