Score
24trading
United Kingdom|2-5 years| https://www.24trading.co/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
United KingdomAccount Information
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Website
24trading.co
Server Location
United States
Website Domain Name
24trading.co
Server IP
104.21.55.83
Company Summary
Note: 24trading's official website - https://www.24trading.co/ is currently inaccessible normally.
| 24trading Review Summary | |
| Founded | 2022 |
| Registered Country/Region | UK |
| Regulation | No regulation |
| Market Instruments | / |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | WebTrader |
| Min Deposit | $3,000 |
| Customer Support | Tel: 14388068855 |
| Email: support@24trading.co | |
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.
Pros and Cons
| Pros | Cons |
| None | Inaccessible website |
| No regulation | |
| No MT4 or MT5 | |
| High minimum deposit | |
| Lack of transparency |
Is 24trading Legit?
No, 24trading is not regulated by the financial services regulatory authority in the UK, which means that the company lacks regulation from its registration site. Besides, its domain status shows that client transferring is prohibited. Apart from that, this company was blacklisted by Polish Financial Supervision Authority (KNF) and Autorité des Marchés Financiers (AMF). Please be aware of the risks!
Account Type
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 the most basic account, the Explorer account, requiring as high as $3,000. Another four trading accounts ask for even much more capital.
While other account features or account services are not shared.
Trading Platform
24trading uses a web-based platform, and it does not support MT4 or MT5.
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | PC, web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Disclosure
Notification of suspected criminal offence punishable under Article 178 of the Act on trading in financial instruments (engaging in activities in the field of trading in financial instruments without the required authorisation or power of attorney) Fx Point, through which entities using the name Grey Matter Enterprise Ltd provided services – (Grey Matter Enterprise Ltd), operating through the website www.fxpoint.co 24Trading, through which entities using the name Grey Matter Enterprise Ltd, provided services – (Grey Matter Enterprise Ltd), operating through the website www.24trading.co
Country/Region
Disclosure time
2023-03-24
Disclose broker
Blacklists of unauthorized companies and websites: Forex
Country/Region
Disclosure time
2021-05-17
Disclose broker
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