Once considered a major player in the binary options and CFD trading space, this 24Option review 2025 will expose how the platform evolved from a heavily marketed brand into a full-blown scam broker with regulatory violations, withdrawal issues, and misleading practices. While the original 24Option website is no longer active, it has not disappeared—it simply changed its name and now operates under the InvestMarkets brand, continuing the same shady legacy under a new mask. Old broker operating under new name – be sure to read before trading!
📌 What Is 24Option?
24Option was launched in 2010 and gained popularity as a binary options broker. It later transitioned into CFD and forex trading to avoid tightening regulations around binary options. The broker was operated by Rodeler Limited, a Cyprus-based company, and regulated by CySEC for a period. However, despite its regulatory cover, 24Option faced numerous fines and complaints from users worldwide, especially due to its aggressive marketing, unethical account management, and withdrawal problems.

🚩 Key Features of 24Option (Before Becoming InvestMarkets)
Feature | Details |
---|---|
Trading Instruments | Binary Options (initially), CFDs, Forex, Commodities, Crypto |
Platforms | Proprietary web trader, MetaTrader 4 |
Regulation (past) | CySEC (withdrawn), IFSC (Belize) |
Minimum Deposit | $250 |
Leverage | Up to 1:400 (offshore clients) |
Withdrawal Methods | Bank wire, Credit card, Skrill, Neteller |
Hidden Fees | Yes |
Active Years as 24Option | 2010 – ~2020 |
🚨 Why 24Option Turned Out to Be a Scam
1. ❗️ Misleading Regulation Status
Although 24Option once held a CySEC license, it was eventually withdrawn due to non-compliance. The broker shifted operations offshore, seeking laxer jurisdictions such as Belize, which allowed them to operate without proper consumer protections. They marketed themselves as regulated but in reality operated like an unregulated scam broker in many regions.
2. ❗️ Withdrawal Problems and Account Freezing
Thousands of traders reported issues such as:
- Blocked withdrawals without explanation
- Account freezing after profitable trades
- Constant pressure to deposit more funds
- Delays of weeks or months to process withdrawal requests
These tactics are classic hallmarks of scam brokers, and 24Option was no exception.
3. ❗️ Aggressive and Unethical Account Managers
Users were assigned account managers who would push them to:
- Deposit larger sums
- Make high-risk trades
- Ignore withdrawal requests
- “Reinvest” instead of cashing out
Several complaints stated that these “managers” often mocked clients who questioned the legitimacy of the platform—another red flag in identifying a fraudulent broker.
4. ❗️ Fake Bonuses and Fine-Print Traps
24Option used enticing sign-up bonuses with hidden conditions. For example:
“Withdrawals are not allowed until a 50x trading volume is reached…”
This made it nearly impossible for traders to withdraw their money, effectively locking user funds until they gave up or lost everything.
📉 Decline, Complaints, and Regulatory Action
Numerous financial authorities issued warnings or banned the broker:
- CySEC fined Rodeler Ltd and later revoked its license.
- UK’s FCA issued investor warnings.
- Italy’s CONSOB and France’s AMF blacklisted the platform.
- Complaints were filed with the Australian ASIC and Canada’s CSA.
By 2020, the damage to the 24Option brand was irreversible. But instead of closing, they simply rebranded.
🔄 From 24Option to InvestMarkets: A Scam Rebranded
If you’re wondering “What happened to 24Option?”, the answer is simple: it became InvestMarkets.
- Operated by the same parent company: Rodeler Ltd and related entities
- Similar website structure, design, and platform
- Reuses old 24Option customer data
- Offers similar bonus traps and manipulative tactics
Despite the name change, the scam lives on under the InvestMarkets brand.
🛑 Red Flags: Is 24Option a Scam?
In our 24Option 2025 review, we will provide a short list of warning and scam signs:
Red Flag | Description |
---|---|
False Regulation Claims | Claimed to be regulated when it wasn’t |
Withdrawal Issues | Users couldn’t access their funds |
Aggressive Sales Tactics | Pressured users into risky, impulsive decisions |
Account Freezing | After profitable trades, accounts were locked or deactivated |
Hidden Terms in Bonuses | Made it impossible to meet withdrawal requirements |
Regulatory Fines and Sanctions | Fined by CySEC and blacklisted in Europe |
Rebranded Instead of Closing | Operating today as InvestMarkets to continue deceiving new traders |
📢 Real User Reviews of 24 Option
- “I deposited $1000, made $700 profit, and they refused to let me withdraw even a cent.”
- “The account manager called me every day to invest more. After I stopped, I was locked out.”
- “Scam alert. Stay away from InvestMarkets too – it’s the same people!”
Search engines are still flooded with queries like:
- is 24 Option legit?
- 24Option withdrawal problems
- 24Option vs InvestMarkets
- InvestMarkets scam review
All of which point to the same fraudulent ecosystem.
🧩 Comparison Table – 24 Option vs Legit Brokers
Feature | 24 Option / InvestMarkets | Regulated Broker (e.g., IG, eToro) |
---|---|---|
License | Revoked / Offshore | FCA / CySEC / ASIC |
Withdrawal Time | Often blocked or delayed | 1–3 business days |
Transparency | Low | High |
Customer Support | Aggressive & manipulative | Professional |
Trustpilot Score | Poor | Moderate to High |
Safety of Funds | No guarantees | Segregated accounts |
🔚 Final Verdict – 24Option Is a Scam Disguised as InvestMarkets
After analyzing all available facts, complaints, and regulatory records, it is clear in our review that 24Option was a scam broker that exploited traders for years under the guise of being “regulated” and professional. The transition to InvestMarkets did not fix these issues—it simply allowed the same people to continue operating under a new identity.
If you are considering trading with InvestMarkets or any brand related to 24Option: don’t. Your funds are not safe, and you risk losing everything due to unethical practices and fake promises.
We are reccomend a more reliable FTT / digital and binary options brokers broker to trade with, we suggest you consider Quotex, IQ Option and Olymp Trade.
🔍 Frequently Asked Questions (FAQ)
It was regulated by CySEC, but the license was withdrawn. Today, it’s an unregulated entity operating offshore.
No. The brand has been shut down and rebranded as InvestMarkets.
No. It’s a rebranded scam operation by the same people behind 24Option.
You can try to:
– Report to financial regulators
– File a complaint with Your country’s financial authority
– Contact a fund recovery specialist
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