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No Regulation
Score
1.52 /10
Danger
DiamondFX
5-10 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.09
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-15
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| DiamondFXReview Summary | |
| Founded | 1998-11-21 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Not mentioned |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | Not mentioned |
| Trading Platform | DiamondFX(Android/iOS) |
| Min Deposit | $10 |
| Customer Support | Live Chat |
DiamondFX Information
DiamondFX is a broker. The account types with a maximum leverage of 1:500 include a demo account and 5 real accounts with 24/7 live support. The minimum deposit is $10. DiamondFX is still risky due to its unregulated status, high leverage, and closed official website.
Pros and Cons
| Pros | Cons |
| 24/7 live supported | Unregulated |
| Leverage up to 1:500 | Few contact details |
| Can't open the official website | |
| MT4/MT5 unavailable | |
| Ambiguous cost information |
Is DiamondFX Legit?
DiamondFX is not regulated, which makes it less safe than regulated brokers.
What Can I Trade on DiamondFX?
DiamondFX claims to offer trading on many assets.
Account Type
DiamondFX has four types of accounts: Diamond, Platinum, Gold, Bronze, and Silver. Since the official website cannot be opened, the specific account information is vague, but they are all equipped with an EA system. Beginners can also practice trading through a demo account.
| Account Type | Supported |
| Diamond | ✔ |
| Platinum | ✔ |
| Gold | ✔ |
| Bronze | ✔ |
| Silver | ✔ |
| Demo | ✔ |
DiamondFX Fees
The spread and the commission are unspecific.
Leverage
The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.
Trading Platform
DiamondFX does not use the authoritative MT4/MT5 but configures a proprietary platform adapting to Android and iOS.
| Trading Platform | Supported | Available Devices |
| DiamondFX | ✔ | Android and iOS |
Deposit and Withdrawal
The minimum deposit is $10. DiamondFX offers multiple deposit and withdrawal methods including VISA, MasterCard, Skrill, etc.
Customer Support Options
DiamondFX provides 24/7 customer support, and traders can communicate via live chat.
| Contact Options | Details |
| Live Chat | ✅ |
| Supported Language | English |
| Website Language | English |
| Physical Address | Suite 305, Griffith Corporate Centre Beachmont, Kingstown Vc0100, St. Vincent and the Grenadines |
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