Dream4X Spreads, leverage, minimum deposit Revealed

WikiFX | 2022-09-14 18:48

Abstract：The key information we have learned is that Dream4X is purportedly based in the UK, where it makes sense that it would also be active. This is a significant claim, so we had to do some research because we've learned from past mistakes not to believe dubious brokers.

　　GENERAL INFORMATION

　　The key information we have learned is that Dream4X is purportedly based in the UK, where it makes sense that it would also be active. This is a significant claim, so we had to do some research because we've learned from past mistakes not to believe dubious brokers.

　　Even though Dream4X may be based in the UK, more research online reveals that it is not authorized there. The latter is unimportant. A broker operating in the UK without a license is utterly prohibited.

　　On the website, we can locate no more relevant data that would support a license. Thus, we can easily confirm our preliminary suspicions that Dream4X is UNLICENSED, and therefore a risk to all!

　　Unsurprisingly, Dream4X lacks any legal documentation. Without legal documents, the broker is free to act however it wants, and there is no turning back. The only solution is to avoid investing at all costs!

　　Furthermore, bonus incentive brokers are never to be trusted, especially since the majority of the major international FX authorities support bonus programs.

　　Overall, Dream4X has shown to be one of the worst brokers in a very long time!

　　Always look for brokers that are licensed by a legitimate regulator, such as the FCA, CySEC, or any broker that is situated in the United States. The major justification for this is that any money invested in unregistered brokerages will lose money; it is therefore preferable to put it in a regulated entity rather than hand it over to a con artist. To prevent brokers from manipulating them or making things work in their benefit, the majority of FX overseers apply rigorous standards to all of the businesses that fall under their purview. Some organizations even provide compensation plans that are applicable to each and every user of licensed brokers. When the brokers are unable to settle their client debts, these money are used. Up to €20,000 per individual is guaranteed by CySEC, while the FCA

　　DREAM4X TRADING SOFTWARE

　　And now we reach what is arguably the most unexpected of all findings: Dream4X provides a fully functional MT5.

　　However, because we had been unsuccessful in creating an account, we were unable to access it, even with a demo account (or the broker failed us). How this illegal broker was able to obtain the MT5 is still a mystery.

　　Even though it's the best platform available, the MT5 cannot save this disaster of a broker. Dream4X must complete a plethora of other tasks first.

　　ACCOUNT TYPES

　　DREAM4X offers the following account types to the general investors:

　　· ELITE ACCOUNT

　　· VIP ACCOUNT

　　· STANDARD ACCOUNT

　　DREAM4X DEPOSIT/WITHDRAW METHODS AND FEES

　　With the revelation that Dream4X has hardly provided any payment details, we must once again let our readers down. “Barely” is a terrible word choice, in actuality. In fact, we mean none! There is ZERO information available on any aspect of investing. How can you believe a broker who has no information regarding payments!

　　No information about minimum deposits, payment options, withdrawal costs, or anything else is available. Even less trust in Dream4X is something we did not anticipate, yet there it is.

　　This broker has repeatedly demonstrated that it is an impostor, leading us to label it a scam and a danger to all investments.

　　CONTACT DETAILS

　　Have any queries？ Their customer support team will get in touch with you shortly.

　　Contact them

　　Phone: +971 56 280 9938

　　Email: support@dream4x.com