24 Option binary options broker is one of the oldest and most reputable. Sadly they no longer accept new Binary Options customers at this time. Your funds are secure as they are licensed and regulated. Trade execution is fast and navigating for your trades is easy. The dark theme is also easier on the eyes. This broker no longer accepts new customers for Binary Options but if you have the budget for trading $24 1st entries they will be great for the BOIS System.
Founded: 2009
Payouts & Time Frames: Payouts vary by pair. HighLow: 69-82% 30 Seconds: 67% 60 Seconds: 70% 2 Minutes: 70-72% 5 Minutes: 70-73% Touch | No Touch: 70-75% High Yield Touch: 200-350%
Platform:
The 24 Option platform is one of the best we've used. The dark theme is easier on the eyes and the interface is quite easy to use. You can simply click up or down, select the button or key in the amount you wish to trade, and click INVEST. The trade is placed instantly unlike some other brokers where it takes precious seconds to lock in your position which can often result in a loss. The chart is a lot larger than many other platforms. One nice feature is you can short list the pairs you wish to trade with which makes finding the pair to execute a trade easier.
Below is a screen shot of the platform. Click to view full size:
Demo Account: There is no demo account unless you fund your account.
Deposit Minimum: $250
Min Trade Size: $24
Max Trade Size: $200,000 / EUR/GBP for Stocks, Rest $100,000 / EUR/ GBP
Max Position per Option: 200,000 (GBP/USD/CHF/EUR) for all trading methods except high/low which is 120,000.
Withdrawal Minimum: There's no minimum withdrawal amount. Only for wire transfer, which is $50.
Withdrawal Maximum: There are no daily withdrawal restrictions to bank accounts.
Withdrawal Time: Withdrawals take 3-5 business days to process regardless of the method used.
Withdrawal Fees:
"Withdrawal charges vary with the type of account you have. For Platinum and Diamond account holders every withdrawal is free. Gold account members can make one withdrawal for free each month. Silver and Basic account holders can make one withdrawal for free, with charges each time you withdraw from then on. Fees: Credit card: 3.5% Skrill (Moneybookers): 2% Neteller: 3.5% Wire transfers: $30, €25, £20, ¥3,000 Some banks may also make an additional charge on each transaction."
Funding & Withdrawal Options: You may deposit funds through wire transfer, Visa/Mastercard credit card or debit card, or through any of our e-wallet accounts:Moneybookers, PerfectMoney, Neteller, cashU, Qiwi, Sofort, Webmoney and Giropay. 3:22 am The withdrawal will always be sent to the same account that was used in the deposit.
Bonus: 100% bonus with 50x volume turnover requirement. 50% withdrawable until turnover requirement met. For example, if you deposted $500, got the $500 bonus and grew your account to $2,600 you could withdraw $1,300.
License: CySEC MiFID LICENSE NUMBER 207/13
"REGULATED BY THE INTERNATIONAL FINANCIAL SERVICES COMMISSION OF BELIZE (NUMBER IFSC/60/440/TS/15-16)."
Trading Hours: Generally, trading on the platform is available 24/5, with limited trading available over the weekend. That being said, during their active trading hours of approximately 08:00 to 21:00 UK time more expiry times as well as assets are available.
American Traders: No. However, expats with a government issued foreign country ID and proof of address such as a utility bill are accepted! : )
Founded: 2009
