24Option Review: Is It Worth Your Time?

24Option is one of the newest programs available for binary options trading. The company started in 2010 and is owned by Mika Holdings Inc. who also owns optionFair. 24Option is extremely similar to optionFair because of this.

Everything from the Internet

The program only works from the internet. There is no way of downloading it onto your computer or using a mobile platform to help when you are on the go. This can limit some users since they always need to have an internet connection to be able to make put or call options on various markets. It increases the need to have robots make decisions for you when you are away or asleep if you want to continue to make money.

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Popular for Beginners

Since the website is relatively new, there is still some work that needs doing on it. This makes it a popular option for those looking to learn more about binary options trading. The website is user-friendly and everything is easily accessible. As users gain the experience and skills needed, they may start looking for programs that have more detail to them.

There is a Trader Manual on the 24Option website, which is also perfect for beginners. It helps people get started – not just with the website but with trading in general. The manual can help to cut down some of the risk involved in options trading.

Languages and Assets

Unlike some platforms for trading, 24Option is available in seven different languages. This is perfect for traders all over the world as there is no need to learn a specific language to make a decision.

There are 23 different assets to trade in. This is smaller than many other platforms available but is perfect for those just learning binary options trading. There are options to set the expiry by the hour, day or week.

Bonus Schemes Available

Bonus schemes are regularly shown on the website’s homepage and are available for everyone. This helps to increase the amount of money a customer can make. The schemes are shown in two different places to make sure that users will not miss out on them.

24Option is an excellent platform for beginners. There are trading manuals available and limited assets to help get started with. The platform is relatively new and still needs to grow so it may not be the best option for professional traders.

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