Terms of trade

S24 Trading Ltd. achieves competitive edge over its industry rivals by providing its clients with the most favorable conditions for trading in the financial markets. Due to the huge volume of registered positions at any one time, S24 Trading Ltd. is able to offer some of the lowest spreads between the buy and sell prices of assets.

For a more flexible selection of expected profits and risks, the financial leverage on offer ranges from 1:5 to 1:1000, depending on financial strategy and broker choice.

S24 Trading Ltd. provides full access to the international currency market, contracts for difference (CFDs), the indices of the largest exchanges, and the commodities markets, while removing the commission for processing transactions by charging a fixed spread covering the difference between purchase and sale prices.

Once a day, depending on volume, transactions are subject to a small commission (rollover) for the transfer of the transaction from night to morning, with the transfer from Wednesday to Thursday incurring triple the amount.

In practice, these required transactions are extremely rare under requote conditions, and usually happen in periods of strong volatility, or when there is a lack of an available price on the international banking terminal.

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S24 Trading Limited accepts transactions only from customers whose credit cards were issued in countries where the services provided by it are lawful, and it does not accept transactions from countries as may be decided by the acquirer.

As an international service provider, S24 Trading Limited follows strictly the AML and due diligence procedures in each of the targeted countries and confirms that no transactions will be accepted from countries outside the above-mentioned list. Customer Identification Procedure (CIP) is carried out on the following stages:

  • While establishing the relationship
  • While carrying out a financial transaction
  • When the branch/office has a doubt about the authenticity/veracity or the adequacy of the previously obtained customer identification data

Customer identification means identifying the customer and verifying his/her identity by using reliable, independent source documents, data or information. S24 Trading Limited obtains sufficient information including, but not limited to, ID, valid utility bill, transaction verification proofs etc. necessary to establish, to their satisfaction, the identity of each new customer, whether regular or occasional, and the purpose of the intended nature of banking relationship. Being satisfied means that S24 Trading Limited must be able to satisfy the competent authorities that due diligence was observed based on the risk profile of the customer in compliance with the extant guidelines in place in accordance with the relevant jurisdiction/s where such requirements may apply