FXD24

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FXD24 review - trading conditions with a dubious broker, reviews from real ex-clients

FXD24 is an illegal broker that guaranteed users profitable cooperation with minimal investment. Forex Rating experts carefully studied the data regarding the operation of this site and found out exactly how it scammed its clients.

Status	SCAM
Year of foundation	2003
Affiliate program	No
Regulation and jurisdiction	Panama
Website	http://www.fxd24.ru/
Contacts	Calle 50, Torre Global Plaza, Piso No 7, Oficina 7E, Panama City, Republic of Panama

Pros

Low entry threshold - from $10
An affiliate program for passive income is provided

Cons

Lack of information regarding company founders
Trading accounts are not provided
Hidden fees and high risks
There are no guarantees of confidentiality in the implementation of trade transactions
Offshore registration and no license

Trading Platform	MetaTrader4 (MT4) Mobile Platform
Types of accounts	Real Account ECN Account
Currency	USD, EUR
Deposit/withdrawal	Credit cards Visa/Mastercard/Maestro Electronic wallets International payment systems WireTransfer
Min Deposit	$10
Leverage	Up 1:500
Financial Instruments	Currency pairs, cryptocurrency, indices, commodities, precious metals, shares of large international companies, energy
Order execution	Market
Trading Features	A financial company that has long offered users favorable conditions for high earnings on the international market through trading liquid assets.
Bonus	No

Terms of cooperation with FXD24

This project was founded back in 2003, but 11 years later the service was blocked due to numerous complaints about the lack of payments. Over the entire period of their work, scammers have deceived quite a lot of users. They lured naive people with beautiful tales about high and stable earnings, which supposedly could be obtained after the first transactions.

However, in reality, representatives of this office simply deceived their clients. This is evidenced by the lack of data regarding the founders of the pseudo-broker. At the same time, the scammers did not provide users with any guarantees and had no legal basis for carrying out their financial activities.

To begin, you had to register. Only after providing all your personal data to the administrators would you be able to access the trading platform. The minimum deposit started from $10. However, the broker does not provide pricing plans, so no details were provided regarding trading conditions.

It is important to emphasize that this office did not provide a demo account, so it was not possible to test the terminal. Instead, clients were offered an affiliate program whose structure was more reminiscent of a financial pyramid, which was powered by referred referrals investing their deposits.

Security of trading with a broker

The scammers did not bother to obtain an official license. Therefore, they acted without legal permission to provide their services. The scammers also published a fictitious registration address on their website, and there was no contact information at all. It is obvious that the employees of this office had no intention of helping their clients in case of account cancellation.

The official website of FXD24 also did not provide a single legal document, so it also could not be counted on to protect the interests of traders.

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Expert opinion

Eugene Rudenko

It’s easy to fall into the trap of scammers online who try to pose as quality financial assistants. Any project can turn out to be a scam, among which there are often brokers, investment services, and crypto exchanges. To avoid becoming a victim, experts advise to always request official documentation from your potential financial partner. It is also important to find real reviews from traders regarding working with the platform. This will help you choose a really high-quality platform for making money.

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What are the reviews about FXD24?

There were quite a lot of comments online from deceived traders who never managed to get their money. They write that the scammers constantly demanded new top-ups and did not provide any security guarantees. As a result, clients of this office simply lost their money, unable to take it out, since the scammers took it straight into their pockets.

Expert verdict about the company

Forex Rating specialists carefully checked the information regarding the FXD24 broker, which offered users favorable conditions for trading. In reality, this office turned out to be an ordinary SCAM, which did not have the legal rights to provide its services to traders. This is also evidenced by numerous reviews from scam victims who simply lost their money.

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FAQ

How do customer reviews of FXD24 affect the company's rating?

Customer reviews are one of the main criteria influencing the reputation and position of a broker in the ranking of reliable companies. You can view reviews about FXD24 on the main page of the broker’s profile.

How to write a review about cooperation with FXD24 on the Broker Rating website?

You must register on the official website of the Broker Rating. This procedure is free and will take very little of your time. To confirm your registration, you will receive an email with a link where you will find detailed instructions on how to leave a review about FXD24.