24markets.com Review – Trading Crypto CFDs With A Regulated Broker

About 24markets.com

24markets.com offers online CFD trading on a broad range of instruments, including cryptocurrencies. One of the main advantages of this company is that you can buy/sell CFDs of digital assets with a regulated brokerage, as well as other types of assets (but we’ll go into detail more about that later on). 

24markets.com is authorized by the FSCA and thus it can offer transparent services for a broad audience. Let’s take a close look at this promising trading brand, to see if it also delivers on all of its promises.

 

Cryptocurrency trading

The broker offers access to 20+ crypto pairs, including Bitcoin, Ethereum, Litecoin, Ripple, Chainlink, EOS and others. Traders use 1:2 leverage to engage in these popular cryptocurrency projects and take advantage of elevated volatility.

Although the market sometimes experiences periods of calm, crypto remains the most volatile asset class today, when comparing it with other popular markets. Crypto trading is flexible and at the same time, you don’t necessarily need a wallet (since these are CFDs). 24markets.com also works with institutional-grade liquidity providers to ensure narrow spreads and reduced slippage. 

If crypto trading is not your only interest, you’ll be glad to learn that the broker covers other markets, including FX, stocks, indices and commodities. Margin trading, tight costs and speedy execution are all ensured, regardless of what assets you trade. The asset index includes over 2,000 different CFDs. 

Registration

Almost anyone is able to register for an account with 24markets.com because the minimum deposit is low. The broker invites users to choose between Discovery, Gold, Platinum, Exclusive VIP, Classic ECN and PRO ECN accounts, each with a specific list of benefits and features. 

Discovery is your entry-level choice, thanks to the low deposit requirements, and Exclusive VIP is the peak in terms of what you get with this broker. Regardless of choice, all customers benefit from 24-hour customer support, daily market analysis, desktop & mobile trading, and many tools such as Events & Trade. 

Traders with experience in the markets might want to go for Classic ECN or PRO ECN accounts. With these you benefit from tighter spreads, but the broker charges commissions. 

Useful resources

In terms of the main trading resources, traders holding at least a Gold account have access to the popular technical analysis tool called Trading Central. This is provided by a 3rd party and over the last couple of years has been integrated by many retail brokers. With it you get insights on popular trading tools. 

24markets.com grants access to premium daily market analysis, helping traders make informed decisions. It has an introductory guide for those who are new to trading and an economic calendar on its website. 

Bottom line 

Trading crypto with 24markets.com looks appealing for several reasons. This CFD broker covers tens of coins, is regulated by FSCA and provides a broad range of features, depending on your account type. Transparency seems to be key for the company, and you can find out all you want to know about the trading conditions on the official website. The customer support is there for you anytime you need assistance. With all that in mind, it is no wonder why we give this broker a good score.