24Markets Broker Overview
Here is every key fact about 24Markets in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | 24Markets |
|---|---|
| Broker name | 24Markets |
| Foundation year | 2023 |
| Headquarters | 9TH FLOOR, ATRIUM ON 5TH STREET, SANDTON GAUTENG, 2196. South African |
| Country | South African |
| Telephone | +27 101 577 500 |
| Email / Skype | support@24markets.com |
| Fax | +27 101 577 500 |
| Regulated by | FSCA license number 50640 (South African Financial Sector Conduct Authority - FSCA No.50640) |
| Type of broker | STP/ECN |
| Min. deposit | $5000 |
| Max leverage | Up to 1:500 |
| Min. spreads | 0.0 Pips |
| Funding methods | Wire Transfer, Credit Card, Debit Card, Crypto, Moneybookers, Perfect Money, WebMoney, Neteller, Skrill, FasaPay, Qiwi, Bitcoin, POLi, Sticpay, VLoad |
| Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Crypto, Moneybookers, Perfect Money, WebMoney, Neteller, Skrill, FasaPay, Qiwi, Bitcoin, POLi, Sticpay, VLoad |
| Base currencies | EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP and more |
| Languages | English |
| Trading platforms | MT5-Web platform, MT5-Android, MT5-Windows, MT5-Mac OS |
| Tradable instruments | Foreign Exchange, Commodities, Indices, Share CFDs, Futures, CFDs, Cryptocurrencies |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | 100% Forex Deposit Bonus |
In simple words: traders get MT5-Web platform and MT5-Android, spreads from 0.0 Pips, leverage up to Up to 1:500 and a $5000 minimum deposit. New clients can also check the current 100% Forex Deposit Bonus. Tradable markets include Foreign Exchange, Commodities, Indices, Share CFDs, Futures, CFDs, Cryptocurrencies.
Is 24Markets Safe? Regulation and Company Details
24Markets is a regulated broker. FSCA license number 50640 (South African Financial Sector Conduct Authority - FSCA No.50640). The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
FSCA license number 50640 (South African Financial Sector Conduct Authority - FSCA No.50640)
Head office
9TH FLOOR, ATRIUM ON 5TH STREET, SANDTON GAUTENG, 2196. South African (South African)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2023. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach Up to 1:500.
24Markets Trading Conditions
Spreads and commissions
24Markets spreads start from 0.0 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches Up to 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MT5-Web platform
Web platform
MT5-Android
Mobile platform
MT5-Windows
Desktop platform
MT5-Mac OS
MacOS platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
Why join 24Markets Forex Broker
- Secure Trading Platform: Explore a trading platform with over a decade of experience, offering a diverse range of markets suitable for traders at all levels of proficiency.
- Seamless Trading Experience: Dive into a platform that stands out for its user-friendly design, ensuring both security and simplicity. Enjoy a clutter-free interface and easily interpretable charts, allowing you to trade seamlessly from anywhere, at any time.
- Educational Resources: Access a wealth of educational resources at 24markets to enhance your trading expertise and confidence. Benefit from insights provided by experts and practice risk-free with a demo account. Rely on our 24/5 customer support team for prompt assistance whenever needed.
- Transparent Trading: Transparency is a core value at 24markets, reflected in our clearly listed fees on the website and the secure segregation of funds. Join the community of over 200,000 traders who have trusted us since 2014 and experience trading with assurance.
Whether you're navigating the trading world for the first time or you're an experienced pro, 24markets is your go-to destination.

