24StockTrade Review Is 24stocktrade.com A Legit Investment

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24StockTrade Review: Is 24stocktrade.com A Legit Investment?

24StockTrade Review: this is an investment outfit that claims to be registered in the United Kingdom and was incorporated in 2020. Is 24stocktrade.com a legit Investment scheme or just a scam?

The website of this investment company looks to have a professional design. It claims that there are currently 26,347 members registered. The numbers get ridiculous as one proceeds with the total investment till date being $1,027,464,805.89.

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24Stock Trade asks clients to invest their free money with a 100% assurance of making profit from it. We researched this company and we concluded that it is a Ponzi Scheme. A high-yield investment program (HYIP).

HYIP is a type of investment scam many people fall prey to. This Ponzi scheme is quite common today and clients are promised ridiculous payment returns with money from new investors. We could not find an address for this company.

24StockTrade Trading Platform

It is not stated what kind of platform 24StockTrade runs on. The organizers just claim that it is a new technology that they have created that comes with “unique array of features”.

Regulated brokers usually mention trading platforms such as MetaTrader 4 and MetaTrader 5.

These platforms are very good signs as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating system. All can be used on desktops, Linus, windows, iOS and Android.

Tools that comes with these trading platforms are also found to be useful for traders. It has proven to be user friendly as well and helps traders in analyzing the market easily.

24StockTrade mentions Bitcoins and sprinkle its symbols all over the page but does not mention how this benefit their clients asides it being an obvious means of payment.

Deposit and Withdrawals on 24StockTrade

This company states that payments are allowed via: Perfect Money, PAYEER, Bitcoin, Advcash, Dash, Ripple, and many other digital currencies.

Standard and legit brokers make deposit and withdrawals available via Visa, MasterCard and Wire Transfer. Many offer e-wallets like: Skrill, Neteller, UnionPay, FasaPay, and so on. It seems like 24StockTrade does not do transaction via Visa and MasterCard, this is suspicious.

Minimum deposit requirements differ on the type of package a user opts for and there are four ranging from $100 to $1500. It is not stated if withdrawals come with charges and fees.

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This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.

Is 24StockTrade Licensed?

No. It is not a licensed investment firm. 24StockTrade claims falsely to be a registered UK based company.

Disturbing Things Found About 24StockTrade

First, this company does not state how it plans to give clients the high returns that is claimed on the website. There is no clear statement as to what the trading methods of this firm is.

It seems to be targeted at Africans and this is another fishy discovery because it claims to be registered in the United Kingdom.

There is no trade carried out by 24StockTrade which is why we have labeled it as a HYIP from the beginning.

Support

Like was expected, there is no means provided to contact customer care agents of this firm.

Conclusion

Investing in HYIPs is a very risky thing to do. There may be numerous testimonies about 24StockTrade but traders should be rest assured that they are mostly fake and few are just baits to lure more investors in.

24StockTrade is a shady investment firm that should be avoided at all cost.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

24StockTrade Review: Is 24stocktrade.com A Legit Investment?

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24StockTrade Review: Is 24stocktrade.com A Legit Investment?

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