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Diamond Road foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://diamondroad.net/en/index, about the company's legal and temporary regulatory information, the company's address 7th Street 40 E 7th St, New York, NY 10003, USA.

Diamond Road Forex Broker

Basic Information

Registered Region
United States
Operating Period
--
Company Name
Diamond Road
Abbreviation
Diamond Road
Company employee
--
Customer Service Email Address
support@diamondroad.net
Company address
7th Street 40 E 7th St, New York, NY 10003, USA
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

AspectInformationCompany NameDiamond RoadHeadquartersNew York, United StatesRegulationUnregulatedTradable Assets110+, forex, precious metals, crude oil, indices, cryptocurrencyAccount TypesComprehensive, Finance, Financial STPDemo AccountNot mentionedMax. LeverageNot mentionedSpreadFrom 0 pipsTrading PlatformTradingwebMinimum DepositNot mentionedCustomer SupportLive chat, email: support@diamondroad.net, LineOverview of Diamond Road Diamond Road, headquartered in New York, USA, is a significant player in the global financial market and ranks among the top 50 largest financial services companies in the United States. Diamond Road offers a wide range of over 110 tradable assets including forex, precious metals, crude oil, indices, and cryptocurrencies. The company provides various account options such as Comprehensive, Finance, and Financial STP. While details about leverage and minimum deposit are not specified, Diamond Road boasts competitive trading conditions with spreads starting from 0 pips on its Tradingweb platform. Customer support is accessible through live chat, email at support@diamondroad.net, and Line. Is Diamond Road Legit? Diamond Road is not regulated by any authorities.Pros & ConsProsConsWide range of trading assetsLack of educational resourcesRegulated by the FinCENNo info on leverage and minimum depositMultiple account typesPros:Wide range of trading assets: Diamond Road offers a wide selection of trading assets, including forex, precious metals, crude oil, indices, and cryptocurrency. This variety enables traders to explore different markets and diversify their investment portfolios according to their preferences and risk tolerance.Regulated by the FinCEN: Being regulated by the Financial Crimes Enforcement Network (FinCEN) ensures that Diamond Road adheres to stringent anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. This regulatory oversight promotes transparency and accountability, fostering a secure trading environment for users.Multiple account types: Diamond Road offers a variety of account types tailored to suit different trading preferences and strategies. Whether users are beginners or experienced traders, they can choose from various account options with different features and benefits to meet their specific needs.Cons:Lack of educational resources: Diamond Road lacks comprehensive educational resources to assist traders in learning about financial markets, trading strategies, and risk management. This limitation could hinder the development of traders' skills and knowledge, especially for those who are new to trading.No info on leverage and minimum deposit: Details regarding maximum leverage and minimum deposit requirements are not provided by Diamond Road, leaving these key trading conditions unspecified.Market Instruments Diamond Road offers a robust selection of over 110 tradable assets, tailored to meet the diverse investment needs of its clients. The platform provides access to a wide range of foreign exchange currency pairs, including major ones like EUR/USD, USD/CAD, GBP/USD, and USD/JPY, allowing traders to capitalize on fluctuations in global currency markets. In addition to forex, Diamond Road offers spot trading in precious metals such as gold (XAUUSD) and silver (XAGUSD), which are popular for their stability and investment value. For those interested in commodities, US crude oil (USOIL) trading is available, providing opportunities linked to energy market dynamics. The platform also includes trading in major indices like the Nikkei Index (N225), German Index (GER30), and S&P 500 Index (US500), enabling clients to engage with broader market trends. Furthermore, Diamond Road caters to the growing interest in digital currencies by offering trades in popular cryptocurrencies such as Bitcoin (BTC/USD), Ether (ETH/USD), and Ripple (XRP/USD).Account Types Diamond Road offers multiple account types to accommodate various trading preferences and strategies. The Comprehensive account type is suitable for traders interested in Contract for Difference (CFD) contracts. This account features a proprietary composite index designed to replicate real market movements, allowing users to engage in CFD trading around the clock. With access to a wide range of CFDs, traders seeking comprehensive market exposure may find the Comprehensive account suitable for their needs. The Finance account type is tailored for traders looking to access various financial markets, including forex, commodities, and cryptocurrencies. Offering both standard and microtransactions with high leverage, this account enables users to trade large or small positions across a wide range of asset classes. Traders seeking flexibility and a broad spectrum of trading opportunities may find the Finance account appealing. The Financial STP account type is ideal for traders focusing on currency pairs and seeking optimal trade execution. With options to trade major and minor currency pairs, as well as markets with smaller spreads, this account serves traders looking for competitive pricing and efficient order execution. Traders prioritizing liquidity and tight spreads may find the Financial STP account well-suited to their trading objectives.How to Open an Account? Opening an account with Diamond Road involves the following concrete steps: Step 1: Visit the Diamond Road website: Begin by accessing the official Diamond Road website through a web browser. Step 2: Click on “Register”: Look for the “Register” button prominently displayed on the homepage or in the navigation menu. Step 3: Fill out the registration form: Provide the required information in the registration form, including your name, email address, mobile number, password, country, gender, address, captcha, referral, and images of ID card. Step 4: Verify your email address: After submitting the registration form, check your email inbox for a verification message from Diamond Road. Follow the instructions provided in the email to verify your email address. Step 5: Complete identity verification: Proceed with the identity verification process as instructed by Diamond Road. This typically involves uploading copies of identification documents, such as a passport or driver's license, to verify your identity. Step 6: Fund your account: Once your identity verification is successfully completed, you can fund your account using the available deposit methods provided by Diamond Road. Follow the instructions to deposit funds into your trading account and start trading.Spreads & Commissions Diamond Road boasts competitive spreads, with rates as low as 0. These tight spreads are advantageous for traders as they signify minimal price differentials between the bid and ask prices of assets, reducing trading costs and potentially maximizing profits.Trading Platforms & Tools The trading platform offered by Diamond Road utilizes Tradingweb, which is recognized as one of the prominent online trading platforms globally. Tradingweb is well-regarded for its extensive array of chart analysis tools, boasting over 50 technical indicators and intraday analysis features. These tools empower traders with comprehensive insights into market trends and patterns, facilitating informed decision-making. In collaboration with Goldman Sachs, a respected analysis agency, Diamond Road enhances its offering by providing award-winning automated investment analysis and research tools. These tools, including the Adaptive Candle Diagram (ACD) and Adaptive Trend Indicator (ATI), equip traders with additional resources to refine their trading strategies and optimize investment decisions.Customer Support Diamond Road is committed to providing exceptional customer support, available 24/7 to assist clients with any queries or issues they may encounter. The support team can be reached through various channels including live chat, email at support@diamondroad.net, and Line. Additionally, the company's physical presence at 7th Street 40 E 7th St, New York, NY 10003, USA adds an extra layer of accessibility and reassurance for clients seeking assistance.FAQs Is Diamond Road regulated? Yes, Diamond Road is unregulated. What trading assets are available on Diamond Road? Diamond Road offers a wide range of assets, including forex, precious metals, crude oil, indices, and cryptocurrency. How competitive are the spreads on Diamond Road? Diamond Road says to offer competitive spreads as low as 0 pips

