Search

DCF Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

DCF Broker Review

1.58

WikiFX monitor

Business

Field Survey Danger

License

FCA Clone Firm

DCF Review 1

Latest All(1) Exposure(1)
Exposure

I opened an account on DCF in 2018. After trading under the guidance of investment instructor’s, I lost a lot and now I can’t even withdraw.

FX9259215907
2019-02-13

  

DCF 2025 Review: Everything You Need to Know

  The DCF (Digit Capital Fund) has garnered a mixed reputation in the forex trading community. Established in 2017, this UK-based broker primarily utilizes the MT4 trading platform. While it offers a range of trading opportunities, its overall score from various reviews indicates significant concerns regarding its trustworthiness and regulatory compliance.

  Note: It is crucial to recognize that DCF operates under different entities in various regions, which may affect its regulatory standing and user experience. Therefore, thorough research is recommended before engaging with this broker.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 4
Trustworthiness 2
User Experience 3
Additional Rating 3

  We assess brokers based on user reviews, expert opinions, and factual data.

  

Broker Overview

  Founded in 2017, DCF is a forex broker based in the United Kingdom. It primarily operates on the MT4 trading platform, which is known for its customizability and user-friendly interface. DCF claims to offer a variety of trading assets, including forex, commodities, and indices, although specific details on available instruments are limited. The broker is reported to be a clone firm of FCA-regulated entities, which raises questions about its legitimacy.

  

Detailed Section

  Regulatory Regions:

  According to various sources, DCF is operating in the UK but is identified as a clone firm of FCA-regulated entities. This suggests that while it may present itself as regulated, there are significant concerns about its actual compliance with regulatory standards. The lack of transparency around its regulatory status is a major red flag for potential traders.

  Deposit/Withdrawal Currencies:

  The broker accepts various deposit and withdrawal methods, including cryptocurrencies, although specific details on supported currencies are not clearly outlined in the reviews. The absence of a clear withdrawal policy has raised concerns among users regarding the ease of accessing their funds.

  Minimum Deposit:

  Information about the minimum deposit required to open an account with DCF is scarce. Some reviews suggest that the broker may have a low minimum deposit requirement, but this is not confirmed across all sources.

  Bonuses/Promotions:

  The broker appears to offer bonuses and promotions, but these may come with stringent conditions that could complicate withdrawals. According to one review, accepting bonuses may require traders to meet high turnover targets before they can access their funds.

  Tradable Asset Classes:

  DCF claims to provide access to various asset classes, including forex, CFDs on commodities, indices, and cryptocurrencies. However, the actual availability of these assets can vary, and users have reported difficulties in finding specific instruments on the platform.

  Costs (Spreads, Fees, Commissions):

  The reviews indicate that DCF has a variety of costs associated with trading, including spreads and commissions. However, the exact figures are not consistently reported, leading to confusion among potential users. The lack of transparency regarding fees is a significant drawback.

  Leverage:

  While some reviews mention high leverage ratios, specifics are not consistently available. High leverage can be risky, and potential traders should be cautious, especially given the broker's questionable regulatory status.

  Allowed Trading Platforms:

  DCF operates solely on the MT4 platform, which is known for its robust trading capabilities. However, some reviews criticize MT4 for being outdated and lacking advanced security features like two-step verification.

  Restricted Regions:

  There is no clear information on restricted regions for DCF, but given its clone firm status, traders in certain jurisdictions may be at risk. It is advisable to check local regulations before trading with DCF.

  Available Customer Service Languages:

  Customer service is reportedly limited, primarily offering support in English. Users have noted long wait times for responses, which could be a concern for those requiring timely assistance.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 4
Customer Service and Support 2
Trading Setup (Experience) 4
Trustworthiness 2
User Experience 3
Additional Rating 3

  

Detailed Breakdown

  Account Conditions:

  User feedback highlights concerns regarding the account conditions offered by DCF. Many users have reported difficulties in withdrawing funds and have expressed frustration over the broker's policies, which appear to be unfriendly towards traders.

  Tools and Resources:

  While the MT4 platform is customizable and offers various tools, users have noted that some features are hard to locate, and the platform lacks modern functionalities. This could hinder the trading experience for both novice and experienced traders.

  Customer Service and Support:

  The customer service ratings for DCF are notably low, with users reporting long wait times and inadequate support. This could be a significant issue for traders who require timely assistance, especially in a fast-paced trading environment.

  Trading Setup (Experience):

  Despite the platform's user-friendly design, the overall trading experience is marred by the lack of clarity in available assets and the broker's questionable reliability. Users have reported difficulties in executing trades and accessing their accounts.

  Trustworthiness:

  The trustworthiness of DCF is a major concern, with many reviews labeling it as a clone firm. The ambiguity surrounding its regulatory status and the presence of negative user experiences contribute to a low trust rating.

  User Experience:

  Overall, the user experience with DCF has been mixed, with many users expressing dissatisfaction over various aspects of the trading process. The combination of regulatory concerns, customer service issues, and unclear trading conditions has led to a negative perception of the broker.

  In conclusion, the DCF 2025 review indicates that potential traders should approach this broker with caution. The lack of transparency, regulatory concerns, and negative user experiences highlight the need for thorough research before engaging with DCF.

DCF review