About activetraders24
Overview
activetraders24.com is a retail forex and CFD broker registered in China and founded on April 13, 2022. According to our records, the company operates without any known financial regulatory licenses. This absence of oversight is a defining characteristic that shapes the broker's risk profile.
The broker caters to traders with a range of account types, from a Micro Account with a minimum deposit of $100 to a VIP Account requiring $100,000. While it offers a variety of instruments including forex, indices, commodities, and share CFDs, the lack of regulatory oversight is a significant factor for potential clients to consider.
Regulation and Licensing
As per the known facts, activetraders24 does not hold any regulatory licenses from recognized authorities. This means that traders are not protected by any investor compensation schemes or regulatory oversight that typically exist in jurisdictions like the FCA, CySEC, or ASIC. The absence of regulation increases the risk of potential disputes or misconduct.
Our assessment identifies this as a key area of concern, reflected in the FXCanary Scam Risk Score of 54/100 (Elevated). Traders should be aware that without regulatory oversight, recourse in case of issues is limited. It is crucial to verify any claims of licensing independently.
Account Types
activetraders24 offers four distinct account types tailored to different capital levels. The Micro Account requires a minimum deposit of $100 and offers a maximum leverage of 1:500, aimed at small-scale traders. The Standard Account starts at $500 with leverage up to 1:300.
The Premium Account requires $25,000 with leverage capped at 1:100. The top-tier VIP Account demands a minimum of $100,000 and also offers 1:100 leverage. These accounts reflect a high-barrier structure for higher tiers, potentially limiting access to traders with significant capital.
Instruments
The broker’s instrument offering includes Forex, Indices, Commodities, and Share CFDs. This selection is common among retail brokers, providing diversified trading opportunities across major asset classes. However, without verified details on the number of currency pairs or specific indices and commodities, the breadth of the offering remains unclear.
The lack of publicly available information on spreads, commissions, and execution quality further obscures the overall trading experience. Prospective traders should seek detailed information directly from the broker before committing funds.
Risk Considerations
The most prominent risk factor is the complete absence of regulatory oversight. Combined with a relatively young history (founded in 2022) and high minimum deposits for premium tiers, the broker presents an elevated risk profile. The FXCanary Scam Risk Score of 54/100 underscores these concerns.
Traders considering activetraders24 should exercise extreme caution and conduct thorough due diligence before depositing funds. Given the limited independent information available, it is advisable to start with a minimal deposit to test the broker's services.
Overview compiled by FXCanary from regulatory records and public data. full activetraders24 review