✔️ Information reviewed and updated in April 2024 by Eduardo López

24NewsTrade opinion

Opinions and information about the 24NewsTrade broker

Is it the broker 24NewsTrade really reliable (aka 24news.trade) ? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.

Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.

The 24NewsTrade broker is a broker of: CFDs and Forex.

The broker mentions to to be part of: Baumont Group LTD.

24NewsTrade is based in: Saint Vincent and the Grenadines.

If we talk about regulation, 24NewsTrade is: they don't mention anything about being a regulated broker, 24NewsTrade is an unregulated broker.

24NewsTrade website
24NewsTrade website

We will continue to analyze the different account types that 24NewsTrade offers. In the case of 24NewsTrade we note that they have 6 different plans or types of account: the Basic Account, the Standard Account, the Trader Account, the Pro Account, the Pro + Account and the VIP Account.

Basic Account- Minimum initial deposit of $ 250, 3 pips spread, fixed leverage up to 1:50, account manager, introduction to the platform, introduction to the financial market, bonus.

Standard Account: minimum initial deposit of $ 2.500, 3 pips spread, fixed leverage up to 1: 500, account manager, introduction to the platform, introduction to the financial market, bonus, technical analysis, fundamental analysis, short and long term strategies, management risky.

Trader Account: minimum initial deposit of $ 5.000, 2.1 pips spread, fixed leverage of up to 1: 1000, account manager 24 hours 5 days a week, introduction to the platform, introduction to the financial market, bonus, technical analysis, fundamental analysis, strategies short and long term, risk management, advanced trading strategies, courses, insurance up to 30%.

Pro Account: minimum initial deposit of $ 25.000, 0.7 pips spread, fixed leverage up to 1:50, account manager 24 hours 7 days a week, introduction to the platform, introduction to the financial market, bonus, technical analysis, fundamental analysis, strategies short and long term, senior account manager, daily market overview, private webinar with an expert, live trading with an expert, enhanced risk management, advanced trading strategies, courses, up to 50% insurance.

Pro + account- Minimum initial deposit of $ 100.000, fixed leverage up to 1:10, 24/7 account manager, platform introduction, financial market introduction, bonus, technical analysis, fundamental analysis, short and long term strategies , senior account manager, daily market overview, private webinar with an expert, live trading with an expert, enhanced risk management, advanced trading strategies, courses, up to 70% insurance, market expert, unlimited access to VIP webinars, individual market education with experts, personal risk assessment and management with experts.

VIP account- Minimum initial deposit of: contact 24NewsTrade, fixed leverage up to 1: 1, 24/7 account manager, platform introduction, financial market introduction, bonus, technical analysis, fundamental analysis, short strategies and long term, senior account manager, daily market overview, private webinar with an expert, live trading with an expert, enhanced risk management, advanced trading strategies, courses, up to 70% insurance, market expert , unlimited access to VIP webinars, individual market education with experts, personal risk assessment and management with experts. Request details from 24NewsTrade for more information.

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The trading platforms used are: the 24NewsTrade platform.

Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that 24NewsTrade offers, not much more really.

24NewsTrade Features

Would you like to know the best 2021 broker ? Find out HERE

Additional information about the company

Phone number: +34-91-038-96-84

E-mail: [email protected] y [email protected]

Website: 24news.trade, 24news.tools and 24news-trade.com

Clarification: The investment company 24NewsTrade works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.

* Bonuses or promotions: None by the moment

24NewsTrade valuation

Caution, scam broker

Caution: unregulated broker

With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.

Why? It is an unregulated broker, based in unsafe countries (Saint Vincent and the Grenadines), when looking for information and other reviews on 24NewsTrade we found a large number of negative reviews. The broker is related to another broker warned by the CNMV, the StockFX broker

June 2020 update: CNMV, Spanish financial regulator, has reported 24NewsTrade due to fraudulent activities 

❗ November 2020 update: FCA, UK financial regulator, has reported 24NewsTrade due to fraudulent activities.

❗ June 2021 update: BaFin, Germany's financial regulator, has reported 24NewsTrade due to fraudulent activities.

❗ September 2021 update: FMA, Austrian financial regulator, has denounced 24NewsTrade due to fraudulent activities.

🚫 Link to the warning 🚫 on the official website of FMA.

Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.

Are you part of 24NewsTrade? Are you a representative or worker of the company? Write to us here >> use this form << 

↓ ↓ ↓ Traders and users score

Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review Rating

108 comments on «24NewsTrade - 24news.trade»

  1. Christopher Reply

    Hello I have also been scammed, and I wanted to report

    • reliableforexbroker.com Reply

      Hello Christopher, everything that is to report them through our website helps more people give us details to be able to put an end to that Broker, if you read the comment that Adriana Aguirre wrote to us ( https://brokersdeforexconfiables.com/mychargeback-opiniones/#comment-24467 ) you can know that He got his money back without paying lawyers or lawsuits and without waiting 2 or 3 years for everything to finish !!!. As you well know, this broker called 24Newstrade is a SCAM, the CNMV, the financial regulator of Spain, has denounced 24Newstrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Broker employees are people who have practically not finished basic school and put them to do commercial work to convince their clients that they are the best traders in the world and to send them money to make them earn a lot of money, but in the end they lose EVERYTHING.
      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors.
      We recommend to all those affected recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      A greeting.

  2. Sean Reply

    They are right, mychargeback does work. More than 10.000 euros recovered. I just had to turn in a few papers and then wait for a week or so, but in the end they managed to give me the money. Thank you all for the help and information.

