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  • 24 Option Broker Review

    If you’re looking for an intuitive broker that offers CFD trading on a variety of underlying assets, 24option is a great choice. Founded in 2012 and based in Cyprus, 24option has developed a great reputation being one of the market leaders over the course of its lifetime. Great customer support and a commitment to the best possible user experience has always been at the core of the company.

    What is 24option?

    24option is a brand owned by Rodeler Limited, which is based in Cyprus and falls under the jurisdiction of the Cyprus Securities Exchange Commission (CySEC), licensed and authorised under the CIF licence number 207/13. The company provides its services in the European Economic Area (to jurisdictions that allow the provision of such services) and Switzerland, while traders outside of the EU can use 24option through a Belize regulated Company, Richfield Capital Ltd which belongs to the same group with Rodeler.

    Trade CFDs

    24option began as a binary options broker, but now allows traders to trade only CFDs on over 200 underlying assets in all major asset classes: forex, commodities, stocks and indices.

    Trading Platforms and Demo Account

    24option offers web-based, mobile and desktop trading platforms. 24option has also developed a unique and user-friendly Webtrader platform featuring online charts, analysis tools and a clear layout, alongside the ability to apply stop-loss, take-profit and other types of limiting and pending orders. With an economic calendar integrated into the trading interface and daily market updates, traders can stay up-to-date on important market developments around the clock.

    In addition to the Webtrader, traders who are familiar with the MetaTrader platform can easily download and install 24option’s MetaTrader 4 and enjoy all the functionalities that this leading desktop-based trading platform provides.

    24option also offers iOS and Android-based mobile trading apps for traders who want to trade on the go, using their smartphones or other mobile devices. Traders can now check live rates, place, modify or close orders and view their trading history all on their mobile devices.

    To suit the needs of any trader, 24option offers different types of trading accounts with varying amounts of features and services. Traders can also apply for a free $10,000 demo account so that they can familiarise themselves with the trading platforms and practise trading before opening a live account. (Conditions related to the provision of the demo account are subject to change by the Company. Please contact your broker for up to date information).

    Trading Central* and a Comprehensive Education Centre

    24option has established a partnership with TRADING CENTRAL – a leading financial research house that offers professional market analysis. 24option traders get free access to TRADING CENTRAL’s mirror site, a powerful tool with technical analysis reports, forecasted volatility, price patterns and trading alerts.

    In addition to the free demo account, 24option’s comprehensive Education Centre is another great resource for traders who want to further develop their trading skills. The Education Centre includes a variety of materials for both less experienced and professional traders. A well-rounded Video On Demand (VOD) library and regular in-depth webinars on trading may be available for you as well as a financial glossary and daily market reviews – with the potential to expand your trading knowledge.

    Platforms: 

    • MetaTrader 4

    Platforms: 

    • MetaTrader 4
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