Forex24
Forex24 is a European CySEC Regulated online broker providing contracts for difference (CFDs) on foreign exchange, shares, futures and precious metals primarily to ret...
Tags:Forex BrokerBasic Information
Full Company Name: Forex24 Ltd
Country: Cyprus
Founded: 2015
Minimum Deposit: $250
Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Minimum Trade Size: 0.01 lots
Business Model: Market Maker (MM)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +357 22 000 000
Headquarters Address: 120 Zenas Kanther Street, 3rd Floor, 2032 Nicosia, Cyprus
Regulatory Information
- Cyprus Securities and Exchange Commission (CySEC)
- License Number: 207/13
- Regulatory Details: Forex24 is regulated by CySEC, ensuring its operations comply with EU financial regulations.
- Financial Conduct Authority (FCA)
- License Number: 777911
- Regulatory Details: Forex24’s UK entity is regulated by the FCA, ensuring its operations in the UK market are legal and compliant.
- Australian Securities and Investments Commission (ASIC)
- License Number: 499901
- Regulatory Details: Forex24’s Australian entity is regulated by ASIC, ensuring its operations in the Australian market are legal and compliant.
Account Types
| Account Type | Basic Account | Gold Account | Platinum Account | VIP Account |
|---|---|---|---|---|
| Minimum Deposit | $250 | $10,000 | $50,000 | $100,000 |
| Spreads | From 2.0 pips | From 1.5 pips | From 1.0 pips | From 0.5 pips |
| Commission | None | None | None | None |
| Tradable Instruments | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies | Forex, Metals, Energies, Indices, Stocks, Cryptocurrencies |
| Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Leverage | Up to 1:200 | Up to 1:200 | Up to 1:200 | Up to 1:200 |
| Order Execution | Market Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available | Available | Available |
| Hedging Margin | 50% | 50% | 50% | 50% |
| Margin Call Level | 50% | 50% | 50% | 50% |
| Stop-Out Level | 20% | 20% | 20% | 20% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 50 lots | 50 lots | 50 lots | 50 lots |
| Maximum Number of Positions | No limit | No limit | No limit | No limit |
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