Daily Financial Earners is a forex broker whose official website domain was registered on December 24, 2023. It primarily offers investors trading services in financial derivatives such as forex, stocks, indices, energy, metals, and ETF contracts for difference. The broker does not provide services in jurisdictions where it may violate local laws or regulations.
Registration Information and Regulatory Status:
Public information on the official website of Daily Financial Earners reveals that the broker has multiple corporate entities under its umbrella, regulated by several regulatory bodies. Among them, Daily Financial Earners Ltd is authorized and licensed by the Cyprus Securities and Exchange Commission (CySEC), with a license number of 1780019. Daily Financial Earners (registration number HRB11677B) is a designated agent registered with the Federal Financial Supervisory Authority (BaFin) in Germany under Ultra Booster Trade Ltd. Additionally, the broker was granted authorization as an investment dealer by the Financial Services Commission (FSC) of Mauritius on October 2, 2017, under regulation, with a license number C17554381. TVH Ltd is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with a license number SD0175.
According to verification of its public information on the official website, the Cyprus Securities and Exchange Commission (CySEC), the Federal Financial Supervisory Authority (BaFin), the Financial Services Commission (FSC), and the Financial Services Authority (FSA) have no regulatory registration information on this broker.
Opening an Account:
To open an account with Daily Financial Earners: visit the broker’s official website, click on “SIGN UP FOR FREE” on the homepage or “SIGN UP” at the top right corner of the webpage to enter the account registration page. Fill in personal information such as name, email address, and set a password for login before submitting. Once the application is submitted, the account is successfully registered.
Account Types:
Daily Financial Earners offers a demo trading account and four different types of trading accounts: STARTER, BASIC, PRO, EXECUTIVE. However, information related to spreads, trading leverage, margin levels for calls/stops, contract sizes, trading commissions, minimum/maximum trade volumes, maximum position/order size, and minimum price precision is not disclosed on its official website.
Trading Platform:
Daily Financial Earners provides users with a proprietary trading platform.
Deposits and Withdrawals:
Daily Financial Earners supports deposits and withdrawals through local banks, e-wallets, or cryptocurrencies.
Summary:
Traderknows reminds investors that Daily Financial Earners is a scam platform providing false regulatory information. The website design and content of this broker are identical to those of SwiftPay FX, MobileCrypto FX, Ocean View FX, Phemextrade, SplitNow Invest, and Crypto Max Returns. Traderknows advises investors to opt for brokers that are transparent, strongly regulated, and have a good reputation for their investment and trading activities to avoid unnecessary financial losses.
Currently, this broker is marked as "Suspected Fraud" on Traderknows.