DBEX Global is a forex and CFD broker that was founded in 2017. The company is headquartered in St. Vincent and the Grenadines, and it is not regulated by any financial authority.
Company Background
DBEX Global’s website claims that the company has over 100,000 registered traders and that it offers a wide range of trading products, including forex, CFDs, stocks, indices, and commodities. However, there is no evidence to support these claims.
Are dbex.ltd Licensed and Regulated?
DBEX Global is not licensed or regulated by any financial authority. This is a major red flag, as it means that the company is not subject to any oversight or regulation. This could make it difficult for traders to get their money back if something goes wrong.
What Are The Problems of Dealing With Unlicensed Broker?
There are several problems that traders may face when dealing with an unlicensed broker. These include:
- The broker may not be able to provide the promised trading services.
- The broker may not be able to protect the trader’s funds.
- The broker may not be subject to any laws or regulations.
- The trader may have difficulty withdrawing their money.
Products and Packages
DBEX Global offers a variety of trading products, including forex, CFDs, stocks, indices, and commodities. The company also offers a variety of trading packages, which vary in terms of the features and benefits that they offer.
Can Traders Withdraw Their Money?
There have been reports of traders having difficulty withdrawing their money from DBEX Global. Some traders have claimed that the company has refused to process their withdrawal requests, while others have claimed that the company has only processed their withdrawals after a long delay.
Is Their Customer Service Good?
The customer service at DBEX Global is reportedly poor. Some traders have complained that they have been unable to get in touch with customer service representatives, while others have complained that the representatives they have spoken to have been unhelpful or rude.
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If you have been scammed by DBEX Global, you should contact a us to get a quick solution. We will provide you with a free consultation and service recommendations to help you in recovering the lost fund.
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