24Option is a popular Forex CFD broker in Europe, that offers trading on many assets types including Crypto. 24Option is owned by Rodeler Ltd, which is located at: 39 Kolonakiou Street, Ayios Athanasios, Limassol, Cyprus.
Contact phone number in South Africa is: +27 10 500 8042 and in the United Kingdom: +44 161 960 0200. Customer service email address is: firstname.lastname@example.org.
Official brokers website is: https://24Option.com.
24Option Broker Review
24Option offers their clients the Scipio trading platform for trading CFD’s on a variety of underlying assets. Investors also have access to trading via the Meta Trader 4 platform.
They have the most currency pairs available for trading, and investors will find full size and mini CFD’s on the popular Crypto Currencies like; Bitcoin, Ethereum, Litecoin and Dash. Spreads on BTCUSD is a reasonable $75. Leverage is limited to 30 times for retails traders in Europe.
Another reason they have become one of the most popular brokers worldwide is their many deposit options. International traders have the option to use; Neteller, OKPay, JCB, Switch, Skrill, Perfect Money and more. Their minimum trade size is $10, and the minimum deposit for a new trading account, is only $100.
24Option License & Regulation
What we look for in a Forex / Bitcoin broker to determine if they are a legit broker or a scam broker is very simple. Are they licensed and regulated by a respected government regulator. All brokers must have a license in order to legally operate.
Click here to view details of 24Option regulatory oversight.
- Europe: Owned by Rodeler Ltd, they are a financial services company authorized and regulated by the CySEC under license number 207/13, since July 11th 2013. They are also registered with CONSOB in Italy, BaFin in Germany, and the FCA in United Kingdom, see here.
- South Africa: Smarttool SA Proprietary Limited (Smarttool SA), is an authorized Financial Service Provider, regulated by the Financial Services Board (FSB) of South Africa. Their FSB license number is 48296.
- International: Richfield Capital Limited is regulated by the IFSC in Belize, license number IFSC/60/440/TS/17.
When choosing a CFD Forex broker it is always important to check the list of licensed brokers here, to see if the broker is licensed by a government regulatory agency.
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