24StockOption

UPDATE (02.05.2017):

24StockOption has shut down their operations.

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24StockOption LogoIn our review of the 24StockOption, you will find that they offer a very easy to use platform; their platform is in-house platform with real time rates and connected directly to the Stock Market and you will be very comfortable trading in the platform for its simplicity. Their trading team and customer support team are very fast in answering all their traders’ questions and helping them in any kind of issue anyone might have, the platform is directly connected with the Stock Market and it uses All Currencies, Indices and Stocks for over 200 Assets. 24StockOption is one of the recommended binary options brokers in 7BinaryOptions.com.

Basic information:

Online since: 2015
Jurisdiction: Canada, USA North America
Software: In-house Stock Market
Max Returns: 92%
Bonus: 100% on first 2 deposits, bonus terms and conditions apply
Minimum Deposit: $400
Minimum Investment: $10
Maximum Investment: $10 000
Currencies: USD, EUR, CAD
Mobile: Yes
Countries: All nations.
Auto-Withdrawal: 24/7
Trading Signals: Yes
Trading Analysis: Yes
First Trade: Risk Free

Pros:

– U.S. and Canada Customers Welcome
– Very good deposit bonus
– Short Term Trading, 30S, 60S
– Excellent customer service
– Trading Analysis
– North American Broker

Cons:

 

7 Binary Options Rating:

5 stars

 

 

Is It Regulated?

CIPFFINRA24StockOption Is a North American regulated Broker regulated with the CIPF Canadian Investor Protection and Under final regulation and process with FINRA USA
We use a number of methods for comparing how trustworthy the various brokers are, but the most important is whether or not they are regulated. Regulation provides third-party oversight to ensure that the broker is not doing anything that might harm or unfairly disadvantage its customers. When looking at the regulatory status of the various binary options brokers that are available, 24StockOption is in an elite group.

Available Assets

Available Assets24StockOption offer a wide range of assets to trade, as well as unique tools that give traders every opportunity to maximize profits quickly. In addition, the company are committed to providing traders with all the information and, as well, the essential tips to ensure a high level of education and trade understanding.

24StockOption offers traders favorable conditions – high and guaranteed interest rate, which will, in the case of a successful transaction, can be up to 90%. Also, the trader will be able to minimize losses in case of a wrong choice – thanks to the payment of compensation in the amount of 20% of the investment. Working with 24StockOption platform provides maximum mobility to the trader. The platform is fully integrated with the Internet, which will allow to trade from anywhere, from any device – all you need to do is log in with your username and password.

24StockOption offers a wide range of trading assets from Currencies, to Indices and Stocks of over 200 Assets that you can use from, also beside what assets they have got they can add more assets in the categories mentioned as long as there are traders that are used to use these kind of assets but it depends on the amount of traders that are willing to use such new assets.

What is the Trading Platform Like And What Options Are Available?

The trading platform is very easy to use and the interface is very comfortable and you can see that by yourself here:

24StockOption Screenshot

The platform is very nice and well maintained and also it is with live real time trading rates directly from what’s happening in the Stock Market. The options are very simple and not complicated at all:

1- Either Short Term:

30S, 60S, 2Min, 5Min and 10Min.

2- Or Long Term Trading

It is classified into 2 Categories:

  1. Short Term: Which is expires within 24Hours time
  2. Long Term which have different expiration times with maximum up to 4 Months.

Demo Account Availability

With 24StockOption demo account which is also known as a practice account is the best way to try out binary options trading. With a no deposit demo account, you can make trades in real time using live data. In addition, you get to learn more about the trading platform before you put in real money. Basically, you don’t risk any real money when you use a demo account. You are given $10,000 of virtual money so you can learn how 24StockOption works. This also lets you try some trading strategies so you have a plan whenever you start putting your own money on the line.

Islamic Accounts

Within its 4 types of accounts, 24StockOption introduces a new type called the Islamic Account. A new account created especially for Binary Options Muslim investors or those who follow the Islamic faith and wish to trade without interest charges.

