Binary option trading is becoming popular among people wishing to make some money in different markets without the hassle of paperwork and commitment that comes with the traditional investment methods. Among the many binary option brokers available, 24Option has proven to be the best choice for both new and old binary option traders. A number of reasons can be cited as to why this is so.
Real Pricing of the Markets
As opposed to using their own versions of market prices on their platform, which most binary option brokers do, 24Option uses real market pricing for trading. This is made possible by use of feeds from the Morningstar, an investment and research investment firm which are posted on the platform. Traders can thus be confident that they are using the actual market prices to do the trading with.
As compared to other binary option trading brokers, traders at 24Option gain an 89% payout on each trade placed. Thus, traders are assured of making maximum profits with each trade they place. This payout is by far the highest offered in the binary option trading market. What’s more, there is a 15% rebate on money invested in the money trades.
High Trade Limits
24Option offers trade limits of up to €50,000. This means that, with the 89% payout, traders can make a lot of money from just one trade. The trade limits vary depending on the type of account a trader has. Standard account holders have a trade limit of up to €250 with payouts of 83%, Silver beginner account holder have a trade limit of up to €2000 with payout of 83%, Gold account holders have trade limits of up to €25,000 with payouts of 85%, Platinum account holders have trade limits of up to €50,000 with payouts of 87% while the diamond account holders benefit from the 89% payout on every trade. A trader can thus choose to invest more and make more profits from trades placed.
Large Trading Resources
If you are a novice and wish to know more on how to successfully place trades and make profits continually, then this is the right place for you. 24Option brokers have a trade platform that allows you to learn how to trade from a video centre. You can thus get trading tips as well as insights on how to manage your portfolio from the video centre. Furthermore, each account has a personal manager who will help you make the right decisions with regards to binary options trading.
Ability to Trade from Anywhere, Anytime
24Options have a separate website that specifically caters to mobile access to their platform. Thus, you will not have to worry about sitting on a computer all day in order to make a trade. The platform is currently made available to smart phone users as well as other mobile device users such as tablets. Traders going on vacation, or those whose schedules do not allow them to have time to sit down on a computer can thus continue trading normally right from the palm of their hands.