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FX24

No Regulation
United Kingdom
,
Since 2017
Last Updated:
24/100
Overall Score

Trading Conditions

Min Deposit:
EUR200
Max Leverage:
300
Account Types
basegoldpremium

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 0%, 4: Spread 0%, 5: Account Type 24%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
0%Poor
Spread
0%Poor
Account Type
24%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:FX24
Founded:2017
Headquarters:United Kingdom
Enterprise Offices:1offices

Customer Support

Phone:
+44 20 380 869 68
Live Chat:
Not Available
Response Time:
Languages:
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Is FX24 a scam?

Wikilix independent safety report

Read the full report
0%Scam risk
Confirmed scamConfidence: HIGH
1.5/5Safety rating 1.5 out of 5

Yes. FX24 (fx24.one) shows the hallmarks of a scam broker, and it now appears defunct. Italy's market regulator CONSOB ordered the website blocked as an unauthorised operator, and the Financial Commi…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency9/10 · CriticalWithdrawals & conduct8/10 · CriticalReputation9/10 · CriticalWebsite claims9/10 · CriticalOperational history7/10 · High
Editorial review
Updated

Broker Summary

What Wikilix has recorded about FX24: its history, the licences it holds, its trading conditions and its fees.

FX24 Broker Overview

FX24 is a retail forex and CFD brand that traded under the domain fx24.one. The company named in connection with it is FX24 LIMITED, a private limited company on the United Kingdom register under number 11107407. The brand offered three tiered trading accounts with minimum deposits from 200 euros to 25,000 euros and leverage up to 1:300. It has no confirmed financial services licence in any jurisdiction, and fx24.one is no longer a registered domain name, so the website a client would use to reach the service does not resolve.

FX24 Regulation and License

FX24 falls into the category of no confirmed regulation. This is not a case of a licence claim that failed verification: no regulator, no licence number and no authorisation of any kind could be established for the brand or for FX24 LIMITED. A United Kingdom company offering leveraged forex or CFD trading to retail clients would require authorisation from the Financial Conduct Authority, and the brand publishes no regulatory disclosure of its own that could be put to any authority's register. FX24 LIMITED is a company registration, and a company registration is not financial regulation: it permits a company to exist and says nothing about permission to hold client money or to deal in leveraged products.

Is FX24 Regulated?

No. FX24 has no confirmed financial services licence, and no supervising authority is named for it. The practical consequence for a client is that there is no statutory compensation scheme behind the account, no financial ombudsman to escalate a dispute to, and no supervised requirement that deposits be held separately from the company's own funds.

FX24 LIMITED

FX24 LIMITED is the only legal entity that can be documented for this brand. Companies House records it as incorporated on 12 December 2017, active, with its registered office at 75 Blackwell Road, Coventry, CV6 5JS, and its nature of business recorded under SIC code 64205, activities of financial services holding companies, rather than any dealing or brokerage classification.

The company has filed accounts for a dormant company for every financial year from 2018 through to 2025. A dormant filing is a statement to the registrar that the company had no significant accounting transactions during the year, which cannot be reconciled with a company operating a retail trading service. Its sole active officer is a named British director appointed at incorporation whose identity has been verified to the registrar's standard, which is a point of transparency in an otherwise thin picture. The register also carries a statement that there is no registrable person with significant control, so ultimate ownership is not disclosed, and the registered office was 71 to 75 Shelton Street, London WC2H 9JQ, a large multi-occupancy accommodation address, until it moved to Coventry in February 2019.

Is FX24 Safe?

FX24 cannot be treated as safe to fund. The operation has no confirmed regulation, the only company named for it has reported itself dormant in every year of its existence, and the domain it traded under no longer exists, which leaves no working route to an account, to support or to a withdrawal request. That a real and identifiable company sits on a public register behind the brand is a genuine point in its favour, and it is why this is a documented rather than an anonymous operation, but company existence is not client protection.

FX24 Account Types

Three account tiers are on record for FX24, separated mainly by minimum deposit:

  • base: from 200 euros, spread from 2.0
  • gold: from 5,000 euros, spread from 3.0
  • premium: from 25,000 euros, spread from 1.3

The minimum trade size is 0.01 lots on every tier. No account currency, execution model or commission figure is published for any of them. The tiers also do not follow the usual pattern in which a larger deposit buys a tighter spread, since the middle tier carries the widest spread of the three.

FX24 Spreads, Commissions and Fees

The tightest spread on record for FX24 is 1.3, reserved for the 25,000 euro premium tier. No commission per lot is published for any account, and no swap, inactivity or withdrawal fee schedule is available anywhere. Because the brand publishes nothing of its own that can be checked, these figures are indicative and are not a fee schedule a client could rely on.

FX24 Leverage

The highest leverage on record is 1:300, on the entry level base account. Gold is limited to 1:50 and premium to 1:100, so leverage falls as the deposit requirement rises, which is the reverse of the usual arrangement.

FX24 Support

The contact points on record for FX24 are the telephone number +44 20 380 869 68 and the email address support@fx24.one. The email address depends on the fx24.one domain, which is no longer registered, so mail sent to it cannot be delivered. No live chat, support hours, complaints address or supported languages are documented.

FX24 Pros and Cons

Strengths:

  • A named legal entity that can be found on a public register, with a named and identity verified director.
  • A low entry deposit of 200 euros on the base tier.

Limitations:

  • No confirmed financial licence in any jurisdiction, and no regulator named.
  • The named company has filed as dormant in every year since it was incorporated.
  • The fx24.one domain is no longer registered, so neither the website nor the published email address is reachable.
  • No trading platform, funding method or withdrawal term is published.
  • Ultimate ownership is not disclosed on the register.

FX24 Review and Assessment

FX24 is a brand with a documented corporate shell behind it and very little else a prospective client could act on. The most important consideration before funding an account is that there is no reachable service at all: the domain has lapsed, the published email address cannot receive mail, and the company named for the brand reports no trading activity to its own registrar. Anyone still holding a balance should treat recovery as a matter for their payment provider and, where relevant, their national financial authority, rather than expecting the brand's published channels to answer.

Regulation check

Regulatory Licenses

We have not confirmed any regulation for FX24. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

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

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from EUR 200. Leverage up to 1:300.

3 account types
AccountMin DepositLeverageCommission
baseBasic · StandardEUR 2001:300Not recorded
goldGold · VIPEUR 5,0001:50Not recorded
premiumPremium · VIPEUR 25,0001:100Not recorded
Account names and conditions as published by FX24, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • fx24.liveBackupActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Legal entities

Corporate Network

One legal entity behind the FX24 brand.

1 entity
  • FX24 LIMITEDActiveUnited KingdomRegistration 11107407Established Dec 12, 2017Active on the UK register since 12 December 2017, registered under SIC 64205 as a financial services holding company, and filed as dormant for every financial year from 2018 to 2025.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

FX24 names Swiss Management Corporation Ltd as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
Swiss Management Corporation Ltd
Registration number
24447 IBC 2015
Jurisdiction
Saint Vincent and the Grenadines
Registry
Financial Services Authority, Saint Vincent and the Grenadines (company register, not publicly searchable)

Comments

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