Score
M24 Markets
United Kingdom|2-5 years| https://m24markets.com
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Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 151 528 9296
Other ways of contact
Broker Information
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M24 Markets
M24 Markets
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:500 |
| Minimum Deposit | $5000 |
| Minimum Spread | from 2.0 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | $500 |
| Minimum Spread | from 3.0 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | $100 |
| Minimum Spread | from 5.0 |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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M24 Markets · Company Summary
General Information
Registered in the United Kingdom, M24 Markets is an online forex broker providing access to financial markets, such as Forex, Indices, Metals, Energies and Cryptos. M24 Markets gives its clients three types of trading accounts, and the minimum deposit to trade with this broker starts at $100.
M24 Markets is not subject to any regulation currently. Please be aware of the risk involved.
Market Instruments
With the M24 Markets platform, five classes of financial instruments, including Currency Pairs, Metals, Energies, Indices and Cryptocurrencies are all available through this brokerage platform.
Account Types
M24 Markets provides three types of trading accounts to accommodate varying needs of traders, namely Beginner, Standard, Pro, Advance and ECN. To open a most basic account, the Beginner, investors need to fund at least $100, and the Pro and Advance accounts ask for an initial deposit of $500, $5,000, respectively.
Account base currencies are available in USD, EUR, GBP, AUD, BTC, PLN, CZK, JPY.
Besides, 24/5 account manager and dealing department transaction hotline are available.
How to open an account with M24 Markets？
Opening an account with M24 Markets is an easy and simple process:
1. Click the “OPEN LIVE ACCOUNT” link, and fill up some required details on the popping-up page.
2. Upload your personal data for this company to verify your details.
3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.
Leverage
M24 Markets allows its clients to use leverage of up to 1:500, much higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.
Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.
Spreads & Commissions
M24 Markets charges no additional commission, accompanied by wide spreads, with spreads on the Beginner account from 5 pips, spreads on the Pro account from 3.0 pips, and spreads from the Advance account from 2.0 pips.
Trading Platform
M24 Markets provides access to the industry-leading MT4 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT4 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.
More importantly, EAs (Expert Advisor) are supported for traders to automate trading during all trading session.
Customer Support
If clients have any inquiries or trading-related problems, they can choose to reach M24 Markets through multiple contact channels:
Telephone: +44 151 528 9296
Email: support@m24markets.com
Whatsapp: support@m24markets.com
Registered Address: 24 King William Street, Londan, England EC4R9AT
Or you can keep up with this broker on some popular social media platforms such as Facbook, Twitter, Instagram and Linkedin.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
News
NewsA Warning Issued By UK FCA To Unregulated Forex Broker M24 Markets
M24 Markets does not provide all of the information that it is required to provide to investors, such as legal papers, rules, and other corporate facts. It does not even include the firm name, making the broker anonymous. This is a red flag.
WikiFXExposureWikiFX Scam Alert: Beware of M24 Markets!!!!
The British regulator FCA issued a warning against M24 Markets on August 30th!!!
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