dbg-markets.com is an online CFD trading platform launched in September 2024, under the brand name "DBG MARKETS". The platform provides CFD trading services in various assets such as forex, precious metals, crude oil, indices, and cryptocurrencies but will not offer services in regions where local laws and regulations are violated.
Overview of Platform Services
Trading Accounts
The trading accounts provided by the platform have spreads starting from 1 pip and support a trading leverage of 1:100 to 1:500. The margin call and stop-out levels are set at 100% and 50% respectively. However, the platform has not disclosed the minimum deposit requirements nor detailed any trading commission fees.
Trading Platform
dbg-markets.com offers the MT5 trading platform for users, supporting both desktop and mobile devices. The MT5 platform features advanced charting tools with over 50 technical indicators and offers intra-day analysis capabilities. However, the DBG MARKETS official website found on the MT5 platform is www.dbgmfx.com, not dbg-markets.com.
Trading Product Information
Forex
The platform offers trading in various forex currency pairs, including common pairs like EUR/USD, USD/CAD, GBP/USD, and USD/JPY.
Precious Metals
Investors can trade spot precious metals on the platform, such as gold (XAUUSD) and silver (XAGUSD).
Crude Oil
The platform supports CFD trading of US crude oil (USOIL).
Indices
The platform covers trading of major global indices, including the Nikkei 225 (N225), DAX (GER30), and S&P 500 (US500).
Cryptocurrencies
The platform also provides trading of cryptocurrency pairs, including major digital currencies like Bitcoin, Ethereum, and Ripple (BTC/USD, ETH/USD, XRP/USD).
Deposit and Withdrawal Methods
dbg-markets.com does not specify the supported deposit and withdrawal methods on its website, nor does it mention whether any additional fees are associated with transactions. The lack of transparency in this information might inconvenience users.
Contact Information and Social Media
dbg-markets.com does not provide official channels on major social media platforms like Facebook, Instagram, or Twitter. Users can only contact the platform through the online contact form or email available on the official website.
Company Background and Regulatory Information
Company Background
According to the information provided by dbg-markets.com, DBG MARKETS was established in 2002, headquartered in New York, with branches in the USA, Canada, and Sydney, Australia. The company claims to be strictly regulated, including by the UK FCA (Reg No: 504072), Australia ASIC (Reg No: 406684), Japan FSA (Reg No: 2010401081157), and the Central Bank of Ireland (CBI).
Regulatory Information
Upon verification, the regulatory information claimed by dbg-markets.com is identical to that of the well-known broker AVA Trade, and its brand name and logo are similar to that of broker DBG MARKETS. In reality, this website does not have a legitimate corporate entity and is not regulated by any financial authority.
Conclusion
dbg-markets.com is a newly established CFD trading platform as of 2024, but its claimed regulatory information, brand name, and logo appear to be copied from both AVA Trade and DBG MARKETS brokers.
Risk Warning: CFD trading carries high risk, with market volatility potentially leading to losses of principal. Leverage trading amplifies both risks and potential returns. It's advised that before engaging in trading, investors fully understand market fluctuations and the mechanics of CFD trading, assess their risk tolerance, and ensure they have sufficient experience to avoid blind investment.