Score

1.25 /10
Danger

Dero

Belize

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.02

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Dero · Company summary

Note: Dero's official website: https://dero.finance/is currently inaccessible normally.

Dero Information

Dero is an unregulated brokerage company registered in Belize. However, the lack of transparency about its service and platform makes it impossible to to explore further.

Is Dero Legit?

Dero currently does not hold any valid regulatory certificates. Although it is incorporated in Belize, it lacks regulation from any recognized financial authority. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.

Is Dero Legit?

Downsides of Dero

  • Unavailable Website

Dero's official website is currently inaccessible. It's anyone's guess whether it's still up and running.

  • Lack of Transparency

There is a notable lack of information about Dero available online. This lack of transparency can really dampen investors' enthusiasm.

  • Regulatory Concerns

Dero is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.

Conclusion

All brokerages aren't created equally. Most excellent brokerages not only give you more investment choices, but also present you more routes to achieve your goals. Dero is not a trusted broker because it is not regulated by a financial authority with strict standards. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.

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