24Five

24Five (24five.com) is an international forex and CFD broker registered in St. Vincent and the Grenadines (SVG)—an offshore jurisdiction with no real financial oversight from major regulators like FCA, ASIC, or CySEC. The broker provides the MetaTrader 5 (MT5) platform for desktop, web, and mobile, supporting trading in forex, indices, commodities, metals, stocks, CFDs, and cryptocurrencies.

24Five advertises competitive spreads from 1.2 pips, maximum leverage of 1:500, minimum deposit from 100 USD, and supports funding/withdrawal via bank transfer, international cards, e-wallets, and cryptocurrencies (BTC, USDT, etc). However, 24Five holds no license from any reputable authority; SVG is only a registration jurisdiction, offering no real oversight or client protection.

Multiple forums and review sites warn that 24Five is very high risk: users report withdrawal problems, demands for more deposits to verify, account freezes, and very poor customer service with no response to complaints. Financial experts advise not to trade here, especially for new investors.