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The WikiFX Score of this broker is reduced because of too many complaints!
DUMBLL
United Kingdom|2-5 years| Suspicious Regulatory License|MT5 Full License|Chinese market only|High potential risk|
https://www.dumbllmarket.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
1
Server Name
Dumbll-Server MT5
Server Location 
Hong Kong
Hong KongContact
infodumbll@gmail.com
https://www.dumbllmarket.com/
The WikiFX Score of this broker is reduced because of too many complaints!
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
Broker Information
More
Company Name
DUMBLL
Company Abbreviation
DUMBLL
Platform registered country and region
United Kingdom
Company website
Pyramid scheme complaint
Expose
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2024-04-20
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!
WikiFX Verification
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Exposure
5 pieces of exposure in total Pyramid scheme complaint
ExposeDUMBLL · Company Summary
General Information & Regulation
DUMBLL is an online forex and CFD broker registered in the United Kingdom, offering more than 60 currency pairs, with spreads as low as 0.0 pips. DUMBLL Ltd is authorized and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), with Regulatory License No. M21823009.
Market Instruments
DUMBLL offers its clients to a bulk of more than 850 trading instruments. Different classes of trading instruments including Forex exchange, commodities, Indices and Cryptocurrencies are all available on the brokerage platform.
Minimum Deposit
DUMBLL does not tell us its minimum initial deposit requirement. In most cases, most brokers require traders to fund at least $100 or the equivalent amount to start real trading.
Leverage
The maximum trading leverage is up to 1:500, which is a generous offering. this leverage is ideal for professional traders and scalpers, as it presents more overall trading flexibility, which directly impacts profitability.
Spreads & Commissions
DUMBLL offers a commission-free trading environment. The minimum spread offered by DUMBLL is as low as 0.0 pips, but we have no idea about the detailed spread condition on particular instruments.
Minimum Trade Size
The minimum trade size allowed by DUMBLL is 0.01 standard lot, which sounds quite friendly to beginners.
Trading Platform Available
DUMBLL provides traders with the industry-recognized MT5 trading platform, available on PC and Mobile devices, supporting EA (Expert Advisors) automated trading.
Deposit & Withdrawal
In terms of payment methods available, DUMBLL support traders to fund their accounts through Bank Transfer and Credit Card.
Customer Service
The DUMBLL customer support team can be reached through email: support@dumbll.com.
5
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