24option CFD Trading

24option CFD Trading

24option CFD Trading

24option has been a part of the binary options trading industry for seven years now. During that time, the company has developed into one of the best brokers in the world, with millions of satisfied clients trading on their website every single day. The secret to their success is that they follow the latest trends, both in terms of trading and technology, so they are able to offer the best possible experience to every trader. As a continuation of this policy, we now have 24option CFD trading in front of us. Since this brings a lot of new features to the table, we decided to write this thorough article to introduce you to the new possibilities. Read on and start discovering!

24option CFD trading | Basic principles

If you’re not familiar with this broker, we recommend you read our 24option Review 2017, but if you need more info on this type of investing, allow us to give you a short overview of what to expect from 24option CFD trading. Keep in mind that this will be a very simplified overview and that there is a lot more to be learned about it. First of all, CFD stands for „contracts for difference“ and the main difference between them and binary options is the fact that you don’t have to determine the expiry time of your trades. You only have to guess the price’s direction and that’s where the second difference comes into play. There are no fixed payouts here, but instead, your profit/loss depends on how much the price moves in your direction or against you. The more it moves, the bigger the profit or loss. What adds to the excitement of this kind of trading is the fact that leverage is used, meaning you only need to invest a small fraction of the actual market exposure. But 24option CFDs have also introduced some new features to the broker’s website, not just a new trading principle. Keep reading to find out what they are!

24option How To Trade CFD

24option How To Trade CFD

24option CFD trading | New platform

Since this is a new type of trading, a new trading platform also had to be introduced. Fortunately, 24option CFD trading is done on the very best platform of that type in the world – MetaTrader 4. This trading software has been around for years and has proven itself to be perfectly accurate and reliable on countless occasions, which just goes to show that the broker is well versed in this type of trading, too. Numerous helpful tools, great design, real-time data, instant execution and so much more is provided by this excellent software, so don’t hesitate to get it. It works on all major internet browsers and can be downloaded from the broker’s website in an instant. Furthermore, if you have a CFD account on 24option, all you have to do is set a leverage amount and you will receive mt4 login details to your email. There is absolutely no doubt that all this constitutes the very best possible trading environment for this type of trading – all you have to do is dive in. But we’re not done with examining new features 24option CFD trading has to offer, so stay with us!

24option CFD Trading Platform

24option CFD Trading Platform

24option CFD trading | New account type

As you have probably noticed in the last paragraph, we mentioned a 24option CFD account. Yes, to be able to participate in this particular type of trading, you will need to open a special account. However, you don’t have to worry because the process is extremely simple (you just fill out a short form) and doesn’t require you to make any changes to your existing 24option Account Types. You will be able to switch between the binary options account and the CFD account with a button at the top of the page. One click and you’ll be all set, so you really can’t expect any inconvenience whatsoever. Everything is done to keep the trading flowing smoothly.

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You don’t have to worry about your funds, either. Funding your new account is not necessary if you have some money left in the old one because you can easily transfer the funds between the two. Therefore, switching between these two types of trading cannot be any simpler – it is clearly visible that the broker has thought of everything. You can, for example, earn money one way and then simply make an internal transfer to fund your other account.

24option CFD Account Types

24option CFD Account Types

24option CFD trading | Transfers stay the same

Some things, however, will not change, even for 24option CFD trading. By that, we primarily mean the financial requirements. 24option Minimum Deposit is still 250$ (400$ if you’re in New Zealand, Singapore, UK or South Africa) and the minimum trade is still 24$, just like it used to be. The same methods can be used too, so you can make your deposits and 24option Withdrawals via all those credit cards, e-wallets and banks you used until now. The same high level of support is available too, but we have to emphasize here that CFD account users can contact their own account manager who will help them get used to the new type of trading quickly. That’s another detailed meant to help the transition to this new type of trading along. Apart from that, everything else is pretty much the same, which means that you can expect the same high level of quality here that has made 24option one of the leading brokers in the trading world.

24option CFD trading | Conclusion

24option CFD trading is a new type of trading offered by one of the best brokers in the world and a proof that this company is very careful when it comes to following the latest trading trends. A whole new platform (the best of its kind in the world), new account type and many other interesting features await you here. There’s absolutely nothing to worry about if you already have a trading account here either because the transition to trading 24option CFDs is extremely smooth and intuitive. All other important features remain the same, which means you will enjoy your trading experience here no matter which type of trading you choose. Open an account with this superb broker now and enjoy a unique way of trading!

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Author: Ben Prescott
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