Score
SP Market24
Marshall Islands|2-5 years| https://spmarket24.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
Marshall IslandsAccount Information
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Website
spmarket24.com
Server Location
United States
Website Domain Name
spmarket24.com
Server IP
13.225.177.30
Company Summary
Note: SP Market24's official website - https://spmarket24.com/ is currently inaccessible normally.
| SP Market24 Review Summary | |
| Founded | / |
| Registered Country/Region | Marshall Islands |
| Regulation | Not regulated |
| Market Instruments | Indices, commodities, stocks and crude oil |
| Demo Account | / |
| Leverage | Up to 1:50 |
| Spread | From 0.3 pips |
| Trading Platform | Sirix, MetaTrader 4 |
| Min Deposit | $250 |
| Customer Support | Tel: +41 626 746 727 |
| Email: support@spmarket24.com | |
SP Market24 is an offshore broker registered in Marshall Islands, providing trading in indices, commodities, stocks and crude oil on the Sirix and MetaTrader 4 platform. Its spread is 0.3 pips and leverage is up to 1:200. However, its minimum deposit is as high as $250 and it is not regulated.
Pros and Cons
| Pros | Cons |
| Diverse trading assets | Unavailable website |
| Multiple account types | Not regulated |
| Popular trading platform - MT4 | Conservative leverage |
| Popular payment options | High minimum deposit |
Is SP Market24 Legit?
No, SP Market24 operates without regulation. Please be aware of the risk!
What Can I Trade on SP Market24?
| Tradable Instruments | Supported |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Crude oil | ✔ |
| Forex | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Spmarket24 offers 4 trading accounts – Mini, Bronze, Silver and Gold.
| Account Type | Min Deposit | Max Deposit |
| Mini | $250 | / |
| Bronze | $5,001 | $10,000 |
| Silver | $10,001 | $15,000 |
| Gold | $15,001+ | Unlimited |
Leverage
Spmarket24's leverage is up to 1:50. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Sirix | ✔ | Web | Experienced traders |
| MT4 | ✔ | Web, Desktop, Mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
SP Market24 supports deposit and withdrawal via credit cards, bank wire, Skrill and Neteller.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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FX2399281766
Mexico
I haven't used this website for a long time. Obviously, our money was gone
Exposure
2021-06-07
FX3252560841
United Kingdom
Website has disappeared and trader can’t use it. It is a SCAM
Exposure
2021-05-25
贷款理财～刘航
New Zealand
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.
Positive
2023-03-23
洪荒少女~65812
Netherlands
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.
Positive
2023-02-24