24Option Review

24Option
No Deposit Bonus
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Overview

24Option is one of the most popular and trusted binary options brokers for investors from Singapore, having been one of the first dedicated binary option brokers to be established back in 2009.

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Details

Broker 24Option
Website URL www.24option.com
Headquarters CySec
Support Types Live Chat, Email, Phone, Call Back
Languages English, Mandarin, Indonesian, Spanish, German, Japanese, French, Italian, Arabic, Russian
Minimum 1st Deposit $250
Minimum Account Size $250
Minimum Trade Amount $24
Bonus No Deposit Bonus
Payout 71-85%*
Free Demo Account Open Demo
Regulated Yes
Regulation CySec
Commission Info Commisson Free
Deposit Methods Visa, Mastercard, Diners, JCB, AmericanExpress, Bank Wire, Western Union, Skrill
Number of Assets 150
Singapore Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 92/100

Pros

  • Regulated
  • Established
  • Over 150 Assets
  • Education Center
  • 24/7 Support
  • Easy to Use

Cons

  • Only 1 Free Withdrawal Per Month
  • High Minimum Trade Size

Full Review

24Option is one of the most popular and trusted binary options brokers in the world having been one of the first dedicated binary option brokers to be established back in 2009. 24Option are well regarded in the industry and are a CySec regulated broker which gives traders peace of mind.

24Option has listened to traders and recently increased the number of assets they trade to over 150, this is now one of the most extensive asset lists in the industry. 24Option gives traders access to 60 Seconds, One Touch/No Touch and High/Low binaries, with the added the ability Close Early on various products. Traders from Singapore will certainly not be disappointed with the range offered.

The trader education offered by 24Option is the best of all binary brokers with the methods of learning ranging from eBooks, on-demand interactive learning, tutorials, live online eCourse, trading videos and one on one training with your own dedicated account manager. Whether you are new to binary options or an experienced and season pro, 24Option really does have something for everyone.

The minimum deposit is $250, while the minimum trade size is $24, this is higher than brokers. Demo accounts are available for account holders so to access the demo you will need to open a live account first. Demo accounts are ideal for those new to binary options trading.
Upon opening an account all traders are allocated a dedicated expert account manager who assists clients with all aspects of the trading process, including market commentary and offers free one on one training. You will also get access to all the great educational resources available to 24Option account holders, as mentioned earlier these resources are the best offered by all the binary brokers. Support staff are also available via live chat, email or phone 24 hours, seven days a week.

Unfortunately like a number of binary options brokers 24Option only allows 1 free withdrawal a month, meaning you will be charged for making subsequent withdrawals in that month. Currently that is $30 for subsequent withdrawals. Withdrawals can take a few days to be cleared into a Singapore bank accounts.
What we really like about 24Option is that it is an ideal binary options broker for those new to binary options. It has a simple to use platform that is easy to understand, while the resources for learning and support cannot be beat.

If you want to explore 24Option further, open up an account, it is free to do so and you will get access to all the educational resources, a demo account and a dedicated account manager to help you become the best binary options trader you can be. If you decide to activate and trade on the account the minimum deposit is $250.

 

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