R24 Capital-Some Detailed Information about This Broker

WikiFX | 2024-11-29 17:38

Abstract：Founded in 2020, R24 Capital is an unregulated broker registered in Hong Kong, offering trading in Forex, Metals, Energy, Indices, and Cryptocurrencies with leverage up to up to 1:1000 and spread from 1.8 pips on the STP account via the MT4 account. The minimum deposit requirement to open a live account is $100.

R24 CAPITAL Review Summary
Founded	2020
Registered Country/Region	Hong Kong
Regulation	Unregulated
Market Instruments	Forex, Metals, Energy, Indices, Cryptocurrencies
Demo Account	/
Leverage	Up to 1:1000
EUR/USD Spread	From 1.8 pips (STP account)
Trading Platform	MT4
Min Deposit	$100
Customer Support	Tel: +852 59320907, +1-646 479 0462
	Email: info@r24capital.com
	Address: Flat A222, 3/F, Phase 2, Hang Fung Industrial Building, 2G Hok Yuen Street, Hung Hom, Kowloon, Hong Kong
	O307A-DEIRA TOWER, AL REGA P.O.Box 1451, Dubai, United Arab Emirates

General Information

Founded in 2020, R24 Capital is an unregulated broker registered in Hong Kong, offering trading in Forex, Metals, Energy, Indices, and Cryptocurrencies with leverage up to up to 1:1000 and spread from 1.8 pips on the STP account via the MT4 account. The minimum deposit requirement to open a live account is $100.

Pros & Cons

Pros	Cons
Wide range of market instruments	Inaccessible website
Multiple account types	Lack of regulation
Commission-free for most account types	Limited payment options
MT4 supported	Withdrawal fee charged

Regulation

No, R24 Capital currently has no valid regulations. Please be aware of the risk!

Market Instruments

Tradable financial instruments offered by R24 Capital include forex currency pairs, metals, energies, indices, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Energy	✔
Indices	✔
Cryptocurrencies	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Min Deposit
STP	$100
VIP	$3 000
ECN	$8 000
Affiliate	$100

Leverage

R24 Capital offers a maximum trading leverage of up to 1:1000 for all account types. While high leverage can amplify potential profits, it also significantly increases the level of risk. Traders should use leverage cautiously and be aware that it can lead to substantial losses if not managed properly.

Spreads & Commissions

Account Type	EUR/USD Spread	Commission
STP	From 1.8 pips	❌
VIP	From 1.0 pips	❌
ECN	From 0 pips	7 USD
Affiliate	From 2.3 pips	❌

Trading Volume

The minimum single trade volume of R24 forex is 0.01 lots. Traders can choose the most suitable trade size according to your current situation. It supports a maximum trade volume of 100 standard lots and can hold up to 1000 orders at the same time.

Trading Platform

R24 Capital supports MetaTrader4 (MT4) – a mainstay in the forex industry. MT4 trading platform is recognized as the best trading platform in the forex trading industry, featuring 21 timeframes, a large number of built-into technical indicators, supporting EA as well as automated trading.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	PC, iOS, Android	Beginners
MT5	❌	/	Experienced traders

Deposit & Withdrawal

R24 accepts deposits via Visa and Mastercard, Bank Wire Transfer, and Bank Wire Transfer (Europe).

For withdrawals, clients provide necessary information, including account number, name, email, withdrawal amount, and bank details. Withdrawal fees apply, with US$5 for ACH wire transfers within the U.S. and US$75 for international transfers.

Maintaining sufficient funds in the account, matching bank account names, and providing accurate bank details are essential. R24 verifies all withdrawal requests for security and compliance. Clients can seek assistance through online chat for any questions or uncertainties in the process.