fx24.market
10 pages archived · Sep 16, 2026
Also on our record
3 more addressesHigh risk
36 out of 100 · 85% checked
Its client terms carry high risk, with 11 critical clauses, and trading EURUSD costs about 0.6 pips all-in.
We checked FX24 on 2026-10-26 across its company record, client terms, trading offer and service, and could verify 85% of its record. The score of 36 is what the checked record adds up to; nothing held it down. What would move the score: verified age, transparency, withdrawal rails. No investigation has been published yet, so complaints and reputation are unknown. Its client terms carry high risk, with 11 critical clauses. Trading EURUSD costs about 0.6 pips all-in, spread and commission together.
Score last calculated 2026/10/26
What Wikilix has recorded about FX24: its history, the licences it holds, its trading conditions and its fees.
FX24 is a forex and CFD brand that trades under the operating company Bigray Finance Group LLC and serves clients from an office in Baku, Azerbaijan. The broker offers MetaTrader 5 and a browser based web terminal, three retail account tiers from a $25 minimum deposit, and leverage of up to 1:500. The tradable range is narrow by industry standards, built around roughly ten forex pairs with a limited set of CFDs and crypto instruments alongside them. Its public site is published at , and the older fx24broker.com address redirects there. No financial regulation has been confirmed for FX24 on any regulator's own register, which is the single most important thing to understand before funding an account.
The FX24 website states that the broker is registered and licensed by the FSA and by Azerbaijan's financial regulator, and its homepage advertises two regulatory licences. Those are claims made by the broker. No licence number, authority reference or register entry supporting them is published on the site, so the claims remain unconfirmed. The site's own legal notice identifies Bigray Finance Group LLC as an Azerbaijani company with registration number 1406246501, and separately names a Bigray Finance Group LLC registered in Saint Vincent and the Grenadines under number 4044. Registration of that kind establishes only that a company exists. It is not financial regulation and confers none of the client protections a licence does.
There is no confirmed regulation for FX24. The broker advertises licences it does not evidence, and Saint Vincent and the Grenadines, where one of its named companies sits, does not license or supervise forex brokerage at all. Traders should treat FX24 as operating without demonstrated supervision until a specific authority, licence number and register entry can be checked.
Bigray Finance Group LLC is the company FX24 names as the operator of fx24.market, registered in Azerbaijan under number 1406246501. The same name is used for a separate company registered in Saint Vincent and the Grenadines, so two companies in two jurisdictions share a single trading brand. Which of them holds a client's account, and which one a client would have to pursue in a dispute, is not made clear anywhere on the site.
FX24 does not currently demonstrate the safeguards a cautious trader should expect. There is no confirmed regulator, no evidenced licence, no disclosed segregation of client money and no named compensation scheme. Set against that, the broker publishes a real corporate identity, a physical address, working support channels and a detailed account specification, which is more than the least transparent operators do. The brand has also changed its main web address more than once, which is worth weighing when judging operational continuity.
FX24 publishes three live account tiers, all on MetaTrader 5 or its web terminal, all denominated in US dollars and all offering leverage of up to 1:500. They differ mainly in how the trading cost is charged:
The commission figures are printed on the account comparison without a stated unit or currency, so the cost of a trade cannot be read off the site with confidence. The entry minimum across the range is $25, the minimum trade size is 0.01 lots, hedging is permitted, expert advisors are allowed and swap free accounts are offered.
Spreads are variable, quoted from 0.7 pips on the commission free Standard account and tightening to 0.2 and 0.1 pips on the commission bearing tiers. The cost that deserves the most attention sits on the funding side rather than the trading side: a holding fee of 5% is retained on deposits, and a minimum trading volume must be reached before a withdrawal can be made. A trader who deposits and then changes their mind does not get their full balance back.
Leverage runs to a maximum of 1:500. That is high by the standards of supervised markets and magnifies losses as readily as gains.
Trading is on MetaTrader 5, available as a Windows and macOS desktop client, as native iOS and Android apps and as a browser based web terminal, with the same account and trading conditions across every device. FX24 offers no proprietary platform of its own.
