Forex24 Review (2021)

forex24

Forex24 is an online Forex and CFD broker that is a brand owned and operated by Lydya Financial Ltimited. Forex24 has been providing a wide range of excellent trading instruments such as Forex, Metals, Energies, Equities, Indices and Cryptocurrencies in the financial market.

Security

Forex24 is a member of the Investor Compensation Fund and ensures that all clients’ funds are held securely in segregated accounts in top tier EU banks.

Trading Platforms

Forex24 provides the MetaTrader 4 trading platform for Desktop, WebTrader and Mobile Apps.

forex24-platform

MT4

  • Spreads as low as 0.3
  • Pioneering Automated Trading system – Expert Advisors
  • 1 Click Trading
  • Technical Analysis Tools with 50 indicators and charting tools
  • Hedging allowed
  • VPS Functionality
  • Multilingual Platform
  • Trailing stop loss facility

MT4 Mobile App

  • Full MT4 Account Functionality
  • 3 Chart Types
  • Market and conditional entry orders
  • Set stop and limit orders
  • The ability to trade from multiple accounts
  • Live Quotes
  • Interactive Charts
  • Real time charting
  • Comprehensive range of chart types
  • Multiple time frames
  • Over 30 technical indicators from our MT4 Trading Software
  • The ability to check your balance, equity, margin information and more
  • Mobile trader auto syncs to desktop platform
  • Edit Open Positions
  • Full Trading History Journal

WebTrader

  • Works with any browser
  • No downloads, Flash or Java required
  • You will keep your MT4 login and password
  • Trade directly from the chart
  • Multi-language support
  • View aggregated positions
  • Advanced “Close All” functionality
  • Real-time quotes and execution
  • Fully synchronized with MT4
  • Dynamic order routing

Resources

  • Glossary
  • Economic Calendar

Accounts

  • Bronze
  • Silver
  • Gold

forex24-account

Costs

Forex24 offers floating spreads from 1.2 pips, maximum leverage of 1:400 and minimum deposit is $0. Deposits can be made through bank transfer, visa/master and skrill.

Customer Support

Forex24 provides multilingual customer support 24/5 via live chat, email and telephone.

Regulation

Forex24 is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Conclusion

Forex24 is an online broker that provides a wide range of excellent trading services to the trading markets. Forex24 offers several accounts and the popular MetaTrader 4 platform for desktop, webtrader and mobile apps. Forex24 offers spreads from 1.2 pips, maximum leverage of 1:400 and no minimum deposit. Forex24 is a member of the Investor Compensation Fund and ensures that all clients funds are kept secured in segregated accounts. Forex24 is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Rating:3 stars

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