Is the 240ption broker safe and legit?

As a binary options broker, 24Option is regulated by the security and exchanges commission in Cyprus.

One of its advantages is that you get financial news every day and access to educational videos.

They also provide a pip value calculator.

On the downside, this broker doesn't have regulatory approval from as many commissions as its competitors.

Yes, 24Option is legit. According to statistics, they are the 2nd largest binary options broker in the world. They are regulated by several authorities including the Financial Conduct Authority in the UK, The Cyprus Security and Exchange Commission(CSEC), Financial Market Authority and others. Other benefits of using 24Option include daily financial news, educational videos, pip value calculator etc.

Yes, 24Option is a safe trading platform.

The website is a reliable broker that offers stock trading signals.

You can trust 24Option because it is regulated in a long list of jurisdictions, making it a legit outlet for day traders.

However, there are plenty of reviews out there questioning if it is a scam website. So, as usual, practice caution and be conservative in your deposits.

24Option is operated by Cyprus based firm, Rodeler Limited. They have been in the business for 14 years, starting back in 2008. 24Option is also under the regulation of the Cyprus Securities and Exchange Commission, so it is a regulated platform. It is known as one of the biggest binary options brokers in the world. Hence, the 240 option is a trustable and legit platform.

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