DBinvesting is a forex broker that has been the subject of many complaints and accusations of being a scam. In this review, we will take a closer look at the company and why you should avoid it.
Company Overview
DBinvesting is a relatively new broker, having been founded in 2021. The company claims to be headquartered in the Seychelles, but there is no evidence to support this claim. The company’s website does not provide any contact information, such as a phone number or address.
Does Dbinvesting Have Any License?
No, DBinvesting does not have any licenses from any regulatory bodies. This is a major red flag, as it means that the company is not subject to any oversight. This makes it more likely that the company will engage in fraudulent or unethical practices.
Is Dbinvesting Regulated By Any Authority?
No, DBinvesting is not regulated by any authority. This is another major red flag. Regulation is important because it helps to protect investors from fraud and other abuses. A regulated broker is more likely to be honest and transparent with its clients.
Pros and Cons
Pros:
- The minimum deposit is low.
- The trading platform is user-friendly.
- The spreads are competitive.
Cons:
- The company is not licensed or regulated.
- There have been many complaints about the company.
- The withdrawal process is difficult and time-consuming.
How Does Dbinvesting Reach To Their Prey?
DBinvesting targets unsuspecting investors through a variety of methods, including:
- Online ads
- Social media
- Cold calls
The company often promises high returns with little risk. Once the investor has deposited money, the company makes it difficult or impossible to withdraw the funds.
Technical Details
Minimum Deposit:
The minimum deposit for a trading account with DBinvesting is $250.
Trading Platform:
DBinvesting offers a web-based trading platform that is compatible with most browsers. The platform offers a variety of features, including charting, technical analysis tools, and order execution.
Spread:
The spreads on forex pairs at DBinvesting are typically around 1.0 pips. This is considered to be competitive.
Leverages:
DBinvesting offers leverage up to 1:500. This means that you can control a position worth $5000 with a deposit of just $100. However, it is important to use leverage with caution, as it can magnify your losses as well as your profits.
Packages and Products They Offer
DBinvesting offers a variety of trading accounts, including:
- Standard account: This is the most basic account type. It offers a low minimum deposit and competitive spreads.
- VIP account: This account type offers a higher leverage and more trading features.
- Islamic account: This account type is designed for Muslim traders who do not want to pay interest on their trades.
Withdrawal and Deposit Method
DBinvesting offers a variety of withdrawal and deposit methods, including:
- Credit/debit card
- Bank wire transfer
- E-wallets
The withdrawal process is slow and time-consuming. It can take up to 10 business days to process a withdrawal request.
What Do Their Previous Traders Say?
There are many complaints about DBinvesting online. Some traders have reported that they were unable to withdraw their funds, while others have said that the company refused to answer their calls or emails.
Summing Up- Why Should Not You Trust Dbinvesting
There are many reasons why you should not trust DBinvesting. The company is not licensed or regulated, there have been many complaints about the company, and the withdrawal process is difficult and time-consuming. If you are considering trading with DBinvesting, I urge you to reconsider. There are many other reputable brokers out there that you can choose from.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money to DBinvesting, you may be able to get it back through a chargeback or by filing a complaint with a regulatory authority. You can also contact us for help. Our experts will analyze your case and will provide you with a free consultation and service recommendations to help you recover the funds.
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Final Thoughts
DBinvesting is a scam broker that should be avoided at all costs. If you are considering trading with this company, we urge you to reconsider. There are many other reputable brokers out there that you can choose from.
We hope this article has been helpful. If you have any questions, please feel free to contact me.
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