24OptionName:24Option WebSite: 24option.com Established: 2009 Country: Cyprus U.S. Clients Allowed: No
Fully regulated binary broker
Multi-lingual customer support
Excellent bonus offers
No US traders accepted
No demo account
A good solid platform with a wide range of tools for beginners and advanced traders, this is the general consensus for 24option. Many people have been choosing this site over many others due to its reliability and the chance to make a good stable income everyday. Only the most advanced technologies are used in the 24option trading platform, allowing you to trade confidently and successfully. We decided to work a little bit with the platform to get a complete picture of its strengths and weaknesses. Here are some of the things we discovered.
Ease of Use
The appearance of the main page for the official website of 24option makes one think about the solidity of the organization. The company’s management is undoubtedly able to separate the primary from the secondary. We saw a nice black background and white font that is very easy to read due to the contrast of colors and while this does not sound all that appealing we did find separating information to be rather easy. The site has a clear structure in regards to information sets. Somewhat lower, we quite easily found the convenient registration form and a few buttons for if you need to communicate with customer service.
Each user, once registered, can have access to regularly updated tables of the best deals, which further demonstrates the transparency of the broker. The homepage of the website also contains conveniently placed link-buttons that will let you navigate to any required information about binary options, including the conditions of the affiliate programs, and of course, about the broker’s trading platform.
The most useful tool which first drew our attention was the demo account option. There is however a “but” that comes next; you can only use the demo account if you have filled up your account at least with $200. But before we get bogged down by sentiments about not using it if you have already paid just remember that once you have deposited your required balance you can test out the demo and withdraw your funds again if you are not satisfied. We recommend that every user carry out an independent test of the platform using a demo account before you start trading with real money. This will allow you to understand the many aspects of dealing and trading with this broker and a better understanding of its “temperament”. 24option asset schedules are one of the best among binary options brokers. Unlike many of the others we have tried, 24option’s graphs can be represented not only in a linear form, but also as a candlestick, a small but significant difference. You can scale periods and use technical analysis functions. Professional traders will especially like this function.
The impressive selection of educational materials will allow you to fill in the gaps in your knowledge or enhance existing knowledge with the latest data and methodology. This is undoubtedly one of the finest advantages of the broker.
24option Trading Platform
Broker 24option has been operating in the binary options market since 2010. During this time it has twice changed the design of the trading platform. Many improvements have been made and new features introduced. The TechFinancials trading platform is the one used on the 24option site. A common and convenient tool for binary options, it is suitable for both beginners and professionals. The platform takes quotes from leading financial information providers and can be considered one of the most accurate on the market. Speaking of its merits, the platform is incredibly reliable and fast. Quotes are accurate and expiry time is fairly precise.
If we were to talk about the shortcomings, we noted a delay of a few seconds when entering the option while using a laptop. By the time our study was complete this issue had been partly resolved however this problem has not been fixed for the Ipad 2 as of yet.
24option Customer Service
The most important thing to note, when we talk about working with clients of 24option, it is the terrific chat. Its description says that it is available in 16 different languages. We were able to test its operation using five of them at random and were delighted with the results. What impressed us most were the invariably polite answers, rapid response and comprehensive information given to us regarding our difficulties and clarifications.
Phone support is also multilingual. There are codes for calls to and from different countries on the site, which makes it possible to find someone who not only speaks your language, but was born and raised in the same country. It is hard not to agree that it is very conducive to simplify communications.
E-mail is also available if someone wants to take advantage of this form of communication.
24option Final Thoughts
The 24option broker team undoubtedly consists of qualified professionals who are well versed in exactly what their customers want to see. The laconic style and expensive design takes you gently to the convenience of the trading platform and the list of available tools. This broker may be an excellent choice for traders with any level of experience and expertise.