In this section we will analyze the broker Fx-Quote24 (also called by the name: fxquote247.com), is a Forex, Futures and CFDs broker. Is Fx-Quote24 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 Fx-Quote24 ✅, claims, complaints eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2021), and most importantly: Is it Fx-Quote24 ⚠️ 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?
❌ Fx-Quote24 mentions being part of: FxQuote247. (non-existent)
❌ Regarding your location, the broker It mentions being based in the United Kingdom, but it is not regulated in that country, so we believe that it is a false information.
❌ If we analyze the regulation of the broker, we see that they mention the regulation of FSCA, but this is not true since it does not appear in the list of records of said body. ⛔ Medical Attention: Fx-Quote24 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 Fx-Quote24, we noticed that it offers 3 different types of accounts: Essential Account, Original Account and Signature Account. We will leave you an image with a little information about each type of account.
Essential Account: minimum initial deposit of $ 1.000, dual platform access (WebTrader / MT5), demo account, daily market reviews and financial research, daily recommendations from third party analysts, dedicated account representative 2 days / week.
Original Account: minimum initial deposit of $ 5.000, dual platform access (WebTrader / MT5), demo account, daily market reviews and financial research, daily recommendations from third party analysts, 2 days / week dedicated account representative, open access to research, special trading conditions.
Signature Account: minimum initial deposit of $ 25.000, dual platform access (WebTrader / MT5), demo account, daily market reviews and financial research, daily recommendations from third party analysts, 2 days / week dedicated account representative, open access to research, special trading conditions, Trading Central - SMS notification, individual meetings with the account representative.
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 Fx-Quote24 offers is: WebTrader platform y MT5.
Resources | Website
We will now analyze the different resources and aids for the trader that Fx-Quote24 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.
Fx-Quote24 provides the following aids or resources to traders or interested parties: live charts, market analysis, information about the products you offer, glossary, really not much more than this.
🌐 Other information about Fx-Quote24 🌐
???? Some more information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: fxquote247.com
📞 Telephone number: 442081570235
📧 Email: [email protected]
You might be wondering why we did a review on Fx-Quote24. 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 Fx-Quote24 ⬅️
Ending with this section, in our opinion Do we believe that the company Fx-Quote24 is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2021 analysis ⭐
❌ After analyzing this company, what we recommend is to exercise caution, since it is a shell company - “offshore” . not very transparent, it offers little legal information, it is not registered (or it is registered in a tax haven) and also, contrary to what they try to make you believe, it lacks regulation (unregulated company). ❌
Bottom line: it doesn't seem like a good idea, we suggest using caution.
⛔ Attention ⛔ : in October 2021 CNMV added Fx-Quote24 to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
⛔ Attention ⛔ : in October 2021 FCA added Fx-Quote24 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. 🔻🔻