In this 24News.Trade Review, we are going to take a look at the offer that this broker prepared for its traders. 24News.Trade is regulated by the FCA in the UK. 24News.Trade operates on the financial market since 2019. When it comes to trading platforms, the broker features MetaTrader 4. The 24News.Trade minimum deposit is 250 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this 24News.Trade Review
| Website address: | 24news.trade |
| Operated by: | Baumont Group LTD |
| Licensed and authorised by regulatory bodies: | FCA |
| Supported languages: | English, German, Spanish and Italian |
| Customer support available via: | E-mail, phone, live-chat |
| Contact details: | [email protected] 44 20 3519 3530 (ou 00442035193530 |
| Available deposit methods: | Bank wire, credit and debit cards, Bitcoin, Piastrix |
| Available withdrawal methods: | Bank wire, credit and debit cards, Bitcoin, Piastrix |
| Minimum deposit: | 250 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 3,0 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex, stocks, commodities |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | |
| Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:400 |
| Social trading: |  |
24News.Trade Fees (typical spreads)
We have scanned fees (typical spreads) that 24News.Trade charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 3,0* | * | * | * | * |
*Typical spreads were recorded on 17.09.2020 at 09:59 for the standard account. 24News.Trade spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: StockFX, ForexCFDs, AvaTrade and TurboForex
Frequently Asked Questions
🧐 Is 24News.Trade a Scam?
24News.Trade is a broker licensed and regulated by the FCA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that 24News.Trade is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the 24News.Trade minimum deposit?
In order to start trading with 24News.Trade, you have to deposit at least 250 USD (Trading accounts can also be held in USD, EUR, GBP).
📵 What deposit and withdrawal methods 24News.Trade supports?
⚖️ Would you recommend me choosing 24News.Trade?
We don’t have our own personal experience with 24News.Trade. However, because the broker is regulated by the FCA, there is a high chance that it is not a scam. With that being said, it still does not mean that 24News.Trade is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.
