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Forex

24option.com – online broker Review| FXScam is only true

Before us is a typical online broker called 24option.com, which at one time was quite significantly advertised on the Internet. And because the project is not new. He is already established and has been working not for the first month.

Specialists of the site allegedly engaged in Forex tradingas well as CFD contracts, plus a young and promising cryptocurrency market, which is just beginning to gain momentum, in their area of ​​interest and activity.

To trust or not this site, it is still to be clarified, and therefore we will consider the platform in more detail.

Official site

Contacts

  • Unit 303, No. 16 Cor. Huston and Eyre Street, Blake Building, Belize City, Belize

affiliate program

Sentence

The project has two specific proposals, namely:

  • CFD and Forex trading.
  • Trade in the cryptocurrency market.

There is also a “Training” section, where you will find all the necessary information about trading in these markets.

Platform Terms

24option.com It offers a modern platform for trading various assets, among which there are both currency pairs and commodity assets, as well as indices and much more.

To start working with the platform, you just need to go through enough simple registration procedure, then familiarize yourself with the rules of using the site, read about the risks that accompany the trader, then replenish the account, get training, if necessary, and then you can start trading.

Be sure to review the terms of trade and other clauses of the Agreement to avoid possible monetary losses and unpleasant situations.

Functional

Web service 24option.com offers a variety of trading tools, as well as a modern trading platform Meta Trader 4.

To start trading, you should take the following steps:

  1. You need to go to the trading platform.
  2. At the top of the line choose CFD.
  3. In the left column of the screen, choose which CFD we want to trade. For CFDs, you can also select the proposed filters: All, Indices, Forex, Stocks, or Commodities.
  4. We choose the direction in which we are going to trade. The numbers in the Buy / Sell column mean the number of points you need to dial in order for the transaction to be considered successful. That is, if the Buy column is worth the number 1.1158, this means that in case of a successful transaction, the closing level of the asset should exceed 1.1158. If the transaction closes below 1.1158, then the customer’s transaction is not successful.
  5. Next, select the time frame of your transaction. In the right column Buy / Sell will see the Transaction / Order window. If we want to start immediately, choose a deal. If we are waiting for some events that promise to influence the deal, and do not plan to sit in front of the monitor, we can select the Bid and set the criteria necessary for the position.

The main payment systems supported by the site:

  • Visa and Mastercard.
  • Skrill.
  • NETELLER.
  • Neosurf.
  • Qiwi.
  • Wire Transfer and many others.

Site supports a variety of popular languages ​​of the worldincluding Russian.

The resource has a secure connection and mobile version.

The trust

With the project, not everything is as good as we would like. If trading on the Forex market and the crypto market is risky, but you can still make money there, then trading operations with CFDs for the asset price (CFD) is almost guaranteed loss of money by users.

But still the company 24option.com clearly states this, though for some reason in small print and at the bottom of the site.

Here we can learn that this platform belongs Rodeler Limited, which is a Cyprus investment company, which is regulated precisely in accordance with the laws of Cyprus. What is Cyprus? And this is a well-known offshore zone).

This means that the company that owns the platform is registered offshore and it also pays taxes there.

As for the work of the site, it still functions since 2010.

Moreover, the IP address of the project is dedicated, which is at least some positive side.

But if you read user reviews about working with the site, in this case the situation is not too rosy.

Here we see both positive and neutral and extremely negative reviews. And it is not entirely clear, but who needs to believe, who is really telling the truth, which particular users should listen to, and so on.

Conclusion

Broker 24option.com it leaves behind an ambiguous impression: the platform is quite comfortable, its functionality is quite good, there is training and a lot of currency pairs and trading instruments.

However, offshore registration of the company owning the company, as well as high risk trading tools (CFD), plus the presence of various reviews about the platform, cause a lot of doubts about the integrity of the project.

. (tagsToTranslate) Forex / Forex

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