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Overview

24option is a division of the company Rodeler Limited whose Head Office is located in Cyprus, where it has received a license for the provision of brokerage services from the Cyprus Securities and Exchange Commission (CySec).

Novice traders can find a large number of educational materials on the official website of 24option that will help them to learn binary options trading.

New customers of 24option have the right to receive the first deposit bonus, which is equal to 100%. Regular customers can compete for big cash prizes in international competitions, organized by 24option, where the participant who takes the first place receives $100,000 in cash.

Bonuses

24option regularly holds a variety of promotions and contests on its official website, where attractive Forex bonuses and great cash prizes are drawn.

The promotion The First Deposit Bonus is intended for new customers, who have opened accounts and decided to fund them for further binary options trading. Deposit bonus comprises 100% of the amount transferred to the account by the trader. To receive bonus funds, new customer needs to make a deposit using one of the offered methods, and write about it to the support service. The 100% bonus will be credited to the customer's account after confirmation of the payment by specialists of 24option. Bonus funds can be used to trade binary options, and all profits earned with the help of them remain with the trader and he can dispose of it at his discretion. 24option periodically makes the first deposit bonus withdrawable, and in this case the company indicates requirements that should be met by the trader. Usually, traders should close certain trade turnover while trading binary options.

24option periodically organizes a global competition among traders with an impressive prize pool. All traders, who have open trading accounts, can take part in it. Not less than $5,000 should be on the accounts. The main purpose of the competition is an active trading, i.e. prize-winners are participants, who will conduct the greatest number of transactions. At the end of the competition the winners are determined. They are awarded cash prizes:

Distribution of prizes in the competition:

- the 1st place - 100,000 dollars

- the 2nd place - 24,000 dollars

- the 3rd place - 10,000 dollars

- the 4th place - 5,000 dollars

- the 5th place - 2,500 dollars.

The competition lasts from one to two months, and prize pools can also be changed, respectively.

Training

A large number of educational materials about binary options for beginners are available on the official website of 24option, including print materials, E-book about binary options for free download, video library, interactive book for the study of options trading and webinars.

Learning materials about binary options trading.

1. Binary options:

- what are binary options

- daily analysis of the foreign exchange market

-guide for binary options trading

- what are digital options

- archive of reports

- Forex glossary.

2. Guide for binary options trading (for free download and study):

- what are binary options

- what is the platform 24option

- how to register quickly and correctly with 24option

- trading conditions on 24option

- rules for trading on 24option

- types of binary options

- study of binary options types

- how to choose options for efficient trading on the market.

3. E-book Strategy and Tools on the Market of Binary Options:

a) global trading

- financial tools that have gained popularity among professionals

- advantages of binary options trading

-how to trade binary options.

b) distribution of capital in binary options trading

- what is passive options trading

- what is aggressive options trading

- how to calculate correctly gains and losses on binary options

- examples of efficient and profitable options trading.

c) types of foreign exchange market analysis

- basics of technical analysis

- basics of fundamental analysis

- foreign trade indices that mainly influence the behavior of the market

- what are trends

- Dow Theory

- trend types of the market

- Forex glossary.

d) Internet trading and influence of psychology on it:

- traders should be independent

- discipline in options trading leads to success

- the strongest motivation

- logic and analytics

- informed decisions

- errors that are made by traders on the initial stage of options trading.

4. Video library:

- binary options (types of options, use of options)

- international financial markets and trading on them

- how binary options attract traders

- basic principles of binary options trading

- psychology of Internet trading relating to binary options

- competent calculation of gains and losses in options trading

- capital management.

Terms of trading

24option offers traders the following conditions of trading on the global financial markets:

- financial tools: shares, commodities, currency pairs and indices

- types of binary options: high/low, one touch, short-term, boundary

- web platform 24option for options trading

- the minimum deposit is $100

- profit from a transaction is up to 85%.

24option provides traders with the opportunity to open trading accounts, based on their needs. To do this, traders just need to send an application for opening an account, whose form is available on the site of the broker, where it is necessary to mention real personal data, as well as the preferred conditions of trading binary options. The staff of 24option will contact traders and offer them the most suitable trading accounts after consideration of the application.

VIP-account should be mentioned among many other accounts. It gives traders a lot of privileges both in options trading and in service, including personal manager, daily review of the market, quick delivery of important news, help in analytics and many other things that are unavailable on ordinary accounts.

Forex indicators (for binary options)

- Crossed Alerts Trader

- Forex Trend

- Bykov Trend Siq

- Ema levels

- NonLaq ASC Trend.

All of the above-mentioned technical Forex indicators are trend. This fact helps traders to use them with the highest possible profit in most cases. These Forex indicators do not support the web platform 24option, but they can be successfully used on the trading terminal Meta Trader 4, where an efficient analysis of the currency market is made.

Binary options strategy

- triple moving is a profitable strategy for binary options based on candlestick analysis and Forex technical indicator Moving Average. This strategy will bring good profits to traders on binary options 60 seconds and one touch in case of a competent application, since using offered trading tools they will determine the trend start point or its reversal with high probability. Triple moving can also be used for other types of options.

- pivot points is a strategy for binary options that has established itself as a very efficient, because it is based on the analysis of the market with the help of the support and resistance levels, which accurately indicate pivot or breakout points. It can be used for the following binary options: high/low, 60 seconds and one touch. It can allow getting good profits while trading on the foreign exchange market or global markets in case of its competent use.

- binary fly 2.0 is a strategy for binary options that is based on the Gartley Butterfly. Gartley Butterfly accurately indicates the reversal of the trend, and this in turn allows traders to use this information effectively for binary options trading, including one touch, high/low and others.

Strategies for binary options are mainly based on Forex indicators that operate on the trading terminal Meta Trader 4. Using Meta Trader 4 for analysis of the currency market and technical indicators offered in strategies, traders will be able to greatly increase their profits.

Unique features

A service provided to new customers should be mentioned among the unique features of 24option. All new customers, who open personal accounts on 24option and make deposits, will be able to use free trading signals from leading providers, which can significantly affect their profits while trading binary options in case of a competent application.

24option provides its traders with an opportunity to start making money on the global financial markets, including the foreign exchange market, by joining its unique affiliate program.

The affiliate program of 24option allows traders to make money absolutely without risks by attraction of new customers. 24option is willing to give all its partners the necessary advertising materials, referral links and banners that provide an opportunity to attract new customers. For each new customer, referred by the partner, who have opened an account and made a deposit, 24option guarantees payment of award in the amount of $250. In addition, it regularly holds various promotions for customers, where the most active participants will be able to become owners of exclusive prizes, including tablets, laptops, iPad, etc.

Add/withdraw funds

Clients of 24option can use the following methods to deposit or withdraw funds from accounts: Visa Electron, Master Card, Visa, Qiwi, Skrill, paysafecard, Delta, sofort, Neteller, moneta.ru, Web Money, cashU, AstroPay and bank transfers.

Contacts

24option is willing to help its customers in solving all their problems that may arise during the learning process and binary options trading. Traders can contact specialists of 24option by e-mail [email protected], via online chat and by international phone +357 25 262063.

Cons and pros

+ famous platform for binary options trading

+ a wide range of options for trading different financial tools

+ many learning materials

+ deposit Forex bonus

+ competition for traders with a huge prize pool.

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