WikiFX Reviews DBG Markets

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DBG Markets official website is https://dbgmfx.com/.

Based on our WikiFX database, it is stated that DBG Markets has a high WikiScore of 8.13, which means that it is a low-risk and relatively reliable broker.

DBG Group encompasses multiple business sections, including DBG capital, DBG securities, and DBG FX, serving as the operational brand name for DBG Group's international organizations. Within DBG Markets, the trading name, several members contribute their expertise: DBG Markets (UK) LLP, DBG Markets (Australia) Pty Ltd, DBG Markets ZA (Pty) Ltd, DBG Markets (SVG) LLC, and DBG Markets (V) Ltd.

Upon examining the licenses DBG Markets possess, WikiFX found that out of 4 licenses DBG Markets used to have (or claimed to have), two turned invalid.

Meanwhile, WikiFX also sent our global field survey team to verify the business premise of DBG Markets in the United Kingdom, where they confirmed the presence of the dealer's logo prominently displayed at the address. The investigators were granted access to the company premises, revealing a sophisticated office space bustling with employees. These findings confirm the legitimacy of the address for DBG Market.

Market instruments:

DBG Markets provides its clients access to five asset classes: currency pairs, precious metals, shares, global indices and commodities.

Trading platforms:

DBG Markets offers traders access to leading platforms such as MetaTrader 4, MetaTrader 5, webTrader, and cTrader.

In addition, DBG Markets also offer copy trading services via PAMM and MAMM dedicated portals for admins, money managers, signal providers and investors with advanced features for efficient multi-account management, allowing for customization.

Account types:

DBG Markets offers three different account types, each offering a maximum leverage level of 500 times.

Deposit and Withdrawal:

DBG Markets provides many deposit and withdrawal methods, including Visa, bank transfer, UnionPay, Webmoney, Skrill, and cryptocurrency (USDT). Please refer to the images attached below for more information:

In conclusion, despite losing two licenses, DBG Markets remain a trustworthy broker that is well-established, recognized and regulated by Australia's ASIC. This broker has also withstood the test of time since its establishment in 2007. However, for British traders, it is essential to be aware that DBG Markets does not fall under the regulation of the Financial Conduct Authority (FCA) in the United Kingdom. While this lack of regulation may be a determining factor for some traders, it is crucial to recognize that numerous other reputable brokers are FCA-regulated, providing the same level of security and assurance. It is advisable to explore such regulated options to ensure a sense of confidence and peace of mind in your trading activities.