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24trading-Some important Details about This Broker

WikiFX | 2025-01-03 14:55

Abstract: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.

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

24trading Review Summary
Founded2022
Registered Country/RegionUK
RegulationNo regulation
Market Instruments/
Demo Account/
Leverage/
Spread/
Trading PlatformWebTrader
Min Deposit$3,000
Customer SupportTel: 14388068855
Email: support@24trading.co

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

Pros Cons
NoneInaccessible website
No regulation
No MT4 or MT5
High minimum deposit
Lack of transparency

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!

No license
Domain information
Disclosure 1
Disclosure 2

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.

Trading PlatformSupported Available Devices Suitable for
WebTrader✔PC, web/
MT4❌/Beginners
MT5❌/Experienced traders
Forex tradingForex Broker

Related broker

No Regulation
24trading
Company name:24trading
Score
1.49
Website:https://www.24trading.co/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.49

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