In the European Economy Area, binary and digital options are only offered and advertised to professional traders. If you are not a professional trader, you can not trade binary and digital options.

Is 24Option Scam? Broker review

24option scamOn the web, you can find a lot about 24option. It is no surprise, because according to the statistics, 24option is the 2nd largest binary options broker in the world (Banc de Binary is 1st) However in this review, we will show you all information combined, making a big list of reasons why 24option is a scam or not.

24option is a binary options broker established in 2010 with headquarters in Limassol, Cyprus. Some may think this is s red flag, but, in fact, that is completely normal for binary options brokers. Most of them have their headquarters in Cyprus, because of regulatory purposes.

Unortunately, 24Option has closed their binary options trading platform. From now on, you can only trade CFD and Forex at their website.

24option basic info

  • Official Website: www.24option.com
  • Headquarters: Limassol, Cyprus
  • Trading Platform: Tech Financials
  • 2nd largest binary options broker

Why is 24option scam?

24option verified broker

I’ve read many complaints against 24option, saying that they scam people, they never let you withdraw your earned money, or even they lie about giving you free money and such. Those are all invalid reasons. Read on to see what I mean.

People complain, that they were offered free money (24option bonus) but then when it came down to paying customers out, there were problems. Yes – this situation can occur. But only if a customer has accepted a bonus AND has not completed all procedures needed for the bonus to be withdrawn. In order to withdraw money including the bonus offered by 24options, a customer is required to:

  • Upload necessary documents to prove the customer is, in fact, the person they claim to be
  • Complete wagering requirements (40x the value of the bonus)

If any of the above is not met, the withdrawal of the bonus funds is not possible. If you have this kind of problems, please, contact the customer support.

Another reason why clients might complain and dislike 24option is: losing their money. Trading binary options simply involves risk. Everyone should know that. It is an investment, with which your money is at risk if you do not invest (make trades) wisely. If you do not know what you are doing, please, learn something about binary options first and try trading on a demo account. You can do that either with 24option, but also with our demo account: x Binary Options Demo.

24Option regulations

24Option is not a scam. They are regulated by important regulatory authorities of the world including the FCA in the United Kingdom, CySEC, Financial Market Authority and more. The complete list of regulators, that have approved trading with 24options can be found below – all of these official authorities have said “24Option is NOT a scam,” and gave them regulations

24option regulations

A list of regulations found at www.24option.com

Their platform (Tech Financials)

Tech Financials is a platform programmed by a third-party company that creates binary options trading platforms not only for Banc de Binary but also for other brokers. 24Option is, however, one of the few brokers that use this platform. This means that trading program, where traders make all the trades is not programmed by the broker itself, but by a different company. In the company’s intents is to make the platform as good as possible, in order to sell it to their clients (24option). If it was any sketchy, they would not buy it.

24option platform

24option’s platform had to be reviewed by all regulatory authorities.

24Option

  • Mobile Platform
  • EU CySEC Regulated binary options broker
  • Articles and financial news
  • Large selection of languages
  • Good and well-known reputation
  • Good variety in types of trading and assets Decent pay outs
100% profit spread options
Open Account!

It is very simple, fast and easy to start trading with this broker, even though their platform might seem a bit confusing for new traders. The first thing you need to do in order to trade with 24option is to create an account. You can register now by clicking the button below. After the registration process is complete, the deposit can be made by a credit card, wire transfer, skrill or other payment methods.

  • Registration takes: 3 minutes
  • 24 Option scam status: Verified and trusted broker
  • Minimum deposit: $ 250 / 250 € / 250 £
  • Minimum trade amount: $ 24 / 24 € / 24 £
  • 2nd largest broker in the binary options world

Have you been scammed by any broker? MyChargeBack might be able to help you! Fill the form below.

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More information about 24option

Is 24Option Scam? Broker review
3.8 (76%) 5 vote[s]

Author

Step

More about the author: Step

I've wanted to build a business of some kind and earn money since I was in middle school. I wasn't very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

189 Responses to “Is 24Option Scam? Broker review”

  1. The worst trading plataform, don’t trust them, they will rip you off.
    The worst trading plataform, they just rip me off 300 dollars from my account with the explanation was that the account was inactive for 1 month scammers, they don’t ever let you know that there is a fee for this and before they made close all my operations, because they had to makes changes to the plataform, without any notice. Im going to redraw my money now from this scammers.

