Score

1.48 /10
Danger

NYSE 24

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.76

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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Broker Information

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Company Name

NYSE 24 LIMITED

Company Abbreviation

NYSE 24

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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NYSE 24 · Company summary

Note: NYSE 24's official website: https://nyse24.com/en is currently inaccessible normally.

NYSE 24 is a trading firm founded in the UK in 2020, offering a variety of trading tools including currency pairs, precious metals, commodities, etc. The maximum leverage is 1:100 and the minimum deposit is only 50 USD. Despite these advantages, it currently does not have any legal licenses and the website cannot be accessed to obtain detailed information.

Pros and Cons

Pros Cons
Multiple Account TypesLack of Regulation
Multiple Trading ChoicesLimited Customer Support Channels
Limited Information Transparency
No Demo Accounts
Unavailable Website

Is NYSE 24 Legit?

NYSE 24 operates without any legal regulation, which means this broker may cheat your assets without facing any consequences. Therefore, before trading with NYSE 24, you must be cautious and verify its authenticity .

No license

What Can I Trade on NYSE 24?

NYSE 24 offers a wide range of trading instruments, including forex pairs, precious metals, commodities, stocks, futures contracts, and cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Stock
Mutual Funds
Futures Contracts

Account Type (Minimum Deposit/Leverage/Spread)

NYSE 24 offers four types of accounts: the basic account, the classic account, the pro account and the VIP account. It requires a minimum deposit from $50 to $70,000. The leverage is flexible, spanning from 1:100 to 1:500.

However, the lack of information on restrictions and regulations may lead to asset security issues.

Account TypeMax LeverageMin DepositMin Spread
Basic1:10050 USD1.6 pips
Classic1:2001 000 USD1.4 pips
Pro1:40010 000 USD1 pip
VIP1:50070 000 USD0 pips

Customer Service

Since NYSE 24's website is unavailable, the only way of contacting customer service is through their phone: 380445062692, 442038076344.

The Bottom Line

NYSE 24 offers a variety of trading tools, with high leverage and tight spreads, which may be appealing. However, it lacks transparent information on regulatory compliance and its website is unvailable. Therefore, traders are advised to avoid such brokers.

FAQs

Is it safe to trade with NYSE 24?

No, trading with NYSE 24is unsafe given the lack of legal regulation.

What is the minimum deposit at NYSE 24?

The minimum deposit is $50.

What is the maximum leverage offered by NYSE 24?

The maximum leverage is 1:500.

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