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Office: 63 Chulia Street, OCBC Centre East, #15-01, Singapore, 049514
Main contacts:
[email protected]-Technical supports and inquiries
[email protected]-Free online reputation consulting services
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Business Hours: Mon. - Fri. (11.00-19.00)
Time zone (Singapore)
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Copyright © TrustFinance 2022 | V.2.0

TrustFinance is trustworthy and accurate information you can rely on. If you are looking for financial business information, this is the place for you. All-in-One source for financial business information. Our priority is our reliability.

Forex
navigate nextRetail Brokernavigate next 24option Brokers

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24option Brokers

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Cyprus

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE
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--/40
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--/60
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Regulated

Recommended

XM

XM

(73 reviews)

foundedInCyprus

2009

(17 years)

Security Information :

CySEC
FSCA
DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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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.

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Get to know 24option Brokers

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Company Information

Get to know 24option Brokers

Founded around 2010, 24option quickly grew into one of the world's leading binary options brokers. The brand, operated primarily by the Cypriot firm Rodeler Ltd., invested heavily in marketing, including a high-profile sponsorship of the Juventus F.C. football club. As regulatory scrutiny over binary options intensified globally, 24option transitioned its focus to Forex and CFD trading. However, the company faced numerous warnings and fines from various European financial regulators for aggressive marketing and non-compliance issues, culminating in its main operating entity renouncing its Cyprus Securities and Exchange Commission (CySEC) license and ceasing to accept new clients.

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TrustFinance Intelligence Agency

Research date: Jun 28, 2026

Cyprus financial regulator CySEC has reached a settlement with Rodeler Ltd, operator of 24option.com, imposing a €280,000 fine for violations of its CIF license. This settlement follows Rodeler's voluntary renunciation of its license amid issues with the UK FCA regarding unauthorized endorsements and undisclosed fees. The fine is related to compliance failures from January 2018 to December 2019, including client information and organizational requirements.

Cyprus financial regulator CySEC has reached a settlement with Rodeler Ltd, operator of 24option.com, imposing a €280,000 fine for violations of its CIF license. This settlement follows Rodeler's voluntary renunciation of its license amid issues with the UK FCA regarding unauthorized endorsements and undisclosed fees. The fine is related to compliance failures from January 2018 to December 2019, including client information and organizational requirements.

The website provides information about 24option, a trading platform operated by Rodeler Limited and Richfield Capital Limited, which allows trading in various financial instruments including forex, stocks, commodities, indices, and cryptocurrencies. It offers four types of accounts (Basic, Gold, Platinum, and VIP) with different minimum deposits and services. The platform supports MetaTrader 4, known for its user-friendly interface and trading tools. Key features include multiple order types, technical indicators, and access to Trading Central for market analysis. However, it lacks certain features like live news and does not support copy trading.

The website provides information about 24option, a trading platform operated by Rodeler Limited and Richfield Capital Limited, which allows trading in various financial instruments including forex, stocks, commodities, indices, and cryptocurrencies. It offers four types of accounts (Basic, Gold, Platinum, and VIP) with different minimum deposits and services. The platform supports MetaTrader 4, known for its user-friendly interface and trading tools. Key features include multiple order types, technical indicators, and access to Trading Central for market analysis. However, it lacks certain features like live news and does not support copy trading.

FNG provides updates on the Forex, CFD, and cryptocurrency trading industries. Recent news includes Euronext's share repurchase program, Italy's CONSOB blocking unauthorized websites, and regulatory actions against brokers like Rodeler Ltd, which had its CIF license withdrawn by CySEC. The article discusses the implications of these regulatory actions and highlights the ongoing challenges faced by brokers in the UK and EU markets.

FNG provides updates on the Forex, CFD, and cryptocurrency trading industries. Recent news includes Euronext's share repurchase program, Italy's CONSOB blocking unauthorized websites, and regulatory actions against brokers like Rodeler Ltd, which had its CIF license withdrawn by CySEC. The article discusses the implications of these regulatory actions and highlights the ongoing challenges faced by brokers in the UK and EU markets.

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