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The data are from WIKI Research 2021.09.25 updated
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Basic Information & Regulation of SP market24
SP market24 is a Forex and CFD broker that promises investors no trading restrictions on the platform and is committed to providing traders with a highly transparent trading environment by allowing them to trade as usual even in the event of breaking stock market news. There is no effective regulatory information displayed on the SP market24 website.
Safety Analysis of SP market24
The primary criterion for the safety of a forex broker is whether or not it is formally regulated. SP market24 is currently not subject to any effective regulation, which means that the safety of investors' funds and trading activities are not effectively protected. Investors should get stay away from this SP market24 brokerage firm.
Market Instruments of SP market24
SP market24 offers investors a wide range of tradable assets, mainly indices, commodities, crude oil and stocks, gold, and energies.
Leverage & Accounts of SP market24
To meet the investment needs of different investors, SP market24 offers four different types of trading accounts: Mini (minimum deposit $250), Bronze (deposit $5001-$10,000), Silver (deposit $10,001-$15,000), and Gold (deposit $15,001+). The leverage for all four accounts is up to 1:50.
Trading Platforms Available of SP market24
SP market24 provides traders with Mobile Trader, WebTrader, and the most popular MT4 trading platform. With SP market24 Mobile Trader, traders can trade anywhere, anytime, simply by downloading the app from the App Store and Google Play and trading easily from their smartphones. The MT4 trading platform is currently the most popular trading platform for Forex and CFDs.
Deposit and withdrawal
SP market24 supports traders using a range of deposit and withdrawal methods: VISA, MasterCard, Maestro debit card, wire transfer, WebMoney, Skrill, NETELLER, etc.
Pros& Cons of SP market24
The Pros of SP market24 are:
1. Multiple Account Types to Choose From
2. A Wide Range of Trading Products
3. MT4 Trading Platform
4. More Ways to Deposit & Withdraw Funds
The Cons of SP market24 are:
1. No Regulation
2. Unclear Trading Conditions (Spreads, Commissions, Swaps)
3. Three Languages on Website Only (English, Spanish & German)
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