Dakken group – Broker Review

Dakken Group

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Dakken Group

Know Your Options and Recover Your Funds

Dakken Group is a forex and CFD broker that claims to offer a variety of trading instruments, platforms and account types. However, there are many red flags that suggest that this broker is not trustworthy and may be involved in fraudulent activities. In this blog post, we will review some of the evidence that indicates that Dakken Group is a scam and advise you on how to protect yourself from such brokers.

First of all, Dakken Group is not regulated by any reputable authority. The broker claims to be based in St. Vincent and the Grenadines, a notorious offshore jurisdiction that does not supervise or license forex brokers. This means that Dakken Group can operate without any oversight or accountability, and can manipulate prices, withhold withdrawals, or disappear with your money at any time.

Secondly, Dakken Group does not provide any information about its trading conditions, fees, or platforms on its website. The broker only mentions that it offers MT4 and MT5, but does not specify the spreads, leverage, commissions, or minimum deposit requirements. This lack of transparency is very suspicious and indicates that the broker may have hidden charges or unfavorable terms that it does not want you to know.

Thirdly, Dakken Group has received numerous complaints from its clients on various online forums and websites. Many traders have reported that the broker is unresponsive to their queries, requests, or complaints, and that they have faced difficulties or delays in withdrawing their funds. Some traders have even accused the broker of stealing their money or closing their accounts without any explanation.

Therefore, we strongly advise you to avoid Dakken Group and any other unregulated brokers that operate in similar ways. If you have already invested with Dakken Group and have been scammed or mistreated by them, you can contact BrokerComplaintRegistry.com for help. BrokerComplaintRegistry.com is a reliable and professional service that can assist you in recovering your funds from fraudulent brokers. They have a team of experts who can guide you through the process and provide you with the best solutions for your case.