Score

1.43 /10
Danger

24trading

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.42

Risk Management Index0.00

Software Index4.00

License Index0.00

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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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Regulatory disclosure

Broker Information

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Company Name

24trading

Company Abbreviation

24trading

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

24trading · Company summary

Unavailable Official Website

Since 24tradings official website is temporarily down, we could only piece together this brokerage through gathering some relevant information from other websites.

General Information

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.

24trading says it is owned and operated by Grey Matter Enterprise Ltd, a company located offshore in Saint Vincent and the Grenadines. Please note this brokerage is not subject to any regulation, please be aware of the risk.

Account Types

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 a most basic account, the Explorer account, requiring as high as $3,000. Another four trading accounts ask even much more capital.

While other account features or account services are not shared.

Leverage

24trading does not disclose the maximum trading leverage it offers. In most cases, offshore forex brokers love to provides high leverage, 1:500, 1:1000 to attract investors.

Spreads & Commissions

24trading does not provide any information on its spreads and commissions.

Trading Platform

24trading offers its clients a simple web-based platform, with charts taken directly taken from Trading View-an independent live market data. You can catch a glance of the following screenshot:

Trading

Customer Support

Traders with any inquiries or trading-related issues can get in touch with 24trading through the following channels:

Telephone: 14388068855

Email: support@24trading.co

User Reviews

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User comment

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Comments

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小Q
more than one year
24trading requires an incredibly high minimum initial deposit amount of 3000 USD, which is actually not friendly to newbies. However, now it seems that my worries are useless, because this company is already down! I guess there was little people willing to deposit a high amount of money in an unreliable company.
24trading requires an incredibly high minimum initial deposit amount of 3000 USD, which is actually not friendly to newbies. However, now it seems that my worries are useless, because this company is already down! I guess there was little people willing to deposit a high amount of money in an unreliable company.
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2023-03-20 09:57
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宗介.
more than one year
Who gives this 24 trading the courage to ask for such a high minimum deposit? I was asked to deposit $10,000 to get started? Excuse me? 24tardding, you think I would spend so much money to play with you? Tell you, I am not an *****.
Who gives this 24 trading the courage to ask for such a high minimum deposit? I was asked to deposit $10,000 to get started? Excuse me? 24tardding, you think I would spend so much money to play with you? Tell you, I am not an *****.
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2023-03-17 18:18
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