Dizl FX Ltd Review: Can You Trust DizlFxLtd.Com?
Dizl FX Ltd is not the industry-leading broker it claims to be. Instead, this is another shady offshore investment scam. Such entities are truly a dime a dozen. And none of them are really worth your time, as they cannot provide you with a trustworthy service.
This is the case here as well, as the Dizl FX Ltd broker lies about its regulation. Now, if it were up to any good, why would it do so? The answer is pretty obvious, it is just not looking to allow you to trade safely.
So, without any further ado, let’s dive into this Dizl FX Ltd broker review where we will talk more about all the shady tactics this scam brokerage uses to take your money.
|Company||Dizl FX Ltd|
|Address||15 Greenacre Court, Garforth, Leeds, LS25 2PE|
Dizl FX LtdLicense and Fund Security
First and foremost, there is a staggering lack of regulation with Dizl FX Ltd. It states the SEC in the UK has issued it a license. That is impossible since there is no such body overseeing the British markets. The actual market watchdog is called the FCA. The broker is not present in the registers of the Vanuatuan regulator either.
This fraudulent broker also forged a fake license from the UK Company house to try and fool you into thinking they are a real deal. Honestly, it’s safe to say they are nothing more than just another poorly executed investment scam that is just after your money. We do advise you to stay away from this or any other scam brokers alike since they will only leave you with no money.
Dizl FX LtdTrading Platform Overview
There were no links to any of the advertised software, which turned out to be the MT5, the MT4, and Iress. Quite the shoes to fill, and of course, Dizl FX can’t even enter the shoe store. None of these platforms are actually on offer, as the broker simply uses their names to attract a larger audience. The broker has no trading platform and as such is not even a broker.
Dizl FX Ltd Account Types
Dizl Fx claims to be a global leader in matters of forex, indices, CFDs, and crypto among other many assets that they offer to their investors.
Unfortunately, this broker has not shared the account types that they have. This is a big lapse as this information forms the basis for deciding whether to join or not.
This broker has just provided a demo account that anyone can open and learn how to trade.
Failure to disclose many details like minimum investment amount, spreads, and leverage among others makes us question the transparency of this broker. Transparency is very important considering that we are in the financial investment space.
Procedure for Deposit and Withdrawal
In regards to the deposit methods, Dizl FX only allows crypto which is not a surprise at all since many illicit brokers of this type do this. Now, there is nothing wrong with that, but most firms, as we have mentioned, which only have them available are fraudulent. Crypto has two properties that scammers love. It is not eligible for chargebacks and it is highly anonymous.
As you can imagine, that is very important to them. Another shady detail is the minimum deposit with the broker sitting at $100. This is too much when its legitimate peers have micro accounts from around $5 at most.
How Is the Con Carried Out?
At this point you have probably heard about these types of frauds. Trading scams basically have the same principle that is being performed through different sites and by different agents.
Nonetheless, the core remains the same. The broker first gets your personal information if you have left it on some sketchy sites and then the constant harassment starts.
It is important to note that scams like this one can happen to anyone. The agents calling you are persuasive professionals who scam people for a living. Even if you say no, they will continue to call you until you agree to make an initial deposit. If you are being harassed in this manner, we suggest you contact the local authorities.
Dizl FX Ltd Summary
We conducted this Dizl FX Ltd review, we found that not only are they unregulated but they are also operating offshore. With them, you will allegedly have an opportunity to invest in forex, indices, CFD, and crypto but in reality, just let them steal your hard-earned money
It’s well known that fraudulent brokers choose offshore locations since there are no laws they have to follow when it comes to regulations. But this one additionally claims to operate from London, UK, all in order to look more legit.
In conclusion, we advise you to stay away from them since you would be putting yourself and your personal information at risk. Remember to always be careful with where you invest your money and don’t forget to read legit reviews made online.
FAQs About Dizl FX Ltd Broker
Is Dizl FX Ltd Good for Beginners?
No, Dizl FX Ltd is not a good option for beginners nor for experienced traders as they are not a regulated firm.
Is Depositing with Dizl FX Ltd Safe and Secure?
It is never secure or safe to deposit your money with any unregulated company as Dizl FX Ltd.
How Long will it Take to Process my Withdrawal Request?
It usually takes 3-5 business days, but in the case of Dizl FX Ltd, we are unsure.