|Minimum deposit||100 GBP|
|Minimum trade||24 GBP|
|Maximum trade||100,000 GBP|
|Mobile App available?||Yes, for Android and iOS|
|Demo Account available?||Yes|
|Signal Service available?||Yes|
24Option is an online broker where you can purchase binary options based on commodities, indices, equity and foreign currency pairs. 24Option also offers CFD trading and Forex trading (per pip).
24Option is a popular choice among advanced commodity binary option traders, including high-rollers. Here are a few of the reasons as to why:
The trading plaform is easy to use and sports a clear layout. You start by either selecting a class or category for underlyings (e.g. commodities) from a drop down menu, or by selecting the underlying directly from a list. Once you have selected an underlying, it is very easy to proceed and adjust parameters such as expiry time and trade size.
24Option has one mobile app for Android and another one for iOS. The apps are easy to use, with a very clear interface suitable even for small mobile screen.
Several different banking methods are accepted by 24Option. The minimum deposit is 250 GBP.
With a Standard 24 Option Account, no withdrawal fee is charged for your first withdrawal. For the following withdrawals, you pay a withdrawal charge based on the fee associated with your selected withdrawal method. Some methods will therefore be more expensive to use than other.
With a Gold or Platinum 24Option Account, you will be allowed to make more withdrawals without paying any fee. It is one of the many perks associated with being a Gold or Platinum member.
24Option is operated by the company Rodeler Limited, which is headquartered on Cyprus. The firm is regulated by CySec. Rodeler Limited also have offices in several other parts of Europe, including Ireland. The London office is no longer open.