24option Review for 2020 ++ Broker Rating

24option — Forex Broker Rating and Review 2020

24option offers CFDs/FX trading to novice and seasoned traders alike. Established in 2020, 24option offers traders an extensive education center, 24-hour support, quick account verification and personal account managers. Regulated by CySEC and registered with numerous regulatory bodies in order to provide their clients with a transparent and unique trading experience.

24option offers over 100 underlying assets to trade CFDs on, including exotic currency pairs, major commodities, popular stocks, indices and cryptocurrencies. The website and customer support is multilingual and is available on a 24/7 basis, always ready to solve any trading issues. 24option gives you the opportunity to trade anywhere, anytime, via their innovative platform, scipio, or MT4 on either desktop or through the downloadable application and also offer traders a 24option app to ensure you are always connected. Once registering to the platform and completing a financial knowledge questionnaire, traders will gain access to a 10K funded demo account that demonstrates all features available on a live trading account. The minimum deposit is $250, they offer competitive spreads and have leverage options up to 400:1.

Any trader, whether they’re professional or a newbie in the financial markets, is capable of using 24option’s services to enhance their trading experience. 24option allows deposits in numerous currencies and methods such as, credit/debit cards, wire transfer, moneybookers, Neteller, Skrill and Webmoney and offers next business day withdrawals.

Forex/CFD trading involves substantial risk and may result in a loss greater than the invested capital.

24option trading information

24option — Latest Reviews and Comments 2020

24option does not comply with any laws or solid regulators. They wave everywhere their license of Belize, and in fact this license and this regulator are nothing! My deposit was brazenly emptied, the quotes are not true, which means that my transactions were not really brought to the market. I have all the evidence of fraud. I am waiting for the company to respond to my claim and peacefully resolve my problem with them. Otherwise, I will apply for chargeback at least. Other actions will not be voiced. I hope that the problem will be resolved peacefully.

Tatiana 10 July, 2020 Reply

I’m glad I was able to recover my funds, I would have had to file for bankruptcy. I was able to get a hold of these scam brokers and take back my money. I would gladly refer anyone.

Ash Jo 23 October, 2020 Reply

I use 24option for only FX trading. 24option has the best customer service of any financial organization in Cyprus, which is the primary reason I use them for so much of my investments and is my primary online trading. I also have subscriptions set up for ongoing trading signals so these signals are automatically copied to my account, and includes additional benefits. I also like being able to make research at my convenience from my comfortable chair at home while learning recent market reviews and publications. I have also been a member of 24option forum for the past few years and enjoy all the benefits like free analytics, webinars, and eLearning courses. Overall, I think 24option is the best broker!

Baby Pips 13 January, 2020 Reply

disgusting experience with it, my brother fell heavily in debt cause of them. I’m trying to hire a lawyers now to help him, half a year as they still refuse to retrieve his money

Adrian 16 August, 2020

HotForex is continuously establishing its position as a market leader and offers great trading conditions and competitive advantages to its clients which include – but are not limited to: tight spreads from as low as 0.1, flexible leverage options, top fund security measures, multiple account types, free educational resources, access to daily market analysis and many more!

It’s a bullshit. what you gonna do is to lose all your money here and never get them back. They promised to give me 50% bonuses on account if i deposit my first $2000 on account. I’ve tried to withdraw funds after that but they don’t give it to me. Moreover, I had phone calls from managers asking me to make additional deposits. They use aggressive marketing and force you to bring more money. More and more… It means they make money when you lose money. That’s what it is. I will make complaint against this company. They don’t deserve a dime.

freeandclose 1 July, 2020 Reply

Intuitively simple platform. Many assets in access for trading. No problem if you never traded binary options before. Just watch webinars and take courses on trading strategies, which gave me solid background. Not enough? They also give you trading signals for free! I saw some negative reviews on this broker but don’t trust them. You can trade binary options and everything you need is already on the platform, including five types of trading accounts.

Al972 15 June, 2020 Reply

My trading with the company turned out to be completely ruinous. Either I was not ready enough to trade binary options or the broker manipulated something but I have lost the depo in less than no time.

Chris 7 March, 2020 Reply

Spread widens frequently, Poor customer support, Wide spreads, Unstable platform. Everything is negative about this broker. I should have not deposited even a single cent here.

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24option Broker Review

Most retail CFD accounts lose money. Your capital is at risk.

Summary

24Option started life as a binary options provider but now only offers CFDs for Forex, Commodities, Stock and Indices. Regulation is poor, with oversight from the Belize IFSC only – meaning that 24Option is not permitted to take clients from Europe and a number of other countries.

The minimum deposit at 24Option is 250 USD, and support is provided for its proprietary web-based trading platform as well as MT4. Spreads are relatively wide for a market-maker of this type and educational material is restricted to active traders.