24OptionReview.com is a short explanation
24OPTION REVIEW All you need to know to start trading with 24option.com
What is 24option.com? By the end of the year 2010, seasoned professionals from the fields of Forex Trading combined their expertise and launched 24option platform. 24option is a trading platform to make online transactions on various binary options (Binary Options: is a type of option where the payoff is either some fixed amount of some asset or nothing at all). On 24option, the choice of binary options is classified into 4 ranges of assets that you may find on the site in the Index of Assets: Stocks (Apple, Google…), Index (NASDAQ, Dow Jones…), Currencies (USD, EURO, YEN…) and Commodities (Gold, Silver…). By today, there are 40 assets and very often new traded assets are added to the list.
How to trade binary options on 24options? 24option allows you to trade the binary options with 3 types of instruments in 3 different delays.
3 instruments: High/Low instrument is one which is written around the current market price and allows the user to decide whether the market will by Higher or Lower at expiration relative to the current market price. One Touch instrument is one which is written around the target price and whose outcome depends on whether the market price reaches or does not reach the target price prior to the expiry of the option. Boundary instrument is one which is written around two target prices (a lower and an upper target) together forming a boundary range. The outcome of this option depends upon the market price at expiration relative to the boundary range.
3 delays: Short term: 15 minutes to several hours Medium term: end of day Long term: end of the week. The ability to have deadlines in the long term is a significant advantage for traders with daily weekly analysis.
Profit: 24Option offers the highest payout on the market offering up to 85% if an option expires "in the money' and 350% (weekends only) in a matter of minutes with all risks and rewards approved prior to investment.
The platform: The 24option platform suits everyone from the experienced trader to the novice investor. The Design: it has just been updated providing to the clients very easy, intuitive and pleasant experience. All necessary information is accessible and clear on the website: -Customer Service: a professional team is available to assist you 24 hours a day, 7 days a week with any product queries, client support or customer feedback. -Languages: support is available in 8 languages: English, Italian, French, Spanish, Portuguese, Japanese, Arabic, Romanian and Turkish. -Trading tools: personalized training tutoring, charting, a full glossary and trader manual of trading-related terms. -Banking Page: It shows all your transactions, including deposits and withdrawals.
Unique Feature: Buy Back Option: the Buy Back option allows traders to essentially 'cancel' their trade up to 5 minutes before expiry and let the trader recover 15% of the investment to avoid a total loss on the position.
Your advantages with 24option:
- It offers the possibility to open a trading account in 3 different currencies: American USD, English Pound and Euro.
- Excellent customer service by phone, email and live chat in the company website
- A lot of instruments for trading
- No commissions or fees for trading
- Excellent trading bonus
- An easy, intuitive and friendly-user platform
- Pay-Back option offers the possibility to stop the option before the expiration of the contract to ensure that the transaction will end "in the money".
- This company offer the possibility to earn extra money by promoting its trading services through an affiliate program called 24option Affiliate Program.
Contact: Address: 69 Old Broad Street, London EC2M 1QS, United Kingdom Email: info@24option.com Tel: +44 203 3557204 Fax: +44 20 7657 3101 LIVE CHAT: http://messenger.providesupport.com/messenger/24option.htm
