Frequently Asked Questions
24markets.com is an online trading platform that allows users to buy and sell various financial instruments such as stocks, forex, commodities, indices and cryptocurrencies.
Yes, 24markets.com is regulated by South African Financial Sector Conduct Authority (FSCA), ensuring compliance with strict financial regulations and providing a secure trading environment for our clients.
You can trade a wide range of markets including stocks, indices, commodities, forex, and cryptocurrencies, offering diverse opportunities for investment.
Yes, we provide a variety of educational materials such as tutorials, webinars, and market analysis to help traders enhance their skills and knowledge in online trading.
Absolutely! 24markets.com offers access though MetaTrader 5 mobile app compatible with both iOS and Android devices, allowing you to trade conveniently on the go.
You can reach our customer support team via live chat, email, WhatsApp or phone for any assistance or inquiries regarding your trading account or platform functionality.
Online trading refers to the buying and selling of financial assets through an internet-based platform, providing investors with direct access to the financial markets.
Online trading involves risks such as market volatility, economic events, and the possibility of losses. It's essential to understand these risks and adopt appropriate risk management strategies.
Trading hours vary depending on the market you're trading. You can find specific trading hours for each market on our platform.
Choosing the right trading strategy depends on factors such as your risk tolerance, financial goals, and market conditions. It's recommended to explore different strategies and find one that aligns with your objectives.
Yes, we offer leverage on certain instruments, allowing traders to amplify their trading positions. However, it's important to understand the risks associated with leverage and use it responsibly.
Yes, 24markets.com provides a demo account option where you can practice trading with virtual funds, allowing you to familiarize yourself with the platform and test your trading strategies risk-free.
To open an account, simply visit our website and click on the "Sign Up" or "Open Account" button. Follow the prompts to complete the registration process, which typically includes providing personal information and verifying your identity.
To modify any registered personal details in your trading account, kindly reach out to us, specifying the reason for the change and supplying the pertinent information (e.g., name alteration due to marriage or updated residential address). We will then assess your request and proceed in compliance with our regulatory responsibilities and obligations.
You may be required to submit documents such as a valid ID (passport, driver's license), proof of address (utility bill, bank statement), and possibly additional documents depending on regulatory requirements and account type.
The verification process typically takes 1-3 business days once all required documents are submitted. However, processing times may vary depending on the volume of applications and the completeness of the provided information.
Generally, we allow one trading account per client. However, if you have specific requirements or wish to open additional accounts for different purposes, please contact our customer support for assistance.
Yes, we take the security and privacy of our clients' personal information very seriously. We employ advanced encryption technologies and strict security measures to safeguard your data from unauthorized access or misuse.
If you encounter any issues or have questions regarding the verification process, please contact our customer support team. They will be happy to assist you and guide you through the necessary steps to complete verification.
We accept various payment methods including bank wire transfer, credit/debit cards, e-wallets, and other online payment solutions. You can find the available deposit options in the deposit section of your account dashboard.
Fees may vary depending on the payment method used and your location. Some deposit methods may incur fees charged by the payment processor or your bank. Withdrawal fees may also apply, particularly for certain withdrawal methods or expedited withdrawals.
The minimum deposit required to open an account is $100. Please refer to our website or contact customer support for specific details regarding minimum deposit amounts.
Deposits are typically processed and credited to your trading account within a few minutes to a few hours, depending on the payment method used. Bank wire transfers may take longer to process due to bank processing times.
You can request a withdrawal by logging into your trading account and navigating to the withdrawal section. Follow the prompts to submit a withdrawal request, ensuring you provide accurate withdrawal details to avoid any delays.
Withdrawal limits may apply depending on various factors such as account type, regulatory requirements, and withdrawal method. Please refer to our terms and conditions or contact customer support for information regarding withdrawal limits specific to your account.
24markets.com offers MetaTrader 5 and WebTrader a user-friendly and intuitive trading platform accessible via web browser and mobile devices. Our platform provides advanced charting tools, real-time market data, and a wide range of trading instruments.
