Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighThe only trading permission is a Tier-4 MISA licence from a body the Comoros central bank has disavowed, and its printed term has lapsed; credit given because the licence is genuinely the broker's own and still listed as active.
Identity & transparency
8/10 · CriticalTwo conflicting incorporations (Comoros HY00623017 and Saint Vincent 26856), no office address, no telephone number, no named management, a mail-forwarding registered office and an annulled LEI shown as a certificate.
Withdrawals & conduct
9/10 · CriticalSpecific, repeated demands for tax, penalties or further deposits before withdrawal, plus an account traded without authorisation and a request to delete a review; unresolved, with the review profile unclaimed, though some clients do report being paid.
Reputation
8/10 · CriticalTrustpilot sits at 2.9 from 47 reviews with 57 percent one-star and a hollow middle, the loss reports are detailed while the praise is short and unverified, and a second platform carries an inability-to-withdraw complaint; no regulator warning exists.
Website claims
8/10 · CriticalA Saint Vincent company registration is presented as a licence number, a 2015 founding is advertised against an operation evidenced only from 2023, unnamed awards are claimed, and an annulled LEI is displayed as a certificate.
Operational history
6/10 · HighBrokerage activity is evidenced only from June 2023, about three years; the 2016 domain is an upper bound because archive copies show a placeholder page as late as November 2021, and the advertised 2015 founding exceeds what can be evidenced by about eight years.
Who they are
A quick desk file on the company behind the brand.
- Brand: 24Five, at 24five.com, published in Spanish, English, French and Portuguese and marketed mainly across Latin America.
- Legal entity: One World LTD, Comoros company number HY00623017. The terms and conditions name a second entity, Oneworld Ltd of Saint Vincent and the Grenadines.
- Registered: Bonovo Road, Fomboni, Mohéli, Comoros, a corporate services address used by many Mwali-registered companies. No office address and no telephone number appear anywhere on the website.
- Website: 24five.com, with the client area at cabinet.24five.com and a training site at academy.24five.com.
- Only licence: Mwali International Services Authority (MISA) licence T2023314, issued 30 June 2023 to One World LTD for 24five.com.
- Offers: forex, cryptocurrencies, shares, indices, futures, energy, commodities and metals on MetaTrader 4. Clients describe an entry deposit of 250 US dollars, then pressure to move to 5,000.
- Not accepted: the footer excludes residents of Canada, Japan, Sudan, North Korea, the United Arab Emirates, the United Kingdom and the United States. The terms separately exclude all European Union residents and Israeli and Iranian citizens, although the site still runs French and Portuguese versions.
- Age claim: the About page says the firm was founded in 2015 by professional traders and has won multiple awards, naming none of them.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Mwali International Services Authority (M.I.S.A.), Autonomous Island of Mwali (Mohéli), Union of the Comoros
Saint Vincent and the Grenadines, cited in the broker's terms as licence number 26856
Why we reached this verdict
How the evidence adds up.
Four findings drive this verdict, and the first one is the heaviest.
- Clients are asked to pay more before they can take money out. This is the advance-fee mechanic, and it has no legitimate counterpart. A client in Mexico writes that when he tried to withdraw he was asked for tax payments, penalties and a wait for authorisation. A client in Paraguay writes that after being pressed to invest 5,000 US dollars she was told to deposit a further 2,000 to release a withdrawal, and that nothing was ever returned. A third says she could not withdraw because she refused to keep depositing, putting her loss at 14,000 US dollars.
- The pattern is consistent, recent and checkable. The reports describe one mechanism, not assorted gripes: an assigned adviser, escalating deposits, then a blocked withdrawal. They cluster from July to October 2026, come from different people on two separate platforms and in at least five countries, and carry amounts, dates, adviser names and in one case a telephone number. One client in Mexico says the person who recruited him posed as an executive of BBVA. Another says that after he posted a review, his adviser contacted him asking him to take it down, and that his account was then wiped by trades he did not place.
- 24five's own terms penalise withdrawals. Any new trading account that requests a withdrawal within its first 30 calendar days is charged a 150 US dollar monthly inactivity fee. A 200 US dollar bonus requires 40 standard lots to be traded, roughly 4 million units of currency, which costs far more in spread than the bonus is worth. These clauses corroborate the behaviour clients describe.
