24option review

General Information

24option is another highly popular platform that offers Binary Options trading on the English-speaking markets. Although it has only around 50 underlying assets to trade on (for example Anyoption has over 80 trading assets) you will find there a wide variety of underlying assets: stocks, indices, forex, commodities.

As well as the other brokers, 24option provides you with the option to trade binary options in three different ways:

High/Low (standard binary options trading) – all that investors need to do is to choose an underlying  asset and then predict if the price of an underlying  asset will go up or down by certain time. Let’s say you chose Gold as an underlying asset and made a prognosis that by the end of the hour it will cost more. If your prediction is correct you will earn up to 81% from your investment. Meaning that in less than 1 hour you can make $181 out of $100. But if your prediction is wrong you will lose your invested capital. Meaning that you are going to lose you $100.

Short term (60 Seconds trading) – Investors needs to predict the underlying’s asset direction. If their prediction is correct upon the expiration of 60 seconds they will earn the predetermined payout that 24option offers. If not they will lose their initial investment.

100% payout – In this case investors have to choose their preferred underlying asset with any expiration, if their prediction is correct they will earn 100% of their initial investment. If not they will lose their capital invested.

Personal Feedback about Trading on 24option Platform

What I really like about this platform is a user-friendly interface that allows seeing all current levels of trading underlying  assets by groups. It makes process of choosing the underlying   asset very easy as you can see all of them at once.

Another good thing about this broker is that they provide users with quite a lot of useful information (like what is binary options and how to trade it, tips and trading strategies).

Overall impression after trading on this platform: easy and simple to use, different from others.

Open your free account with 24option now

*Trading Binary Options and/or CFDs involves significant risk of loss. CFDs are leveraged products and it is possible to lose more than your initial investment.

1 Comment + Add Comment

  • One of the most decent brokers that I have worked with. Really happy with their platform and customer service although not using the last one that much lately

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