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Global Broker Regulation & Inquiry App

Score

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/10

24 Trade

Saint Lucia|2-5 years|
High potential risk|

https://24trade.capital

Website

Rating Index

Contact

+74993411244
info@24trade.capital
https://24trade.capital

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

Open Now

Contact number

English

+74993411244

Russian

+44 122 445 9822

Other ways of contact

Broker Information

More

Company Name

24 Trade LTD

Abbreviation

24 Trade

Platform registered country and region

Saint Lucia

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • 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

24 Trade · WikiFX Survey

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24 Trade · Company Summary

Note: For some unknown reason, we cannot open 24 Trades official site (https://24trade.capital) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

General Information & Regulation

24 Trade, a trading name of 24 Trade LTD, is allegedly a financial company registered in Saint Lucia that claims to provide its clients with five types of live trading accounts.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.

As for regulation, it has been verified that 24 Trade does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.27/10. Please be aware of the risk.

General Information & Regulation

Negative Reviews

A trader shared his terrible trading experience on the 24 Trade platform at WikiFX. He said he was scammed by this platform and was unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

Negative Reviews

Account Types

24 Trade claims to offer five types of trading accounts - with minimum initial deposit requirements of $250, $2,500, $5,000, $10.000 and $25,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Customer Support

24 Trade‘s customer support can be reached by telephone: +74993411244, +44 122 445 9822, email: info@24trade.capital. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Review 1

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