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Score

1.34 /10
Danger

Duttfx Markets

Comoros

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.duttfxmarkets.net

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Score

Regulatory Index0.00

Business Index5.68

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Dutt FX Markets Ltd

Company Abbreviation

Duttfx Markets

Platform registered country and region

Comoros

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Company summary

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Warning: Low score, please stay away!
Previous Detection : 2025-01-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Duttfx Markets · Company summary
Duttfx MarketsReview Summary
Founded2020
Registered Country/RegionComoros
RegulationNo regulation
Market InstrumentsForex, Commodities, Cryptocurrencies, Stocks
Demo Account❌
LeverageUp to 1:500
SpreadFrom 1.4 (STANDARD ACCOUNT)
Trading PlatformMT5
Min Deposit$1000
Customer SupportEmail: support@duttfxmarkets.net
Social Media: Facebook, Instagram, Linkedin
Physical Address: Bonovo Road - Fomboni, Island of Moheli, Comoros Union.

Duttfx Markets Information

Duttfx Markets, a brokerage incorporated on Comoros in 2020. It offers products including forex, commodities, cryptocurrencies and stocks. There are also 3 types of accounts that can be traded through MT5. Currently, the broker is not regulated.

Duttfx Markets Information

Pros and Cons

ProsCons
The number of tradable instruments is largeNo regulation
MT5 is availableMinimum deposit is as high as $1000
Support commission-free tradingDemo accounts are not available

Is Duttfx Markets Legit?

Duttfx Markets registered its official website in 2020. It is currently unregulated.

Is Duttfx Markets Legit?
Is Duttfx Markets Legit?

What Can I Trade on Duttfx Markets?

With Duttfx Markets, you can trade 4 asset classes in major markets: 200 currency pairs, including large, small and cross currencies. 25 cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dash and Ripple.

There are also UK, US and European markets that hold more than 65 popular stocks, including Amazon and Boeing. The 20 commodities include metals (gold, silver, copper) and energy (crude oil, natural gas).

Tradable InstrumentsSupported
Forex✔
Commodities✔
Cryptocurrencies✔
Stocks✔
Indices❌
Bonds❌
ETF❌
What Can I Trade on Duttfx Markets?

Account Types

Duttfx Markets has 3 types of accounts: STANDARD ACCOUNT, ELITE ACCOUNT and PRO PLAN.

Among them, the minimum deposit requirement is $1000, and the maximum leverage is 1:500.

Account TypesSTANDARD ACCOUNTELITE ACCOUNTPRO PLAN
Min Deposit1000$15000$50000$
SpreadFrom 1.4From 0.9From ALS 0.2
CommissionNoNoUSD 60 per 1 Mill USD
Leverage1:5001:5001:100
Swap Free ChargesNoNoNo
Trading Instruments128 Instruments128 Instruments128 Instruments
Trading Account CurrencyUSDUSDUSD
Minimum Trade Size0.01 for Forex & Metals0.01 for Forex & Metals0.01 for Forex & Metals
Trading PlatformMeta Trader 5Meta Trader 5Meta Trader 5
Account Types

Duttfx Markets Fees

The spread of 3 types of accounts started at 1.4,0.9, and 0.2, respectively. Only PRO PLAN charges commission USD 60 per 1 Mill USD, the remaining 2 types of accounts do not charge commission. In addition, none of the three accounts are exempt from swaps.

Trading Platform

The trading platform offered by Duttfx Markets is MT5, which is available on desktop as well as mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔Desktop, MobileSkilled traders
MT4❌
Trading Platform

Deposit and Withdrawal

The main payment methods supported are: Fastpay, Mastercard, NETRLLER, PalPal, Skrill, BANK TRANSFER.

Deposit and Withdrawal

News

ExposureDuttfx Markets, real or fake?

Duttfx Markets presents itself as a broker registered in the Comoros, boasting a trading experience of 2-5 years.

WikiFX
2024-08-22 18:28
Duttfx Markets, real or fake?
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Invester.494
3-6months
I'm here after having an experience of more than 3 months. I got connected with this platform through a guy named Khalid approached me and I started trading on different instruments specifically Tesla, Nvidia, Gold and Crude Oil. They've guided me really well and through the fluctuations I've secured my money within 3 weeks. And I'm still trading with them and taking the profits.
I'm here after having an experience of more than 3 months. I got connected with this platform through a guy named Khalid approached me and I started trading on different instruments specifically Tesla, Nvidia, Gold and Crude Oil. They've guided me really well and through the fluctuations I've secured my money within 3 weeks. And I'm still trading with them and taking the profits.
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2024-10-02 14:44
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FX1162477187
6-12months
I just wanted to take a moment to express my appreciation for the exceptional trading platform you provide. Your user-friendly interface and advanced tools make trading a seamless experience. The insights and resources available have significantly enhanced my trading journey, and I truly value the support your team offers. Thank you for your dedication to creating a reliable and innovative platform!
I just wanted to take a moment to express my appreciation for the exceptional trading platform you provide. Your user-friendly interface and advanced tools make trading a seamless experience. The insights and resources available have significantly enhanced my trading journey, and I truly value the support your team offers. Thank you for your dedication to creating a reliable and innovative platform!
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2024-07-12 16:40
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