General Information
Established in 2007, DBG Markets is a premium multi-asset online brokerage with headquarters in London and Melbourne and offices in the Asia-Pacific, Europe, South America, Middle East, and North Africa. DBG Markets offers traders access to a wide range of markets including Forex, Precious Metals, shares, indices, commodities, cryptocurrencies, commodities and more.
Regulatory Information
DBG Markets is the trading name of DBG MARKETS (UK) LLP, DBG MARKETS (AUSTRALIA) PTY LTD, DBG MARKETS ZA (PTY) LTD for which the DBG group is holding company. DBG MARKETS (UK) LLP is authorised and regulated by the Financial Conduct Authority with reference number 469459. DBG MARKETS (AUSTRALIA) PTY LTD is authorised and regulated by the Australian Securities and Investments Commission (ASIC) with licence number 247017. DBG MARKETS ZA (PTY) LTD is authorised and regulated by the South Africa Financial Sector Conduct Authority (FSCA) with licence number FSP 41920.
Market Instruments
Tradable financial instruments available on the DBG Markets platform include forex currency pairs, Precious Metals, Shares, Indices, Commodities, Crypto Currencies.
Minimum Deposit
The minimum initial deposit required by DBG Markets is $100, which is affordable for most regular traders who want to start real trading here.
Leverage
DBG Markets (Australia) can offer the maximum trading leverage up to 1:500, which is considered high. While for DBG Markets (UK), trading leverage offered is capped at 1:30 for forex trading, fully complying with European regulation. Since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Micro Trade Size
The minimum volume in lots per trade allowed by DBG Markets is 0.01 lots, which sounds a good news for beginners.
Demo Account Available
Demo accounts are a valuable trading tool to help beginners learn how to trade and allow experienced traders to experiment and test new strategies in a risk-free environment. Traders can open demo accounts via Client Portal.
Spreads & Commissions
As per DBG Markets website, the spread on the EUR/USD pair is from 0.4 pips. The commission information is not mentioned.
Trading Platform Available
DBG Markets offers both MT4 and MT5 trading platforms, PAMM & MAMM, as well as a Web Trader.
Deposit & Withdrawal
DBG Markets accept Bank Wire transfers, Credit/Debit cards, Chinese UnionPay PayPal, and some more methods available as per your country of residence. Traders withdraw funds via the same method used to fund your account.
Customer Support
DBG Markets offers a dedicated customer support, and they can be 24/7 reached through telephone: 61280145825/61280145825, and email: support@dbgm.com. Online chat is also available to give customer quick reply. Besides, DBG Markets website is multilingual for traders worldwide.
Restricted Regions
DBG Markets 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.