Market24hClock Forex Broker

Market24hClock Forex Broker - Complete Information Guide

1. Broker Overview

　　Market24hClock is a multi-asset trading broker that has been operational for approximately 2 to 5 years. The company is registered in China, with its main office located at Ulitsa Denisa Davydova, 22, Kaliningrad, Kalinin Gradskaya Oblast, 236019, Russian Federation. As a private entity, Market24hClock offers a range of trading services primarily targeting retail traders and investors who seek leveraged trading opportunities across various financial instruments.

　　Since its inception, the broker has aimed to provide access to a broad spectrum of tradable assets, including commodities, equities, metals, cryptocurrencies, and forex pairs. The firm has made significant strides in establishing itself within the global trading community, despite facing challenges related to regulatory scrutiny.

　　Market24hClock operates on a multi-asset trading model, offering services that encompass retail forex trading and access to various financial markets. This operational model allows clients to engage in leveraged trading, although specific details regarding account types and leverage options have not been disclosed.

2. Regulatory and Compliance Information

　　Market24hClock currently operates without any valid regulatory licenses. The broker has been flagged for having a regulatory index of 0.00, indicating a lack of oversight from recognized financial authorities. This absence of regulation raises concerns about the safety of client funds and the overall credibility of the broker.

　　The company has not provided any regulatory numbers or specific licenses, and it is crucial for potential clients to be aware of the risks involved. The broker's operations are based in regions that may not offer adequate consumer protection. Additionally, there is no information regarding the segregation of client funds or participation in investor compensation schemes.

　　Market24hClock claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures; however, detailed procedures have not been publicly disclosed. As such, clients are urged to exercise caution and conduct thorough research before engaging in trading activities with this broker.

3. Trading Products and Services

　　Market24hClock offers a diverse range of trading products, including:

• 　　Forex Pairs: The broker provides access to numerous currency pairs, including major, minor, and exotic pairs. Specific details on the total number of forex pairs available have not been disclosed.

• 　　CFDs: Clients can trade Contracts for Difference (CFDs) across various asset classes, including:

• 　　Indices: Major global indices.

• 　　Commodities: Precious metals like gold, silver, and platinum.

• 　　Cryptocurrencies: Popular cryptocurrencies such as Bitcoin and Litecoin.

• 　　Equities: Stocks from various international markets.

　　Market24hClock frequently updates its product offerings to ensure that clients have access to a broad selection of financial instruments. The broker focuses on providing retail trading services, allowing clients to engage in leveraged trading across these asset classes.

4. Trading Platform and Technology

　　Market24hClock does not support the widely-used MetaTrader 4 or MetaTrader 5 platforms. Instead, the broker offers a web-based trading platform that is less recognized in the industry. This platform includes multiple time frames, charts, and various drawing tools and price indicators, but it may not have the same level of reliability as MT4 or MT5.

　　The broker's platform is designed to cater to both novice and experienced traders, offering features that facilitate market analysis and trading decisions. Additionally, Market24hClock does not provide a dedicated mobile application for trading, which limits accessibility for users who prefer trading on the go.

　　Market24hClock's execution model has not been explicitly stated; however, it is essential for potential clients to understand the execution methods employed by the broker, whether they be ECN, STP, or market-making. The server location is based in the United States, which may affect latency for international traders.

5. Account Types and Trading Conditions

　　Market24hClock has not disclosed specific details regarding the types of accounts available to clients. However, the following information can be inferred:

• 　　Standard Account Conditions: The broker's minimum deposit, spreads, and commission structures remain undisclosed.

• 　　Advanced Account Types: Information about VIP or professional accounts is not available.

• 　　Special Accounts: There is no mention of Islamic accounts or corporate accounts.

• 　　Demo Account Policy: Details regarding the availability of demo accounts have not been provided.

• 　　Leverage Ratios: The broker has not specified the leverage ratios applicable to different products.

• 　　Minimum Trade Size: Information regarding the minimum trade size is also not disclosed.

• 　　Overnight Fees: The policy on overnight fees remains unspecified.

  　　

6. Fund Management

　　Market24hClock supports various deposit methods, although specific details about these methods have not been provided. Common methods typically include:

• Bank Transfers
• Credit Cards
• E-Wallets

　　The minimum deposit requirements vary based on account types, but specific amounts have not been disclosed.

　　The processing time for deposits is not explicitly stated, and there is no information regarding any deposit fees. Similarly, details about withdrawal methods, restrictions, and processing times have not been provided, leaving potential clients with limited information about the fund management process.

7. Customer Support and Educational Resources

　　Market24hClock has not provided clear information regarding its customer support channels. However, typical support avenues in the industry include:

• Phone Support
• Email Support
• Live Chat
• Social Media Channels

　　The availability of support services and hours of operation is not specified, which may hinder clients' ability to receive timely assistance.

　　Market24hClock does not appear to offer extensive educational resources, such as webinars, tutorials, or eBooks, which are commonly found with other brokers. Additionally, there is no mention of market analysis services, trading tools, or calculators that could assist traders in making informed decisions.

8. Regional Coverage and Restrictions

　　Market24hClock primarily targets a global audience, although specific regions where services are offered have not been detailed. The broker does not disclose information about regional offices or the countries from which it accepts clients.

　　However, it is essential to note that Market24hClock may not accept clients from certain jurisdictions due to regulatory restrictions. Potential clients should verify their eligibility based on local regulations before attempting to open an account.

　　In conclusion, while Market24hClock offers a range of trading products and services, potential clients should approach with caution due to the lack of regulatory oversight and transparency. It is crucial to conduct thorough research and consider the risks involved before engaging with this broker. The absence of detailed information on various aspects of the broker's operations further emphasizes the need for due diligence.