RealFXTrades24 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. Website domain: www.realffxtrades24.com.
I have been trying to close my account with RealFXTrades24 for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Social trading features|Two-factor authentication|Real-time alerts|Automated trading options
Cons: Limited demo account features
I had a dispute with RealFXTrades24 and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Instant funding|Personal attention|Educational resources|Excellent charting
Cons: Wish they had more educational resources|No fractional shares
I am in a dispute with RealFXTrades24 over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Real-time alerts|Detailed reporting|Multiple order types
Cons: Research section could be deeper|Account statements could be more detailed
Several red flags with RealFXTrades24: (1) They promise unrealistically high returns, (2) They're not registered with Financial Conduct Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
I opened an account with RealFXTrades24 since the beginning of the year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Risk management tools|Reliable uptime|Good analytical tools|Wide product range
Cons: Email notifications too frequent
I gave RealFXTrades24 a fair chance. After for over a year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Risk management tools|Multiple order types|Dividend tracking|Fast deposits
Cons: No integrated tax optimization
The only good thing about RealFXTrades24 is that they remind you why regulation matters. I found them after reading several online reviews. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Social trading features|Portfolio tracking tools
Cons: Minor UI glitches occasionally|Help articles are sometimes vague
I signed up with RealFXTrades24 after seeing their ad online and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Easy withdrawals|Regular updates|Two-factor authentication
Cons: None so far
RealFXTrades24 advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Personal attention|Portfolio tracking tools|API access
Cons: Account statements could be more detailed|Withdrawal takes 1-2 business days
I had high hopes for RealFXTrades24 after my brother mentioned them, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Clean UI|Dedicated account manager|Real-time alerts
Cons: No dark mode on mobile