Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
DBG Markets Pros & Cons
- The demo account doesn't require a deposit, and real accounts can be opened with just $100.
- This broker offers hundreds of assets and doesn't limit its clients' trading choices.
- Traders can choose from three different platforms, and included are their desktop and mobile versions.
- Spreads that start from 0 pips and reasonable transaction commissions keep client costs low.
- There are various funding and withdrawal options, with no transaction fees charged by this broker.
- Users can connect to joint accounts for additional and passive profit.
- Technical support operates around the clock, seven days a week.
- While this broker offers many assets, they are all in the form of contracts for price differences (CFDs).
- Apart from joint accounts, there are no other alternative earning options, such as copy trading and referral programs.
- Residents of Iran, Afghanistan, Belgium, Japan, and several other countries cannot trade with this broker.
DBG Markets is a CFD broker that provides access to markets for currency pairs, stocks, indices, commodities, metals, and cryptocurrencies. It offers a pool of several hundred assets, including a demo account and three real accounts. The minimum deposit is $100, with a maximum leverage of 1:500. Account base currencies include USD, EUR, GBP, AUD, JPY, and CHF. Broker clients can trade through MetaTrader 4, MetaTrader 5, and WebTrader trading platforms. Passive income options include MAM and PAMM joint accounts. Spreads are variable, starting from 0 pips. A trading commission of $5 per lot applies to 2 out of the 3 account types. There are no withdrawal fees, and withdrawal channels include bank transfers, Visa cards, Skrill, WebMoney, Union Pay, and cryptocurrency wallets. Technical support operates 24/7 and is available through multiple channels.
TU Expert Verdict
DBG Markets demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
DBG Markets User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria6 /10The trading and non-trading commissions of DBG Markets have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- No inactivity fee
- No deposit fee
- No withdrawal fee
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of DBG Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Does DBG Markets support RAW/ECN accounts?
As we discovered, DBG Markets does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with DBG Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
DBG Markets Non-Trading Fees DBG Markets OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is DBG Markets Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria8.8 /10DBG Markets has a safety score of 8.8/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Track record of less than 8 years
DBG Markets Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level ASIC
Full Name Australian Securities and Investments Commission Country of regulation Australia Investor Protection Fund No specific fund but has stringent consumer protection Regulation Level Tier-1 FSCA SA
Full Name Financial Sector Conduct Authority of South Africa Country of regulation South Africa Investor Protection Fund No specific fund Regulation Level Tier-2 DBG Markets Security Factors Foundation date 2020 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4.1 /10Typically, if a broker offers multiple real accounts, it makes sense to focus on their parameters before making a choice. However, in the case of DBG Markets, this isn't of great significance. The deposit is the same for all accounts, as are the general trading conditions. The difference lies only in spreads and commissions, but it's not significant enough to draw attention. The trading platforms are more interesting as this broker presents three options, with mobile versions available for MT5/4 solutions, and WebTrader enables browser-based trading. As all these platforms are free, traders are advised to try each and choose the one that’s most suitable. This broker provides a free demo account, allowing users to trade in market conditions without risking their capital. Additionally, users can focus on joint accounts if passive income interests them. To become an investor, one needs nothing more than the desire and sufficient funds.
Account types:
Account Type Description Demo Opens for free, no minimum deposit required, and trading conditions correspond to STP account terms. STP Spreads start from 0.5 pips, with no trading commission, and no withdrawal fee. Flexible leverage up to 1:500. ECN Raw spreads from 0 pips, $5 per lot trading commission, no withdrawal fee. All assets from this broker's pool are available. VIP Spreads start from 0 pips, no trading commission, no withdrawal fee. Direct access to a virtual private server (VPS). If a trader hasn't worked with this broker before, it's advisable to start by opening a demo account. It's an excellent opportunity to explore the platform's capabilities under conditions closely resembling real ones, and the demo allows experimentation with strategies without the risk of financial loss. If the trader is satisfied, they can proceed to open a real account, deposit funds, and start executing full-fledged trades.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology2 /10DBG Markets received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
DBG Markets offers limited payment options and accessibility, which may impact its competitiveness.
- Low minimum withdrawal requirement
- No deposit fee
- No withdrawal fee
- Minimum deposit below industry average
- Limited deposit and withdrawal flexibility, leading to higher costs
- Only major base currencies available
- USDT payments not accepted
What are DBG Markets deposit and withdrawal options?
DBG Markets offers a limited selection of deposit and withdrawal methods, including . This limitation may restrict flexibility for users, making DBG Markets less competitive for those seeking diverse payment options.
DBG Markets Deposit and Withdrawal Methods vs Competitors DBG Markets Plus500 OANDA Bank Wire YesYesBank card YesYesPayPal YesYesWise NoNoBTC NoYesWhat are DBG Markets's minimum deposit and withdrawal amounts?
The minimum deposit on DBG Markets is $100, while the minimum withdrawal amount is $0. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact DBG Markets’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.3 /10DBG Markets offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 55 Forex pairs.
- Crypto trading
- 55 supported currency pairs
- Indices trading
- Futures not available
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by DBG Markets with its competitors, making it easier for you to find the perfect fit.
DBG Markets Plus500 OANDA Currency pairs 55 60 68 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 100 2800 129 Stocks YesYesYesCommodity futures YesYesYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesYesYesStock indices YesYesYesOptions NoYesNoInvestment options
We also explored the trading assets and products DBG Markets offers for beginner traders and investors who prefer not to engage in active trading.
