Company Information

Get to know 24X Bermuda Limited

24X Bermuda Limited is a financial technology company that has developed and operates a global, multi-asset class trading network for institutional clients. The platform is uniquely designed to support trading in both foreign exchange (FX) and digital assets on a 24/7 basis, aiming to bridge the gap between traditional finance and the crypto market. The company was granted a "Class T" Digital Asset Business Act (DABA) license by the Bermuda Monetary Authority (BMA) in 2022, authorizing it to operate as a digital asset exchange. Its mission is to provide institutional market participants with a more streamlined, cost-effective, and continuously available trading environment.

Industry

Crypto ExchangePRIMARY
Financial Other Service

Contact

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24X Bermuda Limited

Bermuda

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.