DMM FX Australia Reviews & Comments 2017



Well, here is my review on this firm. It's relatively new Australian broker. Providing access to most demanded services and platforms. I’ve traded on MT4 and tested two different types of accounts - demo and ECN. The most interesting part is that I found no big difference. My transition from demo to real account was without any troubles and surprises. I believe it to be important for all kinds of traders, especially for new traders.

Ernie.Chang   12 February, 2017  

I'm an advanced level trader and find myself trading more often than 50 trades a day so I thought this broker could help me decrease commissions and costs. I watched through all of their webinars and realized I need to stop scalping because reading price action is no easy as I thought. Broker has provided me with information and variations of trading strategies with which to trade. But the complexity of variations and the speed at which I need to be able to identify the patterns is far beyond my current experience. However, they gave me much better commissions and costs are more competitive than my previous broker has.

LaurenceH   1 February, 2017  

I'm not surprised why people don't leave comments on DMM FX. I had a conversation recently with managers about my current situation of improperly canceled limit orders. Let me explain, several buy limit orders were placed on gbpusd and usdchf. As result, there was no expiration time or something like that, but they were canceled. Price has moved to my direction and I lost opportunities to get profit. Broker can't explain how it happened and doesn't recover positions. It's very disappointing because I trade on daily bars and need to wait for long time to get new opportunities. BTW, it's enough time to change broker and transfer funds. The question which one is better?

Zoldenberg   30 August, 2016  

Man! I tried this broker for the first time and believed in forex, you know. all my friends say that trading is scam but I’ve just withdrawn my first money here. I took the advantage of its NoDepositBonus and that works too! Just read the rules they specify carefully! Really satisfied with its service.

Yes   27 June, 2016  

Only one platform – MT 4! Actually, why bother and offer something else when there is MT4 with its standard options and reliable operation. I agree with that, though ECN will be an advantage. But as for the rest – the broker is the worst I’ve ever trade with. Minimum initial deposit is rather high - $200. The declared low spreads are in word only. The widening is huge and unpredictable while other brokers sin by it during new release only. The fixed spreads just doubled within 3 months of my trading here. And that is not the only reasons to quit DMM FX. I am disappointed.

Loganfxtrader   17 June, 2016  

In this section traders share their views and impressions of DMM FX Australia performance; they leave reviews of any kind and attitude, which are available for any site visitor. Estimates of DMM FX Australia will let you understand whether there are many other traders who share your opinion or not, and if they are satisfied with the provided services and quality of trade execution.

In case you disagree with the published reviews, you can post your arguments in favor of the company, or, on the contrary, object to the broker's zealous supporters.

Reviews about forex brokers are quite useful for the newbies who are just about to open their forex account. Deciding which brokers are really trustworthy they might want to refer to opinions of the experienced traders.

Such information can only be found on the sites where visitors give vent to their emotions and sincerely describe their trading experience with a certain broker.

We hope that reviews about DMM FX Australia will help you decide in favor of an appropriate broker and that this information will be useful in your trading career. Please keep in mind that personal opinions should not be taken as an all-inclusive indicator; however, it makes sense to keep them in mind when forming a decision. Before opening a forex account do some serious thinking and certainly take note of the other traders' arguments.


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Regulation: ASIC

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