Decode Global Review 2023 – All We Know About This Company

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We’ve prepared a detailed Decode Global review for customers trading with the brokerage house or considering it. The aim is to show the difference between Australian and offshore entities in terms of regulations, fund safety, and more.

Of course, if you experience any issues with the firm, we’ll show you what to do. Let’s begin.

Decode Global is a brand of Decode Global Group, containing two entities. The first one is registered in Australia as Decode Global PTY Ltd. The second entity is in Vanuatu, signed as Decode Global Limited.

ASIC belongs to a tier 1 zone and is considered one of the firmest authorities. It requires brokers to maintain a minimum capital of 1,000,000 AUD at all times and limit leverage to 1:30 for retail traders due to high risks.

As you can tell, trading under tier 1 authority is preferable. However, ASIC regulation is only valid in Australia, meaning all other clients are registered offshore.

Decode Global is an offshore part of Decode Global Group. The same holding owns another brand registered in Australia.

According to a regulatory database, Decode Global has been active in Australia since 2017 and Vanuatu since 2022.

The company mainly onboards residents of the following countries:

While Australia makes perfect sense, other countries belong to an offshore entity. Additionally, the US has its own respective regulator, and without CFTC or NFA approval, no broker can offer trading services in the country.

Depending on the entity, we have a different offer of Decode Global trading platforms. Offshore clients can use both MT4 and MT5, while in Australia, there’s only MT4 on offer.

However, both are recognized as immense due to the large number of TAs, customizability, access to EAs, social trading, and more. Both belong to MetaQuotes Ltd, with MT4 being released in 2005, while we got MT5 in 2009.

Both platforms offer similar perks and the same level of fund safety. However, MetaTrader 5 has more indicators, and some clients consider it more user-friendly. This is an upgrade we have with the new software.

Both platforms have dedicated mobile apps as well. You can find links for Android, iOS, and Huawei on the offshore site. With an Australian entity, there are links for Windows, macOS, Android, and iOS.

Regardless of the entity, you can trade in 3 asset categories, those being:

The choice is rather limiting. With other brokers, you’d get access to crypto and stocks, while some also offer futures, ETFs, bonds, and more. 

The AU entity’s spreads vary from raw to 1.0 pips, with $3.5 per lot per side commission. Offshore, the starting spread is 1.5 pips, while the Pro account includes a $7 commission.

For the Vanuatu entity, you can choose one of these accounts:

The minimum deposit is $100 for the STD account.

In Australia, you have the following choice of brokerage account types:

As you can tell, the initial sum is slightly higher with the Australian-based firm.

You can trade using your broker’s demo account. You can practice your trading skills, test new strategies, and more with it. 

However, be cautious. Investing in virtual funds cannot be compared to actual money. Risks are different, and your thinking changes. That’s why using a trial account is only recommended for simulating the exact terms of live trading.

The company has listed the following payment options on its offshore website:

Assuming they follow AML policies, the same methods are available for Decode Global withdrawals.

Note that credit cards are missing, and they’re one of the safest payment options. When using your card, you have up to 540 days to request a chargeback if something goes wrong. It’s rather odd that this brokerage doesn’t support such a standard method while allowing crypto investments.

In case of any potential issues with Decode Global, let us know. Global Fraud Protection will evaluate your case during a free consultation.

Share your story today! If we find any evidence of mishandling your funds, we will connect you with our CipherTrace crypto analysts. They can assist in tracking and tracing your digital coins and submitting a refund request.

Decode Global is an Australian broker with an offshore entity. If you have any issues or suspicions regarding your funds, we might be able to help.

Yes, Decode Global offers MetaTrader mobile apps for Android, iOS, and Huawei.

Decode Global VU requires $100, while Decode Global AU requires a $200 minimum deposit.

Decode Global is an Australian broker with an offshore entity. If you have any issues or suspicions regarding your funds, we might be able to help.

Yes, Decode Global offers MetaTrader mobile apps for Android, iOS, and Huawei.

Decode Global VU requires $100, while Decode Global AU requires a $200 minimum deposit.

The post Decode Global Review 2023 – All We Know About This Company appeared first on Global Fraud Protection.

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