24 Stock Option Broker Review

24 Stock Option offers an impressive range of bonuses to both existing and newly registered clients while offering a high tech and intuitive web based trading platform. There is a good range of contact options through which this broker’s customer support team can be contacted, including an instant live chat option, and with more than 130 assets to choose from, there is plenty to satisfy the majority of traders.

Intro

24 Stock Option was established in 2010 and so have a reasonably long and reliable history in the financial markets. As this broker is CySEC licensed and regulated, clients can rest assured of the safety of their funds which are kept in segregated accounts as required through the terms of their compliance. Their website is safe and secure, protected by strong encryption, for the clients’ peace of mind and they offer a web based trading interface which is simply to access and use, even for novices. As well as offering binary options trading, 24 Stock Option also offers trading in Forex and CFDs.

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Company Information

Formed in 2010 and owned by Rodeler Ltd with its base in Limassol, Cyprus, 24 Stock Option is a trustworthy binary options broker that is licensed and regulated through CySEC. This broker has also won a number of awards for its financial services including accolades from Investing.com, EGR, the iGB Awards and the CIOT Expo.

Assets Available

The assets offered by 24 Stock Option include:

FX – 34 currency pairs

Commodities – 11

Indices – 25

Stocks – 61

Overall, there are around 130 underlying assets to choose from with this binary options broker.

Bonuses & VIP programs

24 Stock Option offers a number of impressive bonuses for its clients including technology bonuses for clients who use iPads or MacBooks, New Account bonuses for clients who register for the mobile app, Cash Bonuses, Risk Free Trades, Money Back Guarantees on first trades and occasional general gifts to both existing and new traders. This broker also offers several levels of account to suit the needs of different types of traders, and the highest level Diamond and Platinum accounts offer several perks and benefits including customisable trading platforms, live training sessions and free email alerts.

Mobile

While the 24 Stock Option trading interface is entirely web based and therefore requires no downloads or memory intensive installations, but can simply be accessed from anywhere in the world through any internet enabled device, this broker also offers a dedicated mobile app for both Android and iOS devices to facilitate trading on the go. Offering an all-encompassing trading experience from the palm of your hand, the intuitive app is available in 12 languages to accommodate the needs of investors around the world and is completely safe and simple to use.

Deposits and Withdrawals

24 Stock Option makes it easy to deposit funds into live trading accounts with a secure and safe system. Available payment methods include:

• Credit Card
• Skrill
• Neteller
• CashU
• SOFORT
• AstroPay
• Qiwi
• Neosurf
• WebMoney
• Paysafe Card
• Moneta
• Giropay
• iDeal
• Postepay
• Bank wire transfer

The minimum deposit required varies by the type of funding method chosen, with the minimum being £250 for credit cards, £250 for Skrill and £1000 for bank wire transfer. The maximum amount which can be deposited stands at £10,000 per day and £40,000 per month. There is a choice of deposit currencies including Euros, British Pound Sterling or Japanese Yen. Credit card and Skrill payments are credited to the account immediately, however bank wire transfers can take up to 4n working days.

Withdrawals are easily actioned online, and can be made via bank transfer, through selected online payment systems or to a credit card. Charges will depend on the account type held, with Diamond and Platinum account holders enjoying free withdrawals. Gold members receive one free withdrawal monthly, and Basic and Silver customers enjoying only one free withdrawal with charges being applied to every further withdrawal. A fee of 3.5% is applied to credit and debit card transfers as well as Neteller, a 2% fee is applied to Skrill transactions and bank wire transfers are charged a flat fee of £20. Withdrawal requests can be put through at any time and there is no minimum limit on withdrawals except by bank transfer where the amount is a minimum of £80.

Customer Support

24 Stock Option can be contacted by several methods including:

• Online web form
• Telephone
• Email
• Live Chat

The knowledgeable support team are available to respond to questions and issues 24 hours a day, 6 days per week and support is available in multiple languages including: English, Polish, Dutch, Norwegian, Swedish, Portuguese, Arabic, Russian, Spanish, Italian, German and French.

Extra Features and Resources

24 Stock Option have a range of additional resources and extra features for the benefit of its clients including free access to an updated economic calendar to help inform trades, cutting edge market news, a daily review, advanced market analysis alerts and a dedicated education centre which offers free ebooks and access to webinars that are suited to traders at all levels, from the novice right up to the professional.

Verdict

Overall, 24 Stock Option does offer some strong features that may prove appealing to its potential clients, however there are some negatives involved in choosing this broker too.

Pros

• High tech and intuitive trading software
• A 100% web based trading terminal which needs no downloads or installations
• Telephone, live chat, email and web form support available 24/6
• A wide range of traditional and e-Wallet payment methods
• A rapid withdrawal and deposit system
• A choice of several account types to meet the needs of both beginners and experienced traders
• A good range of bonuses for clients at all levels of experience
• Strong site-wide SSL encryption for safety of the client’s personal and financial details
• CySEC regulation for peace of mind
• Free webinars on a range of topics for all traders at all levels of experience
• Additional benefits for VIP clients
• Mobile app for trading on the go
• Multilingual support

Cons

• Cannot be used by US traders
• Fewer assets than some of its competitors

FAQ

Does 24 Stock Option offer different account types?

24 Stock Option recognises the needs of different levels of trader and therefore offers a choice of different account types to address those requirements. There are 5 levels to choose from: Basic, Silver, Gold, Platinum and Diamond. While all account types offer a multitude of benefits such as free access to the mobile app, one click trading, excellent leverage and high quality multilingual customer support, the higher levels offer additional perks such as access to a personal coach, live training sessions and the possibility to customise the website.

English isn’t my first language, can I get help in a language I can understand?

24 Stock Option offers impressive multilingual support to cater for the needs of clients around the globe. The languages offered include:

• English
• Polish
• Spanish
• French
• German
• Italian
• Arabic
• Russian
• Dutch
• Norwegian
• Swedish
• Portuguese

The website is also available in all of the above languages to facilitate trading for clients overseas.

Is 24 Stock Option a reliable broker?

Clients can rest assured that 24 Stock Option is a trustworthy and reliable broker as they are registered with and regulated by CySEC and are therefore obliged to comply with all regulations including the provision of segregated client accounts.

Can I trade with 24 Stock Option on my mobile device?

The 24 Stock Option trading interface is entirely web based and can therefore be easily accessed through any internet enabled device, however there is also a dedicated mobile app which can be downloaded to iOS or Android devices. This allows for convenient trading on the go, offering all of the main features of the PC version.

Does 24 Stock Option offer any educational resources?

This broker’s clients can benefit from a range of freely available educational resources that are designed to help traders at all levels to get the most out of their investment experience. There are free ebooks as well as webinars which are targeted at the needs of different levels of investor, from those that are geared towards the complete novice to those that have been designed to give a deeper insight for advanced traders.

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