24Option Review

24option Official Logo 2019

24Option is a well established and popular CFD broker, that offers trading on many assets types including Forex and 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: info@24option.com.

Official brokers website is: https://24Option.com.

24Option Reviews

Our review of the broker 24Option shows, that they give investors the Scipio CFD trading platform. Investors also have access to popular online trading platform MetaTrader4 (MT4).

You will see that they have all major currency pairs available, and you will find both full size and mini CFD’s on popular Crypto Currency pairs. Bitcoin, Ethereum, Litecoin and Dash, and listed with spreads on Bitcoin currently at $70. Margin trading or leverage is limited to 30:1, for retail investors in the European Union.

One of the many reasons that they are such a popular global broker, 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 Trading Software
24option Trading Software

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.

Open Account 24Option
Risk Disclaimer: “Investors Can Lose Their Entire Balance”

Compare 24Option

If you are looking for the best online brokers for trading CFD’s, you should consider using one of the best brokers.

ForTrade is the best broker which is authorised by FCA United Kingdom, see here.

Try a Free Demo Account on their amazing trading platform, signup here.

Plus500 is an established CFD broker with Stocks, Oil and Crypto Currency trading.

Their unique trading platform makes them a popular choice, signup here.

*CFD Service, 80.6% lose money

Best Forex Brokers

Are you currently investing with this broker? Please share your experience in the comments section below.