Global Forex Broker Regulatory Inquiry APP


1.39 /10

SP Market24

Marshall Islands

2-5 years

Suspicious Regulatory License

MT4/5 White Label

Regional Brokers

High potential risk

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Quantity 2


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License Index 0.00
Business Index 6.05
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



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Contact number


+41 626 746 727

Broker Information


Company Name

SP Market24

Company Abbreviation

SP Market24

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away!
Previous Detection : 2023-06-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
SP Market24 · Company summary

General Information & Regulation

SP Market24 is a Forex and CFD broker. There is no effective regulatory information displayed on the SP market24 website.

Market Instruments

SP Market24 offers investors a range of tradable assets, including indices, commodities, crude oil and stocks, gold, and energies.

Minimum Deposit

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 maxmium trading leverage offered by SP Market24 is up to 1:50, when it comes to trading leverage.

Spreads & Commissions

When it comes to spreads and commissons, or trading fees, SP Market24 doesn't make this part clear.

Trading Platforms

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 & withdrawal

SP Market24 supports traders using a range of deposit and withdrawal methods: VISA, MasterCard, Maestro debit card, wire transfer, WebMoney, Skrill, NETELLER, etc.

SP market24 Pros& Cons

SP market24 Drawback Include:

1. Multiple Account Types to Choose From

2. MT4 Trading Platform

SP market24 Cons Include:

1. No Regulation

2. Unclear Trading Conditions (Spreads, Commissions, Swaps)

3. Three Languages on Website Only (English, Spanish & German)

User Reviews

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more than one year
I was interested in opening a mini account with SP Market24, but the minimum deposit of $250 is too high for me. I think it's not very user-friendly for beginners like me who are just starting to dip their toes into trading. I would appreciate it if they could consider lowering the amount required to open a mini account in the future.
2023-03-23 11:08
more than one year
So short period of time, SP Markets has been shut down, which I didn’t expect that. I used to have a pretty good trading experience on this platform, and a guy named Robert was very helpful.
2023-02-24 16:07
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