24Trading Review – Is 24Trading Scam or Legit?

24Trading Broker Score
Overall
4.3
  • Trading Platform
  • Asset Index
  • Risk Management
  • Account Types
  • Payment Options
  • Trading Education

Summary

Today we are writing a 24Trading review for you and are giving you all the info you need to know before signing up with 24Trading, we want to recommend 24Trading for online trading because it is NOT a scam.

24Trading Review

24Trading logoWith the cryptocurrency market making waves nowadays, there has been an increased interest in online trading. There are a lot of people out there who also want to enjoy the profits the financial markets have to offer. For years, there have been stories circulating about people making money in the forex, stocks and other markets, but it wasn’t that easy to get started. However, things have changed now and people just have to have a good broker to help them in tapping into the opportunities. The only issue is that it can be a bit intimidating to find the right platform.

You will quickly learn that the markets are teeming with brokers and new ones are also being established every other day. So, opting for one is not that simple. There have been talks of fraudulent brokers as well and this can further add to the complications. You will find 24Trading during your search, a platform established by Grey Matter Ltd, which has a location in St. Vincent and the Grenadines. But, you should ask some essential questions before you partner with them. What questions should you ask? Read this 24Trading review to know.

24Trading website

What assets does 24Trading offer?

It certainly wouldn’t be a smart move on your part to opt for a broker without knowing what instruments they are offering to you. There could be a specific instrument you want to trade, or maybe you want to invest in as many as possible. Plus, you would want to invest in those that are profitable and can help you reach your financial goals. Asking what trading instruments 24Trading is offering is a must and the answer will definitely please you. They have put together a rather impressive range of instruments for their clients.

Their goal is to ensure that every trader can find something that suits their risk appetite, so they have put together instruments from the top financial markets in the world. You will be able to trade stocks of companies like Apple, Tesla, Aurora, Alibaba, Netflix and BMW. If you prefer the big picture, indices like FTSE 100, Nasdaq 100 and S&P 500 are also available. You have the option of trading digital currency pairs at 24Trading, such as USD/JPY, GBP/USD, EUR/GBP, NZD/AUD and EUR/USD. Cryptocurrencies like Bitcoin, Ethereum and Litecoin can also be found. You have commodities like gold, silver, sugar, coffee, rice and crude oil to invest in.

How will you trade on 24Trading?

After you know what you are going to trade, you need to figure out exactly how you will trade. Brokers provide a trading platform to their clients for executing their trades and it comes with trading tools and features that help during the process. This software can vary from company to company, so you need to know what kind of platform to expect and if it is a good one. Not all platforms are created equal and usually traders have a poor trading experience with brokers that don’t have a modern and well-equipped trading platform.

The good thing about 24Trading is that they haven’t given their clients cause to complain where their trading platform is concerned. Understanding the importance of its role, they have provided a web trading solution that doesn’t need to be downloaded anywhere. It is accessed via the browser and uses powerful technology for ensuring quick trade execution. You can see your trades reflected in real time and keep an eye on the market. The highly intuitive user-interface makes it easy to navigate for every trader, whether skilled or a beginner.

As for trading tools, you will find that state-of-the-art tools have been integrated by 24Trading in order to assist their clients. They provide financial research, weekly market reviews, trading signals, live charts and graphs, price alerts and the latest market news. The platform’s layout is also customizable, so traders can adjust it as per their preference. It also gives flexibility to traders because it can be accessed on any device, thereby allowing trading on the go.

What security measures are used by 24Trading?

It is also necessary to know about a broker’s security measures because trading online can expose you to numerous cybersecurity risks. You will definitely be impressed with 24Trading’s attention to the security infrastructure, as they have put in a great deal of effort. They have used SSL (Secure Socket Layer) encryption and firewalls for protecting the website as well as the data shared by their clients. They protect all trading accounts from DDoS attacks and have used two-factor authentication (2FA) to prevent any unauthorized access.

You will also discover that 24Trading is compliant with AML (Anti-Money Laundering) and KYC (Know-Your-Customer) policies, which require traders to verify their account. Proof of identity and address are needed to ensure all accounts are authentic and this minimizes the risk of identity theft, financial fraud and money laundering. Segregation of funds is also practiced, which can keep all deposits safe and prevent misappropriation. 3D payment security is also provided and no financial data is stored.

24Trading security

What type of customer support does 24Trading offer?

Since its customers are a priority for the broker, 24/7 customer support is provided by 24Trading via different channels. First off, they have created an entire FAQ section, where they have provided answers to any potential questions clients may have during trading. In case they have a different problem, their representatives are available through phone, email and live chat.

Details about all these options can be found on their website under the Contact Us option. It is also possible to schedule a callback as per your convenience by completing the form provided on the same page. Their team is responsive and helpful, and they will resolve your problem right away. Along with this, plenty of educational resources have also been added by 24Trading to provide guidance and knowledge to every trader.

Ending Thoughts

The answers to these essential questions indicate that 24Trading has paid attention to all the elements that can contribute to a seamless trading experience for every trader.

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