Abstract:My24Coin, a trading name of 24 COIN HRS LIMITED, is an unregulated UK-based forex broker that offers forex trading with leverage up to 1:200 via the FxToAll and Webtrader trading platforms.
Note: My24Coin's official website - https://my24coin.com is currently inaccessible normal.
My24Coin Review Summary | |
Founded | / |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Forex |
Demo Account | / |
Leverage | Up to 1:200 |
EUR/USD Spread | Floating around 0.0-0.2 pips |
Trading Platform | MetaTrader, Webtrader |
Min Deposit | $250 |
Customer Support | Tel: +441632 960881 |
Email: support@my24coin.com | |
Company Address: 2 Albert Place, London, England, N3 1QB |
My24Coin, a trading name of 24 COIN HRS LIMITED, is an unregulated UK-based forex broker that offers forex trading with leverage up to 1:200 via the FxToAll and Webtrader trading platforms.
Pros | Cons |
Tight EUR/USD spread | Unfunctional website |
Popular payment options | Unregulated |
Limited tradable asset classes | |
Wide spreads | |
Various fees charged | |
High minimum deposit requirement |
No, My24coin currently has no valid regulations. Please be aware of the risk!
Trading Asset | Available |
forex | ✔ |
commodities | ❌ |
indices | ❌ |
stocks | ❌ |
cryptocurrencies | ❌ |
The leverage is up to 1:200 on this platform. Keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can work both in your favour and against you.
The EUR/USD spread delivered by the Webtrader at MY24COIN is floating around 0.0 and 0.2 pips.
MY24COIN delivers MetaTrader and Webtrader trading platforms.
However, the MT provider is FxToAll, which is known to work with numerous scam brokers. The following is the screenshot of Webtrader.
MY24COIN says to work with Credit/Debit cards, Wire Transfers and OKPay.
The minimum initial deposit requirement is said to be $250. While the minimum withdrawal is $250 for Wire Transfers ($50 transaction fee) and $100 for other methods ($25+10$ fee).
Moreover, if clients havent reached 200 in turnover, they should pay another 10%.
MY24COIN claims to offer some bonuses. However, the bonus can only be withdrawn when a minimum trading volume of 30 times the bonus plus the deposit is achieved.
The broker also charges an inactivity fee. An account becomes dormant after 6 months of inactivity and will be charged 10% of the balance per month.
Like other financial markets, the forex market is influenced by various factors, including economic data, geopolitical events, and market sentiment. However, one often overlooked factor is seasonality—patterns that recur at specific times of the year. One such seasonal phenomenon is the "January Effect," which can have a notable impact on currency trading.
Just2Trade, founded in 2016, is from Cyprus. CYSEC currently regulates it and offers trading services for Forex, Stocks, Futures, CFDs, Bonds, Metals, Options, CFDs, etc. There are four trading platforms and three accounts for traders to choose from. In addition, this brokerage also supports commission and spread 0 starts.
Discover the top 5 cryptocurrency predictions for 2025, including Ethereum's rise, a potential bear market, meme coin struggles, and regulatory shifts.
A manager from Sibu, Malaysia, lost RM240,000 to a fraudulent investment scheme.