24Option

Admin July 14, 2024

Summary

24Option is a Cyprus-based forex broker that offers numerous bitcoin forex pairs along with the standard range of investment types. They have a reputation for great educational content, as well as a reliable customer service. The prices are higher than average if you don’t have a premium account, and the trading platform is mediocre.

Regulated

Payment Methods Used

bank wires, credit/debit cards, Neteller, Skrill, and Perfect Money

Meta Trading Softwares Used

MetaTrader 4

Overall Rating

1/ 5

Reviews

Yana
1/5

This is such a scam!!! Once my mom has made her withdrawal deposit both her broker and customer service has stoped responding to her and the same thing happened with my sister. My mom has been trying to get in touch with customer service for a WEEK now to see what her next step is and no one responds and her broker is just ignoring her! So now I’m worried about paying my withdrawal fee because there is a very high change that I won’t hear back from anyone as well and loose all my money.

Liam
1.1/5

This is for all those who have lost dearly trading binary options, mostly when you are sure that your broker has been scamming you out of tons of cash. It's normal for you to feel confused and down, but I can assure you that this was the same case with me. I was lucky to meet with Mr. Aaron Gabriel, a computer wizard, and he helped get 80% of my funds back in no less than one week. I am so grateful. I think someone else might need his help, which is why I have to leave this post here as a sign of gratitude for his job well done. Feel free to contact him via Aarongabriel310 @- gmail.-com Please mention that you were referred by me so he can attend to you immediately, because he his been careful of imposters and spy's

Charles Walker
4/5

I am trading with 24option and learned a lot from a year of trading forex with them. I do enjoy attending free webinars so I could understand forex trading better. Right before I engaged into trading the risky world of forex, I made sure I read the detailed our24optionreview.com review because it helped me appreciate stock market numbers and figures better.

Ashley
3/5

Hi my name is Ashley I have deposited with 24 option in the past about 60000 usd. I have initially deposited 2000usd then my acc transfers to account manager and he convinced me to deposit another 50000 USD in order to make profit and I have lost my funds. First option recovery helped me to recover my funds back from a scam company I will recommend FIRST OPTION RECOVERY to ally friends out there to recover your lost funds. +13157157571 Info@firstoptionrecovery Remember friends do not go with people who don't have company domain email I'd because they are Fraudsters they make email with Gmail And they will run with your money. They will scam you once again

Darragh Walsh
2/5

My main rule of investing is not to be afraid to take risks, but at the same time, the risk should be justified. Everything is justified here and trading is more than convenient. However, all the same, there is not enough information about other possible strategies, for example, in articles or something like that…

Julie
1/5

Total scam. They target new traders with promises of teaching them as they are the future traders but they just dictate your trades, force you to deposit more money to prevent positions closing and then on a losing positions tell you to average down as it is going to turn but of course it doesnt, and you lose your money 3 times faster. The team were Chris Panagioutu. Maksimillian Gaiduchenko, and Gal Sa. Do not go near this company.

Pritesh
1.3/5

Avoid at all costs! Clueless account managers who ‘advise’ on big lot size trades targeting new traders. Key principle of trading is risk management/ this guys do not understand this! They are just money hungry sales people with no client care.

Katha Amish Gandhi
1/5

I read almost all the reviews mentioned below. Just want everyone to know These people have shut down 24 market options and have started a new trading platform named 48 rocket options. They use the same tactics to rob people. Please be aware of them. I had got an Instagram request from a person called susanalice_1 on Instagram and I have also been a victim for such a trading scam. Please help me out if u guys have any contact who can help me recover my funds asap.

John Carr
1/5

Backroom staff very efficient and helpful. However, my account manager was an utter disaster. He continually misread the market and made the wrong investments for me. He constantly nagged for me to put more money into the account, making up a new reason / prediction each time. He was always wrong. Ultimately he made a particularly bad call, totally misreading the market and lost me a lot of money. Use 24 option by all means if you know what you are doing. If not, keep your money safe. But whatever you do, DO NOT USE AN ACCOUNT MANAGER with this company.

