Score

1.33 /10
Danger

DreamFx Trade

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.59

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

DreamFx Trade · Company summary

Note: DreamFx Trade's official website: https://dreamfxtrade.com/ is currently inaccessible normally.

DreamFx Trade Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationNo Regulation
Market InstrumentsForex, etc.
Demo Account
Leverage/
Spread/
Trading Platform/
Minimum Deposit/
Customer SupportTel: +1 8049645317
Email: info@dreamfxtrade.com
Address: 2 Woodberry Grove, London, England, N12 0DR, United Kingdom

DreamFx Trade is an online trading platform registered in the United Kingdom. However, it operates without regulation. Without regulation, DreamFx Trade is not beholden to the same standards of conduct and transparency as legitimate brokers. Additionally, there is no information about the market instruments available for trading, the leverage offered, the spread rates, the trading platforms supported, and more. These all raise the possibility of price manipulation, withdrawal issues, or even the platform disappearing with your funds.

DreamFx Trade

Pros and Cons

Pros Cons
/Non-functional website
Lack of transparency
No regulation

Is DreamFx Trade Legit?

At present, DreamFx Trade lacks valid regulation. Its domain has not been registered yet. Please look for other regulated brokers as your choice.

No license

Leverage

DreamFx Trade's leverage information is not found. Leverage allows traders to control a larger position in the market than their own capital would allow. In simpler terms, you can borrow money from the broker to magnify the returns (or losses) on your trades. Especially for beginners, we advise you to look for some brokers offering low leverage so that you could manage risk.

Spread and Commission

Spreads are the difference between the buying (ask) and selling (bid) prices of an asset, and they can significantly impact a trader's profitability. Commissions are fees charged by the broker for executing trades. We advise you to choose other regulated brokers with detailed information on their website.

User Reviews

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User comment

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Comments

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Hungrey
more than one year
I have enjoyed my experience with DreamFx Trade. The platform is simple, and I trust the company to manage my financial account. The Support Service has been top drawer! They are courteous and knowledgeable about foreign exchange protocols. Give it a try!
I have enjoyed my experience with DreamFx Trade. The platform is simple, and I trust the company to manage my financial account. The Support Service has been top drawer! They are courteous and knowledgeable about foreign exchange protocols. Give it a try!
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2024-07-09 18:23
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