Review of CFD broker 24FXG: essence of the scam and traders’ reviews
24FXG – CFD broker, brief overview
24FXG is a company offering CFD trading, but its suspicious origin raises doubts. The broker’s official website attracts users with enticing promises of high profits, though the reality falls far short of these promises. Reliability, security, and prompt fund withdrawals turn out to be mere myths. Reviews of 24FXG confirm the negative experience of dealing with this company. In this overview, we will delve into the essence of the scam and share traders’ feedback.
24FXG Website: Appearance and Content
The official 24FXG website looks standard, with primitive fonts and color scheme. The information on the site is limited, creating an impression of superficiality and vagueness. The “About Us” section contains standard formulations, and the educational materials are extremely superficial. Important information about licenses and regulators is hidden at the bottom of the page, making it less accessible. The site is presented in two languages, but the adaptation for Russian-speaking users leaves much to be desired.
License and Company Information
The lack of specific information about the company’s origin is a red flag. Checking the domain’s age revealed that the site has been in existence for only 219 days, indicating a lack of long-term experience. The license is attributed to WideMedia Limited, but finding reliable data about this company is practically impossible. The company documents disclaim any financial responsibility.
Trading Conditions and Accounts
The company’s compiled trading conditions include various types of accounts and promises of quick fund withdrawals. However, customer experience tells a different story – trading on the platform turns out to be fictitious, and the terms of the deals do not contribute to traders’ success. The “Standard,” “Premium,” and “Ultimate” accounts offer different opening and usage conditions.
Registration on the Website
The registration process on the 24FXG website is simple and accessible to everyone. Users are asked to provide basic information, including name, surname, email address, phone number, and date of birth.
Technical Support
The company’s contact information indicates round-the-clock technical support. However, user reviews attest to the incompetence and inefficiency of the technical support. Operators may be unable to assist customers, ignoring their questions and issues.
Customer Reviews
User reviews on independent resources are mostly negative. Clients complain about fraud and difficulties with fund withdrawals, expressing disappointment in the company 24FXG.
The Essence of the Scam
The scam scheme on the 24FXG website starts with promises of easy earnings. Operators are persistent in their offers and may pressure clients to deposit funds. The trading opportunities offered often turn out to be fictitious, and discussions about fund withdrawals lead to an account block.
Conclusions
24FXG is a questionable company with numerous negative reviews and empty promises. Dealing with it can only lead to disappointment and financial losses. It is recommended to avoid any dealings with this company.