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Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

FX24 Broker

Azerbaijan Azerbaijan | 2-5 years |
ECN Account Suspicious Regulatory License | MT5 Full License | Regional Brokers | High potential risk

https://fx24broker.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

BigrayFinanceGroup-Server

United Kingdom
United Kingdom
MT5
2

Influence

D

Influence index NO.1

Turkey Turkey 2.52

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
BigrayFinanceGroup-ServerMT5
Server LocationUnited KingdomUnited Kingdom

Influence

Influence

D

Influence index NO.1

Turkey Turkey 2.52
Surpassed 18.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+994 12 436 54 12
https://fx24broker.com/
Mammad Araz Street, Narimanov District, Baku City, Azerbaijan Republic

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region
Azerbaijan
Operating Period
2-5 years
Company Name
BigRay Finance Group LLC
Customer Service Email Address
support@fx24broker.com
Contact Number
+994124365412
Account
Related Software
Biz Area
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
1
MT5 Servers
261.50
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Meta Trader 5
Perfect

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Official Website

Website

  • fx24broker.com
    51.68.190.149
    Server Location
    France France
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Review summary

FX24 Broker, operating under the legal name BigRay Finance Group LLC, is a financial entity registered in Azerbaijan with a business history of 2-5 years. It operates without authorization from any recognized financial regulator, meaning client funds are not protected under standard oversight frameworks. Its WikiFX total score of 1.87 reflects fundamental concerns regarding its unregulated status and operational structure. The broker provides a MetaTrader 5 platform and offers multiple account types with diverse conditions, including a 'Master' account requiring a $5,000 minimum deposit and leverage up to 1:500, and a standard account accessible from $50. While it presents various trading options, the complete absence of regulatory oversight necessitates a high degree of caution from prospective clients. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-24)

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High potential risk

Wiki Q&A

What is the risk profile and reliability of FX24 Broker?

FX24 Broker presents a high-risk profile due to its lack of credible regulatory oversight, as it operates as an unregulated entity under the legal name BigRay Finance Group LLC, registered in Azerbaijan.

Two days ago
United States

What is the current regulatory status of FX24 Broker?

FX24 Broker operates without a valid forex trading license from any major financial authority; it has no verified regulatory licenses on record, and its regulatory index score is 0.0, confirming the absence of mainstream regulatory supervision.

Two days ago
United States

Is FX24 Broker suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose FX24 Broker or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

Two days ago
United States

What essential information should I know before trading with FX24 Broker?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

Two days ago
United States
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