Direct Hedge Forex Broker

Direct Hedge Review SummaryFounded2000Registered Country/RegionDenmarkRegulationUnregulatedProducts & ServicesDerivatives Contracts, Cash Settled SwapsCustomer SupportTel: +4570201297Email: info@directhedge.comPhysical address: Direct Hedge Danmark Fondsmæglerselskab A/S Tuborg Boulevard 12, 3.sal 2900 Hellerup - Denmark Established in 2000, Direct Hedge specializes in brokering specialist commodity products. It primarily offers new derivatives contracts for products and cash settled swaps services. However, its website is so simplistic that only limited information can be obtained from it. In addition, it lacks regulation from any authoritative body.Pros and ConsPros Cons Long history of operationNo regulationLimited info on trading conditionsOverly simplistic websiteIs Direct Hedge Legit? No, Direct Hedge is not a legitimate broker. It claims to be regulated by the Danish Financial Supervisory Authority, but upon investigation, we found no information to support this claim of regulatory licensure. Instead, we discovered that the National Futures Association (NFA) had ordered Direct Hedge to pay a $70,000 fine due to its failure to maintain required communications records and to register an individual as an Associated Person (AP) and NFA Associate.Products and Services Direct Hedge primarily offers new derivatives contracts for a wide range of products, spanning from fertilizer chemicals and farmed salmon to edible oils. In addition, it provides the opportunity to trade cash-settled swaps online for:A variety of phosphate and nitrogen-based fertilizersA selection of edible oils.