Business24-7 operated as an online brokerage firm targeting retail investors with services in forex and Contract for Difference (CFD) trading. The company has no known history of being a legitimate, regulated entity. It came to public attention primarily through warnings issued by financial authorities in several European countries who identified its operations as illegal. Regulators, including the UK's FCA, Italy's CONSOB, and Belgium's FSMA, have flagged the firm for providing financial services without the necessary licenses and, in some cases, for acting as a "clone firm" by illegitimately using the details of a registered company. The websites associated with the brand are now largely defunct, and the entity is considered a fraudulent operation by regulators.