An Overview Of Trading With 24Option
The binary options broker 24option is a long established broker that is generally regarded as one of the leading lights in the industry. In this review we cover some of the key features that this broker has to offer and some of the reasons why so many traders use this broker.
Of course key to the success of 24option has been the industry leading returns that it offers on an in-the-money contract. You can earn anywhere between 85%-310% on the contracts if offers. These are placed on its unique trading platform which is also provides a simple and understandable interface.
Other highlights of this brokers offering include the opportunity to close out of your positions before the specified expiry time which is a useful feature for those looking to preserve some capital if the market moves against them, but equally can be used to book a profit early.
New traders are also well catered for. If you are new to binary options and are looking for some additional resources to help build up your knowledge then you will find yourself well catered for with this broker. They not only provide you with access to a dedicated education center, but also provide a daily options outlook which highlights key market information each day. This is particularly useful in highlighting good trading opportunities in the upcoming trading session. Read on through this review of 24Option o find out more.
Of course key to the success of 24option has been the industry leading returns that it offers on an in-the-money contract. You can earn anywhere between 85%-310% on the contracts if offers. These are placed on its unique trading platform which is also provides a simple and understandable interface.
Other highlights of this brokers offering include the opportunity to close out of your positions before the specified expiry time which is a useful feature for those looking to preserve some capital if the market moves against them, but equally can be used to book a profit early.
New traders are also well catered for. If you are new to binary options and are looking for some additional resources to help build up your knowledge then you will find yourself well catered for with this broker. They not only provide you with access to a dedicated education center, but also provide a daily options outlook which highlights key market information each day. This is particularly useful in highlighting good trading opportunities in the upcoming trading session. Read on through this review of 24Option o find out more.
Broker Trading Conditions
The broker offers a huge range of assets which can be traded. These include all of the major Forex pairs, world Stock indices, commodities and global shares.
Contracts are offered on a number of timeframes including 15 minute, 30 minute, hourly and end of day. What is more there is an ever growing range of options contracts on offer which you can use to trade with.
These allow you to take advantage of not only higher or lower trading decisions but also to profit from a wide range of other outcomes on an asset price. The returns which are offered on these other binary contracts can be upto 310% with this broker. This certainly makes them worth looking into so that you can incorporate them into your strategy.
The full range of contract types available at 24option are:-
Call or Put
The standard ‘Call/Put’ option in available on all assets. This pays out the agreed return if you call the market either higher or lower that the price at which you enter the market. For a correct in-the-money contract you will earn up to an 85% return.
Touch or No Touch Option
These are a relatively new concept in online options and allow you to profit from predicting a level which you either do or don't think that a price level will touch before the contract ends.
Boundary
The boundary option is similar to the Touch/ No Touch but instead makes use of an upper and lower price level. Together these form a range. You must forecast if the price of the asset will finish inside or outside of the range at the designated expiry time.
Contracts are offered on a number of timeframes including 15 minute, 30 minute, hourly and end of day. What is more there is an ever growing range of options contracts on offer which you can use to trade with.
These allow you to take advantage of not only higher or lower trading decisions but also to profit from a wide range of other outcomes on an asset price. The returns which are offered on these other binary contracts can be upto 310% with this broker. This certainly makes them worth looking into so that you can incorporate them into your strategy.
The full range of contract types available at 24option are:-
Call or Put
The standard ‘Call/Put’ option in available on all assets. This pays out the agreed return if you call the market either higher or lower that the price at which you enter the market. For a correct in-the-money contract you will earn up to an 85% return.
Touch or No Touch Option
These are a relatively new concept in online options and allow you to profit from predicting a level which you either do or don't think that a price level will touch before the contract ends.
Boundary
The boundary option is similar to the Touch/ No Touch but instead makes use of an upper and lower price level. Together these form a range. You must forecast if the price of the asset will finish inside or outside of the range at the designated expiry time.
Other Key Features
Other points to note about this broker are the dedicated mobile trading app which makes trading on the move a breeze. This is available for both the iPhone and Android based phones and is freely downloadable if you want to check it out.
You might also be interested in taking up one of the range of different account types that are on offer.
While the standard account is going to suit the needs of most traders, you can also open both Gold and Platinum level trading accounts. These entitle you to free personal trading sessions with market experts, totally commission free trading (an extra 2-4% profit on each trade) and around the clock personal assistance.
To qualify for these upgraded accounts you will need to increase your initial deposit and maintain a higher balance in your trading account.
You might also be interested in taking up one of the range of different account types that are on offer.
While the standard account is going to suit the needs of most traders, you can also open both Gold and Platinum level trading accounts. These entitle you to free personal trading sessions with market experts, totally commission free trading (an extra 2-4% profit on each trade) and around the clock personal assistance.
To qualify for these upgraded accounts you will need to increase your initial deposit and maintain a higher balance in your trading account.
Account Management And Support
A key benefit of trading with this broker is that the deposit and withdrawal process is straightforward. In short, you can both credit your account and get to your money with ease, which is often not the case with some of the more shady options brokers that you find on the market.
There are a range of deposit options, including those that you would expect to find. Credit and debit cards are likely to be the most used methods to finance your trading but if you are looking to use other methods then you will be broadly well catered for. In addition you can fund your account byt he use of UKash, Moneybookers, Liberty Reserve and CashU.
Another nice feature that is worthy of note is that this broker will allow you one free withdrawal each month from your account. Subsequent withdrawals will however attract a standard processing fee of $30 per time.
You also get access to a wide range of support options including email and phone support. This covers ten different languages (English, French, Japanese, Spanish, Italian, Indonesian, Turkish, Arabic, Portuguese, and Romanian) making the broker truly international.
There are a range of deposit options, including those that you would expect to find. Credit and debit cards are likely to be the most used methods to finance your trading but if you are looking to use other methods then you will be broadly well catered for. In addition you can fund your account byt he use of UKash, Moneybookers, Liberty Reserve and CashU.
Another nice feature that is worthy of note is that this broker will allow you one free withdrawal each month from your account. Subsequent withdrawals will however attract a standard processing fee of $30 per time.
You also get access to a wide range of support options including email and phone support. This covers ten different languages (English, French, Japanese, Spanish, Italian, Indonesian, Turkish, Arabic, Portuguese, and Romanian) making the broker truly international.
Sign Up For A Free 24option Account Now
or go here - http://www.binaryoptionsinvestor.net/24option-review/
to compare with other to Binary Options brokers in these reviews and comparison.
or go here - http://www.binaryoptionsinvestor.net/24option-review/
to compare with other to Binary Options brokers in these reviews and comparison.