While this should be common sense, there are still traders who do not understand the value of a licensed broker when reading various broker reviews.
Rodeler is a CySEC licensed investment firm since , see here. Their main office is located at: They are registered with many government financial regulators across Europe.
Originally 24 Options opened as a binary options broker. They quickly grew into one of the largest and most popular binary option brokers in the world, and especially in the United Kingdom and Germany. Starting in they expanded and opened up CFD trading along with Forex trading. The binary options are trades on a platform called Scipio. They offer almost all currency pairs as underlying assets to trade, along with market indexes, and commodities. Many new traders at the broker 24 Option want to test out their new Scipio trading platform.
The problem is that you cannot get a demo account unless you speak with you account manager first. The account manager needs to manually create a demo trading account for you. If you want to practice trading binary options with a good binary options broker, you should go visit HighLow. The biggest problem traders encounter with binary option brokers is withdrawal of their funds. When dealing with a licensed and regulated broker like 24option with a stellar reputation, you should not have any problems.
Withdrawal of funds are processed by going back to where you deposited your money from. Since they now require you to verify your account before you start trading, this has made withdrawal issues almost non existent.
When traders read various reviews of 24Option they may stumble across a few complaints. This way, your complaint goes directly to their compliance officer to investigate. If for some reason the complaint is not resolved, then the client can go directly to CySEC.More...