Score
Comoros
|
2-5 years
| https://www.duttfxmarkets.net/
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
Comoros
duttfxmarkets.net France
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| Duttfx MarketsReview Summary | |
| Founded | 2020 |
| Registered Country/Region | Comoros |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Cryptocurrencies, Stocks |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 1.4 (STANDARD ACCOUNT) |
| Trading Platform | MT5 |
| Min Deposit | $1000 |
| Customer Support | Email: support@duttfxmarkets.net |
| Social Media: Facebook, Instagram, Linkedin | |
| Physical Address: Bonovo Road - Fomboni, Island of Moheli, Comoros Union. | |
Duttfx Markets, a brokerage incorporated on Comoros in 2020. It offers products including forex, commodities, cryptocurrencies and stocks. There are also 3 types of accounts that can be traded through MT5. Currently, the broker is not regulated.
| Pros | Cons |
| The number of tradable instruments is large | No regulation |
| MT5 is available | Minimum deposit is as high as $1000 |
| Support commission-free trading | Demo accounts are not available |
Duttfx Markets registered its official website in 2020. It is currently unregulated.
With Duttfx Markets, you can trade 4 asset classes in major markets: 200 currency pairs, including large, small and cross currencies. 25 cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dash and Ripple.
There are also UK, US and European markets that hold more than 65 popular stocks, including Amazon and Boeing. The 20 commodities include metals (gold, silver, copper) and energy (crude oil, natural gas).
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Indices | ❌ |
| Bonds | ❌ |
| ETF | ❌ |
Duttfx Markets has 3 types of accounts: STANDARD ACCOUNT, ELITE ACCOUNT and PRO PLAN.
Among them, the minimum deposit requirement is $1000, and the maximum leverage is 1:500.
| Account Types | STANDARD ACCOUNT | ELITE ACCOUNT | PRO PLAN |
| Min Deposit | 1000$ | 15000$ | 50000$ |
| Spread | From 1.4 | From 0.9 | From ALS 0.2 |
| Commission | No | No | USD 60 per 1 Mill USD |
| Leverage | 1:500 | 1:500 | 1:100 |
| Swap Free Charges | No | No | No |
| Trading Instruments | 128 Instruments | 128 Instruments | 128 Instruments |
| Trading Account Currency | USD | USD | USD |
| Minimum Trade Size | 0.01 for Forex & Metals | 0.01 for Forex & Metals | 0.01 for Forex & Metals |
| Trading Platform | Meta Trader 5 | Meta Trader 5 | Meta Trader 5 |
The spread of 3 types of accounts started at 1.4,0.9, and 0.2, respectively. Only PRO PLAN charges commission USD 60 per 1 Mill USD, the remaining 2 types of accounts do not charge commission. In addition, none of the three accounts are exempt from swaps.
The trading platform offered by Duttfx Markets is MT5, which is available on desktop as well as mobile.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile | Skilled traders |
| MT4 | ❌ |
The main payment methods supported are: Fastpay, Mastercard, NETRLLER, PalPal, Skrill, BANK TRANSFER.
Duttfx Markets has been tagged as a ‘Scammer’ for its illegal forex trading business. Investors have been complaining about this Comoros-based forex broker on several review platforms. Withdrawal denials, pressure to make more deposits, trading manipulation, and account blocking are some raging issues affecting investors here. Read this exposure story to find out the truth.
Duttfx Markets presents itself as a broker registered in the Comoros, boasting a trading experience of 2-5 years.
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Invester.494
Pakistan
I'm here after having an experience of more than 3 months. I got connected with this platform through a guy named Khalid approached me and I started trading on different instruments specifically Tesla, Nvidia, Gold and Crude Oil. They've guided me really well and through the fluctuations I've secured my money within 3 weeks. And I'm still trading with them and taking the profits.
Positive
FX1162477187
United Arab Emirates
I just wanted to take a moment to express my appreciation for the exceptional trading platform you provide. Your user-friendly interface and advanced tools make trading a seamless experience. The insights and resources available have significantly enhanced my trading journey, and I truly value the support your team offers. Thank you for your dedication to creating a reliable and innovative platform!
Positive
Zebedee Pucklechurch
Nigeria
Disappointed with Duttfx Markets. Upgraded to Gold, but the promised benefits didn't stand out. MT4 feels outdated, and account differentiations lack substance. Customer support response was slow. Exploring other platforms for a better experience.
Neutral
Una丶Daddy
Peru
Duttfx Markets exceeded my expectations! I upgraded to Platinum and love the flexibility of their Diamond, Platinum, Gold, and Silver accounts. The MT4 platform is user-friendly, and their customer support is top-notch. Highly recommended!
Neutral