24ProfitMarket Forex Broker

24ProfitMarket Review SummaryFounded2017Registered Country/RegionNot mentionedRegulationUnregulatedMarket InstrumentsForex, Commodities, Indices, Shares, CryptocurrenciesDemo Account×SpreadFrom 0.0 pips (claimed)Trading PlatformMetaTrader 4 web platform, MetaTrader 4 mobile platformMin Deposit€25024ProfitMarket Information Designed in 2017, 24Profit Market is an unregulated internet trading platform. Among the several financial tools it provides are forex, indices, equities, commodities, and cryptocurrencies.Pros and ConsProsConsOffers a range of financial instrumentsUnregulatedProvide MT4High withdrawal feesMultiple account typesIs 24ProfitMarket Legit? 24ProfitMarket operates without any regulations.What Can I Trade on 24ProfitMarket? 24ProfitMarket offers trading in MANY financial instruments.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Shares✔Cryptocurrencies✔ETFs❌Bonds❌Account Types 24ProfitMarket provides 3 types of live trading accounts but does not offer demo or Islamic accounts.Account NameMinimum DepositBonusSuitable ForBronze€25020%BeginnersPlatinum 1€75030%Intermediate tradersPlatinum 2€1,00050%Advanced traders24ProfitMarket Fees 24ProfitMarket's fee structure is high compared to standards. Trading Fees The broker offers competitive spreads starting from 0.0 pips. But it doesn't mention other trading fees.Trading Platform 24ProfitMarket offers the MetaTrader 4 (MT4) platform.Trading PlatformSupportedAvailable DevicesSuitable forMetaTrader 4✔Web, Android, iOSBoth novice and experienced tradersDeposit and Withdrawal Deposit fees 24ProfitMarket charges fees for withdrawals and has a minimum deposit requirement of at least €250.Deposit OptionsMin. DepositFeesProcessing TimeCredit/Debit Cards€250Not specifiedNot specifiedWire Transfer€250Not specifiedNot specifiedE-Wallets€250Not specifiedNot specified Withdrawal fees The broker imposes high withdrawal fees of $35, and charges additional charges for not meeting certain trading volume requirements.Fee TypeAmountCredit Card Withdrawal$35Bank Transfer Withdrawal$50E-wallet Withdrawal$25Additional Fee for Not Meeting 200x Turnover10% of withdrawal amount