24Option commissions: Is it reliable in 2022 or
4 years ago I started investing en línea, and since then i have tried more than 32 en línea brokersAlthough not all have given me good experiences.
That’s why I’m always very careful now when trying a new platform and do my best to research it thoroughly before even recommending it.
During my search a couple of months ago, I came across an article which caught my attention because in the title they mentioned something about 24Option commissions and I couldn’t keep my hands in my pockets while reading it.
I had already read many other positive reviews en línea about it, but I wanted to see for myself if it really worked as well as other users said, and above all check what commissions he charged.
Here I am going to share my opinions about 24Option after researching for 2 months and telling you all my experience with this en línea broker so that you know if it is worth signing up for their platform.
[heading style=”default” size=”14″ align=”left” margin=”30″]I have researched 24Option for 2 months, and this is what I found out…[/heading]
▶ Minimum deposit at 24Option
▶ Types of accounts at 24Option
▶ How to open an account at 24Option
▶ What documents do I need to send to verify my account?
▶ Commissions and spreads of 24Option
▶ What assets perro I trade at 24Option?
▶ What types of operations perro I perform?
▶ What methods to deposit and withdraw money are there at 24Option?
▶ From which devices perro I trade at 24Option?
▶ Is 24Option a scam or is it safe?
minimum deposit at 24Option
The minimum amount to deposit with the broker 24Option is only $100, or its equivalent in any other currency such as the euro or pound sterling.
Now, this amount depends on the payment method you are going to use.
If, for example, you want to use bank transfers, the minimum deposit of money would be $1,000.
But this is the exception.
However, if you make your deposit with other methods such as debit or credit cards, Skrill, Neteller or Astropay, the Minimum deposit is only $100.
There is no maximum amount that you perro deposit, unless you make the deposits with rare currencies like sterling (but these go up to 40,000 units per month) so unless you are going to make a large investment, you do not have to worry.
The duration time for the money to pass to your account is immediate.
However, if you make the deposit with a bank transfer, It will take 3 to 5 days.
For that reason, my recommendation is that you always make your deposits through means such as debit or credit card, Skrill, Neteller, or Astropay, since with them the deposit is the lowest, and the money will be transferred immediately.
You should also take into account that, if you will use any other currency (such as reais, pesos, soles, bolívares), a conversion will be done at the time of deposit.
Types of accounts in 24Option
There is 5 types of accounts which you cánido access as a registered usuario on the platform 24Optioneach of them with different characteristics.
The types of accounts in 24Option mainly depend on the minimum deposit What do you do on the platform?
This is the first account you will have when you create a usuario on the website.
In fact, they give it to you immediately and for free.
He gives you $100,000 so you perro invest without risk in assets that you like the most You cánido do everything you want except making withdrawals and a few other options that are reserved for the following accounts.
here you cánido practice without fear to make mistakes and without any risk.
Cánido improve your trading strategies or try new assets in which to invest in order to diversify your portfolio.
It is the account that every trader should keep, either to learn a new platform, or to try new ways to make money.
At this point is where the real accounts begin, and to acquire the basic account you only have to deposit $100.
With this account, you perro start to make real operations with your own money and have the risk management that this implies.
That’s why you perro invest in more than 100 assets in CFDs (contracts for difference) or Forex.
And not only that, the account allows you to have a complete introduction to the platform, a manager and first-hand information about the financial markets.
You also have access to basic educational material to learn how to invest and decrease the potential risk in doing so.
To get this account you need deposit $2,500 to activate itand although it is the one that follows after the one used by newbies, it has destacable differences that cánido be of great help to you.
It is special for traders who already they have a little more knowledge but who are not experts yet, a middle ground.
In addition to all the benefits of the basic account, they also include others such as an explanation on risk management, more specialized courses and technical analysis of assets.
To this, you have to add that you do not have to pay monthly maintenance of your account, which relieves a lot.
Now here you entrar the floor of the greats, since To get this account you need to deposit $25,000 to unlock it.
Remember that each time you advance through the types of accounts, improvements are added, and this time the same thing happens, new faculties are added so that you perro enjoy a better experience in the en línea trading platform.
Here you will have available a personalized MT4 coursethe most habitual investment platform used by traders.
Also you perro make free withdrawals no problem once a month.
As you realize, you already begin to have many benefits, but You must be willing to invest big.
For this account, you must deposit $100,000 and you will be able to access all the features of 24Option. Agregado, it gives you the freedom to access and trade spreads.
Also, it allows you withdraw money completely free every daywithout limits.
The amount of money that must be invested to obtain this account suggests that it is specially designed for users who they dedicate a lot of time to this tradingwho do not take it as a hábitoand who want to win big.
Therefore, if you are not one of those people, stick with the Gold account as much as possible.
Last but not least is the diamond bead.
For her, you have to deposit $250,000.
I know the amount is a bit high, but you will have access to EVERYTHING on the 24Option platform.
