DMT Tech Limited Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-12-08 12:21

Abstract：　Established in 2022, DMT Tech Limited is a FinTech startup headquartered in the Republic of Seychelles, specializing in mobile trading solutions for global retail brokers. DMT offers a diverse range of trading assets. Advantages include a user-friendly platform and global accessibility. However, potential disadvantages may arise from the absence of regulatory oversight, requiring users to exercise caution. For precise information on regulatory status, users should refer to the latest updates from DMT Tech Limited.

　　Note: DMT Tech Limiteds official website: https://dmttech.co is currently inaccessible normally.

DMT Tech Limited Review Summary
Founded	2022
Registered Country/Region	United Kingdom
Regulation	Not regulated
Market Instruments	Forex, Precious Metals, Energies, Agricultural Products
Demo Account	✅
Leverage	Up to 1:500 for forex pairs
Spread	Forex pairs starting at 0.6 pips
Trading Platform	Derivatives Market Trading Platform
Min Deposit	$100
Customer Support	Email: support@dmttech.co

DMT Tech Limited Information

　　DMT Tech Limited, based in the UK, offers forex, commodities, and agricultural products trading since 2022. Although its platform is user-friendly and offers tight spreads, the company is unregulated, so customers should be aware of the trading risks.

Pros and Cons

Pros	Cons
User-friendly trading platform	Not regulated
Tight spreads starting from 0.6 pips	Limited customer support options
Demo account availability for practice	Quality of support responsiveness varies

Is DMT Tech Limited Legit?

　　The unregulated DMT Tech Limited poses a risk to investors. It does not hold any licenses from known regulatory bodies like FCA or ASIC.

　　Domain dmttech.co was registered on November 1, 2022, and expires November 1, 2027. The last update was August 24, 2023.

What Can I Trade on DMT Tech Limited?

　　DMT Tech Limited offers many tradable assets in different markets.

Tradable Instruments	Supported
Forex	✅
Commodities	✅
Crypto	❌
CFD	✅
Indexes	✅
Stock	❌
ETF	❌

Account Types

　　DMT Tech Limited offers one account.

Feature	Standard Account
Minimum Deposit	$100
Spreads	From 0.6 pips on forex pairs
Leverage	Up to 1:500 for forex pairs
Commission	$3 per lot traded
Execution	Market Execution
Demo Account	✅
Suitable For	All traders, including beginners and experts

Leverage

　　The platform lets 1:500 leverage, therefore boosting trading capacity. Users have to control risk that heavy leverage generates.

DMT Tech Limited Fees

　　Trading Fees: Forex pairs start at 0.6 pips, competitive spread.

　　Lot trading commission: $3.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
Derivatives Market Trading Platform	✔	Desktop/Mobile	Beginners and experienced traders

Deposit and Withdrawal

　　DMT Tech Limited does not charge fees for deposits. The minimum deposit required to start trading is $100.

　　Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
Credit/Debit Cards	$100	None	Instant
Bank Transfer	$100	Varies	1-3 Business Days
E-wallets (Skrill/Neteller)	$100	None	Instant

　　Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
Credit/Debit Cards	$100	Varies	1-3 Business Days
Bank Transfer	$100	Varies	2-5 Business Days
E-wallets (Skrill/Neteller)	$100	None	Instant