Launched in 2007, DBFX is an online trading broker that operates from Port Vila, Vanuatu. They provide traders with the right trading conditions for buying and selling multiple financial assets, including tight spreads, zero commission, STP/ECN execution, no dealing desk intervention, leverage of up to 1:200, and more. Clients are allowed to trade several financial assets, such as forex, commodities, stocks, indices, and CFDs. Trades are carried out on the MT4 trading platform, and the minimum deposit required to open a live trading account is $200. There is a selection of useful trading and learning tools available to aid traders.
DBFX Review Introduction
In this DBFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including DBFX.
DBFX Platforms & Tools
DBFX provides traders with the MetaTrader 4 platform, an intuitive trading platform that was developed in 2005 by MetaQuotes, for trading the offered instruments. The platform is suitable for traders of all experience levels as it has a user-friendly interface. MT4 offers chart-based trading and allows traders to update, modify, and optimize chart positions. It also supports trade automation via expert advisors. The broker makes the MT4 available as a desktop application for Windows and Mac computers, a WebTrader, and a mobile app that is designed for Android and iOS devices.
There is also the DBFX Sirix WebTrader that requires no downloads or installations to run on most modern web browsers and a mobile app that gives traders the ease of joining a social trading community.
Traders also benefit from various standalone trading tools that are designed to ensure a high-free trading process. Those tools include Trading Signals, trading Central, AutoChartist, and more.
DBFX Research & Education
There is a Trading Academy section on the broker’s website, which contains various educational resources, including eBooks, free training courses, trading articles, and news that keeps clients informed on the latest happenings in the financial markets.
DBFX Trading Accounts
The following trading account options are available at DBFX: Basic, Discovery, Silver, Gold, Premium, VIP, and VIP Plus Accounts. Traders are allowed to open the account type that is most suitable to them. The minimum deposit required to operate a live trading account is $200, and no commission is charged on trades. There is also a demo account that is available for practice purposes.
DBFX Account Funding
Clients can deposit and withdraw funds to and from their trading accounts via the following payment methods: bank wire transfer, credit/debit cards, and online payments.
DBFX Customer Service
The broker’s customer support is always on hand to respond swiftly to all clients’ inquiries via telephone, email, Live Chat, and social media.
DBFX is a brand name of DBFX LIMITED, a registered company that is authorised, and regulated company by Vanuatu Financial Services Commission with license 40133. DBFX is a subsidiary of Belight Capital Group, a Cyprus Investment Firm licensed and regulated by the Cyprus Securities and Exchange Commissions (CySEC) license 364/18.
DBFX Review Summary
DBFX is a retail trading broker that offers multiple financial instruments for trading via different flexible platforms. They provide traders with educational resources, and a client support team. There are multiple account options, with high leverage and low spreads from 0.0 pips. The broker is regulated by the VFSC and CySEC.
It is worth mentioning that some of the trading products and services in this DBFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the DBFX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.