24FX Forex Broker keeps up-to-date with the latest trading account information, including PREMIUM ACCOUNT, AUTO ACCOUNT, MICRO ACCOUNT maximum leverage of 1:500, trading varieties, and more
Rating Index
Pros
Strong regulatory compliance under CySEC, providing a level of trust and security for traders.
Offers a variety of educational resources and trading tools, including market commentary and strategy development materials.
Multiple account types with different benefits, catering to various trading styles and experience levels.
Cons
Negative reviews regarding withdrawal issues and potential scams, raising concerns about the broker's reliability.
High fixed spreads, particularly for lower-tier accounts, which may not be competitive compared to other brokers.
U.S. clients are not accepted, limiting access for traders based in the United States due to regulatory restrictions on CFDs.
24FX broker Accounts
PREMIUM ACCOUNT
Environment
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Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$100
Minimum Spread
From 1
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
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AUTO ACCOUNT
Environment
--
Currency
--
Maximum Leverage
1:500
SupportedEA
Minimum Deposit
$200
Minimum Spread
From 1
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
MICRO ACCOUNT
Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$5
Minimum Spread
From 1
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
--
24FX Account Type
24FX offers three types of trading accounts tailored to meet the needs of different traders:
- Silver Account
- Minimum Deposit: $250
- Minimum Lot Size: 0.01 lot
- Maximum Leverage: 1:400
- Spreads: Fixed at 3 pips
- Gold Account
- Minimum Deposit: $5,000
- Minimum Lot Size: 0.01 lot
- Maximum Leverage: 1:400
- Spreads: Fixed at 2 pips
- Additional Benefits: 24/5 support, news alerts, dedicated account manager, and access to educational resources.
- Platinum Account
- Minimum Deposit: $20,000
- Minimum Lot Size: 0.01 lot
- Maximum Leverage: 1:400
- Spreads: Fixed at 1.5 pips
- Additional Benefits: Enhanced support and services similar to the Gold account.
- Visit the 24FX Website: Go to the official 24FX website.
- Select Account Type: Choose the type of account you wish to open (Silver, Gold, or Platinum).
- Complete Registration: Fill in the online registration form with your personal details.
- Read and Accept Terms: Review and accept the important documents and terms of service.
- Fund Your Account: Deposit the required minimum amount using any of the available payment methods.
- Install Trading Platform: Download and install the MetaTrader 4 platform or access the web trader.
- Start Trading: Once your account is funded and the platform is set up, you can begin trading.
Additionally, 24FX provides a demo account for practice without financial risk and an Islamic account that complies with Sharia law, offering swap-free trading.
24FX Broker Account Opening Process
To open a trading account with 24FX, follow these steps:
For more detailed information on the account types and opening process, visit 24FX.
24FX Similar Broker Accounts
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24FX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of $100 by (2+) --.