Expert24trade Review: Is Expert24trade a fraud or legitimate?

This Expert24trade review explores whether it is a scam or not. Several unfavorable incidents show that using an broker for investments is not secure. Read Scam Helpers’ Expert24trade Review. Based on reliable information gathered from reliable sources, this Expert24trade review has been created.

Expert24Trade claims to be a premier CFD expert, yet its offerings diverge from standard forex and CFDs to solely binary options on a web-based platform. Operated by Affort Projects S.A., located offshore in Seychelles, on behalf of an undisclosed entity, FGC, which supposedly holds a financial services license, Expert24Trade’s transparency raises concerns. Despite Seychelles’ financial sector oversight by the Financial Services Authority (FSA), thorough searches yielded no presence of Expert24Trade, Affort Projects S.A., or FGC in FSA registers.

This discrepancy suggests Expert24Trade intentionally deceives customers about its legitimacy and licensing. Engaging with unregulated brokers like Expert24Trade poses significant risks, as they lack accountability for fund handling and often engage in fraudulent activities. Traders should exercise caution and thorough research before entrusting funds to entities with questionable transparency and regulatory compliance.


Address: Seychelles

Regulated: Unregulated

Warning by: Not Recommended By Review Website Like Scam Helpers

Domain Age Information of Expert24trade

  • Domain Name: EXPERT24TRADE.COM
  • Registry Domain ID: 2848622724_DOMAIN_COM-VRSN
  • Registrar WHOIS Server:
  • Registrar URL:
  • Updated Date: 2024-01-22T19:55:08Z
  • Creation Date: 2024-01-22T19:28:21Z
  • Registry Expiry Date: 2025-01-22T19:28:21Z

Expert24trade Review: Evaluating Expert24trade‘s Reliability

The Scam Helpers Team has conducted a thorough investigation to obtain the Expert24trade Review’s facts. It is advisable to first read reliable analyses created by professionals to prevent falling for an investment scam scheme. has been considered possibly fraudulent based on several convincing factors and concerning information that has surfaced. The majority of scam brokers don’t operate transparently; they don’t give detailed information about their financial situation, company plan, or management team.

Potential investors are unable to make informed selections due to this lack of transparency, which also creates suspicion. Scammers are also famous for their unrealistic claims that defy market logic. Such assertions must to be taken very suspiciously since they frequently seem too good to be true. To safeguard themselves from any frauds and loss of funds, prospective investors and those looking for financial possibilities should proceed with the utmost caution and properly investigate any firm before doing business with them.

Identifying Warning Signs in Expert24trade Operations:

Warning Signs of Scam Brokers

When it comes to identifying potential scam brokers, it is crucial to be aware of the red flags that often indicate fraudulent activities. Here are key points highlighting the red flags associated with scam brokers and our broker research has also found more than one red flags in Expert24trade broker activities. Stay alert!

Lack of Regulation

Scam brokers often operate without proper licenses and regulations from reputable financial authorities. The absence of regulatory oversight raises concerns about the broker’s legitimacy and client protection.

Poor Transparency

Legitimate brokers are transparent about their operations, fees, and terms. However, scam brokers often lack transparency, withholding vital information about their company, ownership, and management.

Pressure to Deposit Additional Funds

Scam brokers may continuously pressure clients to deposit additional funds, often claiming it is necessary to access better trading opportunities or higher returns.

Negative Reviews and Complaints

A significant red flag is the presence of numerous negative reviews and complaints from clients. Reports of financial losses, withheld funds, or difficulty in closing accounts are indicators of potential fraudulent activities.

Withdrawal Issues

Scam brokers may create obstacles or delays when clients attempt to withdraw funds. Withdrawal requests may be subject to excessive fees, minimum thresholds, or simply rejected without valid reasons.

Understanding Trading Scams: How They Work

One of the most common forms of online trading scams involves showcasing profitable trades to entice investors into a false sense of security and make them believe that making money is easy. Once trust is established, the investor is encouraged to invest more money to receive even greater returns. In some cases, other incentives may be offered to encourage the investor to invite friends and family to join the platform as well. 

They will suspend or close your account when they believe you are unable to invest any more money in the fraud, and you won’t likely hear from them again. To appear trustworthy in the eyes of potential customers, many scam companies falsely state that they are headquartered in a regulated jurisdiction by using fictitious locations and regulation licenses.


Protecting Yourself from Scam Brokers: Key Measures

To protect yourself from Expert24trade or other scam brokers, here are some important measures to consider:

  • Do good research about the broker. Go through Expert24trade reviews and other broker reviews. Pick a broker with positive reviews. A conventional web search can give experiences into whether negative remarks could simply be a disappointed broker or something more serious.
  • Opt for brokers that maintain transparency in their operations. They should provide clear information about their ownership, management, fees, and terms.
  • Ensure the reviews do not contain anything negative about the broker’s withdrawal process.
  • If you are happy with your examination on a specific broker, then trade for a while first, and afterward attempt to make a withdrawal.
  • If you face some issues, discuss them with your broker. If it doesn’t go well, file a complaint and share your experience online with everyone.

By following these guidelines, you can significantly reduce the risk of falling victim to scam brokers and protect your investments and financial well-being.

Final Verdict: Expert24trade Legit or Scam?

After reading this Expert24trade review, you can decide whether to consider as a legit broker or a scam. We unequivocally encourage all traders and investors to keep away from scam brokers and similar brokers. If you want to trade online, find a broker who is regulated and has trusted and positive reviews.

Scammed by Expert24trade? Trust Scam Helpers for Recovering Lost Funds!

If you are a victim of Expert24trade scams or other scams like forex scams, cryptocurrency scams, binary scams, etc., file a complaint here to get your funds back. Scam Helpers can process your complaint and help you in fund recovery. We should begin and determine the matter before the harm is considerably greater. Your one step can save you and other people from being cheated by such brokers.

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Note: The information provided in the above Expert24trade review is based on existing Expert24trade reviews. It is important to note that we are not responsible for any legal action taken by Expert24trade company. For any inquiries or concerns, please contact us via email at

The information on this website is for general purposes only and not a professional advice. We do our best to ensure accuracy but cannot guarantee it. Website visiors should seek professional advice before making any decision. We are not liable for errors or actions taken based on the information we have provided. Referrals to third parties may result in compensation as an affiliate.