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Douglas

Douglas | 2024-11-26 17:20

Abstract:  Douglas is a broker. The tradable instruments with a maximum leverage of 1:200 include forex straight pairs, forex cross pairs, gold, silver, index, and crude oil. The broker also provides three accounts, including standard accounts, professional accounts, and IB accounts. The minimum deposit is $1,000. Douglas is still risky due to its unregulated status.

Douglas Review Summary
Founded2-5 years
Registered Country/RegionHong Kong
RegulationUnregulated
Market InstrumentsForex straight pairs/Forex cross pairs/Gold/Silver/Index/Crude oil
Demo Account❌
LeverageUp to 1:200
SpreadTight spreads and deep liquidity
Trading PlatformMT5(Web/Desktop/Mobile/Windows)
Min Deposit$1,000
Customer SupportEmail: services@douglas-forex.com

Douglas Information

Douglas is a broker. The tradable instruments with a maximum leverage of 1:200 include forex straight pairs, forex cross pairs, gold, silver, index, and crude oil. The broker also provides three accounts, including standard accounts, professional accounts, and IB accounts. The minimum deposit is $1,000. Douglas is still risky due to its unregulated status.

Douglas Information

Pros and Cons

Pros Cons
MT5 availableUnregulated
Leverage up to 1:200Demo account unavailable
Various tradable instrumentsNo 24/7 customer support
Inaccessible office website
Unspecific fees/payment information

Is Douglas Legit?

Douglas is not regulated, making it less safe than regulated brokers.

Is Douglas Legit?
Is Douglas Legit?

What Can I Trade on Douglas?

Traders can choose different investment directions because the broker provides traders with access to forex straight pairs, forex cross pairs, gold, silver, index, and crude oil.

Tradable Instruments Supported
Forex straight pairs✔
Forex cross pairs✔
Gold✔
Silver✔
Index✔
Crude oil✔
Shares❌
Cryptocurrencies❌
Precious Metals❌
Stocks❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on Douglas?

Account Type

Douglas has three account types: standard account, professional account, and IB account.

Account Type Supported
Standard Account✔
Professional Account✔
IB Account✔
Account Type

Leverage

The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.

Leverage

Trading Platform

Douglas has an authoritative MT5 trading platform available inWeb, Desktop, Windows, and Mobile(iOS&Android)versions. Traders with rich experience are more suitable for using MT5.

Trading PlatformSupported Available Devices
MT5✔Web/Desktop/Windows/Mobile(iOS&Android)
Trading Platform
Trading Platform

Deposit and Withdrawal

The minimum deposit is $1,000. Deposit and withdrawal can be made via bank transfer, and the cooperating banks include UBS, Goldman Sachs, DNP PARIBAS, CREDIT SUISSE, BARCLAYS, and J.P. Morgan.

Deposit and Withdrawal
Deposit and Withdrawal

Customer Support Options

Traders can communicate via email. However, more efficient contact methods such as phone calls and online chats are not provided. Besides, specific customer support schedules are unclear.

Contact Options Details
Email services@douglas-forex.com
Supported Language English/Chinese
Website Language English/Chinese
Physical Address UNIT NO.A222,3F,HANG FUNG INDUSTRIAL BUILDING,PHASE2,NO.2G HOK YUEN STREET,HUNGHOM,HK
Customer Support Options

Related broker

No Regulation
Douglas
Company name:Douglas Financial Limited
Score
1.45
Website:https://douglas-forex.com/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.45

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