WHY 24OPTION IS GOOD
Scam! This is what you call a number of binary options brokers. If others are not scam then they simply suck. 24Option does not belong to the Scam or Suck option mainly because it is listed in an exclusive line up of well respected and inspirational brokers. Its good repute is made possible by its capacity to repel any scam suspicions through CySEC regulation. What’s more about 24Option is that it has a user friendly platform for trading and it also has quality customer service. All of these amazing features make it a trustworthy broker.
WHY 24OPTION IS BAD
There are not too many bad things to say about 24Option. One uncool thing about is that it has a short asset list and expiry times are a bit lacking especially for those advanced traders. Moreover, an unfortunate note for its American clients, it will not serve clients in the US anymore because the EU now has strict regulations. What’s good news for EU may be bad news for US clients.
A PIONEER IN BINARY OPTIONS: 24OPTIONS
24Options launched in 2009 is among the pioneers in Binary Options. Every since it was established, it has innovated a totally web based platform called TechFinanciel which has been slowly and smartly growing there by offering investors correct and easy to use tools necessary for trade options. The basic thing on 24Option’s platform is that it is a bit different from most binary options brokers since assets are organized from the least expiry time which is about sixty seconds to the longest which is right about the end of the day.
In the platform, traders can click High and Low tab and then assets lists organized per expiry time appears. First assets are those that have shorted time expiry while the last are usually those that expires last or at the day’s end. Traders can also simply select stocks or idices to look at assets selected. Such assets will show from the shortest to longest expiry time. This platform is ideally so easy to use as compare to other platform out there. When you become familiar with its TechFinanciels platform, you will realize that it offers better answers for a majority of investors (round the clock traders and conservative traders). These kinds of investors will realize that the in the “In the Money” return can be very satisfying having as much as eighty four percent in the money and fifteen percent out of the money refunds. There can be an eighty percent average returns and ten percent tin match. These are truly enticing returns this making 24Option a top choice in Binary Options.
The only negative thing about is that it has a 24$ minimum investment which is very high. However, in some Binary options this shifts from one asset to another which can be very limiting for novices. Nonetheless, 24Option also offers a demo so that beginner can practice trading on virtual money and then invest for real when they have mastered it. As for beginners, 200$ is the above average minimal deposit which can be a slight downside for them.
24OPTION: SCAM OR NOT?
The fact that 24option is CySEC regulated makes it reliable enough. When regulated by CySEC that means that cash deposited to providers is really safe. These regulations are the primary reasons why 24Option was included to the short list of brokers that are not scam. However, this doesn’t meant if it isn’t scam then it doesn’t suck. But do not fret because 24Option does not suck and it’s not a scam. To begin with its interface is of top quality and navigation is hassle free. Trading process is also vey user friendly and there are even live charts readily available. For example, when traders want to closely look at assets, they do not need to look at other pages because a small window will pop up from an easy click on assets.
All of its amazing advantages are what makes 24Option an awesome binary option broker. Although it has not quickly cope up with the fast upgrades of the industry but there is a huge room for great improvement. Other brokers may seem to be very up to date and modern but with 24Options simplicity, clients can have a great time using and understanding every aspect of it. It has made a notable step in being one of the best.