✔️ Information reviewed and updated in November 2024 by Eduardo López
IS DMG Markets TRUSTED? REVIEWS
CONTENT
- 1 IS DMG Markets TRUSTED? REVIEWS
- 2 ℹ️ BROKER INFORMATION:
- 3 📞 LIST OF PHONE NUMBERS:
- 4 💵 ACCOUNTS AND DEPOSITS:
- 5 🌍 OFFICIAL WEBSITE:
- 6 ⭐ DMG Markets Review:
- 7 💬 WHAT TO THINK ABOUT A COMPANY LIKE DMG Markets?:
- 8 📣 LATEST UPDATES:
- 9 ✔️ CLAIM MONEY FROM DMG Markets:
- 10 🚨 REPORT DMG Markets:
- 11 ❓ FAQS – FREQUENTLY ASKED QUESTIONS:
In this post I am going to review DMG Markets. Is DMG Markets (with website dmgmarkets.com) a reliable broker for trading stocks, forex, cryptocurrencies, commodities, ETFs and bonds? Is it safe to invest your capital in this company? I will go into more detail about the analysis of this company.
I am going to explain to you why I think that DMG Markets IS NOT A SAFE COMPANY AND IS NOT RELIABLE. BEWARE OF COMPANIES LIKE THIS!
ℹ️ BROKER INFORMATION:
I would like to highlight two key aspects, (1) the most relevant is its regulation and (2) its headquarters. These are essential factors to evaluate the seriousness and reliability of any company.
Is the company unregulated or under unreliable regulation? Does it not clearly state its location or is it in a questionable location? These are questions that any investor should ask themselves to assess the trustworthiness of a company.
Information | About the company |
---|---|
❓ Company type | Stock, Forex, Commodities, Cryptocurrency, ETFs and Bonds Broker |
🕑 Age of the website | The site was registered on: August 06, 2022 (recent) |
🛡️ Regulator | UK Financial Conduct Authority (FCA) (fake) |
???? Live Chat | Yes |
️ ️ Phone number | +44(20)4362-8639 |
[email protected] | |
???? Address | 18 Noel St, London W1F 8QF, United Kingdom |
🌐 Website | dmgmarkets.com |
(I.e. Payment | Payment methods are not detailed. |
📄 Attend the event | Registered in the UK under number 983217 |
📞 LIST OF PHONE NUMBERS:
+44(20)4362-8639
💵 ACCOUNTS AND DEPOSITS:
Below is a brief breakdown of the account types available at DMG Markets. They are categorized into 3 account types. Here is a table with key information about the minimum deposit required for each account.
Type of accounts | Minimum initial deposit |
---|---|
VIP | $10,000 |
Starter | $1,000 |
PRO | $5,000 |
???? OFFICIAL WEBSITE:
Here you can check the company's website along with a small evaluation of it:
- The domain “dmgmarkets.com” was registered on August 06, 2022, which indicates that the site has a short history. 🚩
- The website claims to belong to “DMG Property Management Limited“, but no record of this company has been found. It could be a fake entity. 🚩
- It is mentioned that the company is regulated in the UK, which seems not to be true, as it pretends to be a regulated entity. 🚩
⭐ DMG Markets Review:
After conducting a detailed study of the company, I have come to the following conclusions:
1) The company claims to be based in the UK, but there are indications that this is not true. My advice is to be very cautious.
2) Although it claims to be regulated in the UK, this appears to be a false claim and it does not have the proper authorisation.
3) The company has been in operation for a very short time. For example, the domain “dmgmarkets.com” was registered on August 6, 2022, which makes it extremely recent.
4) The online reputation of this company is very negative. Multiple complaints have already been reported from its customers.
5) The company has been singled out by several financial authorities, including the FCA (UK Financial Authority), which shows that it is not a safe place to invest. Be very careful.
“I honestly do not recommend investing in this company. They falsely claim to be regulated in the UK and claim to be owned by a company called DMG Property Management Limited, which does not seem to be legitimate. Therefore, I cannot suggest trusting them.”
💬 WHAT TO THINK ABOUT A COMPANY LIKE DMG Markets?:
DMG Markets is a broker with clear signs of being unreliable. The website “dmgmarkets.com” was registered on August 6, 2022, which indicates that it has a very limited track record in the market. This can be a red flag for investors, as brokers with a short history often have insufficient track record to assess their reliability.
One of the most worrying aspects is that DMG Markets claims to be owned by “DMG Property Management Limited”, but no record of this entity has been found, suggesting that it could be a shell company. Furthermore, the company claims to be regulated in the United States and the United Kingdom, but this claim appears to be false. There is no evidence that it has adequate oversight from any regulatory authority in these countries, which raises questions about its legitimacy.
DMG Markets’ online reputation is mostly negative, with several customer complaints about its reliability. Furthermore, it has been reported by the FCA (Financial Authority of the United Kingdom) for posing as a regulated broker, which confirms suspicions about its lack of credibility. Despite its claims, it is clear that this company is not a safe option for investors. It is recommended to avoid any dealings with DMG Markets and consider safer and more regulated options.
📣 LATEST UPDATES:
1) Update September 2024: la FCA, UK Financial Authority , has sued DMG Market for posing as an FCA regulated broker.
✔️ CLAIM MONEY FROM DMG Markets:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can recover your capital.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT DMG Markets:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
DMG Markets is a broker that offers investors the opportunity to trade over 300 financial assets. These include stocks from major technology companies such as Apple, Microsoft, Google and Amazon, as well as forex, commodities, indices and cryptocurrencies. Users can choose from different account types, each with specific leverage conditions and trading volumes.
Based on the observed characteristics of the company, DMG Markets could be considered to present serious risks. Several signs suggest that this company is not trustworthy, which could put investors' funds at risk. It is important to do your research and act with caution.
DMG Markets does not seem to be a reliable option for investors. The company's practices and characteristics indicate that it may not offer the necessary level of security. It is recommended to do your research before considering any investment.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month. .
If you have lost your money or been scammed, I recommend you try the capital recovery service.
This broker will not get your money back. I tell you from OWN experience, they steal everything you send! Do not fall into the trap, I know you will thank me.
Hi Jack, DMG Markets is a SCAM, we are receiving many complaints from investors, they do not return the money, you should never invest in an unREGULATED broker.
They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).
When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.
If you want to recover the money, you can do so by filling out the form at this link and they will call you to assess your case at no cost: Get your money back, we are with you
Greetings.