- The regulatory story does not hold together. The footer claims MISA licence T2023314 from the Comoros. The terms instead state that 24FIVE is the trading name of Oneworld Ltd, registered in Saint Vincent and the Grenadines under licence number 26856. That is a company registration, not a licence: the Saint Vincent authority does not license or supervise forex trading. MISA itself is not a financial supervisor, and the central bank of the Comoros has publicly disavowed its licences. On top of that, the licence record for T2023314 prints an end date of 30 June 2025, and a second record of the same licence a term ending 30 June 2026. Neither shows a renewal, so the term on record has lapsed, even though the authority still carries the entry as active.
- The advertised history is not the operating history. 24five.com was registered in April 2016, but archive copies show it serving only a bare placeholder as late as November 2021, with the 24Five trading site appearing by 9 June 2023 and the licence issued three weeks later. The domain age is therefore an upper bound and not evidence of a long track record. The brokerage itself is about three years old, against an advertised founding year of 2015.
- Supporting detail. The site displays an LEI certificate badge, but the LEI record for One World LTD in the Comoros is annulled and was never renewed past October 2024. No office address, no telephone number and no named management are published, and the licence number is not linked to any register.
We found no entry naming 24five or 24five.com on the public regulator warning lists, and no enforcement action or court record against One World LTD. That is why this is a likely scam rather than a confirmed one.
Evidence ledger
Every finding, with its source and how strongly it points.
E1Clients report that a further payment was demanded before their own funds would be released. One client in Mexico says that when he decided to withdraw he was asked for tax payments, penalties and a wait for authorisation. A client in Paraguay says that after being pressed to invest 5,000 US dollars she was told to deposit another 2,000 to withdraw, and that nothing was returned. This is the advance-fee mechanic.
Hard proofTrustpilot, 24five.com review pageE2A consistent fund-integrity pattern rather than scattered complaints: an assigned adviser presses escalating deposits, then the withdrawal is blocked. Reports run from May to October 2026 with a July to October concentration, come from different people in Paraguay, Mexico, Colombia, the Dominican Republic and Peru, and carry amounts, dates and adviser names. All four pattern axes are met across two platforms.
E324five's own terms impose a 150 US dollar monthly inactivity fee on any new trading account for which the client requests a withdrawal before the first 30 calendar days of operation. A withdrawal request is what triggers the charge, which corroborates the penalties clients describe.
E4The broker contradicts itself on who holds client money. The terms state that 24FIVE is the trading name of Oneworld Ltd, registered in Saint Vincent and the Grenadines under licence number 26856, while the homepage footer states that One World LTD, Comoros company number HY00623017, is regulated by MISA under licence T2023314. A Saint Vincent registration is also not a licence, as the authority there does not supervise forex trading.
E5The advertised history is not supported. An archive copy of 24five.com from 23 November 2021 shows only a bare placeholder reading that it is the main site, with no brokerage content, while the About page claims the firm was founded in 2015.
E6The 24Five trading site is first visible in an archive copy dated 9 June 2023, three weeks before the MISA licence was issued on 30 June 2023, placing the start of the brokerage in mid-2023.
E7The licence is genuinely the broker's own and not borrowed from another firm. MISA's authorised brokerage listing carries ONE WORLD LTD at number 70 with licence T2023314, issued 30 June 2023, and shows the entry as active.
E8The licence term on record has run out. The verification record for T2023314 names ONE WORLD LTD, company number HY00623017 and the website 24five.com, with the licence issued 30 June 2023 and a licence end date of 30 June 2025, and shows no renewal.
E9A separate record of the same licence shows a term of 30 June 2023 to 30 June 2026, labels it a light-touch regulatory framework, and names ONE WORLD LTD, the brand 24five and the website www.24five.com. Read after that end date, it still shows no renewal.
ModerateA third-party broker directory, licence certificate detailE10The site displays an LEI certificate badge, but the LEI record for One World LTD of the Comoros, at Bonovo Road, Fomboni, carries the status annulled and was never renewed past 25 October 2024. GLEIF records no business registry for the entity.
E11No office address and no telephone number are published anywhere on the site, including the contact page, which offers only an email address and a call-back form. The registered office is a corporate services address in Fomboni used by many Mwali-registered companies.
Moderate24five contact pageE12The bonus terms lock withdrawals behind an unreachable volume requirement: a 200 US dollar bonus requires 40 standard lots to be traded, roughly 4 million units of currency, which costs far more in spread than the bonus is worth.
Moderate24five terms and conditionsE13A client in Mexico reports that the person who recruited him posed as an executive of the bank BBVA, that he deposited 285 US dollars, that a named analyst using a Canadian telephone number then handled his trading, and that the treatment changed when he tried to withdraw his gains. Another client reports that after he posted a review his adviser asked him to remove it, and that his account was then wiped by trades he did not place.
