About Forex24 Market
Overview
Forex24 Market is a brokerage entity registered in the United Kingdom, established on March 11, 2022. The firm operates under the domain forex24market.com and lists a registered address at 45 Watling Ct, London EC4M 5SH. As a relatively new entrant in the financial services space, it offers trading services primarily targeting individual and corporate clients.
According to public records, the broker provides four distinct account tiers designed to accommodate varying levels of capital commitment. These account types range from a STARTER account with a minimum deposit of $506 to a CORPORATE account requiring at least $39,483. The absence of specified maximum leverage across all accounts suggests either a conservative offering or incomplete disclosure.
Regulation and Licensing
Our review indicates that Forex24 Market does not hold any regulatory licences from recognised financial authorities. The known facts show no regulators on file, which places the broker in a category where client protection mechanisms such as negative balance protection or compensation schemes are not guaranteed.
For traders, the lack of regulatory oversight carries inherent risks, particularly regarding dispute resolution and fund security. FXCanary recommends exercising caution when dealing with unregulated entities, as they operate without the mandatory compliance frameworks that regulated brokers must adhere to.
Account Types
Forex24 Market structures its client base into four account tiers: STARTER, PLATINUM, CORPORATE, and PROFESSIONAL. The STARTER account demands a minimum deposit of $506, making it the most accessible entry point for retail traders. The PLATINUM account requires $8,011, while the PROFESSIONAL account has no specified minimum deposit—though the ‘No Limit’ label suggests flexibility.
The CORPORATE account targets institutional or high-net-worth clients, with a steep minimum deposit of $39,483. Notably, the maximum leverage across all accounts is listed as ‘--’, which could indicate either a fixed low leverage or a customisable feature not publicly disclosed. This ambiguity may hinder traders from assessing potential risk exposure.
Company Background
Forex24 Market was founded in early 2022 and is based in the United Kingdom. Its registered address in London’s financial district suggests a professional corporate presence. However, without verified web presence or independent reviews, the broker’s operational history remains largely opaque.
The company’s official domain, forex24market.com, does not appear in major industry databases, and we found no evidence of partnerships or affiliations with well-known financial institutions. The lack of independent user feedback further limits the ability to gauge client satisfaction or service reliability.
Trading Instruments
The known facts do not specify the trading instruments offered by Forex24 Market. This absence of information makes it difficult to determine whether the broker covers forex pairs, CFDs, commodities, indices, or cryptocurrencies.
Typically, a retail forex/CFD broker would list such details prominently. The omission here may indicate an incomplete public profile or a limited product suite. Traders seeking diversification would need to verify directly with the broker before committing capital.
Conclusion
Forex24 Market presents as a newly established brokerage with a range of account tiers but no regulatory oversight. The high minimum deposit for its CORPORATE account suggests a focus on affluent clients, while the STARTER account aims at smaller retail traders.
Given the lack of regulation and scant public information, traders should approach this broker with heightened due diligence. The absence of leverage details and instrument lists adds to the uncertainty, reinforcing the need for independent verification before any financial commitment.
Overview compiled by FXCanary from regulatory records and public data. full Forex24 Market review