Extracto:Dion Capital is a Thailand-based broker offering forex trading services. This broker doesnt hold any license to provide financial services.
General Information & Regulation
Dion Capital is a Thailand-based broker offering forex trading services. This broker doesnt hold any license to provide financial services.
Markets Instruments
Tradable financial instruments available on the Dion Capital only include some currency pairs. Other trading assets like precious metals, commodities, as well as stocks are not available.
Minimum Deposit
When it comes to minimum initial deposit requirement, Dion Capital does not make this part clear.
Leverage
Dion Capital Suite provides several leverage levels. Margin is the collateral required to trade, which is based on leverage of trading accounts. For example, trading one standard lot (contract size 100,000 USD) on an account with leverage 1:100, the margin is 1% of 100,000 USD=1,000 USD.
Spreads & Commissions
Dion Capital offers two different spreads: A Variable spread and an ECN spread. The variable spreads, depending on market conditions, maybe extended or reduced depending on market volatility and liquidity by its liquidity provider. The ECN spread is said to give narrow spreads with a commission fee of 14 USD (or equivalent) per the number of trades paid. ECN CFD commissions charged at 14 USD per contract value of 100,000 USD traded.
CopyPip Strategy
Dion Capital put forward the CopyPip Strategy, with its minimum initial deposit to start an account is $100. The fees of using CopyPip: for forex there is a surcharge of 1 pip per lot; for XAU/USD surcharge of 13 USD per trade; for XAU/USD charge of 50 USD per charge. You can open more than one CopyPip account. The strategy service fee is calculated by relying on the Equity of the Follower account. The Equity of the account is updated daily at midnight at the GMT time zone, the fee will be calculated and send within 5 working days of the next month.
Trading Platform Available
Dion Capital provides access to industry-leading trading platform Metatrader 4 – the platform has earned that distinction with its comprehensive UI and powerful automated trading features.
Deposit& Withdrawal
Dion Capital says it accepts traders to fund their accounts through Credit Card, wire transfer, as well as some digital wallets (Neteller, Skrill,FasaPay). There is no minimum withdrawal amount required and it usually takes 2-4 days for the money to access your bank account.
Customer Support
Dion Capital advertises that it offer free Webinars and 24/7 support to clients overseas. They can be reached through email, as well as some social media platforms, including Facebook, Twitter, Line, and Youtube.