24Option were established in 2008 as a Binary Options broker. 24Option is now a leading CFD and Forex brand owned by Rodeler Ltd.
The firm’s head office is located in Cyprus . For traders outside of the EEA (European Economic Area), customers of 24Option do business via a separate company called Richfield Capital Limited based in Belize.
since they are now no longer active in the Binary Options sector they have build a reputed brand for trading in Forex and CFD’s as well as not also in cryptocurrencies trading
24option Crypto Currency Broker Company Information
BROKER DETAILS | INFO |
Regulated by | CySEC |
Headquarters Country | Cyprus |
Foundation Year | 2013 |
Publicly Traded | No |
Number Of Employees | 200 |
[email protected] |
Trading Account Options
Min. Deposit | $100 |
Max. Leverage | 1:400 |
Payouts Percentage | 91% |
Mini Account | No |
Demo Account | Yes |
Premium Account | Yes |
Segregated Account | No |
Islamic Account | No |
Managed Account | No |
Trading Services
Supported Trading Platforms | MT4 |
Educational Service | Yes |
Email Alerts | Yes |
Guaranteed Limit Orders | Yes |
API Trading | Yes |
Cryptocurrency Coins | Yes |
Crypto currencies Offered by
WHY TRADE CRYPTOCURRENCIES WITH 24OPTION?
As a innovating leading online broker, 24option was one of the first to offer trading CFDs on cryptocurrencies.
With five of the most popular digital currencies currently available for trading as CFDs, they are always looking for the latest popular currency so that we can make a CFD of it available to their traders.
Our education center will help take the mystery from cryptocurrencies so you can trade CFDs with greater confidence. And with their intuitive trading platform trading is easy fast and a good trading experience overall
what the 24Option accounts offer
Platform Introduction |
Risk management explanation |
Dedicated |
account manager |
Webinars & seminars |
Financial market introduction |
Demo account 100K |
Daily market brief |
One on one MT4 course |
Sentimental, fundamental, technical analysis one on one tutorial |
Short, medium, long term explanation of common trading strategies |
No maintenance fees |
Max lot |
Trading Central |
Spreads |
Free withdrawal |
Trading Platforms
In terms of the trading platform used by 24Option, the broker previously used the binary options trading platform that was powered by TechFinancials. However in their efforts to extend their product offering, 24Option now uses a proprietary platform (with the same login details) called Scipio to provide CFDs and forex trading services.
MetaTrader 4
In addition to the Scipio trading platform, 24Option has also integrated the popular MT4 trading platform for traders who wish to trade the spot forex and CFD markets.
The main attraction of the MT4 platform is the advanced trading tools that have been integrated into the platform. So traders can use one of two platforms, each provides different strengths. MT4 is perhaps more complex to use, but includes way more analysis tools and also automation options.
The traditional platform is easier to use. Traders can of course, perform research on one platform, and trade on the other. Login details remain the same for both.
Mobile Trading
24option provide a free mobile trading app for both iOS (iPhone and iPad) and android. The apps are available for download both on Apple’s App Store or Google Play Store. The app delivers all of the functionality of the main website, including many account management features.
The app takes advantage of the strengths of each platform (android or iOS) in order to maximize the functionality on every device.
Using the app is slick and intuitive. The login process is quick but secure. Technical analysis becomes hard on smaller screens, but trading and amending details are straightforward and a real bonus for traders who need to react to events while they are away from their computer or laptop.