FX24 accepts Visa and Mastercard, bank and wire transfer, e-wallets, Tether (USDT) and regional fiat currencies including the Saudi riyal and the Qatari riyal, with deposits from $10 and withdrawal requests processed on business days in about 5 to 72 hours. A withdrawal must be taken by the same method and in the same currency as the deposit, and must be paid to a beneficiary matching the account holder, so third party payments are not accepted. The broker names no individual wallet provider and publishes no per method limits on its public site, and the 5% deposit holding fee and the trading volume requirement apply across these methods.
Support is available around the clock by live chat, by email at support@fx24.market, by telephone on +994 12 436 54 12 and through a Telegram bot, and the broker states that it serves clients in English, Persian, Arabic, Turkish and Pashto.
FX24 presents a competent retail package: MetaTrader 5 across every device, tight quoted spreads, a $25 entry and clear account specifications. What it does not present is evidence for the regulatory standing it advertises, and the funding terms shift real cost and real risk onto the client before a single trade is placed. Anyone considering an account should first ask FX24 for the authority and licence number behind its regulatory claim, and confirm which of the two Bigray Finance Group companies would hold their money.
FX24's typical spread on EURUSD is 0.60 pips, measured on a real trading account. We read every price the broker sends and weight each spread by how long it actually held — across 10 instruments and 34.1M quotes so far.
Tap an instrument to add it to the chart. Hover the lines for the exact reading at that moment.
| Instrument | TypicalThe average spread, weighted by how long each one actually held rather than by how many quotes were sent. Read every 10 minutes. | UsualThe median: half the readings were tighter than this, half were wider. | Bad momentsThe 95th percentile — one reading in twenty was worse than this. | BestThe tightest reading recorded. | WorstThe widest reading recorded. Spreads usually widen at the daily rollover and around news. | QuotesHow many individual price updates from the broker these figures are built from. A bigger number means a steadier measurement. |
|---|---|---|---|---|---|---|
| EURUSDEURUSD.ecn | 0.60 pips | 0.60 | 0.60The 95th percentile — one reading in twenty was worse than this. Widest at Oct 2, 18:00 UTC. | 0.60Tightest at Oct 2, 18:00 UTC. | 0.60Widest at Oct 2, 18:00 UTC. | 2.6MFrom 4097 ten-minute windows that passed the completeness check. |
| GBPUSDGBPUSD.ecn | 0.60 pips | 0.60 | 0.60The 95th percentile — one reading in twenty was worse than this. Widest at Sep 28, 13:00 UTC. | 0.60Tightest at Sep 28, 13:00 UTC. | 0.60Widest at Sep 28, 13:00 UTC. | 2.2MFrom 4095 ten-minute windows that passed the completeness check. |
| USDJPYUSDJPY.ecn | 1.10 pips | 1.10 | 1.10The 95th percentile — one reading in twenty was worse than this. Widest at Oct 26, 05:30 UTC. | 1.10Tightest at Oct 26, 05:30 UTC. | 1.10Widest at Oct 26, 05:30 UTC. | 4.1MFrom 4096 ten-minute windows that passed the completeness check. |
| USDCHFUSDCHF.ecn | 1.10 pips | 1.10 | 1.10The 95th percentile — one reading in twenty was worse than this. Widest at Oct 16, 05:10 UTC. | 1.10Tightest at Oct 16, 05:10 UTC. | 1.10Widest at Oct 16, 05:10 UTC. | 1.7MFrom 4091 ten-minute windows that passed the completeness check. |
| USDCADUSDCAD.ecn | 1.30 pips | 1.30 | 1.30The 95th percentile — one reading in twenty was worse than this. Widest at Oct 24, 22:30 UTC. | 1.30Tightest at Oct 24, 22:30 UTC. | 1.30Widest at Oct 24, 22:30 UTC. | 2MFrom 4099 ten-minute windows that passed the completeness check. |
| AUDUSDAUDUSD.ecn | 0.70 pips | 0.70 | 0.70The 95th percentile — one reading in twenty was worse than this. Widest at Oct 14, 17:50 UTC. | 0.70Tightest at Oct 14, 17:50 UTC. | 0.70Widest at Oct 14, 17:50 UTC. | 1.6MFrom 4089 ten-minute windows that passed the completeness check. |
| NZDUSDNZDUSD.ecn | 1.10 pips | 1.10 | 1.10The 95th percentile — one reading in twenty was worse than this. Widest at Oct 28, 08:40 UTC. | 1.10Tightest at Oct 28, 08:40 UTC. | 1.10Widest at Oct 28, 08:40 UTC. | 1.6MFrom 4089 ten-minute windows that passed the completeness check. |
