This 2025 review of 24K Markets looks at their trading platform, fees, and customer support. It also answers the important question: Is 24K Markets regulated?
24k Markets broker review
Founded in 2023. 24K Markets Review is a trading platform. It offers many financial instruments. These include Forex, Crypto, Indices, US shares, EU shares, and Commodities. 24K Markets is a trading platform operated by 24 Markets Ltd, registered in Saint Lucia with the company number 2023-00364.
The platform caters to traders of all levels by providing four distinct account types. They provide a demo account and cater to Islamic investors with swap-free accounts. However, a major concern is the lack of regulation by a reputable financial authority. Trading with unregulated brokers carries increased risks of fraud, market manipulation, and economic losses.
24k Markets regulations
Is 24k Markets broker regulated? No, a major financial regulatory authority regulates 24K Markets. This means there is no official oversight or protection for traders using their services. It is crucial to be aware of this before considering trading with 24K Markets.
24K Markets broker offers 2FA for security, provides tips to avoid scams, guides for recovering locked accounts, resetting passwords, and verification, explains slippage, and prioritizes account fund safety. 24K Markets maintains separate accounts for client funds to ensure they are always segregated from the company’s funds.
Overall, the 24K Markets review provides some security features, but the lack of regulation poses potential risks for traders.It is important for potential clients to carefully consider these factors before deciding to trade with 24K Markets.
How to open an account with 24k Markets?
To open an account with 24k Markets the following steps are to follow.
- Visit the home 24k market review to sign-up portal.
- Agree to the terms and conditions.
- Fill in your sign-up credentials.
- Click on Sign Up.
- Open your email inbox.
- Select the 24k Markets email for account confirmation.
- Tap on Complete Sign-Up.
- Fill in additional sign-up credentials.
- Click on Create Your Account.
24k Markets account types
24K Markets broker offers four account types, designed to suit traders of all levels, from beginners to experienced professionals.
| Account types | Pro | Standard | Mini | VAR |
|---|---|---|---|---|
| Spread | 0.4 pip | 0.4 pip | 1.0 pip | 1.2 pip |
| Order volume | lot $8 | lot $7 | $1 | No |
| Leverage | 1:500 | 1:500 | 1:500 | 1:500 |
| Suitable for | Experienced traders | Intermediate traders | Beginners or traders with smaller capital | High tolerance for risk |
24K Markets offers Islamic accounts that adhere to Sharia law by eliminating swap fees. This allows you to trade various financial instruments without incurring interest-based charges.
24k Markets demo account
24K Markets offers a demo account to practice your trading strategies without risk. Experience a simulated market environment and refine your skills before investing real money.
24k Markets financial assets
Trade with flexibility and choice at 24K Markets. They provide a wide array of financial instruments to suit different trading styles and risk appetites.
24k Markets forex broker
Trade 55 currencies everything from EUR/USD to exotic markets in one place.
24k Markets forex majors
24K Markets offers a diverse range of currency pairs for trading, AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY. These pairs represent some of the most popular and actively traded currencies in the global foreign exchange market.
Forex exotics
These pairs are considered exotic because they involve currencies from emerging markets or less frequently traded economies.
| Forex exotics pair names | |||
| GBP SEK | EURDKK | USDHKD | EURSGD |
| NOK SEK | EURHKD | USDHUF | EURHUF |
| USDCNH | EURNOK | USDILS | USDZAR |
| USDCZK | EURPLN | USDMXN | GBPDKK |
| USDDKK | EURSEK | USDNOK | GBPNOK |
| USDSGD | EURTRY | USDPLN | EURCZK |
| USDTRY | EURZAR | USDRUB | USDSEK |
Forex crosses
These pairs are called crosses because they don’t involve the US dollar. They are often traded as alternative options to the major currency pairs and can offer different risk and reward profiles.
| Forex crosses pairs | ||
| AUDCAD | EURAUD | GBPCAD |
| AUDCHF | EURCAD | GBPCHF |
| AUDJPY | EURCHF | GBPJPY |
| AUDNZD | EURGBP | GBPNZD |
| CADCHF | EURJPY | NZDCAD |
| CADJPY | EURNZD | NZDCHF |
| CHFJPY | GBPAUD | NZDJPY |
Cryptocurrencies
Trade over 20+ popular cryptocurrencies at 24K Markets, including USD coin (BTCUSD), Ethereum (ETHUSD), and Litecoin (LTCUSD).
| Cryptocurrency | ||
| BTCUSD | OMGUSD | TRXUSD |
| DASHUSD | XMRUSD | XLMUSD |
| EOSUSD | XRPUSD | DOGEUSD |
| ETHUSD | ZECUSD | SHIBUSD |
| IOTAUSD | BCHUSD | ADAUSD |
| LTCUSD | BNBUSD | SOLUSD |
| NEOUSD | BATUSD | DOTUSD |
| AVAUSD | ETCUSD | |
Indices
The indices available are ESP35, UK100, EUSTX50, FRA40, US30, NAS100.mini, and more.
