24markets.com Is This CFD Broker Appropriate for You?

24markets.com is an online CFD provider that offers a regulated environment where traders from all over the globe can buy/sell a diverse array of assets.

Regarding the Broker

Due to local regulation, users from certain nations, such as the United States and certain EU countries, are not permitted to register. Nonetheless, if you are eligible for an account, you should investigate what this broker has to offer.

 

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Upon registering for a live account, you enter into a relationship with a regulated brokerage, which is crucial to note. 24markets.com is owned by an FSCA-licensed, regulated investment firm with license number 50640. This indicates that your funds are kept separate and that all services provided are professional and open.

Trading over 2000 CFDs

The number of assets and asset classes to which you have access from a single account distinguishes this broker in our estimation. You currently have access to over 2,000 CFDs based on:

 

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  • Stocks
  • Indices
  • Commodities
  • Forex Crypto

    This list contains a wide variety of global equities, tens of currency pairings, and twenty or more cryptocurrencies (including Bitcoin, Ethereum, Litecoin, Dash, Ripple, Cardano, etc.). 24markets.com's utmost leverage is 1:300, but note that this only pertains to highly liquid instruments, such as the main FX pairs.

    WebTrader, a proprietary platform, or MetaTrader 5, a prominent solution developed by MetaQuotes, are utilized for trading. Both of these platforms are interoperable with a variety of devices and provide numerous trading tools.

    24Markets WebTrader trading platform

    If you opt for WebTrader, no installation is required and the entire asset inventory is accessible. MT5, on the other hand, must be installed on your devices, and in this case you can only trade over 350 CFDs.

    Account Kinds

    There are four classic accounts to choose from (Discovery, Gold, Platinum, and Exclusive VIP) and two ECN accounts (Classic ECN and PRO ECN). The modest $100 minimum deposit required for a Discovery account particularly caught our attention. This is a very reasonable sum.

24markets.com personalized training

Even if you choose this tiny account, you are entitled to a daily analysis, access to the Events Trade feature, and 24-hour customer support. Trading Central, assistance from a dedicated account manager, premium analysis, and narrower spreads are added benefits associated with opening a larger account. Spreads are even lower with ECN accounts, but you should be aware that trading commissions are affixed.

Education

Before exploring the markets, the first query most traders ask themselves is, "What are CFDs and how can I take advantage of them?" Well, 24markets.com allows you not only to search for market opportunities, but also to learn about them. You have access to a comprehensive inventory of educational content and market analysis tools after registering.

 

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The 24markets.com company logo
Beginning with the Gold account, all clients have access to a dedicated account manager and around-the-clock personalized support. Trading Central should also be extremely beneficial. This third-party utility offers insights on prominent instruments, such as currencies, commodities, and indices.

Final Reflections

It appears that opening an account with 24markets.com is a good idea, as it not only promises but also provides excellent trading conditions. You are supported by a licensed broker who operates with integrity and transparency. There will be no shortage of assets to trade, as the list contains over 2,000 CFDs. In addition, they've done an excellent job with the WebTrader platform, a user-friendly and robust solution.

 

 


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