Sommario: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 Review Summary | |
Founded | 2017 |
Registered Country/Region | Not mentioned |
Regulation | Unregulated |
Market Instruments | Forex, Commodities, Indices, Shares, Cryptocurrencies |
Demo Account | × |
Spread | From 0.0 pips (claimed) |
Trading Platform | MetaTrader 4 web platform, MetaTrader 4 mobile platform |
Min Deposit | €250 |
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.
Pros | Cons |
Offers a range of financial instruments | Unregulated |
Provide MT4 | High withdrawal fees |
Multiple account types |
24ProfitMarket operates without any regulations.
24ProfitMarket offers trading in MANY financial instruments.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Shares | ✔ |
Cryptocurrencies | ✔ |
ETFs | ❌ |
Bonds | ❌ |
24ProfitMarket provides 3 types of live trading accounts but does not offer demo or Islamic accounts.
Account Name | Minimum Deposit | Bonus | Suitable For |
Bronze | €250 | 20% | Beginners |
Platinum 1 | €750 | 30% | Intermediate traders |
Platinum 2 | €1,000 | 50% | Advanced traders |
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 offers the MetaTrader 4 (MT4) platform.
Trading Platform | Supported | Available Devices | Suitable for |
MetaTrader 4 | ✔ | Web, Android, iOS | Both novice and experienced traders |
Deposit fees
24ProfitMarket charges fees for withdrawals and has a minimum deposit requirement of at least €250.
Deposit Options | Min. Deposit | Fees | Processing Time |
Credit/Debit Cards | €250 | Not specified | Not specified |
Wire Transfer | €250 | Not specified | Not specified |
E-Wallets | €250 | Not specified | Not specified |
Withdrawal fees
The broker imposes high withdrawal fees of $35, and charges additional charges for not meeting certain trading volume requirements.
Fee Type | Amount |
Credit Card Withdrawal | $35 |
Bank Transfer Withdrawal | $50 |
E-wallet Withdrawal | $25 |
Additional Fee for Not Meeting 200x Turnover | 10% of withdrawal amount |
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