When it comes to binary options trading, we often stress that the choice of the right broker is the first important step. In our opinion 24winner is a safe choice, more in this review.
This broker is in fact not a new one. His original name is Winner Option and 24winner is only the new name of the same company. And why do we say it is a reputable broker?
First of all because of what other traders say. We have not received a single complaint about this company. The second reason is regulation, this broker is based on Cyprus and regulated by the CySec and also has licences from national authorities in many EU countries including the Financial Conduct Authority (FCA) in Great Britain.
That means not only that you will always have a third independent body which you can complain to in case of problems, but also that funds on your trading account are insured up to $20,000, so you cannot lose your money even if the company runs into problems.
The trading platform is very simple and intuitive as it is often the case with binary options brokers. But the 24winner platform is quicker than average, it does not lag, you can quickly change options, assest and everything else, which makes trading seamless.
Return ratios are among the best, between 70 and 85 %. The minimum investment is $10 with classic high/low option and $5 with short term options. The minimum deposit is $200. And you can get a deposit bonus up to $2500.
The type of binary options you can trade are: Classic (high/low), Speed Master (short term), One Touch and Touch/No Touch. Then you have PRO option for custom choices.
You can trade stocks, currencies, commodities and indexes, in total over 120 assets.
In your platform you can switch between different languages: English, French, Spanish, Italian, German and Arabic.
24winner offer educational materials too. They have a trading academy with videos, courses and e-books. You can communicate with support by phone, e-mail or online chat.
|Minimum trade||$5 (short term) / $10 (classic options)|
|Bonus||Up to $2500|
|Binary options||High/low, Speed Master, Short term, One Touch and Touch/No Touch.|
|Regulation||Yes (CySec, FCA license and others)|
|Deposit methods||Credit/Debit card, Wire transfer, Skrill, Neteller, eKonto, WebMoney, Fast Bank Transfer|
|Withdrawals||Credit/Debit card, Wire transfer, Skrill, Neteller, eKonto, WebMoney, Fast Bank Transfer|
|Assets||Stocks, currencies, commodities and indexes.|