Launched in Cyprus in 2010, 24option quickly became known in the whole binary options world for great service and numerous trading options. Today, they are one of the best, if not the best company in this industry. As a result of their great success, they are now official partners with some very famous sport clubs and personalities, such as Olympique Lyonnais, Juventus FC and Boris Becker. To find out their secret, we conducted an analysis of everything 24option has to offer, and here in 24option Review 2016 you can check out the results.
24option Review 2016 | Account Types
We will start our 24option Review 2016 by analyzing the account types this broker offers. Before choosing one, you will have to sign up, but this won’t take you more than a minute or two. All you have to do is to fill out the simple form with some very basic personal information, such as date of birth and e-mail address, and after that you can choose your account.
There are five different 24option account types: Basic, Silver, Gold, Platinum and Diamond. All of them offer 24/7 support and professional charts, but there are some differences between them. Starting with Silver, you get a personal coach, whereas the Gold account will also enable you trading with an expert. More advanced account types, such as Platinum, will provide you with SMS and e-mail alerts, financial expert sessions and even forex trading, whereas with a Diamond account you will even get tickets for Juventus games! As you can see, there are more than enough account types to choose from and we are sure that you will find something for yourself. Basic, Silver or Gold accounts will provide you with everything you need to be off to a good start, but if you want even more from your trading experience, the two top-tier account types are the perfect solution.
At this point of our 24option Review 2016 we would like to point out that there is also one special account available – the Islamic trading account. This type of account is totally free from any kind of usury (“riba”) and is not subject to any fees or interest (100% “halal” trading). There are also educational materials in Arabic that will help Islamic traders improve their skills and be generally more successful.
In the next paragraph of 24option Review 2016 we’ll say something about 24option’s trading platform, so stay with us!
24option Review 2016 | Trading Platform
It’s a well-known fact that the quality of a trading platform can seriously affect your trading results. Luckily, you don’t have to worry about that here. 24option’s trading platform interface is very user-friendly, helping traders a lot: it makes trading secure and fast, and we all know how important is to react on time in this type of trading. There are four main trading modes you can choose between (Short Term, High/Low, Boundary and One Touch), plus you can trade with currencies (EUR/USD, GPB/USD, EUR/JPY…), commodities (gold, silver, copper…), stocks (Vodafone, British Petroleum, Samsung…) and indices. TechFinacials software is what powers this platform with absolutely spectacular results – not a single glitch, problem or anything similar was noticed during our time with this broker.
It’s very important to mention that 24option is also a CySEC-regulated broker. This guarantees the security of traders’ funds and personal information, so you can relax completely and focus on your trades. More on safety measures this broker has to offer can be found in our 24option Scam Report. We should also mention that this platform is also available as a handy app, so you can literally trade whenever and wherever you want! Stay with us, 24option Review 2016 has more to discuss.
24option Review 2016 | How to Deposit and Withdraw
As you would expect from a broker of this caliber, transferring money is quick, safe and very easy. There are various methods you can choose between to fund your account, such as credit cards (Visa, MasterCard and Discover), Skrill or wire transfer. You can also choose between various currencies – USD, EUR, GPB, RUB and JPY are your options here. The minimum deposit requirement is $250, a standard sum in the industry, whereas the minimum trade is $24. A great deal for this level of service.
As you can read in our 24option Withdrawal article, the withdrawal process is also very easy. Every time you use a new payment method, you will need to verify it, but once you do so you will not need to do it again in order to make a withdrawal. The documents you will need to send in order to complete the verification are a proof of ID (photo identification – passport, driver’s license…), proof of residence, and copies of both sides of your credit card. There is no minimum requirement for withdrawals made by credit cards, Skrill or Neteller. However, minimum limits apply for withdrawals made by wire transfer ($50). Your money will be on your account within three working days and we can confirm that this is indeed the case. We tested the process ourselves.
24option Review 2016 | Conclusion
To conclude our 24option Review 2016, we can honestly say that we are very satisfied with everything this broker offers. Safety of trading is always very important, and we think that 24option is among the safest brokers in this industry. They are regulated by CySEC and have years of experience, so there’s no way they will scam you. The company offers a wide variety of accounts you can choose between, meaning that all traders – beginners and veterans – can find something for themselves. Their TechFinancials trading platform will provide you with a great trading experience and will enable you to explore all trading possibilities with ease. You can deposit and withdraw your money quickly and you never have to worry about your money’s safety. We really think this is an opportunity no trader should miss. Trust our 24option Review 2016 and open an account with this broker today!
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