Diversify Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-06 18:10

Abstract：Diversify offers two different account types and multiple trading assets for users to meet various needs. They also operate with the MT5 platform, ensuring safety and security. However, Diversify does not have a license and works without any supervision, in addition to the fact that the official site is unavailable. This might place investors at a higher risk due to this lack of rules with little visibility to them.

Overview of Diversity

　　Diversify offers two different account types and multiple trading assets for users to meet various needs. They also operate with the MT5 platform, ensuring safety and security. However, Diversify does not have a license and works without any supervision, in addition to the fact that the official site is unavailable. This might place investors at a higher risk due to this lack of rules with little visibility to them.

Pros and Cons

Pros	Cons
• Offers two different account types	• Operates without regulatory oversight, potentially exposing traders to risks
• Offers multiple trading assets	• The official website is unavailable currently

Is Diversify Legit？

　　Diversify seems to operate without any regulatory oversight in Saint Vincent and the Grenadines.

What Can I Trade on Diversify？

　　Diversify offers many different trading instruments including forex, indices, materials primas, and stocks.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Stocks	✔
Futures	❌
Maturities	❌

Account Type

　　Diversify offers two types of accounts: Cuenta DL (DL Account) and Cuenta Estándar (Standard Account):

Feature	Cuenta DL (DL Account)	Cuenta Estándar (Standard Account)
Spread Type	DL spread	Standard spread
EUR/USD Spread	0.0 pips	from 1.0 pip
Commission	$0.00 per lot	$50.00 per lot
Max Leverage	1:100	1:500
Allows	EAs, scalping, hedging	EAs, scalping, hedging
Monthly Fee	$99.99 USD	N/A
Minimum Deposit	N/A	$200 USD

Trading Platform

Trading Platform	Supported	Suitable for what types of traders
MT5 Windows	✔	Experienced traders, scalpers, swing traders, hedge fund managers
MT5 Mobile	✔	Traders on the go, scalpers, swing traders

Customer Service

　　You can reach out to Diversify by email at accounts@diversifyexchange.com.

Contact Options	Details
Email	accounts@diversifyexchange.com.

The Bottom Line

　　Diversify offers a variety of asset types for different trading needs. Also, they use MT5 to ensure security. However, lacking regulatory oversight is the biggest concern. Due to this and the limited information on their website, Diversify seems best suited for experienced traders who can conduct their own thorough research.

FAQs

　　Is Diversify safe？

　　Diversify operates without regulatory oversight, raising safety concerns. It's best to proceed with caution.

　　Is Diversify good for beginners？

　　No. Due to the lack of regulation and potential risks, Diversify is not suitable for beginners. Beginners should prioritize platforms with regulatory oversight and educational resources.

　　Is Diversify good for day trading？

　　The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading.