Score

1.54 /10
Danger

direktbroker-FX

Suspicious Regulatory License

Cyprus Market Making(MM) Revoked

High potential risk

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
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Single Core

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Broker Information

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Company Name

Leverate Financial Services Limited.

Company Abbreviation

direktbroker-FX

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-11-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • CyprusCYSEC (license number: 160/11) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

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direktbroker-FX · Company summary

General Information& Regulation

Direktbroker is a trade name operated by Leverate Financial Services Ltd – a Cyprus Investment Firm (CIF) licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 160/11. It is an independent broker aiming to offer customers the possibility to trade in a wide variety of financial instruments.

Market Instruments

Direktbroker-fx offers investors a range of financial instruments including Forex, Commodities, Stocks, Cryptocurrencies and Indices.

Accounts & Leverage

There are 4 kinds of account types for investors to choose from at direktbroker-fx, namely Silver (minimum deposit of 500 Euro), Gold (minimum deposit of 5,000 Euro), Platinum (minimum deposit of 25,000 Euro), Prof. Client (minimum deposit of 25,000 Euro). The maximum leverage is up to 1:400 for Prof. Client account and up to 1:30 for the other three accounts.

Spreads & Commissions

Spreads are variable and are displayed live on the Trading Terminal. The spreads on EUR/USD start from 0.0 pips. Commissions are charged based on different financial instruments and account types. For example, the Forex commission is 5 per lot for Silver account, 3.6 per lot for Gold, 2.4 per lot for Platinum, and 2 per lot for Prof. Client.

Trading Platform

Direktbroker-fx provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) platform, available via Windows, Mac, Mobile and Web, as well as direktbroker-FX Webtrader and direktbroker-fx Mobile & Tablet Trader.

Deposit & Withdrawal

Deposits will be accepted by bank transfer, Swift, E-wallet, Debit/Credit cards (Visa, MasterCard, Switch, Maestro) or any other method of electronic money transfer. The minimum withdrawal amount is 5 USD/GBP/EUR. Direktbroker-fx does not charge any fees for client deposit or withdrawals other than Debit/Credit card withdrawals whereas 1.5 % withdrawal fee applies regardless of the withdrawal amount.

Accepted Countries

Direktbroker-fx is authorized to provide Cross Border Investment Services to the following EU Member States: United Kingdom (FCA), Portugal (CMVM), Germany (BaFin), Luxembourg (CSSF), France (ACPR), Liechtenstein (FMA), Italy (CONSOB), Greece (HCMC), Spain (CNMV), Malta (MSFA), Austria (FMA), Poland (KNF), Netherlands (AFM), Hungary (MNB), Sweden (FI), Bulgaria (FSC), Czech Republic (CNB), Romania (ASF), Slovakia (NBS), Estonia (FSA), Finland (FSA), Latvia (FKTK), Denmark (FSA), Lithuania (LB), Norway (FSA), Slovenia (ATVP), Ireland (CBI), Iceland (FME), Croatia (HANFA).

Customer Support

If clients have any questions or concerns, please call at +357 25 249944 or email at compliance@leverate.com. Working hours are 09:00-17:00 (GMT +2), Monday-Friday.

Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.45% of retail investor accounts lose money when trading with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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-lyn
more than one year
On the one hand, their spreads are low, and there's no requoting. On the other hand, their deposit requirements are quite high, and the leverage on the Silver account is too low. To get higher leverage, you need to upgrade to a professional account, but the deposit threshold is too steep. Overall, I'd say they're worth considering if you're willing to meet their high deposit requirements.
On the one hand, their spreads are low, and there's no requoting. On the other hand, their deposit requirements are quite high, and the leverage on the Silver account is too low. To get higher leverage, you need to upgrade to a professional account, but the deposit threshold is too steep. Overall, I'd say they're worth considering if you're willing to meet their high deposit requirements.
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2023-03-30 11:08
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