24option is a reputable Bitcoin and forex trader founded in 2009. You can trade Bitcoin here with up to 5:1 leverage on a market open 24 hours a day, 5 days a week. This regulated broker offers various Bitcoin CFD contracts and makes trading a pleasant and lucrative experience.
To get started with Bitcoin CFDs, you have to open an account with 24option, the minimum deposit being USD 100. After you verify and fund it, you can start trading. 24option offer the platforms Scipio and MetaTrader 4 as well as MT4 mobile apps on iOS and Android devices. The minimum lot size is 0.01, and maximum margin – 1:400. There is also a one-week demo account with virtual funds in the amount of $10,000.
24option’s platforms make it very easy to switch from CFD to binary trading, doing away with the hassle of having to open and close windows on your computer. The low micro lots give traders the opportunity to invest with lower risks. The platforms have more than 150 cryptocurrencies, commodities, stocks, indices, and currency pairs.
Withdrawal and deposit methods include credit cards, Skrill, OKPAY, wire transfer and Neteller among others. Before you can request a withdrawal, you will need to verify your account for security purposes. This is done by providing proof of ID and residence. The processing time is very impressive – sometimes it can take just one day.
24option’s bonus program has three levels: 25%, 50% and 100% bonus. It works as follows: If you have $10,000 in your account and invest 5% per trade ($500), your net profit will be comprised of 80% return x $500, which equals $400 net profit. The more you have in your account, the less you can invest in trade and obtain a higher yield. We recommend maintaining higher balances because you reduce your risk by investing less money from your account while increasing your potential returns on each trade at the same time.
Our Final Word
24option is one of the Bitcoin brokers with the best reputation. It is regulated by the IFSC and CySEC, meets the highest safety standards in the industry and boasts a dedicated support team available 24/7. Special tests performed by experts have shown this broker’s quotes to be 99% accurate. Given all these considerations, it is no wonder 24option is so well-established in the cryptocurrency trade industry.