Broker Review

Unauthorised Firm Details

Name: 24era.com
Website: www.24era.com

24era is an online trading platform that claims to operate outside of the United Kingdom. It offers investors opportunities to trade and promises attractive returns. However, the Dutch Authority for the Financial Markets (AFM) has warned against using 24era, stating it operates without proper regulation.

Without oversight from trusted financial authorities, platforms like 24era can easily mislead users. The AFM has advised people to avoid interacting with 24era, as doing so puts their money at high risk.

Unregulated Company

One major issue with 24era is its lack of regulation. Although it asserts that it operates from the UK, it lacks a legitimate license from recognized financial authorities. This is a serious red flag because regulated companies must follow strict rules to protect investors .An unregulated platform like 24era isn’t required to be transparent about its operations, leaving users vulnerable to scams. There’s no watchdog to ensure it operates fairly or that your funds are secure.

Warning Signs and Complaints

Many users have reported problems with 24era. One frequent issue is the difficulty in withdrawing funds after depositing on the platform. Many have found customer support to be unresponsive, which leads to frustration and concern among investors.
Other warning signs include misleading promises of high returns and unclear policies about fees and trading conditions. Scam platforms commonly use these tactics to trick people into investing.

False Promises and High-risk Investments

24era markets itself as a low-risk, high-return trading platform. It promises easy profits and smooth trading experiences, but these claims are too good to be true. Without regulation, there’s no guarantee that 24era can deliver on these promises.
Instead, users are often left with losses, as the platform is not accountable to anyone. Investing in platforms like 24era is extremely risky, and the potential for fraud is high.

Conclusion

The 24era scam highlights the necessity of exercising caution when choosing an online trading platform. With no regulatory framework, numerous complaints, and promises that are hard to believe, 24era is a dangerous option. The Dutch Authority for the Financial Markets (AFM) has already allocated a warning, advising individuals to avoid it.