DG Flex Review
When it comes to trading in the financial markets, there are plenty of platforms that you can use for getting access.
The problem is that with so many brokers to choose from, how can you select one to use? There are several ways you can go about for making this decision, including look at the track record of a company, their reputation, offerings and their regulatory record. This DG Flex review aims to do exactly that i.e. provide you a look into the perks offered by this broker to help you trade in the financial markets. Let’s check them out:
Established in 2006, DG Flex has its headquarters located in Dublin, Ireland, but its satellite offices can be found throughout the Asia-pacific region and Europe. It is authorized to provide its services by three regulators, which are the Australian Securities and Investment Commission (ASIC), the Japanese Financial Services Authority (JFSA) and the Investment Industry Regulatory Organization of Canada (IIROC). Due to these regulations, the broker offers negative balance protection to its clients, along with AvaProtect that allows them to take out insurance on their trades.
Impressive Range of Offerings
You can trade more than 1,250 instruments on the DG Flex platform and these belong to different asset classes and markets. The availability of such a diverse range of instruments ensures that every trader will be able to find something to trade according to their risk tolerance and achieve their financial goals.
Moreover, it also provides plenty of room for diversification, which can be extremely beneficial in minimizing your trading risks. You can trade forex, commodities, indices, ETFs, options, cryptocurrencies, stocks and bonds and expand your investment portfolio as much as you want.
A Demo Account
One of the prominent perks that you will come across on DG Flex is the option of opening a demo account. This account is extremely useful because it provides traders the opportunity to test the broker’s trading platform and conditions before they sign up for a live account. If you are not satisfied, you can switch to a different broker.
Apart from that, beginner traders will find this account useful for practicing their trades and getting acquainted with the financial markets. It uses virtual currency, so it is an excellent option to try out strategies without risking your hard-earned money.
Another notable feature that traders can take advantage on the DG Flex platform is that of social trading. Customers can access third-party platforms for social trading with DupliTrade, ZuluTrade, AvaSocial and MQL5 Signal Service. This is also a very useful feature because it allows traders to see what experienced and advanced traders are doing and they can copy their trades in order to benefit from their strategies and insight.
Segregation of Funds
When you are trading online, the safety and security of your money is at stake and you certainly don’t want them to be stolen. Signing up with DG Flex means that your funds will be helped in segregated accounts with regulated banks, which means they will not be mixed with the broker’s own funds. The money is only used for your trading activities, minimizing the risk of discrepancies. There is also an Investor Compensation Scheme (ICS) available, which protects you from losses in the event the broker goes bankrupt.
Of course, one of the most vital elements of any brokerage is their customer service because it affects your trading experience and you don’t want to compromise on it. You will find that DG Flex offers more than adequate customer support to their clients. There is a comprehensive FAQ section where you can get the answers you need. There is also an online form entry and social media portals that you can use for reaching out to their team, along with 24/5 phone and chat support.
Thanks to these unique perks, you will find DG Flex to be a good and reliable broker that offers you everything necessary in one place.