24option is one of the most used binary options brokers. 24option claims to offer unique features that can help you become a more successful trader. In this review, we will discuss these features and try to find out whether 24option is the right broker for you.
Reasons to choose 24option
1. Real market price, no fees or commissions
One of the most significant advantages of 24option is their pricing system. While many other platforms use their own version of the market price, 24option uses a direct feed from Morningstar to power their system so you can be assured that the price on their platform is the actual market price.
2. Higher limits = higher profits
24option offers it traders the industry’s highest limits of $200,000 per trade so you can earn maximum profits in minimum time. This is an invaluable advantage for traders looking to invest more money, either because they have a bigger account or they are willing to take more risk. For risk-averse traders or traders with a smaller balance the bigger limit leaves them with enough room to expand their investment once their bankroll improves.
3. Highest payout
At 24option, you can earn up to 89% on every trade. Your success as a trader largely depends on the payout you get with every winning trade. Getting an 89% payout is the easiest and quickest way to improve your results.
4. Trade wherever, whenever!
24option offers a mobile application you can use to trade wherever you may be: work, home, or on vacation. The application works with iPhone, Android, iPad, Blackberry, Nokia, or any other mobile device.
5. Video Center
If you are still looking to improve your trading knowledge, 24options offers hours of videos on binary options in their own video library. Trading tips, portfolio management, and a tour of the 24option platform!
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Review of 24option
24option is the industry’s leading binary options platform. One of the main goals of 24option is to give its traders the tools and strategies that they need to succeed. This goal has been achieved by offering everything from an array of tradable options to the most profitable assets in the market.
24option has built a platform designed to educate its traders so that they can profit more effectively and with confidence. Whether you trade using the High/Low option or 24option’s new 60 and 30 second options you can earn maximum amount of profits in minimal time.
Why are binary options so profitable? Binary options are profitable because you aren’t purchasing the asset; rather you are investing in your prediction about that asset’s market price. So you can invest as much or as little as you would like, you control your risk. Binary options are also popular because you know exactly how much you can earn before you invest, so there are no hidden surprises.
24option’s limits of $200k per trade mean that as a trader, you can earn more in less time. Just remember to stick to your money management and not invest more than you can afford.
The minimum deposit of $250 allows you to open an account with very little cash, which is a great feature for new binary option traders.
With up to 89% payout on every trade you can start earning more with binary options from your very first trade. 24option’s diverse folder of assets means that you can invest on an asset that you know and understand and use your knowledge to earn with binary options.
24option’s trading platform offers up-to-date technology so that every price quoted, every trade executed, and every profit earned in one of the most secure platforms on the web. With real-time market data, you can be sure that your asset’s market price is accurate to the second. While other platforms might try and hide the market price, 24option uses real-time data to ensure that your trade is as transparent as possible.
While many platforms try to wow you with high payouts and low limits, 24option gives you the option to truly profit from binary options. Their advanced platform combined with their high limits and high returns means you can succeed in your binary options career with 24option.