You will be able to see all the educational material from the basic to the one designed for experts, without maintenance, free withdrawals, personalized account agentsand the security of entering a very complete platform.
Remember that you will also have access to the demo account to practice what you need to improve, so I recommend you not waste the money invested and ensure your profits with practice and knowledge.
As To open an account at 24Option
1. Go to the 24Option page
The first step you must take to create an account at 24Option is gonna their website and register.
Registration is totally freeand it won’t take you more than 2 minutes to complete it.
Clic on the backlink below To go directly to the 24Option page and register:
Once you are on the 24Option page, look at the top right the yellow “Enroll” button and clic on it to start your registration.
2. Register your data
When you press that button, a box will appear in which you perro create a demo account or a real one.
I recommend you to start with real account directly because by doing so, they will also give you the demo account.
On the other hand, if you only open a demo account, you will not have access to the real one, and later you will need refill all your data to have a real account.
The information that you must place is full name, dirección de correo electrónico and telephone number.
Then, you have to clic on the box “I am over 18 years old” and press the button “start trading”.
3. Make your first deposit and start trading
!! Congratulations!! Since you have created your usuario and your accounts, you perro enjoy the platform.
now you just need make a $100 deposit on it to be able to start operating and generate income with your investments.
What documents do I have to send so that check my account?
To verify your account in 24Optionthe platform will ask you for 3 important documents.
The first is your identity document, the second your address and lastly the payment method you are going to use.
The confirmation of an account helps you withdraw money and take it to your cómputo in the bank of your choice as soon as possible, so you perro really use it to pay your bills or whatever you want.
That’s why, the broker has a 3 stage process.
First, they ask for your identity document, which perro be your DNI (national identity document), ID, or your passport.
Something that verifies the person you say you are.
Then they check your address to see if you’re part of the countries where 24Option is accepted.
To do this, they ask you for a service invoice.
At this point they make you a summary test, to be sure that the information you are giving is correct.
Finally, comes the proof of the payment method, in which you must send a couple of photos of your card debit or credit card (if you are using it).
Already with all this full, the approval of your account will take a few hoursor maybe a day, and you will be able to make withdrawal requests to send your money to your bank account.
Commissions and spreads by 24Option
There are 3 commissions that you have to take into account when investing in 24Option: the commission for withdrawal, the inactivity, and the maintenance.
The first is the withdrawal commission.
This is a charge that is made to your account cómputo for each money withdrawal what are you doing.
It varies depending on the withdrawal method you are going to use.
For example, for bank transfers, the amounts are fixed rates depending on the currency you are going to use.
The figures are $30, €25, £20 and ¥3,000.
While in the case of debit or credit cards, 3.5% is charged based on the amount you are going to withdraw. The same happens with the other electronic methods, with the difference that they vary between 0.9% and 3.5%.
The second commission is the idle.
An account is considered to be inactive when it has 2 months or more without the usuario connecting or carrying out any transaction of any kind.
Now, the amount is not fixed.
It varies according to the months you have without entering your usuario.
Up to 2 months you will have to pay €80 or its equivalent in other currencies according to the exchange rate of the day; from 2 to 3 months, it is €120.
And finally, when you have more than 6 months, you have to pay €200.
The best thing you cánido do to avoid going into inactivity is access your account at least once a month.
With this you already make sure you have 59 continuous days to reconnect and thus not fall into this commission.
Finally, there is the maintenance commission, which is very fácil: only to the basic account, you are charged $10 per month for using the services of the platform.
Other types of accounts are NOT charged for the amount they must pay when unlocking the status of Silver, Gold, among others.
At 24Option you also have two plus charges that are not seen as commissions (and almost every broker has them), which would be: the spreads and the swap.
The first is the difference between the purchase price and the sale price of an asset, that result is measured in PIPs and represents what it costs to open a CFD trade.
For example, trade a CFD of gold, and that its sale and purchase prices are at 0.9654 and 1.0543, respectively.
This means that the difference between both amounts is 0.0889.
That is the spread.
The second is the cost to hold a position All night long.
amounts vary depending on the type of asset in CFDs you have chosen, while for commodities and indices, it is a fixed rate.
Each asset has different values of Spreads and Swap, therefore, you must be careful when investing in any of them.
With what assets perro I trade at 24Option?
In 24Option has more than 100 assets in which you perro trade, all in CFDs (contracts for difference) and Forex.
Each of them with more than 20 options and different ways to study your financial market to disminuye risk and make the best deal possible.
Here is a small list of the assets where you cánido invest on the platform:
- Forex: Currency pairs such as EUR/USD, AUD/USD, JPY/USD, GBP/USD, etcétera.
- Cryptocurrencies: Litecoin, Dashcoin, Bitcoin or Ethereumetcétera.
- Raw materials: Platinum, Gold, Silver, Oil, etcétera.
- Stocks: Amazon, Twitter, Google plus, Apple, Microsoft, Tesla, etcétera.
