Score
24 markets.com
https://24markets.com/
Website
Rating Index
MT4/5 Verification
MT4/5
Full License
P24CapitalMarkets-24Trade
Influence
C
Influence Index NO.1
MT4/5 Verification
MT4/5 Verification
Full License
Influence
Influence
C
Influence Index NO.1
Contact
- The South Africa FSCA license (License No. 50640) claimed by the broker has not been verified. Please be aware of the risks!
Account Info 

This section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.

This section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.
- Trading Env.--
- Currency--
- Maximum Leverage--
- SupportedEA
- Minimum Deposit$50.000
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Trade Size--
- Commission--
- Trading Instruments--
Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.
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Verified Site 


This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.

This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.
24markets.com
104.21.91.134Server LocationUnited States
ICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Company Profile
Company Profile
Review summary
| 24markets Review Summary | |
| Founded | 2014 |
| Registered Country/Region | South Africa |
| Regulation | Suspicious clone |
| Market Instruments | Forex, Commodities, Crypto, Indices, Stocks, CFDs |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 1.5 pips (EUR/USD, Discovery account) |
| Trading Platform | WebTrader, MetaTrader 5 (MT5), Mobile App |
| Min Deposit | $100 |
| Customer Support | Email:support@24markets.com |
| Phone:+27 101 577 500 (Available 24/5) | |
| Live chat | |
24markets Information
24markets is a South Africa-based broker launched in 2014, offering CFDs on Forex, indices, commodities, stocks, and crypto. While it features a range of platforms including MT5 and web-based trading, it falsely claims FSCA regulation under another companys license.

Pros and Cons
| Pros | Cons |
| Offers MT5 and a web platform | Cloned license |
| Multiple account types with tiered benefits | Demo and Islamic accounts not available |
| Supports Forex, stocks, crypto & more | Limited information of swap and inactivity fees |
Is 24markets Legit?
The broker claims to be regulated by FSCA using license No. 50640, which actually belongs to DEDA CAPITAL MARKETS (PTY) LTD. However, the brokers name and domain do not match the licensed entity, clearly indicating a fake or cloned license intended to mislead users.
| Regulatory Status | Suspicious clone |
| Regulated by | South Africa – Financial Sector Conduct Authority (FSCA) |
| Licensed Institution | DEDA CAPITAL MARKETS (PTY) LTD |
| Licensed Type | Financial Service Corporate |
| Licensed Number | 50640 |

What Can I Trade on 24markets?
24Markets offers a wide selection of CFD trading instruments, including dozens of Forex pairs, over 10 global indices, major commodities, and popular cryptocurrencies. While stocks are supported, ETFs are not mentioned.
| Tradable Instruments | Supported |
| Forex | ✅ |
| Commodities | ✅ |
| Crypto | ✅ |
| CFD | ✅ |
| Indexes | ✅ |
| Stock | ✅ |
| ETF | ❌ |

Account Types
24Markets offers three live account types: Discovery, Prime, and Master. Each suits different trading levels—from beginners to professionals—with increasing benefits like tighter spreads, higher leverage (up to 1:500), and VIP services.
| Account Type | Min Deposit | Key Features | Best For |
| Discovery | $100 | 1.5 pip spreads, up to 100:1 leverage, no priority support, some education tools | Beginners |
| Prime | $5,000 | 0.8 pip spreads, up to 300:1 leverage, 3 swap-free days, 3x weekly rep meetings | Intermediate traders |
| Master | $20,000 | 0.3 pip spreads, up to 500:1 leverage, 7 swap-free days, full VIP features | Advanced/professional traders |

Leverage
24Markets offers dynamic leverage of up to 1:500, depending on the account type. While high leverage can increase profits with little capital, it also increases the danger of significant losses without appropriate risk management.
24markets Fees
Compared to industry standards, 24Markets trading fees are moderate to slightly high, especially for entry-level accounts. While spreads decrease with higher-tier accounts, the absence of transparent commission and swap rate details limits cost comparison for advanced traders.
| Account Type | EUR/USD Spread (From) | Commission |
| Discovery | 1.5 pips | $0 |
| Prime | 0.8 pips | $0 |
| Master | 0.3 pips | $0 |
Spreads: Start from 1.5 pips on the Discovery account and go as low as 0.3 pips on the Master account.
Commissions: No commissions are stated across all account types.
Swap Rates: Swap-free trading is available for up to 7 days on higher-tier accounts. Exact overnight swap fees are not publicly disclosed.
Non-Trading Fees
| Non-trading Fees | |
| Deposit Fee | Varies by payment method and bank; some may incur third-party processing fees |
| Withdrawal Fee | May apply depending on withdrawal method or expedited request |
| Inactivity Fee | Not mentioned |

Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| WebTrader | ✔ | Web browser (desktop/mobile) | Traders looking for intuitive, real-time web-based trading |
| MetaTrader 5 (MT5) | ✔ | Windows, macOS, Android, iOS | Advanced traders needing analytical tools and multi-asset access |
| Mobile Trading App | ✔ | iOS, Android | Traders who prefer on-the-go access and mobile convenience |
| MetaTrader 4 (MT4) | ❌ | – | Not supported |

Deposit and Withdrawal
24markets does not charge fixed deposit or withdrawal fees itself, but third-party processors or banks may apply charges depending on the method and location. The minimum deposit required to open an account is $100.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Wire Transfer | $100 | May vary by provider | Few minutes to a few hours |
| Credit/Debit Cards | $100 | May vary by provider | Few minutes to a few hours |
| E-wallets | $100 | May vary by provider | Few minutes to a few hours |
| Online Payment Methods | $100 | May vary by provider | Few minutes to a few hours |

Company Profile
- 2-5 years
- Regulated in South Africa
- Derivatives Trading License (EP)
- MT5 Full License
- Regional Brokers
- Medium Risk
News

Exposure 24 markets.com Review 2026: Is This Forex Broker Safe?
24 markets.com is a forex broker with a WikiFX Score of 5.38. The broker shows an FSCA-regulated record in South Africa, but also has an unverified FSCA entry and a 2024 CNMV warning from Spain, making its safety profile mixed and requiring caution.

Exposure 24Markets Review 2026: Rating, License Issues, CNMV Warning, and User Complaints
24Markets review 2026: WikiFX score 5.38/10, FSCA license concerns, Mauritius FSC record that does not cover forex, CNMV warning, and negative user complaints.

Exposure 24markets Regulation: Is 24markets FSC Regulated?
Check 24markets regulation, FSC Mauritius license, and trader feedback. Review the broker details now before you trade.

Exposure 24markets Exposed: Cloned License, $45,500 User Losses, and Withdrawal Scams Signal Stark Warning
Is 24markets a scam? Uncover the truth about 24markets’ cloned regulation, $45,500 user losses, and withdrawal scams. Protect your funds – Read the full WikiFX investigation now!

Exposure 24Markets Broker Review 2025 – 24Markets.com Is Legit or Scam?
According the 24markets’ website The provision of services on 24markets.com is facilitated by Prime Capital Markets (PCM) LTD, an esteemed entity authorized and regulated by the Financial Services Commission (FSC) of Mauritius. The company is duly incorporated in Mauritius with Registrar No.: 205994 and maintains its registered office at: 8th Floor, Suite 803, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius.
Wiki Q&A
Is 24 markets.com safe and reliable?
24 markets.com holds a Securities Trading License from the Financial Services Commission (FSC) of Mauritius (license no. GB23202449, status Active) and a Derivatives Trading License from the Financial Sector Conduct Authority (FSCA) of South Africa (license no. 51524, currently listed as unverified). The broker has a WikiFX core score of 3.71/10. Traders are encouraged to conduct their own due diligence before trading.
Is 24 markets.com regulated?
Yes, 24 markets.com is regulated by the Financial Services Commission (FSC) of Mauritius under license number GB23202449 (Securities Trading License, Active) and holds a Derivatives Trading License from the Financial Sector Conduct Authority (FSCA) of South Africa (license number 51524), though the FSCA license is marked as unverified.
What is the minimum deposit of 24 markets.com?
The minimum deposit for 24 markets.com is $5,000 for the Silver account. The Gold account requires $25,000 and the Platinum account requires $50,000.
Does 24 markets.com support MT4 or MT5?
24 markets.com supports MT5 (MetaTrader 5) and does not support MT4.
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