  2. Everywhere page I open that has to do with binaryoption or forex investments all have great customer reviews but when I tried investing with binaryoption, from plus option, to binomo to IQoption, I lost a lot. I still have someone helping me with my trades but I keep losing and now they want me to invest more money. I need to speak with people who have invested and had similar situations. Please reach out to me on my username

    1. Hello, thank you for sharing your story. Trading is really complexive and long term activity. It took some time to find the right strategy, broker and the power to influence own psychology. Be patient. We wish you good luck.

  3. 24 option is a scam organised by Israelis, do NOT trade and watch out. you will find more infos on YouTube. Good luck to all of you

  4. HI, so Option 24 is a scam. i invested money about 3 weeks ago, now they say i must pay 10% of the total profit made. they say because the american government and the IRS tax officials have found that a lot of money is made the thought binary trading. am i scammed or what??? when i asked why they did not tell me prior they are not giving clear answers. is there a way of getting back the funds i invested??

    1. We are on the same boat. $100 =$1000, did I get No. Now they want withdrawal fees unexplained. That is 24option.

        1. Got approached by Annika Luan, I haven’t invested anything, am so doubtful more especially being approached on social media . And they say they are using 24 option investment

  5. hello sirs,,do you know Tatiana Konoplina > She said she is an account manager in 24option.please help me,,Ihave jnot invested yet but receiving calls from her and emails too.

    1. The job of the account manager is to help you make your first deposit , if you don’t your account is not completed , they don’t call you to start trading or to take your money. Because when you deposit you get assigned to the Senior Account Manager who will be basically your mentor and tell you everything about trading. After that if you don’t want to trade or you don’t like it , you just withdraw your money and close your account , no questions asked and no fees! I know many people that work there.

  6. HI I’m new to trading, my question is how is it possible to trade with minimum $200 investment under your own account? Normal broker would put you in a pool of shares under their account and managed by them, you have the option to join or not. When you trade using 24option is it your own share as in buying actual lot, or just your small portion under their share?

    1. Dear Mozzax11, with 24Option and any other CFD brokers, it’s only a CFD. You don’t buy the stocks directly through them. However as you can read in the comment section below, it is not recommended to use 24Option!

      1. Mr j.pro i had a friend of mine who meet a woman in facebook in the name of EDNA PEARL he says that within 48hrs we could have our gain profit. My friend immidiately finance because he trust EDNA. After 3 days jhon have his profit , but when he tried to withraw ,the company ask him 770 USD for withdrawal charges. Yes he paid it. But until now he had not withdrawn any money. Very negative. Help him . Im planning to invest or trade. But i have doubt now. Pls help us

        1. Dear Michael, as we tell others – never trust anyone who says they will trade on your behalf. Always manage your own money. I am sad to say it, but I think you got scammed by this EDNA. Do not pay her any more money, she will never send you money back, be carefoul.

  7. I believe everyone and anyone could be victims of online fraudsters,
    I lost a whooping $40,000 a month ago to a certain trading company,
    I couldn’t get a withdrawal and they kept asking me to invest, i was luckily referred to a recovery company by a friend,
    they helped me get my money back from those thieves,
    i’m willing to share my experience with anyone out here who also needs help recovering funds from trading companies,
    feel free to contact me on Gavinscotti50 at gmail dot com

      1. Hello, we are really sad to hear that you have a problem withdrawing your money from the 24option broker’s platform. Does the situation changed, or it’s still at the same point?

    1. Dear Sir

      I am from South Africa and have been scammed by Amahle Jason a beautiful lady I met on Facebook I deposited R3000 being promised to make R20000 after 7 days when it’s time to withdraw being asked to pay tax fee which is R5000 but this time God intervened I refused and also a lady calls herself Bonolo they are all beautiful scams please people these people fake to live luxury they are scams never ever trust them and 24 option is their Company I pray to God of Major one to PUNISH THEM now in Jeus name .

      1. Hello, thank you so much, Sisa for sharing your story. This story and many others like this should be a deterrent example for all investors. You should always be aware of people and never trust anybody on the internet. We wish you good luck in your next trading experience.

    2. hello
      there are many more abaut 10
      for example, Carter fs
      I win up to 10,000
      I want to bring the money back to my account
      then they will send you an invoice for costs don t be stupid they will never send any to you money
      then i wanted widhtraval 500
      well they don’t even respond
      Cheaters, use different addresses
      and places in the main office are located in usa

    3. good day Gavin

      please assist in retrieving back my money as they keep saying i need to invest money . am suppose to withdraw money and just paid in the withdrawal fee that was 3500$ in the Luno account ..