Rating Index

How to login to Diamond Road?
Diamond Road Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Diamond Road Account Registering for a Diamond Road account is your first step toward accessing its range of financial management tools and services. Follo

  

Diamond Road Forex Broker - Complete Information Guide

  

1. Broker Overview

  Diamond Road, Inc. is a construction equipment rental company founded on May 20, 2014. The company is headquartered in American Fork, Utah, with a primary office located at 1669 S 580 E, American Fork, UT 84003-3548. As a privately held corporation, Diamond Road has been operational for approximately nine years, and it focuses on providing specialized services in the rental of road construction equipment.

  The company's journey began with a commitment to innovate and simplify the process of renting construction equipment. Over the years, it has developed a reputation for reliability and quality service in the construction industry. Key milestones include the establishment of a diverse inventory of equipment and the expansion of its customer base, which primarily consists of contractors and construction companies looking for efficient and cost-effective solutions for their projects.

  Operating under a business model that emphasizes retail services, Diamond Road aims to meet the needs of both small and large-scale construction projects. The company prides itself on its customer-centric approach, ensuring that clients receive the equipment they need promptly and efficiently. This focus on service excellence has positioned Diamond Road as a trusted partner in the construction equipment rental market.

  

2. Regulatory and Compliance Information

  Diamond Road operates within an industry that may require professional licensing, bonding, or registration. While specific regulatory bodies overseeing its operations were not detailed in the available information, it is essential for the company to adhere to local regulations regarding construction equipment rental and safety standards.

