24xforex Review 2026: Scam or Legit? Withdrawal & Risk Report

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Q&A

crest finance limited llc

Mar 19, 2022

ANSWER You mentioned two brokers, namely 24xforex and Crest finance limited. We conducted an investigation into these two brokers and found:1) 24xforex is not relevant to Crest finance limited;2) Both 24xforex and Crest finance limited are scams you should stay away from.24xforex is a scamWe have reviewed that 24xforex is an unregulated forex broker warned by multiple regulators, including FCA, CNMV and FSMA.Crest finance limited is a scamWe found that Crest finance limited used to be a registered firm with the Companies House (CH). However, the company status is abnormal and and the official company status is dissolved. Moreover, CH is merely the UK's registrar of companies, not the regulator that approves licenses for brokers in the UK. The truth is that we have found no regulatory information about Crest Financial on the UK Regulator's (FCA) online registry. So Crest finance limited is not regulated by any financial regulator. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a complete scam.Brokersview Reminder：We strongly recommend traders stay alert when dealing with unlicensed brokers as these brokers don't abide by laws and principles of operating. This means that once suffering scams during the transactions with unregulated brokers, investors are at high risks of losing money. Because unregulated brokers will not be punished by financial regulators. In other words, investors' complaints about unregulated brokers will seldom be accepted by regulators.As for your situation, we advise you to report this scam to your local authorities or the police, and try to get help from them.

Hi, I want to trade with this broker, is this a regulated platform?

Luke Bird

Dominican Republic

Mar 24, 2023

ANSWER 24xforex is an uregulated broker even though it states offers that look too good to be true.As we tried to access its website through the link mentioned in your question, we found that the domain "24xforex.com" is for sale. That is a bad sign for brokers since there may be no safeguards in place to prevent fraud or theft. In addition, as per relevant information we recorded, 24xforex has been warned by various authorities, including the UK's Financial Conduct Authority (FCA), the Spanish National Securities Market Commission (CNMV), and the Belgium Financial Services and Markets Authority (FSMA). You can check these full warning in the following links:1) FCA warning2) CNMV warning3) FSMA warningRegarding your question, 24xforex is an unregulated broker. Letting this broker hold and control your funds or trading with them is very risky. We would suggest investors stay away from such unlicensed brokers as 24xforex and trade with fully regulated brokers.

18 comments

linda

Hii i am trading this broker last year. their excutions too bad, they cheating when u trading. Beware this broker.

Jun 11, 2024

Chan Yeen Asare Boakye

I've faced issues with 24xforex's withdrawal process. Delays and lack of communication have made accessing my funds frustrating.

Sep 15, 2023

Max Azaladze

They have the highest spreads in the market 50-60 pips for gold , eurusd 15-20 pips This is not a true ecn broker, they are constantly manipulating prices on their platform and tend to cause artificial slippage when opening positions + artificial spread widening. executing your order at a slightly worse price.

Sep 12, 2023

Costas Paulenco

This platform is a big scamFinally got a refund.Took more than two months atter returnrequest and atter sending countless emailsback and forth…

Sep 05, 2023

Mikhail Saiyed

I strictly do not recommend working with 24xforex. There are too many negative reviews about the company. Moreover, they deceive their clients about regulation.

Sep 01, 2023

Munyaradzi Mfouapon

Listen, I've played enough games – waiting for withdrawals shouldn't be one. 24xforex, the wait times are dragging the groove down.

Aug 30, 2023

Vera Arago

What i dislike about this broker is the significant mark-up on spreads, a limited range of trading istruments and limited additional offerings

Aug 30, 2023

Jonathan Catalanello

I joined this broker earlier in the year. The login process is woeful and takes so long. definitely my least broker to pick. Bad 24xforex!!!

Aug 23, 2023

Lonwabo

24xforex has a great website that is great for both newbies and experts traders and that is easy to navigate. Also their customer service is top-notch. 24xforex also offers great insights concerning the markets and assets to help you make profits. The only issue I have is the time it takes for me to withdraw my money. It takes a few hours but I wish they made it possible to withdraw within minutes.

Aug 31, 2022

fortuneA

After I signed up with 24xforex, a fellow friend commend me Pete to guide me this newbie in the crypto indusry. He is patient and professional. Pete even went a step ahead to help me do some trading whereby at the end of the first week I had made some cool profits. The withdrawal process at 24xforex.com is also very friendly hence I have all reason to tell you this is the ideal place for any crypto trader.

Aug 31, 2022

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24xforex

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crest finance limited llc

Hi, I want to trade with this broker, is this a regulated platform?

18 comments

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