DUMBLL-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

DUMBLL is an online forex and CFD broker registered in the United Kingdom, offering more than 60 currency pairs, with spreads as low as 0.0 pips. DUMBLL Ltd is authorized and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), with Regulatory License No. M21823009.

Market Instruments

DUMBLL offers its clients to a bulk of more than 850 trading instruments. Different classes of trading instruments including Forex exchange, commodities, Indices and Cryptocurrencies are all available on the brokerage platform.

Minimum Deposit

DUMBLL does not tell us its minimum initial deposit requirement. In most cases, most brokers require traders to fund at least $100 or the equivalent amount to start real trading.

Leverage

The maximum trading leverage is up to 1:500, which is a generous offering. this leverage is ideal for professional traders and scalpers, as it presents more overall trading flexibility, which directly impacts profitability.

Spreads & Commissions

DUMBLL offers a commission-free trading environment. The minimum spread offered by DUMBLL is as low as 0.0 pips, but we have no idea about the detailed spread condition on particular instruments.

Minimum Trade Size

The minimum trade size allowed by DUMBLL is 0.01 standard lot, which sounds quite friendly to beginners.

Trading Platform Available

DUMBLL provides traders with the industry-recognized MT5 trading platform, available on PC and Mobile devices, supporting EA (Expert Advisors) automated trading.

Deposit & Withdrawal

In terms of payment methods available, DUMBLL support traders to fund their accounts through Bank Transfer and Credit Card.

Customer Service

The DUMBLL customer support team can be reached through email: support@dumbll.com.