Forex 24ForexMarket Trading Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.3

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.5

Business 0.8

Risk Control 1.1

Software 1.8

Regulatory 1.3

Terminal Snapshot

24ForexMarket Trading Conditions

Registered Region Dominic

Operating Period 1-2 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@24forexmarket.net

Contact Number +815068874450

Website 24forexmarket.com

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including Forex, CFDs, commodities, indices, stocks, and cryptocurrencies
User-friendly trading platforms such as MT4 and MT5
24/5 customer support with multiple contact channels
Demo account option for practice trading
Customizable account types catering to various trader needs

Cons

Not regulated by any recognized financial authority
Limited trading instruments available
Potential withdrawal and inactivity fees
Lack of advanced educational resources
Higher risk associated with unregulated trading environment

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	24ForexMarket	EagleFX	ScoreCM	AvaTrade
Operating Period	1-2 years	See review	See review	See review
Region	Dominic	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.3/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does 24ForexMarket Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginner traders	User-friendly interface, basic trading tools	Suitable for small-capital practice
Professional Account	Experienced traders	Advanced trading features, higher leverage	Requires trading volume qualifications
Corporate Account	Corporate clients	Customized services for businesses	Requires corporate documentation
Islamic Account	Traders needing swap-free options	No overnight interest fees	Eligibility based on Islamic finance principles
Demo Account	All traders	Practice trading without real money	Ideal for testing strategies and platforms

Account Opening Process

To open an account with 24ForexMarket, traders must follow a straightforward process that includes submitting personal, employment, and financial information. Identity verification is required, which involves providing a valid ID and proof of address. The broker allows for flexibility in account types, enabling clients to upgrade to a professional account later if their trading needs change.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Tight spreads for major currency pairs
CFDs (Stocks, Indices)	Varies	$0	Competitive rates across various indices and stocks
Commodities (Gold, Oil)	Varies	$0	Varies based on market conditions
Cryptocurrencies (BTC, ETH)	Varies	$0	Spreads can fluctuate depending on market volatility

Other Fees

Traders should be aware of several additional fees when using 24ForexMarket. These may include deposit and withdrawal fees, inactivity fees, and potential overnight interest (swap rates) on certain positions. Currency conversion fees may also apply depending on the account currency and transaction type.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

24ForexMarket User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

H. Diaz

Tokyo

★ ★ ★ ★ ★

I struggled with the withdrawal process at 24ForexMarket. It took longer than expected, and I had trouble reaching customer support for help. This has made my trading experience quite frustrating.

Colflo

Osaka

★ ★ ★ ★ ★

I am thoroughly impressed with 24ForexMarket. The platform is user-friendly, and the trade execution is incredibly fast. Additionally, their market analysis tools are top-notch, which helps me make informed trading decisions.

P. Carter

Nagoya

★ ★ ★ ★ ★

My experience with 24ForexMarket has been disappointing. I faced issues with customer service not responding to my inquiries promptly, and I am concerned about the lack of regulation.

Jakkar

Kyoto

★ ★ ★ ★ ★

I have been using 24ForexMarket for several months, and it has become my go-to trading platform. The charting tools are powerful, and I appreciate the speed of trade execution. However, I wish they had more educational resources available.

Dominic Market