24Option Trading

Founded in 2010, 24Option rose to prominence as one of the world's largest binary options brokers. Operated by the Cyprus-based firm Rodeler Limited, it was regulated by the Cyprus Securities and Exchange Commission (CySEC). Amidst increasing regulatory pressure and a widespread crackdown on binary options, the company shifted its focus exclusively to Forex and CFD trading. However, following numerous regulatory warnings and fines across Europe for aggressive and non-compliant practices, its parent company renounced its CySEC license in 2020, leading to the complete cessation of all trading services.