M24 Markets Review
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Fast Facts
Contact Info and Support
Traffic information
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| Estimated monthly visits | December 2025 | 0 |
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About M24 Markets
M24 Markets operates under the name M24 Markets Ltd, registered in England and Wales with company number 13872012 and a registered address of 24 King William Street, London, EC4R 9AT; it also lists an address in Mumbai, India. It offers CFD trading across asset classes including Forex, Indices, Metals, Energies and Cryptocurrencies, using MetaTrader platforms (MT5 referenced on its site, MT4 noted by WikiFX) and advertises features such as leveraged trading up to 1:500, negative balance protection, segregated client funds, minimum deposit levels (from USD 100 per some sources, from USD 5 000 per others), and multiple account types (“Beginner,” “Pro,” “Advance”) with spreads ranging from approximately 2 to 5 pips depending on account type ().
The UK Financial Conduct Authority (FCA) issued a public warning on 30 August 2022 stating that M24 Markets is an unauthorised firm providing financial services in the UK; as a result, clients have no recourse to the Financial Ombudsman Service or compensation via the Financial Services Compensation Scheme ().
No evidence of regulatory authorisation by the FCA or any other recognised financial regulator exists. Multiple independent reviews and watchdogs classify M24 Markets as unregulated or a scam, and raise concerns about its legitimacy, anonymity of corporate details, possible manipulation of trading conditions, refusal of withdrawal requests, and high risk of client fund loss ().
Pros and cons
Pros
- Offers access to multiple asset classes including Forex, Indices, Metals, Energies and Cryptocurrencies.
- Provides industry-standard trading platforms (MT4 and MT5) and claims segregated accounts and negative balance protection.
Cons
- Not authorised or regulated by FCA or any major financial regulator.
- FCA issued a warning against it for unauthorised operations in the UK.
- Discrepancies in reported minimum deposit levels and spreads across sources.
- Numerous allegations of withdrawal issues, manipulated trading conditions and general unreliability.
