摘要:DBG Markets, established in 2007, is indeed a well-known online broker, commanding a strong market presence for over a decade. It operates from its London and Sydney headquarters, while also maintaining offices across the Asia-Pacific and South America.
Broker Name | DBG Markets |
Founded in | 2007 |
Registered in | United Kingdom |
Regulated by | ASIC, FCA, FSCA ( Out of the business scope) |
Trading Instruments | Forex, Precious Metals, Shares, Indices, Commodities |
Demo Account | Yes |
Maximum Leverage | 1:500 |
Minimum Spread | 0.0 pips onwards |
Trading Platforms | MT4, MT5 |
Minimum Deposit | $100 |
Deposit & Withdrawal | Visa, Bank Transfer, Chinese UnionPay, Skrill, Webmoney, Crypto |
Customer Service | 24/7 live chat, online messaging, phone: +27 0861888221, email: support@dbgm.com |
Promotions | Yes |
DBG Markets, established in 2007, is indeed a well-known online broker, commanding a strong market presence for over a decade. It operates from its London and Sydney headquarters, while also maintaining offices across the Asia-Pacific and South America.
DBG Markets offers access to some popular markets, which include forex, precious metals, shares, indices, and commodities, with the maximum leverage of up to 1:500.
Additionally, the broker's offerings are accessible via the MetaTrader 4 and MetaTrader 5 platforms - renowned platforms popular amongst traders for their advanced charting tools, automated trading abilities, and user-friendly interfaces.
In the following article, we will analyze the characteristics of this broker in all its dimensions, providing you with easy and well-organized information. If you are interested, read on.
DBG Markets is a MarketMaking(MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, DBG Markets acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of the leverage offered.
However, this also means that DBG Markets has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interests of their clients. It is important for traders to be aware of this dynamic when trading with DBG Markets or any other MM broker.
Pros | Cons |
• Strictly regulated | • Regional restrictions |
• Extensive trading instruments | |
• Demo accounts available | |
• MT4/5 supported | |
• Multiple payment options without fees | |
• 24/7 multi-channel support |
Pros:
Cons:
DBG Markets is a regulated broker, operating under the oversight of several reputable financial regulatory bodies.
Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
ASIC | DBG MARKETS (AUSTRALIA) PTY LTD | Market Making(MM) | 247017 | |
FCA | DBG MARKETS (UK) LLP | Investment Advisory License | 469459 | |
FCSA | DBG MARKETS ZA (PTY) LTD | Financial Service Corporate | 41920 |
• DBG MARKETS (AUSTRALIA) PTY LTD is regulated by Australia Securities & Investment Commission (ASIC, No. 247017).
• DBG MARKETS (UK) LLP, its entity in the United Kingdom, is regulated by the Financial Conduct Authority (FCA, No. 469459).
• DBG MARKETS ZA (PTY) LTD, its entity in South Africa, has also registered with the Financial Sector Conduct Authority (FSCA) in South Africa, holding a Financial Service Corporate license under license no. 41920.
These regulators are known for their rigorous standards and require brokers to adhere to strict financial guidelines aimed at protecting traders.
However, while being regulated by these bodies grants legitimacy to DBG Markets, it's always recommended for traders to perform their due diligence when choosing a broker. This includes researching the broker's reputation, reading online customer reviews, and fully understanding the terms and conditions attached to the broker's services.
It's also important to note that while regulatory supervision can lower the risk of fraudulent activity, it can't eliminate such a risk entirely. Hence, adequate research and scrutiny should always be undertaken before deciding to trade with any broker.
DBG Markets offers over 300 products available to traders, covering Forex, Precious Metals, Shares, Indices, Commodities. However, it does not support trading on Futures, Options, even Cryptocurrencies. Plus, in comparison to other brokers, DBG Markets doesn't have quite as many products to offer.
