The brokerage platform is operated by a company that is supposedly based in England, has been operating since 2020, and calls itself “a leader in automated trading strategies”. Besides, the intermediary is ready to “automatically manage cryptocurrency investments” of clients, guaranteeing to charge huge interest for keeping a deposit. However, the company’s registration documents and a copy of the license are not available on the official website of this project.

Should you believe the promises of the intermediary in receiving significant profits? You will find out from our White Rock 24 review, where we will reveal the true nature of this platform.

How to Trade

The organization provides clients with thousands of markets for online trading. The intermediary offers the opportunity to trade and invest capital under the following terms and conditions:

  • Minimum deposit from $250.
  • Spreads from 0.08 pips.
  • No commissions.
  • Asset classes – indices, stocks, Forex, and commodities.
  • Cashback 10% on BTC account.
  • More than 150 cryptocurrencies for investment.
  • Income 15% on cryptocurrencies and 40% on stablecoins.

White Rock 24 promises leverage up to 1:400 on the homepage, but elsewhere lists up to 1:100 and up to 1:500. Perhaps the intermediary has not yet decided on this parameter.

The company does not disclose the period for which interest is accrued on cryptocurrency deposits.

The project provides educational resources for traders. Tech support is available through the feedback form.

White Rock 24 Vital Info

The owners of the brokerage platform hide their names, as well as the members of their team and the level of competence of their experts. According to the site’s information, this project was launched in 2020. Surprisingly, the domain was created only a couple of months ago – in October 2024. This raises suspicions that this resource is only masquerading as a legitimate firm engaged in investment activities. Does this intermediary have anything to do with the financial industry?

White Rock 24 claims to be registered in England at 80 Cannon St London EC4R OAN. However, according to the UK registry, such a brand is not registered in the country. That is, the official UK authority indicates that there is no license, which calls into question the legality of the company’s financial activities in this jurisdiction.

FAQ

What are the key facts about White Rock 24?

The company claims to be operating in London since 2020, attracting 12 thousand users and more than 112 million USD in investments. However, the owners of the platform do not display a certificate of incorporation of a legal entity on their official website. Meanwhile, a fresh domain and the absence of the firm in the British register of companies belie its many years of honest activity. Most likely, this project operates illegally and provides investors with unreliable information.

What's the risk to my wallet when working with this project?

It is very dangerous to cooperate with a firm that has all the possible features of a Ponzi scheme. Please note that trading on cryptocurrency markets using algorithms is a fairly popular legend of a pyramid scheme. Also, you won't be able to recover your investment through a chargeback if you use cryptocurrency transactions.

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