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http://www.dxb-markets.com/
Website
MT4/5 Identification
White Label
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
More
DXB Market Limited
DXB Market
United Kingdom
Pyramid scheme complaint
Expose
General Information & Regulation
DXB Market is an online broker offering various financial products through the MT4 trading platform. DXB Market is registered in UK, and it does not fall under any regulatory agency.
Market Instruments
Tradable financial instruments available on the DXB Market platform include currency pairs, indices, equity CFDs, commodities and crypto currencies.
Minimum Deposit
DXB Market doesnt have a minimum deposit requirement. This is really surprising. Although this is a good news, given the fact that DXB Market is an unregulated broker, traders are not advised to register real trading accounts here.
Leverage
The maximum leverage you can get with DXB Market is 1:400, which is too high. Such a high leverage ratio can wipe out all of your earnings and even put you in debt quickly.
High leverage is usually a sign of a scam. This is why financial regulators restrict their brokers on how much leverage they can offer to their clients. For example, the UK-based regulator FCA doesnt allow its brokers to offer a leverage ratio higher than 1:30.
Spreads & Commissions
In terms of spreads and commissions, DXB Market does not make this part clear. Unregulated brokers are always trying to hide their real trading fees to scam traders.
Trading Platform Available
DXB Market offers its traders the white lable MetaTrader 4. Some of the highlights of MT4 are the option to use automated bots, code base with custom scripts, and numerous trading signals. However, many shady brokers try to use the pristine reputation of MetaTrader platforms to appear reliable. It seems to me that DXB Market is using the same tactic here.
Deposit & Withdrawal
When it comes to deposit & withdrawal payment methods, DXB Market does not make this part clear. In most cases, most brokers support Credit/Debit card (VISA, MasterCard, Maestro), Wire transfer, Skrill and Neteller for traders to fund their accounts.
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