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

DEME Broker Review

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DEME Review 1

Latest All(1) Exposure(1)
Exposure
Unable to withdraw

I deposited $350 and gained more than $15.000. However I was unable to withdraw. They did not respond. It was a scam.

FX4048673742
2021-07-28

  

Deme 2025 Review: Everything You Need to Know

  In this comprehensive review of Deme, we delve into the overall sentiment surrounding this forex broker, highlighting both its strengths and weaknesses. While some users appreciate its trading features, others raise concerns about regulatory issues and withdrawal difficulties. Key features include a lack of valid regulatory oversight and a proprietary trading platform.

  Note: It is crucial to consider that Deme operates under different entities across regions, which may affect user experiences and regulatory compliance. The information herein is derived from various sources to ensure fairness and accuracy.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 6
Trustworthiness 2
User Experience 5
(Optional) Regulatory Compliance 2

  How We Rate Brokers: Our ratings are based on user feedback, expert opinions, and factual data regarding the broker's offerings.

  

Broker Overview

  Deme is a forex broker established in Hong Kong, operating under Deme Financial (HK) Limited. It provides a proprietary trading platform but lacks support for popular platforms like MT4 or MT5. The broker offers trading in various asset classes, including forex, commodities, and indices. However, it is important to note that Deme does not have a solid regulatory framework, raising concerns about its trustworthiness.

  

Detailed Analysis

  

Regulatory Regions

  Deme operates primarily in regions without stringent regulatory oversight. As per various reviews, it has been flagged for having "suspicious regulatory licenses" and lacks a valid regulatory framework, which significantly impacts its trustworthiness and user confidence.

  

Deposit/Withdrawal Currencies

  Deme supports multiple currencies for deposits and withdrawals, including major currencies like USD and EUR. However, specific details regarding cryptocurrency transactions are not mentioned, indicating a potential gap in its offerings.

  

Minimum Deposit

  The minimum deposit required to open an account with Deme is reported to be around $350, which some users find relatively high compared to other brokers. This could pose a barrier for novice traders looking to start with smaller amounts.

  

Bonuses/Promotions

  Currently, there is no substantial information available regarding bonuses or promotions offered by Deme. This lack of promotional incentives may deter potential clients looking for attractive initial offers.

  

Tradable Asset Classes

  Deme offers a limited range of tradable assets, including forex pairs, commodities, and indices. However, the absence of cryptocurrencies and stocks may limit its appeal to a broader audience of traders.

  

Costs (Spreads, Fees, Commissions)

  The cost structure at Deme is somewhat opaque, with variable spreads mentioned but lacking specific details. Users have reported mixed experiences regarding withdrawal fees, with some claiming they faced difficulties when attempting to withdraw their funds.

  

Leverage

  Deme offers leverage ratios that can go up to 1:400. While this can be attractive for experienced traders looking to maximize their potential returns, it also poses a significant risk, especially for inexperienced traders.

  

Allowed Trading Platforms

  Deme exclusively uses its proprietary trading platform, which lacks compatibility with widely-used platforms like MT4 and MT5. This limitation can be a drawback for traders accustomed to the features and tools available on these popular platforms.

  

Restricted Regions

  Deme does not accept clients from certain regions, including the United States. This restriction may affect its global reach and limit its client base.

  

Available Customer Support Languages

  Customer support is available primarily in simplified Chinese, which may not cater to a diverse international audience. Additionally, users have reported difficulties in receiving timely responses from customer support, raising concerns about the overall service quality.

  

Repeated Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 3
Trading Setup (Experience) 6
Trustworthiness 2
User Experience 5
(Optional) Regulatory Compliance 2

  

Detailed Breakdown

  •   Account Conditions: The minimum deposit of $350 is relatively high compared to other brokers, which can deter new traders. Additionally, the lack of a demo account option limits the ability for potential clients to test the platform before committing funds.

  •   Tools and Resources: While Deme offers a proprietary platform, it lacks the advanced tools and resources that traders often seek in established brokers. The absence of educational content further diminishes its appeal.

  •   Customer Service and Support: Users have reported issues with customer service, citing slow response times and a lack of support in languages other than Chinese. This can be a significant drawback for international clients.

  •   Trading Setup (Experience): The proprietary platform is user-friendly, but its limitations compared to MT4/MT5 may hinder advanced traders. The trading experience is generally rated as average, with some users appreciating its simplicity.

  •   Trustworthiness: The lack of regulatory oversight raises significant concerns about the safety of funds and the overall integrity of the broker. Users have reported issues with fund withdrawals, leading to a low trust rating.

  •   User Experience: Overall user experiences are mixed. While some appreciate the ease of use of the platform, others express frustration over withdrawal issues and lack of transparency in fees.

  •   In conclusion, Deme faces several challenges that may deter potential traders, particularly regarding regulatory compliance and customer service. As always, prospective clients should conduct thorough research and consider their options carefully before investing.

DEME review