About 24 Faster
Overview
24 Faster is a broker registered in the United Kingdom, with an official domain of 24faster.com. The entity was founded on 2 June 2021, making it a relatively new entrant in the financial services space. Its registered address is 20 Eastbourne Terrace, London W2 6LA, UK.
As of the latest records, 24 Faster holds no recognised regulatory licences from any financial authority. The FXCanary Scam Risk Score stands at 45/100, categorised as 'Guarded,' indicating a cautious outlook for potential traders.
Company Background
The broker is incorporated in the United Kingdom, a jurisdiction known for its robust financial regulation. However, incorporation alone does not imply oversight by bodies such as the Financial Conduct Authority (FCA). The address provided—20 Eastbourne Terrace—is a commercial area in London, but no further operational details are publicly available.
Given the lack of verifiable information from independent sources, 24 Faster's business activities remain largely opaque. Traders are advised to exercise due diligence before engaging with this entity.
Regulatory Status
24 Faster operates without any known regulatory oversight. This means that client funds are not protected by schemes such as the Financial Services Compensation Scheme (FSCS) in the UK, nor are there any mandatory segregation requirements. Regulatory absence often signals higher risk, as there is no external recourse in case of disputes or broker failure.
The absence of licensing from authorities like the FCA, CySEC, or ASIC is a significant red flag. The FXCanary risk score of 45/100 reflects these concerns, placing the broker in a guarded risk category.
Trading Portfolio
No official information is available regarding the financial instruments offered by 24 Faster. Based on the broker's name and domain, it may aim to provide fast execution services, but this is speculative. Without access to the website or marketing materials, we cannot confirm asset classes such as forex, CFDs, indices, or commodities.
Potential clients should seek detailed product information directly from the broker before considering any investment.
Account Types and Platforms
There are no publicly known account types or trading platforms associated with 24 Faster. Typical brokers offer demo accounts, standard accounts, and perhaps VIP tiers, but none are documented for this entity. Similarly, the trading platform—whether MetaTrader 4/5, cTrader, or a proprietary solution—remains unknown.
This lack of transparency is a concern for traders who rely on platform features and account conditions to make informed decisions.
Deposits and Withdrawals
Funding methods for 24 Faster have not been disclosed. Common options in the industry include bank transfers, credit/debit cards, and e-wallets, but there is no confirmation from the broker. The absence of this information makes it difficult to assess convenience, fees, or processing times.
Unregulated brokers often present higher risks regarding fund security and withdrawal delays. Traders should clarify these terms before depositing any capital.
Risks and Considerations
The primary risk with 24 Faster is its complete lack of regulatory oversight, which leaves traders vulnerable to potential misconduct or financial loss. The guarded risk score from FXCanary underscores the need for caution. Without verifiable user reviews or third-party audits, the broker's reliability cannot be assessed.
Traders are strongly encouraged to only deal with regulated brokers. For 24 Faster, the absence of information itself serves as a warning. Conduct thorough research or consider alternative providers with proven track records and clear regulatory standing.
Overview compiled by FXCanary from regulatory records and public data. full 24 Faster review