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0 1 2 3 4 5 6 7 8 9
/10

Duttfx Markets

Comoros Comoros | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.duttfxmarkets.net/

Website

Rating Index

Contact

https://www.duttfxmarkets.net/
Bonovo Road - Fomboni, Island of Moheli, Comoros Union.

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
Comoros
Operating Period
2-5 years
Company Name
Dutt FX Markets Ltd
Email
support@duttfxmarkets.net
Address
Bonovo Road - Fomboni, Island of Moheli, Comoros Union.
Invester.494

Invester.494

Unverified

Pakistan

I'm here after having an experience of more than 3 months. I got connected with this platform through a guy named Khalid approached me and I started trading on different instruments specifically Tesla, Nvidia, Gold and Crude Oil. They've guided me really well and through the fluctuations I've secured my money within 3 weeks. And I'm still trading with them and taking the profits.

Positive

Positive

FX1162477187

FX1162477187

Unverified

United Arab Emirates

I just wanted to take a moment to express my appreciation for the exceptional trading platform you provide. Your user-friendly interface and advanced tools make trading a seamless experience. The insights and resources available have significantly enhanced my trading journey, and I truly value the support your team offers. Thank you for your dedication to creating a reliable and innovative platform!

Positive

Positive

Zebedee Pucklechurch

Zebedee Pucklechurch

Unverified

Nigeria

Disappointed with Duttfx Markets. Upgraded to Gold, but the promised benefits didn't stand out. MT4 feels outdated, and account differentiations lack substance. Customer support response was slow. Exploring other platforms for a better experience.

Neutral

Neutral

  Una丶Daddy

 Una丶Daddy

Unverified

Peru

Duttfx Markets exceeded my expectations! I upgraded to Platinum and love the flexibility of their Diamond, Platinum, Gold, and Silver accounts. The MT4 platform is user-friendly, and their customer support is top-notch. Highly recommended!

Neutral

Neutral

4
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Official Website

Verified Site

  • duttfxmarkets.net
    92.205.12.101
    Server Location
    France France
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
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    Website Name
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Duttfx Markets

Related Companies

DUTT FX MARKETS LTD(United Kingdom)
United Kingdom
DUTT FX MARKETS LTD(United Kingdom)
Deregistered
United Kingdom
Registration No. 08195854
Est. Date
Source Official Statement
Employees

Company Profile

Company Profile

Review summary

Duttfx MarketsReview Summary
Founded2020
Registered Country/RegionComoros
RegulationNo regulation
Market InstrumentsForex, Commodities, Cryptocurrencies, Stocks
Demo Account
LeverageUp to 1:500
SpreadFrom 1.4 (STANDARD ACCOUNT)
Trading PlatformMT5
Min Deposit$1000
Customer SupportEmail: support@duttfxmarkets.net
Social Media: Facebook, Instagram, Linkedin
Physical Address: Bonovo Road - Fomboni, Island of Moheli, Comoros Union.

Duttfx Markets Information

Duttfx Markets, a brokerage incorporated on Comoros in 2020. It offers products including forex, commodities, cryptocurrencies and stocks. There are also 3 types of accounts that can be traded through MT5. Currently, the broker is not regulated.

Duttfx Markets Information

Pros and Cons

ProsCons
The number of tradable instruments is largeNo regulation
MT5 is availableMinimum deposit is as high as $1000
Support commission-free tradingDemo accounts are not available

Is Duttfx Markets Legit?

Duttfx Markets registered its official website in 2020. It is currently unregulated.

Is Duttfx Markets Legit?
Is Duttfx Markets Legit?

What Can I Trade on Duttfx Markets?

With Duttfx Markets, you can trade 4 asset classes in major markets: 200 currency pairs, including large, small and cross currencies. 25 cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dash and Ripple.

There are also UK, US and European markets that hold more than 65 popular stocks, including Amazon and Boeing. The 20 commodities include metals (gold, silver, copper) and energy (crude oil, natural gas).

Tradable InstrumentsSupported
Forex
Commodities
Cryptocurrencies
Stocks
Indices
Bonds
ETF
What Can I Trade on Duttfx Markets?

