Bonus offers are one of the many ways in which you can boost your profitability without having mastered all the tricks of the trade. They provide you with more leeway so you can be a bit more adventurous with your trades without running the risk of losing considerable amounts of your own money. Instead, you can play around with the funds given to you by the broker. If you have your sights set on 24Option, you will be pleased to know about what your options are in terms of promotions. There are two main 24Option bonus offers you need to know about.
First deposit bonus
Upon making your first $250 minimum deposit to activate your live trading account, 24Option will offer you up to a 100% match bonus. This means you will get an additional $250 put into your account, for a total of $500 with which you will be able to start trading. Many conditions are attached to this type of bonus so ensure you understand the fine print before agreeing to it. If you have any questions, customer support does an excellent job at addressing any concerns. Many traders often end up disappointed with this type of bonus but if you know ahead of time that you can only withdraw once you have reached a certain trade volume, you will know what to expect.
No risk trading bonus
24Option offers new traders a 100% risk-free first trade. With this bonus, you have an opportunity to gain back 100% of the investment on your first trade, should it finish ‘out of the money’.
24Option reserves the right to revoke a bonus offer if a trader fails to meet the terms and conditions. Please note that bonus offers vary and are subject to change or cancelation without prior notice. 24Option requires a minimum trade volume of 50 times the volume of the given bonus before it becomes redeemable.