Dexly Forex Broker

Dexly Review SummaryFounded2019Registered Country/RegionSeychellesRegulationNo regulationMarket InstrumentsCryptos, stocks, forex, indices, commoditiesDemo Account✅($10,000 virtual money)Leverage/SpreadFrom 0.00001 pipsTrading PlatformDexly AppMinimum Deposit/Customer Support24/7 supportEmail: support@dexly.proAddress: House of Francis, Room 303, Ile Du Port, Mahe, SeychellesRegional RestrictionsUSA, Japan, Saint Vincent and The Grenadines, Canada, Cuba, Algeria, Ecuador, Iran, Syria, North Korea or Sudan, United States Minor Outlying Islands, American Samoa, Russian Federation, The Republic of Cyprus, The European Union, The Wider European Economic Area, UKDexly Information Dexly is an unregulated broker, which founded in Seychelles, 2019, offering trading on cryptos, stocks, forex, indices and commodities with spread from 0.00001 pips on Dexly App trading platform.Pros and ConsPros Cons Various trading productsLack of regulationDemo accountsRegional restrictionsTight spreadsInactivity fees chargedClear fee structureWithdrawal fees chargedNo deposit feesNo MT4/MT5 platform24/7 supportNo direct contact channelIs Dexly Legit? No. Dexly currently has no valid regulations. Please be aware of the risk! Besides, its domain status shows that client transferring is prohibited.What Can I Trade on Dexly? Dexly provides a wide range of trading products such as cryptos, stocks, forex, indices and commodities.Tradable Instruments Supported Cryptos✔Stocks✔Forex✔Indices ✔Commodities✔Bonds❌Options❌ETFs❌Dexly Fees Dexly offers flexible commission options, varying by trading instruments type. More details can be found via https://dexly.pro/spread-swap-and-commissions/Fee TypeTrading ProductFee AmountAdditional ConditionsCommission (Per Lot)Forex Majors$3.5 per side (buy/sell)-Forex Minors$4.5 per side-Metals (Gold, Silver)$5 per side-Indices$6 per side-Cryptocurrencies0.075% of trade value-Swap Fees (Overnight)Forex Majors (Long)-5 pips dailyTriple on WednesdaysForex Majors (Short)+2 pips dailyGold (Long)-8 pips daily-Inactivity FeeAll Accounts$15/month after 3 months of inactivityWaived for VIP clientsWithdrawal FeeBank Transfer$25 per transactionFree for withdrawals >$1,000CryptocurrencyNetwork fee appliesVaries by blockchainAccount FeesPremium Account Upgrade$99 one-timeIncludes lower spreads The spread is from 0.00001 pips. More detailed spread info can be found in the screenshot below:Trading Platform Dexly uses its own trading platforms which are available in web, PC, and mobile devices, and it does not support commonly used MT4 or MT5.Trading PlatformSupported Available Devices Suitable for Dexly App✔PC, mobile, web/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal Dexly accepts payments via Bitcoin, Ethereum, Litecoin, and USDT TRC20. Deposit OptionsDeposit Options Deposit FeesDeposit TimeBitcoin010 - 60 minutesEthereumLitecoinUSDT TRC20 Withdrawal OptionsWithdrawal Options Maximum Withdrawal Withdrawal FeesWithdrawal TimeBitcoin2 BTC0Up to 24 hoursEthereum50 ETHLitecoin1,000 LTCUSDT TRC20100,000 USDT However, if you choose to withdraw via bank transfer, then $25 per transaction withdrawal fee will be charged, except for withdrawal amount over $1,000.