Tradable Assets | Supported |
Forex | ✅ |
Precious Metals | ✅ |
Shares | ✅ |
Indices | ✅ |
Commdoties | ✅ |
Cryptocurrencies | ❌ |
Futures | ❌ |
Options | ❌ |
This includes forex, ensuring access to the dynamic foreign exchange market with various currency pairs.
They also offer opportunities to trade in precious metals such as gold and silver, which can provide a hedge against economic instability.
For those who are interested in equity investments, DBG Markets offers trading on numerous shares from a variety of businesses.
Moreover, you can also access various indices, giving you the ability to take positions on the overall performance of a selection of companies in a specific market segment.
Additionally, they also offer commodities that could include energy products like oil and gas, agricultural goods, and more.
DBG Markets offers three account types tailored for different trading needs and preferences: Standard (STD), ECN, and VIP accounts.
The Standard Account provides a straightforward entry point for traders. It features spreads starting from 1.6 pips and offers trading instruments covering forex, precious metals, shares, indices, and commodities. This account type operates with zero commission and supports multiple currencies.
For traders seeking tighter spreads, the ECN Account is an excellent choice. It offers spreads from 0 pips, making it ideal for high-frequency traders and those employing scalping strategies. While it does come with a $6 commission, the potential for price improvement often outweighs this cost for many traders.
The VIP Account combines elements of both, offering spreads from 0.6 pips with zero commission. This account type is well-suited for experienced traders who maintain larger account balances and require premium trading conditions.
Notably, DBG Markets distinguishes itself by offering account opening with no minimum deposit requirement, providing accessible entry for traders at all levels.
To open an account with DBG Markets, you would generally follow these steps:
Step 1: Visit the DBG Markets official website.
Step 2: Click on the “Open an Account” button located on the homepage.
Step 3: You'll be directed to an online registration form. Fill out the form with your personal information including your full name, email address, phone number, country of residence and choose the type of account you wish to open.
Step 4: Agree to the terms and conditions and click Submit.
Step 5: You may be required to verify your identity and address. This often involves uploading a clear, readable copy of your ID (like a passport or driver's license) and a proof of residence document (like a utility bill or bank statement that clearly shows your full name and address and is not more than 3 months old).
Step 6: Once your application is approved and your identity verified, you'll be able to fund your account.
Step 7: After making a deposit, you can then access your account and start trading.
You should check the exact details as per DBG Markets' policy on their website or by contacting their support service. It's also crucial to familiarize yourself with the trading platform, and understand all the risks involved in trading before you start.
DBG Markets offers a maximum leverage of up to 1:500, which is relatively high compared to other brokers in the industry. This high leverage allows traders to open larger positions with a smaller deposit, potentially increasing their profit potential.
However, it also comes with significant risks as high leverage can amplify losses, especially for traders with limited experience or those who do not use proper risk management techniques. Traders should be aware of the risks associated with high leverage and use it responsibly to avoid excessive losses.
Pros | Cons |
• Allows traders to open larger positions with smaller deposits | • High leverage can increase the risk of significant losses |
• Can potentially increase potential profits | • Requires a good understanding of risk management to avoid excessive losses |
• Provides greater flexibility in trading strategies | • High leverage may encourage overtrading and impulsive trading decisions |
DBG Markets offers a tiered structure of spreads and commissions across its three account types. The Standard (STD) Account features spreads starting from 1.6 pips with no additional commission, suitable for traders who prefer straightforward pricing. For those seeking tighter spreads, the ECN Account provides spreads from 0 pips, coupled with a $6 commission per trade, appealing to high-volume and algorithmic traders. The VIP Account strikes a balance, offering spreads from 0.6 pips without commission, tailored for experienced traders with larger account balances.
Overall, DBG Markets appears to offer pricing that's in line with industry standards, with potentially advantageous terms for higher-volume traders.
Account Types | STD Account | ECN Account | VIP Account |
Spreads | From 1.6 pips | From 0 pips | From 0.6 pips |
Commissions | Zero | $6 | Zero |
DBG Markets offers access to four chocies of trading platforms for clients who trade on this platform: MetaTrader 4 & MetaTrader 5, PAMM/MAM, as well as a webtrader.