    4. Hi Gavin I need your help mate just been scammed by 24 options though I never had any intention of trading as I know nothing about the scheme industry
      Regards
      Mark

    1. Hello, thank you for sharing your story. It’s really weird that the broker scammed you for that huge sum of money, maybe you just weren’t ready for trading. The trading generally is not that simple how you can read everywhere. It needs patience, skill, hard work and learning a lot…

      You should really be prepared before you start trading next time! Wish you good luck.

  8. I dont trust anyone from Facebook. The only people you can trust to set up your account are Senior Traders, I have been earning reasonable profits weekly. Those fuvking scammers don’t have Trading License. Please if anyone contacts you for trading. They must have a trading license. Beware!!! 24option is enriching lives but you also have to be watchful.

    1. Hi. Ibregister at 24option but didn’t start trading as they said a senior manager will phone me but im still waiting

      1. Hello, we are not trading with 24Option so we don’t know how it works here, but if you want to start trading you don’t need to wait for anyone. You just need to deposit, that’s it. But instead of 24Option I would recommend you IQ Option broker, which is regulated and offers FX options.

  9. I invested $200 in 24options but the account manager said that the bitcoin is drop and the broker cant accept the fund. He said I need to add $100 to be accepted. Is it legit?

  10. Trading Expertoption is really a high level. The profit is stable, and even with the withdrawal of problems there has never been a single time in 9 months, so I am completely satisfied with such results

  11. Quite good trading ExpertOption, as for me. At least in terms of work, he really pleased me, and with the conclusion so far no problems.

  12. I’m new in forex trading so I was looking for a suitable broker to start with. I hadn’t signed up 24options neither had i gone through their website but the next day i started getting calls from one of their guys insisting that I had opened an account and he could help me make so money. He was pretty convincing So just to be sure I went to their website and funny enough I had no account there and this guy was now telling me to go ahead and open. I got so skeptical about this whole so I just blocked him.

    1. Hello, I had a couple of the same experience. It’s very annoying if you register the account and then you receive 10 calls a month to deposit, deposit… The regulated brokers, for example like IQ Option, don’t do that, they can’t so you will not receive any calls from them.

      If you want to start trading forex try mentioned IQ Option, 24option is not that good. If you need help with something else, let us know 😉 Have a nice day.

  13. is it true that I have to pay before I withdraw from account?
    is 24option a scam is there a manager by the name of Jacoline?

    1. Hello, we stopped working with 24option a long time ago so we don’t know if you need to pay to withdraw your money. I guess that there is a fee for wire transfer. And no – I don’t know this manager.

      Let us know if you need more help.

  14. Hello,

    24option.com is not a reliable broker. It has been 2 weeks since I requested withdrawing all my funds, and still no clear explanation nor date when I will get the money, also I got an email claiming that they will store my data, despite data protection policy and I clearly asked for all data erasure. GUYS DO NOT TRUST THIS COMPANY, DO NOT GET INVOLVED, I believe they do money laundering and you will see the broker is Not on your side, actually, proper liar lying all the time, also the problems will start when you will ask for money withdrawing. You won’t earn anything in 24option.com.

  15. Hi sir ,i want to confirm with u ,when i register the 24 option account and i received a call from uk london city and he is a account manager name is mr armel is it true??

    1. Hello Max, I don’t know we are not anymore supporting information about 24option broker because we don’t recommend it for trading. So I really don’t know what’s the name of person who is calling you.

      If you have any other questions I’m here to help you.

    2. Armel. That name rings a bell, he just called me today insisting I should deposit. He’s calling from London but claims he is in the headquarters in Cyprus, at the same time I’m hearing cardy B’s song in his background. Those fucking scu**.

  16. Hi, i was doing my trading account with someone from instgram, he never gave me my password, and sent me updates all the time until it came to me withdrawing he said it was done and processed but my bank doesnt work with the company, is asking me to pay $400 more for bitcoin so i can get it directly from bitcoin with out loses, i have already invested alot, is there a way to know or see how i could get my money wired to me? Is it true ya’ll dont work with well fargo? I need help please i really just lost all my money!

    1. Hi Yuridia, I am afraid you became a victim of an internet scammer. Sorry to say that. We always warn people, do not trust any “instagram guru” or “facebook guru” who says they can make you money. It’s 99% a scam!

      1. Yes, 24 option are scamming MT4 users. By not offering accurate bid and ask lines it produces inaccurate chart information. When using algorithmic trading the indicator information pulled is from historical chart data which is inaccurate because the charts are built off of the shown or provided bid line.

        If you don’t believe me create your own script and pull the OHLC data and compare it to their web platform information. It does not match. And if you use candlestick formations, guess where it is pulled from, yes, the bogus charts that are generated from the false bid lines. Since the spreads are floating and do so with both the bid and ask lines, the store chart information within MT4 is inaccurate and will lead to false positives to your indicators.

