DiziCX Trading Platform
This broker claims to offer the lowest spreads and over 200 trading instruments, including Forex (with leverages as high as 1:500), CFDs, Stocks, Indices, and Precious Metals.
We could not find any MT5 trading platform they claimed to support.
DiziCX Account Types
This section of the review will explore different account types that a broker may have. We examine the account and its deposit and leverage. This gives you a better idea of how a broker might operate.
We checked and found that the broker offers four types of accounts
Deposit and Withdrawal Methods for DiziCX
Because the ultimate goal of trading is to make a profit, withdrawals and deposits are the most important transactions. This section will examine these options to ensure everything is in order.
We couldn’t find any identifiable method this broker used to execute transactions.
Keep in mind that bonus promotions may also have withdrawal restrictions. To be eligible for withdrawal, some brokers are fraudulent and require traders to trade at a certain volume. This is done to prevent traders from withdrawing.
Is DiziCX Licensed?
Another important aspect is licensing. We can trust that a broker licensed will not do anything fraudulent. This part of the review begins with checking the name attached to the broker. We then run this name through different regulatory bodies to determine if it regulates brokerage.
We had to verify the broker’s license status by checking several regulatory agencies. We checked the ASIC in Australia, the FCA in the UK and CySEC in Cyprus. We didn’t find any license information for this broker at the end of our search.
Find out if a regulatory body has licensed a broker. Traders should verify regulatory bodies like the FCA in the UK and ASIC in Australia. CySEC is Cyprus. BaFin is Germany. CONSOB italy.
For a better understanding on how brokers (both licensed and unlicensed), work, please read our review on ForexBirds. FTG Markets. Capital GMA.
Instead, trade with TOP-RATED BROKERS
Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Worldwide Acceptance of Traders
Minimum Trade Deposit $100
Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Worldwide Acceptance of Traders
Minimum Trade Deposit $100
Licensed in Australia(ASIC) and Cyprus(Cysec)
Worldwide Acceptance of Traders
Minimum Trade Deposit $100WordPress Pricing Table Plugin
Conclusion
We found many claims made by this broker were either unverifiable or false. We are unable to confirm their location. There is also a lack transparency when depositing funds as well as a confusing and unexplained withdrawal process. We do not recommend that you invest with this broker. Any attempts to do so will result in the loss of your funds.
