UPDATE JULY 2017: 24Option is no longer offering binary options trading
24Option (www.24option.com) is one of our favorite binary brokers of all time. Respected in the community with fair trades and competitive payouts. They sponsor some of the largest sporting names in the world and have a huge brand recogonition. You should be trading binary options at 24option.com.
- Official Website: www.24option.com
- Headquarters: Limassol, Cyprus
- Phone Number: 357 25 262789 use the contact us page for a phone number in your area
- Email Address: [email protected]
- Trading Platform Used: Tech Financials
Is 24Option a Scam? – Complaints for 24Option.com Broker
24Option.com is legit. We are confident in saying that 24option is a legit broker with a positive reputation in the industry from the traders and business partners side. As a matter of fact, 24Option has one of the best reputations in the binary trading industry. 24Option is well trusted by BinaryOptionsBlacklist.com.
Is there A 24option Scam To Know About? What’s Up With The Complaints I see?
The two biggest problems we see traders have with 24option are:
– 1. Many traders believe it is easy to make money on binary options trading. They think they can easily make cash following a basic ABC system or strategy that is unlikely to work.
– 2. The second biggest complaint about 24 option relates to the 24option bonus offer – If you deposit $2500 they will give you a 50% bonus match. There are strings attached to this bonus. People do not read the terms and conditions and get stuck not being eligible to withdraw until the bonus is cleared. The 24option bonus scam complaint is the most common complaint you will see online. . People accept a bonus offer blindly and do not read the terms and conditions. The bonus offers at binary brokers comes with strings attached. Big strings. This is not 24option’s ‘fault’. It is the traders initiative to fully read and accept the terms and conditions.
-3. A 4-5 second delay once entering the trade with requotes. Some traders complain of missing their entry points because of 24’s trading platform not letting the trade go through. This is a common feature of the platform and you need to be aware of it when trading. This can be especially challenging when you are trading in the 60 second options.
Our general rule of thumb is refuse any bonus offers unless you completely comfortable with the clearing requirements. And that goes for all brokers.
24option home page. Risk Disclaimer: “Trading Binary Options involves substantial risk and may lead to loss of invested capital”
Deposit Info – Minimum 24 Option Deposit & How To
- Minimum Deposit: $250
- Deposit Methods: Credit Card, Electronic Payment, Wire Transfer
- Credit Cards Accepted: Visa, Mastercard, Dinners Club, JCB, Carte Bleue, Dankort, CartaSi, Laser, Discover
- Electronic Payments Accepted: Liberty Reserve, MoneyBookers, MoneyGram
- Minimum of $1000USD for Wire Transfer
Range of Returns Matched With Types Binary Options Available To Trade At 24option
- Minimum trade = $24
- Types of Options: High/Low, Above/Below, Touch/No Touch, High Yield Touch, Boundary, High Yield Boundary, 60 Second
- High/Low Payout Percentage: 70-88% per successful trade
- Above/Below Payout Percentage: 220-360% per successful trade on weekend trading – Carries higher level of risk
- Touch/No Touch Payout Percentage: 70-77% per successful trade
- High Yield Touch Payout Percentage: 200-350% per successful trade on weekend – Carries higher level or risk
- Boundary Payout Percentage: 65-76% per successful trade
- High Yield Payout Percentage: 200-350% per successful trade – Carries higher level or risk.
- 60 Second Payout Percentage: 70-79% per successful trade
RISK WARNING Investors can lose all their capital by trading binary options.
24Option Bonus Info & Details
If bonuses are still something you want to try out you may find it beneficial to know that 24option does offer a bonus.
- Up to 100% Cash Bonus (terms and conditions apply!)(I want this bonus!)
Remember, the bonus t’s and c’s cause headaches with traders who are not aware of th
is. This is the 24option scam that many complain about, and it is because of accepting bonuses.
If you refuse any bonus offer then you can make a deposit, make a few trades and withdraw your balance if you wish with no questions asked, quick and easy. If you accept deposit bonuses then you have tied yourself into requirements that you must now meet before withdrawing. All binary option deposit bonus offers come with strings attached. 24option or not. By taking the optional deposit bonus you are virtually guaranteeing yourself that you are not going to be withdrawing your money anytime soon. You have to roll over (meaning trade the amount) of your deposit, your deposit bonus and often any winnings on your bonus just to start. As a matter of fact, any profits gleaned from bonus money, in any fashion are not even eligible to be withdrawn. Be sure and read the T’s and C’s very carefully when deciding on whether or not you want to take a bonus.
Should you ever take a bonus?
Sure, if you are comfortable with the bonus offer and believe you can successfully trade profitable enough in order to clear the bonus then by all means take the free money! Or, if you are just gambling and having fun, take the money!.
You get a nice addition to the bankroll and you can trade to your hearts content. If you just want to get the most entertainment bang for your buck and get plenty of bonus money to trade with then take the bonus.
If you are looking to deposit and withdraw your funds in a timely manner then you need to decline and REFUSE all bonuses 100% of the time as they come with strings attached. This is standard bonus offer practice in the Binary Options world. The reason is because many, many of the players in the binary options industry come from a background of gaming. And in gaming, bonuses are the norm and the strings attached are from lessons learned from casino bonus abusers of the past.
Can You Make Money At 24Option Really?
If you are wondering if you can really make money on 24 option then the answer is yes you can. That is not a scam. You can make money trading binary options at 24option and they are one of our favorite sites to trade at. They offer fair trades and historically a legitimate binary broker. This does not mean it is simple or easy to make money.
Some of the ‘how to make money online guides’ recommend trading binary options as a quick and easy solution. If you believe you can easily win trading binary options over the long haul just by getting lucky you are probably going to be You are going to be sorely disappointed. Similar to poker, it is not luck based to win over the long term. There are smart trades and there are bad trades. Sometimes you make a bad trade and get lucky and sometimes you make a good trade and get unlucky.
Similar to poker in this aspect, it takes knowledge, skill and execution to make money at 24option.
What Can You Trade at 24Option.com? – The Assets Available to Trade
Currencies – Binary Forex Pairs
- Euro-Japanese Yen
- Dollar – Japanese Yen
- Pound – Japanese Yen
- Pound – Euro
- Euro – Pound
- Australian Dollar – USD
- USD – Canadian Dollar
- Euro- Turkish Lira
- Swiss Franc – American Dollar
- American Dollar – New Turkish Lira
- British Petroleum PLC (BP)
- Barclays PLC
- Google Inc
- Apple Inc
- Telefonica SA
- France – Telecom
- Societe Generale
- Dow Jones
- Nasdaq Composite
- CAC 40 Future
- S&P 500
- Nikkei 225
- SMI Future
- MIB-30 Future
- Nifty Future
- ASX 200 Future
- Hang Seng Future
24Option News & Important Info
We constantly add to and update this page with links to relevant information about 24option.com. It is a great idea to bookmark this page now and check it often.
24Option Introduces 60 second binary trades – our favorite broker has began rolling out the 60 second binary options where you can trade the shortest term and arguably the most exciting style of binary options online.
RISK WARNING Investors can lose all their capital by trading binary options.