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 of Forex/CFD and binary options.
Automated Trading Software
Traders looking for only trading signals, and not an automated trading robot can get free trading signals, see here.
24options has regular binary options which they call high low options, with possible returns of 88% on successful trades. They 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.
24Option License & Regulation
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.
Outside of Europe, the broker is owned by Richfield Capital Limited which is licensed in Belize, number IFSC/60/440/TS/17.
As such, traders are required to provide full documentation 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.