WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

DMX Markets

Saint Vincent and the Grenadines|2-5 years|
High potential risk|

https://dmxmarkets.com/

Website

Rating Index

Contact

support@dmxmarkets.com
https://dmxmarkets.com/

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-10-07
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

DMX Markets · WikiFX Survey

Users who viewed DMX Markets also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

HFM

8.27
Score
10-15 yearsRegulated in CyprusMarket Making(MM)
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)
Official website

STARTRADER

8.63
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

DMX Markets · Company Summary

Aspect Information
Registered Country/Area Saint Vincent and the Grenadines
Founded year 2020
Company Name DMX Markets
Regulation Unregulated
Minimum Deposit €5000 (Green Account)
Maximum Leverage Up to 1:400
Spreads/Fees Unclear
Tradable Assets Indices, Forex, Commodities, Shares (Possibly Cryptocurrencies)
Account Types Green, Premium, Executive, Presidential
Customer Support Email support@dmxmarkets.com
Website Status Down (Suspicious)

Overview

DMX Markets, founded in 2020 and based in Saint Vincent and the Grenadines, operates as an unregulated broker. Offering a range of account types, from Green to Presidential, the platform allows for a minimum deposit of €5000 and offers leverage of up to 1:400. However, the website's suspicious status and unclear information regarding spreads and fees raise concerns. Traders can access a variety of tradable assets including indices, forex, commodities, and shares, although information about cryptocurrencies is not explicitly provided. Customer support is available via email at support@dmxmarkets.com.

Overview

Regulation

DMX Markets operates as an unregulated broker, meaning it doesn't fall under the oversight of financial regulatory bodies. Investors should exercise caution when dealing with unregulated brokers, as they may lack the safeguards and transparency provided by regulatory supervision, potentially exposing clients to higher risks of fraud or malpractice. Before engaging with DMX Markets or any unregulated broker, individuals should conduct thorough research and consider seeking advice from licensed financial professionals.

Regulation

Pros and Cons

Pros Cons
  • Diverse Range of Financial Instruments
  • Lack of Regulation Raises Concerns About Investor Protection
  • Multiple Account Types Catering to Different Traders
  • Unclear Spreads and Commissions for Different Account Types
  • High Leverage Offering Potential for Increased Returns
  • Suspicious Website Availability Raises Red Flags

In summary, DMX Markets offers a variety of financial instruments and account types to cater to traders' needs, along with high leverage for potential profit amplification. However, its lack of regulation, unclear fee structures, and suspicious website availability raise concerns about investor protection and transparency. Traders should carefully weigh these pros and cons before engaging with DMX Markets.

Market Instruments

Market Instruments

DMX Markets offers a diverse range of financial instruments for trading, catering to various preferences and risk appetites of investors. These instruments include:

  1. Indices: Traders can speculate on the performance of stock market indices from around the world, such as the S&P 500, NASDAQ, FTSE 100, and others.

  2. Forex (Foreign Exchange): The platform enables trading in major and minor currency pairs in the forex market, allowing investors to capitalize on fluctuations in exchange rates between different currencies.

  3. Commodities: DMX Markets facilitates trading in commodities like oil, gas, precious metals (such as gold and silver), agricultural products, and more. These commodities provide opportunities for investors to diversify their portfolios and hedge against inflation or geopolitical risks.

  4. Shares: Traders can invest in shares of top multinational companies listed on various stock exchanges worldwide. This includes shares of companies operating in diverse sectors, offering opportunities for capital appreciation and dividend income.

  5. Stocks Trading: The platform also provides access to trading stocks, allowing investors to participate in the equity markets and potentially benefit from the performance of individual companies.

  6. Cryptocurrencies (not explicitly mentioned, but may be offered): While not mentioned explicitly in the provided text, many trading platforms also offer cryptocurrencies as tradable assets. If DMX Markets offers such services, traders may have the opportunity to trade popular cryptocurrencies like Bitcoin, Ethereum, Ripple, and others.

Account Types

DMX Markets offers four distinct account types tailored to accommodate traders with different levels of experience and financial resources:

Green Account:

Benefits include access to daily market reviews and updates, leverage of 1:2 for UST pairs and 1:4 for others, zero spread, 25% company credit, ebooks, daily webinars, complete academy training, and a personal analyst.