- Indices: S&P 500, NASDAQ 30, etcétera.
If you already have an investment strategy, the platform will filter the assets that you use the most to the “Favorites” sectionwith this you already avoid having to search for them throughout the catalog of derivatives.
whatWhat types of operations I perro perform?
There are 2 types of operations that you perro do as a trader in 24Option: Forex and contracts for difference (CFDs).
The regular thing is that the broker allows you to operate in binary options or digital, but this is a specialist in the forms of trading that I mentioned before.
For you to understand a little of what you will find in this platform, trading with CFDs is about operating with the difference that is established between the entry value and the closing value of an asset. Is a price negotiation without actually trading the asset as such.
The iniciativa is to try to predict whether the price of the derivative will move up or downand based on that, invest.
What you have to be careful with is that the more price variation the asset has, the the greater your profit or lossdepending on where you move.
Unlike binary trades, there is no exact amount of benefits that you perro earn, since everything depends on the duration of the operation that you make.
You perro also invest in cryptocurrency CFDs, with the difference that the price of these assets varies greatly fast due to its volatility.
For this reason, it is a great source of income in the short term, but at the same time it cánido genere big losses, so caution is advised.
On the other hand, Forex trading is about buying one currency while selling another, with the intention of making a profit for this act.
The investments made in these trades are leveraged, which means that you cánido use more money than you have actually deposited.
For example, you perro manage an investment of $10,000 with a real capital of $25 thanks to a leverage of 1:400.
You may see it as something super cool, but the truth is that it is a double-edged sword that you have to be careful with. although you perro profit much faster With this form of investment, you cánido also lose all your money with greater speed.
What methods to deposit and withdraw money is there in 24Option?
In 24Option There are a number of payment methods available that will help you deposit money or withdraw it without problems.
These are Visa or Mastercard credit and debit card, Astropay, Skrill, Neteller and bank transfer.
For bank transfers, in the case of deposits, you need to contact the broker to receive the correct payment information.
Most of the income they are made super fast, in less than a dayso you cánido be sure of receiving your money in the cómputo of your account in a short time.
The withdrawal of money use the same forms of payment that deposits, so there you have no lose.
Now, you have to take into account that every time you are going to use a means of payment, you must do the verification process.
If you have made withdrawal requests without having sent your documentsyou will not receive them.
Remember also, that the first time you withdraw is freefrom the second withdrawal of money, you will have to pay a commission depending on the payment method you choose.
This commission should only be paid Basic and Silver accounts. Otherwise, the withdrawal of money is completely free.
From what devices perro I trade at 24Option?
24Option It has several methods enabled so that you as a usuario, and a trader of its platform, perro operate without problems from wherever you are.
You cánido use the 24Option platform from your mobile, computer or tabletregardless of whether they are from the Android or Apple operating system.
The applications are fully optimized for the team you escoge to join.
Furthermore, the website has a version of MT4 for phoneswhere you perro view real-time quotes, open and close trades, and even view your trading history.
So now you have no excuse to invest and do en línea trading.
what24Option Is it a scam or is it safe?
24Option It is a 100% reliable platform.
I have been using this broker for more than 2 months, and at no time have I had any problem with payments or withdrawals, nor with the security of my account.
It is a broker that has CySEC regulatory licenses and other European organizations confirm it, as do thousands of traders who continually use this broker to earn money by investing en línea.
Also the way their website is designed makes it very easy to get used to and operate smoothly.
The constant request for personal documentation is also a sign of protection that not all web portals take into account.
On the other hand, something new that this broker has implemented is to protect users’ money in accounts other than those of the company.
This ensures that they won’t use your money in case the company goes through difficult economic times.
As has a low investment amount, it is habitual that it is quite striking for traders around the world.
And having various types of accounts makes it good for both expert and novice users.
I have used it myself, and I perro say that in the time I have been trading, I haven’t had any problems.
I have received my payments in the indicated times and the deposits arrive almost automatically on the platform.
Also, the improvements that you get as you switch accounts are excellent.
I no longer pay for withdrawals or maintenance, so it relieves my account cómputo a lot.
When trading, the opportunities and information provided by the platform to disminuye the risk in your operationsis enough to make a profit in a short time and thus offset those expenses.
Time and correct market analysis are what They will help you improve in this broker.
Given that your deposits and withdrawals are insured, the only thing you should worry about is knowing how to trade.
If you are just entering the investment world, I would like to tell you that 24Option has educational material such as exclusive tutorials so that you perro know everything related to this activity.
The 24Option broker is an investment platform that It stands out for its high level of security.
Also, once you improve and change the type of account, you will realize that you had to reach that level where you don’t pay maintenanceNo commission for withdrawal.
And you, have you already tried 24Option as an en línea trading broker? Leave me your comments below!
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I am passionate about Internet business and digital marketing.
I have learned a lot through practice, and I share my experiences to espectáculo that anything you want to achieve is possible.
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