DBG Markets Plus500 OANDA Bonds NoNoYesETFs NoYesNoCopy trading YesNoYesPAMM investing NoNoManaged accounts NoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at DBG Markets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10We successfully registered an account with DBG Markets in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at DBG Markets is $100. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Fully online account opening process
- Quick KYC verification (1 business day or less)
- Fast registration time (up to 15 minutes)
- Account setup process may feel less convenient for beginners
DBG Markets account opening DBG Markets Plus500 OANDA Online Registration YesYesYesMinimum deposit $100 $100 $0 Mandatory KYC YesYesYesRegistration time (min) 7 10 KYC time (days) 1 3 3 Is DBG Markets available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To collaborate with this broker, register on their website, go through the verification process, open a real account, and make a deposit. Then all that's left is to download the trading platform, install it on your device, and you can start trading. TU experts have prepared the below guide with a detailed description of each step, as well as an overview of the capabilities of the user account.
Go to this broker's website. Click on “Open an Account” or “Start Trading”.
Enter your email, and create and provide a password. Enter your name and phone number. Click on the “Verification” button. A verification code will be sent to your specified email. Enter it in the corresponding field. Click “Register”.
Choose your country from the list. Specify your region and city, and enter your postal code and birth date. Click “Next”.
Select the type of document to verify your identity and enter its number. Upload a scan or a photo of the document. Specify the wallet type (bank account or cryptocurrency wallet). Provide details according to the selected wallet type. If you chose a bank card, upload scans/photos of its front and back sides. Click “Finish”.
An email with your registration details will be sent to your inbox. Enter these details on the login page and also provide the code that will be displayed next to the input field.
In the user account, open a real account, then select the deposit option, specify the deposit method, and follow the on-screen instructions. Next, go to the section with trading platform distributions and download the suitable one. Install it, launch the platform, and you can start trading.
Your DBG Markets’ user account also provides access to:
- Open and close accounts (including demo).
- Get statistics for active and archived accounts.
- Deposit and withdraw funds, and make internal transfers.
- Open joint accounts and join them.
- Track their points, and exchange them for gifts.
- Check your position in trading contests.
- Download MT trading platform distributions.
- Trade through the WebTrader platform.
- Edit personal information.
- Set account security parameters.
- Contact client support through any available method.
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Customer Support
Score:We evaluated Customer Support at DBG Markets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria5.4 /10Customer support at DBG Markets is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.
During testing, response times were moderate, and communication depended on the complexity of the request. DBG Markets provides basic support functionality but does not stand out in overall service performance.
InformationCan funds be deposited using an MC card? Will there be a fee for withdrawing to a BTC cryptocurrency wallet? What is the spread on the VIP account and is there a trading fee associated with it? Traders might have numerous questions. Furthermore, inquiries are sometimes prompted by real trading issues. In such moments, a trader values a prompt and knowledgeable response from the technical support team. DBG Markets' client service is available 24/7, which means that you can reach out to managers even during nights and weekends. The current communication channels include a call center, email, live chat, and tickets on the website. Clients of this broker have no complaints about the support service's performance.
- No registration is required to contact client support
- Several communication channels are available
- Managers are available even during weekends and nights
- The call center is often overloaded during peak hours
If you are already trading with this broker or considering starting a collaboration and have a question, you may contact tech support and it will provide a prompt and competent response using the following channels:
- Phone.
- Email.
- Live chat on the website and in the user account.
- Ticket on the feedback form page.
The most responsive communication options are the phone and live chat. Email responses typically arrive within 2 hours.
Contacts Foundation date 2020 Registration address Room 1804 Beverly House, 93-107 Lockhart Road, Wan Chai, Hong Kong
Govant Building, BP 1276, Port Vila, Vanuatu
First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the GrenadinesRegulation ASIC, FSCA Official site https://www.dbgmarket.net/ Contacts support@dbgm.com +27 0861888221
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FAQs
What does the regulation and safety assessment say about DBG Markets?
DBG Markets has a safety score of 8.8/10, which corresponds to a high security level in this review. It is regulated by ASIC in Australia (Tier-1) and FSCA in South Africa (Tier-2), offers negative balance protection, and requires KYC verification, although its track record is less than eight years, as it was founded in 2020.
How are DBG Markets’ commissions, spreads, and non-trading fees evaluated in the review?
DBG Markets receives a fees score of 6/10, indicating medium overall fee levels, with noted advantages such as low Forex trading fees and no deposit, withdrawal, or inactivity fees. The broker does not offer RAW/ECN accounts, and exact spread or commission figures are not specified in this section.
What do user reviews and feedback say about DBG Markets’ service quality?
DBG Markets has a user satisfaction score of 3.3/10 based on three reviews, with 67% of ratings at 2 stars and 33% at 1 star. According to user reviews, overall feedback is mostly negative in this section.
How does DBG Markets handle trading account opening and verification?
The account opening process at DBG Markets is described as accessible and fast, with online registration taking about 7 minutes and KYC verification completed within 1 business day, and a minimum deposit of $100. The review notes advantages such as low minimum deposit and quick verification, while mentioning that the setup process may feel less convenient for beginners.
What feedback is provided about DBG Markets’ customer support and contact options?
Customer support at DBG Markets is available 24/7 via phone, email, live chat, and website tickets, with no registration required to contact the team. The review notes that response speed and service quality may vary, with the call center sometimes overloaded during peak hours, while also stating that clients have no complaints about support performance in this section.
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