Score

1.38 /10
Danger

247FXTRADEOPT

United States

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Website

Score

Regulatory Index0.00

Business Index6.03

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

247FXTRADEOPT · Company summary
basic-info

General Information

247FXTRADEOPT presents itself as a forex and CFD trading platform, providing clients access to currency pairs and mainly cryptocurrency trading. 247FXTRADEOPT offers a range of investment plans to accommodate different traders‘ trading needs, with the minimum deposit to invest with this platform starting at $500. Lastly, this broker claims that it offers 24 x7 customer support to solve clients’ any trading problems.

As for regulation, 247FXTRADEOPT is not subject to any valid regulation, and thats why it receives a low score of 1.11/10 on the WikiFX website.

wikifx

Market Instruments

It seems that 247FXTRADEOPT only provides its clients access to forex trading and cryptocurrency trading. Other available trading assets like precious metals, commodities, and more are not available.

Investment Plans

A total of six investment plans are provided, namely Starter, Silver, Gold, Platinum, Master, and Superior. Each investment requires a different amount of minimum deposit and stands for different offering (profit). For instance, the Starter plan asks for a deposit of $500 and clients who hold this account is promised a high profit of 10%.

Given the fact that 247FXTRADEOPT is not subject to any regulation, its high minimum deposit and high profit promise are just a tactic to attract more investors and then defraud them.

investment-plans

How to open an account with 247FXTRADEOPT?

Opening an account with 247FXTRADEOPT is an easy and simple process and totally free of charge:

1. Click the “Register” link, and fill up some required details on the popping-up page.

 account

2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Trading Platform

What 247FXTRADEOPT provides is not the industry-leading MT4 or MT5 trading platform.

Payment Methods

The minimum deposit to invest with 247FXTRADEOPT is $500. This brokerage house only allows its clients to make a deposit and withdrawal through cryptocurrency, which is dangerous.

Customer Support

247FXTRADEOPT boasts that it provides 24x7 customer support. Clients with any inquiries or trading-related issues can reach out this broker through the following contact channels:

Telephone: +1(251) 317-7335

Email: info@247fxtradeopt.com

Online chat

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

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FX1280026503
more than one year
247FXTRADEOPT This company froze my account for no reason! When I wanted to withdraw money after the freezing period, the company's website couldn't be opened! isn't it ridiculous???
247FXTRADEOPT This company froze my account for no reason! When I wanted to withdraw money after the freezing period, the company's website couldn't be opened! isn't it ridiculous???
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2023-03-01 13:40
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