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DBG Review Forex Broker & Trading Markets, Legit or a Scam

DBG Markets
Score

3.1/5

Min Deposit

$0

Min Spread

0.0 pips

Regulation

ASIC, FSCA

Max Leverage

1:500

Positive Ratings
70%
Neutral Ratings
20%
Negative Ratings
10%

Company Summary

Aspect Information
Registered Country/Area United Kingdom
Founded Year 2007
Company Name DBG
Regulation ASIC, FSCA
Minimum Deposit $0
Maximum Leverage 1:500
Spreads Starting from 0.0 pips
Trading Platforms MetaTrader 4, MetaTrader 5 and WebTrader
Demo Account Yes
Contact Email, Call, Live Chat, and Contact Form.
Payment Methods Cards, Wire transfers, E-wallets, and Bank Transfers.

Introduction

DBG is a regulated and established trading platform. It offers traders multiple trading opportunities in the global market. The platform is designed with a user-friendly approach for a seamless trading experience.

This DBG review will conclude the key features of the platform along with its tools and techniques. It will delve into the account types, transactions, customer support, and platform security. Lastly, it will help you determine the legitimacy of the platform.

DBG Overview

DBG Overview

DBG has been a well-known trading platform for over 15 years. The platform provides a safe trading environment for traders. It offers multiple trading products and a well-regulated platform. This makes it easier for traders with different goals to invest in a trade in the international market.

Apart from these, DBG provides multiple platforms for trade. These include MT4, MT5, and web trader. It also offers extensive educational resources that make it easier for beginners to learn and trade together.

Trading Instruments of DBG Markets

At DBG, you can access multiple trading products. These assets allow you to invest in international markets and build a diverse portfolio. Some top assets are:

Forex

DBG offers 24/5 access to the forex markets. The platform provides minor, major, and exotic forex currency pairs with tight spreads from 0.0 pips.

Commodities

The platform provides traders with top commodities like oil, gas, and metals from across the globe.  It provides highly volatile products.

Indices

DBG allows trades to invest in long or short stock indices from a global market. Traders can supervise the market changes.

Cryptocurrencies

The platform offers traders top digital currencies. The platform provides CFD trading in global cryptocurrencies.

Trading Instruments of DBG Markets

Account Types by DBG Markets

DBG provides traders with multiple account types. These accounts cater to traders with different trading goals and needs. These accounts are:

Standard Accounts

These accounts are created for traders starting their journey. The platform offers commission-free trading with tight spreads starting from 1.6 pip. The account also provides an unlimited number of pending orders.

ECN Account

These accounts are created for more experienced traders. The account incurs a commission of 6 dollars during trading. This commission makes it difficult for low-budget traders but the platform offers 24/7 love support for your better decisions.

VIP Account

These accounts are created for traders with the most experience and high budgets. Traders get access to personalized services and advanced tools making it easier for traders.

Apart from all these, the platform also offers Demo accounts. These demo accounts are specially created for traders with basic trading knowledge and low budgets. Traders can invest using virtual funds that reduce the risk of losing real money. These accounts help practice trading skills and strategies in a real-time market without risk.

Account Types by DBG Markets

Deposits and Withdrawals

With DBG, traders can complete transactions using multiple payment options. These include bank transfers, cards, e-wallets, and wire transfers. The various methods make it easy for traders from different regions to invest without hindrance.

Apart from this, the platform has no minimum deposits or withdrawal amount. This provides cost-effectiveness to the traders.

Also, the platform offers constant execution and withdrawal. This makes it easier for them to get their funds and deposit them without delays.

Deposits and Withdrawal options of DBG

Security and Regulations

DBG is a well-secured trading platform. It is also well-regulated and registered under top financial bodies. These authorities are ASIC and FSCA. The regulations ensure that the platform adheres to the industry standard of security.

The broker has separate accounts for clients’ funds. This eliminates any risks of fund misconduct. Also, the platform offers 2FA, which creates an additional security layer for your account.

Overall, the platform provides a strong security system that ensures the safety of client funds and data.

Fees and Commission

DBG trading platform provides commission-free trading for standard and VIP accounts. This makes it easier for beginners to trade without worries. The platform offers minimum commission on ECN accounts.

The zero minimum deposit makes it perfect for traders with low budgets.

However, the platform does not offer more information regarding fees and commissions. This eliminates the chance of cost management for the traders.

Customer Support

DGB provides 24/5 dedicated and multiregional customer support. Traders can connect through live chats, Email (support@dbgmfx.com), and calls (+27 0861888221).

Apart from this, traders also get access to FAQs and educational resources. FAQs help them with the general concerns that people face during trading. The educational resources help trades learn new skills and strategies. This makes it easier for them to understand using webinars, video tutorials, and economic calendars.

Is DBG a Scam?

DBG has been a well-reputed trading platform due to its advanced tools and features. The platform is regulated by top-tier financial authorities to provide a secure trading environment.

The platform has grown as a secure trading broker. The platform also provides a transparent and reliable functioning that makes it easier to trade and invest without any risks. Overall, we can say that DBG is a legitimate trading platform.

Conclusion

DBG Forex Broker offers a solid platform for traders with various trading instruments, including forex, commodities, indices, and cryptocurrencies. The availability of different account types, competitive fees, and responsive customer support make it an attractive option for traders at various skill levels.

Also, the platform is regulated by top-tier authorities making it trustworthy. Overall, DBG seems to be a legitimate broker, that offers a secure trading environment for all.

  • Well Regulated Trading Platform
  • Advanced Trading Tools
  • Limited Information about Fees
FAQs

FAQs

What instruments can I trade with DBG?

The platform offers trading instruments like forex, commodities, indices, and cryptocurrencies.

What account types are available at DBG?

DBG provides multiple account types for traders. These include Standard, ECN, VIP, and Demo accounts.

Is DBG regulated?

DBG is well-regulated by major financial authorities and operates under them to offer secure trading.

What deposit options are available at DBG?

The platform provides multiple payment options. It is done via bank transfers, credit cards, e-wallets, and cryptocurrencies.

Are there commissions on trades?

Commissions are charged on ECN accounts, but not Standard and VIP accounts.

How fast are withdrawals processed?

The platform offers instant execution, however, the withdrawal can take up to 24 to 48 hours.

Can I trade cryptocurrencies on DBG?

Yes, the platform provides traders access to top digital currencies around the market.

Does DBG offer a demo account?

Yes, DBG offers a demo account with virtual funds. This helps traders to practice trading without losing real funds.

What are the spreads at DBG?

The platform provides variable spreads starting from 0.0 pips. These changes depend on the market and assets.

Is DBG suitable for beginners?

Yes, with a low minimum deposit, commission-free trading, and a user-friendly platform, DBG is accessible to beginners.

Trusted Score

4.1/5

Trusted Score

4.2/5

Trusted Score

4.5/5

Trusted Score

4.8/5