24 Yield

24 Yield Review – Is This Broker a Scam?

When it comes to online trading, choosing the right broker is everything. A legit platform provides security, transparency, and fair trading conditions. But what if a broker is hiding something? What if, behind flashy promises, there’s a high-risk scam waiting to drain your funds?

That’s exactly what we’re investigating today. 24 Yield presents itself as a reliable trading platform, but does it actually live up to that image? Or is it just another fraudulent operation dressed up with fake reviews and misleading claims?

Our team dug deep into 24 Yield’s licensing, reputation, and operational history—and let’s just say, the results were alarming. From a suspicious registration date to untrustworthy regulation and questionable customer feedback, the warning signs are everywhere.

So, should you trust this broker with your money? Let’s break it down and expose the truth.

24 Yield – General Broker Information

Here’s a breakdown of 24 Yield’s key details, including their trading conditions, account types, and contact information.

Broker Overview

Trading Platforms

• TradingView (Limited platform support compared to reputable brokers)

⚠ Restricted Countries

• United States (Likely due to regulatory issues)

Account Types & Minimum Deposits

24 Yield offers multiple account tiers, but their minimum deposit is suspiciously high, a common trick used by scam brokers.

Why is this suspicious?

• $500 is already above industry standards (legit brokers allow trading from $10–$100).

• Higher accounts require absurd deposits, making it easier to trap victims into bigger losses.

Contact Information

• Email: [email protected]

• Phone Number: Not provided (another red flag)

Final Thoughts

24 Yield lacks transparency, uses a weak offshore license, and demands high deposits with no guarantee of fund safety. The absence of strong regulation, withdrawal complaints, and fake reviews makes this broker extremely high-risk. If you’re considering trading with them, think twice—because getting your money back might not be an option.

24 Yield Review: Date of Domain Registration

Let’s start with something basic but crucial—when was their domain registered? If a broker claims to be a long-established company but their website appeared just yesterday, it’s a huge red flag.

24 Yield states that it was established in 2020, which should suggest a few years of experience in the market. But hold on—their domain was only purchased on August 29, 2022.

Think about it—how does a company operate for two years without a website? It doesn’t add up. A legitimate broker, especially one that allegedly deals with international clients, would need an online presence from day one. But here, we see a two-year gap.

This mismatch is a classic indicator of a fabricated history. Scammers often create a fake “founding year” to appear more reliable and experienced. They know traders trust brokers with a longer track record. But a quick domain lookup exposes their lie in seconds.

So, what’s the real story? Either they’re lying about their founding date, or the website was repurposed from something else. Either way, it’s shady. Would you trust your money with a company that starts off with deception?

24 Yield Review: Suspicious Licensing

Regulation is what separates legit brokers from outright scams. If a broker has no proper financial oversight, it means they can manipulate trades, refuse withdrawals, or even disappear overnight—and you’ll have no legal recourse. So, where does 24 Yield stand?

They claim to be regulated by the FSC (Financial Services Commission). Sounds official, right? Well, not so fast.

FSC – A Weak and Unreliable Regulator

There are many financial regulators worldwide, but not all of them are trustworthy. The FSC in this case is most likely referring to Belize’s Financial Services Commission—an offshore regulator with practically zero oversight.

Here’s the issue: offshore licenses mean nothing when it comes to trader protection. Regulators like the FCA (UK) or ASIC (Australia) enforce strict rules, requiring brokers to hold segregated accounts, provide compensation funds, and undergo audits. The FSC? They don’t even verify if a broker has real offices.

But it gets worse. 24 Yield’s license is explicitly marked as “The license cannot be trusted” in our analysis. This means either:

• The license is fake (yes, scammers love to photoshop regulatory certificates).
• The broker is misusing a license from another company (common scam tactic).
• The regulator is so weak that having their license offers no real protection to traders.

Why Do Scammers Use Fake or Weak Licenses?

Because they know most people won’t check! The average trader sees “regulated” and assumes they’re safe. But in reality, this license offers zero guarantees that you’ll ever see your money again.

