DIRECT TT is a CFD broker based in the United Kingdom, primarily offering trading services in forex, energy, indices, precious metals, and more. The company has offices in various locations, including Lithuania, Saudi Arabia, the United Arab Emirates, Kuwait, Colombia, Turkey, Bahrain, Lebanon, and Vanuatu, where they conduct their business. Their official websites are https://www.globaldtt.com and https://www.dttmarkets.com/, and these websites support multiple languages, including English, Arabic, Spanish, and Portuguese.
Company Background:
DIRECT TT operates under the entity name DIRECT TRADING TECHNOLOGIES LTD. According to information on their official website, the company has branches in multiple countries globally, with detailed addresses and contact information listed for each branch. The broker operates under two domain names, with globaldtt.com registered on May 2, 2017, and dttmarkets.com registered on July 29, 2011.
Regulatory Information:
The company's official website states that it is regulated by multiple regulatory authorities. Direct Trading Technologies UK Ltd is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, with FCA registration number 795892. A search on the FCA's website reveals suspicions of this broker applying DirectEnergy Limited's license. Direct Trading Technologies Ltd is regulated by the Vanuatu Financial Services Commission (VFSC) and falls under offshore regulation.
Account Types:
DIRECT TT offers users two main types of real accounts: FX/CFD Real Accounts and Exchange Traded Stocks. Additionally, they provide a simulation account for novice investors. FX/CFD Real Accounts: These accounts come in four types: Mini, Standard, VIP, and ECN. Exchange Traded Stocks: These accounts are available in three types: Standard, VIP, and Platinum.
Market Instruments:
Forex: The forex market is one of the largest and most liquid financial markets globally, involving the buying and selling of currencies from different countries and regions.
Energy: Energy CFDs are financial instruments that include commodities like oil, natural gas, gold, silver, and other major commodities.
Indices: Indices are used to measure the performance of specific markets, industries, asset classes, or other baskets of assets.
Precious Metals: Precious metals CFDs are derivatives in the financial market, where investors profit based on the price movements of precious metals without the need for physical things.
Trading Platforms:
The broker offers MT4 and MT5 online trading platforms, both available for PC and mobile devices (Android and iPhone). Additionally, they provide other trading platforms like DTTPRO, DTTShares, DTTcoins, and Smart Social Trading.
Summary:
Although DIRECT TT claims to be regulated by the Financial Conduct Authority (FCA) in the United Kingdom, there are suspicions of regulatory misrepresentation. They are also regulated by the Vanuatu Financial Services Commission (VFSC) under offshore regulation. Currently, DIRECT TT is labeled as "suspected fraud" on TraderKnows, and it is advised that investors should stay away from this platform to protect their personal financial security.
