All you need to know about 24Option
24Option is one of the first brokers that made their way on the market and has certainly grown to become of the most popular ones. One of the main reasons why traders appreciate this broker is because ever since it first launched its platform, it has tried to make everything more user-friendly and offer all its clients new methods to trade and as many assets as they need to be successful. In addition, 24Option has proven numerous times that it is reliable and always pays its clients in time whenever they wish to withdraw funds, thus making it one of the most trusted brokers on the market. Even though some may consider that its $24 minimum investment is quite high compared to other brokers, the fact that clients have the certainty that they will be able to recover their investment and withdraw their money successfully is enough to convince them to choose this platform over the numerous other ones available on the market.
Another major advantage offered by this broker according to any 24Option review you will find online is its demo account. This is something that every investor can appreciate, especially new ones who are not very experienced in binary options and wish to have the chance to practice a little without losing their investment. In addition, a demo account feature is also beneficial for more seasoned traders, because it allows them to get used to the platform of this broker and understand how to take advantage of all the features that it offers. As far as the bonus goes, 24Option offers a 70% bonus that can be cashed after trading it 50 times. Compared to other brokers, who also add in the amount you deposit initially, the trading amount only includes the actual bonus. This means that if you were to deposit $1000, you would receive a $700 bonus that you could cash after having exceeded the trading volume of $35,000 ($700 x 50). Many people feel that they need to lose 50 times before they are able to gain that bonus, but they should feel motivated to reinvest their earnings in order to reach a more impressive amount of money.
When it comes to making a deposit or withdrawing money from 24Option, the minimum amount that users can deposit is of $250, although those who want to make a wire transfer will have to deposit at least $1000. This broker accepts a wide variety of payment methods including, but not limited to Skrill, Astro Pay, WebMoney, Perfect Money, credit cards, wire transfer and many others. The minimum withdraw amount is $10 and can be done through the same methods for depositing. All in all, no matter what 24Option review you read, you will always find that this broker is not a scam and can be safely used by both beginner and experienced traders, as it offers a wide variety of assets to trade and many other advantages. Online platforms such as 10binarybrokers.com offer competent reviews to the most popular binary options brokers and robots of the moment.