Dupoin Forex Broker

Dupoin Review SummaryFounded2023Registered Country/RegionUnion of ComorosRegulationFCA, BAPPEBTI regulatedMarket InstrumentsForex, Commodities, Indices, Shares, CryptocurrenciesDemo Account/SpreadFrom 1.2 pips (Standard account)LeverageUp to 1:1000Minimum DepositUSD10Trading PlatformDupoin App, ActsTrade, MetaTrader 5Customer SupportLive chatSocial media: Facebook, Twitter, LinkedIn, InstagramAddress: Hamchako, Mutsamudu, The Autonomous Island of Anjouan, Union of ComorosEmail: support@dupoin.com; live chat (Monday - Friday 9:00 a.m.- 5:30 p.m.)Dupoin Information Dupoin, a newly established brokerage company with its domain registered in 2002, offers trading services on forex, commodities, indices, shares and cryptocurrencies to global clients. There are 3 tiered accounts with minimum deposit starting from $10, affordable to most traders. Trades can be executed on 3 platforms: the renowned MT5, its proprietary Dupoin and ActsTrade. Copy trading function allows investors to quickly gain profits by imitating strategies from successful predecessors. One exciting news is that the broker is decently regulated by FCA (Financial Conduct Authority) and BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan), proving a certain level of liability and legality. What's more, the broker implements negative balance to ensure you will not lose more than the amount you have deposited.Pros and ConsProsConsFCA, BAPPEBTI regulatedNo MT4MT5 platformAffordable minimum depositTiered live accountsTight starting spreadsNegative balance protection implementedIs Dupoin Legit? Dupoin is officially regulated by FCA (Financial Conduct Authority) and BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi Kementerian Perdagangan), with licenses numbering at 326907 and 502635 respectively, indicating legal compliance in the region.Regulated CountryRegulatorRegulatory StatusRegulated EntityLicense TypeLicense NumberFCARegulatedDupoin UK LtdStraight Through Processing (STP)622574BAPPEBTIRegulatedPT DUPOIN FUTURES INDONESIA d/h PT DEU CALION FUTURES d/h PT. KRESNA OPTIMUS FUTURES d/h PT. OPTIMUS GLOBAL BERJANGKARetail Forex License423/BAPPEBTI/SI/VII/2004What Can I Trade on Dupoin? Dupoin provides trading services to a wide range of market instruments, mainly in 5 asset classes. Forex: Forex, or foreign exchange, is the global marketplace for trading national currencies against one another, facilitating international trade and investment. Commodities: Commodities are basic goods used in commerce that are interchangeable with other goods of the same type, such as precious metals as well as energy products. Indices: Indices are statistical measures that represent the performaDupoin of a specific group of assets, such as stocks or bonds, helping investors gauge market trends and economic health. Shares: Shares represent ownership stakes in large companies such as Apple, Tesla etc., allowing investors to participate in their profits and losses. Cryptos: Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain technology. When dealing with investment activities, always adhere to the principle of diversification by allocating funds across various products rather than coDupoinntrating on a single one you feel optimistic about.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔Cryptocurrencies✔Shares✔ETFs❌Bonds❌Mutual Funds❌Account Type Dupoin provides 3 tiered live account types: The Cent and Standard account suitable for beginners only require minimum deposits of USD10 and USD 30 respectively, affordable to most investors. Starting spread is the same from 1.2 pips. While those who gain enough experience and capital can try to go to the next level and try the Premium account, which requires an entry level of USD10000, with a very tight spread from 0 pip. For commissions, the broker only mentions “low commissions”, which is not explicit, you should seek confirmation from them if you want to trade with them.Account TypeCent Standard PremiumMin DepositUSD 10USD 30USD 10,000SpreadFrom 1.2 pipsFrom 1.2 pipsFrom 0.0 pipsMin Volume per Trade0.01 cent lot0.01 lot0.01 lotMax Volume per Trade20 cent lots20 lots20 lotsMargin Call / Stop-out Level100% / 20%Leverage Leverage, a trading tool that enables you to control larger positions with smaller capital, should always be used cautiously, with risk management indispensable for every investors. On Dupoin, leverage level is up to 1:1000 for all accounts.Trading Platform Dupoin offers three trading platforms: MetaTrader5, Dupoin App and ActsTrade. MetaTrader5 is a widely-used platform that is capable of executing orders instantly and displaying 100 charts simultaneously. You can use it by downloading an app from PC, Mac and mobile phones. While Dupoin app, developed by the broker itself, can be used on both Apple and Android phones. It boasts analysis charting as well as account and fund management tools, alongside economic events for traders to catch up with market trends to seize investment opportunities. ActsTrade, on the other hand, is the web version of the broker's proprietary platform with basic and simple functions. It is accessible from web browsers from any device. You can access the analysis tools as well on the web version as well.Deposit and Withdrawal Dupoin enables deposits via international bank transfer with 2-4 business days for processing and cryptocurrencies (accepted currencies: USDT-ERC20, USDT-TRC20) with instant handling. While for withdrawals, only the method of bank transfer, which takes 2-4 business days, is allowed.