Score

1.49 /10
Danger

R24 CAPITAL

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

Add brokers

Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.82

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
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

open now

Broker Information

More

Company Name

R24 CAPITAL GROUP INC

Company Abbreviation

R24 CAPITAL

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
R24 CAPITAL · Company summary
R24 CAPITAL Review Summary
Founded2020
Registered Country/RegionHong Kong
RegulationUnregulated
Market InstrumentsForex, Metals, Energy, Indices, Cryptocurrencies
Demo Account/
LeverageUp to 1:1000
EUR/USD SpreadFrom 1.8 pips (STP account)
Trading PlatformMT4
Min Deposit$100
Customer SupportTel: +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 and Cons

ProsCons
Wide range of market instrumentsInaccessible website
Multiple account typesLack of regulation
Commission-free for most account typesLimited payment options
MT4 supportedWithdrawal fee charged

Regulation

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

No license

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 TypeMin Deposit
STP$100
VIP$3 000
ECN$8 000
Affiliate$100
Account comparison

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 TypeEUR/USD SpreadCommission
STPFrom 1.8 pips
VIPFrom 1.0 pips
ECNFrom 0 pips7 USD
AffiliateFrom 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 PlatformSupported Available Devices Suitable for
MT4PC, iOS, AndroidBeginners
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.

Deposit
Withdrawal

User Reviews

More

User comment

8

Comments

Write a review

Girlrich
more than one year
Could you reply to me with when or how to move charts over a multi-monitor desktop set up please?.
Could you reply to me with when or how to move charts over a multi-monitor desktop set up please?.
Translate to English
2024-07-19 17:17
Reply
0
0
Hendrik G
more than one year
Love the advanced charting tools on R24's platform, allowing me to analyze markets in detail. BTW, trading central is very useful.
Love the advanced charting tools on R24's platform, allowing me to analyze markets in detail. BTW, trading central is very useful.
Translate to English
2024-06-28 14:52
Reply
0
0
3