24Option is a large and established Forex broker, that is licensed and regulated by FSB South Africa, European CySEC and IFSC Belize.
In order to review the 24Option Broker, we first established that this is indeed a licensed broker, regulated by the CySEC of Cyprus, which is a member of the European Union. Additionally, they hold a license form the IFSC of the Belize government.
Then we reviewed their website and this is what we found: They have a comprehensive educational department, which provides you with all the information about CFD Forex trading. This covers everything from the basic explanation of terms up to and including advanced trading strategies. You can learn via video tutorials, e-books, and the many frequent webinars they have. Additionally, we see that they are sponsors of the Juventus football team.
Start trading now at: http://24option.com.
Forex Trading Software
24Option offers Forex investors the easy to use Scipio trading software, along with Meta Trader 4. Forex CFD’s (Contracts for Difference) are available on all underlying asset classes including; Forex, Stocks, Commodities, Indexes and Crypto Currencies.
Lot sizes and spreads vary depending on market conditions. On certain assets like Bitcoin and Ripple they list both full size and mini contracts.
- Their trading software is available as a mobile app for Android and iOS.
- Minimum deposit required for a new account is $250.
- Free Demo Accounts are available, signup here.
- They accept a huge variety of payment and withdrawal methods.
24Option License & Regulations
How do you verify that a CFD Crypto or Forex broker is legit and not a scam? You look to see if the governments financial regulator gave them an operating license.
24Option is a company from Cyprus and as such they are regulated by CySEC with license number: 207/13 . Since Cyprus is a Member of the European Union, this license is valid throughout Europe. This broker also has a license from the IFSC of Belize, license number: IFSC/60/440/TS/15-16.
24Option is owned and operated by Rodeler Limited. Their address is: 39 Kolonakiou Street, Ayios Athanasios, Limassol, Cyprus.
*86.24% of retail investor accounts lose money when trading CFDs with this provider.