24Option is a broker with an established reputation and a long history of its work. It was established in 2010. Legal entity Richfield Capital Limited is considered to be an owner. The company is becoming an international due to offices in different countries. It is oriented on providing suppliers with access to financial markets and trading of currency pairs, CFDs and cryptocurrency. Earlier the company was proposing service of trading the binary options but today this department is already closed. And the total number of current financial instruments is above 150.
An independent company IFSC (number of license 60/440/TS/1517) is considered to be a key regulator.
Services of the 24Option company for trading
This broker is having a classic format of dividing clients by their financial opportunities. Five accounts are divided by categories due to minimum deposit. Each category despite the last one is having own limitations.
• Basic
• Silver
• Gold
• Platinum
• Diamond
Minimal deposit of this broker is 250$. You can deposit funds to account by means of bank transaction with the help of a VISA or MasterCard. The alternative is e-pocket PayPal and Skrill. At the same time, the broker guarantees that funds will be added momentarily without any delayed processing of applications.
The owner of the smallest deposit doesn’t get the individual course of education of trade platform Metatrader 4, as well as the access to tutorial material on technical analysis and forecasting. But even having a minimum deposit the client has the right to use services of personal manager to get the consultation. The cent account is not available. Bonus deposits and privileges are available for clients who deposit more than 2500$. And this is oriented on experienced traders and investors.
Which platforms are available for trading in 24Option
Right from the official website, you can go to Web-terminal for trading. The platform is available from the “Trade” section even for those users who haven’t opened an account. Apparently, it was done to see and test opportunities of the platform. The website, as well as the platform, is translated into Russian, English, and Spanish.
Functional of the web-platform is very simple even though the interface is pleasant for an eye.
Additional instruments are not available, this is why you can not apply the analytics here. You can do this only by means of additional services and the Metatrader 4 platform. It is also available in a desktop variant with the downloading on a computer and mobile devices.
Analytics and training
The 24Option broker is not losing the opportunity to train potential clients of trading.
Several options of materials are suggested for this:
• Record of webinars and seminars which were held earlier by experts of the analytic department of 24Option;
• Analytics of markets (economic calendar, daily trade overview, Trading Central service)
• Video materials for newcomers;
• Individual training for owners of Gold status and higher.
• All materials despite individual training are available for users limitlessly.
How to open an account in the company
To become a full right client of the broker and start trading on financial markets, you have to go the registration and verification procedures. While inserting data you have to make sure of its correctness. Otherwise, the verification will be impossible in the future, and you won’t be able to withdraw funds. A demo account will be available after registration till them moment you deposit real money.
Conclusion
The 24Option is a broker with basic opportunities for stable trading. The company is not having any negative reputation, and the presence of the regulator is making it reliable and stable in its work. Out of the disadvantages, you can see the absence of invest programs. But the company is oriented exactly on trading and giving its clients access to all possible analytic materials and developed trade terminal.
The company website is having a modern interface translated into several languages. It allows reaching the target audience from different countries. The legal entity is registered in Belize. It is an offshore zone where many large financial companies are working.
One of the characteristics of the company is its vector of work. On the official website, you can see a highlighted phrase that the broker is not giving any consultations about trading decisions. It means that risks are upon the client. And it is oriented on those clients who are highly interested in objective transparent conditions of the access to trade markets.
The support service is working good. The most number of requests are coming through the online chat and the medium time of the reply is not higher than 5 minutes. And you can ask in Russian, English and Spanish languages.
