Benjamin Roussey rates this 4.5/5
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24Option Broker Review From: 247 Holdings Group Ltd.

High trading returns, efficient customer service, user friendly trading platform

High costs of fund withdrawal

One of the better online trading platforms for binary option trading. This is the premier choice for you if multi-asset binary option trading is your focus. Options Trading Broker Review - How does it stack up to the rest? is a leading online binary options trading platform. The platform has been developed by experienced professionals from the fields of forex trading and online marketing. The platform is owned and operated by 247 Holdings Group Ltd., a company based in British Virgin Islands.

The company promotes 24option as a platform that offers an optimal binary online trading interface, enabling the trade of a wide range of financial instruments. The platform’s advanced pricing algorithms make it possible to trade in such variety of financial instruments. Trading with 24option is equally suited for beginners as well as experienced traders and stands up well against the competition.

Multi-asset Trading

24option provides binary options on several globally traded financial asset classes including forex, stocks, indices, and commodities. In all the asset classes, the company offers safe and secure trading. It manages liabilities and exposures carefully with guaranteed payout of gains in accordance with its trading terms and conditions.

Three Binary Option Trading Instruments

24option allows three different binary option trading instruments, which include High/Low binary options, Touch and No Touch binary options, and In and Out Boundary binary options.

24/7 Multilingual Customer Support

24option trading platform offers 24/7 support to traders. If you experience any trouble with the trading interface, you can reach the customer service by phone, live chat or email. Support is provided in several languages, including Italian, Turkish, French, Japanese, Romanian, Spanish, and English.

Buy Back Options

The Buy Back option feature enables you to take out your money before the expiry of the binary option. This means that at any time before the expiry of the option, you will be able to receive your profits and withdraw the money.

Easy to Use Platform

24option is an easy to access and easy to use trading platform. The website is well designed and includes user-friendly trading features. FAQ section and trader manual are provided to help new traders familiarize with binary trading. Advanced support options and bonuses are provided for dedicated traders.

Excellent Payout

24option claims to offer the highest binary option trading returns in the market. It offers up to 85 percent and 350 percent (weekend-only) returns on a trade, depending on the type of asset you have chosen. The minimum deposit required to start trading is $200, and deposits can be made by credit card.

High Cost of Withdrawals

Binary options trading at 24option platform is available free of cost, but it costs to withdraw your funds. 24option charges $30 for wire transfers, electronic wires, and credit card withdrawals.

What Others are Saying

Few customer comments about 24option are available online, but they are largely favorable about the company. Editor reviews are consistently positive. Most review editors find the platform highly reliable and secure. Customer service is receiving plenty of appreciation and kind remarks. Withdrawal charges of this broker appear to be higher, but what attracts many people is the promise of highest market returns. The online trading environment of 24option is considered safe by most users and editors.

Date Reviewed: October 21, 2011, 12:16 pm
Reviewed by Benjamin Roussey
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