The FCA names dbgmarketsglobal.com and telephone +270861888221 in its clone-firm warning. The reviewed site publishes the same number. The warning was first published on 10 June 2024 and last updated on 23 January 2025; it remained publicly listed when checked for this profile.[1][10]
The site advertises leveraged FX, metals, indices, shares, commodities and crypto, with MT4, MT5 and browser access. The following tables document those published terms; their presence on an operating website does not establish regulatory authorisation or successful customer withdrawals.[3]
Advertised accounts and eligibility
Sections ↑Account comparison published by the reviewed site
The company overview says no minimum deposit is required, but the funding page does not specify method-level transaction minimums. A trading-account minimum should not be taken as proof that every payment channel accepts any amount.[11][6]
The footer excludes residents of the US, Canada, UK, EU, Australia, New Zealand, Hong Kong, Japan, Singapore, Malaysia, India, Israel, Iran and Afghanistan, among other locations. A multilingual website is not evidence of local onboarding permission.[10]
Markets and form of exposure
Sections ↑Examples shown in the market catalogue
| Market | Published examples |
|---|---|
| FX | EUR/USD, GBP/USD, USD/JPY and other currency pairsSource 5 |
| Precious metals | Gold and silver versus USD; platinum CFDs describedSource 5 |
| Share CFDs | Apple, Amazon, Microsoft, Tesla, HSBC and other companiesSource 5 |
| Index CFDs | UK100, AU200, DE30, EU50, HK50, JP225, US30 and US500Source 5 |
| Energy | USOIL; oil and gas exposure describedSource 5 |
| Crypto CFDs | BTCUSD, BCHUSD, ETHUSD and LTCUSDSource 5 |
The risk notice defines CFDs as contracts with the provider rather than ownership of the reference asset. They carry no share voting or delivery entitlement and normally require closure with the same provider.[8]
Trading charges and dormant accounts
Sections ↑The $6 ECN commission lacks the unit and side needed for a round-trip example. Current public pages also do not establish a measured EUR/USD spread or dated cash swap rate.[4][5]
Other charge mechanisms
| Cost | Published treatment |
|---|---|
| Overnight positions | Swap may debit or credit the account; current charges are displayed in the trading platform.Source 8 |
| Conversion | The agreement permits conversion at a selected rate plus a markup; no current numerical markup was established.Source 7 |
| Funding | See the separate withdrawal fee condition below; it is not an unconditional zero-fee promise.Source 6 |
Archiving is permitted after 90 calendar days without trading and/or deposit/withdrawal activity, with balance at or below $10 equivalent. Restoration provides statements only; trading requires a new account, to which the archived balance may transfer. No prior notice is required.[7]
Platform access and order rules
Sections ↑Shared account conditions shown on the site
| Control | Published setting |
|---|---|
| Platforms | MT4 / MT5 / WebTraderSource 4 |
| Maximum leverage | 1:500Source 4 |
| Minimum volume | 0.01 lot per tradeSource 4 |
| Margin call / stop-out | 100% / 50%Source 4 |
| Order capacity | 100 orders; pending-order field says unlimitedSource 4 |
| Automation | EAs and VPS marked availableSource 4 |
The homepage offers a DBG mobile app for iOS and Android, plus WebTrader. Its separate DBG Desktop product is still labelled “Coming Soon”; that is distinct from the MetaTrader desktop platforms. Cross-device template and automation persistence were not documented.[3]
The risk notice warns that thin liquidity and rapid markets can delay or prevent execution, and stops may fill away from the requested level. It also permits increased margin requirements; a stop-out percentage is not a maximum-loss guarantee.[8]
Deposits, withdrawals and account currency
Sections ↑Published money-movement conditions
| Item | What the page says |
|---|---|
| Payment channels | Visa, bank transfer, Skrill, WebMoney and crypto shownSource 6 |
| Deposits | Broker covers its stated deposit costs; a sending bank may charge.Source 6 |
| Withdrawals | Costs covered if the client is trading and withdraws more than USD 200 equivalent.Source 6 |
| Other withdrawal cases | The page does not price withdrawals of USD 200 or less, or withdrawals without trading.Source 6 |
The account table lists USD, EUR, GBP, AUD, JPY and CHF base currencies. Conversion pricing is described in the costs section.[4]
Public funding material does not establish approval deadlines, receiving-bank settlement times or crypto network charges. The homepage’s instant-deposit wording is an advertisement rather than a method-specific settlement schedule.[6][3]
Exact-domain warning and entity boundaries
Sections ↑Evidence that changes the regulatory interpretation
| Item | Finding |
|---|---|
| Warned website | The FCA explicitly includes dbgmarketsglobal.com in the clone notice.Source 1 |
