Digitalcashflowtrade is a contract-for-difference (CFD) broker with a domain registered on January 13, 2024. It primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. The broker does not serve countries or regions where its operations would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information from Digitalcashflowtrade's official website, the broker was established in 2016 and claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose its company registration details or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not have a record of a regulated company named “Digitalcashflowtrade.”
Therefore, Digitalcashflowtrade is essentially a fraudulent broker with no actual company entity or regulatory oversight.
Account Opening Process
The account opening process with Digitalcashflowtrade involves visiting the broker's official website, clicking on "Open Account" or "SIGN UP" at the top right of the page to access the registration form. Fill in personal information such as name and email, set a login password, and submit. After verification, the account can be successfully registered.
Trading Instruments
Digitalcashflowtrade offers a variety of trading products including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, enabling traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks. Exploring popular indices can reveal diverse trading opportunities and leverage can enhance potential returns.
- Commodities: Commodity trading covers key resources in the global market, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations of publicly listed companies, earning from price changes and dividends based on the company's performance, without actually holding the shares.
- Cryptocurrencies: Cryptocurrency trading provides opportunities for enthusiasts to profit from these highly volatile digital assets.
Investment Plans
The Digitalcashflowtrade website does not disclose information about account types, spreads, trading leverage, margin/stop-out levels, trading commissions, minimum/maximum trade volumes, maximum position/order volumes, or minimum price accuracy.
Trading Platform
Digitalcashflowtrade claims to offer a proprietary trading platform, boasting an average order execution speed of less than 7.12 milliseconds, with over 12,000 orders executed per second due to comprehensive liquidity providers. However, clicking the download link provided redirects to the MT4 trading platform, where no broker named Digitalcashflowtrade is found.
Deposits and Withdrawals
Digitalcashflowtrade does not support deposits and withdrawals via credit card or bank wire. It only allows transactions through cryptocurrencies.
Conclusion
Traderknows reminds investors that Digitalcashflowtrade is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
