dbFX - Deutsche Bank reviewsAverage: 5 based on 3 reviews dbFX - Deutsche Bank Follow discussion about dbFX
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| Website: http://www.dbfx.com |
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dbFX is regulated and audited by: Deutsche Bank AG is authorized under German Banking Law (competent authority: BaFin - Federal Financial Supervising Authority) and regulated by the Financial Services Authority for the conduct of UK business, is a member of The London Stock Exchange and is a stock corporation incorporated in the Federal Republic of Germany HRB No. 30 000 District Court of Frankfurt am Main; Branch Registration No. in England and Wales BR000005, Registered address: Winchester House, 1 Great Winchester Street London EC2N 2DB. |
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Traded with dbFX? |
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REVIEWS & RATINGS




Yasen Penchev, Bulgaria
August 11, 2010more than 7 years and more than 7 brokers(live) Total
6 months Live with this Broker
I don't know if it's a market maker, ECN or STP. Whatever it is, it's Deutsche Bank. They allow scalping even if the trade lasts 1 sec. Funds protection up to 1 000 000 000, regulated. I'm using MT4 bridge which causes latency which results in slippage. As allways the medallion has two sides: the slippage can be negative but it could be also positive so I don't consider it an issue. Althought there are claims that dbFX = FXCM I could confirm that they share the same site, software and support but that's it. I had live MT4 FXCM account and there were tens of disconnects/hour which is not the case with dbFX. Spreads are VERY competitive and much tighter than FXCM and many other brokers, don't widen during asian session. I don't know where does FXCM's liquidity come from but I can assure you it's not the same place as dbFX and that's the most important. We could have same platform, similar site and support but what matters is who's executing your trade. I had no major problems except the "off quotes" messages which popup quite frequently in the journal but that's probably a latency issue. Don't forget that I'm talking about trading through MT4 bridge. If you're trading the original platform execution should be even better than mine. I want to give you one example form few days ago: a SL was hit with 4+ pips positive slippage. I'm used to see only negative slippage so should I recommend dbFX - a big YES.
jesse
April 10, 20104 years Total
3 mounths with this Broker
forgot it,its market maker and agains your money,,always!! keep away from that..
Per Paterson, Sweden
November 20, 2009Zero days Total
Zero days with this Broker
I have been an stock, option and future trader for over 10 years and I have been searching for the best Forex broker on the market for over a month now and I have research over 100 of different Forex brokers, read 1000 of reviews and rankings on several Internet websites reviewing brokers on the market.
My conclusion is that there are an enormous amount of Forex brokers in the market and most of them is just too unsafe to deal with. There is often no information about credit ratings, share capital, ownership, management, etc and some even don't have a phone number you can call.
To find out that Deutsche Bank has a first class retail Forex broker business in London is such a relief. First, Deutsche Bank is the largest Forex Bank/broker in the world with a market share of 21%, read that again 21%!!! They are regulated by nearly every regulating authority in the planet, they have 78530 employees in 72 countries and 2.2 trillion Euros in financial assets. They have won the most prestigious price in the Forex business on all accounts five years in a row now. DBFX is simply the best in it's business and that is the fact. Number two is United Bank of Switzerland with 15% market share and number three is Citi Bank (Citifx) with 9%.
DBFX is not only number one in it's business, it is also the safest and most secure Forex broker in the world. Your account is guaranteed for over a billion Euros.
DBFX has variable spreads, about 1.4 to 1.9 on the EUR/USD, good software, excellent news and research, and 24/5 (toll free) support. It is nice to know if your Internet connection goes down in the middle of a trade there is actually someone there to take your emergency call.
There is such an enormous difference between 99% of all Forex brokers in the market and DBFX. DBFX should have 5.000.000 STARS, not 5 since there is other brokers rated with that number here and they do not come close to a 21% world market share, 2.2 trillion Euro in assets or 78 530 employees in 72 countries or one billion account guarantee.
What good is the price from a MM/STP/ECN broker if there is only a small volume (USD 1000-100.000) behind it? DBFX has the best liquidity of all and has minimum USD 2.000.000 to 5.000.000 behind it's price, that means that your orders have the best chance of getting filled with the least risk of slippage.
It gives me enormous peace to my mind to chose a Super Class Forex Broker as DXFX, knowing that my money is safe and secure, fair regulated trading, first class 24/5 emergency support, good software and fair prices. Mychoice could not be any easier, DBFX is simply the best in the Forex business.