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24htrading

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24htrading holds any licenses?
sebastiani
Singapore
2023-06-05
ANSWER 24htrading is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.24htrading's website is inaccessible as the page shows "404 ERROR'. It is a negative indicator, suggesting potential issues with this broker's reliability and resources because a well-functioning website is vital for a broker in facilitating trading and displaying critical information including company details and licensing data. Furthermore, according to our data, 24htrading claimed to be in England, where brokers are required to be authorized and regulated by the Financial Conduct Authority (FCA) before soliciting investors. However, no corresponding records can be found in the FCA registry.Regarding your question, 24htrading is an unlicensed broker. It carries significant risks including financial losses and identity theft as there are no rules in place to prevent fraud or theft. Therefore, we strongly suggest investors stay away from unlicensed brokers like 24htrading and opt for fully regulated ones instead.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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