E14A complaint on a second platform, filed from Paraguay in September 2025 by a client of one to two years, is categorised as inability to withdraw and states that the firm takes the money and does not allow withdrawals. The entry names One World LTD and 24five.com.
ModerateA third-party broker directory, user complaintE15Not every client is refused. Several 2026 reviews report normal service, including one client who began with 1,500 US dollars and withdrew what he deposited without problems, and another who had early withdrawal trouble that support resolved before two successful withdrawals over three months.
E16No entry naming 24five, 24five.com or One World LTD was found on the public regulator warning lists, and no enforcement action or fraud-related court record naming the company was found. Warning lists lag new operations, so this is not a clean bill of health.
WeakRegulator warning-list sweep, no entry foundE17The domain 24five.com was registered on 15 April 2016 through GoDaddy, last changed on 4 April 2024, and runs on Cloudflare nameservers. The registration date long predates the brokerage content, so it is an upper bound on the operation's age rather than a measure of it.
The other side
The strongest case in this broker’s favour.
The case against 24five is not airtight, and these points cut the other way.
- The licence is genuinely theirs. This is not a clone. MISA's licensee listing carries One World LTD with licence T2023314, issued 30 June 2023, and the licence record names 24five.com as the licensed website. Nobody else's credentials are being worn, and the authority still shows the entry as active.
- Some clients are paid. Several 2026 reviews report withdrawals completing normally. One client says he started with 1,500 US dollars, took out what he put in without problems and was taught how to trade. Another reports early withdrawal trouble that support then resolved, followed by two successful withdrawals over three months. A systematic refusal to pay anyone would not look like this.
- No regulator has acted. There is no warning-list entry, no enforcement action and no fraud-related court record naming this company or this domain, on any list we checked.
- The infrastructure is real. MetaTrader 4, a working client area, a training academy, a published risk warning, an AML compliance page and an active social presence are all in place. This is an operating business, not an empty shell.
- Offshore is not the same as fraudulent. Hundreds of real brokers hold only low-tier offshore licences. A weak licence makes clients unprotected; by itself it does not make the firm a thief.
- Complaints can be planted. Competitors do write fake scam reports. We screened for it: the reports here are spread over five months rather than bursting, share no copied wording, name no alternative broker or recovery service, and carry specific amounts and dates. They survive that screen.
What would change this
What we would need to see to revise the verdict.
Concrete things that would move this verdict in either direction.
- Towards safer: a renewed MISA licence record showing a current term past 2026, published with a verification link on the broker's own regulation page.
- Towards safer: removal of the 150 US dollar monthly charge on accounts that request a withdrawal in their first 30 days, and a published withdrawal policy with fixed processing times.
- Towards safer: one consistent contracting entity. If the Saint Vincent registration were dropped from the terms, or correctly described as a company registration rather than a licence number, the central contradiction would disappear.
- Towards safer: a claimed Trustpilot profile with the fund-access complaints answered and resolved on the record, and a published office address, telephone number and named management.
- Towards worse: any regulator warning naming 24five.com. A hit from a Latin American or European authority would push this to a confirmed verdict.
- Towards worse: further reports of money being demanded to release a withdrawal, or evidence that accounts are traded without the client's authorisation.
- Towards worse: MISA moving One World LTD to its suspended or liquidation listing.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
MISA licence verification record for T2023314
The authority's record for the licence 24five relies on, showing the holder, the website and the licence end date.
MISA authorised brokerage companies listing
The licensee list that carries One World LTD at number 70 with licence T2023314.
GLEIF entity record for One World LTD
The LEI record behind the certificate badge on the site, showing an annulled status.
24five.com reviews on Trustpilot
The per-domain review page where the withdrawal reports are published.
24five terms and conditions
The broker's own contract, naming the Saint Vincent entity and the withdrawal charges.
Frequently asked questions
Quick answers about this broker’s safety.
Is 24five a scam?
We rate it a likely scam, at 80 percent risk. Clients consistently report that an adviser pushes escalating deposits and that a further payment is then demanded before any withdrawal is released, which is the advance-fee mechanic. The broker's own terms also charge 150 US dollars a month to any new account that asks to withdraw within 30 days.
Is 24five a fraud?
No regulator or court has made a finding of fraud against One World LTD, and we found no enforcement action and no fraud-related court record naming the company. What we did find is a repeated, specific pattern of clients being asked for money before their own funds would be released. On the evidence we hold, we assess the risk of fraud as high.
