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R24 Capital Group Review 2025

Oleg Tkachenko
Written by: Oleg Tkachenko Oleg T.
Contributor
Mirjan Hipolito
Fact-checked by: Mirjan Hipolito Mirjan H.
Cryptocurrency and stock expert
Updated:
Table of Contents

Brief Look at R24 Capital Group

R24 Capital Group, a brokerage firm, ceased operations, leaving clients without access to their funds and trading platforms. The company’s offering of a wide range of instruments and promises of high returns initially raised suspicions. Operating without a license or regulation, its activities were flagged by the Central Bank of the Russian Federation (CBR) as potentially illegal, exhibiting signs of an unauthorized securities market participant.
Hundreds of users reported difficulties with fund withdrawals and complete communication breakdowns with support. It was later revealed that R24 Capital Group was a Ponzi scheme, a classic pyramid. Investors were promised exorbitant profits, but in actuality, new depositors’ funds were used to pay ‘returns’ to earlier participants. When the flow of new funds stopped, the scheme collapsed, leaving victims without their investments.

User Satisfaction i

Score:
2.5/10

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ZALMAN
1 year ago

I strongly recommend avoiding any collaboration with R24 Capital Group. They are real scammers! They stole my money. Although they claim that it's my fault and unclear where I sent my bank transfer. But I sent the money using the details provided in my personal account. And my bank confirmed that the money was sent. So, I blame R24 Capital Group specifically for the fact that my money has been missing from the account for two weeks now. If possible, I will initiate a refund through the chargeback procedure.

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Omega
1 year ago

I spoke with the support team of R24 Capital Group and decided not to open an account here. They couldn't provide evidence that the company has licenses from U.S. and Canadian regulators. They sent me some strange certificates that, I believe, are simply created in a program. In addition, the support team at R24 Capital Group told me that they received permission to offer a leverage of 1:400 to all traders. After that, I stopped communicating with them. These are most likely scammers!

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tiberiu18
1 year ago

I don’t recommend R24 to anyone! You deposit money and lose it. I’t’s a complete scam, you shouldn’t trade with them at all, unless of course you have extra money)

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LiliaCallahan
1 year ago

R24 Capital Group always withdraws money for a long time. Not according to the regulations. Usually, it took 2 weeks, but now they are still delaying it, so I will change the company.

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Team that worked on the article

Oleg Tkachenko
Oleg Tkachenko Author and expert at Traders Union
  • Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Learn about our editorial policies.

Dr. BJ Johnson
Dr. BJ Johnson Developmental English Editor
  • Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito
Mirjan Hipolito Cryptocurrency and stock expert
  • Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).