With the Forex Broker 24FX there is still a relatively young broker on the market who, however, has strong partners in the background. The exact founding date of the Cypriot Forex broker cannot be determined exactly and the company itself does not provide any information about it. However, the broker with the license number 207/13, which the company received from the Cyprus Securities and Exchange Commission (CySec), already has extensive regulation. The CySec is the Cypriot counterpart to the German Federal Financial Supervisory Authority (BaFin) and monitors the financial service providers to ensure that everything is done properly. 24FX was founded by Rodeler Limited, a company which is also based in Cyprus and operates the renowned Binary Options Broker 24option. All this lets close on a respectable surrounding field.
Admission in the entire European union
Admitted is the broker in all countries of the European union and thus the offer can be used also from Germany. The broker himself makes the claim that he wants to offer his customers the latest market technologies and the best trading conditions in forex, commodities, indices and stocks. As a trading platform, the Cypriots offer their customers the popular trading platform MetaTrader 4 (MT4). This at least ensures that everyone can find their way immediately when trading, as this software is indeed very easy to use and clearly structured. Traders are provided with up-to-date financial information. Traders are also provided with market news and trends based on daily reports and market analyses. Likewise there is a good training center with Tutorien, Webinars and some e books, which are made available free of charge.