There are various binary Options brokers out there, and some of them are good and some of them are bad, some of them are legit, and some of them are just scams. However, in order for you to know what is the best binary options broker out there, you will first need to know what is it that makes it the best in the game. In fact, we are going to tell you what people believe to be the best binary options broker, and we are going to back that up with serious evidence that will make you believe that it is the truth. So, without further ado, and based on many polls and votes, the best binary option broker in 24Option.
So, what is it that makes 24Option the best binary broker out there? Well, first of all, 24Option is on a list of experienced brokers that are known to be respected and honest. It has all the necessary permits and follows all the necessary regulations, so we can safely assume that they are legit and fair. Also, 24Option has a trading platform that is extremely easy to use, and practically everyone could learn how to trade in it. And besides all of that, the best thing about 24Option is the fact that people perceive it as a user friendly and, above all, a trusted binary options broker.
However, like with everything in this world, there are also some downsides to this binary broker, but the good thing about it is the fact that these downsides are smaller than all the downsides that other binary option brokers have. The first issue that people don’t like is the fact that it no longer serves the clients in the United States of America. However, this is hardly the fault of 24Option; it has more to do with the regulations in the European Union.
Now that we know all the good sides to it, and some downsides as well, we can tell you more about 24Option. If was founded in 2009, and brought a big boom to the binary option trading world. It is located in Cyprus, but is also registered in the United Kingdom, as well as in Germany.
Ever since it came out, it kept growing and growing, and today, it is considered to be the best binary broker in the world, as we have said earlier. The reason it is growing is the fact that it is different than all the other trading platforms. The main difference comes in the form of arranging the assets from the ones with the shortest expiry dates, to the ones with the longest ones. Also, one of the more important reasons of why it kept growing is the fact that the returns for major forex pairs are at 82%, and 70% for the minor ones! However, people usually hate the fact that the minimum investment is pretty high , it stand at 24 US Dollars. But, another good thing it offers is demo account for all the beginners out there. That way, they could practice trading, without fearing that they’ll lose their money.