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DidyFX- Spreads and Leverage Details about This Broker

WikiFX | 2021-11-05 18:53

Abstract:DidyFX is an online broker registered in United Kingdom, with its actual address, founding time undisclosed to all. DidyFX is owned and operated by a company called GO Partners Ltd, and this company obviously doesnt fall under any regulatory agencies. Therefore, DidyFX is an unregulated broker that traders should stay away from.

General Information & Regulation

DidyFX is an online broker registered in United Kingdom, with its actual address, founding time undisclosed to all. DidyFX is owned and operated by a company called GO Partners Ltd, and this company obviously doesnt fall under any regulatory agencies. Therefore, DidyFX is an unregulated broker that traders should stay away from.

Market Instruments

Tradable financial instruments available on the DidyFX platform include forex currency pairs, indices, commodities, stocks as well as metals.

Minimum Deposit

When it comes to the minimum initial deposit, DidyFX doesnt make this clear. Most brokers would ask traders to deposit $100-$200 for the first time.

Leverage

Trading leverage information is not provided either. Forex traders often use leverage to profit from relatively small price changes in currency pairs. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spreads & Commissions

In terms of spreads and commissions, or trading costs, there is no related information displayed on the DidyFX website. Unregulated brokers or illegal brokers tend to hide their actual trading fees to scam traders.

Trading Platform Available

When it comes to trading platforms available, DidyFX does provide its offers the widely recognized MT4 trading platform.

Deposit & Withdrawal

DidyFX doesnt tell us deposit and withdrawal payment methods it offers. Not sure if common ways like wire transfer and debit/credit card is supported by this broker.

DidyFX

Related broker

No Regulation
DidyFX
Company name:GO Partners Ltd
Score
1.55
Website:https://didyfx.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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