24Winner Review

UPDATE (5.1.2016):

We have found out that 24winner is not a reliable broker and decided to blacklist it. 7 Binary Options does NOT recommend trading with 24winner.

We recommend choosing one of our top binary option brokers instead:

1. IQ Option
2. Banc de Binary
3. Porter Finance
4. Finpari (for US traders)

Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

Winner Option logo

While performing a review of 24Winner, we found it to be a very innovative broker with the mission of creating an environment for trading which is appealing to binary option traders, regardless of their level of experience. 24Winner does an excellent job providing very good returns on investment and offers and outstanding array of trading options which are not available on some other platforms.

We found the platform easy to use and liked that its primary goal was to make online trading as accessible as possible to as wide a range of traders as possible, even those who were completely without any financial background. We also found the mobile trading offered by 24Winner to be an excellent way to make trades while on the go, greatly expanding our ability to make lucrative trades during any part of the trading day.

Basic information:

Online since: 2008
Jurisdiction: BVI
Software: Keystone TS
Max Returns: 85%
Bonus: 100%
Minimum Deposit: $200
Minimum Investment: $10
Maximum Investment: –
Currencies: USD, AUD, CAD, EUR, GBP, Yen, PLN
Mobile: Yes
Countries: All nations excl. USA, Canada and Denmark

Pros:

– Excellent customer service
– News room
– Good mobile application
– Account managers
– No maximum investment

Cons:

– No customers from USA, Canada or Denmark accepted

7 Binary Options Rating:

4,5 stars

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Bonuses

Just like Banc de Binary, 24Winner provides excellent bonuses for their new clients. Each new client gets a 100% bonus on their deposit, meaning that if a trader deposits $1000, the bonus is also $1000. There are also welcome bonuses available on various accounts.

Maximum profits (payout)

With 24Winner, when we finished a trade in the money, our return was 85%. On binary options trading, this is a very good rate of return and gave us the opportunity to make better returns on a larger number of trades over a longer period of time.

Types of accounts

24Winner offers three separate types of accounts for traders to choose from to meet their specific trading needs. These different account options include a Starter account, a Pro account and a VIP account. The Starter account requires a minimum initial deposit of $100, and includes up to $250 as a welcome bonus. Pro accounts require an initial deposit of at least $1000; the associated welcome bonus is up to $500. With the VIP account, an initial deposit of $5000 is required, but the welcome bonus is up to half of that, or $2500.

For the Pro and VIP accounts, various tools and features are available to assist in trading. These accounts are also eligible for periodic promotions. The holder of a VIP account has access to unlimited training on a one-on-one basis, and also has access to an account manager, a specialist in binary options trading. We found that these advantages were very helpful, giving us the ability to increase our chances of completing trades in the money.

Assets

24Winner  offers a selection of 180 tradable assets including currencies, commodities, stocks, and indices.  We were able to trade commodities like precious metals (gold, silver, platinum) and grains (corn, wheat), as well as coffee, sugar and oil. We traded currencies, including EUR/USD, EUR/JPY and many others. For indices, our options included DOW, NASDAQ FUTURES, NIKKEI and more. We traded stocks like FIAT, Google, TATA Motor and Amazon.

Screenshots

Winner Option screenshot

Deposit Methods and withdrawals

We found depositing funds into our account in order to begin trading both easy and convenient. 24Winner has more than 40 methods available for depositing funds, such as credit cards like Visa and MasterCard, eWallets like iDeal and Skrill and wire or bank transfers. To begin trading, we had to make a minimum deposit of $100, and our first trade required $10 to open.

24Winner has no minimum requirement for withdrawing funds, and withdrawal amounts are deposited into the original account from which the initial deposit was made. We also thought the fact that withdrawals and deposits are without fees of any kind was an excellent way to keep traders coming back again and again.

Customer Service

We found the customer service offered by 24Winner to be outstanding. Not only was the service department available on a 24/7 basis, they were easily reached through phone, email and live chat. We were able to speak with a representative quickly and easily, and multilingual support is available.

Conclusion/Summary

We found 24Winner a very good broker even compared to best binary option brokers. We especially liked their mobile platform, which made it possible for us to trade anytime, anywhere. The platform is easy to understand and use, deposits and withdrawals are without fees and easy to perform. The customer support offered by 24Winner is fantastic, making 24Winner Option a service we can highly recommend. Read also Binary Option Robot review if you are looking for binary option signals or automated trading software.

Additional information

Customer Service: Live Chat / Email:[email protected]
Languages: English
Trading Options: High / Low, One Touch, Touch Options, Pair Options
Assets: Currencies, Stocks, Indices, Commodities
Early close: Yes
Expiry Times: 30 sec, 60 sec, 2 min, 1 h, 24 h
Deposits and Withdrawals: Visa, MasterCard, Bank Wire, Skrill Moneybookers, Maestro
Withdrawal Time: 2 days
Demo account: No

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7 Binary Options review: 24Winner: 4,5 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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