finaventures24.net has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Do not be fooled by the professional-looking website. Behind the scenes, finaventures24.net is disorganized and incompetent. I found them when my bank disappointed me and I searched for alternatives and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Quick verification|Multi-currency support|Tax reports included
Cons: Limited demo account features|No phone support on weekends
After spending since last summer trying to make finaventures24.net work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Clear documentation|API access|Regular platform improvements
Cons: Slow to add new assets|Spreads widen during volatile periods
After seeing ads for finaventures24.net online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Conduct Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Unauthorized firm|Found in IOSCO warnings database
My card was charged twice by finaventures24.net on the same day. I had to dispute it with my bank. finaventures24.net then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Personal attention|Wide product range|Good mobile app|Regular platform improvements
Cons: Could offer more webinars
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I was contacted by finaventures24.net through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I wanted to transfer my portfolio from another broker to finaventures24.net. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Responsive team|Clear documentation|Clean UI
Cons: Some tools only available on higher tiers|Spreads widen during volatile periods
I requested my data from finaventures24.net under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Multi-device support|Educational resources
Cons: No fractional shares|No live chat on mobile
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. finaventures24.net said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Regular platform improvements|Real-time alerts
Cons: Website design could be more modern|None so far
I lost a significant amount because finaventures24.net did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Helpful community forum|Smooth onboarding|No hidden fees
Cons: Could offer more webinars