24option Scam Test 2016

If you know anything at all about the binary options industry, you also probably know of a broker named 24option. Established in Cyprus in 2010, 24option is probably one of the most successful brokers in this business. Their incredible trading platform, professional support team and great trading options attract traders from all over the world. As a result of their excellent business policy and success, they are now official partners of big and famous sport clubs and athletes, such as Juventus FC and tennis player Boris Becker. Since our task is a constant check of the ways brokers operate, we did an investigation on 24option. Read our 24option scam test 2016 and check out the results.

24option Scam Test 2016 | Platform

We will start our 24option scam test 2016 with the most important thing for every trader – the trading platform. A bad trading platform can seriously affect your trading results, whereas a good platform can significantly improve your entire trading experience and help you a lot in achieving profit. 24option trading platform is definitely the best platform we have worked on. It looks very luxurious, but it’s at the same time very easy to handle and when you start trading on it, you will notice its great speed and short reaction time. This is very important because there are a lot of situations when you have to enter a trade as soon as you get some new information, so the fact that the platform responds to your commands this well is a big plus.

TechFinancials software provides four ways of trading, so you can choose whatever you think is best for you: High/Low, One Touch, Boundary and Short Term options. You can trade with foreign currencies, stocks, indices and commodities (over 100 assets in total) and this platform is also available as a 24option App, designed for Android and iOS devices. 24option trading platform is a great way to enter the binary options world and to adapt to this kind of trading in a very short time. All you have to do to get started is to login, which we’ll explain in the next part of our 24option scam test 2016.

24option Trading Platform

24option Trading Platform

24option Scam Test 2016 | Login

So, the login is your first step towards trading with this broker and, as you can read in our 24option Login article, it’s quite easy to complete. First, you will have to click on the “Open Account” button. You will see two forms that you need to fill out with some basic personal information, such as your name and date of birth. Then, you will have to choose the currency you want to trade with, but be aware that you can’t change it once you make this decision.

Later on, you will be choosing your account. There are five account types to choose from, depending on how much money you are willing to deposit. Standard account (minimum deposit of $250 or $400 for traders from New Zealand, South Africa, UK or Singapore), Silver account (minimum deposit of $2,000), Gold account ($25,000), Platinum account ($50,000) and Diamond account (for the price of the Diamond account you will have to consult your account manager) are your options here. Every type has its own particularities: the smaller ones are designed for beginners and the expensive ones have perks more suited to professionals. If you want to find out more details about this topic, you can always read our 24option Account Types article. Now we will explain how to make your first deposit in order to create an account, so stick with our 24option scam test 2016!


24option Scam Test 2016 | Deposit and Withdrawal

As promised, in this paragraph of 24option scam test 2016 we will tell you everything you need to know about depositing and withdrawing your funds. Depositing funds into your 24option account takes only a few minutes and the whole thing is quick, easy and completely safe. There are various ways to fund your account, such as credit cards (Visa, MaterCard and Discover), Skrill or wire transfer. When it comes to currencies, you can choose between USD, EUR, GBP, RUB and JYP, so the selection is quite broad here. The minimum deposit is $250 ($400 for the countries mentioned in the last paragraph), a pretty average sum in the industry, but when you realize what you get for that, you’ll see that it’s worth every last cent.

24option Account Page

24option Account Page

As for the withdrawal, this process is also very easy and secure. You will have to fill out a simple form to initiate it and, in order to comply with anti-money laundering policies, the broker will request the following documentation before your first withdrawal: an official government-issued picture ID, a proof of address and your credit card’s front and back showing only the last 4 digits (if you will use a credit card to deposit funds). As you can see, the whole thing is pretty simple and very safe. This broker’s general safety policy will be the subject of the next part of our 24option scam test 2016, so read on!

24option Scam Test 2016 | Safety

As you can read in our Best Binary Broker – 24option article, 24option was named the best broker in 2015, and their safety is one of the main reasons for this success. 24option is regulated by CySEC, the Cyprus Securities and Exchange Commission and it also has a great 128-bit SSL encryption system, a protocol that provides a secure channel between two machines operating over the Internet or an internal network. With 24option you can be sure that none of your personal data will be shared with anyone and that your money will be kept safe in your account. We never had any troubles while dealing with this broker, so we are very sure that you will not experience any difficulties, either.

24option Scam Test 2016 | Conclusion

As you can see from our 24option scam test 2016, we are 100% convinced that 24option is a reliable broker. Their platform is very intuitive and will help you a lot with your trading, especially when you know that all the processes, such as login, deposit and withdrawal, are very easy to complete. It is also one of the safest brokers we have ever worked with, and we are pretty sure you won’t regret if you open an account with 24option. Trust the results from our 24option scam test 2016 and start you trading career with this broker today!



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Author: Ben Prescott

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