DBFX Forex Broker

General Information & Regulation DBFX is a Vanuatu registered online forex and CFD broker, established in 2011, currently holds a retail forex license from the Vanuatu VFSC, regulatory number: 40133, while the CySEC license it holds in Cyprus is suspected to be fraudulent. Generally speaking, offshore regulators are not stringent about forex brokers, as investors should still take care to use the platform with caution. DBFX Market Instruments Tradable financial instruments aviailable on the DBFX platform include Forex currency pairs, commodities, indices, stocks, and CFDs. Some traders may hold that popular crypto currencies trading is not available. DBFX Minimum Deposit DBFX offers seven types of trading accounts: Basic ($200 - $1,999 deposit), Discovery ($2,000 - $4,999), Silver ($5,000 - $9,999), Gold ($10,000 - 14,999), Premium account ($15,000 - $29,999), VIP account ($30,000 - $49,999) and VIP+ account ($50,000+). Objectively speaking, the amount required to open each account set by DBFX is slightly higher and investors should be aware of the risks involved. DBFX Leverage DBFX offers different trading leverage for beginners and professional traders. The maximum trading leverage for beginners is up to 1:100,while for the professional traders, they can apply for the higher leverage level of up to 1:200. See the table below for details of their default leverage and the leverage available to novice and professional traders: Products Default Beginner Professional Forex 1:50 1:100 1:200 Commodities 4% 2% 1% Index 4% 2% 1% Stocks 10% 5% 2.5% Cryptocurrency 100% 50% 20% DBFX Spreads The DBFX website displays real-time price information on currency pair spreads and also provides SWAP rates, 0.015% of overnight exposure for FX, commodities, indices, stocks, and ETFs, and 0.05% of overnight exposure for cryptocurrencies. DBFX Trading Platforms DBFX says it offers investors a choice of four trading platforms: online, social, mobile, and MT4. DBFX Trading Tools Apart from MT4 trading platform, DBFX also provides some useful trading tools for traders to adapt to their trading environment, including forex trading singnals, US stock Analysis, and more. DBFX Deposit & Withdrawal DBFX supports traders to deposit and withdraw funds to and from their investment accounts via VISA, MasterCard, Maestro, America Express, Paypal, SOFORT, Paysafecard, Neteller, Skrill, and so on. DBFX Customer Support DBFX provides traders with some contact methods, including email, telephone, as well as some social media platforms, like Facebook, Linkedin, Twitter, Instagram, Printerest, and more.