Score

1.59 /10
Danger

DPS

Australia

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.61

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

DPS Wealth Management Ltd

Company Abbreviation

DPS

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-01-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
DPS · Company summary

Note: DPS's official website: http://www.dpsmarkets.com/ is normally inaccessible.

DPS Information

DPS is an unregulated brokerage company registered in Australia. While the broker's official website has been closed, so traders cannot obtain more security information.

Is DPS Legit?

DPS is authorized and regulated by the Australia Securities & Investment Commission(ASIC). The current status is Suspicious Clone, which will increase trading non-compliance and reduce traders investment security. Caution is advised when dealing with the company.

Is DPS Legit?
Is DPS Legit?

Downsides of DPS

  • Unavailable Website

DPS's website is inaccessible, raising concerns about its reliability and accessibility.

  • Lack of Transparency

Since DPS does not explain more transaction information, especially regarding fees and services, this will bring huge risks and reduce transaction security.

  • Regulatory Concerns

The ASIC regulates DPS. However, the xx status is less safe than a regulated one.

  • Withdrawal Difficulty

According to a report on WikiFX, a user encountered significant difficulties with fund withdrawals. The issue remained unresolved despite the request being pending for a long time.

Negative DPS Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders must review the information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative DPS Reviews on WikiFX

Currently, there is only one DPS exposure in total.

Exposure. Cannot withdraw

ClassificationUnable to Withdraw
Date2018-08-24
Post CountryHong Kong, China

You may visit: https://www.wikifx.com/en/comments/detail/208086416823169.html.

Conclusion

DPS Since the official website cannot be opened, traders cannot get more information about security services. In addition, the Suspicious Clone status indicates that the broker's trading risks are high. Traders can learn more about other brokers through WikiFX. Information improves transaction security.

User Reviews

More

User comment

3

Comments

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周建芳
more than one year
Este supuesto broker DPS no tiene oficina física en absoluto, ya que he visto que wikifx ha realizado una verificación de campo y su dirección en Australia no tiene personal ni oficina en absoluto. También he visto algunas malas críticas, no solo en el sitio de wikifx.
Este supuesto broker DPS no tiene oficina física en absoluto, ya que he visto que wikifx ha realizado una verificación de campo y su dirección en Australia no tiene personal ni oficina en absoluto. También he visto algunas malas críticas, no solo en el sitio de wikifx.
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2022-11-28 17:49
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菠萝
more than one year
Don't waste your time on them and don't believe anything they say. They are not legally supervised, their registered address does not exist, and even their website is inaccessible. All signs show that they have absconded.
Don't waste your time on them and don't believe anything they say. They are not legally supervised, their registered address does not exist, and even their website is inaccessible. All signs show that they have absconded.
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2022-11-27 13:10
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