Overview of DFS
Established in 2016 and headquartered in Argentina, Deal Financial Services (DFS) operates in the financial market without formal regulatory oversight. DFS offers an array of financial instruments, including sureties, deferred payment checks, bills, bonds, shares, CEDEARS, mutual funds, and promissory notes. Despite its wide range of services, DFS is characterized by a notable lack of transparency regarding account types, trading platforms, and leverage details, which may present a hurdle for prospective clients in need of comprehensive information.
Pros and Cons
Deal Financial Services distinguishes itself by offering a range of traditional and innovative market instruments, giving traders various avenues for investment and financing, such as direct investment in international markets through CEDEARs and various debt instruments. This opens up possibilities for portfolio diversification and unique trading strategies.
However, DFS's lack of regulation is a significant drawback, as it may suggest a lack of investor protection measures that are standard in regulated environments. The opacity regarding account types, and the absence of clear information on spreads, leverage, and the specifics of the trading platform can be concerning for traders seeking transparency and detailed understanding of their trading environment. Moreover, the unavailability of educational resources implies that traders, especially novices, cannot rely on DFS for learning and improving their trading skills.
Is DFS legit or a scam？
DFS presents itself as a broker in the capital market without any regulatory oversight. The absence of regulation may indicate questions about the legitimacy and safety of their investments.
Services
Personalized advice: DFS offers a transparent and solid advisory service that is closely aligned with its clients' unique financial circumstances and aspirations.
Asset management: DFS offers a comprehensive asset and portfolio management service aimed at a diverse clientele, including corporate entities, institutional investors, and high-net-worth individuals. Their offerings range from cash and asset & liability management to investment advice and specialized portfolio management. DealFs also provides a variety of investment funds, such as liquidity, fixed income, and equity funds, each designed to meet specific investment goals and risk tolerances, ensuring tailored financial strategies for achieving expected returns.
Sales & trading: DFS offers a broad spectrum of brokerage services, catering to various financial needs with offerings that encompass local and USD placements, trading in a wide range of securities including government and corporate bonds, stocks, financial derivatives, and international shares.
financing for companies: DFS offers a targeted financing service for companies, specializing in the creation, issue, and distribution of negotiable promissory notes and loans, both secured and unsecured. This includes primary issuance and trading of Deferred Payment Checks and financing options for SMEs through Mutual Guarantee Societies.
Reports:
Global and Local Strategy Reports: Essential for investors aiming to navigate the intricacies of both global and local markets, these reports provide portfolio recommendations based on thorough market analysis.
CEDEARs Monitor: This specialized report, focusing on Certificates of Deposit for Argentine Shares (CEDEARs), delivers portfolio recommendations for those interested in the Argentine market.
Quarterly Company Results Reports: Targeting company performance analysis, these reports dissect companies' quarterly results to offer recommendations.
Weekly Investment Fund Ranking: By providing a weekly analysis and ranking of investment funds, this tool is pivotal for investors comparing and choosing among funds based on performance, strategic approach, and risk assessment, leading to better-informed investment decisions.
Monthly Fund Strategy Report: This report delivers a monthly insight into fund strategy, guiding investors through the complexities of fund management and strategic investment approaches.
Products
DFS offers a distinctive selection of market instruments, setting it apart from traditional brokers. Its portfolio includes:
Sureties: These are very short-term loans, ranging from 1 to 120 days, functioning as either a financing option or an investment similar to a fixed term, with securities as collateral for the borrower.
Deferred Payment Checks: Serving as future-dated payment orders, usually not exceeding one year, these can be discounted in the capital market for immediate cash, facilitating direct financing without intermediaries.
Bills: Short-term debt instruments, often issued as zero coupons, and pay both principal and interest at maturity, usually under a year.
Bonds: Debt securities issued by both public and private entities to finance their operations, with fixed repayment and interest terms.
Shares: Equity instruments representing ownership in a company, with potential profit distribution through dividends.
Cedears: Argentine Certificates of Deposit representing shares in foreign markets, allowing investment in international companies like Google or Amazon.
