DF Markets review
About the company:
DF Markets is located in London and offers a wide range of financial instruments: from currencies, gold and silver to a variety of CFDs on different asset classes.
Company. Funds security
The company behind the brand, Delta Financial Markets Ltd., is authorized and regulated by the most reliable EU financial regulator - the Financial Conduct Authority (FCA) since 2011.
All FCA-regulated companies are required to follow the stringent rules and procedures set by the UK financial controller: they must keep all clients’ money separated from the company's own funds in segregated accounts; they must regularly report to FCA; they are obliged to hold net tangible assets amounting to at least €730,000 in order to prove their financial stability.
Besides, FCA-regulated companies provide their clients with Financial Services Compensation Scheme (FSCS). In the event of a shortfall, FSCS is able to cover a loss up to £50,000.
Clients of DF Markets are offered a single forex trading account type with fixed and variable spreads. You should keep in mind that the variable spreads usually increase during major news releases.
DF Markets’s single trading account leverage is up to 1:200 with micro lots available.
Minimum initial deposit
You can start with as little as EUR/GBP/USD 1; however, you should keep in mind that at a maximum leverage of 1:200 you won't be able to open any sensible positions with such a small amount.
Spreads and commissions
DF Markets offers both fixed (2.0 pips on EUR/USD) and variable spreads (from 0.8 pips on EUR/USD). Other UK-based brokers offer better spreads for this pair (0.8 pips and no commission applies). For further information, you can look up our rating.
The maximum leverage rates at DF Markets are up to 1:200. Such leverage is considered standard, although a number of brokers offer leverage from 1:500.
Trading with DF Markets is possible only via the broker's own platform DFTrader, which is available in three versions - desktop, web, and mobile.
DFTrader platform is packed with powerful trading tools, a professional graphics package with over 80 technical indicators and intuitive functionality. The platform is easy to use by a novice trader but it is also comprehensive enough to meet the needs of more experienced users. It also has a tool for semi-automated trading.
The support service is available via phone, e-mail, and fax.
You can use bank transfer and debit/credit cards.
When depositing funds by cards, the broker charges a commission of 2.0%.
The broker independently converts the deposited funds if they were transferred to the customer account in a non-base currency.
DF Markets 1/10 (votes 2185)