24Option is one of the trading pioneers in the binary options trading platform. It was launched way back in 2009 and at that time it created a buzz in the industry. The company was previously owned by CBAY but currently it is owned by Rodeler Ltd. In December 2013 both the companies merged.
At the time 24Option was launched, the platform was found to be innovative and web based which provided investors with proper and simple tools with which they could conduct trade in options. The main idea of this trading platform was to make it different from the other binary options broking platforms. There are certain characteristic features of this trading platform.
Features Of 24Option Trading Platform
The assets were arranged from the ones having the shortest expiry time, like 30 seconds to assets that lasted the longest such as the end of the day. One could click on the high or low tab and check out all the assets listed as per their expiry time. The platform flaunted several assets, in which investors could trade in. With more than hundred assets to choose from, these were conveniently organized as per the expiry time in order to help investors make their choice accordingly.
There are several features offered on this trading platform that investors will find convenient to use. There are some traders who like to trade round the clock and in a matter of seconds as well as those who like to trade in a more conservative manner.
Most investors will find the In-the-Money return scheme to be beneficial as it allows one to get about 87% of their money back. Also, the platform allows investors to close a trade before the time period has expired, allowing investors to secure their profits for sure.
The average returns are 82%, which is a high return ratio as compared to other trading platforms.
Binary Options Regulation
For those who have qualms about the site not being officially regulated, they can put their doubts at ease. This platform is a valid binary options trading brokerage site as it is regulated under CySec. Due to the binary options regulations codes that exist, one can be assured of their trading being done in a legitimate manner and assured of returns coming into their bank account.
User Friendly Interface
The site is known to have a user friendly trading interface which makes it easy to understand the trading process and gain all the necessary asset markets related information in order to make an informed choice. There are live charts that are shown next to the assets and these can be seen by clicking on the asset. One can also check out related information on other sites that open up in a pop up window.
There is a comprehensive customer support section where all feedback as well as issues related to withdrawal are tackled. There are issues raised by the customer from time to time that can be found in their complaints and reviews center as well as on their forum and most relevant queries and resolutions can be found here.
Even though the trading options are higher, assets are organized in a convenient manner on the site as well as return guarantee rate is high. One inconvenient feature of this site is the high minimum amount that needs to be deposited when one wishes to trade on this site.
The site does offer the beginners an option to trade with virtual money, but at the time when beginners wish to trade for real, they will need to make a deposit of two hundred dollars which is a figure that is above the minimum deposit figure in other trading platforms.