PT Deu Calion Futures-Some Important Details about This Broker

Overview of PT Deu Calion Futures (DCFX)

PT Deu Calion Futures (DCFX), founded in 2004 and based in Indonesia, provides an online trading platform catering to traders' needs with diverse financial instruments. Offering standard, zero, and demo account options, traders can access forex, metals, stock indices, share CFDs through the user-friendly DCFX Mobile and MetaTrader (MT4) platforms. Despite its flexibility and accessibility, it's essential to exercise caution when trading on DCFX, as it operates without regulatory oversight, potentially exposing traders to risks associated with unregulated trading environments.

Is PT Deu Calion Futures (DCFX) Legit?

PT Deu Calion Futures (DCFX) is not regulated. It's crucial to highlight that DCFX operates without valid regulation, indicating a lack of oversight from established financial regulatory bodies. Traders must proceed with caution and understand the inherent risks when contemplating trading with an unregulated broker.

Pros and Cons

Trading Instruments

DCFX offers a diverse array of trading instruments across four categories:

1. Forex: Traders can access approximately 25 foreign currency pairs, providing ample opportunities for forex trading.
2. Precious Metals: DCFX offers trading in gold and silver, allowing traders to engage in precious metals trading alongside forex.
3. Share CFDs: The platform includes American share CFDs, enabling traders to speculate on the performance of various American stocks without owning the underlying assets.
4. Stock Indices: DCFX provides access to American stock indices, allowing traders to invest in the broader performance of the American stock market.

Account Types

DCFX offers three distinct account types to accommodate various trading preferences and strategies:

1. Standard Account: The Standard Account is designed for traders who prefer stability in spreads, even during busy forex market conditions. Traders can set their desired spread, ensuring consistency in trading costs. The minimum deposit requirement for the Standard Account is $200. This account type allows traders to engage in trading forex, metals, stock indices, and share CFDs.
2. Zero Account: The Zero Account is tailored for traders seeking low-cost trading options. With a minimum deposit requirement of $5000, this account type offers competitive pricing and minimal trading costs. Traders can access forex, metals, stock indices, and share CFDs through the Zero Account.
3. Demo Account: DCFX also provides a Demo Account, allowing traders to practice and familiarize themselves with the platform and its features without risking real capital.

Leverage

Both the Standard Account and the Zero Account at DCFX offer traders a leverage of up to 1:100.

Spreads and Commissions

In the Standard Account, traders encounter spreads starting from $1 per Lot for Forex, Metals, and Stock Indices, with Forex spreads beginning at 1.2 pips. For Share CFDs, commissions start from 0.40% per Lot. Conversely, the Zero Account presents traders with spreads starting from 0 pips on all asset types. However, Forex and Metals trades in this account incur commissions starting at $7 per Lot, while Stock Indices trades involve commissions starting from $1 per Lot. Share CFDs under the Zero Account also come with commissions starting from 0.40% per Lot.

Trading Platforms

DCFX provides traders with two trading platforms: DCFX Mobile and MetaTrader 4 (MT4).

DCFX Mobile is a user-friendly and intuitive mobile trading platform that enables traders to access the financial markets anytime and anywhere.

Designed for trading and analyzing financial markets, MT4 is particularly tailored for Forex and CFD trading.

Deposit & Withdrawal

Customers can utilize local banks, including BCA, Bank Panin, and others, to conduct transactions swiftly and securely. These payment methods are available 24/7, providing flexibility and accessibility to traders around the clock.

Customer Support

The primary contact method for DCFX is through email at support@dcfx.co.id. Additionally, DCFX's customer service team operates from Monday to Friday, ensuring that traders have access to assistance during regular business hours.

FAQs

Is DCFX regulated?

No, DCFX operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

What trading instruments are available on DCFX?

DCFX offers a range of trading instruments, including forex, metals, stock indices, share CFDs.

What account types does DCFX offer?

DCFX provides various account types, including standard account, zero account, and demo account, catering to different trading preferences and experience levels.

How can I contact DCFX's customer support?

You can reach DCFX's customer support primarily through email at support@dcfx.co.id.