Binary options trades have a pre-set payout that is established in the initial contract. In order to make a profit, the underlying asset must end above or below the purchase price as you have predicted. 24option allows their customers to trade forex, indices, commodities and stocks. It does not matter how much the asset has moved it only matters if it is above or below the purchase price. You cannot sell your underlying asset before the expiration time. 24option allows its customers to receive 89% of their investment in one hour. This type of trading is called binary options because traders have two options; a call or a put option. A call option means that you will make a profit if your underlying asset is higher than the purchase price at the expiration time and a put option means that you will make a profit if your underlying asset is lower than the purchase price at the expiration time. The 24option online trading platform is available in many languages including English, Japanese, Korean, French, Italian, Spanish, German, Arabic, Portuguese, Romanian, Indonesian, Danish and Swedish. 24option has live chat, email and phone support.
Stock options and binary options are different because binary options have shorter and fixed expiration times and fixed payouts. Stock options are traded over longer periods of time and payouts can fluctuate. With 24option, you can trade directly from the website without having to download software onto your computer. 24option has a wealth of information on their website. You will find a frequently asked questions section about the 24option trading platform as well as answers about binary options trading in general. There is also a glossary of trading terms, a trading education section, market updates every day and a market analysis archive. Customers also have access to trading manuals and a binary options eBook. 24option uses many market indicators that can be used to determine the direction of the market. These indicators include APICS Survey, Construction Spending, Consumer Confidence, Existing Home Sales, Factory Order, Info Business Climate in Industry & Trade, International Trade, Jobless Claims, New Home Sales, Personal Income, Purchasing Managers Index, Retail Prices Index, Business Inventory, Chain Store Sales, Consumer Price Index, Durable Goods Order, Gross Domestic Product, Import & Export Prices, Institute for Supply Management, Money Supply, New Home Sales, Personal Income, Philadelphia Fed Survey, Producer Price Index and Unemployment Rate.
Trading with 24option
It is easy to start trading with 24option. You only need to fill in your personal information, choose the currency you want to use in your account and you can start trading. 24option has many underlying assets that you can trade with, including commodities, stocks, indices and forex. The commodities that may be traded with 24option are oil, gold and silver. The stocks that may be traded with 24 option are Apple, Nike, Amex, Google, JPMorgan Chase, IBM, McDonalds, Tata Motors, France Telecom, Vodafone, AXA, Amazon, CITIGROUP, Baidu, Google, Microsoft, Coca-Cola, EXXON, ICICI Bank, Barclays, Societe General, BP and Fiat. The indices that can be traded with 24option are Dow Jones, NASDAQ 100-Future, TA-25, Hang Seng Future, CAC 40-Future, DAX 30-Future, IBEX Future, S&P 500-Future, TADAWUL, ASX 200-Future, NIFTY Future, SMI Future, FTSE 100-Future and MIB 40-Future. The currency pairs that can be traded with 24option are GBP/USD, EUR/JPY, CAD/JPY, EUR/USD 60 seconds, GBP/JPY, USD/CAD, USD/TRY, EUR/CAD, EUR/USD, AUD/USD, EUR/GBP, GBP/USD 60 seconds, USD/JPY, USD/CHF and EUR/TRY. 24option customers may trade with High/Low, Touch/No Touch or Boundary setting. A High/Low setting means you are predicting that the asset price will be higher or lower than the purchase price. A Touch/No Touch setting means you are predicting whether the asset price will either reach or not reach a target price. A Boundary setting means you are predicting whether the asset price will be inside or outside a certain range.
24option uses security and privacy information to protect you and your account. They have many security features that are designed to protect your account from unauthorized access and fraud. 24option does take your personal information so they can give you a more personalized experience. However, 24option does not share your personal information with third parties unless required under the law by government officials or to process payments and other types of analyses. This company will not misuse any personal information and it will only be provided to third parties when necessary to perform specific tasks. 24option does use aggregate information for demographics or market analysis but they will not use any identifying information that will indicate you as a customer.
24option Features and Payment Options
24option has several different accounts. The standard account will give you complete access to the trading platform including options to trade High/Low, Touch/No Touch, High Yield and Boundary options. This account is free of commission fees, offers 24-hour assistance and access to the 24option video center and all trading assets. The 24option Gold account will also give you total access to the trading platform and Touch/No Touch, High/Low, High Yield and Boundary options. You will also get 24-hour assistance, access to the video center and trading assets and there are no commission fees. The Gold account will also give you an additional 2% return on your investments. As with the other accounts, the 24option Platinum account will give you access to the trading platform with Touch/No Touch, High Yield, Boundary and High/Low options. The Platinum account also will give you access to the all trading assets and the video center along with 24-hour assistance and there are no commission fees. In addition, Platinum account holders will get a complimentary trading session with one of 24option’s experts and a 4% return on all investments. 24option customers can also download the trading platform to their mobile form or tablet. This mobile application allows you to trade binary options and have access to all market news, charts and financial tools.
There are several methods you can use to deposit and withdrawal money from your 24option account. You can use a credit card, electronic payment or wire transfer to deposit funds into your account. The accepted credit cards and electronic payments are Discover, Laser, CartaSi, Dankort, Carte Bleue, JCB, Maestro International, Diners Club International, MasterCard, Visa, Money Gram, Money Bookers and Liberty Reserve. The minimum deposit using a credit card is $250, the minimum deposit with an electronic payment is $250 and the minimum deposit with a wire transfer is $1000. The maximum daily limit for a credit card deposit is $10,000 and the maximum monthly limit for a credit card deposit is $40,000. There are several currencies that you can deposit in your account including the Euro, the Japanese Yen, the British Pound and the U.S. Dollar. Credit card deposits will be credited to your account immediately and wire transfer deposits may take up to 5 business days to be deposited. You can also use these methods to withdrawal funds from your account. There is no minimum withdrawal amount and the maximum withdrawal amount is only dictated by the funds in your 24option account. You may make a withdrawal once a month for free and each additional withdrawal will cost $30.
Areas of Activity
Yaymay Investments Limited makes sure that all information provided to traders is secure and sealed. With its main office in Cyprus, it also holds offices in UK, USA, Japan, South Africa and a string of European countries, where it has the necessary regulation specific to the country. This transparency has helped it become a premier player of binary options. Grievances are fast resorted to, and transactions are smooth, with numerous payment options.