DIFX is a forex and contract for difference (CFD) broker established in Croatia in 2021, with its headquarters in Zagreb. It primarily offers CFD trading services for forex, stocks, indices, and more. The broker's official website is https://digitalfinancialexchange.com/, and it supports English and Russian languages. DIFX does not provide its services to jurisdictions under legal restrictions.
Company Background:
DIFX's corporate entity is DIFX Limited, and publicly available information indicates its establishment in Croatia in September 2021. However, there is no information available about this company in the Croatian court registry.
According to Whois data, the official website domain of DIFX was registered on July 3,2023, which is less than six months ago.
Regulatory Information:
DIFX operates without oversight from any regulatory authority, potentially lacking the same level of financial security, investor protection, and risk management as regulated brokers. The services offered by this broker carry higher risks.
Trading Products:
DIFX provides various financial instruments for trading, including:
Forex: It offers opportunities to trade various currency pairs in the forex market. Forex CFDs allow investors to speculate on the price movements of one currency against another. Examples of available currency pairs include EUR/USD, GBP/USD, and USD/JPY.
Stocks: Traders can engage in CFD trading of stocks from different companies, including well-known ones like Apple, Microsoft, and Amazon. This allows investors to participate in the market without owning the actual stocks.
Indices: Index CFDs enable investors to trade based on the price performance of market indices without having to buy or sell the actual index component stocks or assets.
These products not only offer investors access to various financial markets but also allow them to manage risk through diverse portfolios.
Trading Platform:
DIFX provides the Metatrader 5 (MT5) trading platform to investors. MT5 is widely recognized and popular in the financial industry for its advanced trading features and various analytical tools. Through MT5, investors can access real-time market data and utilize a range of technical indicators and charting capabilities to analyze market trends.
Account Registration:
DIFX's official website offers a link for real account registration, with the following steps:
Open the DIFX official website and click on "Register" in the top right corner.
Fill in the required information (such as email, password, etc.) following the provided steps to complete the account registration.
Account Types:
DIFX has not disclosed information regarding its account types, commissions, spreads, minimum deposits, leverage, etc.
Deposits and Withdrawals:
DIFX supports multiple deposit and withdrawal methods, such as VISA, MASTERCARD, etc. Investors can choose the most suitable option based on their preferences.
Customer Support:
Investors can reach DIFX's customer service through social media channels like Facebook, LinkedIn, Twitter, and via email. Since the broker does not specify its customer service hours, responses may not be immediate, potentially affecting the user experience.
Summary:
DIFX offers users trading opportunities in various financial products. However, the broker has not disclosed information about account types, commissions, spreads, minimum deposits, leverage, and operates without regulatory oversight. Currently, the broker is marked as "unregulated" on TraderKnows. Users should exercise caution when considering the services provided by this company, prioritize their financial security, and avoid falling into potential fraudulent schemes.
