Dizicx-Overview of Minimum Deposit, Leverage, Spreads

General Information

Dizicx, a trading name of Dizicx Limited, is allegedly an international business company registered with FSA in Saint Vincent and the Grenadines and with CBR in the Republic of Mauritius, claiming to provide its clients with the industry-standard MetaTrader5 trading platform, flexible leverage up to 1:1000, variable spreads on a variety of tradable assets, a choice of four different account types, as well as MAM trading service and 24/5 customer support service.

Market Instruments

Dizicx advertises that it offers a wide range of trading instruments across six asset classes including forex, cryptocurrencies, indices, metals, commodities and CFDs on shares.

Account Types

There are four live trading accounts offered by Dizicx, apart from demo accounts, namely Standard, Premium, ECN Pro and Star VIP. Opening a Standard account requires the minimum initial deposit amount of $100, while the other three account types with the much higher minimum initial capital requirements of $300, $500 and $2,000 respectively.

Leverage

Dizicx provides its clients with flexible leverage ratios ranging from 1:100 to 1:1000. Traders holding different account types can enjoy different maximum leverage ratios. Clients on the Standard account can enjoy the maximum leverage of up to 1:1000, while the Premium account with the maximum leverage of 1:400, the ECN Pro account with 1:200 and the Star VIP account with 1:300. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads and commissions are influenced by what type of accounts traders are holding. Dizicx reveals that the spread on the Standard starts from 1.5 pips, the clients on the Premium account can experience spreads from 1 pip, while the ECN Pro account with spreads from 0.5 pips and the Star VIP account with raw spreads from 0 pips. As for commissions, the broker will charge the Premium and ECN Pro accounts a commission of $6, while the left two account types with no commission.

Trading Platform Available

When it comes to trading platforms available,Dizicx gives traders two choices: MT5 Desktop and MT5 Mobile. The broker says MT5 Desktop is available on Raw Pricing and Standard account types. MT5 is known as one of the most successful, efficient, and competent forex trading software, allowing traders to execute trades on different financial markets through a single account and there is a hedging option. While with MT5 Mobile, trading can be done from anywhere and at any time through the right mobile terminals.

Tools

Also, Dizicx provides its clients with some trading tools, such as an Economic Calendar and forex calculators, whose interfaces seem to be quite simple and easy to use, just as the following screenshots show.

Deposit & Withdrawal

Dizicx accepts deposits and withdrawals with MasterCard, Skrill, Perfect Money, Visa, WebMoney and Neteller. The minimum deposit amount is said to be 0 and all deposit or withdrawal requests can be processed within 24 hours.

Customer Support

Dizicxs customer support can be reached through telephone: +447451212153, email: support@dizicx.com or live chat. Company address: First floor, 1st St. Vincent Bank Ltd building James street Kingstown St. Vincent and the Grenadines; Level 6, Ken Lee Building, 20 Edith Cavell Street, Port Louis, Republic of Mauritius.