Brokers  /  24option

24option

Severe risk
🇭🇰 Hong Kong · 5-10 years · since 2018-01-08 · Richfield Capital Limited
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
8 reviews ›
0
Licenses ›
5
Withdrawal issues ›
$250
Min. deposit ›
1:500
Max leverage ›
4
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Platinum · $10,000Gold · $5,000Basic · $250 VIP · $50,000
▲ 13% positive▼ 75% negative
Independent ratingshow third parties score this broker
WikiFX1.62/10
Trustpilot—/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • 6 user exposure/complaint reports filed
  • Withdrawal complaints in ~62% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration458%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameRichfield Capital Limited
Headquarters🇭🇰 Hong Kong
Founded2018-01-08
Years operating5-10 years
Employees0
Official website24option.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
No. 5 Cork STreeT, P. O. Box 1708, BELIZE CITY, Belize C.A.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Platinum1:500$10,000EUR/USD1.6 PIPS;GBP/USD1.9 PIPS;USD/JPY1.9 PIPS;CRUDE OIL$0.11--✓
Gold1:500$5,000EUR/USD2 PIPS;GBP/USD2.5 PIPS;USD/JPY2.5 PIPS;CRUDE OIL$0.12--✓
Basic1:500$250 EUR/USD2.5 pips;GBP/USD2.8 pips;USD/JPY2.8 pips;CRUDE OIL$0.13--✓
VIP1:500$50,000EUR/USD1.1 PIPS;GBP/USD1.4 PIPS;USD/JPY1.4 PIPS;CRUDE OIL$0.09--✓

Review analysis AI

Across 8 recent Trustpilot reviews, 75% are 1–2 star. The single most common complaint is being unable to withdraw funds (5 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
South Africa3
Mexico2
Taiwan1
Nigeria1
Bangladesh1

Real user reviews

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About 24option

24option is a forex and CFD broker based in Hong Kong, with records dating to 2018-01-08. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full 24option review