24trading Spreads, leverage, minimum deposit Revealed

　　Note: 24trading's official website - https://www.24trading.co/ is currently inaccessible normally.

　　24trading is online forex broker allegedly registered in the United Kingdom, but it was actually registered in Saint Vincent and the Grenadines. Since the brokers official website has been closed down, we could only get minimal information.

Pros and Cons

Is 24trading Legit?

　　No, 24trading is not regulated by the financial services regulatory authority in the UK, which means that the company lacks regulation from its registration site. Besides, its domain status shows that client transferring is prohibited. Apart from that, this company was blacklisted by Polish Financial Supervision Authority (KNF) and Autorité des Marchés Financiers (AMF). Please be aware of the risks!

Account Type

　　24trading appears to offer five trading accounts to satisfy its clients trading needs and goals, namely Explorer, Basic, Silver, Gold, Platinum. The minimum initial deposit for each account is absurdly high, with the most basic account, the Explorer account, requiring as high as $3,000. Another four trading accounts ask for even much more capital.

　　While other account features or account services are not shared.

Trading Platform

　　24trading uses a web-based platform, and it does not support MT4 or MT5.