Company Profile
Company Profile
Review summary
Note: For some unknown reason, we cannot open DACFXs official site (https://dacforex.com/en/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
DACFX is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with forex trading.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.
As for regulation, it has been verified that DACFX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.16/10. Please be aware of the risk.
Negative Reviews
Some traders shared their terrible trading experience on the DACFX platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.
Market Instruments
DACFX is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.
Customer Support
DACFX‘s customer support can be reached by email: cs@dacforex.com. Company address: Tower 42, Floor 9a 25 Old Broad St London United Kingdom. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
FX3677991397
United States
I subscribed to the trading plan and they asked me for data to confirm my identity, so I gave them in order to activate my account. I started to see the profits and my balance increased then when withdrawing, they asked for a tax deposit but still denied me withdrawal which i opened a scam case with fintrack/org and got a refund make sure to stay away from Dacfx as they can disappear with your money any time without notice, Don't believe them no matter what
Exposure
FX4278944338
Romania
Dacfx has consistently proven to be truly woeful . Case in point, yet again 5th of may was another costly glitch making me lose 46000 USD. That morning proved to be a huge morning sell-off day, with slight recovery from lunch-time onwards. I placed late morning trigger purchases, but when the SP didn't drift down to action, and I attempted to adjust upwards my "buy" prices, Dacfx platform FROZE UP WHEN TRYING TO ADJUST/AMMEND, Can you believe that? Best buying day in ages, and these Clowns had a system glitch & couldn't adjust live orders or make withdrawals. I rang this mob, and after 20 minutes on hold, was told that "they were experiencing problems with modifying placed orders and withdrawals"
Exposure
Fx4679443
United Kingdom
I made investment with DACFX that had no overnight fees. I held onto this stock for about 3 months. Then one day they made the decision to begin charging me for overnight holding. Even though I only had $98,000 in the account, the fees came to $9900. They took withdrew fees totaling 15% of my account without informing me that the costs had changed after a while i try to withdraw my funds and was rejected. I had to involve Assetsclaimback/com against insolvency and reimbursement even though I knew it was a hoax and a scam i still invested with DACFX but lesson learnt.
Exposure
FX7117884562
Hong Kong
I was scammed for 385000 and cannot withdraw. They deny the withdrawal by various reason and threaten that they will expose the personal information.
Exposure