DCFX
This broker does not accept traders from United States.
DCFX is a global forex and CFD broker. The broker offers standard retail trading services from its global branch, as well as innovative technology and prime liquidity solutions for professional clients from its UK branch. Depending on location, traders can access up to 80+ forex, indices, cryptos, commodities and futures on the MetaTrader 5 platform.
| Min. Trade | 0.01 Lots |
| Regulated By | FCA |
| Mobile Apps | iOS & Android |
| Currencies | USD, EUR, GBP |
CFD
CFDs are available with high leverage up to 1:1000 at the global branch, covering forex, commodities, indices, stocks and cryptos. Minimum deposits start from $30, though I found that experienced traders who can deposit $3000 will access the most competitive Raw CFD spreads. I was glad to see the MT5 platform available for all clients, which offers comprehensive charting features.
| FTSE Spread | From 0.0 |
| GBPUSD Spread | From 0.0 |
| Oil Spread | From 0.0 |
| Stocks Spread | From 0.0 |
| Leverage | 1:30 (UK Standard), 1:100 (UK Zero), 1:1000 (Global) |
Forex
My tests uncovered around 30 currency pairs at DCFX, spanning all the popular majors and minors with zero commissions. This selection is below the industry average, however, very competitive raw spreads from 0.0 pips are available for experienced clients thanks to the broker’s prime liquidity aggregation engine. I’m also pleased to see comprehensive forex market news updates from top-tier sources including Bloomberg.
| GBPUSD Spread | From 0.0 |
| EURGBP Spread | From 0.0 |
| EURUSD Spread | From 0.0 |
| Assets | 25+ |
Cryptos
I found 8 of the most popular crypto USD pairs available for global clients only, including BTCUSD, ETHUSD and SOLUSD. This isn’t the widest range but aligns with most similar brokers. Commissions are 0.4% per lot for both account types and I was pleased to see that all trading strategies and styles are permitted in the MT5 platform.
| Coins | BTC, BCH, ETH, LTC, DOT, AVA, BNB, SOL |
| Spread | From 0.1 |