So, let’s ask the big question: Why would a legitimate broker choose an unreliable regulator? The answer is simple—they don’t want actual oversight. They want to operate freely, making fake promises and locking traders’ funds without consequences.

Would you trust a broker that deliberately avoids strong regulations? If they were serious, they’d be licensed by FCA, ASIC, or CySEC—not some offshore authority that lets anyone buy a license like a Netflix subscription.

24 Yield Review: Suspicious Trustpilot Reviews

A broker’s reputation is one of the easiest ways to spot a scam. Real traders leave real feedback—whether good or bad. But when a broker manipulates reviews, it’s a huge red flag. So, what’s the situation with 24 Yield?

Trustpilot Score – Too Perfect to Be True?

At first glance, 24 Yield has a 4.3-star rating on Trustpilot. Not bad, right? But let’s look deeper.

• Total reviews: 60
• Bad reviews: 8

Now, here’s where it gets suspicious: scam brokers love inflating their ratings. They hire fake reviewers to write positive feedback, drowning out real complaints. And looking at the numbers, only 8 bad reviews? That’s a common indicator of review manipulation.

How Do We Spot Fake Reviews?

Our team checked the reviews, and here’s what stood out:

1. Same Writing Style – Many positive reviews use generic phrases like “Amazing broker, fast withdrawals, great support”—but with no real details. Real traders mention actual experiences (deposit issues, trade execution, etc.), not just vague praise. 
2. All Reviews in a Short Timeframe – If you see a sudden flood of 5-star reviews over a few days, it’s usually a paid review campaign. Legit brokers get reviews gradually over time. 
3. No Mention of Issues – Every broker, even the best, gets some real complaints. But here, the negative reviews are too few—which suggests bad reviews are being reported or buried. 
4. Fake Accounts Posting – Many reviewers have no other reviews on Trustpilot. That’s a huge indicator of paid bot accounts. 

What Are the REAL Traders Saying?

The negative reviews (which scammers try to hide) tell a different story:

• “They blocked my account when I tried to withdraw.”
• “Support stopped answering after I deposited more money.”
• “Trades are manipulated, spreads are insane.”

And suddenly, it makes sense. The good reviews look artificial, while the bad reviews describe actual scam tactics—withdrawal refusals, trade manipulation, and ghosting customers.

The Verdict?

24 Yield is actively trying to cover up bad feedback with fake reviews. If they were legit, they wouldn’t need to pay for fake praise—their real users would recommend them. But when a broker spends more time faking a reputation than actually providing good service, you already know the truth.

Would you trust a broker that hides real complaints and fabricates fake praise? Probably not.

Final Verdict: 24 Yield is a High-Risk Scam

After a deep dive into 24 Yield, the warning signs are impossible to ignore. This broker ticks every box on the scam checklist—from a suspicious domain registration date to fake licensing and manipulated reviews. Let’s connect the dots one last time.

1. Lies About Its History – They claim to be established in 2020, yet their domain was only registered in 2022. How does a broker exist for two years without a website? It doesn’t. They’re fabricating their background to appear more legitimate. 
2. A Worthless License – Their so-called regulation comes from the FSC, an offshore watchdog with no real oversight. This means there’s zero trader protection—they can steal your money and face no consequences. No serious broker would avoid top-tier regulators unless they had something to hide. 
3. Fake Reviews to Cover Up the Scam – A 4.3-star Trustpilot rating might seem impressive, but when you analyze the reviews, the truth comes out. Paid positive feedback, fake user accounts, and buried complaints all point to reputation manipulation. Meanwhile, real users report withdrawal issues, account blocks, and trade manipulation. 

Should You Trade with 24 Yield? Absolutely Not.

This isn’t just an untrustworthy broker—it’s a dangerous one. The moment you deposit funds, you’re at high risk of losing everything. Their fake regulatory status, questionable reputation, and deceptive business practices all scream fraud.

If you’re looking for a real trading platform, go for brokers with transparent regulation from FCA, ASIC, or CySEC. But 24 Yield? Stay far away—because getting your money out of this scam will be near impossible.