Dillon Gage Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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I went to the platform and deposit. I transferred my money ($1000), and they never verified my account to do the operations. In general, they ignored me, and then sent me an advance where everything was seen, and my money was lost.
Dillon Gage has established itself as a significant player in the precious metals market since its inception in 1976. This review synthesizes various sources to provide a comprehensive overview of the broker, highlighting both positive attributes and potential drawbacks. Key features include its extensive experience in the industry and the innovative trading platform, Fiz Trade, which offers real-time trading capabilities.
Note: It's important to recognize that Dillon Gage operates across different jurisdictions, which may impact regulatory oversight and user experience. This review aims for fairness and accuracy in presenting the broker's offerings and reputation.
| Category | Score (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 7 |
| Customer Service and Support | 5 |
| Trading Experience | 7 |
| Trustworthiness | 6 |
| User Experience | 5 |
How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert opinions, and factual data drawn from various sources.
Founded in 1976, Dillon Gage is headquartered in Addison, Texas, and has grown to become a prominent name in the precious metals industry. The firm specializes in the wholesale trading of precious metals, including gold, silver, platinum, and palladium. It provides a variety of services, such as precious metals refining and secure storage solutions through its subsidiary, International Depository Services. Notably, Dillon Gage does not offer traditional trading platforms like MT4 or MT5, but instead utilizes its proprietary platform, Fiz Trade, for trading activities.
Regulatory Regions: Dillon Gage operates primarily in the United States and has no valid regulatory information listed, which raises concerns about its oversight. According to various sources, including WikiFX, the broker has been flagged for lacking regulation, which is a significant factor for potential investors to consider.
Deposit/Withdrawal Currencies: While specific details regarding supported currencies are sparse, it is known that Dillon Gage accepts payments via bank wire transfers, ACH payments, and personal checks. There is no mention of cryptocurrency support, which may limit options for some investors.
Minimum Deposit: The minimum deposit requirement is notably high at $10,000, which may deter smaller investors or those new to precious metals trading. This high threshold can be a barrier for many potential clients looking to start with lower capital.
Bonuses/Promotions: There are currently no known bonuses or promotions available from Dillon Gage, which is consistent with its focus on institutional and wholesale clients rather than retail investors.
Asset Classes: Dillon Gage primarily offers trading in precious metals, including gold, silver, platinum, and palladium. However, it does not provide access to other asset classes like stocks, forex, or cryptocurrencies, which limits diversification for investors.
Costs: The fee structure is not explicitly detailed; however, it is noted that orders below certain minimums are subject to shipping fees. Additionally, transaction fees may apply, which could impact overall profitability for traders.
Leverage: The review results do not indicate any specific leverage options available to clients, which is typical for precious metals trading firms that focus on physical asset transactions.
Allowed Trading Platforms: As mentioned, Dillon Gage utilizes its proprietary platform, Fiz Trade, which is designed for experienced traders. This platform provides real-time trading capabilities but lacks the familiarity of popular platforms like MT4 or MT5.
Restricted Regions: There is no specific information regarding restricted regions, but potential clients should verify their local regulations concerning precious metals trading.
Available Customer Support Languages: Dillon Gage primarily operates in English, which may limit accessibility for non-English speaking clients.
| Category | Score (out of 10) |
|---|---|
| Account Conditions | 6 |
| Tools and Resources | 7 |
| Customer Service and Support | 5 |
| Trading Experience | 7 |
| Trustworthiness | 6 |
| User Experience | 5 |
Account Conditions: With a minimum deposit of $10,000, Dillon Gage caters more to institutional clients than individual investors. This high barrier can limit access for many potential users. According to multiple reviews, this condition may not be favorable for those just starting in precious metals.
Tools and Resources: The Fiz Trade platform is a significant asset, providing real-time trading capabilities and business management tools. However, the lack of traditional platforms like MT4 or MT5 could be a drawback for users familiar with those systems.
Customer Service and Support: Customer reviews indicate mixed experiences with Dillon Gage's customer service. While some users appreciate the knowledgeable staff, others report challenges in getting timely responses. This inconsistency can affect the overall user experience.
Trading Experience: The use of the Fiz Trade platform allows for a streamlined trading experience, but the high minimum deposit and lack of diversification options may deter some users. The feedback suggests that while the platform is functional, it may not meet the needs of all investors.
Trustworthiness: Despite being in business for over 40 years, Dillon Gage's lack of regulatory oversight raises concerns about its trustworthiness. Reviews from sources like WikiFX highlight the absence of valid regulatory information, which is a crucial factor for potential investors.
User Experience: Overall user experience appears to be average, with many clients appreciating the range of products but expressing concerns about customer service and high minimum deposit requirements. This feedback indicates that while Dillon Gage has a solid foundation, there are areas for improvement.
In conclusion, the Dillon Gage review presents a mixed picture of the broker. While it has a long-standing reputation in the precious metals industry and offers a proprietary trading platform, potential investors should carefully consider the high minimum deposit, lack of regulatory oversight, and mixed customer service experiences before making a decision.
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