Review of 24Option Binary Options Broker

24option logoNot all binary option trading platforms are created equal. Some platforms are better than others, and one name that is popular is 24Option. If you want to know whether or not this platform is any good, then read this review first.

Pros

One of the best things about 24Option is that there are quite a few commodities that you can trade. Some of these commodities include gold, silver and more. Another pro is that this platform has a very large list of currency pairs. In matter of fact, the list of currency pairs that 24Option offers may very well be the largest in the industry. Asides from that, you could even get up to 89% profit.

There are a lot of different stocks you can choose from, and some of these stocks include Google and BMW. Indices such as the DAX, Nasdaq and S&P500 are just a few of the indices you can trade in.

Perhaps the best thing about the platform is that they have an education center section that is available on their website. This is where you can learn about the basics of trading binary options. What is even better is that 24Option is newbie friendly, so if you have never traded binary options before, then 24Option is a good place to start.

When you join binary option trading platform, then it is important that you have access to great customer support, and you get that with 24Option. There are a number of ways you can receive customer support, and this means that if you have a question or concern that needs to be addressed, then you can count on them being taken care of as soon as possible.

To sum up the pros, they include:

  • Various commodities available to trade
  • Large list of currency pairs
  • Trade various stocks and indices
  • Education center
  • Newbie friendly
  • Great customer support

Those are just a few of the pros that 24Option has to offer traders.

Cons

As mentioned in this 24option review from binaryoptionboss.com, this binary option broker does have a few cons, but they are not major ones and shouldn’t be enough to discourage you from trading on the platform. There are two cons, with one of them being that US traders are not accepted. If you’re from the US, then you cannot join and trade. Also, the minimum deposit you have to make is $250.

As mentioned above, the two cons are:

  • US traders are not accepted
  • The minimum deposit amount

Just keep in mind that no trading platform is perfect, and all platforms have cons.

As you can see from the above review, 24Option has more pros than cons, and it may be worth it to join and use this platform. It may be the best trading platform today.

dawp / September 18, 2015 / Binary Options