DF Markets Review

DF Markets is a regulated FX/CFD and Spread Betting provider based in the UK, which is actually a reputable operation. Indeed, while most reviewers will praise any operator that offers them an attractive commission on trader referrals, in DF Markets’ case, this conclusion stems from actual trader feedback gleaned from various forums/message boards.

This broker is definitely doing something right. Most of its traders seem to appreciate the outstanding trading conditions it offers which – let’s face it – are indeed the most important quality factor concerning any brokerage, from the perspective of the trader. Boasting 7+ years experience in the UK and EU, DF Markets can actually be considered one of the veterans of the industry.

Overview

Unlike some of the shady brokers out there, DF Markets are not reluctant to provide information concerning their corporate background. The entity behind the DF Markets brand is Delta Financial Markets Limited, based at 3rd Floor, Fairgate House, 78 New Oxford Street London, WC1A 1HB, United Kingdom. Delta Financial Markets is a registered company in England and Wales, its company number being 07280005.

As mentioned above, the brokerage is licensed and regulated by the UK’s FCA (Financial Conduct Authority), under number: 534027.

While in theory, this regulatory status allows the broker to peddle financial services all through the EU (at least in MiFID member countries), potential traders from Belgium are excluded from the fold.

Other jurisdictions where the broker does not serve clients include the US, as well as any other country where such online financial activity is illegal.

What else does the operator offer in terms of a sales angle to its clients though (above and beyond the aforementioned trading conditions)?

Personalized customer service is among the strengths of the brokerage too. The operator features more than 50 markets available for extended trading hours and in total, there are more than 1,100 trading instruments offered.

Account Types

The broker offers two account types: the DF Trader Account and the DF Edge Investment Account. Of these, the Trader one is obviously the one aimed at “regular” traders. Both account types are available in Demo versions.

The DF Trader Account does not feature a minimum deposit requirement. It is aimed largely at the trading of leveraged CFDs, on a wide selection of asset classes such as:

– Gold and Silver

– FX currency pairs

– ETFs, Indices, Futures and Shares

– Cryptocurrencies are supported as well, in a more than welcome twist.

– maximum available leverage of 1:200

– minimum spreads of 0.8 pips on the EUR/USD pair

– average spread is around the 2 pip mark.

It has to be noted that the broker is a market maker and that it does not currently support ECN-based trading. Also – while trading can be started off as little as $1- it is quite impossible to open proper positions on such “deposits”, even on micro accounts.

The DF Edge Investment Account has been created for the trading of non-leveraged CFDs. The asset classes supported by this account are:

– Gold and Silver

-Indices

– ETFs and shares

The advantages of this account are obvious:

– no commissions are charged on trades

– there are no fees of any kind involved, and this includes overnight financing.

Trading Platform/Software

The trading platform offered by the broker is also quite an attraction. It features a trading sentiment tool, it executes limit orders at better-than-requested prices and it features trailing stops among a multitude of other perks.

Deposit Options

The broker only accepts two deposit/withdrawal options: credit cards and bank wire.

Through the credit card option, three currencies are accepted: USD, EUR and GBP. The minimum deposit through this method is USD10, and there are no fees of any kind charged.

The accepted credit/debit cards are VISA and MasterCard. Those who use this deposit method, will have to provide a copy of the front of their card to prove ownership.

The other supported deposit method is Bank Wire. There are no extra fees charged through this method either – other than the usual wire transfer costs – and there is no minimum deposit requirement.

The broker does not accept third party payments, neither does it offer any bonuses on deposits, or other such promotions directly encouraging traders/would-be traders to deposit more. 

Markets

The market coverage of the broker is quite superb.

The FX section includes a massive number of supported currency pairs. Of these, the trading conditions are obviously the best on the EUR/USD pair.

On FX, the minimum order size is 1 lot, which equals 1,000 units of the base currency.

As far as commodities are concerned, only Gold and Silver are supported. The minimum order size on these markets is 1 troy ounces. The spreads on this asset category are quite attractive.

On shares, the spreads are variable. The margin requirements differ for professional and retail clients.

The indices are categorized by geographical area, and there is an impressive number of them available. The same goes for futures and ETFs. On cryptocurrencies, the spreads are a bit larger. Once again, there is an impressive number of cryptocurrency pairs offered, from BTC/USD (on which the target spread is USD 20), to EOS/USD.

There are no crypto/crypto pairs available.

Customer Support

Besides the email contact form available on the Contact Us page of the broker, the DF Markets support staff can be contacted through an email address ([email protected]), as well as through phone (+44 (0) 20 3866 9652) and fax (+44 (0) 20 3866 9658).

Safety

In this regard, the broker makes the cut with flying colors.

Final Thoughts

DF Markets’ reputation among true traders is its trump card – there can be no doubt about that. Attractive and functional platform, good trading conditions & great market coverage – all that make a perfect recipy to choose this broker for your operations.

DF Markets Overview
Regulation: FCA