DXB Market foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://user.dxb-markets.com/register/email?lang=en, about the company's legal and temporary regulatory information, the company's address Unit G25 Waterfront Studios, 1 Dock Road, London, E16 1AH, United Kingdom.
Company Name: DXB Market Limited
Founded: 2 to 5 years ago (exact year not specified)
Headquarters: United Kingdom
Company Type: Private ownership
Main Markets and Clientele: The broker primarily serves retail forex traders, though specific customer demographics are not detailed.
Company Development and Milestones: DXB Market Limited is an unregulated brokerage that has emerged in the forex trading space but lacks significant transparency regarding its operations and history.
Parent Company or Group Relations: No parent company has been disclosed in the available information.
Business Model Introduction: The DXB Market broker operates primarily in the retail forex market, offering trading services on various platforms, notably MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Main Regulatory Authorities: Currently, DXB Market operates without valid regulatory oversight, raising significant concerns about its legitimacy and safety.
Regulatory Numbers: Specific regulatory numbers are not available due to the lack of regulation.
Validity and Scope of Regulatory Licenses: The broker has been noted to have a suspicious regulatory license, and it is currently unregulated, which poses a high potential risk for traders.
Legal Entities in Different Regions: The broker is registered in the United Kingdom, but it does not have valid regulatory oversight from any recognized financial authority.
Client Fund Segregation Policy: There is no information available regarding client fund segregation practices, which is a critical aspect of investor protection.
Investor Compensation Fund Participation: DXB Market does not participate in any investor compensation schemes, further increasing the risk for clients.
KYC and AML Compliance Measures: The broker's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations is not detailed, raising concerns about its operational integrity.
Number of Forex Currency Pairs and Major Types: The specific number of forex currency pairs offered by DXB Market is not disclosed, but it typically includes major pairs, minor pairs, and exotic pairs common in the forex market.
CFD Product Categories: The broker is expected to offer Contracts for Difference (CFDs) on various assets such as indices, commodities, stocks, and cryptocurrencies, although detailed product offerings are not specified.
Special Products or Unique Trading Varieties: No unique trading products or special offerings have been highlighted in the available information.
Product Update Frequency and New Additions: There is no available information regarding the frequency of product updates or the addition of new trading instruments.
Retail Trading Services: DXB Market primarily focuses on providing retail trading services through its trading platforms.
Institutional Client Services: No specific information is available regarding services tailored for institutional clients.
White Label Solutions: There is no mention of whether DXB Market offers white label solutions for other brokers.
Asset Management Services: Information on asset management services is not provided.
MetaTrader 4/5 Support Status: The DXB Market broker supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used in the forex trading community.
Proprietary Platform Details: There is no indication that DXB Market has developed a proprietary trading platform.
Web-based Trading Platform: The broker does not provide specific details about a web-based trading platform.
Mobile Application Availability: Information about mobile applications for iOS and Android platforms is not available.
Execution Model (ECN, STP, Market Making): The execution model used by DXB Market is not clearly defined in the available information, which raises questions about its operational transparency.
Server Location and Technical Infrastructure: Specific details about server locations and technical infrastructure are not disclosed.
API Access and Automated Trading Support: There is no information available regarding API access or support for automated trading solutions.
Standard Account Conditions: The minimum deposit requirement, spreads, and commissions for standard accounts are not explicitly stated.
Advanced Account Types: Information on advanced account types such as VIP or professional accounts is not provided.
Special Accounts: There is no mention of special accounts, such as Islamic accounts or corporate accounts.
Demo Account Policy: The availability of demo accounts is not specified in the available information.
Leverage Ratio Range: The leverage ratios available for different products are not detailed.
Minimum Trade Size: The minimum trade size is not provided in the available information.
Overnight Fees Policy: Information regarding overnight fees or swap rates is not disclosed.
Supported Deposit Methods: The broker's supported deposit methods, including bank transfers, credit cards, and e-wallets, are not specified.
Minimum Deposit Requirements: Minimum deposit requirements for different account types are not detailed.
Deposit Processing Time: The processing time for deposits is not mentioned.
Deposit Fees: Information regarding deposit fees is not available.
Withdrawal Methods and Restrictions: The methods and potential restrictions for withdrawals are not provided.
Withdrawal Processing Time: Specific withdrawal processing times are not disclosed.
Withdrawal Fee Structure: The fee structure for withdrawals is not mentioned.
Support Channels: The available support channels, including phone, email, live chat, and social media, are not specified.
Service Time and Time Zone Coverage: The service hours and time zone coverage for customer support are not detailed.
Multilingual Support: There is no information on the languages supported by customer service representatives.
Types of Educational Resources: The broker does not specify the types of educational resources offered, such as webinars, tutorials, or e-books.
Market Analysis Services: Information regarding daily analysis, news, or research reports is not available.
Trading Tools: The broker's provision of trading tools such as calculators, calendars, or signal services is not mentioned.
Main Service Markets: The primary markets served by DXB Market are not clearly defined in the available information.
Regional Office Distribution: There are no details about the distribution of regional offices.
Countries/Regions Not Accepted: Specific countries or regions from which clients are not accepted are not disclosed.
Special Restrictions: There is no information on any special restrictions that may apply to specific regions or countries.
In conclusion, while the DXB Market broker presents itself as a forex trading platform, significant concerns arise from its lack of regulation, transparency, and detailed operational information. Potential traders should exercise caution and consider the risks associated with engaging with unregulated brokers.
アービー
Japan
A woman on Line talked with me about investment. So I opened an account, deposited and did transactions. When I wanted to withdraw, it asked me to pay taxes or I had to pay late fee if delayed. I thought she might be a scammer.
Exposure
2021-08-15
KAI24985
Japan
I sent a email to customer support but did not receive any reply. I was unable to withdraw because it asked for tax.
Exposure
2021-08-14
FX2085538351
Japan
I was unable to withdraw. Beware of this woman called Yamada Michiko.
Exposure
2021-08-18