DG Trust Limited is a CFD broker with its official website domain registered on June 13, 2024. The broker primarily provides investment services in trading markets such as forex, digital currencies, precious metals, commodities, and funds for retail and institutional clients. It does not offer services to countries and regions where it might violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to publicly available information on DG Trust Limited's official website (www.dgtrustltd.com), the services offered by the broker are regulated by financial regulatory authorities under U.S. jurisdiction. However, its terms of service page states, "Any litigation arising from these website terms should be brought in the courts located in New Zealand, and can only be brought in the courts of New Zealand." Clicking on the "Legal" link at the bottom of the broker’s website redirects to the New Zealand Companies Register, where a company registered as "DG TRUST LIMITED" with registration number 3291508 is displayed.
Upon investigation, no registration information for a company named "DG Trust Limited" was found with U.S. financial regulatory bodies such as the National Futures Association (NFA) or the Financial Industry Regulatory Authority (FINRA). Additionally, no registration information was found on the New Zealand Financial Service Providers Register for "DG TRUST LIMITED."
Therefore, DG Trust Limited (www.dgtrustltd.com) is essentially an unregulated scam broker website.
Account Opening Process
The account opening process for DG Trust Limited trading accounts involves visiting the broker’s website, clicking on the “REGISTER NOW” button on the homepage or the “Join Now” button in the top right corner to access the account registration page, filling in personal information such as name, email, and setting a login password as required, and then submitting it. Upon verification, the account can be successfully registered.
Investment Plans
DG Trust Limited offers users three investment plans: Silver Plan, Gold Plan, and Platinum Plan.
Silver Plan:
- Trading cycle: 5 days
- Minimum deposit: $250
- Maximum deposit: $9,999
- Referral bonus: 10%
- Enhanced security
- Dedicated 24/7 support service
- Daily return rate: 0.5%
Gold Plan:
- Trading cycle: 7 days
- Minimum deposit: $10,000
- Maximum deposit: $29,999
- Referral bonus: 10%
- Enhanced security
- Dedicated 24/7 support service
- Daily return rate: 1%
Platinum Plan:
- Trading cycle: 10 days
- Minimum deposit: $30,000
- Maximum deposit: No limit
- Referral bonus: 10%
- Enhanced security
- Dedicated 24/7 support service
- Daily return rate: 1.5%
Trading Platform
DG Trust Limited offers users a self-developed trading platform, but it does not provide detailed information about it and is limited to the web version only.
Deposits and Withdrawals
DG Trust Limited supports deposits and withdrawals through cryptocurrency, with a minimum deposit amount of $100 worth of Bitcoin or other acceptable cryptocurrencies, and a minimum withdrawal amount of $10 worth of Bitcoin or other acceptable cryptocurrencies.
Summary:
Traderknows reminds investors that DG Trust Limited is a fraudulent broker luring investors with promises of high returns, but in reality, it lacks any regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
