24XFOREX-Overview of Accounts, Leverage, Spreads

WikiFX | 2026-04-20 22:43

Abstract：24XFORE is a newly established forex broker registered in the Marshall Islands. As an offshore forex broker, it does not disclose the company behind it, which arises much danger. 24XFORE claims that it provides investors with trading assets including forex pairs, indices, and cryptocurrencies.

Official Website Unavailable

Since 24XFOREs official website cannot be accessible for the moment, we could only pick up some related information from broker-rating websites to get a rough idea of this broker.

General Information

24XFORE is a newly established forex broker registered in the Marshall Islands. As an offshore forex broker, it does not disclose the company behind it, which arises much danger. 24XFORE claims that it provides investors with trading assets including forex pairs, indices, and cryptocurrencies.

Market Instruments

Tradable financial instruments on the 24XFORE platforms are quite limited, only currency pairs, indices, and cryptocurrencies allegedly available. Other popular trading assets like stocks, commodities, precious metals, and more, are not mentioned.

Account Types

Like most forex brokers, to satisfy various traders specific trading needs, 24XFORE does offer three forex trading accounts: Silver, Gold and Platinum. However, it does not mention the initial deposit requirement for each account.

Leverage

Trading leverage varies depending on what kind of trading accounts you are holding. For instance, the Silver Account offers the leverage up to 200:1. While the Gold and Platinum Accounts can offer higher leverage, up to 300:1, 400:1, respectively. This is because the latter account holders are typically experienced or advanced traders, high leverage can attract them more. However, since leverage can magnify gains as well as losses, it is essential that traders should learn how to use it and manage risks.

Spreads & Commissions

24XFORE hypes it offers ultra-low spreads on instruments, but it does not specify spreads on particular instruments. After testing with its demo account on the platform, we found that the spreads on the benchmark EUR/USD pair is around 0.2 pips, which is too good to be true. Since this broker is unregulated anyway, traders are not advised to trade currency pairs here.

Trading Platforms

In terms of trading platform available, 24XFORE offers access to two distributions of the highly acclaimed MT4 platform-available on PC and web versions.

Deposit & Withdrawal

No information about the minimum deposit requirement, and the minimum withdrawal amount is $50. Supported payment methods are Debit/Credit Card, Wire Transfer, e-Wallets like Skrill. Transaction via Credit/Debit Card charges no fees, while the costs for transfer wire, Skrill fail to mention.

Contact Info

24XFORE offers a poor customer service, and its support team can only be contacted through email: support@24xforex.com. Company Address: The Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands.

Leverage Commission Currency Pair Dealer Forex trading Forex Broker

Related broker

Not Regulated

24XFOREX

Company name：24XFOREX

Score

1.52

Website：https://24xforex.com/

5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.52

amana Exposure Report: Withdrawal Delays & App Malfunction Allegations

amana, a United Arab Emirates-based broker, is reportedly losing most of the traders’ favour recently. These traders have accused the brokerage entity of serious misconduct, including the long-pending fund withdrawal requests and poor customer services. Negative amana reviews have emerged across broker evaluation platforms such as WikiFX. Through this article, we have covered these allegations while providing our perspective on the broker’s regulatory status. This will help you make an informed call on whether you can trust amana with your capital.

Original 2026-05-06 22:40

MT.COOK Review: Traders Raise Concerns Over Spreads, Allege Ponzi Scheme

Have you lost a significant amount of capital on the MT.COOK platform? Did you face losses due to wide spreads? Have the overall trading conditions been unpleasant for you as a trader? Did you feel that the platform worked as a Ponzi scheme? You’re not alone! Many traders have accused the brokerage entity of these issues on broker review platforms such as WikiFX. In this MT.COOK review article, we have investigated several complaints. Read on!

Original 2026-05-06 20:35

India’s 10-Year G-Sec Yield Rises 7.1%; Check How It Impacts Your Life

India’s 10-year G-sec rose toward 7.1%, approaching a new one-month high as global oil prices surged following renewed geopolitical tensions. The recent oil price surge following attacks on shipping routes in the Strait of Hormuz and subsequent damage to oil infrastructure has led to fresh inflation concerns in India. Meanwhile, the weakness in the rupee, which crossed a low of 95 per dollar mark twice in 2026, has added upward pressure on yields. According to market participants, the constantly elevated energy prices may further the fiscal deficit and make the inflation outlook complicated, making a more cautious tone important in India’s bond markets.

Original 2026-05-06 15:58

HYCM UK Swings to £236,304 Loss in 2025 as Costs Outpace Revenue Growth

HYCM Capital Markets (UK) Limited reported a £236,304 loss for 2025, as higher administrative costs offset a small rise in revenue and reversed the previous year’s profit.

Original 2026-05-06 13:53