24 markets.com

24 markets.com holds a regulatory license from the Mauritius Financial Services Commission (FSC) as a Securities Trading License (Active) and a Derivatives Trading License from the South Africa Financial Sector Conduct Authority (FSCA), though the South Africa license is currently listed as 'Unverified' on our platform. The broker has a core score of 3.71 out of 10. User reviews are mixed, with some positive feedback and some complaints. As with any broker, traders should conduct their own due diligence before committing funds.

Yes, 24 markets.com is regulated. It holds an active Securities Trading License from the Mauritius Financial Services Commission (FSC, license number GB23202449) and a Derivatives Trading License from the South Africa Financial Sector Conduct Authority (FSCA, license number 51524). However, please note that the South Africa license is currently listed as 'Unverified' on our platform.

The minimum deposit for 24 markets.com is $5,000 for the Silver account. The Gold account requires a minimum deposit of $25,000, and the Platinum account requires $50,000.

24 markets.com supports the MetaTrader 5 (MT5) platform. It does not currently support MetaTrader 4 (MT4).

Pros: Regulated by the Mauritius FSC and South Africa FSCA; offers three account types (Silver, Gold, Platinum) with varying minimum deposits; supports MT5; allows scalping, hedging, and EA trading; some positive user reviews highlight good customer service and platform experience. Cons: The South Africa FSCA license is listed as 'Unverified'; high minimum deposit starting at $5,000; user complaints include allegations of pressure to deposit additional funds and account restrictions; no public information on leverage or spreads; limited regional availability.

Yes, there are user complaints against 24 markets.com. Some users have reported experiencing pressure to increase deposits, difficulties with account management, and restrictions on withdrawals. However, there are also positive reviews from other users. As with any broker, it is advisable to review all available feedback and exercise caution.

The availability of 24 markets.com in the US region is not currently publicly specified. The broker is registered in Mauritius and primarily operates as a regional broker. US residents should verify with the broker directly whether services are offered in their jurisdiction.

The suitability of 24 markets.com for beginners is not explicitly stated. The high minimum deposit of $5,000 may be a barrier for many new traders. Additionally, the broker offers multiple account types with varying conditions, but no specific educational resources or demo account information is provided. Beginners are advised to consider brokers with lower entry barriers and clear educational support.

24 markets.com offers three account types: Silver, Gold, and Platinum. The main difference is the minimum deposit (entry condition): Silver requires $5,000, Gold requires $25,000, and Platinum requires $50,000. All account types allow scalping, hedging, and EA trading. No specific spreads, leverage, or commission details are publicly provided for these accounts.

The leverage offered by 24 markets.com is not currently publicly specified. Therefore, the associated risk cannot be accurately assessed. Trading with leverage carries inherent risk, and traders should ensure they fully understand the implications before trading. It is recommended to contact the broker directly for leverage details.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

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.

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.