Yes, our trading platform supports multiple languages to cater to our diverse client base. You can select your preferred language from the language settings within the platform.
Yes, our trading platform offers customization options allowing you to personalize your trading environment. You can adjust settings such as chart layouts, color schemes, and display preferences to suit your trading style.
Yes, we provide mobile trading through MetaTrader 5 compatible with iOS and Android devices, allowing you to trade on the go from your smartphone or tablet. Our mobile apps offer full functionality and real-time access to the markets.
Yes, we offer demo accounts that allow you to practice trading with virtual funds in a risk-free environment. Demo accounts simulate real market conditions, providing an excellent opportunity to test trading strategies and familiarize yourself with the platform.
If you encounter any technical issues or have questions regarding platform functionality, our technical support team is available to assist you. You can contact them via live chat, email, WhatsApp or phone for prompt assistance and troubleshooting.
24markets.com employs industry-leading security measures, including encryption protocols, firewalls, and secure authentication methods, to protect your personal and financial data from unauthorized access and cyber threats.
Yes, client funds are held in segregated accounts with reputable financial institutions, separate from the company's operational funds, to ensure the safety and integrity of client funds.
24markets.com has robust fraud prevention measures in place, including identity verification procedures, transaction monitoring, and anti-money laundering (AML) policies, to detect and prevent fraudulent activities on our platform.
We regularly conduct security audits and employ advanced cybersecurity technologies to safeguard our systems and infrastructure against cyber threats, including malware, phishing attacks, and hacking attempts.
24markets.com respects your privacy and adheres to strict confidentiality standards. We do not sell or share your personal information with third parties, except as required by law or regulatory authorities.
If you suspect unauthorized activity on your account, such as unauthorized trades or login attempts, immediately contact our customer support team to report the issue and take appropriate measures to secure your account.
Trading strategies are predefined sets of rules and criteria used by traders to make decisions about when to enter, exit, or manage trades in financial markets.
Examples of common trading strategies include trend following, range trading, breakout trading, momentum trading, mean reversion, and day trading.
Choosing the right trading strategy depends on factors such as your risk tolerance, time commitment, market knowledge, and personal preferences. It's essential to explore different strategies and find one that aligns with your trading style and objectives.
Yes, 24markets.com provides educational resources, market analysis, and expert insights to help traders understand and implement various trading strategies effectively.
When using trading strategies, it's crucial to incorporate risk management techniques such as setting stop-loss orders, managing position sizes, and diversifying portfolios to mitigate potential losses and protect capital.
Yes, 24markets.com offers automated trading solutions such as expert advisors (EAs) and algorithmic trading platforms that allow traders to automate their trading strategies based on predefined criteria and rules.
Risk management in trading involves strategies and techniques used to minimize potential losses and preserve capital while trading in financial markets.
Risk management is crucial for traders to protect their investments from unexpected market movements and adverse events, helping to maintain consistency and long-term profitability.
Common risk management techniques include setting stop-loss orders, diversifying portfolios, managing position sizes, utilizing leverage cautiously, and employing risk-reward ratios in trading strategies.
Determining your risk tolerance involves assessing your financial situation, investment goals, time horizon, and emotional capacity to withstand market fluctuations and potential losses.
A stop-loss order is an instruction placed with a broker to automatically sell a security when it reaches a predetermined price level, limiting the trader's loss on a position.
Yes, 24markets.com offers risk management tools such as stop-loss orders, risk calculators, educational materials on risk management strategies, and personalized risk assessments to assist traders in managing their risk effectively.
Do you still have any questions?
Whether you need assistance, want to talk to our team, get your inquiries addressed, or seek more insights into trading on 24markets.com, we are here to help and have you covered.
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Important Notice for EU Residents
The website you are trying to reach is operated by DEDA Capital Markets (Pty) Ltd, a regulated investment firm by the FSCA licence number 50640.
The Investment services provided by this website are not directed at EU residents, fall outside the European regulatory framework and are not in scope of (among others) the Market Financial Instruments Directive (MiFID) II.
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