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Is DMA Direct a Scam Broker?

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Is DMA Direct a Scam Broker?

DMA is a type of trading that is supposed to provide more freedom to the traders. It allows traders to buy and sell directly with the exchange order book. In the past, a person needed a broker’s license to directly execute trades, but DMA is supposed to eliminate the middle man. But is it safe? Broker Complaint Registry has found that no matter what kind of trading is provided, no license means danger. 

Is DMA Direct a Scam or Legit Broker?

The opportunity to trade directly may sound terrific, but there are reasons to work with a broker. Their expertise is meant to provide insight and protection. This is not to say that DMA is a problem, but DMA brokers that have no license are problematic. The risks are never worthwhile when you are dealing with an unlicensed broker with very little transparency. After investigating DMA Direct we have found no validation of this broker’s license or who is behind it. 

 

Our experts found out the following about DMA Direct:

  • Not licensed
  • No transparency
  • Offers only risky trading 

 

Our experts do not recommend DMA Direct. We encourage visitors to do research, read our broker reviews and select regulated brokers. If you have been scammed by DMA Direct or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 

Reason to suspect a scam broker is in action:
  • The broker froze your account
  • The broker blocked your account
  • You cannot login back into your account
  • Money has been taken out from the account
  • The broker doesn’t take your calls
  • The broker shut down his website
  • You noticed the broker took money out from your bank account with out your permission
  • The broker is offering you a bonus
  • The broker is offering you to fund more money into the account after you lost a large sum

Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.

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