An 24Option Sign Up Bonus also known as a welcome bonus is not offered by 24Option to professional clients who choose to register for a real account with the broker.
Choose your quick section of our 24Option Sign Up Bonus below.
Our 24Option Sign Up Bonus Revealed:
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Sign-up Bonus
24Option does not offer a welcome bonus to traders who choose to register for a real account. This is because the broker is restricted from doing so by its regulator, the Cypress Securities and Exchange Commission (CySEC).
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
New traders should note however that bonuses are not available on demo accounts, though many brokers do offer the opportunity to sign up for a free demo contest, with prizes available.
Referral Bonus
Referral bonuses allow existing traders of a given broker to earn greater rewards through referring a friend to a broker. The trader is compensated by the broker when this referral results in the friend signing up for a real account.
24Option does not provide any type of referral programme or partnership programme, and such incentives do not appear to be a part of the broker’s growth strategy in terms of its overall offering.
Additional broker bonuses, promotions, and rewards
24Option does not provide additional broker bonus programmes and contests for loyal customers. This includes the offering of trading bonuses, deposit bonuses, and no deposit bonuses, all of which are banned under recent restrictions from the broker’s regulator, CySEC.
Pros and Cons
| PROS | CONS |
| Well-regulated broker | No bonuses offered by 24Option |
Conclusion
24Option is well regulated by CySEC to offer a secure trading environment. However, the broker’s regulator restricts it from offering any type of bonuses or promotions as part of extended client protection measures.
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FAQ
What is a bonus?
A bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
Do all Forex brokers offer bonuses?
No, some Forex brokers choose not to feature bonuses as part of their offering, or else are restricted from offering bonuses by their regulators.
The most recent regulatory agencies to restrict the offering of bonuses include the Financial Conduct Authority (FCA), Cypress Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (CySEC).
Why do some agencies regulate against the offering of bonuses?
Regulatory agencies such as CySEC and the FCA restrict the offering of bonuses to protect investors from the risks of over trading.
How can a bonus benefit my trading?
Depending on the bonus and the conditions attached, it may boost funds available in your account for trading.
Does 24Option offer a sign-up bonus?
No. 24Option does not offer a sign-up bonus. To find out more, click here.
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