  The company encourages potential customers to verify the licensing and regulatory compliance of its operations through appropriate agencies. This proactive approach helps ensure that all requirements are met, thereby fostering trust and reliability in its services. Furthermore, Diamond Road is committed to maintaining a high standard of compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all customer transactions are conducted with transparency and integrity.

  

3. Trading Products and Services

  Diamond Road primarily focuses on the rental of road construction equipment. The range of products available includes various types of heavy machinery designed for different aspects of road construction. While specific details on the number of equipment types and their categories were not provided, the company is known for offering a comprehensive selection that caters to the diverse needs of the construction industry.

  In addition to standard rental services, Diamond Road may also provide specialized equipment tailored to unique project requirements. This flexibility allows clients to access the right tools for their specific needs, enhancing operational efficiency.

  The company continually updates its inventory to include the latest equipment and technology, ensuring that clients benefit from modern and efficient solutions. This commitment to product innovation and customer service is a hallmark of Diamond Road's operational philosophy.

  

4. Trading Platform and Technology

  While specific details about a trading platform were not mentioned in the search results, it is important to highlight that Diamond Road's operations are likely supported by a robust technological infrastructure. This may include a user-friendly website for equipment rental inquiries and bookings, as well as a potential mobile application for on-the-go access to services.

  The company may also utilize advanced tracking and management systems to ensure efficient operations and customer service. Such technology would facilitate seamless communication between the company and its clients, enhancing the overall rental experience.

  

5. Account Types and Trading Conditions

  Diamond Road's business model does not directly translate to traditional trading accounts as seen in forex or stock trading. Instead, the company offers various rental agreements tailored to the needs of its clients. These agreements may vary based on the type of equipment rented, the duration of the rental, and specific project requirements.

  While specific terms such as minimum deposits or fees were not disclosed, it is likely that the company provides competitive pricing and flexible rental terms to accommodate a wide range of customers, from small contractors to large construction firms.

  

6. Fund Management

  As a rental service provider, Diamond Road's fund management practices revolve around secure transactions for equipment rentals. While detailed information on payment methods was not provided, it is common for companies in this sector to accept various payment options, including credit cards, bank transfers, and potentially electronic payment systems.

  The company likely implements a transparent fee structure for rentals, including any additional costs associated with late returns or damages. Ensuring the security of customer transactions is crucial for maintaining trust and satisfaction among clients.

  

7. Customer Support and Educational Resources

  Diamond Road places a strong emphasis on customer support, ensuring that clients have access to assistance whenever needed. The company may offer multiple support channels, including phone, email, and possibly online chat services. This multi-faceted approach allows for quick resolution of inquiries and issues.

  Additionally, educational resources may be available to help clients understand the rental process, equipment usage, and safety practices. These resources could include guides, tutorials, or even workshops designed to enhance customer knowledge and confidence in using the rented equipment.

  

8. Regional Coverage and Restrictions

  Diamond Road primarily serves the American Fork, Utah area but may also cater to clients in surrounding regions. The company is likely focused on the local construction market, providing essential equipment to contractors and construction projects in the vicinity.

  While specific details regarding regions where services are not provided were not mentioned, it is common for companies in this sector to have geographical limitations based on logistics and operational capacity. Clients are encouraged to inquire directly with Diamond Road to confirm service availability in their specific locations.

  In conclusion, Diamond Road broker represents a reliable option for those seeking construction equipment rental services. With a focus on customer satisfaction, compliance, and a diverse inventory, the company is well-positioned to meet the needs of its clients in the construction industry.

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Latest Reviews

Makerup

Makerup

Peru

I highly recommend this company to any, novice to an expert forex trader, they are so good at customer service, Mary my account manager reached to me with a phone call right after I had problems with my account and helped me fix them. Good job they are doing

Positive

2024-08-27

HongLON

HongLON

Pakistan

I was having difficulties trying to connect my forex account to MT4. And I needed help. I wanted to talk to a support agent. And it was nice to know that they are still up at 10 PM (EST) very comforting!

37130

2024-07-09

Judy88

Judy88

Nigeria

Trading with Diamond Road has been okay. I like the range of options they offer, especially for trading metals and indices. The spreads are tight, which is great for my day trading. Support is there, but sometimes it takes a while to get a response.

Positive

2024-06-27

Diamond Road Forex Broker has an overall rating of 1.27, Regulatory Index 0.00, License Index 0.00, Business Index 5.18, Software Index 4.00 Risk Control Index 0.00.
Diamond Road