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M24 Markets

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Operating status: SCAM

Website: https://www.m24markets.com/

Broker violations and abnormal records
  • 2022-03-28 BrokersView has reviewed that M24 Markets is an Unregulated Forex Broker

    M24 Markets claims to be a reliable firm while presenting neither details about its company information (company full name) and regulations, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their credentials and licenses in a prominent position. It is a red flag here.

    Viewing its "Contact us" information, we found the company is located in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results to M24 Markets in FCA. That means M24 Markets is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by law. Therefore, it is a scam.

    M24 Markets claims to be a reliable firm while presenting neither details about its company information (company full name) and regulations, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their credentials and licenses in a prominent position. It is a red flag here.Viewing its "Contact us" information, we found the company is located in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results to M24 Markets in FCA. That means M24 Markets is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by law. Therefore, it is a scam.
  • 2022-08-29 The UK FCA Added M24 Markets into Its Warnings

    On 30 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that M24 Markets is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/m24-markets 

    On 30 Aug 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that M24 Markets is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/m24-markets 

Related Complaints

Q&A

Does M24 Markets provide negative balance protection?

AliMohammed
Lebanon
2022-04-07
ANSWER M24 Markets is not legit and should be avoided at all events. M24 Markets claims to be a reliable firm while presenting neither details about its company information (company full name) and regulations, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their credentials and licenses in a prominent position. It is a red flag here.Viewing its "Contact us" information, we found the company is located in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results in FCA registry. So M24 Markets is not regulated by any regulator. That means investors' funds in this broker are unsafe and cannot be protected by law. Therefore, it is thoroughly a scam. We would recommend traders stay away from unregulated brokers like M24 Markets and trade with licensed brokers.
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