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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index5.66
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | No regulation |
Market Instrument | cryptocurrency |
Account Type | Starter, Medium and Maximum |
Demo Account | N/A |
Maximum Leverage | N/A |
Spread | N/A |
Commission | N/A |
Trading Platform | N/A |
Minimum Deposit | N/A |
Deposit & Withdrawal Method | N/A |
Digitaldailyreturn is allegedly a crypto broker registered in the United Kingdom that claims to provide its clients with cryptocurrency trading via three different investment packages, as well as 24/7 customer support service. Here is the home page of this brokers official site:
As for regulation, it has been verified that Digitaldailyreturn currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.01/10. Please be aware of the risk.
Market Instruments
Digitaldailyreturn advertises that it mainly offers access to cryptocurrency trading.
Investment Packages
Digitaldailyreturn claims to offer three investment packages, namely Starter, Medium and Maximum, with minimum initial deposit requirements of $300, $500 and $1,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Bonuses
Digitaldailyreturn also claims to offer a referral bonus, which differs depending on the investment package. For example, a 10% referral bonus on the Starter, 30% on the Medium and 50% on the Maximum.
Customer Support
Digitaldailyreturn‘s customer support can be reached by email: support@digitaldailyreturn.com or send messages online to get in touch. Company address: 67 Hill Street, West Central, London, United Kingdom. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
Pros | Cons |
• Multiple investment packages to choose from | • No regulation |
• Lack of transparency | |
• High minimum deposit ($300) |
Frequently Asked Questions (FAQs)
Q 1: | Is Digitaldailyreturn regulated? |
A 1: | No. It has been verified that Digitaldailyreturn currently has no valid regulation. |
Q 2: | Is Digitaldailyreturn a good broker for beginners? |
A 2: | No. Digitaldailyreturn is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency and high initial deposit. |
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