Dupoin Forex Broker
Basic Information
United Kingdom
10-15 years Regulated in United Kingdom Regulated in Indonesia Straight Through Processing (STP) Retail Forex License MT5 Full License Self-developed Global Business High potential riskCompany profile
Rating Index
Pros
FCA and Bappebti regulated, ensuring a level of security and compliance.
Affordable minimum deposit options starting from $10, making it accessible for most traders.
Offers a user-friendly trading platform with multiple options, including MT5 and a proprietary app.
Cons
Limited withdrawal methods, with only bank transfers available, which may be inconvenient.
No support for the widely used MT4 platform, potentially limiting options for some traders.
Some user reviews mention slow processing times for withdrawals, which could affect trading experience.
Dupoin Forex Broker - Complete Information Guide
1. Broker Overview
Dupoin, officially known as Dupoin UK Ltd, was established in 2023. The company is headquartered in Manchester, United Kingdom, with its main office located at Suite 4B, Manchester Club, 81 King Street, Manchester, M2 4AH, United Kingdom. Dupoin operates as a private brokerage firm and primarily serves retail clients in various global markets, including regions such as the United Kingdom, Indonesia, and other parts of Asia.
The company's development has been marked by significant milestones, including its establishment and rapid growth in the forex trading sector. Dupoin has positioned itself as a competitive player in the industry by offering a variety of trading instruments and services. The firm operates under a Straight-Through Processing (STP) model, which allows for direct market access and efficient trade execution.
Dupoin broker offers a range of services, including retail forex trading, commodities, indices, shares, and cryptocurrencies. The firm aims to cater to both novice and experienced traders, providing them with the necessary tools and resources to succeed in the financial markets.
2. Regulatory and Compliance Information
Dupoin is regulated by several authorities, ensuring a level of oversight and compliance with financial regulations. The main regulatory bodies overseeing Dupoin include:
Financial Conduct Authority (FCA), United Kingdom
License Number: 622574
Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti), Indonesia
License Number: 423/Bappebti/SI/VII/2004
Jakarta Futures Exchange (JFX), Indonesia
License Number: SPA B-064/BBJ/04/04
These licenses signify that Dupoin adheres to the regulatory requirements set forth by these institutions, which include maintaining client fund segregation policies. Client funds are kept separate from the company's operational funds, thus ensuring safety in case of insolvency.
Dupoin implements strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to prevent fraud and ensure the integrity of its operations. These measures include verifying the identity of clients and monitoring transactions for suspicious activity.
3. Trading Products and Services
Dupoin broker offers a diverse range of trading products across various asset classes:
Forex: The broker provides access to a wide array of currency pairs, including major, minor, and exotic pairs, catering to different trading strategies and preferences.
CFD Products: Dupoin offers Contracts for Difference (CFDs) on various instruments, including:
Indices: Major global indices such as the S&P 500, NASDAQ, and FTSE 100.
Commodities: Trading options on precious metals like gold and silver, as well as energy products.
Shares: Access to trade shares of prominent companies.
Cryptocurrencies: Trading options on popular digital currencies, enhancing the broker's appeal to tech-savvy traders.
Dupoin frequently updates its product offerings to remain competitive and responsive to market demands, ensuring that clients have access to the latest trading opportunities.
4. Trading Platforms and Technology
Dupoin broker supports several trading platforms to cater to the diverse needs of its clients:
MetaTrader 5 (MT5): A widely recognized trading platform that offers advanced charting tools, multiple order types, and automated trading capabilities.
Dupoin App: The broker's proprietary mobile application is designed for both iOS and Android devices, providing users with a user-friendly interface for trading and account management.
Acts Trade: A web-based platform that offers basic trading functionalities, accessible from any internet-enabled device.
Dupoin operates on a STP execution model, ensuring that trades are executed directly in the market without interference. The broker's servers are strategically located to provide optimal speed and reliability, enhancing the trading experience.
API access is also available, allowing clients to integrate their trading strategies and automated systems seamlessly.
5. Account Types and Trading Conditions
Dupoin broker offers several account types tailored to meet the varying needs of traders:
Cent Account:
Minimum Deposit: $10
Spread: Starting from 1.2 pips
Minimum Trade Size: 0.01 cent lot
Standard Account:
Minimum Deposit: $30
Spread: Starting from 1.2 pips
Minimum Trade Size: 0.01 lot
Premium Account:
Minimum Deposit: $10,000
Spread: Starting from 0.0 pips
Minimum Trade Size: 0.01 lot
All account types offer leverage up to 1:1000, allowing traders to control larger positions with a smaller capital outlay. Additionally, Dupoin implements a negative balance protection policy, ensuring that clients do not lose more than their deposited amounts.
