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Table of Contents
DgtlFuture Review (dgtlfuture.com)
Conclusion
After you have done your evaluation of DgtlFuture Review , you can conclude that this brokerage is up to no good and you should look for a different option.
Broker Rating
0.1
DgtlFuture (dgtlfuture.com) is without a doubt a %100 fraudulent brokerage firm. It is NOT a real broker! Stay away! DgtlFuture scam works by getting you to believe you can become rich by trading with them.
DgtlFuture Review
If you are searching for an online broker, there is one thing that you should always bear in mind; appearances can be deceptive. Your focus should be to find a trustworthy brokerage, not one that has an attractive and professional website and claims to offer you everything you need on a platter. This is exactly the kind of tactic a scam would use. If it sounds too good to be true, it is better to be skeptical until you are able to confirm everything. Otherwise, you will also become another one of the countless people who have suffered at the hands of fraudulent brokers that know how to disguise themselves, as this DgtlFuture review will highlight.
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The consequences of signing up with a fraudulent brokerage can be devastating, especially if you have invested a significant amount of money. You do not want to deal with such a situation and the only way to avoid it is to be proactive and look for a trustworthy brokerage from the beginning. Why learn the lesson the hard way? No one wants to do that, but they do not know how to determine if a company can be trusted or not. None of the scam brokerages out there are going to come with a warning sign. You are going to have to figure out the truth on your own.
How can you do that? While there is no secret formula that can help you identify a fraudulent brokerage, they do have flaws that can help you see the truth. After all, they can try to mimic genuine companies, but cannot actually become one. You will learn this in the case of DgtlFuture that hits all the right notes at first glance. It claims to be a leading forex brokerage that offers a wide range of trading instruments for catering to as many traders as possible.
Tight spreads, high leverage, a user-friendly trading platform and lucrative bonuses are advertised on the DgtlFuture website that make it sound like a good choice. But, there are flaws that DgtlFuture cannot hide when you check out its offerings. Read on to know what they are:
Regulation and licensing
In order to find a trustworthy brokerage, licensing and regulation should be your top priority because companies that are not licensed cannot be trusted. This is because they have no credibility and you cannot rely on anything they say. A license is issued by a regulatory authority only after a brokerage meets certain requirements and they have to comply with rules and regulations for providing their services. This adds a layer of security because you know that you are dealing with a reliable broker that can be held accountable.
The same does not apply to their unregulated and unlicensed counterparts and this is what you need to check in the case of DgtlFuture as well. No matter how impressive the package may appear, if it is not licensed, it is not worth it. The same is true for DgtlFuture because even though it comes off as very appealing, you will not find any mention of regulation or licensing on its website. In fact, its website appears to be anonymous for the most part.
There is no corporate background, or even the name of a company that owns and operates DgtlFuture. The ‘Contact’ section on the website only mentions an obscure email address and there is not even a phone number given. If you go through the Terms and Conditions of DgtlFuture, you will find a vague reference to the Marshall Islands, but this does not reassure much. This is because it is an offshore jurisdiction and is known to be a hotspot for scammers.
Trading bonuses
One of the offerings that will catch your eye at DgtlFuture are the trading bonuses they are promising. They appear quite lucrative and generous and this should immediately make you skeptical. Why? There is no free lunch and this is something you need to keep in mind in the case of trading bonuses because they will always come with conditions.
You need to check the bonus policy and sure enough, when you do so with DgtlFuture, you will find that it is just another trick that the broker is using to find more victims. The bonus policy says that once your account has been credited with a bonus, there can be no profit withdrawals until you meet the minimum turnover requirement they have specified.
A look at the requirement shows that it is almost impossible to achieve, which is what DgtlFuture wants because it allows them to turn down your withdrawal requests and keep your funds.
Trading platform
A user-friendly trading platform is advertised on the DgtlFuture website and the web-trading platform that you come across might be easy to use, but it does not have much to offer. A look at the trading platform shows that it has only the basic features and tools that will not suffice even for newbies for long. In fact, if you check out some of the known scam brokerages, you will find that they also offer similar platforms for selling their story. Reputable companies, on the other hand, will usually have the MT4, MT5, or other renowned trading solutions for their clients that are powerful and can deliver a seamless trading experience.
Trading conditions
Your goal will be to make maximum returns when you start online trading and this will depend a great deal on the trading conditions that your brokerage offers. Throughout its presentation, DgtlFuture promises tight spreads and high leverage, but what you actually find does not make it seem trustworthy at all. The spreads that are offered are as high as 3 pips.
These are at least three times more than what most brokers offer and competitive ones go even lower. As for leverage, the ratios that DgtlFuture is offering are as high as 1:500 and these are very dangerous levels that are not permitted by most regulatory bodies.
Closing Words
Considering the many flaws that you discover about DgtlFuture, it is quite clear that this brokerage cannot be trusted.
