10.7.2017 – 24option launched its FX and CFDs trading product several months ago as it has been officially preparing to leave the binary options industry since May 2017.
- 24option to “Leave Behind” the Binary Industry and Focus on FX and CFDs By admin July 10, 2017
- 24option denied Russian Forex license by the Bank of Russia By admin December 30, 2016
IMPORTANT UPDATE AND WARNING: We have received complaints and read many negative reviews on the internet about 24option possibly using indecent practice towards traders. Although 24option is regulated, we can not recommend opening a trading account with them.
24Option is a Regulated Binary Options Broker
24Option is regulated by CySEC: http://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37605/
24Option is Indeed Regulated
When you want to trade binary options, the first thing you have to do is look for a broker you can rely on. It does not matter how many great conveniences and specialties your broker offers, if it’s not a legit broker you will not get any of what you were promised. Among some of the best online brokers for binary options trading, there is 24Option. You will hear this name quite often while looking for the best binary options brokers. There are many reasons why you would prefer to with 24Option over any other broker out there.
First, 24Option gives you the peace of mind by being a regulated broker. You can trust 24Option because it is properly regulated under a license number 207/13. You can find it registered with some of the most renowned and trusted institutions of the binary options and financial world. If you visit their website you will realize that they provide their traders with all the good information they can. They have a very detailed website where you can find answers to all of your questions related to binary options trading in general and binary options trading specifically with 24Option.
First impressive thing about 24Option is its platform. This amazing platform is known for being one of the simplest and most user friendly platforms out there. It is intuitive and with its simple yet comprehensive interface even a first time user will not have any troubles with it. This platform gives you access to a huge number of assets in the market to trade on. If you are someone who likes to trade commodities you can trade commodities. You could also trade stocks, currency pairs, and other financial assets available on the markets. They even provide you with a list of the most popular assets for trading.
24Option even allows you some of the shortest trades possible in the game. If you are someone who likes to take small risks with small trades, you could go with a trade that spans for only as long as 5 minutes. In fact, there is another option available for you to start and finish your trade within only 60 seconds. For people who do not want to trade binary options in their purest form because of religious restraints, 24Option even provides Islamic binary options trading. The broker has made sure to be a broker for all types of traders.
There are 5 different types of accounts to choose from for any trader. Starting from the basic, the accounts go to diamond type, which is the most luxury account type. Despite the most basic account type, you get trading alerts with all types of accounts so you can make profitable trades. Access to professional charts is given to every single trader so you don’t feel left out as a new trader. By choosing the right account you can even choose to receive notifications and trading alerts on your emails and SMS. 24Option also have an iOS and Android application.