Mutual Funds: Pooled investments managed by professional firms, offering diversification across various assets.
Promissory Note: Short-term debt instruments that can be traded in the capital market, with terms ranging from 31 days to 3 years.
How to Open an Account with DFS
To open an account with Deal Financial Services, begin by navigating to their official website and selecting the option to create an account. You will be prompted to enter your email address, which starts the account setup process. Ensure you check your email, including the spam folder, for a confirmation from Deal Financial Services containing further instructions. Follow these instructions, which involve filling out additional forms and verifying your identity. After submitting all required information, wait for approval from Deal Financial Services. Once approved, you'll receive guidance on funding your account and initiating your trading activities.
Fees & Commissions
Deal Financial Services (DFS) showcases a multifaceted fee structure appealinging to a wide array of financial transactions. The brokerage imposes fees up to 3% + IVA for trading public and private securities, with defined minimum charges. Fees for deferred payment checks and negotiable promissory notes can ascend to 10% annually + IVA, starting from $100 + IVA. Options, derivatives, and financial futures trading are subject to fees up to 5% + IVA. Conversion and securities lending tasks, including for collateral provision and acquisition, come with varied rates, peaking at 150% + IVA for conversion expenditures. The firm stipulates charges up to 500% for primary tender offers of securities, alongside specific minimum fees.
Charges for short selling and securities lending align with the transaction's duration, enforcing certain minimum fees. Furthermore, the brokerage enforces considerable charges for dividends, income amortizations, account maintenance, and mutual fund activities, with some transactions facing up to 200% + IVA. DFS reserves the right to adjust these fees and commissions as necessary, underlining a dynamic pricing strategy.
Customer Support
Address: Carlos Pellegrini 989, 10th floor. CABA 1009
Email: contacto@dealfs.com.ar, administracion@dealfs.com.ar
Phone: +54 11 5275 6390
Contact form: Trades are able to send consultation through contact form.
Conclusion
DFS, founded in 2016 and headquartered in Argentina, stands out for its assortment of both traditional and innovative financial instruments, yet operates without formal regulatory oversight. Positively, DFS offers opportunities for investments in international markets through CEDEARs and various debt instruments, facilitating portfolio diversification and innovative investment strategies.
Conversely, the absence of regulation poses significant risks, particularly concerning investor protection and the transparency of operations. The lack of detailed information regarding account types, spreads, leverage, and trading platforms introduces uncertainty about DFS's trading conditions. Additionally, the absence of educational resources limits opportunities for new traders to learn and grow, which, coupled with a complicated fee structure, could make DFS less attractive to those seeking a transparent, regulated, and supportive trading environment.
FAQs
Q: What is Deal Financial Services (DFS) and its location？
A: Deal Financial Services (DFS) is a finance firm founded in 2016 in Argentina, offering an array of financial instruments like sureties, deferred payment checks, and international market investments through CEDEARs.
Q: Is DFS regulated？
A: No, DFS operates without regulatory oversight, an important consideration for those concerned about investment protection.
Q: What financial instruments are available at DFS？
A: DFS offers a variety of market instruments, including opportunities for international investments and various debt instruments, supporting portfolio diversification and innovative strategies.
Q: Does DFS offer a practice account？
A: DFS does not provide a demo account, potentially limiting new traders from practicing without financial risk.
Q: What are the trading costs at DFS？
A: DFS has a detailed fee structure, with trading charges up to 3% + IVA for certain securities, among other fees for various financial transactions.
Q: How to contact DFS support？
A: DFS customer support can be contacted at their Buenos Aires office, through email at contacto@dealfs.com.ar, administracion@dealfs.com.ar,or by phone at +54 11 5275 6390.
Q: Are educational materials available at DFS？
A: No, DFS lacks educational resources.
Risk Warning
Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.
Additionally, the review's generation date is a critical consideration, as information may have evolved since then. Readers are strongly advised to verify updated details directly with the company before making any decisions, as the responsibility for utilizing the information herein rests solely with the reader.
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