Account Types

Duttfx Markets has 3 types of accounts: STANDARD ACCOUNT, ELITE ACCOUNT and PRO PLAN.

Among them, the minimum deposit requirement is $1000, and the maximum leverage is 1:500.

Account TypesSTANDARD ACCOUNTELITE ACCOUNTPRO PLAN
Min Deposit1000$15000$50000$
SpreadFrom 1.4From 0.9From ALS 0.2
CommissionNoNoUSD 60 per 1 Mill USD
Leverage1:5001:5001:100
Swap Free ChargesNoNoNo
Trading Instruments128 Instruments128 Instruments128 Instruments
Trading Account CurrencyUSDUSDUSD
Minimum Trade Size0.01 for Forex & Metals0.01 for Forex & Metals0.01 for Forex & Metals
Trading PlatformMeta Trader 5Meta Trader 5Meta Trader 5
Account Types

Duttfx Markets Fees

The spread of 3 types of accounts started at 1.4,0.9, and 0.2, respectively. Only PRO PLAN charges commission USD 60 per 1 Mill USD, the remaining 2 types of accounts do not charge commission. In addition, none of the three accounts are exempt from swaps.

Trading Platform

The trading platform offered by Duttfx Markets is MT5, which is available on desktop as well as mobile.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Desktop, MobileSkilled traders
MT4
Trading Platform

Deposit and Withdrawal

The main payment methods supported are: Fastpay, Mastercard, NETRLLER, PalPal, Skrill, BANK TRANSFER.

Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

Investors Accuse Duttfx Markets of Scam: What You Should Know

Exposure Investors Accuse Duttfx Markets of Scam: What You Should Know

Duttfx Markets has been tagged as a ‘Scammer’ for its illegal forex trading business. Investors have been complaining about this Comoros-based forex broker on several review platforms. Withdrawal denials, pressure to make more deposits, trading manipulation, and account blocking are some raging issues affecting investors here. Read this exposure story to find out the truth.

Duttfx Markets, real or fake?

Exposure Duttfx Markets, real or fake?

Duttfx Markets presents itself as a broker registered in the Comoros, boasting a trading experience of 2-5 years.

Wiki Q&A

How is the fund security of Duttfx Markets evaluated?

Duttfx Markets demonstrates a high-risk profile with a low overall WikiFX score of 1.42, primarily driven by its lack of credible regulatory oversight, as it is registered in Comoros and does not hold valid licenses from any major financial authorities.

04-02
United States

Is Duttfx Markets suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose Duttfx Markets or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with Duttfx Markets?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

¿Cuáles son los organismos reguladores de forex más comunes?

Entre los organismos reguladores más comunes se encuentran la Financial Conduct Authority (FCA), la Australian Securities and Investments Commission (ASIC), la Commodity Futures Trading Commission (CFTC), la Securities and Exchange Commission (SEC), la Cyprus Securities and Exchange Commission (CySEC) y la Monetary Authority of Singapore (MAS). Estos organismos suelen aplicar estándares regulatorios estrictos. En WikiFX es posible consultar clasificaciones de brókers según su entidad reguladora.

Three days ago

Bagaimana cara mengidentifikasi broker dengan profil risiko tinggi?

Broker dapat dinilai memiliki profil risiko tinggi dengan mempertimbangkan status regulasi, keluhan pengguna, keamanan dana, serta konsistensi informasi publik yang tersedia. Broker tanpa regulasi valid, yang sering mengalami masalah penarikan dana, atau memiliki banyak keluhan pengguna biasanya menunjukkan tingkat risiko yang lebih tinggi. Informasi tersebut dapat diperiksa melalui WikiFX untuk membantu evaluasi secara lebih komprehensif.

Three days ago

¿Qué es WikiFX y cómo puede ayudar a los inversores?

WikiFX es una plataforma independiente que proporciona servicios de consulta de información sobre brókers de divisas y alertas de riesgo. Integra datos regulatorios, comentarios de usuarios y registros históricos, y realiza evaluaciones mediante un modelo multidimensional para ayudar a los inversores a comprender la situación general de un bróker y sus posibles riesgos. Este tipo de herramientas permite realizar una verificación preliminar antes de elegir un bróker.

Three days ago

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

Three days ago
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