When a new broker comes into the market with new and exciting offers, traders run toward that broker and invest in them. But not every broker is trustworthy enough to get back a profit. Some brokers turn out as a scam like DBG Markets. We will explain this claim in this article. Read below to know more.
Is DBG Markets a Licensed Broker?
The first sign for calling DBG Markets a scam is their hide-and-seek regarding their license. When we tried to search on their website, we found nothing about their license. Also, after trying to reach their customer service, we did not get any response. Then, we tried to search on some popular regulatory websites, but the result was zero.
Why Should Not You Trust an Unlicensed Broker?
Trading with an unlicensed broker puts your investment at risk as there is no government oversight to ensure that the broker is operating in a fair and transparent manner. Additionally, unlicensed brokers may not be subject to any regulations regarding customer protection, which leaves traders vulnerable to fraud and scams.
Can DBG Markets Be Trusted?
In reality, we don’t trust a car driver without his/her license, then how can a company without any license or regulation be trusted? Also, the same problems arose from their traders, which will be discussed next.
What Do Traders Think of DBG Markets?
After getting several complaints against DBG Markets, we searched the internet for some reviews. We found only tons of bad reviews about them. They include account bans, holding the withdrawal, shady profit policies, etc.
Scammed by DBG Markets Broker? – Talk To Our Experts
If you suspect that you have been scammed by DBG Markets, it is important to seek expert advice. A professional recovery firm can help you navigate the complex process of recovering your funds and holding the broker accountable for their actions. Do not hesitate to reach out to our experts for assistance.