| UK redress | The warning says users of the clone do not have FOS or FSCS protection.Source 1 |
| Genuine UK business | DBG MARKETS (UK) LLP, FRN 469459, is identified with dbglondon.co.uk, not the reviewed domain.Source 2 |
| Contractual counterparty | July 2025 agreement: DBG MARKETS LIMITED, Anguilla, A000001474.Source 7 |
| Australian entity | The site expressly says its products are not supplied by the Australian company and offer no recourse against it.Source 10 |
| Client money | The site claims segregation; no independently verified scheme coverage for this Anguilla route was established.Source 11 |
| Negative balances | The risk notice warns that losses can exceed the initial investment.Source 8 |
The website also presents Australian and South African licence numbers and a Hong Kong company registration. Those are assertions about named entities, not evidence that the Anguilla account inherits their permissions. No FCA-authorised licence is assigned to the reviewed website in this profile.[12]
Published complaints process and account security
Sections ↑Contact routes stated in the July 2025 complaints document
Scope Address in the policy; domain differs from the website support address
Scope Independent warning and genuine-firm identification
The company’s published complaint clocks
| Stage | Policy wording |
|---|---|
| Submission | Identity, account and contact details; description and supporting recordsSource 9 |
| Acknowledgement | Written acknowledgement; no numerical acknowledgement deadlineSource 9 |
| Final response | Within 30 business days; complexity may extend the process with written reasonsSource 9 |
| Unfavourable outcome | Full written reasons within six weeks of receiptSource 9 |
| Retention | Complaints and correspondence retained for seven yearsSource 9 |
The policy references the Financial Commission for external escalation, but independent membership and eligibility for this exact contracting entity were not established. Its reference is not treated as verified external redress.[9]
Report compromised access immediately and request blocking/reset. Blocking the platform does not cancel existing orders or positions unless specifically requested.[7]
The agreement provides platform statements updated each business day for the previous day and paper copies on request.[7]
Analytics and automated tools
Sections ↑Advertised research services
| Service | Function and access |
|---|---|
| Trading Central | Technical/fundamental signals, economic calendar, newsletter and MT4/MT5 plugins; access through the client portal or platformSource 13 |
| Autochartist | Chart-pattern and key-level analysis; advertised free to live-account clientsSource 14 |
| Autochartist market reports | Free subscription advertised for all traders; report generated before the Asian sessionSource 14 |
Trading Central is described as an automated analysis and signal service. The page expressly treats its content as information, not investment advice, and leaves decisions with the user. Platform integration does not establish authority for a broker AI system to execute trades autonomously.[13]
Brand history and the separate UK firm
Sections ↑The website describes a brand established in 2007 and lists several co-branded entities. That company narrative is distinct from proof of continuity of the current Anguilla contract or from the history of the genuine UK partnership.[11][12]
The FCA register imposes requirements on the genuine UK LLP from 31 January 2025: it must not onboard new clients directly connected to DBG Markets Group and must prominently state that it is no longer affiliated or associated with that group. These restrictions concern the genuine firm; they do not validate the warned website.[2]
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
DBG MARKETS LIMITED
AnguillaSource 7
No separate licence entry is recorded in this panel.
Sources & further reading
- FCA clone warning naming dbgmarketsglobal.com Financial Conduct Authority · Accessed 20 Oct 2026
- FCA record: DBG MARKETS (UK) LLP Financial Conduct Authority · Accessed 20 Oct 2026
- Reviewed website and platform availability DBG Markets · Accessed 20 Oct 2026
- Account types DBG Markets · Accessed 20 Oct 2026
- Markets and instrument examples DBG Markets · Accessed 20 Oct 2026
- Deposit and withdrawal policy page DBG Markets · Accessed 20 Oct 2026
- Client Service Agreement, July 2025 DBG Markets · Accessed 20 Oct 2026
- Risk Disclosure Notice, July 2025 DBG Markets · Accessed 20 Oct 2026
- Complaints Management Policy, July 2025 DBG Markets · Accessed 20 Oct 2026
- Contact page and entity exclusions DBG Markets · Accessed 20 Oct 2026
- Why DBG: company description DBG Markets · Accessed 20 Oct 2026
- Current legal-document index DBG Markets · Accessed 20 Oct 2026
- Trading Central service page DBG Markets · Accessed 20 Oct 2026
- Autochartist service page DBG Markets · Accessed 20 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.