Archive for the ‘Forex Trade’ Category
One of the most useful features that we found during our 24option review was their free demo account, which was surprisingly hidden on the site. A bit of investigating indicated that traders are eligible for a free demo account only after they make a minimum deposit of $200. Still, compared to other binary options brokers such as Bloombex Options which don’t offer a free demo, this was surprisingly comforting. Equally comforting was the broker’s BuyBack option which allows traders to essentially ‘cancel’ their trade up to 5 minutes before expiry to avoid losing the bid. Although all of the money won’t be returned, this option works well to avoid a total loss on the position. We were also satisfied with the company’s ample binary options resource center, including a full glossary of trading-related terms. However, more useful than this is the personalized trading tutoring that is available via chat. Finally, we were excited to see that 24option review offers a wide range of bonuses which is always a nice thing for a new trader. Although we don’t necessarily recommend choosing a brokerage based on the company’s bonuses alone, it’s an added perk if you select 24option review on your own.