BrokersView has Reviewed that DMA Capitals is an Unregulated Broker According to its website, DMA Capitals is located in St. Vincent and the Grenadines. However there is no matching information was found in the FINANCIAL SERVICES AUTHORITY St Vincent & The Grenadines (SVG FSA). The truth is that DMA Capitals is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
DMA Capitals
VisitRisk Level - High
DMA Capitals
Risk Level - High
Scam Evidence & Warnings
How's DMA Capitals? How is their execution speed? Dear Investor, DMA Capitals is a broker we do not recommend. It fails to provide any regulatory information, merely claiming to be registered in Saint Lucia with a physical address in the UAE. First, we found no results related to DMA Capitals in the company list of the UAE Securities and Commodities Authority (SCA). Second, although we located DMA Capitals Limited in the Saint Lucia IFC registry, this registration merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. The IFC neither regulates nor licenses forex trading activities. In reality, DMA Capitals is not regulated by any authority, holds no licenses, and lacks the qualifications to operate as a broker. Therefore, we strongly advise avoiding any transactions with DMA Capitals. View Source
Is DMA Capitals a trustable firm to deal with? DMA Capitals is an unlicensed broker that we advise against trading with despite the seemingly attractive deals it offers.DMA Capitals claims to be the trading name of DMA Capitals LLC., a company supposedly registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under company number 1400 LLC 2021. However, our search for this company in the SVG FSA register didn't yield any results. This means what DMA Capitals claims on its regulatory status is a lie in an attempt to deceive unsuspecting investors. Furthermore, the SVG FSA has explicitly stated that it neither issues forex licenses nor regulates entities involved in such activities.Regarding your question, DMA Capitals is an untrustworthy trading platform due to its status as an unlicensed broker. If dealing with this broker, investors will expose themselves to significant risks susch as financial losses and identity theft, as there are no rules in place to safeguard them. Therefore, to avoid such risks, we strongly suggest investors stay away from unlicensed brokers like DMA Capitals and opt for fully regulated ones. View Source
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