Jaroslaw Niebrzydowski
1/5

DON'T GO FOR IT !!! Save your money. Save your nervous and peace of mind. Anyway, the CySEC and FCA fully suspended the regulatory authorisation of 24option and Rodeler generally on the 1st of June 2020. They even didn't inform customers about it. They are suspected of violations of investor protection.

Aaron Bull
1/5

Complete joke, complaints department have taken 6 months of me chasing to basically say tough take it or leave it. Has cost me a fortune and as they have had their license taken away I have no choice. Customer service is disgusting, clearly license was removed as they are not very good and not very helpful unless your giving them money

Karl Swenson
1.1/5

Soliciting with RE COUPÇART after reading Mr Tim Alsip’s review brought ease to me after almost concluding that all hope has been lost Stay away from this illegitimate company

Marcin
1/5

I do not recommend broker calls every day to ask to add more money with promises of making big profits which never happened lost almost 20 thousand. Problem with withdrawal any money as soon I did want to do it I had call from a broker who was convincing to do not do it. Deliberately suggesting open a transaction in wrong direction to loose money and then again call to ask for more money highly do not recommend

Nick wilson
1.2/5

Wouldn’t even give them one star put £250 into account tried to withdrawal and couldn’t then did not use account for 2 months and charged £68 first month for inactivity then £102 second month not worth the effort .annoy you constantly with phone calls to trade and then when you have a problem you can’t get hold of them . Stay away a bunch of rogues

Mike de Beer
4/5

Although I lost a huge amount of money it was because I did not listen to Mrs Elisona from 24Option. Several times she tried to "save" me from losing. I can only respect her for good advice. Thank you Ellie

Annie Gilliver
1/50.

I have never experienced such appalling service. I lost £17000 in a couple of hours and my account manager never even called me. (money I accumulated) He never wanted me to withdrawal money and it was a painful process when I did twice. It took 16 days to get my refund when they were shut down for misconduct. I only got it as I contacted FCA and coppied in an email . It was constant lies and they ignore you .

Edwin Claridge
1.1/5

24Option have been told not to trade by FCA and CySEC and I'm having a real struggle getting my funds back. They were told to return funds by 11th June but they are now giving an excuse that their banks are holding up fund returns. does anyone else have the same experience.

Alan Simes
1/5

24Option may be a legit company on paper, but they certainly act like a scam company. I had a small $250 account, just dabbling. I was convinced by George, my account manager, to invest $5000, which I did. As a novice, I followed his advice, and the money disappeared quickly. 9 Months later a Erin called me, to help me recover my losses. As a fool I believed him, and started of with $500. It's also gone, after receiving minimal help from Erin. Once they get you to transfer funds, their supposedly help disappears. I suppose they catch a lot of suckers like me around the world. Be careful, and don't believe the promises they make

Neil Campbell
1/5

A complete con. I started the process of enrolling, but then withdrew as I decided that I was too inexperienced. The company had already taken £250, and after some time they returned £177.30. Despite various requests to return the balance, I have been met with stoney silence. Go nowhere near this company.

Mark Koplan
4/5

I am surprised by the large number of inaccurate reports on TrustPilot. I expected better from such a reputable site. I will not comment on other review but instead only on 24option which I have personal experience with. I see a lot of recent reviews (last 30-90 days) with horror stories about people loosing money trading binary options with 24. The strange thing is that 24 has not been offering binary options for more than a year now. They stopped the product completely and only offer Forex and CFD trading. So what's up with all these fake reviews? If you read them all carefully you will notice that they are just promotional posts for legal firms trying to get you to use their services to get money from 24. So after my little rant above, here is my review: The customer service of 24option is really good and quite helpful. The platform is OK, not the best in the industry, but has a good selection of products to trade and it's always accessible which is the main thing. I was able to deposit and withdraw funds on multiple occasions with no issues. Only delay i faced is when one of my documents was older than 6 months and had to re-submit. This caused a couple of days delay with one withdraw but quite normal for a regulated firm. Don't believe all the hubris ... this company is very good. Do your research.