        1. Hello, thank you so much for this amazing info. We really appreciate this kind of info.

          It seems like that 24option is not fair… I’m not trading with them, but traders that are should be careful.

          Thank you!

  17. Dear Step,

    I have opened an account on 24 Option.

    Someone called Belin** is always calling me to deposit USD 250 so that I can start trading. But the company is based in Cyprus but she is using a UK number. Do you think this is a scam? If not can I send the said money with my visa card? I have a fear that if I use my visa numbers, they will retreave more than the agread amount if it is not the all amount in my bank account.

    Please I need your advise.

    Thank you.

    1. Hello, it’s very common that after a registration the people from a call center, call people to deposit, but I don’t know if exactly this person is from 24option company.

      But if you deposit via their platform, everything should be good and secured. But they don’t offer binary options trading anymore, just for info.

      If you want to know more, let us know. Have a nice day.

  18. Yes, I opened a Account with Ben Lu****, I got screenshots everyday and when it’s time to withdraw my funds they keep asking for additional fees, please avoid this company they are real scammers. I have contact the US Attorney General Office to investigate them as well.

    1. Hello, we are really sorry about your experience with this broker. Anyway – Thank you for sharing your story with other people there.

      Next time be more careful.

      1. I also got a guy on facebook, he claimed to be working with 24Option, he promised to make me money from an initial investment of R4000, he promises R67 000 in 7 days. My worry is when l requested the company account number, he sent me the details linked to Luno (bitcoin exchanger), so the cash l deposit will not go to FNB but straight to “their” personal account at Luno; lm sceptical.

        1. I don’t know what to tell you. I don’t understand how you can send money to someone who you doesn’t know. In your case you should pray yourself to get your money back, I guess. You will see.

  19. The people working at 24options are the biggest scams in binary options. I have learned the hard way and lost all my savings. The best option is to learn and educate yourself.

    1. Hello, thank you for sharing your story. We told it many many times to many many people that you should always be aware of the broker in which are you planning to invest. What exactly happen yo you? They denied your withdraw?

      Next time be more aware. Have a nice day.

  20. Just got a call from lady call Sofia she said she work for 24 option company..minimum invest $100 for south African people is this real or just scam

    1. Hello, thank you for the info, we didn’t know that. I can’t tell you right now if it’s real or no, because we don’t cooperate with this broker anymore and we don’t have any updates about their trading conditions. The last I remember is that they had minimum deposit 250 USD. I really don’t know you should google it.

      If you need any help, let me know, I’m here to help you, Michael.

  21. I have lost hope in ever believing that binary options do exist in real because I tried with binary uno and got messed up then I tried with iq option and it was the same when I started requesting for withdrawal. they are all frauds.

    1. Hello, thank you for sharing your story. So you weren’t able to withdraw your money from IQOPtion broker? I’m trading with this broker a couple years and I never heard a single story like this. Give us more info so we can maybe help you, thank you.

  22. Hi there are we allowed to mention names here
    I did invest a small amount of $60 AUD in 24 Option Binary Trading and now I hear it is too little to claim back and it is too little to trade with

    1. Hello, we stopped working with 24option a long time ago, so we don’t know what’s the minimum trade amount. In the past, it was 250 USD, so maybe it’s still the same.

  23. I was contacted by a guy named Bernard Fox through Facebook (which I now see I shouldn’t have done). He claimed he could turn my $300 deposit into $2500 a week and I could withdraw every 7 days through 24option. I deposited the $300 and each day he sent me screenshots of the account showing it increasing in value. I haven’t been given any account details and have no control over the account. On the 7th day when I was expecting to withdrawal he told me I needed to upgrade the account by paying $4000 to get my withdrawal. I worked it out with him that I would pay $1000 and he would pay the other $3000. It took me awhile actually go through with it as I felt this was a scam and didn’t want to send any money but he kept on me about it. I finally did it and he had me setup a bitcoin wallet to send the money to. There is $65,000 in my account. Now he is saying I have to pay a 5% tax to the FMRRC (Financial Market Relations Regulation Center) to get my withdrawal. I’ve told him numerous times this is a scam and I’m not sending any money. He keeps telling me it’s not a scam and I told him to prove it by paying the tax and send me the money and I would pay him back but he won’t do it. He now says my money is with the FMRRC and he is to get me the phone contact so I can talk to them about it. This doesn’t make any sense to me as I still feel it is a scam so I will not be sending any money but I would either like to get my withdrawal without paying a tax ahead of time or get the $1300 I have invested back. Thoughts?