6. Fund Management
Dupoin broker provides various methods for fund management, facilitating easy deposits and withdrawals:
Deposit Methods:
Bank Transfer: A widely used method for funding accounts.
Cryptocurrency Transfers: Instant deposits are accepted in USDT (ERC20 and TRC20).
Minimum Deposit Requirements:
Cent Account: $10
Standard Account: $30
Premium Account: $10,000
Deposits typically process within 2-4 business days, depending on the method used. Dupoin does not charge any fees for deposits, making it cost-effective for traders.
- Withdrawal Methods:
- Currently, withdrawals can only be made via bank transfer, which also takes 2-4 business days for processing.
Dupoin maintains a transparent fee structure for withdrawals, ensuring clients are aware of any potential charges.
7. Customer Support and Educational Resources
Dupoin broker offers robust customer support to assist clients with their trading needs:
Support Channels:
Email: support@dupoin.co.uk
Phone: 004401618832515
Live Chat: Available from Monday to Friday, 9:00 AM to 5:30 PM (GMT).
Multilingual Support: The broker provides support in multiple languages to cater to its diverse client base.
Dupoin also offers a range of educational resources to help traders enhance their skills and knowledge, including:
- Webinars: Regular online seminars covering various trading topics.
- Tutorials: Step-by-step guides on using trading platforms and understanding market dynamics.
- Market Analysis: Daily analysis, news updates, and research reports to keep traders informed.
8. Regional Coverage and Restrictions
Dupoin broker primarily serves clients in regions such as:
- United Kingdom
- Indonesia
- Singapore
- Malaysia
- United States
The broker has a presence in these markets, offering localized services and support. However, Dupoin does not accept clients from certain countries due to regulatory restrictions. Specific countries may include those with stringent financial regulations or those on sanction lists.
Dupoin broker aims to expand its reach while adhering to the regulatory frameworks of the regions it operates in, ensuring compliance and safety for its clients.
In conclusion, Dupoin broker presents itself as a comprehensive trading platform catering to a variety of trading needs. With regulatory oversight, a diverse range of products, and robust customer support, Dupoin aims to provide a secure and efficient trading environment for its clients.
Dupoin Similar Brokers
Latest Reviews
FX1866357968
Malaysia
Dupoin, you rotten scammer platform, you've taken all the hard-earned money I earned from opening a seafood restaurant in Penang! Last Monday morning at 9:30am, I stared at the GBP/MYR trend chart and stayed up until 2am the night before to analyze the trading data of the past 10 days. I managed to open 4 short positions at the 5.4820 level. After clicking on the confirmation button, the platform froze and the order status kept showing "loading". I frantically clicked on refresh, returned my account, and logged in again, even switching to two computers in the store and at home. It took me 25 minutes to get in! Looking at the price, it has dropped to 5.4310. It was supposed to make 82000 ringgit, but now it's doing well. Not only did it not make any profit, but it also lost 63000 yuan due to the panic of replenishing the position! Dupoin, you are deliberately playing tricks and trying to make us retail investors like leeks to be cut!
Exposure
3d
FX3543145050
Malaysia
It's a complete scam. The slippage was as high as 32 pips, and the loss on a single trade exceeded 30% of my principal. On April 12, 2025, at 8:30 PM, I traded GBP/USD on Dupoin with a take-profit of 1.2680 and a stop-loss of 1.2620, with a position size of 0.5 lots and an account balance of RM42,000. When the market hit 1.2685, the platform showed a slippage to 1.2653, closing the position. Not only did I not make a profit, but I actually lost $135 (approximately RM621). When the non-farm payroll data was released on April 18th, I set a stop-loss at 1.0850 on my EUR/USD long position. As the market plummeted, I experienced a 32-point slippage, ultimately closing my position at 1.0818. This resulted in a loss of $540 (approximately RM2,484), representing 30.3% of my RM8,200 account capital at the time. Compared to other platforms during the same period, the average slippage during that period was only 4.2 points. Malaysian investors, please withdraw your funds immediately and stay
Exposure
09-01
FX3193587756
Malaysia
Dupoin is a bloodsucking shrew! Last Thursday, I bought a long position in the AUD/MYR pair based on export data released by the Ministry of International Trade and Industry of Malaysia. I set a take-profit at 3.6250, hoping to earn enough to buy my wife a new car. However, at 2:50 PM that day, the price had clearly risen to 3.6280, triggering my take-profit, but the platform seemed to be dead, not automatically closing my position! By the time I noticed, the price had plummeted to 3.5720, leaving me with a loss of RM112,000! Even worse, this Monday, I tried to withdraw RM280,000 to pay for the seafood restaurant, but the platform said it needed "four business days of review." Then, on Friday, they said there was an "anomaly in the transaction record, temporarily freezing withdrawals!" I follow every trade according to the rules, so where did the anomaly come from?
Exposure
3d