General Information & Regulation
Established in 1999, DIF Broker is an online brokerage firm that is based in Europe. DIF Broker is the brokerage name of DIF BROKER SOCIEDAD FINANCIERA DE CORRETAGEM S.A. which is authorized to provide investment services and other related auxiliary services by the Comissão do Mercado de Valores Mobiliários (CMVM) in Portugal and Comisión Nacional del Mercado de Valores (CNMV) in Spain, with regulatory license number 954. DIF Broker is authorized to provide investment services and other auxiliary services in the financial markets, including online trading in foreign exchange, stocks, futures, and CFDs (Contracts for Difference).
Market Instruments
DIF Broker can provide investors with access to 30,000 instruments in over 40 markets, mainly stocks, futures, options, indices, and cryptocurrencies.
Minimum Deposit
DIF Broker offers different investing services, including Brokerage Account, Advisory Account, Portfolio Management Account. The minimum deposit of €2,000, and if the account is inactive for 12 months, the account will be charged a fee of €36 plus VAT.
Leverage
The maximum leverage available at DIF Broker is 1:30 on popular currency pairs, which is in line with European regulatory restrictions. Margin requirements are also provided within the trading platform.
Spreads & Commissions
DIF Broker offers investors a spread of 3 pips on EURUSD, 3 pips on GBPUSD, 4.5 pips on XAUUSD, and 2.5 pips on USDJPY. The U.S. oil spread is 0.05 pips, the U.K. oil spread is 1.25 pips, and the corn spread is $1.25. The spread for the S&P 500 is 1 pip, and the spread for the Nasdaq 100 is 1 point. The brokerage fee for U.S. stocks is $0.035 per share (for prices above $10 and notional transactions over $5,000) and $0.02 per share for stocks priced below $10 (for notional transactions over $5,000).
Trading Platform
The official DIF Broker website only states that it offers traders the best trading platform, intuitive and easy to use, containing advanced charting analysis tools, more than 40 technical indicators, transparent execution, and ensuring the best prices.
Deposit & Withdrawal
Clients can load trading accounts using online bank transfers. Payments are processed instantly but users will have to pick up any intermediary fees. The payment methods are quite limitedon DIF Broker platform.
Customer Support
The DIF Broker customer service team is readily available to answer clients general, account-related, and technical questions. They can be reached during office hours, from 09:00 am to 06:00 pm local time. Traders can reach them via email, telephone, and call-back form.
