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24option Broker Review

24Option
Min. Deposit: $250
Min. Investment: $24
Max Returns: up to 88%
Rating: Rated with 5 stars
Regulated Broker: Available
Signals: No
  1. 24option General Info

    24option is one of most recognized and reliable binary options brokers in this industry.

    We have a pleasure reviewing them and offer our readers an objective overview of 24option trading platform. In our 24option review you can get closer insight of available trading features.

    Owned by Rodeler Limited in Limassol, Cyprus, 24option review is present in binary options industry since 2010.

    This broker is awarded by BinaryOptions.org.za for the Best Safety broker!

    Below, you can find out more about:

    24option broker no longer provides binary options bonuses!

    24option Trading Platform

    Trading software, used by 24option is TechFinancials. Known for its high security level, platform is easy to use and present no difficulties for South African traders. With a modern visual appearance, 24option is an excellent choice for traders to join this trading platform and start binary options trading journey.

    24option review will show our readers that this broker is a regulated binary broker. 

    Their licence provides traders with high level of security and means that European regulations and laws has to be followed. This broker offers its trading platform to traders worldwide, including traders from South Africa.

    To start trading binary options with 24option review, minimum deposit is $250 and maximum payout which goes up to 88% per successful trade, but if your investment is unsuccessful you will lose your invested capital on this trade.

    Investment amount range from $24 to the highest amount of $200000. Maximum bonus offered by 24option is up to 100% (bonus T&C applied).

    South African traders are enabled to place trades with EUR, USD and GBP.  

    24option Trading Features

    In 24option review, we found out they have available a wide range of trade options, which include 60 Seconds. High/Low, One Touch and Boundary options.

    These trade options are combined with different time frames of when an option expires. It is possible to trade within 60 seconds, 2 minutes, 5 minutes, 15 minutes, 30 minutes, 1 hr, 24 hr + and expiry by the end of month.

    To their traders from South Africa, 24option review offers a wide range of underlying assets, which we can divide in stocks, commodities, currencies and indices. To be more specific, this broker offers on trading platform 43 stocks, 11 commodities, 30 currencies and 19 indices.

    Trading hours to trade with underlying assets are Mondays to Fridays from 5 a.m. to 10 p.m.

    24option have available several different and yet useful trading features, that can helptraders maximize their trading experience in binary options. Features like mobile trading anddemo account are excellent tools that show effort of this broker to give its best to ensuretraders an alternative trading experience.

    24option mobileMobile trading is for sure very convenient for all South African traders. With the use of mobile app it is possible to trade binary options on mobile platform also.

    24option mobile app is compatible with iOS system and Android devices also. Traders can place trades on a wide range of underlying assets also on mobile platform.

    With such a possibility, traders no longer have to use regular platform, now they can everywhere and still be able to continue trading binary options. Mobile app can be used on smartphones and tablets, as well as on computers.

    The second great feature offered by 24option review is demo account, that has shown to be extremely useful for all levels of traders, especially for those who have just joined the 24option trading platform.

    On demo platform, traders can see how it actually looks like when you trade binary options. Great thing regarding demo is that is risk free, because you don’t invest your real money, it is only virtual one.


    This way, 24option enables traders in South Africa to practice and use some of trading techniques and strategies to see will it turn out to be successful or not. Later on, when you feel confident enough in your trading skills, you can just switch from demo trading to real one and place trades in numerous underlying assets.

    On trading platform, as visible in 24option review, we have seen one of the best Education Center in binary options industry.

    A variety of tutorials, videos, ebooks and many more are available in our 24option review. Traders with different trading knowledge can use these trading tutorials and use them in the trading process.

    This education support presents an excellent feature for both beginners traders and professional traders, due to the fact that multiple trading materials are offered for basic trading and also, advanced trading. South African traders can check 24option’s blog and see the latest market news, based on current market situation.

    24option Trading Accounts

    With 5 available account types, no one can actually say that 24option doesn’t provide traders with a choice.

    Based on minimum deposit amount invested and other trading features and services, all these account have their differences. More detailed info please read below in 24option review:

    Basic Account

    • minimum deposit $250
    • up to 82% payout
    • one per month free withdrawal
    • e book and trading tutorials
    • basic trading central
    • professional trading chart

    24option banner

    Silver Account

    • minimum deposit $2000
    • up to 82%
    • one per month free withdrawal
    • e book and trading tutorials
    • 24/7 customer support
    • professional chart and personal trading sessions
    • basic trading central
    • trading alerts

    Gold Account

    • minimum deposit $25000
    • investment return – up to 84%
    • one per month free withdrawal
    • e book and trading tutorials
    • professional chart and personal trading sessions
    • trading alerts + 3 sms or email alerts
    • personal trading with Professional
    • basic trading central

    Platinum Account

    • minimum deposit $50000
    • investment return – up to 86%
    • unlimited free withdrawals per month
    • e book and trading tutorials
    • professional chart and personal trading sessions
    • trading alerts + 5 sms or email alerts
    • personal live trading with Professional
    • basic trading central

    Diamond Account

    • for minimum deposit ask your Personal Manager
    • investment return – up to 88%
    • unlimited free withdrawals per month
    • e book and trading tutorials
    • professional chart and personal trading sessions
    • trading alerts + 7 sms or email alerts
    • personal live trading with Professional
    • higher trading limits
    • basic trading central

    24option banner

    24option Customer Support

    To have a good and up to date customer support, is very significant in binary options trading.

    After writing 24option review, we believe that traders from South Africa will be happy to know there are multiple ways on how to contact 24option. First of all, we would like to emphasize how 24option platform is available on many different countries for their traders around the world.

    This includes English, Spanish, French, German, Russian, Italian, Danish, Swedish, Finnish, Japanese, Korean, Romanian, Portuguese, Arabic, Turkish and Indonesian.

    Traders can reach 24option agents through email on info@24option.com, live chat and via telephone for 21 countries worldwide, including South Africa on +27 10 500 8042.

    Customer support agents are available 24/7 and we had a positive experience with provided feedback during our 24option review.

    24option Banking Info

    Main goal of 24option review is to provide South African traders the opportunity to expand their trading experience within a fast trading, regulatory environment.

    24option review serves as source to provide traders with an objective information about important elements in binary options trading.

    Security is very important in trading process because it ensure traders to have a safe trading experience, especially visible during depositing or withdrawing money.

    24option offers traders many available payment options, including debit and credit card payment, bank wire and e-wallets.

    Available cards that can be used when depositing and withdrawing funds are: Visa, Visa Electron, Mastercard,  Dankort, Diners Club, JCB, Discover Card, Cartasi, Liberty Reserve and Laser. From e-wallets, available payment providers are Skrill Moneybookers and Neteller.

    The latest announcement arrived from PaySafe Group, who own PaSafe Card as an alternative payment method. In March 2016, they decided to join FTSE 250 Index and expand their investor net more and continue to provide services to traders in South Africa who use PaySafe Card as a way to deposit or withdraw funds.

    Before money withdrawal, certain documents should be submitted. That includes proof of address, copy of photo ID and a copy of credit card, if it is used in the trading process (only last 4 digits visible).

    It takes up to 5 business days until the money is visible on the trader’s account.

    Minimum withdrawal is $100 and traders should know that the same currency chosen in deposit process, has to remain the same in the withdrawal process also. When withdrawing funds, 24option charges fees and amount depends whether traders use credit cards (3.5%), Skrill Moneybookers (2%) and bank wire ($30).

    *Investors can lose all their capital.