Score
DBFX
Vanuatu|2-5 years| https://www.dbfx.trade/
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Licenses
Single Core
1G
40G
Contact number
+44 1619610007
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Broker Information
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DBFX LIMITED.
DBFX
Vanuatu
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- VanuatuVFSC (license number: 40133) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
- The CyprusCYSEC regulation (license number: 364/18) claimed by this broker is suspected to be clone. Please be aware of the risk!
- The Vanuatu VFSC regulation with license number: 40133 is an offshore regulation. Please be aware of the risk!
WikiFX Verification
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| Minimum Deposit | $50,000 & more |
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| Minimum Deposit | $30,000 – $49,999 |
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| Minimum Deposit | $15,000 – $29,999 |
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| Minimum Deposit | $10,000 – $14,999 |
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| Minimum Deposit | $5,000 – $9,999 |
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| Maximum Leverage | -- |
| Minimum Deposit | $2,000 – $4,999 |
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| Maximum Leverage | -- |
| Minimum Deposit | $200 – $1,999 |
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- Fundamental Item(A)
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- Non-Fixed Capital(A)+(B)-(C)=(D)
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- Underlying Risk
Capital
$(USD)
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DBFX · Company Summary
General Information & Regulation
DBFX is a Vanuatu registered online forex and CFD broker, established in 2011, currently holds a retail forex license from the Vanuatu VFSC, regulatory number: 40133, while the CySEC license it holds in Cyprus is suspected to be fraudulent. Generally speaking, offshore regulators are not stringent about forex brokers, as investors should still take care to use the platform with caution.
DBFX Market Instruments
Tradable financial instruments aviailable on the DBFX platform include Forex currency pairs, commodities, indices, stocks, and CFDs. Some traders may hold that popular crypto currencies trading is not available.
DBFX Minimum Deposit
DBFX offers seven types of trading accounts: Basic ($200 - $1,999 deposit), Discovery ($2,000 - $4,999), Silver ($5,000 - $9,999), Gold ($10,000 - 14,999), Premium account ($15,000 - $29,999), VIP account ($30,000 - $49,999) and VIP+ account ($50,000+). Objectively speaking, the amount required to open each account set by DBFX is slightly higher and investors should be aware of the risks involved.
DBFX Leverage
DBFX offers different trading leverage for beginners and professional traders. The maximum trading leverage for beginners is up to 1:100,while for the professional traders, they can apply for the higher leverage level of up to 1:200. See the table below for details of their default leverage and the leverage available to novice and professional traders:
| Products | Default | Beginner | Professional |
| Forex | 1:50 | 1:100 | 1:200 |
| Commodities | 4% | 2% | 1% |
| Index | 4% | 2% | 1% |
| Stocks | 10% | 5% | 2.5% |
| Cryptocurrency | 100% | 50% | 20% |
DBFX Spreads
The DBFX website displays real-time price information on currency pair spreads and also provides SWAP rates, 0.015% of overnight exposure for FX, commodities, indices, stocks, and ETFs, and 0.05% of overnight exposure for cryptocurrencies.
DBFX Trading Platforms
DBFX says it offers investors a choice of four trading platforms: online, social, mobile, and MT4.
DBFX Trading Tools
Apart from MT4 trading platform, DBFX also provides some useful trading tools for traders to adapt to their trading environment, including forex trading singnals, US stock Analysis, and more.
DBFX Deposit & Withdrawal
DBFX supports traders to deposit and withdraw funds to and from their investment accounts via VISA, MasterCard, Maestro, America Express, Paypal, SOFORT, Paysafecard, Neteller, Skrill, and so on.
DBFX Customer Support
DBFX provides traders with some contact methods, including email, telephone, as well as some social media platforms, like Facebook, Linkedin, Twitter, Instagram, Printerest, and more.
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