24Five Broker Review

　　

24five 2025 Review: Everything You Need to Know

　　In the ever-evolving landscape of online trading, 24five has emerged as a broker that has garnered attention for its offerings. However, a closer examination reveals a mixed bag of reviews, with significant concerns regarding its legitimacy and user experience. This review synthesizes various sources to provide a comprehensive analysis of 24five, focusing on user experiences, pros and cons, and expert opinions.

　　Note: It is essential to highlight that the regulatory landscape varies across regions, and 24five operates under different entities. This review aims for fairness and accuracy by considering these factors.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	4
Tools and Resources	5
Customer Service and Support	3
Trading Experience	4
Trustworthiness	2
User Experience	3

　　We rate brokers based on comprehensive user feedback, expert analysis, and factual data.

　　

Broker Overview

　　Established in 2015, 24five is owned by One World Ltd, with its operations based in the Autonomous Island of Mwali (Mohéli), Comoros. The broker primarily offers the MetaTrader 4 (MT4) platform, which is widely recognized for its user-friendly interface and robust trading capabilities. Traders can access a diverse range of asset classes, including over 45 forex currency pairs, stocks, commodities, indices, and cryptocurrencies such as Bitcoin and Ethereum. However, the broker's regulatory status raises red flags, as it claims to be regulated by the Comoros Mwali International Services Authority (MISA), which lacks the credibility of more recognized regulatory bodies.

　　

Detailed Analysis

　　

Regulatory Geography

　　24five operates without a valid regulatory license from reputable authorities, which is a significant concern for potential investors. The lack of oversight raises questions about the safety of client funds and the broker's operational integrity. According to multiple sources, including CapitalForexMarkets, this absence of regulation is a common indicator of potential scams in the forex market.

　　

Deposit/Withdrawal Options

　　The broker accepts various payment methods, including bank transfers, credit cards (Visa, MasterCard), and cryptocurrencies. However, some users have reported difficulties in withdrawing their funds, with complaints of blocked accounts and unresponsive customer service. According to ReliableForexBroker, many users experienced significant delays and challenges when trying to access their funds, which is a red flag for any trading platform.

　　

Minimum Deposit

　　While specific details about the minimum deposit for opening a live account remain unclear, sources indicate that a minimum of $1,000 may be required. This amount is relatively high compared to other brokers, which may deter novice traders.

　　

Bonuses/Promotions

　　24five has been noted to offer various promotions, but details about these promotions are sparse and often lack transparency. Users are advised to approach such offers with caution, as they can sometimes come with hidden conditions that complicate withdrawals.

　　

Tradable Asset Classes

　　The range of assets available for trading includes forex, cryptocurrencies, stocks, indices, and commodities. This diversity can appeal to traders looking to diversify their portfolios; however, the lack of real stocks and ETFs may limit investment options for those seeking traditional equity exposure.

　　

Costs (Spreads, Fees, Commissions)

　　While the broker offers competitive spreads, specific details regarding commission structures and hidden fees are not readily available. Users should be cautious and read the fine print, as many brokers often have undisclosed costs that can impact overall profitability.

　　

Leverage

　　24five offers leverage up to 1:500, which can be attractive for traders looking to amplify their positions. However, high leverage also increases the risk of significant losses, particularly for inexperienced traders.

　　

Allowed Trading Platforms

　　The primary trading platform offered by 24five is MT4, which is well-regarded in the trading community for its functionality and features. However, the absence of newer platforms like MT5 may limit the trading experience for some users.

　　

Restricted Regions

　　24five does not provide services to residents of certain jurisdictions, including the United States, Canada, and the United Kingdom. This limitation is crucial for potential clients to consider, as it may affect their ability to open an account.

　　

Available Customer Support Languages

　　Customer support is reportedly lacking, with users citing long response times and unhelpful assistance. The broker claims to offer support in multiple languages, but the quality of service has been questioned, with some users expressing frustration over the lack of effective communication.

　　

Repeated Ratings Overview

Category	Rating (out of 10)
Account Conditions	4
Tools and Resources	5
Customer Service and Support	3
Trading Experience	4
Trustworthiness	2
User Experience	3

　　

Detailed Breakdown

　　

Account Conditions

　　The account conditions at 24five are concerning due to the high minimum deposit and unclear withdrawal processes. Users have reported significant difficulties in accessing their funds, indicating a lack of transparency.

　　

Tools and Resources

　　While 24five provides access to the widely-used MT4 platform, the overall resource offerings appear limited. Users seeking comprehensive educational materials or advanced trading tools may find the platform lacking.

　　

Customer Service and Support

　　Customer service has received significant criticism, with many users reporting unresponsive support and delays in resolving issues. This lack of reliable support is a major drawback for potential clients.

　　

Trading Experience

　　The trading experience on the platform may be hindered by the reported difficulties in fund withdrawals and customer service issues. While the MT4 platform is user-friendly, the overall experience is marred by these operational challenges.

　　

Trustworthiness

　　Trustworthiness is a critical concern, with multiple sources indicating that 24five lacks proper regulation and has a questionable reputation in the trading community. Users are advised to exercise caution.

　　

User Experience

　　The user experience has been described as frustrating, particularly regarding account access and customer support. Many users have expressed dissatisfaction with their interactions with the broker.

　　In conclusion, the 24five review reveals a broker that may not meet the standards expected by serious traders. With significant concerns regarding regulation, customer support, and user experiences, potential clients are advised to proceed with caution and consider other, more reputable options in the market.