Is DBG MARKETS safe and legit? Full review
DBG MARKETS is a broker regulated by Australia's ASIC, the United Kingdom's FCA, and South Africa's FSCA, established in 2016. It holds an overall B rating for its trading environment, with outstanding performance (AAA rating) in speed and AA in cost, though it scores C for disconnection. It offers three account types—STD, ECN, and VIP—with a maximum leverage of up to 1:500, and all accounts support hedging, scalping, and EA trading. The trading platform supports full license MT4/MT5, and the software experience is rated as Perfect, though it lacks biometric login. Customer service is available in English, but response times may be lengthy. Its influence rating is Class C, and it is mainly distributed in Chile, the United States, and Vietnam.
Regulatory Compliance and Security
DBG MARKETS is subject to regulation by three authorities, all of which are fully regulated (States: 600), with a safety level of Level 1.
Account Type
DBG MARKETS offers 3 types of accounts:
All accounts support lock-up positions, scalping and EA trading.
Trading Environment
DBG MARKETS has a trading environment rating of B, with the specific breakdown indicators as follows:
Speed Details:
- Fastest speed: 3.0 ms (opening 3.0 / closing 3.0)
- Slowest speed: 1905.0 ms (opening 748.0 / closing 1905.0)
Cost Details:
- Gold (XAU): Average Cost 13.2 USD/Lot
- Crude Oil (WH): Average Cost 0.0 USD/Lot
Swap Details:
- Crude Oil Long: -7.27 USD/Lot / Short: 1.8 USD/Lot
- Gold Long: -62.76 USD/Lot / Short: 34.85 USD/Lot
Test Data: 1108 users participated in the test, with a total of 3,559 transactions and occupied margin of $1,892,392 USD. It ranks 82nd among 109 brokers in the comprehensive ranking.
Trading software
DBG MARKETS supports the MT4 and MT5 platforms (both with Full License), and the software experience is rated as Perfect. Mobile applications for iOS, Android, Windows, macOS, Web, and other platforms are not supported.
MT4/5 Server Distribution:
- MT4 Servers: DBGMarkets-Live (Japan/China Hong Kong/China), DBGMarkets-Live2 (Japan/China Hong Kong/China), DBGMarkets-Live3 (Singapore/India), DBGMarketsUK-Live (Japan/China Hong Kong/China), DBGMarketsUK-Live2 (Japan/China Hong Kong/China), DBGMarketsUK-Live3 (Singapore/India), DBGMarketsZA-Live (Japan/China Hong Kong/China), DBGMarketsZA-Live2 (Japan/China Hong Kong/China), DBGMarketsZA-Live3 (Singapore/India)
- MT5 Servers: DBGMarkets-Live (Japan/Singapore/China Hong Kong), DBGMarketsZA-Live (Japan)
Customer Service
DBG MARKETS's customer service supports 2 languages and covers 1 service region. You can contact them via phone or email for answers to most inquiries; however, please note that response times may be lengthy.
⚠️ Note: Most users can receive a response, but the waiting time is relatively long.
Influence
DBG MARKETS has an influence rating of C, with its influence mainly distributed in Chile, the United States, and Vietnam, and an average influence index of 4.96.