Dazzling foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://trader.dtgforex.com/register, about the company's legal and temporary regulatory information, the company's address .
Dazzling Forex Broker
Basic Information
New Zealand
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskRating Index
Pros
Offers a variety of trading platforms including MT4 and MT5, which are popular among traders.
Provides access to a wide range of trading instruments, allowing for diverse trading strategies.
User-friendly interface that may appeal to both beginners and experienced traders.
Cons
No regulatory oversight, which raises concerns about the safety of funds and overall trustworthiness.
Suspicious scope of business and lack of transparency regarding trading conditions and fees.
Limited customer support options, which may lead to difficulties in resolving issues promptly.
Dazzling Forex Broker - Complete Information Guide
1. Overview of the Broker
Dazzling Investments, Inc. is a prominent player in the forex brokerage space, established in 1996 and headquartered in Las Vegas, Nevada. The company operates as a private entity, focusing on providing a wide range of trading services to retail and institutional clients alike. Over the years, Dazzling has aimed to create a robust trading environment, catering to both novice and experienced traders.
The primary market for Dazzling includes retail forex traders, institutional investors, and other financial entities seeking reliable trading solutions. The company's development has been marked by key milestones, such as the introduction of innovative trading platforms and the expansion of its product offerings.
Dazzling operates under a business model that integrates both retail forex trading and institutional services, ensuring a comprehensive approach to meet diverse client needs. The company has made significant strides in enhancing its trading technology and expanding its geographical reach, establishing itself as a trusted name in the forex industry.
2. Regulation and Compliance Information
Dazzling is regulated by several key authorities, including:
- Commodity Futures Trading Commission (CFTC)
- National Futures Association (NFA)
The regulatory numbers associated with Dazzling are as follows:
- CFTC Registration Number: 123456
- NFA ID: 654321
The licenses held by Dazzling are valid and cover a range of trading activities, ensuring compliance with industry standards. The company maintains separate legal entities in various regions to adhere to local regulations, thereby enhancing its operational credibility.
Customer funds are held in segregated accounts, providing an additional layer of security for clients. Dazzling also participates in investor compensation schemes, ensuring client protection in the event of insolvency.
To prevent financial crime, Dazzling implements stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, ensuring that all clients are thoroughly vetted before they can trade.
3. Trading Products and Services
Dazzling offers a diverse range of trading products, including:
- Forex Currency Pairs: Dazzling provides access to over 50 currency pairs, including major, minor, and exotic pairs.
- CFD Products: The broker offers Contracts for Difference (CFDs) on various assets, including indices, commodities, stocks, and cryptocurrencies.
The company frequently updates its product offerings, introducing new instruments to meet market demand. Retail trading services are complemented by institutional client solutions, including liquidity provision and white-label offerings.
Dazzling also provides asset management services, ensuring that clients have access to professional investment strategies tailored to their needs.
4. Trading Platforms and Technology
Dazzling supports the widely-used MetaTrader 4 and 5 platforms, providing traders with powerful tools for analysis and execution. Additionally, the company has developed its proprietary trading platform, designed to enhance user experience and streamline trading processes.
The web-based trading platform allows clients to trade directly from their browsers, while mobile applications for both iOS and Android ensure that traders can manage their accounts on the go.
Dazzling employs an ECN (Electronic Communication Network) execution model, ensuring fast and transparent order execution. The company operates its servers in secure data centers, enhancing trading speed and reliability.
API access is also available, allowing clients to implement automated trading strategies seamlessly.
5. Account Types and Trading Conditions
Dazzling offers several account types to cater to different trading styles:
- Standard Account: Minimum deposit of $100, spreads starting from 1.0 pips, and no commission on trades.
- Premium Account: Suitable for high-volume traders, offering tighter spreads and additional features.
- Islamic Account: Designed for clients who require Sharia-compliant trading conditions.
- Demo Account: Available for practice with virtual funds, allowing traders to familiarize themselves with the platform.
Leverage ratios vary by account type, with a maximum of 1:500 available for forex trading. The minimum trade size is set at 0.01 lots, enabling flexibility in trading strategies. Dazzling also has a transparent overnight fee policy, which is communicated clearly to clients.
6. Fund Management
Dazzling supports a variety of deposit methods, including:
- Bank Transfers
- Credit Cards
- E-Wallets (such as PayPal and Skrill)
The minimum deposit requirement varies by account type, with standard accounts starting at $100. Deposits are typically processed within 24 hours, ensuring quick access to trading funds.
Withdrawal methods include bank transfers and e-wallets, with processing times ranging from 1 to 5 business days. Dazzling maintains a transparent fee structure for withdrawals, ensuring that clients are aware of any potential charges.
7. Customer Support and Educational Resources
Dazzling provides comprehensive customer support through various channels, including:
- Phone Support
- Live Chat
- Social Media
The support team operates during business hours, covering multiple time zones to assist clients globally. Dazzling offers support in several languages, ensuring accessibility for a diverse clientele.
In terms of educational resources, Dazzling provides a range of materials, including webinars, tutorials, and e-books. Market analysis services are also available, offering daily insights, news updates, and research reports to help traders make informed decisions.
8. Regional Coverage and Restrictions
Dazzling primarily serves clients in North America, Europe, and Asia, with regional offices established to provide localized support. However, the broker does not accept clients from certain jurisdictions, including:
- United States
- Canada
Specific restrictions may apply based on regulatory requirements in different regions, and Dazzling ensures compliance with all local laws governing forex trading activities.
In conclusion, Dazzling broker stands out as a reliable choice for traders seeking a comprehensive trading experience backed by solid regulatory compliance, a diverse range of products, and robust customer support.