24Markets Broker Review 2025 – 24Markets.com Is Legit or Scam?

About 24Markets

According the brokers website The provision of services on 24markets.com is facilitated by Prime Capital Markets (PCM) LTD, an esteemed entity authorized and regulated by the Financial Services Commission (FSC) of Mauritius. The company is duly incorporated in Mauritius with Registrar No.: 205994 and maintains its registered office at: 8th Floor, Suite 803, Hennessy Tower, Pope Hennessy Street, Port Louis, Mauritius.

The website also claims 24markets.com stands as the distinguished brand of Prime Capital Markets (PCM) LTD, an investment firm meticulously regulated by the Financial Services Commission (FSC) of Mauritius, holding Global Business License No. GB23202449 under Code FS-4.1.

Is 24MARKETS.COM safe?

24Markets.com may appear to be a promising investment platform, often promoted through emails, online forums, and social media. While the website looks professional, the real question is whether 24Markets.com is a legitimate and safe platform for trading.

It is regulated by the Financial Services Commission (FSC) of Mauritius - a regulator that is not considered top-tier in the financial industry. Because of this, trusting 24Markets.com could involve significant risk.

Customer reviews about 24 Markets

These real user reviews will give you the answer to the question you see in the title: whether 24Markets is a scam or legit?

1. Poor Customer Service & Unprofessionalism

A user shared his experience, stating that he had an extremely bad experience with 24Markets customer service. He claimed to have lost $45,500 in just one month due to their poor support and practices.

2. Do Not Trust 24Markets

Another user issued a strong warning to fellow traders, saying he also lost his money with this “terrible investment firm.” What happened next? You can read it in the screenshot below.

3. Attractive Bonuses & Withdrawal Scam

Saima reported that 24Markets scams users when it comes to withdrawals. They lure people in with attractive bonus offers. She created an account with them, but later they didn't allow her to withdraw her profits. She warns: If you invest with them, you risk losing all your money.

4. Misleading Bonus Offers, Fake Protection Trades & High Swaps

Another user wrote a detailed review outlining the major problems with 24Markets.com.

He highlighted issues like:

• Misleading bonus offers

• Fake “protection trades”

• Extremely high commissions and swap rates compared to other brokers

• Poor communication

• Unreliable trading signals

You can find more about this in the screenshot below to judge for yourself whether 24Markets.com is legit or a scam.

5. 24Markets.com Changed to Hotrades.com

One user brought up an interesting point and claims that 24Markets.com has changed its name to Hotrades.com. He said the broker initially shows profits to gain your trust and later takes all your money.

6. Others Simply Call It Scam

Two users reported that the company is irresponsible and unresponsive.When asked for a refund, they were told to submit more money to withdraw their own funds.Another user simply called 24Markets a scam.

We hope you can now identify whether 24Markets (24Markets.com) is legitimate or a scam. Be cautious and invest your money carefully.

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