While it is not uncommon to see a new binary options broker do well, the success of 24Option since their 2010 launch has been nothing short of astounding. Traders of all skill levels appreciate what this broker has to offer. Beginning traders, in particular, will find that 24Option provides all the tools and education needed to realize success of their own right away. Should you be one of the many who are ready to cash in on binary options trading, read on to find out why 24Option may be your best option.
Money is often the first thing that comes to mind when considering binary options trading, as well it should be. 24Option offers payout percentages that average 85%, but could be as high as 89%. Any payout percentage in the 80’s is considered to be excellent. Additionally, 24Option does offer high yield trades as well, with payout percentages on these possibly exceeding 300%. This broker does not offer refund percentages on losing trades, but with profit percentages this high, those who trade well will not find this problematic.
The platform is designed to appeal to beginning binary option traders in that the layout is simple and only a few steps are required to complete each trade. Clearly labeled tabs allow for fast selections, and a full list of upcoming trade possibilities is always listed. The platform is available in an impressive sixteen different languages, which should be more than enough for full participation by global traders. There is also a mobile version of the platform, providing full trading ability via smartphones and mobile devices. The mobile platform is just as simple to use as the standard 24Option online platform.
Beginning traders are free to select the easiest of all trade types, High/Low, or opt to make use of Boundary, Touch, or 60 Second trades. Each of these trade types are easy to master and each can be used under different market conditions to increase the likelihood of locking in profit. When combined with the many underlying assets provided by 24Option, new binary option traders will find that there are profit opportunities available around the clock. Variety may not be extremely important during the first few days of trading, but it will quickly become so. Therefore, partnering with a broker such as 24Option who is able to provide this will be advantageous.
There is no cost associated with registering an account with 24Option. Once the decision has been made to begin trading, the minimum deposit of $250 (or equivalent currency) will need to be submitted. US Dollar, British Pound, Japanese Yen, and the Euro are all accepted by this broker and each of these can be used in withdrawals as well. 24Option charges no commissions and there are no trading fees, meaning that all of the money deposited with be fully available for binary options trading. The minimum investment amount per trade is $24, so keep this in mind when deciding on the deposit amount.
24Option offers a plethora of tools which can be used right away by new traders. This broker places a strong focus on videos which visually walk binary option traders through each step in the process. These videos also cover a broad range of other topics which will be beneficial along the way, including market analysis and more. Also offered is around the clock assistance and the option to speak live with a binary options expert. This will surely benefit any trader in need to guidance or advice.
For all that they offer, 24Option is absolutely one of the best binary option broker selections for novice traders. This broker has all of the features which traders want most in place, and go one step further in providing one-on-one assistance to beginning traders. No money can be earned until a broker has been selected and live trading has begun. Now is the time to create an account with 24Option and start the process of earning massive profits from binary options trading.