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P24 Capital Markets LTD Forex Broker Review

Hybrid Forex Broker Verified
5.1 ★★½☆☆ 0 reviews
$100 Min Deposit
1.5000 pips Spreads From
Up to 1:500 Leverage
No Commission Commission
Regulated Regulation
3+ Platforms

P24 Capital Markets LTD Forex Broker Overview

24markets is a South Africa-based broker launched in 2014, offering CFDs on Forex, indices, commodities, stocks, and crypto. While it features a range of platforms including MT5 and web-based trading, it falsely claims FSCA regulation under another companys license.
The broker claims to be regulated by FSCA using license No. 50640, which actually belongs to DEDA CAPITAL MARKETS (PTY) LTD. However, the brokers name and domain do not match the licensed entity, clearly indicating a fake or cloned license intended to mislead users.

Is P24 Capital Markets LTD a Trusted Forex Broker?

P24 Capital Markets LTD is a Hybrid broker offering trading services to clients worldwide. This comprehensive review examines the broker's regulation, trading conditions, platform features, and user experiences to help you determine if P24 Capital Markets LTD is the right forex broker for your trading needs.

P24 Capital Markets LTD Broker Rating Analysis

Trust & Security 4.9/10
Trading Conditions 5.3/10
Fees & Spreads 5.5/10
Platform & Tools 5.0/10
Customer Support 4.8/10
Overall XP Trust Score 5.1 / 10 ★★½☆☆

P24 Capital Markets LTD Pros & Cons

Advantages

  • Regulated by FSCA (South Africa)
  • Low minimum deposit of $100
  • Supports MT5, WebTrader, Mobile App
  • Wide range of tradable instruments
  • Established forex broker with 12+ years of experience

Disadvantages

  • Always verify current terms directly with the broker

Why Choose P24 Capital Markets LTD for Forex Trading?

P24 Capital Markets LTD has established itself as a hybrid broker serving traders worldwide.

How Does P24 Capital Markets LTD Compare to Other Forex Brokers?

  • Regulation: Regulated by FSCA (South Africa)
  • Spreads: From 1.5000 pips
  • Platform: Supports MT5, WebTrader, Mobile App
  • Trust Score: 5.1/10

For a complete overview of the best options available, check out our forex broker directory and broker comparison tool.