    1. Hello,

      as we mention there many times – you should never trust everybody who says “I’m from 24option” or anybody who contact you on facebook.

      Do I understand right that you sent him money and he was trading on his own account? Or you created your own account and you gave him login information? And later he changed it.

      I really don’t understand your situation at all.

      Can you please explain it more? Thank you.

  24. Hi, So I just opened an account and then I received a call from someone who said he worked there. He also send me an email using the 24option domain. I submitted all documents but one of them is always rejected. And then the guy who called me did not reply to my emails anymore. Did I get scammed or not?

    1. Hello, thank you for your question. I think that you didn’t get scammed, you just sent wrong documents I guess. I don’t think that the broker 24option is that kind of broker that will scam you, but you never know. Let us know if you still have the problem or any other and we will help you.

      Thank you and have a nice day Joan.

      1. I trade on 24 earn option.com first time when trade closed I get a profit I. My account. When I go to withdraw they ask me to go to verification process. They demanded for 700 USD as fees for verification.
        Is it possible?
        Please guide me

  25. Hi. Is paying for IRS part of the process in trading with 24Option? I joined recently and my account manager…a lady called Bertram I found on facebook is telling me to send 1500…for her to pay IRS and also her commission so that I can withdraw 10kusd. I invested 250usd.

    1. Hello, that’s really weird. We are not anymore supporting broker 24option so I don’t know about their “practices” but you should be aware of sending money to someone for the indicator. I guess it’s some scam, but I’m not sure.

  26. hi sir 

    I have  a problem  I register  under  a company  and  no I want  withdraw and  the asking  me to pay 10% before  I can withdrawal and  and  said  I have  to sent  the money  cash  so that the pay  refunds tax to IRS and  I have  about  $10600 in my account  I asked  why can the not  make  automatically when am doing  my transfer  the said  no it can  go 

     please  sir I wish  to know  if it is not scam  ?? the company  name  is greenerforex.com

  27. When I got scammed by my binary option broker last year, I was suicidal after several failed attempts of call back. Till I was referred to mychargeback get my money back, they was able to recover a total of 120k I lost last year to Glenridge capital, they are the best and I advise there contact if your in need of a full recovery.

  28. Does someone by the name of Jake Gelnik work for 24 options?? He called me last week to set up a Skype call but I haven’t heard from him. Has anyone else received these calls?

    I feel like this is a ll a scam.

    1. Nissen, it is better to get in touch with the customer service of the company to check if this person really works for them and go through the legal documents that are available in the website.

  29. I recently found a suggested post on Facebook an ad for trading with 24option and that she was the best and could make you thousands each week. So I messaged her. She sent me pictures of her ID, her credentials, screenshots of her work and convinced me to invest. I ended up buying $500 usd worth of bitcoin and she set up an account for me and sends me updates of he account each day. But yesterday she told me that I had to pay her the tax so she could pay the IRS before I can withdraw the money. Does this sound legit to you?

      1. Hi i wanted to ask if the is someone by the name Mike Josh who works for 24option as a manager.And also want to understand about account being verified.like how do i verify thee account,should i deposit money for it to be verified?

  30. Don’t trade with 24 options, while the time you want draw out the money they have thousand oe reason to blocking you.

  31. I met a lady on Instagram who does binary trading and she offered to assist. I sent her $250 and she opened an account in my name and started trading for me. I received daily updates on my account. In withdrawal days I received an email saying that my trade was paused because I made way more money than I invested and that I would need to pay $900 to upgrade my account in order to activate my trade and that I could withdraw my money 24 hours after trade. Something doesn’t feel right is this possibly a scam?

    1. Probably it is a scam my friend they have done that to me too they keep on asking for company private policy fees in order for you to get your account activated and receive your profits don’t trust them until they show you proof that their company is regulated.

  32. Henry A crawford, opened me an account $250.00, requested the tax money $350.00, which i paid, agreed to release the funds on my account when the comission was paid. I sent $350.00 he then refused to answer my calls and blocked me!

    scammed $900.00

    1. Dear Lindsey: as we have mentioned many, many times – never trust anyone on the phone, who pretends to be working for a certain company. Those are scammers and should be avoided. 🙁 So sorry to hear.

  33. Someone by the name Eric Wales on Facebook said her will crate a blockchain account for me then I will make deposit of 50$ and earn 34$ everyday for 14day is this real and he said it mining with http://www.24option.com is this true please

  34. I have an account manager who says I have to pay a 10% irs charge. I’m in Australia and understand this to be taxes?? Would this be correct?
    I have paid extra to clear the irs charge on my first withdrawal, but still waiting on funds.
    She sends me screenshots, but I don’t have any login details myself. Is this normal?

