broker review
24markets.com Review – Trading worldwide assets with a regulated broker
About the broker
24markets.com is an online CFD broker promising transparency in regulation and a consistent professional approach. This brand name is owned by an FSCA-regulated investment firm and as a result, traders can trust working with it when trading any of the major markets out there. Additionally, 24markets.com offers accessibility using trusted software, as well as multiple account types, to meet demands raised by the global public. Things look pretty good so far, which is why we want to move forward and analyze some other major benefits provided by this company.
Markets available with 24markets.com
The list of instruments includes 60+ FX pairs, 2,000+ shares, world’s popular indices, commodities, and 20+ cryptos. All of these are CFDs, so customers enjoy complete flexibility to either buy or sell the assets, based on their own assessment.
Maximum leverage can reach up to 1:300, but you must consider first an account type and what assets you want to trade. Spreads are also flexible with 24markets.com, offering traders the ability to step in whenever the opportunity calls.
With regular trading accounts, the broker charges commissions when you want to trade shares. On top of that, commissions are part of the cost structure if traders choose one of the two ECN trading accounts.
Trading platforms
The 24markets.com WebTrader is a convenient solution for CFD trading, simply because it has free analysis tools and features. According to the broker, this is the ultimate platform designed for fast execution in a challenging environment.
It has all that it takes to build a portfolio of instruments across 7 different asset classes. Because it’s web-based, customers don’t need to install anything to enjoy its benefits. You can access your account from anywhere, as long as you have a stable internet connection.
Your second platform of choice with 24markets.com is MetaTrader 5. Viewed by many as one of the most powerful solutions in the industry for CFD trading, it still is suitable for beginners and advanced traders. In this case, MT5 offers access to 350+ assets, including FX, stocks, commodities and indices.
Trading terms
Speaking of account types, 24markets.com divided the offer into two parts. The Classic Accounts include the following options:
- Discovery
- Gold
- Platinum
- Exclusive VIP
These are regular account types in which you only pay the spread when trading the markets. Shares trading is the only exception, since 24markets.com charges commissions on this asset class. Other than that, traders can access a broad range of benefits, like daily market analysis, support from an account manager, Trading Central, premium support, etc.
The second tier of accounts includes Classic ECN and PRO ECN. Spreads are tighter and traders will have to pay commissions on every trade.
Summary
24markets.com is a regulated and transparent broker that deserves the credit. It has been operating for several years and during this period, managed to establish itself as a trusted provider of financial services. There are traders from all around the world working with 24markets.com, which suggests trading conditions are competitive.
24markets.com Overview
Product Name: 24markets.com
Product Description: 24markets.com is an online CFD broker promising transparency in regulation and a consistent professional approach. This brand name is owned by an FSCA-regulated investment firm and as a result, traders can trust working with it when trading any of the major markets out there.
Brand: 24markets.com
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Trading Platform
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Assets
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Accounts
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Customer Satisfaction
Summary
24markets.com is a regulated and transparent broker that deserves the credit. It has been operating for several years and during this period, managed to establish itself as a trusted provider of financial services. There are traders from all around the world working with 24markets.com, which suggests trading conditions are competitive.
