DNB

General Information

DNB Invest Group LTD is an offshore broker registered in St. Vincent and the Grenadines. This island country has turned into a true safe haven for scammers in recent years because of the fact that its local financial authority does not regulate forex brokers.

Official Website Unavailable

As of now, the website of DNB (http://dnbinvestgroup.com/) is not available. We can only find some fragmentary information on the Internet, and most of them are negative reviews.

Regulatory Risk

DNB claims to be FCA and CySEC regulated. We checked the official registers of each of these regulators, but could not find any information about such an entity.

Leverage

DNB claims to offer a leverage of 1:200 for the clients, which undoubtedly proves this broker has no FCA license. The British regulator restricted the leverage to 1:30.

Funding Methods

The funding methods are Credit/Debit cards, Wire Transfers, Paneer, Mir and Bitcoin. Traders should know its impossible to get a refund if they funded their accounts via Wires or Bitcoin.

Final Warning

The website is not available and there is no contact information. We assume that the broker DNB might be closed or run away. Please be aware of the risk!