Score

1.30 /10
Danger

dfxoption

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Score

Regulatory Index0.00

Business Index5.38

Risk Management Index0.00

Software Index4.00

License Index0.00

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Warning: Low score, please stay away! 4
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 247/14) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

dfxoption · Company summary

Overview of dfxoption

dfxoption offers seven types of accounts: Starter, Bronze, Silver, Gold, Platinum, VIP and Long-term investment, with different interest rates. However, dfxoption operates without any regulatory oversight, and the official website is unavailable currently. This lack of rules and visibility might put investors at higher risk.

Pros and Cons

Pros Cons
• Offers seven different account types• Operates without regulatory oversight, potentially exposing traders to risks
• The official website is unavailable currently

Is dfxoption Legit?

dfxoption was a Market Making(MM) previously regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. It also had an Investment Advisory License regulated by the United Kingdom. However, its credentials identified as numbers 247/14 and 610182 are no longer valid. The Current Status is to be Suspicious Clone.

Is dfxoption Legit?
The Cyprus Securities and Exchange Commission (CySEC)
Current StatusSuspicious Clone
Regulated by Cyprus
License TypeMarket Making(MM)
License No.247/14
Licensed InstitutionIQOption Europe Ltd
Is dfxoption Legit?
The Financial Conduct Authority (FCA)
Current StatusSuspicious Clone
Regulated by United Kingdom
License TypeInvestment Advisory License
License No.610182
Licensed InstitutionRajive Hensman
Is dfxoption Legit?
Is dfxoption Legit?

Account Type

dfxoption offers seven types of accounts: Starter, Bronze, Silver, Gold, Platinum, VIP, and Long-term investment, with different interest rates. They do not offer demo accounts and Islam accounts.

Account TypeMinimum DepositInterest
Starter$30030%
Silver$200050%
Bronze$300060%
Gold$500070%
Platinum$10,000100%
VIP$20,000120%
Long-termNA200%

Customer Service

You can reach out to dfxoption by visiting https://dfxoption.com/. There is no email contact or phone call from this platform at this moment.

Contact Options Details
Email
Phone

The Bottom Line

dfxoption offers a variety of account types for different trading needs. However, lacking regulatory oversight is the biggest concern. Due to this and the limited information on their website, dfxoption seems best suited for experienced traders who can conduct their own thorough research.

FAQs

Is dfxoption safe?

dfxoption operates without regulatory oversight, raising safety concerns. It's best to proceed with caution.

Is dfxoption good for beginners?

No. Due to the lack of regulation and potential risks, dfxoption is not suitable for beginners. Beginners should prioritize platforms with regulatory oversight and educational resources.

Is dfxoption good for day trading?

The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading.

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