Trade 24 seven has been flagged by Comisión para el Mercado Financiero (Financial Market Commission) 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.
The so-called education at Trade 24 seven is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about eight months thinking they would help me learn.
Pros: Easy withdrawals|Customizable dashboard|Multi-currency support
Cons: Withdrawal takes 1-2 business days|No integrated tax optimization
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Trade 24 seven has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Do not believe the bonus offer from Trade 24 seven. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Quick verification|Detailed reporting|Automated trading options
Cons: Limited cryptocurrency options|Limited social trading features
The mobile app from Trade 24 seven is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Automated trading options|Risk management tools|Helpful community forum
Cons: Wish they had more educational resources
Trade 24 seven locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Excellent charting|Instant funding
Cons: No phone support on weekends|Slow to add new assets
Trade 24 seven changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Clean UI|Intuitive for beginners
Cons: Some tools only available on higher tiers|Search feature is basic
If you are reading this considering Trade 24 seven - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Fast deposits|Easy withdrawals|Multiple order types
Cons: Withdrawal takes 1-2 business days|Some tools only available on higher tiers
For anyone considering Trade 24 seven, please be aware that this company has been flagged by Comisión para el Mercado Financiero (Financial.... This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
I had a dispute with Trade 24 seven 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: Excellent charting|Wide product range
Cons: Live chat only during business hours
What really bothers me about Trade 24 seven is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a trusted YouTuber reviewed them and I fell for the polished exterior. Never again.
Pros: Helpful community forum|API access|Fast execution|Economic calendar
Cons: Withdrawal takes 1-2 business days|Currency conversion fee exists