24Option is one of the largest and oldest binary options brokers. 24Option offers investors the Scipio Trading Platform, which is easy to use, and versatile for experienced traders.
24options has regular binary options which they call high low options, with possible returns of 88% on successful trades. A popular option type they offer is the boundary option. They also have the 60 second options, along with 2 minute and 5 minute options. They have over 100 underlying assets to trade, in all markets, including many Forex Options, Options on Oil & Gold, and a variety of stocks.
When we reviewed their most profitable traders of the month it was interesting what the big traders are trading on. In December the largest trade was placed on $FCUA (Fiat), followed by Corn, $JPM (JP Morgan), $EUR/USD, and then $AUD/CHF (Australia Dollar vs Swiss Franc), see more.
Their 24option trading platform is available in the following languages: English, Français, Deutsch, Italiano, Español, Русский, العربية, Português, Svenska, Nederlands, Norwegian and Polski.
The minimum deposit for new accounts is $250. The minimum trade size is $24.
Auto Trading Robot
Traders looking for only trading signals and not an automated trading robot can get free trading signals, see here.
The most popular incentive for traders, is their monthly trading competition, see here.
The trading competition for February 2017 had a first prize of $24,000 and a 2nd prize of $10,000. The winner will be the trader who makes the most winning binary options trades, see full contest details here. Since they are one of the largest binary options brokers in the world, they are the market leader when it comes to incentivizing traders.
As the official sponsor of Conor McGregor, they occasionally give away free tickets. (terms and conditions apply)
Just verify your account via SMS and you get a free trade.
When you are comparing binary options brokers, probably the most important item to check for is a licensed broker. There are many binary option brokers that are unlicensed and outright scams. A major benefit in using 24option is that they are licensed by CySEC in Cyprus. They are also registered with most European financial regulators including the FCA in United Kingdom, and CONSOB in Italy.
As such, traders are required to provide full documentation to 24Option when opening a trading account to comply with Anti Money Laundering laws.
24option does not accept traders from United States, Canada or Australia.
Address: Rodeler Limited, 39 Kolonakiou Street, 1st Floor, Frema Plaza, Ayios Athanasios, Limassol CY-4103
Phone Numbers; South Africa: +27 10 500 8042, United Kingdom: +44 161 960 0200.