| EURGBPEURGBP.ecn | 0.10 pips | 0.10 | 0.10The 95th percentile — one reading in twenty was worse than this. Widest at Oct 26, 07:50 UTC. | 0.10Tightest at Oct 26, 07:50 UTC. | 0.10Widest at Oct 26, 07:50 UTC. | 2.2MFrom 4086 ten-minute windows that passed the completeness check. |
| EURJPYEURJPY.ecn | 0.10 pips | 0.10 | 0.10The 95th percentile — one reading in twenty was worse than this. Widest at Oct 22, 05:30 UTC. | 0.10Tightest at Oct 22, 05:30 UTC. | 0.10Widest at Oct 22, 05:30 UTC. | 6.1MFrom 4061 ten-minute windows that passed the completeness check. |
| XAUUSDXAUUSD.ecn | 14.4 points | 14.4 | 14.6The 95th percentile — one reading in twenty was worse than this. Widest at Sep 28, 00:30 UTC. | 5.00Tightest at Sep 24, 04:40 UTC. | 106.0Widest at Sep 28, 00:30 UTC. | 9.9MFrom 3656 ten-minute windows that passed the completeness check. |
10 full-page captures of FX24's own site, archived so what they said can still be read after the pages change.
We have not confirmed any regulation for FX24. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
We have not confirmed any regulation for FX24. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
3 account types on record. Minimum deposit from USD 25. Leverage up to 1:500.
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| StandardStandard | USD 25 | 1:500 | 0 |
| ECNECN | USD 25 | 1:500 | 5 |
| Scalper ProPro · VIP | USD 1,000 | 1:500 | 6 |
Where FX24 says it will and won't take clients
Confirmed blocked
Named in the broker's own terms
Covered by a parent block
Territories a blocked country carries with it
3 ways to fund an account.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Bank Wire TransferWire TransferDeposits are credited within one working day of the money reaching the company's account. Withdrawal requests are processed on business days and may take 5 to 72 hours. Funds must be withdrawn by the same method and in the same currency used for the deposit and in a proportional amount, and the beneficiary must match the account holder; transfers received from a third party may be refused or returned. Accounts may be funded in USD, EUR and other currencies listed in the client area. Cash is not accepted. Transfer charges are borne by the client, and per-method fees and minimum and maximum limits are published only in the client area. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Up to 72 hours |
Credit/Debit CardsCredit CardThe broker lists credit and debit cards together and names no individual card scheme on its public site. Withdrawals must return to the same card used for the deposit, in the same currency and in a proportional amount, and the cardholder must match the account holder; a photograph of the card and a bank statement may be requested before funds are released. Withdrawal requests are processed on business days and may take 5 to 72 hours. Fees and per-method limits are not published publicly. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Up to 72 hours |
E-walletsE-WalletThe broker names no individual wallet provider on its public site; the available list is shown in the client area. Withdrawals must be made by the same method and in the same currency used for the deposit, and to a beneficiary matching the account holder. Withdrawal requests are processed on business days and may take 5 to 72 hours. Fees and per-method limits are not published publicly. | Not recorded | Not recorded | Not recorded | Not recordedNot recorded | Up to 72 hours |
One trading platform on record: MetaTrader 5.
MetaTrader 5 is the only trading platform FX24 offers, available as a Windows and macOS desktop client, as native iOS and Android apps, and as a browser-based web terminal, with the same account and trading conditions across every device.
5 domains on record. All active and served over HTTPS.
3 legal entities behind the FX24 brand.
FX24 names Bigray Finance Group LLC as the operating company. We could not confirm that registration on the registry.
3 other brokers on the record share what FX24 offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about FX24
Your only route is FX24 itself. With no confirmed regulator behind the broker there is no financial authority to escalate a complaint to, and no compensation scheme standing behind client money.
