General Information
DCFX is allegedly a forex broker based and regulated in Indonesia that provides its clients with the industry-standard MetaTrader5 trading platform, leverage up to 800:1, variable spreads on rich tradable assets, as well as a choice of two different account types and 24/5 customer support service.
Market Instruments
DCFX advertises that it mainly offers five different asset classes in global financial markets, including stocks, indices, forex, commodities and cryptocurrencies.
Account Types
There are two live trading accounts offered by DCFX, namely Standard and Zero accounts. Opening any account type requires the minimum initial deposit amount of only $1.
Leverage
The maximum leverage ratio provided by DCFX is much higher than most brokers, up to 800:1. 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 are influenced by what type of accounts traders are holding. DCFX reveals that the spread on the Standard account starts from 0.8 pips, while the clients on the Zero account can enjoy raw spreads from 0.0 pips. As for commissions, the Zero account will be charged a lower commission, while the commission of the Standard account is not involved directly.
Trading Platform Available
When it comes to trading platforms available,DCFX gives traders two choices: DCFX Mobile App and MetaTrader5. The MT5 is known as the most successful, efficient, and competent forex trading software, offering automated trading through the use of Expert Advisors and a selection of order types, allowing traders to execute trades on different financial markets through a single account and there is a hedging option. While with the mobile app, trading can be done on the go through the right terminals.
Deposit & Withdrawal
The minimum deposit requirement is only $1, yet we cant find any specific information about the deposit and withdrawal payment methods on its official website in the absence of a login.
Bonuses
DCFX claims to provide its new clients with a $30 welcome bonus, yet we cannot be sure if it is available in the absence of login.
Customer Support
DCFXs customer support can be reached by telephone: +622129183183, email: cs@dcfx.co.id or live chat. Besides, you can also follow this broker on some social media platforms like Facebook, Twitter, Instagram and YouTube. Company address: Level 11, Boutique Office 1 (B-01-C) Menara 2 (Pillar 11, Jalan Pantai Baharu, KL Eco City, 59200 ) Kuala Lumpur, Federal Territory of Kuala Lumpur Malaysia.
