If you want to trade into the exciting world of binary options should take care when picking the right trading platform. A binary option is a very exciting and high risk high reward form of trading options. Exciting for some but may be risky for others given the different types of personalities of investors. Nevertheless whether you’re a conservative trader or a risk taker binary option trading can be exciting and lucrative.
24option is a popular online trading platform offering a wide range of binary options instruments on dozens of underlying assets.
24option wins high appreciation for its user interface, which contains the basic information you need to know in order to make a trade. The trading controls are easy to use, and choosing between the various asset markets is a flexible and comfortable.
24Option offers intraday "One Touch" and "Boundary" binary options in addition to the traditional "High/Low" options. 24Option also allows maximum liquidity to the trader by providing the possibility to close positions prior to expiry. 24Option offers a payout of up to 85% if an option expires "in the money" and up to 15% return if the option expires "out of the money".
Types of trading instruments used on the 24option platform are as below:
Boundary
This instrument is written based on 2 target prices (an upper and lower target), that come together to form a boundary range. Outcomes of the boundary instrument are dependent upon the price of the market at expiration associated with the boundary range.
One Touch
The one touch instrument is written based on the target price. The outcome of this instrument is dependent upon whether or not the market price does not or does attain the target price, before the option expires.

High/Low
This instrument is based on the present market price. The high/low instrument enables you to determine whether or not the market will be lower or higher upon the expiration associated with the present market price.
24Option is remarkable for its versatility, wide range of assets, and simplicity. It is definitely a trading platform most traders should check out when choosing a broker.