In case you are a total newcomer in the binary business, your primary concern will be the security of such activities. But if you select a respective and legal broker, you will not have to doubt about that. The broker called 24option for sure stands among such legitimate brokers. Stay with us to learn more about the safety of this broker. By the way it was established in 2010 and it says something, because this broker would not be widely known if it was not entirely respective and possessed excellent reputation.
Security of the broker
The primary thing to learn about this broker is that it is CySEC monitored, which means it has the permit from EU to operate in this field within the EU-area. In order to receive this license, the broker has to correspond to numerous strict requirements, however not only that, the European Union is permanently checking these brokers, which ensures its stability and safety. Regarding the technological safety, this broker is utilizing the Secure Socket Layer security and Click SSL that ensures the highest level of safety. This technology guarantees for your personal information to be strictly protected and none but you can access it. Second aspect, which ensures security is the fact that prior to taking out the money it is necessary to authorize, which indicates that you are working with legal and respective partner. For that you will be asked to submit the copy of your identification document with a photo, a document confirming your living address, as well as the copy of your card with just last 4 numbers viewed. As you can see all the above mentioned proves, that this broker is really respective and stable.
Depositing and taking out the funds
When investing your finds with this broker, keep in mind that these funds will be withdrawn in the very same way, as they were deposited. The variety of depositing and withdrawing methods is what made this broker popular. You are free to use traditional transfers via bank, e-payments, and a large choice of card options for all most every trader. There are some sums charged for withdrawing, which vary according to concrete method, as well as in case of some operating profiles this procedure is entirely free, along with no minimal limitations for some methods. In addition it is possible to select the operating currency our of four, dollars, Euros, pounds and yens. However it is necessary to keep in mind that it will not be possible to change the operating currency once selected. During our examination we have not found any troubles with the methods applied at this broker. When we made the deposit it appeared at our account almost right away, thought it took some time for the banking transfer, same for the withdrawals, which were received by us as claimed by the broker.
Operating Platform of the broker
It is a frequent situation among dishonest brokers, when they change the functioning of the platform in order to misguide the traders, which would result in them loosing their funds. But in case of our examined broker, the most modern technologies are used and the users get the most up-to-date data. We have examined the information on prices and overall acitivity, and we can claim that it is working perfectly. This broker is offering more than 100 asset types, with many very popular among them. Thus, feel free to check them all and also you can use the assistance of the broker to calculate the exchange movements. This makes our analyzed broker really legitimate.
Client Service of the broker
We came to the conclusion that the members of support service, who we contacted, were really professional, replying to our inquiries right away and really competently. We concluded the same from the comments of other users. Also, it is possible to get a lot of useful information at the video seminars run by real experts of this broker. All in all the education programs include numerous useful information, are nicely formed and with the help of video seminars you can get some practice. Finally, be sure that whenever you need them the support team of the broker will be there to help you.
24option Review: Summary
All in all this broker is considered to be one of the leading brokers in the business ( please check these binary options brokers reviews ), which would not be possible if it would be fraud. It has been operating for 5 years already and has gone really far with forming respective support team, which has no competitors.
Also this broker is using the most up-to-date technologies in their work to ensure the most effective tools and service for their clients. So, if you still hesitate about this broker, be sure, it is a really safe and respective options broker in this business.