24Winner Scam – The Binary Options Broker That Didn’t Like Allowing Withdrawals!

24Winner emerged as a promising Binary Options broker based on the KeyStone platform. The platform facilitated with seven languages including Spanish, Italian, German, Russian, French, English, and Arabic…

24Winner Broker Website Screenshot

24Winner didn’t entertain clients from the US and Canada. The broker offers around 200 assets including currencies, commodities, stocks, and indices.

Before you opt for any of the Winner brokers, you need to watch them closely. This is why we’ve decided review this broker to let our readers know about the truth behind 24Winner scam complaints, the history of the company, and the features of the platform.

24Winner Review Summary

Cost: $250+

Recommended: No (See Our Top Ranked Legit Program Here)

Rating: 0/100

Summary: 24Winner, just like Banc De Binary was actually one of the few binary options brokers that was regulated, however unlike BDB they didn’t make anywhere near as big of an impact in the binary options industry & they closed down not actually too long after launch. The closure came as good news though as 24Winner operated bad practices & parted thousands with their cash. If you have lost money to 24Winner keep reading to see how you can get it back.

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We appreciate that you might not want to read the full review of 24Winner & that you might have just came here looking for some specific information so to make things easier for you we’ve put together some quick navigation links below:

 

24Winner Background

Initially, Safecap Ltd. launched Winner Option but later changed it to 24Winner. The Winner’s story begins with the casino services facilitating sports betting. Then it decided to enter the Binary Options market. Winner Option was changed to 24Winner back in October 2014.

Safecap Ltd. owns and operates 24Winner from Treppides Tower, Kafkasou 9, Aglantzia, Nicosia, Cyprus.

  • Email: accounts@24winner.com
  • Phone: +61 180 002 8240 (Australia) +44 800 170 0417 (UK) +41 435 080 597 (International)

24Winner is popular for the provision of top indicators and economic calendar. These features helped the traders to keep a closer eye on the global market and its trends. The traders knew about the upcoming market reports. They were better able to anticipate the ratings, significance, and impact of the major currencies.

The daily market updates kept the traders aware of the crucial happenings in the market. This feature made it easier for traders to make the right predictions. The platform archived the daily reports. As a trader, you easily track the trends without facing any complications. The major economic events, global scale, and market commentary had been the regular part of these daily updates.

In addition, 24Winner facilitated its clients with an eBook (Free) that explained the basics of the Binary Options Trading. The book contained valuable content about the psychology of Binary Options Trading. It also contains useful trading tips which mainly focused on trading tools.
Apart from the education material and daily updates, the broker’s website featured a video library. These videos contained discussions, basics of trading, and useful instructions to make life easier of the newbies.

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Is 24Winner Regulated?

Yes, 24Winner is REGULATED under CySEC. But unfortunately, the platform didn’t manage to comply with the regulations in the true sense. On July 2, 2015, Safecap Investments Ltd. was fined EUR 168,000 by CySEC for failing to comply with the Regulated Markets Law (2007).

24Winner isn’t authorized to invite clients from the US or Canada.

Unfortunately, 24Winner closed its doors in January 2016 for some legal complications. It is a shame to see another regulated broker biting the dust.

24Winner Complaints

24Winner didn’t offer a free/demo account. This had been the biggest drawback. There had not been any serious complaints about 24Winner. There are no signs of a scam activity. The company has a high status in the casino industry as well.

We think that 24Winner should have been operational because Safecap is a popular name and the administration could have served the traders in a better way. The lack of compliance with the Financial Regulatory Authorities resulted in a disappointing end.

24Winner Withdrawal

24Winner entertained Wire Transfer, Credit Cards, and eWallets (Neteller, Skrill, and WebMoney).

You could withdraw funds by using the same method through which you deposited your funds.

The withdrawal processing required from 5 business days to 7 business days. There was no fee charged for the processing of a withdrawal.

Is 24Winner a Scam?

24Winner scam chances are next to none. The company didn’t manage to hold on for a long time and it seems as if the administration was no more interested in doing so. The broker never introduced a mobile app. Though the website gave some hints about the upcoming app it never emerged.

There were also some hints about the provision of a free/demo account. But the broker had to close its doors before too early. To sum up, 24Winner was a nice, flexible, easy-to-use, and a promising Binary Options broker. It never tried to attract the clients from the regions it wasn’t authorized to operate in. We never saw a hint of any malicious intentions from its administration.

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Our Verdict on 24Winner

Thumbs Down

We liked 24Winner for various reasons. It was regulated, legitimate and transparent. The broker never overcharged. In fact, there was no withdrawal fee. The trades were served with exceptional daily updates from the most reliable sources dealing in the global trading. The biggest plus was the ownership of a popular company that was registered and licensed. It seems as if the company was fine with the betting industry to it ultimately decided to quit the Binary Options platform.

Get Your Money Back From 24Winner

To be honest, it didn’t seem like 24Winner made any sort of break in the binary options broker marketplace so we doubt that it attracted many clients, in fact we doubt it attracted any at all, but if you did happen to be scammed by 24Winner then you have landed in the right place.

We have put together a free money reclaim guide which shows you step by step exactly how you reclaim lost funds from a binary options scam & it has been proven to work.

To date the exact guide has helped thousands of people to recover their lost funds from binary trading scams & therefore if you have lost money to 24Winner we know it can also help you too.

You can get access to the guide 100% free by clicking here now.

A Legit Way To Make Good Money

If you came here because you were interested in binary trading & thinking about trading with 24Winner, then you will be no doubt disappointed to hear that the whole thing is a big scam – however don’t fret, because there are much better, legitimate ways to make good money online.

Whilst carrying out our investigations here at Stopping Scammers we’ve come across MANY legitimate opportunities – however there has been 1 in particular that has stood out from all of the rest.

As a result we have decided to crown this particular opportunity our number 1 recommendation for working from home & you can get access to it fro free by clicking on the link below:

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About the Author:
Hi, I'm Dale, the founder of Stopping Scammers. I fell victim to an online scam many years ago & I launched this website, as a result, to protect others from making the same mistake. I now earn a living working online after discovering a legitimate method called affiliate marketing & I aim to share what I've learned to help others to do the same. You can report a scam here or you can see the legitimate methods for earning online here. I truly hope you find this website helpful.

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