  35. I just met this guy on Facebook and trading for me. In withdrawal days he message me ,that i need to pay withdrawal tax fof $600 coz Im not from United States So that i get myfunds as soon as i pay up the fee. Is this right that i have to pay the said amount before withdrawal ? Thanks

    1. No! Sheygurl, I suppose it’s a scam and I am 99% sure. Never trust anyone on facebook who randomly approaches you and wants to “help you”

  36. Option24 it is a FRAUD. I registered in this website with all the information and documentation that I have to add. I contribute with 250€ to operate and when I traid to operate I had a tecnical problem and I could not operate. I talked with them a lot of times, trying differents ways, differents devices, differents browsers with no success. I asked them to repay my 250€ and they just repayd me 200€ because they have a clause that you have to pay 50€ if you do not operate. I demanded it a lot of times and this is the only reason that they say to me. Unbelievable. I DO NOT RECOMMEND YOU OPERATE WITH OPTION24.COM

  37. This is not directly connected with 24option but it is needed to be said. If someone like Annika Nilson offers you some sort of free strategy for binary option – don’t believe her. It is a very well organized scheme. How it is done?
    She’ll open email, Perfect Money and 24option accounts on your name for trading. You’ll have no control over this as according to her you can’t trade. She’ll show you results and you’ll think this is working. But when comes time to withdrawal you won’t get a single dollar. She’ll get all money on her Perfect Money account and soon on her bank account and you are totally helpless. Just don’t do it.

  38. anyone who know Mr Alexis Alan Alberto account manager of Iq option tell me about him pls I meet him on Facebook he said he can help me.

  39. Hy I deposited 500 USD and some guy was trading for me. Its 14 days now he said I can withdraw my money..before that he said I’m must send tax fee withdrawal fee and sending fee because the trading was not done in south Africa.. Is its true that I have to pay this amount before withdrawal?

    1. Dear Calvin. I am pretty surprised that he has made you a profit! Most of the time people who call you to tell you they will trade for you just blow the account. My advice is: change your password, withdraw your money immediately and don’t let him trade again.

    2. I also got a call from 24option this morning an agent by name krishi said he is my account manager………..but recently am using IQ option……i need and assistance which broker is the best….. In terms of withdrawing profit

      1. Hello,

        If you want to trade with high trusted broker and reliable then we recommend you to trade with the iqoption. I also trade with this broker and never had any problem. I made a several withdrawals from IQ Option and everything was always ok.

  40. hi step
    i joined 24 option but am debating on sending any money – have been constantly asked to activate account via email and phone calls, had an account manage call me regarding trading account . but i can see where this will go.upgdae account – put more money in- make some and then lose all. wow

  41. Do not start here! Especially not as an inexperienced trader.
    The enormous leverage with which you can trade is very tempting, but deadly for your account. This is financial suicide.
    The spreads are also much too high. For example, the spread at the price of Apple of 0.70 ct. is pure theft, the normal spread at Apple is max. 2 ct.
    If you do not trade for a while, money is automatically debited from your account under the guise of ‘maintenance costs’. I have experience with various bona fide brokers and there is no one who charges maintenance costs.
    Watch out!

  42. Hi am stanley from Wisconsin I started trading with 24 option I invested $250 and I made 2500 and I try to cash out the money they said payment was successful but I can’t receive my funds in my account yet today is monday 29 january 2018 that i try to make payment to my bank account and I received a confirmation email saying payment successful but there is no funds in my account. So want to know when I will receive the fund in my account

  43. Hi,i was recently recruited to open a live forex account by a certain lady in Canada. I invested $250 of which I was promised to make $2500-$3000/week. After a few days I was told to deposit another $270 to upgrade the system which I did. Now I have been required to pay $215 as a transfer charge.All this funds are transfered to Lagos,NIGERIA.Help is this a scam?

