DBG Markets Review | Is DBG Markets Reliable? A Complete Analysis of Regulatory Licenses, Trading Experience, and User Feedback

1. Brand Background and Company Information

• Full company name : DBG Markets (Full name: DBG Markets Ltd.)

• Founded : circa 2017

• Main business : foreign exchange, contracts for difference (CFDs), precious metals, indices and cryptocurrency trading

• Registered address : Saint Vincent and the Grenadines (SVG), with some external publicity claiming to have an office in London

• Official website : https://www.dbgmarkets.com

📌Preliminary conclusion : DBG Markets claims to have a presence in multiple jurisdictions, but further verification of its regulatory authenticity is needed.

II. Regulatory Licensing and Compliance Verification

• UK FCA → No relevant records found

• Australia ASIC → No filing

• Cyprus CySEC → Not registered

• SVG FSA → Found DBG Markets registration record, but SVG is not a strict financial regulator.

Conclusion : DBG Markets is registered in SVG, but it does not hold a strong regulatory license , so its compliance is limited. Investors should carefully distinguish between "registration" and "regulation."

3. Personal account experience in September 2025

• Account opening : Registration is fast, and you can open a demo and real account on the same day after uploading your ID card.

• Deposit : Supports USDT, bank wire transfer, and credit card. Wire transfer deposits take about 1-2 days to arrive.

• Spread test (EUR/USD) : The average spread is 1.8 points, which is higher than the industry average (IG about 0.6, Swissquote about 0.7).

• Execution speed : Order delay is about 400-600 milliseconds, which is suitable for medium and long-term trading, but not conducive to high-frequency trading.

• Withdrawal : Test withdrawal of 200 USDT → It takes 48 hours for the funds to arrive in your account, and a 2% handling fee will be charged.

📌Conclusion : Withdrawals are generally possible, but transaction costs and execution speeds are inferior to those of first-tier compliant brokerages.

4. User Feedback and Customer Service

• Customer Support : Live chat and email ( [email protected] ), available during European and Asian time zones.

• Multi-language : English, Chinese, and Arabic support is available.

• User feedback :

• Positive: Some users say deposits are easy and customer service is quick to respond.

• Negative factors: High spreads and delayed withdrawals for some clients

5. Third-party media evaluation

• WikiFX → Medium rating, indicating that it is only registered in SVG and has no strong regulatory oversight

• FX110 → Collects several user complaints, mainly about "high fees and slow withdrawals"

• TraderKnows → Placed on the “Medium Risk Watch List”

6. Comparison with Compliant Platforms

📌Conclusion : DBG Markets can withdraw funds, but the transaction costs are relatively high, significantly lower than those of first-tier brokerages.

7. Multi-dimensional scoring

8. Conclusion

DBG Markets is not a complete scam ; it is registered in SVG and allows deposits and withdrawals. However, due to a lack of strict regulation, its compliance is limited, transaction costs are high, execution speeds are slow, and user complaints also reflect certain risks.

⚠️ BrokerHiveX's conclusion : DBG Markets is a medium-risk platform . While not considered a scam, it is not recommended as a long-term choice due to its lack of strong regulation and high transaction costs. Investors seeking financial security and low costs are advised to prioritize first-tier brokerages regulated by the FCA, ASIC, and FINMA.