On this page, you will find the guide to using 24option (click here to sign up for free) and learn how to use this great trading platform that is regulated, secure and legal.
We have used it on our website for many practical trading examples. You will also appreciate it in our 24option tutorial video.
Before we start with the 24option guide, let’s make a brief introduction about the company. If you’re not interested and prefer to get right to the facts, you can move on to the next paragraph.
What is 24option?
24option, a brand active in online trading for over five years and an official partner of Juventus FC, is a broker managed by Rodeler Ltd.
Until 2016, it was a leader in the binary options market, then left the sector in 2017 to specialize in CFDs and Forex.
The option, therefore, remains only in the world-renowned brand and enjoys the CySEC authorization and regulation that allows it to operate in Europe and serve European clients (Free 24option Demo Account by clicking here). It also operates in different countries around the world.
List of Lessons in Guide to 24option
Below you will find the list of lessons of the course on 24option. To access the specific page of the desired lesson, simply click on the relevant title.
- How sign up on 24option
- The 24option trading platform
- Example of trading on the 24option platform
- Advanced 24option platform tools
- How to use Metatrader with 24option
- Self-assessment test on the contents of the guide
How to Start Using 24option Correctly
With this free online guide, we wanted to offer you the opportunity to have the correct approach to 24option that is both gradual and complete.
Registering and wanting to practice immediately without knowing all the features of the platform does not allow you to exploit its potential that is useful for a potential profit.
Opening a trading position upwards or downwards is simple, but it is not necessarily enough. Since 24option is a complete trading platform, designed to satisfy even the most demanding traders, it is right to enhance its features, functional to quality trading.
Using the Demo and Depositing on 24option
Although the registration process ends with the deposit request, you can trade with a demo account for free and without risk.
In fact, once you have completed the registration process and arrived at the deposit page, you can return to the platform’s trading page where you have activated the demo. We will get to know this better in the first lesson.
So if you want to try 24option for free without making a deposit and with a virtual budget, follow our instructions in the first lesson.
Using 24option with Metatrader
One of the sure advantages offered by this broker is the possibility to trade with 2 different platforms. In addition to the “home” platform available via browser and app, there is also the possibility to trade with MetaTrader.
MetaTrader, which we have talked about several times on this site, is by far the most widely used professional trading platform in the world by traders of various levels that are mostly medium-high. It is in fact a platform full of technical features and is especially enjoyed by those who have the knowledge to exploit its potential.
Mobile trading with 24option’s App
24option allows you to trade on mobile devices, such as tablets and smartphones, through its dedicated app.
To access the app just search the app store and is available for both iOS and Android devices.
In case you still find information about binary options, these are simply due to the lack of store updates.
In fact, if you install the app, you will have access to 24option where you can now trade only on FX and CFDs.
24option’s website offers a very good trading training center. This is divided into three parts: basic, intermediate and advanced.
The basics help you to get to know each other better, the middle one presents some of the most commonly used strategies with the help of technical analysis, while the advanced one offers trading approaches based on your goals.
These are video lessons that come with an interactive e-book and a downloadable e-book. There would also be webinars as the “training” page shows the calendar. This will become clickable when lessons are entered.
24 Signals, 24option’s signals
24option uses the potential of the trading signal software produced by Trading Central, a third party company that provides financial analysis and trading algorithms.
Please note that the signals do not constitute investment or financial solicitations and should not be interpreted in this way.
They are simply studies that delineate possible variations of a price for a determined asset, which are calculated exclusively through mathematical models on the basis of the historical diagrams.
As we will see in the course, the signals are also available free of charge and viewable in the lower part of the display of the trading platform, under the item “Signals”:
We always appreciate trading platforms that allow a quick and easy consultation of an economic calendar.
On the platform, you can view the economic calendar, which can be viewed in the lower part of the display by selecting the “Calendar” item.
This presents, for each item, the date/time, currency, type of impact, historical data, forecasts, and actual data.
A black but very clear platform
The 24option theme is well known to many traders. Its characteristic color is black, but equally characteristic are its clarity and practicality.
Even those who work with this platform for the first time will immediately find what they are looking for: assets, charts, items to be set to operate.
However, our guide will show you examples of practical trading to follow step by step so that you can see for yourself the clarity and practicality that we highlight.
Find out if you’re ready to start
We would like to point out that at the end of our course on 24option, there is the last chapter dedicated to a self-assessment test.
Following the entire course will also help you to answer the questions of the CySEC questionnaire. Don’t know what the CySEC questionnaire is? Actually, few people know all about it, although many have found themselves doing it.
It is a questionnaire in which beyond to some detail on your activity and your objectives and asks some question on the operation of the CFDs in order to test if you are really ready to operate, that is if you know at least the basics of the financial trading.
By reading our course, in addition to learning how to use the platform, you will also learn everything you need to answer any basic or general questions about CFD and Forex trading. Go to the first lesson: how to sign up for 24option.