24Markets Account Types
24Markets offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $5000 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, NZD/USD, EUR/GBP and more. Choosing the currency you spend in helps you avoid conversion fees.
Welcome to 24markets, where we are committed to democratizing access to the global financial markets. In our mission to empower individuals worldwide, we have crafted a cutting-edge, all-in-one platform designed to provide easy, fast, and free access to online trading.
At the heart of our platform is a powerful suite of tools that allows you to seamlessly invest, trade, and even replicate the strategies of seasoned professionals. We believe that financial empowerment should be within reach for everyone, and with 24markets.com, you have the means to take control of your financial journey.
Whether you are a seasoned trader looking for advanced features or a novice seeking simplicity, our platform caters to all levels of expertise. We've created an environment that fosters growth, learning, and success for our users.
Experience the freedom to navigate global financial markets with confidence and ease. Join us at 24markets, where innovation meets accessibility, and embark on a journey of financial empowerment.
Invest, Trade, and Copy – it's all at your fingertips with 24markets.

Deposits and Withdrawals at 24Markets
24Markets supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
24Markets Bonus and Promotions
Bonuses are a big reason traders search for 24Markets. Availability depends on your country and the account type.
- 100% Forex Deposit Bonus — the current promotion for 24Markets clients. Check the volume rules before you claim it.
- 100% Welcome Deposit Bonus — welcome offer for new accounts.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official 24Markets website before accepting any offer.
24Markets Pros and Cons
Pros
- Regulated: FSCA license number 50640 (South African Financial Sector C...
- 100% Forex Deposit Bonus
- Low $5000 minimum deposit
- Spreads from 0.0 Pips, STP/ECN execution
- MT5-Web platform and MT5-Android and more platforms
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a 24Markets Account
- RegisterFill in your name, email, country and phone number on the 24Markets sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT5-Web platform / MT5-Android).
- Fund and tradeDeposit from $5000 with your preferred method, claim any eligible bonus, then log in and start trading.
About 24Markets
24markets (24markets) stands as the distinguished brand of DEDA Capital Markets (Pty) Ltd, a meticulously regulated investment firm holding the FSCA license number 50640 (South African Financial Sector Conduct Authority - FSCA No.50640). We take pride in adhering to the highest standards of financial conduct, ensuring that our clients benefit from a secure and compliant trading environment.
HIGH RISK INVESTMENT WARNING: We emphasize the critical nature of informed decision-making in the world of financial trading. Engaging in leveraged trading involving foreign currency contracts, contracts for difference, or other off-exchange products carries a heightened level of risk, and it may not be suitable for everyone. Prior to embarking on any trading activities, we strongly advise all potential traders to diligently read and comprehend the relevant risk disclosures and warnings available on our platform. It is paramount to acknowledge the substantial risk that one may lose their entire initial investment. Considering the diverse and dynamic nature of financial markets, we recommend that individuals carefully assess whether trading leveraged products aligns with their unique personal circumstances. Seeking independent financial advice is highly encouraged to gain a nuanced understanding of all associated risks before entering the world of financial trading. Moreover, the inherent risks of trading through an online platform are explicitly addressed, and users are urged to refer to our dedicated Regulation section for additional insights.
The provision of services on 24markets is facilitated by DEDA CAPITAL MARKETS (PTY) LTD, an esteemed entity authorized and regulated by the South African Financial Sector Conduct Authority (FSCA). The company is duly incorporated in South Africa with registration number 2017/531362/07 and maintains its registered office at 9TH FLOOR, ATRIUM ON 5TH STREET, SANDTON GAUTENG, 2196.
In alignment with regulatory standards and legal compliance, it is important to note that we do not establish accounts for residents of specific jurisdictions, such as the United States or any location where such distribution or use would contravene local law or regulation. For a detailed understanding of our policies, kindly refer to our comprehensive Terms & Conditions.
As we navigate the complexities of the financial landscape, 24markets remains committed to providing a transparent, educational, and secure platform. Our dedication to guiding users through the intricacies of financial trading underscores our commitment to empowering individuals with the knowledge and tools necessary for a successful trading journey.

Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose 24Markets?
24Markets earns 4.0/5 — a $5000 entry cost, MT5-Web platform / MT5-Android platforms and a track record since 2023.
24Markets suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.

24Markets