Questionable Background and Claims
EXT24 has allegedly been established since 2018, and it is also part of a group of companies, which was created in 2005. According to EXT24, the all-in-one trading platform allows users to trade Forex, Indices, Metals, Commodities, and Cryptocurrencies in one place under one account, which sounds very appealing to many traders. Yet, the actual reality is nothing to be impressed by.
Domain and Regulatory Red Flags
EXT24 states they were purportedly established in 2018, yet the actual domain was created on 31 March 2025. This brings the legal history of EXT24 until at least 2025 into question. Accordingly, the platform claims that it is regulated by the Cyprus Securities and Exchange Commission (CySEC), but there is no registration matching EXT24 in the CySEC database.
Warning from CONSOB
Additionally, what should be even more disconcerting is the fact that CONSOB, the Italian financial regulator, issued a warning against EXT24’s website, banning the illegal offering of financial services. This message can make it abundantly clear that EXT24 is operating without regulatory approval.
No Legal Safeguards for Investors
Put these issues together to arrive at an unacceptable outlook; EXT24 is not regulated, mentions misleading arguments, and then you will find many problems in dealing with EXT24. Traders don’t have legal protection for their investment dealings with EXT24, meaning recovery of funds will be very difficult at best and won’t happen in any case.
Concerned about your investment with EXT24?
Do not hesitate to contact Legal Certifi to assist you in recovering your funds from an unregulated trading platform.
Check more scam broker reviews here.
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