    • reliableforexbroker.com Reply

      Hello Sean, what a fantastic news! We thank you for telling us, we know that sometimes people have doubts but we know that many times it is achieved. Our recommendation is that if you intend to invest again, first check the name of the broker on our website or you can also ask us and we will be happy to help you.

      We recommend all those affected to try to recover the money through companies specialized in this type of management from the CHAT that we have on the web or in the following link: Get your money back, we are on your side

      Before making another investment decision, check out this link: https://zuverlassigerforexbroker.com/beste-Makler-2021/

      Cheers.

  3. Mc Reply

    The 24NEWS TRADE platform scammed me € 215000, they don't want to return it to me

    • reliableforexbroker.com Reply

      Hello Mc, everything that is to report them through our website helps more people give us details to be able to end that Broker, if you read the comment that Adriana Aguirre wrote https://brokersdeforexconfiables.com/mychargeback-opiniones/#comment-24467 ) you can know that He got his money back without paying lawyers or lawsuits and without waiting 2 or 3 years for everything to finish !!!. As you well know, this broker called 24Newstrade is a SCAM, the CNMV, the financial regulator of Spain, has denounced 24Newstrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Broker employees are people who have practically not finished basic school and put them to do commercial work to convince their clients that they are the best traders in the world and to send them money to make them earn a lot of money, but in the end they lose EVERYTHING.
      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors.
      We recommend to all those affected recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      A greeting.

  4. Gus Reply

    is there a scam platform or something against this group of thieves? I think there are many of us and that if we unite and demand maybe we can achieve something

    In my experience they make you invest and invest, they call you daily, they earn your trust, they pretend to be SERIOUS investors and then when you don't want to / can invest more they disappear, they don't answer messages, they don't answer phones BUT BEWARE !!!! If you tell them that you have more money to invest they call you instantly !!! They're thieves!!!!

    • reliableforexbroker.com Reply

      Hello Gus, I don't know if suing is the fastest solution to recover the capital, you have tried to speak with our CHAT so that they value it and tell you if you have options, perhaps in 2 months you have recovered it. if you read the comment that Adriana Aguirre wrote us ( https://brokersdeforexconfiables.com/mychargeback-opiniones/#comment-24467 ) you can know that He got his money back without paying lawyers or lawsuits and without waiting 2 or 3 years for everything to finish !!!. As you well know, this broker called 24Newstrade is a SCAM, the CNMV, the financial regulator of Spain, has denounced 24Newstrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Broker employees are people who have practically not finished basic school and put them to do commercial work to convince their clients that they are the best traders in the world and to send them money to make them earn a lot of money, but in the end they lose EVERYTHING.
      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors.
      We recommend to all those affected recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      A greeting.

      • reliableforexbroker.com

        Hello Gus and Elena, I don't know if suing is the fastest solution to recover the capital, you have tried to speak with our CHAT so that they value it and tell you if you have options, perhaps in 2 months you have recovered it. if you read the comment that Adriana Aguirre wrote us ( https://brokersdeforexconfiables.com/mychargeback-opiniones/#comment-24467 ) you can know that He got his money back without paying lawyers or lawsuits and without waiting 2 or 3 years for everything to finish !!!. As you well know, this broker called 24Newstrade is a SCAM, the CNMV, the financial regulator of Spain, has denounced 24Newstrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Broker employees are people who have practically not finished basic school and put them to do commercial work to convince their clients that they are the best traders in the world and to send them money to make them earn a lot of money, but in the end they lose EVERYTHING.
        ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors.
        We recommend to all those affected recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
        https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

        A greeting.

  5. Jose Reply

    I have also been scammed by 24 News Trade, and tell you that if you see another Broker with the name of FXTIME, you do not invest with them, they are the same as 24 news trade

    • reliableforexbroker.com Reply

      Hello Jose, we have a review about the other broker that we will update with what you comment, if you read the comment that Adriana Aguirre wrote us ( https://brokersdeforexconfiables.com/mychargeback-opiniones/#comment-24467 ) you can know that He got his money back without paying lawyers or lawsuits and without waiting 2 or 3 years for everything to finish !!!. As you well know, this broker called 24Newstrade is a SCAM, the CNMV, the financial regulator of Spain, has denounced 24Newstrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Broker employees are people who have practically not finished basic school and put them to do commercial work to convince their clients that they are the best traders in the world and to send them money to make them earn a lot of money, but in the end they lose EVERYTHING.
      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors.
      We recommend to all those affected recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      A greeting.

  6. anonymous Reply

    as I was able to investigate before they called themselves RoyalGTX and are part of the same group of thieves

    • reliableforexbroker.com Reply

      Hello anonymous, GET YOUR MONEY BACK, if you read the comment that Adriana Aguirre wrote to us (https://brokersdeforexconfiables.com/mychargeback-opiniones/#comment-24467) you can know that He got his money back without paying lawyers or lawsuits and without waiting 2 or 3 years for everything to finish !!!. As you well know, this broker called 24Newstrade is a SCAM, the CNMV, the financial regulator of Spain, has denounced 24Newstrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. Broker employees are people who have practically not finished basic school and put them to do commercial work to convince their clients that they are the best traders in the world and to send them money to make them earn a lot of money, but in the end they lose EVERYTHING.
      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors.
      We recommend to all those affected recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      A greeting.

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