FlowTrade24 Review – Detailed Research As Turning Point

If you were expecting this broker to be honest with you, there are clear signs to forget about it. But it’s a short distance between throwing your money away and keeping it safe.

Luckily, our FlowTrade24 review brings you all the necessary details to stay away from fraudsters. Thus, if you don’t follow our guidelines, don’t say you were not warned.

Broker status:	Unregulated Broker
Regulated by:	No regulations
Operating Status:	Active FX and CFD trading scam
Known Websites:	https://flowtrade24.com/
Blacklisted by:	FSMA, CNMV
Owner:	Flow Trade 24 (Europe) Ltd
Headquarters Country:	Netherlands
Foundation Year:	2023
Online Trading Platforms:	Web-based
Mobile Trading:	Not available
Minimum Deposit:	$250
Deposit Bonus:	Available
CFD Trading Option:	Yes, you can trade CFDs
Crypto Asset Trading:	Yes – BTC, ETH, XRM
Available Trading Instruments:	Forex, stocks, cryptos, commodities, indices
Maximum Leverage:	1:500
Islamic Account:	Not available
Free Demo Account:	Not available
Accepts US clients:	US clients are not accepted
Global Fraud Protection Experts’ Verdict:	Since the company is primarily targeting Europeans without any European regulation, it’s clear they are not legitimate. Therefore, if you have your money stuck with this scam broker, contact our refund team immediately.

Is FlowTrade24 Legit or a Scam?

As can be seen, this broker reveals three of their addresses. One is in the UK, one is in the Netherlands, and one is in Switzerland. Therefore, we have something to do. We need to check those country’s regulatory databases and confirm the broker’s legitimacy. Those would be registers of the FCA, AFM, and FINMA. Sadly, none of these hold any records of this broker being regulated. Neither does any other database, such as BaFin, ASIC, or CFTC.

With this in mind, traders can forget about negative balance protection, segregated bank accounts for deposits, and compensation schemes. In the end, all this can play a key role in your trading future.

On top of that, the company’s owner was found on multiple warning lists. It was primarily listed in a CNMV warning that was later reposted by FSMA.

Traders Experience With FlowTrade24

According to FlowTrade24 reviews, some might think that this company is genuine. Yet, only just a bit above 50% of the reviews on Trustpilot are 5-star rated. But that doesn’t mean anything if the company is not regulated.

In general, with unregulated brokers, problems see the light of the day one way or another. That’s why we encourage our readers to leave a comment about the broker. Or contact us directly if you have some issues that can be solved, such as withdrawal-related issues.

How Does FlowTrade24 Work?

Obviously, this firm has been hiding most of its trading conditions. Yet, they expect you to throw your money away with them. On what grounds? It remains a question. In any case, once you deposit your first $250, they will be asking for more.

In the end, it’s up to the trader if they will fall for the company’s fake offers, such as bonuses, loans, trading signals, or whatever else they come up with. Ultimately, all these traders end up with funds stuck with a broker. If that happens to you, contact our refund team immediately.

Who Are FlowTrade24 Victims?

Since the FlowTrade24 broker was established in 2023, there was plenty of time to build credibility. To be fair, with the company’s reviews, it might look like they did it.

However, the targeting area shows a different story. In fact, most of the company’s clients and victims come from countries like:

• Austria
• Germany
• Switzerland

Fairly, these are top-notch regulated countries, and their citizens are highly protected. If you are one of those and have funds stuck with the FlowTrade24 Forex broker, contact us for refund advice.

What Are Trading Platforms Available?

One of the biggest disadvantages of unregulated firms is their trading software. Very often, you will see only a web-based platform available. But the main reason for that is the possibility of manipulation.

These platforms are easily accessible through the back end. That means the broker can create any market situation they think would extort more money from a customer. That’s why cTrader and Meta Trader are the best tools in combination with regulated brokers.

Is the FlowTrade24 Mobile Trading App Available?

Generally, if you see a broker offering only web-based platforms, it’s hard to believe they offer trusted mobile apps. The confirmation of that can be easily proven with this broker. But that’s why not so many traders trust their money with them.

What Financial Instruments Does The Platform Include?

If you are looking for a good investment plan, it’s better to diversify your portfolio. However, scam brokers often use that as an advantage to present themselves as a valuable source of investment options. Thus, those are mostly fake.

Anyway, investment options consist of:

• Forex – USD/EUR, EUR/SEK
• Indices – FTSE100, NASDAQ
• Shares – Walt Disney, Netflix
• Cryptos – BTC, ETH
• Commodities – gold, natural gas

Account Types Offered by FlowTrade24

Generally speaking, the FlowTrade24 account types reveal only fictive benefits they provide to traders. Such as tax specialist consultations, 1 on 1 session with market analysts, VIP events, and much more. Thus, better investment conditions are nowhere to be seen. Yet, they will ask you to deposit:

• Standard – $250
• Silver – $10.000
• Gold – $50.000
• VIP – $100.000
• Pro – $500.000
• Hedgefunds – $1M

Can a Trader Use a FlowTrade24 Demo Account?

Before you decide to throw your money away, you don’t have a suitable option to test the company’s features either through a demo or micro-accounts. That’s why it’s better to read our Market Equity review before you end up losing the money.

FlowTrade24 Fees, Spreads, Leverage and Commission

Important to realize is that the company doesn’t share many of the investment costs. Starting with fees and commissions. With this in mind, you can definitely expect manipulation around it.

In any case, the company advertises spreads from 0.2 pips. But can you truly trust those without regulation? On top of that, there’s leverage of 1:500, which is a clear sign of an investment scam. Especially without a negative balance protection.

Is the FlowTrade24 Welcome Bonus Available?

On top of all the shady details about this broker, they are also offering a welcome bonus. But of course, without any transparent bonus policies.

Therefore, if you accept any of their offers, prepare for a disaster. Or simply read our CKMarkets review to avoid it.

Is FlowTrade24 Withdrawal Possible?

If you are hoping for a FlowTrade24 withdrawal to be smooth, stop it right now. Firstly, the company is hiding its legal documents, withdrawal policy, and who knows what else.

On top of that, the company is not regulated, and there are multiple warnings against them. Consequently, whatever they claim to offer is questionable — primarily the withdrawal procedure, processing time, and fees.

What Should I Do If I Have a FlowTrade24 Problem?

If you have exposed the FlowTrade24 scam, you should report it to local regulatory authorities immediately. After a few complaints, they can easily publish a warning and help other traders avoid this scam.

However, we know you are only looking for a way to recover your money. Luckily, regardless of payment method, our refund specialists know how to help you. Before any unplanned moves, you can book a consultation with our team completely free. Get in touch today, explore your options with professionals, and get into action.