24Option is a great binary options broker and the reasons are many. Based in Limassol, 24Option is licensed by CySEC, but it serves the clients from almost all over the World. US traders unfortunately still cannot open an account with this broker. Not only 24Option is one of the first binary options brokers, but it is also one of the largest. Going for large players in the trading industry is always beneficial for you, find out more about it in this 24Option review.
24Option Binary Trading Platform
This broker has decided to develop its own custom trading platform for binaries to stand out even more from the competition. The platform is fast, slick and well designed. You can generally trade quite comfortably on any device. Even though the platform is custom, fxCritic suspects a heavy influence of SpotOption trading platform.
Most of the binary brokers can be subdivided into 3 categories, licensed in Europe, licensed in US and not regulated. 24Option is authorized by CySEC, a Cyprus authority which probably gives the largest amount of european licenses to fore and binary option brokers every year. There are many CySEC regulated binary options brokers, but 24Option also has quite some nice reputation as a cherry on top.
24Option Trading Conditions
You can trade a variety of markets with 24Option, such as: Forex, Stocks, Indices, Commodities and more. The minimum time span of an option starts at 1 minute and the maximum goes for weeks. This way 24Option is suitable for both, people that are looking for a little thrill or professional fundamentalists.
24Option Withdrawal and Deposits
What is the best about large binary options brokers is that they integrate a big number of payment systems. Small brokers will generally supply you with credit card and bank transfers. If you are looking for a special local payment system – 24Option is right for you. This broker has integrated over 20 payment systems, from international Skrill to local Dutch iDeal.
24Option Review Conclusion
fxCritic recommends you to open an account with 24Option for a few reasons. It is a licensed and reputable broker, so you will not need to worry about the destiny of your money. It offers a great trading platform that you will not be able to find elsewhere and also 24Option makes a wide range of markets accessible. Finally, depositing with 24Option is commission-free and easy. Take fxCritic’s recommendation and open an account with 24Option.