In this section we will analyze the broker SP Market24 (also called spmarket24.com), is a Forex and CFD broker. Is SP Market24 really recommended to make 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: opinions about SP Market24 ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is SP Market24 ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review on this investment company.
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.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: SP Market24 Ltd.
✅ Regarding its 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, which makes us think that it is an unregulated broker.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌
If now we go on to analyze account types offered by SP Market24, we note that it offers 4 different types of account / plans: Mini Account, Bronze Account, Silver Account and Gold Account. We will leave you an image with a little information about each type of account.
Mini Account: minimum initial deposit of $ 250, floating spreads, leverage up to 1:50, allowed hedging, expert advice, 24-hour support, minimum trade volume 0.01 lots, protection against negative balance, first 5 risk-free trades.
Bronze Account: minimum initial deposit of $ 5.001, floating spreads, leverage up to 1:50, allowed hedging, expert advice, 24-hour support, minimum trade volume 0.01 lots, personal training, SMS alerts, negative balance protection, first 5 risk-free trades.
Silver Account: minimum initial deposit of $ 10.001, floating spreads, leverage up to 1:50, hedging allowed, expert advice, 24-hour support, minimum trade volume 0.01 lots, personal training, SMS alerts, VIP customer support, negative balance protection, first 5 trades free of risks.
Gold Account: minimum initial deposit of $ 15.001, floating spreads, leverage up to 1:50, hedging allowed, expert advice, 24-hour support, minimum trade volume 0.01 lots, personal training, SMS alerts, VIP customer support, negative balance protection, first 5 risk-free trades .
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that SP Market24 offers are: platforms Sirix and MT4.
We will now analyze the different resources and aids for traders that SP Market24 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.
SP Market24 provides the following aids or resources to traders or interested parties: explanation of basic concepts, information about the company, frequently asked questions section, really not much more than this.
| Other information about SP Market24 |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number+41 626 746 727
Email: [email protected]
You might be wondering why we did a review on SP Market24. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
>>> Assessment on SP Market24 <<
Ending with this section, in our opinion Do we believe that the company SP Market24 is trustworthy? Should you invest your money with the company?
The truth is that, we recommend to exercise caution, because: it is an unregulated broker and its headquarters is in a very dangerous country to invest (Marshall Islands), when looking for reviews about SP Market24 We found several negative reviews warning about this broker. We suggest using caution.
⛔ Attention ⛔ : in February 2021 CNMV added SP Market24 to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the CNMV February 2021 warning
⛔ Attention ⛔ : in April 2021 FCA added SP Market24 to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ FCA April 2021 warning
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?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. 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, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.