24XPLOITTRADE claims to be a strictly regulated broker and regulated by multiple authorities, including:

1) The UK Financial Conduct Authority (FCA);

2) The Cyprus Securities and Exchange Commission (CySEC);

3) The Financial Services Conduct Authority (FSCA).

4) The Mauritius Financial Services Commission (FSC).

However, searching in the above watchdogs' registry, we did not find any match results to 24XPLOITTRADE. Apparently, the regulation info this broker claims is a false statement for unsuspecting traders. 24XPLOITTRADE is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

The website 24xploittrade.co.uk cannot be reached currently, suggesting that 24XPLOITTRADE may have ceased operations under this domain name. However, there is a possibility that it reemerged under another brand or domain name to continue its fraudulent activities. Investors should exercise utmost caution.