DMM FX Australia Reviews

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DMM FX Australia Traders Rating on 3 based on 122 reviews
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DMM FX Australia Pty Ltd

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Review Rating - 4
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?

Review Rating - 2
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 all my friends say that trading is scam but I’ve just withdrawn my first money here.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.

Review Rating - 4
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.