Is 24five regulated?
Only by the Mwali International Services Authority in the Comoros, under licence T2023314. MISA is not a financial supervisor and the central bank of the Comoros has publicly disavowed its licences. It holds no authorisation from any tier-one regulator such as the FCA, ASIC, CySEC or the CNBV.
Is the 24five licence still valid?
The licence genuinely exists in One World LTD's name for 24five.com, but the term printed on the record ended on 30 June 2025, and a second record of the same licence shows a term ending 30 June 2026. Neither shows a renewal, so the licence period on record has run out even though the authority still lists the entry as active.
Can I withdraw my money from 24five?
Some clients report withdrawals completing normally, especially small early ones. Many others report that withdrawals stopped once the balance grew, and that tax payments, penalties or a further deposit were demanded first. Request a full withdrawal in writing, keep every record, and never send extra money to release funds.
Is my money safe with 24five?
No. A Mwali licence carries no compensation scheme, no enforced segregation of client funds and no effective dispute process. If the firm does not pay you, there is no regulator with the power to make it.
Who owns 24five?
The site names One World LTD, Comoros company number HY00623017, registered at Bonovo Road, Fomboni, Mohéli. The terms and conditions instead name Oneworld Ltd of Saint Vincent and the Grenadines. No directors or managers are named anywhere on the site, and no office address or telephone number is published.
How old is 24five?
The brokerage is about three years old. The domain 24five.com was registered in April 2016, but archive copies show it serving only a placeholder page as late as November 2021, with the trading site appearing in June 2023 and the licence issued on 30 June 2023. The About page's claim of a 2015 founding is not supported by anything we could verify.
Is 24five a clone of another broker?
No. The licence, the company number and the website all match each other, and no other firm's credentials are being used. This is its own operation, which is why our concerns are about its conduct and its disclosures rather than impersonation.
What is a MISA or Mwali licence worth?
Very little. MISA is the registrar of an autonomous island in the Comoros, not a financial regulator, and it does not supervise trading, audit client funds or handle client complaints. Treat a MISA licence as a sign that a firm wanted to look regulated at the lowest possible cost.
Why do the 24five terms mention Saint Vincent and the Grenadines?
The terms state that 24FIVE is the trading name of Oneworld Ltd, registered in Saint Vincent and the Grenadines under licence number 26856. That is a company registration described as a licence. The Financial Services Authority there does not license or supervise forex brokers, so it confers no regulatory protection.
What should I do if I was scammed by 24five?
Stop depositing immediately and never pay a fee to release funds. Contact your card issuer or bank about a chargeback without delay, since the window is limited. Then file a complaint with your national regulator, such as CONDUSEF or the CNBV in Mexico, the Superintendencia Financiera in Colombia or the CNMV in Spain, and ignore anyone offering paid fund recovery.
What should I check before depositing with any broker?
Look up the licence number on the regulator's own register, not on the broker's website, and confirm the register names the same company and the same domain. Check that the firm publishes an office address, a telephone number and one consistent legal entity. Then read the withdrawal terms for fees, bonus volume conditions or approval clauses that could trap your balance.
What we recommend
The practical takeaway from everything above.
If you are considering 24five, or already have money with it, here is what we would do.
- Do not deposit. Nothing about a Mwali licence protects your money. There is no compensation scheme, no enforced segregation of client funds and no dispute route that can compel a payout.
- Never pay to get paid. If anyone asks for tax, a fee, a penalty, insurance or a further deposit before releasing a withdrawal, that money is gone too. No legitimate broker requires a payment to return your own balance.
- If you hold a balance, request a full withdrawal now, in writing, and keep every message, ticket number and payment receipt. Do not let an adviser talk you into a larger position first.
- Go to your card issuer or bank. Card deposits can often be charged back, and the window is limited. Say the funds were not returned on request.
- Report it where you live. In Mexico CONDUSEF and the CNBV, in Colombia the Superintendencia Financiera, in Peru the SMV, in Paraguay the Comisión Nacional de Valores, in Spain the CNMV. Complaints are what put a firm on a warning list.
- Ignore anyone who offers to recover your funds for an upfront fee. Victims of this pattern are targeted a second time by recovery scams.
- If you want leverage on regulated markets, choose a broker authorised by a tier-one regulator such as the FCA, ASIC or CySEC, and check the number on that regulator's own register before you deposit.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 15, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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