MetaTrader 4 (MT4)
DBG Markets provides the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both renowned for their robust features and user-friendly interfaces. These platforms are accessible across multiple devices, including desktop computers, mobile phones, and tablets, as well as through web browsers, ensuring traders can manage their positions from anywhere.
MetaTrader 5 (MT5)
PAMM/MAM
For investors seeking managed accounts, DBG Markets supports PAMM/MAM systems, allowing for efficient fund management.
WebTrader
Additionally, the broker offers a proprietary Webtrader platform, providing a lightweight, browser-based alternative for traders who prefer not to download software.
Pros | Cons |
• Vast tools and indicators for technical analysis | • Limited selection of social trading features |
• User-friendly interface with customizable charts and workspace | • Limited integration with third-party platforms |
• Ability to run automated trading strategies with Expert Advisors (EAs) | • Limited support for backtesting and strategy optimization |
• Available on desktop, web, and mobile devices for flexible access | |
• Support for multiple order types, including pending orders and stop losses |
Payment Method | Currency | Fees | Processing Time |
VISA Cards | USD, EUR, GBP, AUD, NZD, CAD | $0 | Instant |
Bank Transfer | USD, EUR, GBP, AUD, NZD, CAD | $0 | 1-3 working Days (Deposit)/1 Working Day (Withdrawal) |
Chinese UnionPay | CNY | $0 | Instant |
Skrill | USD | $0 | Instant |
Webmoney | USD | $0 | Instant |
Crypto | USDT | $0 | Instant |
DBG Markets offers several deposit and withdrawal options, including Visa, Bank Transfer, Chinese UnionPay, Skrill, Webmoney, and Crypto, with no fees for transactions. The company supports various currencies such as USD, EUR, GBP, AUD, NZD, CAD, CNY and USDT.
The minimum deposit to open an account with DGB Markets is $100.
Most of DBG Markets' deposit and withdrawal methods are geared for instant transactions, providing a smooth flow of funds for DBG Markets' clients. However, it's worth noting that transactions involving Bank Transfers may take a bit longer. Deposits done via Bank Transfer could take approximately 1-3 working days to arrive and be processed, while for withdrawals a processing time of 1 working day is usually required. This expected delay is generally due to the banking systems and processing times of the banks involved, which vary between institutions. Thus, it is advisable to plan your transactions ahead, particularly if you prefer using Bank Transfers for your financial operations.
DBG Markets offers multiple channels for clients to reach out with inquiries or concerns. The brokerage maintains a support team accessible via phone at +27 0861888221 and email atsupport@dbgmfx.com. For those who prefer written communication, a message form is available on their website, allowing clients to submit detailed inquiries. Online chat is also available, which supports English, Vietnamese, and Chinese communication.
Physical Address: No. 9 Cassius Webster Building, Grace, Complex, PO Box 1330, The Valley, AI-2640 Anguilla
However, there is limitedFAQ section available on their website, which can be inconvenient for traders seeking quick answers to common questions.
However, there is no dedicated account manager available, and DBG Markets does not provide support through social media platforms.
Pros | Cons |
• 24/7 live chat support | • No dedicated account manager |
• 24/7 phone support | • No social media support |
• Quick email response time | |
• Physical address listed on website | |
• FAQ section available |
Is DBG Markets regulated well?
Yes. It is regulated by ASIC in Australia, FCA in the UK, and FSCA in South Africa.
At DBG Markets, are there any regional restrictions for traders?
Yes. It does not offer services to residents of certain jurisdictions, including but not limited to the United States of America, Iran, Afghanistan, Belgium, Hongkong, Japan, or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Does DBG Markets offer demo accounts?
Yes, it offers demo accounts.
Does DBG Markets offer industry leading MT4 & MT5?
Yes. Both MT4 and MT5 are available.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.