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24ProfitMarket -

Score

1.39 /10
Danger

24ProfitMarket

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://24profitmarket.com

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Time Machine
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Score

Regulatory Index0.00

Business Index6.10

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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 : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

24ProfitMarket · Company summary
24ProfitMarket Review Summary
Founded2017
Registered Country/RegionNot mentioned
RegulationUnregulated
Market InstrumentsForex, Commodities, Indices, Shares, Cryptocurrencies
Demo Account×
SpreadFrom 0.0 pips (claimed)
Trading PlatformMetaTrader 4 web platform, MetaTrader 4 mobile platform
Min Deposit€250

24ProfitMarket Information

Designed in 2017, 24Profit Market is an unregulated internet trading platform. Among the several financial tools it provides are forex, indices, equities, commodities, and cryptocurrencies.

24ProfitMarket Information

Pros and Cons

ProsCons
Offers a range of financial instrumentsUnregulated
Provide MT4High withdrawal fees
Multiple account types

Is 24ProfitMarket Legit?

24ProfitMarket operates without any regulations.

Is 24ProfitMarket Legit?

What Can I Trade on 24ProfitMarket?

24ProfitMarket offers trading in MANY financial instruments.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Shares✔
Cryptocurrencies✔
ETFs❌
Bonds❌
What Can I Trade on 24ProfitMarket?

Account Types

24ProfitMarket provides 3 types of live trading accounts but does not offer demo or Islamic accounts.

Account NameMinimum DepositBonusSuitable For
Bronze€25020%Beginners
Platinum 1€75030%Intermediate traders
Platinum 2€1,00050%Advanced traders
Account Types

24ProfitMarket Fees

24ProfitMarket's fee structure is high compared to standards.

Trading Fees

The broker offers competitive spreads starting from 0.0 pips. But it doesn't mention other trading fees.

24ProfitMarket Fees

Trading Platform

24ProfitMarket offers the MetaTrader 4 (MT4) platform.

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4✔Web, Android, iOSBoth novice and experienced traders
Trading Platform

Deposit and Withdrawal

Deposit fees

24ProfitMarket charges fees for withdrawals and has a minimum deposit requirement of at least €250.

Deposit OptionsMin. DepositFeesProcessing Time
Credit/Debit Cards€250Not specifiedNot specified
Wire Transfer€250Not specifiedNot specified
E-Wallets€250Not specifiedNot specified
Deposit and Withdrawal

Withdrawal fees

The broker imposes high withdrawal fees of $35, and charges additional charges for not meeting certain trading volume requirements.

Fee TypeAmount
Credit Card Withdrawal$35
Bank Transfer Withdrawal$50
E-wallet Withdrawal$25
Additional Fee for Not Meeting 200x Turnover10% of withdrawal amount

User Reviews

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User comment

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Comments

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FX1171850791
more than one year
I found 24ProfitMarket customer support service extremely helpful, especially as I was unsure what I needed. I got bonuses instantly after my first deposit.
I found 24ProfitMarket customer support service extremely helpful, especially as I was unsure what I needed. I got bonuses instantly after my first deposit.
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2022-12-13 17:34
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_okma
more than one year
If you invested in this broker, and you will give you money to its scammer. They manipulated your trading accounts, arose your trading fees, rejected your withdrawal requests… That happened to me. Guys, stay away from it.
If you invested in this broker, and you will give you money to its scammer. They manipulated your trading accounts, arose your trading fees, rejected your withdrawal requests… That happened to me. Guys, stay away from it.
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2022-12-09 16:48
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