24Option Review
Reviewed on Nov 3, 2015 by Scam Broker Reviewer
24Option is a Binary Option Broker owned by Rodeler Ltd . 24Option is located at 39 Kolonakiou Street, Ayios Athanasios, Limassol CY-4103. Rodeler Ltd received their CySEC license as a regulated broker on July 11th 2013. 24Option has also registered with CONSOB in Italy, BaFin in Germany, AMF in France and the FCA in the United Kingdom, see here .
24Option Special Offers
New traders get a Risk Free Trade by signing up here. or to get a 100% Welcome Bonus, register here .
Traders interested in Free Trading Signals should register here. (terms and conditions apply)
24Option Platform Review
24Option uses the Tech Financials trading platform. They have the most currency pairs available for trading! Watch this video review of 24Option. showing traders the 24Option trading platform and various options they offer.
Traders have over 100 assets and currency pairs to trade binary options with 24Option. Another reason 24Option has become one of the most popular brokers worldwide is their many deposit options. International traders have the option to use Skrill, Webmoney, Sofort, Qiwi, AstroPay, and more.
In case you are wondering what is the maximum trade size at 24Option, the limit is now $100,000 per trade! Their minimum trade amount is $24. Minimum deposit is $250.
New Mobile App Promo They are now giving you $24 Free . Traders should download the Android app here or the iOS app here. Once you have registered your new account, you should see the money.
Trading Competition
24Options November 2015 trading competition is from November 1st 24th . The grand prize is a raffle for a private island. There are 3 ways to get tickets for the raffle. 1. Receive one ticket for every $1,000 deposited into your account. 2. Receive a ticket for $100K trading volume. 3. Receive tickets by ending up in the top 30 list of traders (based on trades over $100) for the duration of the content.
It is a very exciting competition / raffle, and also a bit complicated so read full details here .
24Option Licenses & Regulation
What we look for in binary option brokers to determine if they are a legit broker or a scam broker is very simple. Did a regulator body like CySEC in Cyprus give them a license and do they fall under the MIFId regulatory rules in the European Union (EU)? Are they registered with the Italian CONSOB or the German BaFin or the Finanstilsynet (The Danish FSA)?
24Option was owned by CBAY before they merged with Rodeler Ltd in December of 2013. They are a financial services company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC ) under license no. 207/13.
When choosing a binary option broker it is always important to check the list of licensed brokers here. to see if the broker is licensed by a government regulatory agency. The benefit of using a broker like 24Option is that since they are regulated . if you have a complaint about 24Option, you can just go here. fill in the form, and it goes directly to their regulator CySEC. Click here to view details of 24 Option Regulatory Oversight. 24Option is a member of the Investment Compensation Fund. This gives traders protection of up to 20,000 euro in the event that the broker cannot fulfill their obligations.
This means that 24Option is a legitimate binary option broker. 24Option is not a scam broker!
Compare 24Option
If you already have an account with 24Option, and you are looking for another broker to trade with;
Banc De Binary (read review ) is a popular broker worldwide. They are most popular with traders who use the automated trading software called Binary Option Robot, see here .
High Low (read review ) is the most popular Australian licensed broker. Minimum deposit is only $10, and their platform offers up to 200% returns, see more .
TopOption (read review ) is licensed in Europe and South Africa. They give you free trading signals, see here. and they use the KeyStone trading platform, see it here .
There are many brokers to choose from, see the Top Rated Brokers here .