24dailyminingweb is a CFD broker with a domain name registered on August 30, 2023. This broker primarily provides investment services for trading markets including forex, cryptocurrency, indices, stocks, energy, and commodities. It does not offer services in countries and regions where such services might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the public information on 24dailyminingweb’s official website, the broker was founded in 2016 and claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose company entity registration information or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not have any records of a regulated company named "24dailyminingweb".
Therefore, 24dailyminingweb is essentially a scam broker website without any physical company entity or regulatory oversight.
Account Opening Process
The account opening process for 24dailyminingweb involves visiting the broker’s official website, clicking "Open Account" on the homepage or "SIGN UP" at the top right of the webpage to access the account registration page. Fill in personal information such as name and email address, set up a login password, and submit. After verification, the account can be successfully registered.
Trading Instruments
24dailyminingweb offers a variety of trading instruments, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific sector without trading individual stocks. Exploring popular indices can uncover diverse trading opportunities and leverage to boost potential returns.
- Commodities: Commodity trading covers key resources in global markets, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of public companies, earning from price changes and dividends based on company performance without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from high-volatility assets.
Investment Plans
24dailyminingweb provides four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: $500 or GBP
- Minimum expected profit: $3,500 or GBP
- Maximum expected profit: $5,000 or GBP
- Trader education*
- Risk management
- Tax-free spread trading profit
CLASSIC ACCOUNT:
- Minimum deposit: $5,000 or GBP
- Minimum expected profit: $45,000 or GBP
- Maximum expected profit: $50,000 or GBP
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profit
PLATINUM:
- Minimum deposit: $10,000 or GBP
- Minimum expected profit: $99,999 or GBP
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profit
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Use with any broker
Trading Platform
24dailyminingweb provides users with its self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with more than 12,000 orders executed per second from a comprehensive liquidity provider. However, upon clicking the download link, it shows the MT4 trading platform, and no broker named 24dailyminingweb is found on the MT4 platform.
Deposits and Withdrawals
24dailyminingweb does not allow deposits and withdrawals via credit card or bank wire transfers, only supporting cryptocurrency transactions.
Conclusion:
Traderknows reminds investors that 24dailyminingweb is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
