DBG MARKETS

Mansuber007

1-2 years

What is the spread of DBG Markets?

WikiFX Reply

DBG Markets offers spreads that start from 0 pips, which is an attractive feature for traders looking to minimize transaction costs. However, spreads can vary depending on market conditions and the account type selected. For example, the ECN account offers raw spreads starting from 0 pips but charges a $5 commission per lot, which may be ideal for traders looking for tighter spreads. As I look through DBG Markets review, I see that while the spread is competitive, the $5 commission may offset some of the benefits for active traders. The key is to understand the spread and commission structure of each account type to determine the most cost-effective option for my trading strategy.

Broker Issues

DBG MARKETS

Fees and Spreads

06-18

United States

Phoebe Yao

1-2 years

Can I know the details about DBG Markets fees?

WikiFX Reply

DBG Markets charges relatively low fees for deposits and withdrawals, which is one of its advantages. There are no deposit fees, and withdrawal fees are also non-existent. However, DBG Markets does charge a commission of $5 per lot for certain account types, which could add up if you're a high-volume trader. The spreads are variable, starting from 0 pips, but they may widen depending on market conditions and the account type selected. From my perspective, DBG Markets review shows that while the fees are competitive, the commission per lot on some accounts could be a concern for active traders. Additionally, the lack of full transparency regarding the spreads for different asset classes leaves me with a few unanswered questions about the total cost of trading on the platform.

Broker Issues

DBG MARKETS

Fees and Spreads

05-22

United States

Wahab

1-2 years

Is DBG Markets a legit broker?

WikiFX Reply

DBG Markets may appear legitimate due to its offering of a wide range of assets and its operational years, but its unregulated status makes it less trustworthy. The firm offers access to hundreds of financial instruments and tools, but the absence of a financial regulator like the FCA, ASIC, or CySEC makes it impossible to verify whether the company adheres to proper operational standards. From a personal perspective, when I read any DBG Markets review, the lack of regulation is a red flag. Although they offer popular trading platforms like MT4 and MT5, I wouldn’t feel comfortable logging into my DBG Markets login without knowing that my funds are protected by a regulatory body. Regulated brokers offer more assurance of safety and transparency, and without that, I would hesitate to engage fully.

Broker Issues

DBG MARKETS

Regulation

03-26

United States

Vladimir

1-2 years

What are the cons of trading with DBG Markets?

WikiFX Reply

The most significant con of trading with DBG Markets is the absence of regulatory oversight, which raises concerns about safety and transparency. Unregulated brokers can engage in practices that could potentially harm clients, such as mismanaging funds or offering unfair trading conditions. Another drawback is that DBG Markets only offers CFDs, which means that traders do not own the underlying assets they are trading. This can limit certain strategies, such as long-term investments in physical stocks or commodities. Moreover, DBG Markets does not offer options or bonds for trading, limiting the diversification potential for investors. While DBG Markets review highlights some appealing aspects, such as low spreads and a variety of platforms, the lack of regulation and asset limitations make me cautious about fully committing to this broker.

Broker Issues

DBG MARKETS

Regulation

03-25

United States