DIF Broker is a Europe-based online trading broker that was launched in 1999. It offers over 35,000 trading instruments across multiple asset classes, such as stocks, forex, bonds, indices, futures, options, ETFs, and CFDs, through its in-house developed DIF Freedom trading platform.
The broker is fully regulated in Portugal and Spain, and it has bagged several industry awards including the Best Online Broker Western Europe 2017 and the Best Multi-Asset Provider Latin America 2017, from the Global Banking & Finance Review Awards.
DIF Broker Review Introduction
In this DIF Broker 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 DIF Broker.
DIF Broker Platforms & Tools
DIF Broker provides clients with their in-house developed multi-asset Freedom platform; it allows traders to gain fast and reliable access to the financial markets and trade over 35,000 instruments from any PC, Mac, Tablet, or Smartphone. The platform has an intuitive interface and allows traders to track and view specific price lists, assets, or stock exchanges. It also provides access to financial news, relevant market data, and economic news to make informed investment decisions.
The platform is available in two versions: the web version and the downloadable version. The web version can run directly on any modern web browser, such as Safari, Firefox, Edge, and Chrome, so you can trade seamlessly on desktop, laptop, tablet, or mobile, with your settings and preferences automatically synced between devices. On the other hand, the downloadable version of the platform requires installation on your devices. Thus, you can distribute and chart analysis across multiple monitors on your computer.
The broker provides clients with a range of investing tools, which enables traders to achieve their different investing goals. They include: ‘Invest with an Advisor’, ‘Invest with a Portfolio Manager’, and ‘Invest with DIF Protect’.
DIF Broker Research & Education
The broker does not offer their clients any educational resources at the moment.
DIF Broker Trading Accounts
DIF broker offers different investing services. You can choose from the Investing account options:
- Brokerage Account
- Advisory Account
- Portfolio Management Account
For the Brokerage Account, The broker offers three account options, namely:
- Individual Account: This is for one individual owner.
- Joint Account: This is the account with two individuals as the joint owners. Each owner has the power to operate the account without requiring authorization from the other as they both go through the digital form filling/signing independently.
- Corporate Account: It is an account for a corporation or company.
There is also the demo trading account which allows clients to practice their strategies and test the broker’s platform in a risk-free environment.
DIF Broker Account Funding
The broker accepts limited account funding and withdrawal methods. For account funding, the broker accepts cash deposits, wire transfer, or transfer of securities, while withdrawals can only be processed via wire transfer, which takes some working days to be cleared. They only accept wire transfers or securities in the client’s own name. Wire transfers or securities from third parties will be rejected.
DIF Broker Customer Service
The broker offers clients a dedicated customer service team that is readily available to answer clients’ general, account-based, and technical questions. They are available during working hours (09:00 am to 06:00 pm local time), and they can be reached via email, telephone, and call-back form.
DIF Broker Regulation
DIF Broker is the brokerage name of DIF BROKER SOCIEDAD FINANCIERA DE CORRETAGEM S.A, which is authorized to provide investment services and other related auxiliary services by the Comissao do Mercado de Valores Mobiliaros (CMVM) in Portugal and Comision Nacional del Mercado de Valores (CNMV) in Spain.
With MiFID II passport, DIF Broker is registered with the relevant regulators in the following countries:
- Bulgaria, FSC: 19333/DPR/2012/11067
- Germany, BaFIN: ID: 12052
- Italy, CONSOB No: 3663
- Netherlands, AFM: 325663
- Poland, KNF
- Portugal, CMVM:276
- Romania, FSC
- France, Bank France CIB:72000
- Spain, CNMV: Registration number: 36
- UK, FCA:434573
There is also a DIF Broker branch in Uruguay, which is regulated by the Central Bank of Uruguay 2005/2015.
DIF Broker Review Summary
DIF Broker is a Europe-based brokerage that aspires to be different from others. They are fully regulated in multiple jurisdictions and offer online trading and investing services to a global clientele. They provide their clients with their in-house multi-asset trading platform and a wide range of instruments for trading online.
It is worth mentioning that some of the trading products and services in this DIF Broker 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 DIF 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.