24option — Forex Broker Rating and Review 2020

Trading software MT4, Scipio
Headquartered Kolonakiou 39 Agios Athanasios, 4103 Limassol, Cyprus

24option offers CFDs/FX trading to novice and seasoned traders alike. Established in 2010, 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

WWW https://www.24option.com/
Address Kolonakiou 39 Agios Athanasios, 4103 Limassol, Cyprus
Headquarters Limassol
Free phone +357 25 262789
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Bonuses, Promotions
Sponsorship contests, competitions
1st deposit bonus
Mobile trading
Demo account
24 hour trading
Digits after the dot in quotes 5
Minimum position size 0.01
Pip spread on majors
Spread Type fixed
Maximum Leverage 400
ECN, $
Standard account, $ 250
Micro account, $
Popular payment methods Perfect Money, Transfer, OKPAY, AstroPay, PaySafeCard, Yandex Money, QIWI, Money Bookers, Moneta, Unionpay, Credit Card, Debit Card, Neteller, Skrill, Webmoney, Wire Transfer, Teleingreso, Hal-Cash, iDEAL, Bitcoin
Account currencies USD, EUR, GBP, CHF, ZAR, RUB
Available assets Commodities, Stocks, Indices, Forex, Cryptocurrencies, Bitcoin
Languages English, Spanish, German, Italian, Russian, Dutch, Polish, Arabic
Platforms MT4, Scipio
Broker type
Foundation 2010

I was tricked into a news with how money generated easily by just investing some money and it will roll automatically. So moral of the story, money don't just come in automatically, you need to work to get returns.

Stupid   11 August, 2020  

I have been with this broker for almost a week now and I deposited R1500 expecting to get my profits after 7 days, and now I received an email from the company stating that I should pay R2000 withdrawal fee, but they never mentioned anything about withdrawal fees before I started working with them. Could it be that I got scammed too?

Costance   18 July, 2020  

I am a SA citizen. I did trade with this company June 2020. Every time when I am expecting them to pay get email requesting money. 1st was R2500 insurance then again requested R2000 withdrawal fee now it's R10000 fee. All these amount only come up when they due to pay. Please someone advice.

Alice   6 July, 2020  

All of these things that the people are saying on the reviews are true. I also got scammed don't trade with these people. they say they going to help you. than a week after that they want you to invest in commodities and if you don't your trades will close on there own.

Allan   25 June, 2020  

I was scammed out of hard earned money by 24Option account manager. I still think this name was made up. They help you to invest money in the platform, then they ask more, and if you cannot invest more they help you to put up trades that will sink your money. Please be carefull, do not invest here.

Dawid Pretorius   22 May, 2020  

You're not the only one that got scammed with 24Option. I lost more than 700 pounds with this broker. Please do not invest and if you did be careful.

DeVilliers Rossouw   24 May, 2020

Hi I know that feeling, they don't know what they doing at times. my trade went deep in the negative. other closed by themselves.

Allan   25 June, 2020

I think this just happened to me. all my money gone.

Melinda Grobler   30 June, 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, 2019  

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, 2017  

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, 2017  

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, 2017

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, 2016  

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, 2016  

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