DtreX Forex Broker

Note: DtreX's official website - https://dtrex.com/ is currently inaccessible normally.DtreX Review SummaryFounded2009Registered Country/RegionSaint Vincent and the GrenadinesRegulationNo regulationMarket Instruments700+, forex pairs, commodities, indices, precious metals, stocks and cryptocurrenciesDemo Account/LeverageUp to 1:500SpreadFrom 0.1 pips (Standard account)Trading PlatformMT5Min Deposit$5,000Customer SupportTel: 00441340202062Email: support@dtrex.com DtreX was registered in 2009 in Saint Vincent and the Grenadines, mainly offering trading services related to forex pairs, commodities, indices, precious metals, stocks, and cryptocurrencies markets. It provides 4 types of accounts, among which the minimum deposit is $5,000 and the leverage can be up to 1:500. However, this company is not regulated, which means potential risks cannot be ignored.Pros and ConsPros Cons Long operation timeInaccessible websiteDiverse tradable assetsLack of regulationVarious account choicesHigh minimum depositMT5 supportedDeposit/withdrawal fee chargedMultiple payment optionsIs DtreX Legit? No, DtreX is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Besides, its domain status shows that client transferring is prohibited. Please note the potential risks.What Can I Trade on DtreX? DtreX provides several types of products, including forex pairs, commodities, indices, precious metals, stocks and cryptocurrencies.Tradable Instruments Supported Forex Pairs✔Commodities✔Precious Metals✔Indices✔Stocks✔Cryptocurrencies✔Bonds❌Options❌ETFs❌Account Type DtreX provides 4 types of accounts, including Standard, Swap Free, Pro, and ECN. However, it does not mention whether demo accounts are available or not.Account TypeMin DepositMax LeverageSpreadStandard/1:200From 0.1 pipsSwap Free/Pro$5,0001:500ECN$10,0001:100From 0 pipsLeverage The leverage can be up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.Trading PlatformTrading PlatformSupported Available Devices Suitable forMT5✔PC, web, mobileExperienced tradersMT4❌/BeginnersDeposit and Withdrawal DtreX accepts a number of payment options, and it charges certain amounts of fees depending on the types of payment methods.Payment OptionDeposit FeeWithdrawal FeeCredit/debit cards2.5%- 4%1.2% - 2.5%Wire transfer//Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple and USD Tether//Yandex5%3%QIWI5%3%WebMoney2.5%+ 0.8%, max $500.8, max $50Perfect Money/2%