In this section we will analyze the broker 24xForex (also called by the name: 24xforex.com), is a Forex and CFD broker. Is 24xForex really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find the following: opinions about 24xForex ✅, claims, complaints eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it 24x Forex ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
Essential information: Who does it belong to? Where are you? Is it regulated?
✅ 24xForex mentions being part of: PACO World System LTD.
❌ Regarding your location, the broker mentions being based in: Marshall Islands.
❌ If we analyze the regulation of the broker: they do not mention anything about being a regulated broker or its regulation. ⛔ Medical Attention: 24xForex is an unregulated broker. ⛔
📌 RememberRegulated brokers are the best (and safest) option, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
If now we go on to analyze account types offered by 24xForex, we note that it offers 3 different types of accounts: Silver Account, Gold Account and Platinum Account. We will leave you an image with a little information about each type of account.
Silver Account: Leverage up to 1: 200 (Forex), 1:50 (indices and commodities) and 1:20 (Stocks).
Gold Account: leverage up to 1: 300 (Forex), 1:100 (indices and commodities) and 1:40 (Stocks).
Platinum Account: leverage up to 1: 400 (Forex), 1:125 (indices and commodities) and 1:50 (Stocks).
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that 24xForex offers is: MT4 platform.
Resources | Website
We will now analyze the different resources and aids for the trader that 24xForex provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
24xForex provides the following aids or resources to traders or interested parties: live charts, a little information about the products you offer, FAQ section, really not much more than this.
🌐 Other information about 24xForex 🌐
???? Some more information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: 24xforex.com
📞 Telephone number: +442030977091
📧 Email: [email protected]
You might be wondering why we review 24xForex. We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question. We like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not to invest with an investment company.
Are you a representative of this company? We recommend you leave a comment responding to customer concerns.
➡️ Rating on 24xForex ⬅️
Ending with this section, in our opinion Do we believe that the company 24xForex is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2022 analysis ⭐
❌ After analyzing this company, what we recommend is to exercise caution, since it is a company registered in a very dangerous site for these activities due to the lack of regulations, in addition, when looking for more information about 24xForex we found a large number of negative reviews. ❌
Bottom line: it doesn't seem like a good idea, we suggest using caution.
⛔ Attention ⛔ : in June 2021 BaFin (Germany) added 24xForex to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to BaFin's June 2021 warning ⚠️
⛔ Attention ⛔ : in October 2021 CNMV added 24 Forex to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
⛔ Attention ⛔ : in October 2021 FCA added 24 Forex to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
Our advice: We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: One of the few measures that assure clients' money is the regulation of the broker, that is, it is probably the most important characteristic of any broker; HAVE GOOD REGULATION. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, also leave a comment on our website with your experience with this broker.
🔻🔻 We leave a vote open so that traders, clients and broker users can vote. 🔻🔻