    1. Requires a minimum deposit of €5000.

    2. Designed for novice traders or those with limited investment capital.

  1. Premium Account:

    1. Offers benefits such as loyalty points, access to trade experts, leverage of 1:2 for UST pairs and 1:4 for others, zero spread, and access to all features available for Green Account holders.

    2. Requires a minimum deposit of €50,000.

    3. Geared towards traders with considerable trading experience.

  2. Executive Account:

    1. Provides advanced tools and features, including hourly trade recommendations from market analysts and access to analysts on demand, in addition to all features available for Green and Premium Account holders.

    2. Requires a minimum deposit of €100,000.

    3. Aimed at seasoned traders with a high level of expertise.

  3. Presidential Account:

    1. Offers the highest level of benefits, including real-time trade recommendations, a customized loyalty point plan, tailored leverage options, and access to all features available for Green, Premium, and Executive Account holders.

    2. Requires a minimum deposit of €250,000.

    3. Designed for expert traders with extensive experience in the financial markets.

Each account type comes with its own set of privileges, benefits, and minimum deposit requirements, allowing traders to choose the account that best suits their trading goals, experience level, and financial capabilities.

Leverage

Leverage

DMX Markets offers a maximum trading leverage of up to 1:400, enabling traders to amplify their potential returns by controlling positions up to 400 times larger than their invested capital. However, it's essential for traders to recognize that while leverage can boost profits, it also heightens the risks of losses exceeding the initial investment. DMX Markets emphasizes the importance of understanding and managing these risks effectively, providing risk management measures such as a negative balance policy and a stop-loss feature to help mitigate potential losses.

Spreads and Commissions

DMX Markets offers varying spreads and commissions depending on the type of trading account chosen by the trader:

  1. Green Account:

    1. Other details about commissions are not explicitly provided for this account type.

    2. Benefit: Zero spread is mentioned, implying that traders operating this account type may enjoy trading without spreads.

  2. Premium, Executive, and Presidential Accounts:

    1. Traders may need to refer to the terms and conditions of each account type on the DMX Markets website or contact customer support for more information.

    2. Specific details about spreads and commissions for these account types are not explicitly mentioned in the provided text.

To make informed trading decisions, traders should carefully review the terms and conditions of each account type to understand the associated costs and benefits, including spreads and commissions.

Trading Platforms

Trading Platforms

DMX Markets offers a user-friendly trading platform designed to meet the needs of traders at all experience levels. While specific details about the platform are not mentioned, it likely includes essential tools for seamless trading, such as real-time market data and advanced charting features. Traders can access the platform from desktop computers, web browsers, and mobile devices for convenience. For more information, traders can visit the DMX Markets website or contact customer support.

Customer Support

DMX Markets provides customer support via email at support@dmxmarkets.com. While additional details about their customer support services, such as availability, response times, and support channels, are not explicitly mentioned, it can be assumed that traders can reach out to this email address for assistance with inquiries, account-related issues, and general support. For more comprehensive support options and details, traders may need to refer to the DMX Markets website or contact customer support directly.

Conclusion

In conclusion, DMX Markets offers a range of financial instruments and account types tailored to traders' diverse needs. However, operating as an unregulated broker raises concerns about transparency and investor protection. While the platform provides leverage for potential profit amplification, traders should approach with caution due to heightened risks. The lack of clarity regarding spreads and commissions, along with the website's unavailability, adds to the skepticism. As such, investors should conduct thorough research and consider consulting licensed financial professionals before engaging with DMX Markets or any unregulated broker.

FAQs

Q1: Is DMX Markets regulated?

A1: No, DMX Markets operates as an unregulated broker, meaning it lacks oversight from financial regulatory bodies.

Q2: What financial instruments can I trade with DMX Markets?

A2: DMX Markets offers trading opportunities in indices, forex, commodities, shares, and potentially cryptocurrencies.

Q3: What are the minimum deposit requirements for DMX Markets' account types?

A3: Minimum deposit requirements vary depending on the account type, ranging from €5000 for a Green Account to €250,000 for a Presidential Account.

Q4: What leverage does DMX Markets offer?

A4: DMX Markets provides a maximum trading leverage of up to 1:400, allowing traders to amplify their potential returns.

Q5: How can I contact DMX Markets' customer support?

A5: You can reach DMX Markets' customer support via email at support@dmxmarkets.com.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Broker Information

Company Name

DIGITAL C MEDIA.

Abbreviation

DMX Markets

Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@dmxmarkets.com

Company Summary

Review

0 Comments
Write a comment

No comment yet

Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com