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DMM FX

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has reviewed that DMM FX is an unregulated forex broker DMM FX claims to be a registered broker in St. Vincent and the Grenadines. However, we didn't find any result matching this broker from the register of Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). Besides, SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate or license international companies engaging in such activities. Therefore, we highly recommend exercising caution when dealing with brokers claiming to be registered with or regulated by SVG FSA as they are actually unregulated. That means investors' funds in this broker are unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

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BrokersView has found that DMM FX is not working BrokersView found the domain "https://www.dmmfx.net/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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How likeky do you recommend DMM FX? DMM FX is not a licensed or regulated broker even though it states offers that look good to be true. DMM FX claims to be a registered broker in St. Vincent and the Grenadines. However, we didn't find any result matching this broker from the register of Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). Besides, SVG FSA does neither issue any licenses for forex trading or brokerage nor regulate or license international companies engaging in such activities.The truth is, DMM FX is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like DMM FX and trade with licensed brokers. View Source

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