The channels FX24 publishes are live chat, email at support@fx24.market, the Baku telephone line on +994 12 436 54 12 and a Telegram support bot.
Yes. FX24 offers a swap free option on its accounts, which matters to traders who cannot pay or receive overnight interest.
Before funding an account, confirm with support which tiers it applies to and whether an administrative charge replaces the swap.
The range is narrow: about ten forex pairs, with roughly fourteen CFDs and ten crypto instruments alongside them.
That is small by industry standards, so check the instrument list against what you intend to trade before opening an account.
FX24's client agreement requires a customer to certify that they are neither a resident nor a citizen of the United States, Canada or Türkiye, so those three are refused.
The clause names no territory, so United States dependent territories are treated as covered by it. FX24 publishes no list of the countries it does accept, and its registration form offers the full standard list of countries including the three the agreement refuses, so the form is not a guide to who is actually taken on.
FX24 names three funding channels: bank wire transfer, credit and debit cards, and e-wallets.
It names no individual card scheme or wallet provider publicly, and its per method fees and minimum and maximum limits are shown in the client area rather than on the public site. A withdrawal must return by the method and currency used for the deposit, and to a beneficiary matching the account holder.
That depends on the account. The Standard tier quotes variable spreads from 0.7 pips and charges no commission, while the ECN and Scalper Pro tiers quote from 0.2 and 0.1 pips and carry a commission of 5 and 6.
Those commission figures are printed on FX24's own account comparison with no unit or currency beside them, so the full cost of a trade cannot be read off the public site with confidence.
FX24 processes withdrawal requests on business days, and the turnaround on its own funding terms is 5 to 72 hours rather than same day.
A withdrawal has to be taken by the same method and in the same currency as the deposit, in a proportional amount, and the beneficiary must match the account holder, so a payment to a third party is refused or returned. A minimum trading volume also has to be reached before a withdrawal can be requested, which means a balance is not freely returnable straight after funding an account.
Yes. FX24 names a demo account alongside its Standard, ECN and Scalper Pro live accounts.
The demo mode on the home page opens the same registration form as a live account, so signing up is the first step either way.
FX24 is operated by Bigray Finance Group LLC, which publishes registration number 1406246501 and a registered address at House 25E, Neighborhood 1978, Mammad Araz Street, Narimanov District, Baku AZ1069, Republic of Azerbaijan.
Those details come from the company's own website and have not been confirmed against the Azerbaijani corporate register, so they are the company's own statement rather than a verified fact.
Yes. FX24 links a Telegram support bot and a WhatsApp number on +44 7490 027362 from its own site.
The WhatsApp number is a United Kingdom mobile, while the office address and landline the company publishes are in Baku, Azerbaijan.
FX24 offers support in English, Persian, Arabic, Turkish and Pashto, which are the five languages its own live chat window can be switched between.
The website itself is published in English, Persian and Arabic.
FX24 publishes live chat, email and phone support on its own site. The support address is support@fx24.market, the published phone number is +994 12 436 54 12, and a live chat window sits on every page of the site.
The company also links a Telegram support bot and a WhatsApp number on +44 7490 027362, and its contact page carries a message form. Support is advertised as available around the clock.
The minimum deposit to open a Standard account is $25, as stated on the broker's own site.
A 5 percent fee is applied to deposits across the funding methods on record for FX24, and a minimum trading volume has to be reached before a withdrawal can be requested, so the amount you can trade and take back out is lower than the amount you send.
MetaTrader 5 is the only platform FX24 offers.
It comes as a Windows and macOS desktop client, as native iOS and Android apps, and as a browser based web terminal, with the same account and trading conditions on every device. FX24 publishes no proprietary platform of its own.
No. No financial regulator has been confirmed to authorise FX24.
The website presents the broker as licensed, but the registrations it actually publishes are corporate rather than regulatory: number 4044 is described in FX24's own terms as the registration of Bigray Finance Group LLC as a limited liability company in Saint Vincent and the Grenadines, and number 1406246501 is that company's Azerbaijani registration. A company registration establishes only that a company exists. It brings none of the protections a trading licence carries, such as supervision of client money or access to a compensation scheme.
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