On the contrary, the broker is under investigation as we are writing our Dbg-coltdfx Review. Read our analysis to learn how these fraudsters operate and how to recover your funds in case you experience withdrawal issues.
DBG-coltdfx is not regulated by any financial regulatory authority. The website claims that the brokerage business is based in Hong Kong, which is most likely a lie since there’s no legal documentation.
Therefore, DBG-coltdfx is definitely not a safe option for trading. Forget about this platform and try to find a licensed provider that’s regulated by a reputable financial regulator such as the FCA (UK), CFTC & NFA (US), ASIC (Australia), BaFin (Germany), IIROC (Canada), etc.
If you need help finding the right broker for you, we offer our professional services.
To reiterate, DBG-coltdfx is currently being investigated by the German BaFin, meaning the dubious broker is not compliant with the regulations in force in the European Economic Area. And given DBG-coltdfx’s unlicensed status, this platform is not eligible to offer services at all.
DBG-coltdfx offers an oversimplified web-based platform. We got a preview and it looks pretty unpolished and lackluster, without any advanced tools that would facilitate your trading experience.
In case you’re having issues with DBG-coltdfx, we can help you solve them.
The maximum leverage that DBG-coltdfx offers is 1:100. In general, fraud brokers offer high leverage to magnify profits, disregarding the safe regulatory caps in force in Europe (1:30) or North America (1:50).
DBG-coltdfx’s web platform supports popular trading instruments such as Forex currency pairs, CFDs on indices, stocks, and commodities, and cryptocurrencies.
The broker claims that the spreads and commissions vary depending on the account type. Thus, the ECN account type offers thigh spreads as low as 0.1 pip and charges a 10 USD commission per trading lot.
The cyber trickster did not disclose the available payment methods. As we mentioned, the website features no legal documentation, payment policies, etc. Thus, the deposit and withdrawal fees are unknown. The minimum deposit requirement is also a mystery.
Do not count on DBG-coltdfx to give you a refund or anything like that. For any problems and issues with the platform, you need to contact professionals you can trust.
If you deposited funds via MasterCard and VISA credit/debit cards or wire transfers, you can request a chargeback, i.e. a recall. It can be done at the issuing bank within 540 days of the transaction. We can guide you through the process but first, you must book a consultation with us.
DBG-coltdfx is an anonymous scam broker that allegedly offers Forex and CFD trading services mainly to traders from the US, Thailand, and Japan.
This platform is unregulated and blacklisted by BaFin so please do not invest money in it. In case you already have and have fallen victim to the DBG coldtfx scam, book a free consultation with Global Fraud Protection. We have a team of skillful professionals who can assist you with the chargeback and the fund recovery process.
Book your free consultation today and start the chargeback process.
DBG-coltdfx claims to be a legit Forex and CFD trading platform but in reality, it’s a scam.
Absolutely not. The DBG-coltdfx platform has been blacklisted by the German regulator BaFin.
DBG-coltdfx did not reveal that information. We are here to help you get your money back.
DBG-coltdfx can only be contacted via email. There is no phone number or web form.
The post Dbg-coltdfx Review: Exposing The Scammer’s Cunning Disguise appeared first on Global Fraud Protection.