The ‘Islamic Accounts’ which 24StockOption offer comply with the Shariah law and there are no additional or hidden fees associated with it. It is fully customized to the principles of the Islamic law in terms of interest (Riba) and banking activity.

  • Free of Riba
  • Completely transparent transactions
  • Trading and investment approved by Shariah Law
  • No Swap Commission
  • “Hiba” Feature – allows the traders to donate in return of loan
  • All positions are closed at 11:59:59
  • There are no hidden charges
  • Traders can trade with all available assets

Possible payouts

We found that 24Stockoption payouts are a bit to rave about in the meantime as well. In fact, most payouts tend to be typically higher. The payout is between a 76 and 92 percent on successful traders. For most 60 seconds options, clients have made as much as a 75 percent payouts and that’s great for one minute in our opinion.

Personal account managers explain to the clients that the payouts will vary and change as new assets enter the platform. It is important to remember that clients might lose their invested capital as well. However, most investors find comfort in knowing that all of the payouts are viewable on the trading platform and this includes out of the money payouts.

Account types

Well account types with 24StockOption have a different way to be explained, they have variety of account types, so let’s have a look to them

  • Binary Options Account Types:

With their, Standard, Premium, Platinum and VIP Accounts traders can find their way to choose one of the accounts to start with and it is made for every kind of trader to be comfortable of choosing his/her own account type. Starting from $400 Deposit in the Standard, going to $1500 in the Premium, along with $2500 in the Platinum and finally to the VIP which ends of of $5000, all of them of course are with different account usage that you can see in the account type page.

  • Stock Market Account Types:

With trading in the Stock Market you can use different account contracts according to the Account type related to each contract, starting from Silver, Gold, Platinum and Diamond accounts and you can see the different categories here.

  • Finally the last type of accounts which is the Fixed Income Account Types, where you will have a monthly interest to your investment from these account types: Premium, Platinum, VIP and Investor account types which you can find it here.

Deposit and withdrawals

The deposit interface of 24Stockoption is very simple to comprehend. It’s obviously simple if one who has never traded can do it. In addition to that, it’s fast and very safe to use, you can deposit your funds in GBP, USD, EUR and CAD and through digital payment. With all that’s going on in the world today, safety while trading is essential.

Minimum deposit amount offered by 24Stockoption broker is 400 GBP, USD, EURO, There are various methods of funding allowed for online binary trading, like clients can deposit funds by using Master or Visa Card, Credit card, digital payment method or through bank transfer. The simple process afforded by 24Stockoption makes it more enjoyable. The withdrawal standard of 24Stockoption is without a doubt more convenient and many other brokers out there.

Customer service

If nothing else we’ve mentioned encourages you to at least give 24Stockoption a chance, their superior customer service will win you over at every phase. It is most important to be provided great customer service and this has been our discovery at every phase of 24Stockoption. It is essential that we mention the significant number of available languages for 24Stockoption. This is a great asset for international traders who desire to trade in their native language.

Summary

24StockOption trading platform is easy to use for trading binary options  and it provides high returns for traders. It is also CIPF & USA FINRA regulated and has access to around the clock customer service for any assistance on trading. This all makes 24StockOption a binary option broker we can highly recommend.

Additional information

Customer Service: Live Chat / Email: [email protected]
Languages: English, French, German, Italian, Russian, Arabic, Finnish,
Trading Options: Turbo and Long Term Options
Assets: Currencies, Stocks, Indices
Expiry Times: 30Sec, 60 sec, 2min, 5min, 10 min, 30 min, 1 hr, 24 hr+, End of Month, 4Months
Deposits and Withdrawals: Visa, MasterCard, Bank Wire, Skrill Moneybookers, Diners Club, JCB, Discover Card, PayPal, Neteller, Perfect Money, OKPAY, Laser, Visa Electron
Withdrawal Time: 1-3 bank days
Demo account: Yes

 

7 Binary Options review: 24StockOption: 5 stars.

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