24FinTime

24FinTime presents significant concerns regarding safety and reliability. The broker holds no valid licenses from any recognized financial regulatory body, creating a fundamental absence of oversight. This lack of authorization is reflected in its WikiFX score of 1.53, which indicates a high-risk profile. Without regulatory supervision, client funds are not subject to protection schemes like investor compensation funds, and there is no formal external process for dispute resolution. Operating with such a regulatory void substantially increases risk for potential clients.

No, 24FinTime is not a regulated broker. According to WikiFX assessment, it does not hold any valid forex trading licenses from major regulatory authorities such as the FCA, ASIC, or CySEC. Its regulatory status is officially listed as 'No Regulation'. While it is registered in Russia, this registration does not equate to a recognized forex trading license that provides client asset protection and operational oversight.

Specific minimum deposit requirements for most of 24FinTime's account types are not publicly disclosed. For its Cent Account, the entry condition is listed as 10 EUR/USD/GBP, which can be interpreted as a minimum deposit. However, for its other accounts like the ECN Account, Standard Account, and ECN Zero Account, clear minimum deposit figures are not provided.

The trading platforms supported by 24FinTime are not currently publicly disclosed in its service descriptions.