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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

24 Trade

Saint Lucia Saint Lucia | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://24trade.capital

Website

Rating Index

Contact

+74993411244
https://24trade.capital

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Saint Lucia
Operating Period
5-10 years
Company Name
24 Trade LTD
Email
info@24trade.capital
Contact Number
+74993411244
Account Info
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • 24trade.capital
    45.94.156.7
    Server Location
    Ukraine Ukraine
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review 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.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is it risky to trade with 24 Trade?

Yes, 24 Trade LTD presents a high-risk profile for traders. The broker, operating for 5-10 years from Saint Lucia, lacks valid licensing from any major global financial authority. Its operational structure is commonly associated with offshore services and its WikiFX Score of 1.50 out of 10 reflects significant concerns. Without regulatory oversight, standard protections like segregated client funds and compensation schemes are absent, which constitutes a critical vulnerability.

04-02
United States

Which regulator oversees 24 Trade?

24 Trade LTD is not overseen by any recognized financial regulator. The broker holds no licenses from entities such as the UK's FCA, Australia's ASIC, or Cyprus's CySEC. It operates entirely without credible, mainstream regulatory supervision.

04-02
United States

Where is 24 Trade registered?

The entity 24 Trade LTD is registered in Saint Lucia. The broker offers several account tiers, with entry requirements ranging from a $250 minimum deposit for a Basic account to $25,000 for its Platinum tier. All account types support features like scalping and the use of Expert Advisors (EAs).

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

Bagaimana cara mengidentifikasi broker dengan profil risiko tinggi?

Broker dapat dinilai memiliki profil risiko tinggi dengan mempertimbangkan status regulasi, keluhan pengguna, keamanan dana, serta konsistensi informasi publik yang tersedia. Broker tanpa regulasi valid, yang sering mengalami masalah penarikan dana, atau memiliki banyak keluhan pengguna biasanya menunjukkan tingkat risiko yang lebih tinggi. Informasi tersebut dapat diperiksa melalui WikiFX untuk membantu evaluasi secara lebih komprehensif.

Three days ago

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

¿Cómo comparar diferentes brókers de forma eficaz?

Para comparar diferentes brókers, los inversores pueden evaluar factores como la situación regulatoria, la puntuación integral, el entorno de trading, las condiciones de cuenta y los comentarios de usuarios. Se recomienda priorizar la verificación del estado regulatorio y las licencias, seguida del análisis de la puntuación WikiFX y sus distintos índices. La herramienta de comparación multidimensional de WikiFX permite realizar evaluaciones más estructuradas y eficientes.

Three days ago

¿Es posible recuperar fondos tras un fraude de inversión?

La recuperación de fondos tras un fraude de inversión puede resultar difícil, pero tomar medidas oportunas puede ayudar a recuperar parte de las pérdidas. Se recomienda conservar registros de transacciones y comunicaciones relevantes, contactar con el banco para intentar detener o congelar los pagos y presentar una denuncia ante las autoridades competentes. Además, los inversores pueden utilizar los canales de reclamación pública de WikiFX para aumentar la visibilidad del problema.

Three days ago
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
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