US shares
The shares available in 24k Markets are Apple, Amazon, The Bank of America, Alphabet Inc, HP, Netflix, Meta, and more.
EU shares
The available EU shares are Daimler AG, Adidas AG, Bayerische Motoren Werke AG, Siemens AG, and more.
Commodities
The 24k Markets available commodities are Copper, XAGUSD, XAUEUR, XAUUSD, XPTUSD, and more.
Trading platforms of 24k Markets
24K Markets offers the TradeLocker platform, a new trading platform with multiple brokers and prop firms. The platform provides comprehensive tutorials in its FAQ section, covering the creation of TradeLocker accounts and detailed instructions on how to use the platform effectively.
24K Markets offers the TradeLocker platform, a top alternative to MT4/5, providing a range of advanced features and benefits. While 24K Markets MT5 is not available, TradeLocker is accessible on various devices, including smartphones and tablets. This allows traders to stay connected to the markets and execute trades from anywhere, anytime.
24k Markets deposit methods
The available deposit methods are given below.
- Bitcoin
- Ethereum
- Litecoin
- Ripple
- Dogecoin
- Tether (TRC-20) and
- USD Coin (BEP-20/TRC-20)
The deposit method of Bitcoin via Insta coins is not available now.
Deposit processing times
- The deposit will typically take between 1 and 3 hours to reach the blockchain network.
- Once the deposit reaches the blockchain network, it will need to be confirmed. This process usually takes between 3 and 6 hours. Processing times may vary during periods of high market volatility.
24k Markets minimum deposit
The minimum deposit of 24k Markets is $10 and the maximum deposit is unlimited.
24k Markets withdrawal methods
Withdrawals are exclusively processed using Bitcoin. Withdrawal processing times vary depending on the blockchain network and can be affected by market volatility. The minimum withdrawal amount is $100 and the maximum amount has no limit.
Withdrawal bonus
- To transfer the withdrawal bonus to your account balance, you must trade a minimum of 1 standard lot for every $5 or equivalent in your account currency of the bonus amount.
- Until you meet this trading requirement, the withdrawal bonus remains the property of 24k Markets.
- The withdrawal bonus is a one-time offer and equals 20% of the amount you withdraw from your account.
Withdrawal steps of 24k Markets
To withdraw funds from your account:
- Tap Withdraw.
- Select a withdrawal option and indicate the wallet address you want to receive the funds.
- Enter the withdrawal amount and click Request Withdrawal.
- Enter your crypto address.
- If you haven’t entered your crypto address before, go to your withdrawal history and click Fill info. Then, type in your crypto address.
Fees and commission of 24k Markets
The fees and commission of 24k markets are given below:
| Category | Description | Value |
|---|---|---|
| Spread | Varies from 0.4 to 1.2 pips | |
| Leverage for less than $500k equity | Stocks | 1:20 |
| Cryptos (except SHBUSD100) | 1:100 | |
| Metals | 1:200 | |
| Indices or Energies | 1:200 | |
| Forex | 1:500 | |
| 24k markets leverage for more than $ 500k equity | Cryptos, Metals, Indices or Energies | 1:50 |
| Forex | 1:200 | |
| Margin call | Percentage of margin requirements | 100% |
| Stop-out level | Percentage of margin requirements | 144% |
| Inactivity fees | Charged for inactive accounts | 10 USD, GBP, EUR, CAD, or AUD |
| Affiliate commissions | Per standard lot | $1.50 – $0.50 (once you reached $100 or more you will get a commission on every Friday) |
| Deposit fees | Bitcoin | 0% |
| Bitcoin via Debit/Credit Card | 0% | |
| Cryptocurrencies (USDT/DOGE/ETH/LTC/USD Coin/Ripple) | 2.50% | |
| Withdrawal fees | Charged by 24k Markets | No fees |
| Charged by wallet provider or network | May apply |
Commission for various class assets
The commission for various class assets is given below in the table.
| Asset class | Commission (per lot) |
|---|---|
| Cryptos | $10 |
| Energies | $8 |
| EU shares | $8 |
| Standard forex | $7 |
| Forex pro | $8 |
| Indexes | $7 |
| Metals | $10 |
| Mini forex | $1 |
| Mini indexes | $8 |
| US shares | $8 |
Customer support
Customer services of 24kMarkets are available 24/7 through email, live chat, and contact forms.
- Email: support@24kmarkets.com
Conclusion
24K Markets offers a variety of features and a user-friendly platform. However, the lack of regulation by a reputable financial authority is a significant red flag. This means there is no external oversight to ensure fair practices, protect investor funds, or address complaints.
Before considering 24K Markets, carefully weigh the risks and ensure you understand the potential consequences of trading with an unregulated broker. It is highly recommended to prioritize brokers regulated by reputable authorities.
Pro Tip
If you’re willing to accept the risks associated with an unregulated broker, conduct thorough research and understand the potential consequences. Start your trading journey with confidence and stay informed about CFDs, forex, stocks, and cryptocurrencies. Our trusted forex brokers will guide you through every step of your investment decisions.
