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Market24hClock Company

  

Market24hClock Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Market24hClock is a multi-asset trading platform that primarily focuses on providing traders with access to forex and stock market trading. The company was established with the goal of helping traders identify optimal trading times based on the operational hours of various global markets.

  

Parent Company/Ownership Structure

  Market24hClock operates independently and does not appear to be a subsidiary of a larger parent company. Its ownership structure is not extensively detailed in available sources, which is common for many online trading platforms.

  

Headquarters Location

  The company is registered in China, with its operational address located at Ulitsa Denisa Davydova, 22, Kaliningrad, Kalinin Gradskaya Oblast, 236019, Russian Federation.

  

Global Business Scope

  Market24hClock operates on a global scale, providing services to traders around the world. The platform enables access to various financial instruments, including forex, stocks, and commodities, thereby appealing to a diverse clientele.

  

Main Regulatory Bodies

  Market24hClock is noted for lacking significant regulatory oversight. According to multiple sources, it has no valid regulatory information and operates with a suspicious regulatory license. This lack of regulation raises concerns about the safety and security of client funds.

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2. Company History and Development

  

Key Milestones

  While specific founding dates and milestones are not extensively documented, Market24hClock has been operational for approximately 2 to 5 years, as indicated by various reviews.

  

Business Expansion Journey

  The company has expanded its services to cover a wide array of financial instruments, including forex pairs, commodities, and cryptocurrencies. This diversification reflects a strategic move to cater to the evolving needs of traders.

  

Customer Base Growth

  Market24hClock has seen a steady increase in its user base, likely due to the growing interest in online trading and the need for tools that assist traders in making informed decisions.

  

Platform Development History

  The platform has evolved to include various features such as real-time market data, historical support and resistance levels, and an intuitive trading clock that highlights the best trading hours. Although it does not offer MT4 or MT5, it provides a web-based trading platform with essential trading tools.

  

Important Awards or Recognitions Received

  As of now, there are no notable awards or recognitions documented for Market24hClock, which may be attributed to its relatively recent entry into the market and lack of regulatory backing.

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3. Trading Services Offered

  

Forex Trading Options

  Market24hClock offers a broad selection of forex trading options, including numerous currency pairs such as EUR/USD, GBP/USD, and AUD/CAD. The platform provides real-time spreads for various pairs, with historical spread data available for analysis.

  

Stock Trading Options

  The platform facilitates trading in multiple stock exchanges globally, including major markets like NASDAQ, NYSE, LSE, and more. Traders can access a diverse range of stocks, although the exact number of stocks available is not specified.

  

CFD Trading Products

  While specific information on CFD products is limited, Market24hClock is known to provide leveraged trading options across various asset classes, including forex, commodities, and indices.

  

Other Financial Instruments

  In addition to forex and stocks, Market24hClock offers trading in cryptocurrencies such as Bitcoin and Litecoin, as well as commodities like gold, silver, and platinum. This diverse offering allows traders to explore multiple investment avenues.

  

Special Services or Unique Advantages

  One of the unique advantages of Market24hClock is its 24-hour trading clock, which helps traders identify optimal trading hours based on market activity. This feature is instrumental in assisting traders in timing their trades effectively.

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Detailed Regulatory Information

  Market24hClock operates with a low regulatory score and lacks valid regulatory oversight. There are no known regulatory bodies associated with the company, which raises concerns regarding its legitimacy and client protection.

  

  The company is registered in China, with its operational base in Russia. However, the absence of regulatory licenses suggests that it may not comply with international trading standards.

  

Client Fund Protection Measures

  Due to the lack of regulation, there is limited information on client fund protection measures. Traders are advised to exercise caution and consider the risks associated with trading on unregulated platforms.

  

Countries/Regions Served

  Market24hClock serves a global clientele, but specific restrictions on countries are not mentioned. The platform is accessible to traders from various regions, although potential clients should verify the legalities of trading in their respective jurisdictions.

  

Compliance History

  Market24hClock's compliance history is not well-documented, and the absence of regulatory oversight makes it challenging to assess its adherence to trading regulations.

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5. Competitive Landscape

  

3-5 Main Competitors

  Market24hClock competes with several other trading platforms, including:

  • Forex.com - A well-established forex trading platform with robust regulatory backing.
  • OANDA - Offers a wide range of trading instruments and is known for its regulatory compliance.
  • IG Group - A leading online trading platform that provides extensive market access and regulatory oversight.
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    Positioning in the Industry

      Market24hClock positions itself as a user-friendly platform aimed at both novice and experienced traders. However, its lack of regulatory oversight may hinder its ability to attract more serious investors.

      

    Market Differentiation Factors

      Market24hClock differentiates itself through its innovative trading clock and real-time market data features. However, the absence of a robust regulatory framework and comprehensive customer support may limit its appeal compared to more established competitors.

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      In conclusion, while Market24hClock provides a range of trading services and features designed to assist traders, its lack of regulatory oversight and transparency raises significant concerns. Potential users should carefully consider these factors before engaging with the platform. For more information on trading with Market24hClock, learn more.