24Option Review
Since 2010, 24 Option has been offering binary option trading. The platform accommodates multiple languages and is available to any interested traders throughout the world. The platform supports currency pairs, indices, stocks and commodities. The platform is a web based broker, eliminating the need to download and setup a software program.
The platform is user friendly with a sensible level of intuitiveness that helps the trader better understand the system and navigate the trading screen. The one feature that seems to make a difference for the better, especially with novice traders is the Call and Put buttons has been replaced with a plus sign and a minus sign. That is eliminated confusion when predicating the direction of the trade. The trading screen also has several different views and the trader can choose the view and look they prefer.
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To view the screen easier, the background is solid black. The lines are white and the text is white, red and gold for easier viewing. Somehow that color combination is more readable and easier to follow. The screen is also organized in a very logical manner and has earned high marks for the traders.
The best way to find out what a program is all about is to have the ability to test drive it first before investing in the program. Not all platforms offer a demo version, but 24 Option does and it is activated after registering a live account and funding it with 200 in current currency.
24 Option includes several helpful features and one is called Buy Back. That gives the trader the option to cancel a transaction up to five minutes before the trade expires. This will help minimize losses if a trade is not performing as predicted. There is a fee assessed when executing the Buy Back option and the trader receives their investment minus the Buy Back fee.
In order to help the trader with the nuances of online binary trading and the use of the 24 Option platforms, there is a compendium of informative training materials available for the trader. There is a collection of glossary terms very helpful to understand the trading process, as well as instructional guides. 24 Option also provide tutors that are available through email and online chat to help traders with questions and offer insight into trading strategies. Customer support is also available for traders who have questions. Support is available through online chat, telephone and email and the staff is regionalized to provide local support anywhere in the world.