24Option vs Spectre.ai

24Option or Spectre.ai – which is better for UK traders 2024? Compare 24Option and Spectre.ai in this detailed breakdown of their platforms, features and fees.

24Option vs Spectre.ai Comparison Table 2024

24Option	Spectre.ai
2	3.3
24Option is ranked #11 among binary options brokers.	Spectre.ai is ranked #11 among binary options brokers.
Review	Review
24Option has closed or no longer accepts UK clients. Trade nearly 200+ global stocks at 24Option via CFDs. Spreads are competitive and stop loss and take profit orders are available. Even trade new cannabis firms in Canada!	Spectre.ai has closed or no longer accepts UK clients. Spectre.ai is a binary options trading platform that offers an innovative blockchain-based system and proprietary products with payouts up to 400%. Spectre sources liquidity directly from traders with no middleman, and offers a transparent trading environment with all transactions visible on a verified ledger. The broker offers contracts on crypto and forex pairs with flexible expiry times and instant payouts on an easy-to-use bespoke platform and mobile app.
Pros
	Trades are verified through a decentralized public ledger 100+ assets are available with payouts up to 400% Unique Epochal Price Index Composite (EPIC) assets Privileges and perks can be bought in Trader's Bay Crypto deposits are accepted with no transfer fees The low minimum deposit of $0 will suit new traders A free demo account is available
Cons
	Spectre.ai is not regulated by a reputable authority No MT4 integration for advanced chart analysis No copy trading service
FCA Regulated
No	No
Instruments
CFDs, Forex, Stocks, Cryptos	Shares, Reverse Futures, Crypto, Forex, Commodities, Binary options, EPIC, CFD
Demo Account
Yes	Yes
Minimum Deposit
$250	$0
Payment Methods
Paysafecard Yandex Money	ADVcash Credit Cards Debit Card FasaPay Finrax Neteller Paysafecard Perfect Money Skrill Visa Wire Transfer
Minimum Trade
0.1 Lots	$1
Regulator
CySec	St. Vincent and the Grenadines
Mobile Apps
iOS, Android and Windows	Yes
iOS App Rating
Android App Rating
Margin Trading
No	Yes
MetaTrader 4
Yes	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Auto Trading
	Yes - through APIs
Copy Trading
No	No
Social Trading
No	No
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
	USD EUR GBP
Commodities
	Gold Silver
CFD
Leverage
1:30 (EU), 1:200 (Global)	1:40
FTSE Spread
1 pt	N/A
GBPUSD Spread<
0.2 pips (var)	0.9
Oil Spread
1 pip	N/A
Stocks Spread
0.2% Var	Variable
Forex
24Option deliver a high quality forex trading service, with over 45 currency pairs and variable spreads from just 3 pips.	Trade binary options on 18 forex pairs, including a selection of majors, minors and cross pairs such as GBP/USD, EUR/USD and AUD/JPY. Gold and silver binary options are also available paired with USD.
Assets
45+	20
GBPUSD Spread
0.2 pips (var)	0.90
EURUSD Spread
0.2 pips (var)	0.58
EURGBP Spread
0.9 pips (var)	0.90
Cryptocurrency
24option offer crypto with the tightest margins. They also offer markets against a range of currencies, not just USD.	Trade some of the most well-known cryptos, including Bitcoin, Ethereum, and Litecoin. Users just have to decide if the price of the digital token will rise or fall over an agreed timeframe.
Spread
BTC 0.4%, ETH 0.5%	Variable
Coins
BCH BTG BTC ETH LTC XRP XRM	BTC LTC ETH DSH BCH LINK UNI AAVE TERRA MKR AVAX SNX COMP SUSHI CAKE FTM YFI UMA RUNE REN ZRX BNT
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
	Spectre.ai offers binary options trading on multiple markets with a $0 starting deposit and payouts up to 400%. No other binary brands match Spectre in terms of payouts.
Payout
	400%
Expiration Times
	1 second - 1 day
Boundary Options
Yes	No
Ladder Options
No	No
24Option	Spectre.ai
Review	Review
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