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24option Trading Platform - How to trade at 24option?

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24option
5/5 of 1 ratings

24option Platform Review

24option trading platform is fully interactive and web-based. There is nothing to download, and it can be used on any personal computer, laptop, iOS or android device.

24option offers binary options trading under a license from Cyprus Securities and Exchange Commission (CySEC).

The design is simple and clean, nothing too fancy or shiny to irritate the eye and affect your concentration while trading. The dark design mixed with fine colors and elements creates a stunning atmosphere.

The menu is easy to navigate, and even if this is your first time at 24option, you will get used to it in just a few minutes.

All available currency pairs are visible on one page; there is no need to search and select from drop down menus. Forex binary option trading is available 24 hours per day, so there is always some action at 24option.

24option Platform Navigation

The assets display is clear and offers plenty of currency pairs, stocks and commodities–over 80 assets. Traders can make favorite selections and follow only their preferred pairs in one table. The return on each successful trade could reach up to 360%; it depends on the target price and expiry time. Please also have in mind you can lose your invested capital per unsuccessful trade.

24option_trading_platform

How to perform a trade?

  1. Select an asset
  2. Choose an expiry time
  3. Set a price direction

All the required features for trading are clearly displayed, and even a new trader can complete an investment in a few seconds. Traders need to consider the market value of the currency pair and the expiry time, as well as what amount to invest and what the return will be.

Each asset price is displayed on a small screen chart integrated into the platform, but you can also opt for a separate chart that opens in a new window. This chart offers many more features, such as drawings and time scales, making decisions easier.

Important tools

The most important tool at 24option is the “Early Closure.” This tool allows traders to close positions with given prices before the expiry time.

24option Types of binary options

24option offers 7 different types of options with different complexities. For example, the most popular way to trade is High/Low, whereas High Yield Boundary requires some special skills. You have to consider your level as a trader and choose which type of trading best fits you.

High/Low

24option_high_low

In this type of trading, there are current market prices, High options and Low options. You have to decide whether the price will close Higher or Lower than the current market price at expiry.

Assets: wide variety of underlying assets
Expiry times: 5 min to 1 month
Min return: 70% per successful trade
Max return: 88% per successful trade
Min investment: $24
Max investment: $200.000

Above/Below

24option_above_below

Here, the payouts can be extremely high—up to 360%. Traders have to decide whether the market price will go Above or Below the target price. With the Up/Down arrows you can control the target price. Have in mind you can lose your invested capital in case of unsuccessful trade.

Assets: Forex and Commodities
Expiry times: Fixed
Min return: 220% per successful trade
Max return: 360% per successful trade
Min investment: $24
Max investment: $10.000

Touch/No Touch

24option_touch_no_touch

Select an asset and decide whether the market price will touch or not touch the target price anytime before expiry.

Assets: Forex and Commodities
Expiry times: 10 min to 30 min
Min return: 70% per successful trade
Max return: 75% per successful trade
Min investment: $24
Max investment: $10.000

High Yield Touch

24option_high_yield_touch

Will the market price Touch the target price anytime before expiry? With the Up/Down arrows you can choose a higher or lower target price. If you are correct, the payout is up to 360%.

Assets: Forex and Commodities
Expiry times: Fixed
Min return: 200% per successful trade
Max return: 360% per successful trade
Min investment: $24
Max investment: $10.000

Boundary

24option_boundary

In this type of trading, you need to consider current price, upper price, lower price, and In and Out options. You have to decide whether the market price will be located In or Out of the target price’s range at the expiry.

Assets: Forex and Commodities
Expiry times: 10 min to 1 hour
Min return: 70% per successful trade
Max return: 75% per successful trade
Min investment: $24
Max investment: $10.000

High Yield Boundary

24option_high_yield_boundary

There is only an Out option. You have to decide whether the market price will be above or below the range. By using the Up/Down arrows, you can control the range size.

Assets: Forex and Commodities
Expiry times: Fixed
Min return: 200% per successful trade
Max return: 350% per successful trade
Min investment: $24
Max investment: $10.000

Short Term

24option_short_terms

Here the rules are the same as the High/Low type of trading, but the expiry time is as short as 30 seconds, 60 seconds, 2 minutes, or 5 minutes.

Assets: All
Expiry times: 60 sec, 2 min, 5 min
Min return: 67% per successful trade
Max return: 75% per successful trade
Min investment: $24
Max investment: $50.000

We can easy conclude that 24option’s trading software has plenty of options to offer. All of them provide real time market prices and high payouts from 70% up to 360%.

24option Disclamer: Trading binary options involves substantial risk and may lead to loss of all invested capital.

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