  44. I sent a message on friday trying to figure out something and it seemed my question was deleted.

    I was contacted recently about investing 250 and receiving 3,000 how real is this

  45. The thing is I’m not a rich person. I work so hard to earn a little bit of money and so hard to save a little bit. If I have been scammed, god will punish them. I’ll not go up until I get my money back too

  46. I invasted £1000 with 24option.com few seeks ago. But. I needed to withdraw some of it for an emergency. I went to withdraw section. Filled all my bank details. Sent the request. It’s been 10 days now. I have not seen any money been send to me. Not I am having doubts about this company.. I’ll wait until next Monday before going any further

  47. Hello,
    I invest 11500usd and I am not able to sell my crypto currency
    Any one has experience how can I get my money
    I invest in ETH and XPR . I made profit but profit show by minus

      1. Hi…I’m Nick and I have the similar problem with the account manager by the name of Kurt Alfred from California we met through Instagram and he claims to be working for 24greatfx binary option, I did my first investment of $200 and secondly he requested $350 but I was able to pay $200 since I started having doubts with him he assured me that I will be getting returns soon and he provided me with details to be able to login into my account and my balance was $8660 but when time comes to make a withdrawal he tells me I need to pay $800 before…but I said to him he needs to deduct it from my account of we can come up with a solution to pay $800 from my profit…he said its impossible, I think we need to do something about this learn to trade by ourselves or something but NOT TO DEPEND ON OTHER PEOPLE

        1. Hello, this is not a 24great broker, this is the 24option broker so I guess that you are talking about the different company. But if there is any possibility we can help you, let us know.

  48. I deposited $250 into my 24option account, i decided to withrew it because I heard that 24option i scam, they don’t want to process my withdrawal claiming document is missing but my account is verified, its been more than 9 days and all they say is my withdrawal is cancelled

  49. WOW. this company does not sound professional at all. There are a number of companies operating out fo Cyprus that cannot be trusted from what I have read.

    Thanks for the feedback everyone this really opens my eyes on how bad some companies are.

  50. Hi there,
    I have opened an account with 24options to buy cryptocurrency but after reading the reviews i m very scared and i have got £2k with them…..what am i suppose to do….pls kindly advice me. Thanks

    1. Hi Khan – if you are afraid, there is no better option than withdraw your money and use it with a different broker that you trust. I would personally go for IQ Option

  51. Hihi everyone I get a email. Yesterday from 24option ask me to invest to deposit$250 and make money fast i want to invest but hear of you guys say many things going to make me nervous and afraid of scam if I will to invest and make a deposit what the first thing I am going to do please make some suggestions tell me the right way please

    1. Dear Kok. My advice to you is: If you feel like you don’t want to invest, then do not do it. But if you want to try, and want to see whether you can make some money, go ahead. But never let anyone influence you. Good luck

  52. I am looking for the best Bricker right now to invest with I am considering 24.option but quite nervous if the account managers will help me really maximise my profits, or they will be freezing my acc forcing me to upgrade I’m extremely nervous of such a bad experience especially with a very reputable organization. I’m really looking forward to have an awesome manager and really friendly withdrawal conditions but the big question is will I find all these in 24.option??…..sigh*

  53. I take my experience: you start with $250 and then everything goes well. Then they ask you to upgrade with another x amount and then and then your account increases. At this stage my account stands at $15000. They then said now I will make money and after next hour of so – everything lost. They then say sorry, but deposit another x amount and we will make your money back again. You know what I told them to go and F them selves.

    1. Thank you for your experience. However, the question is, did you lose the money yourself, or did you trust somebody over the phone with your 15k?

  54. Hello family,

    I”ve been contacting by a woman who’s name’s Diana,the sale manager of 24ofrom Bulgaria..She showed me off how to make money online in using 24options with binary trading….She obliged me to deposit the amount of $100 in my credit card and transfer it in order to activate my account and move forward with business….Am afraid to be casting in this deal because I don’t have any confidence of anyone in money stuff

    1. Hi Danny, I recomend you not to trust anyone with your money – only yourself. If you know what binary options are and if you want to start, 24Option is a good broker. But if you dont, just dont invest.

      1. Hi there, if you say 24option is a scam because brokers shouldn’t call people like this, then can you provide a good company, binery other than 24option? People are searching for the needle in the haystack. Everybody’s talking about scammers but no good place are mentioned.

        1. Hi, I have to recommend IQ Option and High-Low. Neither of them calls people unless traders ask for it. And if anybody approaches you on FB saying he will help you – it’s a scammer who doesn’t have anything in commom with the company itself.

  55. Hello I was contacted by a lady who said I could invest 300 and make 4000. After I make 4000 I give her 20 percent of the earnings. She is willing to advise me on how but I have to give her my log in info so she can manage my account? Is this a scam? How do I know if she is trying to scam me or is legit. She offered to use 24option or dailytradeoption.com?

    1. Caitlin, do do not trust such people. As we have said many times – brokers never call people like this. What you are talking about is a scammy scheme!

