dinghuimarkets-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

dinghuimarkets, a trading name of DingHui International Limited, presents itself as a forex and CFD broker licensed by the US MSB, authorized and regulated by the National Futures Association of the United States (NFA) (License Number: 0544993) and the Financial Enforcement Bureau (FinCEN) (MSB registration number: 31000205048184).

The broker claims to provide its clients with over 100 investment products with flexible leverage of 1:1-1:400 on the advanced MetaTrader4 trading platform, as well as a choice of three different real account types and MAM & MultiTerminal management systems. Here is the home page of this brokers official site:

As for regulation, it has been verified that dinghuimarkets does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.48/10. Please be aware of the risk.

Trading Products

dinghuimarkets advertises that it provides investors with CFD trading of more than 100 investment products, covering forex currency pairs, precious metals, energy, stocks, indices, futures and cryptocurrencies.

Account Types

Apart from demo accounts, dinghuimarkets claims to offer three types of real trading accounts, namely Mini, Standard and VIP. However, the broker says nothing about the minimum initial deposit requirement.

Leverage

The flexible leverage ranging from 1:1 to 1:400 is offered by dinghuimarkets. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform Available

The platform available for trading at dinghuimarkets is the leading MetaTrader4, supported by desktop, iPhone and Android. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

dinghuimarkets says to accept deposits via USDT and wire transfer, and withdrawals with UnionPay and wire transfer. The minimum initial deposit requirement is said to be $100, while there is no mention of what the minimum withdrawal amount is. The broker states that it does not charge any additional fees or commissions for customers withdrawing funds.

As for the processing time of deposit and withdrawal requests, USDT deposits are instant, UnionPay withdrawals can arrive on the same day (working day), while the arrival time of wire transfer deposits and withdrawals depends on the banks processing time. Note that in the event of a statutory holiday, the time of withdrawal will be postponed according to the bank holiday.

Customer Support

dinghuimarkets‘ customer support can be reached by email: meiwork@dinghuitrader.com. You can also follow this broker on social media platforms such as Twitter, Facebook and Weibo. Company address: World Trade Plaza, 1 Austin Road West, Kowloon, Hong Kong. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

Risk Warning

Online trading involves a significant level of 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.