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No Regulation
Score
1.51 /10
Danger
DECFX
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.99
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
Previous Detection :
2024-11-16
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Overview of DECFX
DECFX offers an MT4 platform for both Windows and Mobile users to trade, ensuring safety and flexibility. The trading instruments DECFX include metals, oil, and stock. However, DECFX does not have the license and works without any supervision, in addition to the fact that the official site is unavailable. This might place investors at a higher risk due to this lack of rules with little visibility to them.
Pros and Cons
| Pros | Cons |
| • Offers six different account types | • Operates without regulatory oversight, potentially exposing traders to risks |
| • Offers MT4, ensuring safety and flexibility | • The official website is unavailable currently |
Is DECFX Legit？
DECFX seems to operate without any regulatory oversight in Australia.
What Can I Trade on DECFX？
The trading instruments DECFX offers cover the world's most active trading varieties, including metals, oil, and stock.
| Tradable Instruments | Supported |
| Metals | ✔ |
| Oil | ✔ |
| Stock | ✔ |
| Maturity | ❌ |
| Future | ❌ |
| Forex | ❌ |
Trading Platform
| Trading Platform | Supported | Suitable for what types of traders |
| MT4 Windows | ✔ | Experienced traders, scalpers, swing traders, hedge fund managers |
| MT4 Mobile | ✔ | Traders on the go, scalpers, swing traders |
Customer Service
You can reach out to DECFX by email at info@akwsfx.com.
| Contact Options | Details |
| support@bm-cryptofx.com |
The Bottom Line
DECFX offers many different assrts for different trading needs. It also operates with MT4 for both Windows and Mobile users However, lacking regulatory oversight is the biggest concern. Due to this and the limited information on their website, DECFX seems best suited for experienced traders who can conduct their own thorough research.
FAQs
Is DECFX safe？
DECFX operates without regulatory oversight, raising safety concerns. It's best to proceed with caution.
Is DECFX good for beginners？
No. Due to the lack of regulation and potential risks, DECFX is not suitable for beginners. Beginners should prioritize platforms with regulatory oversight and educational resources.
Is DECFX good for day trading？
The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading.
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