  56. One of them by name on his instagram profile, ANTHONIO claimed to be working in 24options contacted me and said the minimum investment was $300 but I told him what I can afford is a $100 which he took time to oblige, but I’m still confused because while we were chatting on whatsapp I asked him his real name but he gave me another name which is Scott Harrison and I asked him while answering two different names but he said the name was given to him by his mother and I’m confused. On another occasion to clear my doubt, I asked him to send me a live video of himself but he never did and it prompted my suspicion that it could be scam. He has been on my neck asking me when am I going to send the money to him so that he can create an account for me but I have not concluded yet if I should venture into it. I even went as far sending him my personal details which include my ID card, name, date of birth, phone number, and my email. Please do you guys think it’s a scam or not? I need answers thank u

    1. Pascal, I am sorry for that – that sounds like a big scam. Nobody ever should contact you. I think this is not 24options employee, but somebody who wanted to scam you.

      1. I also scammed from facebook she ask to pay first 100$ after that she said u r account need adjustment fee more 200$ and we release u r money which u have geted one week 950$ after adjustment u can withdraw u r money but i not paid because i understand it scam was going so i ask i want my 100$ back she said srry we can not because u want to pay first 200$ after that u will withdraw the money and i ask which application u r using she say 24option and she send me screenshot of me account while doing edit my name and money and it send me and i ask give my username and password again she said pay frist

        1. Hello, I really don’t understand how you can trust someone from Facebook and send them money, that doesn’t make any sense. I guess that person doesn’t have any relations with 24options, it was just a scammer who told you “I’m from 24Option” am I right? Or, how it was?

          Give us more info – you can help other people! Thank you.

  57. Hi I have been trading with 24option and the account manager is telling me my acc needs an upgrade nd I must deposit further amount of $600 wer by we all split it into two which is R300 because my acc is temporarily on hold for trading activities untill I make further upgrade payments to my acc frm a standard acc to a premium acc so a dnt understand y a can’t make a withdrawal from my acc?

    1. Hi Sam. Did she tell you any reason for this? I dont think she can force you into further deposits. Can you also tell me where you are from? I will try to help you.Thanks!

      1. Step

        I have the very same problem the account manager wants me to deposit more money for me to withdraw my money. I have invested R5000.00 at 24Options. I can give you all the prove and the long number with alphabets and numeric where he said I should send the money.

        I have all his emails and screenshots. He said I should open a luno account then he will send me that long number but I still have it.

        He is using the whatsapp number: 0794917030
        Your assistance will be highly appreciated.

  58. Hi does 24 option use etrade, where the robot can do trades for me with a single click and watch things happening? Cos to be honest to trust some1 with ur money is risky

  59. Morning, I’ve been trading under someone managing my account since February 2017. now that i want to cash up my money this account manager has withdrawn the money on my behalf and used it for her personal reasons. how do i go about laying charges against her?

      1. i was told the only thing i need to do was to deposit money addressed to the receiver and then an account will be created for me of which i did. i will often call to esquire about the progress of my account which i didn’t have access to. last week i have decided to cash my trade and i was told by this account manager( who was trading on my behalf) that it will take two to three weeks. i therefor inquire again in three weeks and she told me my money was cashed but she has borrowed her self some of it as she has personal crises. my question was how did she get the money to be released to her name whiles i’m the account holder. please advise of how i can retrieve my money from 24 option

  60. I am considering trading binary options with 24option through a managed account. The people I have contacted I met through Facebook and they claimed to be the Account Managers with 24option. Kindly, advise on how can I verify this before I deposit my initial investment. Does 24option have or offer this kind of service at all? Or are these guys independent?

    1. Hi Zethembe, first of all, 24option have disabled their binary options trading platform. Secondly, they do not offer such service. So do NOT trust those scammers that have contacted you.

    2. It it real for opt24 to change an amount from $250 to $100. To start trading.they say its for tue the South africans

  61. 24Option offers different types of account, Basic, Silver, Gold, and Platinum. When I opened my account, my account manager talked me into upgrading to Silver with min. deposit of USD5000. With this account, I would be able to trade together with him (a pro). On the first day of trading, we made a profit of USD1000 because he was careful and didn’t make me trade with very high amount. On the second day, he was completely the opposite and traded with high amounts resulting in complete loss. Within a time frame of 15 minutes, I lost more than USD6,170. He hanged up on my before the last trade expired and didn’t get to hear from him again. I have been trying to get in contact with him through the Live Chat of 24Option but to NO avail. Im not sure what to think of 24Option but definitely nothing positive.

    1. Sorry to hear that friend. … try IQoption instead they’re the #1 binary trading company in the world but again ….chose your broker wisely don’t invest more than what you can’t afford to lose 🙂

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