Dealing24

Dilling24 claims to be registered in Estonia, but a detailed analysis shows that information on licensing and regulation of activities raises questions. Claims to have a license from an offshore regulator are not supported by evidence of reliability and are used to provide legitimacy in the eyes of potential clients. It is important to note that a license issued in an offshore zone does not guarantee the protection of traders’ interests and is not a sign of security.

The brokerage firm promises its clients many advantages:

• trading on the popular MetaTrader 4 platform;
• competitive trading conditions;
• no commissions on the FOREX market;
• instant execution of transactions.

However, real user reviews and analysis of the conditions of working with the broker show that many of these promises are not true. Withdrawal problems, fake quotes and fake trades indicate fraud Dealing24 personal account It’s too dangerous to open here.

There are various data about the founding date of the project, ranging from 1997 to 2004. Despite claims of a long history in the market, a lack of clear information and conflicting data raise doubts about the veracity of these claims.

Reviews dating back to 2009 and earlier indicate that the company was really trying to attract attention to itself, using its age as one of the arguments for reliability. However, many revelations and the lack of positive reviews in recent years indicate that long existence on the market is not a guarantee of quality and reliability of services.

Trading conditions, account types and Dealing24 platforms

Bonded terms of service are one of the main arguments against cooperation with a brokerDealing24 official website promises the best platforms, but hides information about liquidity providers. A logical result, since we are talking about a kitchen that manipulates quotes.

Sharaga focuses on using the MetaTrader 4 platform, which is one of the most popular and functional trading terminals in the world. MT4 offers traders a wide range of tools for market analysis, automated trading with expert advisors, and the ability to use custom indicators.

Dealing24 offers several types of accounts, adapted to different levels of experience and trading strategies of traders:

• Standard: Designed for beginner traders with a minimum deposit of $100. This account offers basic trading conditions with access to all trading tools and basic educational resources;
• CFD: a dedicated account for trading contracts for difference (CFDs) with a minimum deposit of also $100. This account offers 1:10 leverage and access to a wide range of low spread stocks and indices.

In reality, ECN technology is not supported. Scammers trade against clients’ positions. In fact, the office operates like a kitchen.

Trading Terms:

• the scam claims competitive and stable spreads ranging from 2-4 points for major currency pairs on the FOREX market and 5-8 points for crosses;
• a wide range of leverage is offered, depending on the type of account and trading instruments, the maximum leverage can reach 1:500;
• minimum deposit: starts from $100, which makes access to trading more accessible to a wide range of investors;
• instruments for trading: major currency pairs, stocks, indices, as well as the ability to trade CFDs;
• Sharaga sometimes offers attractive bonuses and promotions for active traders, but the conditions for receiving and wagering them can be quite complicated.

The broker provides access to educational materials and analytics, which can be useful for novice traders. Support is said to be available 24 hours a day during all trading sessions, providing general and technical assistance. However, users complain about the work of the support. Often you have to wait several weeks for a response from managers.

It is important to note that, despite the stated benefits and conditions, there are many reviews and revelations indicating the potential risks of working with Dealing24. Withdrawal issues, fake quotes, and lack of proper financial regulation are serious factors to consider before trading with this broker.

Key reasons for refusing to cooperate with Dealing24

Considering a decision on possible refusal to cooperate with a broker Dealing24, it is worth highlighting several key aspects:

• Lack of transparency in financial terms: One of the major causes of concern is the lack of transparency regarding the financial terms and policies of the company. This applies not only to potential hidden commissions and fees, but also to the terms of bonus programs that contain non-obvious wagering requirements;
• difficulties with support: issues related to the quality and availability of support will also become a significant factor in refusing cooperation. Effective customer support is critical to quickly resolving issues and problems that arise, especially in situations that require immediate attention.

These factors complement the overall picture of Dealing24, emphasizing the importance of thorough analysis and assessment of all aspects of a broker’s activities before entering into cooperation. Taken together with the previously mentioned risks, such problems can significantly increase the potential risks for traders and investors, making choosing other, more reliable and proven brokers the preferred option.