24Option Minimum Deposit

The 24Option Minimum Deposit is $250. This is average when compared to other broker minimum deposit fees, making it accessible to beginner and smaller retail traders.

Choose your quick section of our 24Option Minimum Deposit below.

Our 24Option Minimum Deposit Revealed:

• ✔️Minimum Deposit
• ✔️Deposit fees and deposit methods
• ✔️Step by step guide to deposit the minimum amount
• Pros and Cons

Here is our overview of the 24Option Minimum deposit as well as the pros and cons as well as features that are offered to traders.

Minimum Deposit

The minimum deposit amount required to open a broker account with 24Option is $250 (R3489.70 USD/ZAR at the time of writing), which is slightly higher than that required by many other brokers in the industry, whose minimum deposit requirements average between $10 – $100 (R139.59 – R1395.88 USD/ZAR at the time of writing).

That said, this is minimum deposit requirement from 24Option should not present too high a barrier of entry to most new traders.

Deposit fees and deposit methods

24Option offers several popular deposit methods which consist of the following:

• Credit Card
• Electronic Payment
• Wire Transfer

In terms of deposit security, all transactions are protected with a combination of security systems and firewalls, ensuring that your account and banking details are safe and secure.

The broker’s transaction security uses SSL (including both ClickSSL and Thawte) that goes above the industry standard and ensures that your sensitive information is protected when completing transactions with 24option.

Added to this, 24Option is regulated by the Cypress Securities and Exchange Commission (CySEC), which ensures that the broker stores all client funds in segregated accounts with top tier banks to avoid any type of misappropriation.

With regards to deposit currencies, 24Option does not specify which deposit currencies are accepted.

While it can be assumed that major currencies like USD and EUR will be accepted, traders depositing in smaller currencies, like ZAR/Rand, should check with the accounts department with regards to possible conversion fees.

The broker does not charge deposit fees, but withdrawal fees are charged, which vary depending on the chosen method.

Step by step guide to deposit the minimum amount

Depositing into your account with 24Option consists of the following steps:

• Log into your account
• Select the option to make a deposit
• Choose your preferred deposit method. Remember that this will be the same method by which you will have to make withdrawals in future.
• Confirm and submit your deposit

Pros and Cons

You might also like: 24Option Account Types Overview

You might also like: 24Option Demo Account – Step by Step

You might also like: 24Option Fees and Spreads

You might also like: 24Option Sign up Bonus

FAQ

What is the minimum deposit for 24Option?

The minimum deposit amount required to open a broker account with 24Option is $250 (R3489.70 USD/ZAR at the time of writing), which is slightly higher than that required by many other brokers in the industry, whose minimum deposit requirements average between $10 – $100 (R139.59 – R1395.88 USD/ZAR at the time of writing).

How do I make a deposit and withdrawal with 24Option?

24Option offers several popular deposit methods which consist of the following:

• Credit Card
• Electronic Payment
• Wire Transfer

Does 24Option charge withdrawal fees?

The broker does charge withdrawal fees, which vary depending on the chosen withdrawal method.

How long does it take to make a withdrawal?

Withdrawal requests are processed within 24 business hours. Once the funds are sent it may take up to 5 business days for them to arrive to your withdrawal source.

The broker aims to process all withdrawal requests as quickly as possible and without undue delays. However, you will also need to provide documentation to verify your payment method to withdraw, which may delay the procedure.

To avoid delays, please ensure that all verification documentation is up to date before you make your request.

Are my deposits safe with 24Option?

Yes, all transactions are protected with a combination of security systems and firewalls, ensuring that your account and banking details are safe and secure.