DFMarkets Broker Review 2018 – Crypto Trading for Beginners and Pros

Last updated & tested: 23.10.2018

DFMarkets.co.uk is an online exchange where traders and investors can buy and sell many different types of assets. DF Markets is a British website. Some of the assets that are available for trading on DF-Markets Crypto broker include commodities, ETFs, and cryptocurrencies. DF Markets provides round-the-clock access to thousands of different financial instruments. If you are interested in investing or trading online, then this DF-Markets crypto trading review can help you to determine if this site is right for you to use for trading.

Highlights
  • DF Markets is a popular online exchange
  • DF Markets offers trading for many assets
  • Some assets that DF Markets offer trading for include commodities, ETFs, and cryptocurrencies
  • DF Markets provides round-the-clock trading for thousands of financial instruments
9.
of 14 Crypto Broker
DFMarkets
DF Markets Experience
Trader Rating
Go to DFMarkets opinions
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
Headquarters and regulation

UK (FCA)

Tradable crypto currencies

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Dash

Number of crypto currencies

8

Market Model

Market Maker

Trading platform

MT4, Broker-owned Software

Mobile Trading & Apps

Demo account

Yes, unlimited

Fees / BTC spread

20 Points

Minimum deposit

$ 50

Services & additional benefits

Live
Hotline
E-mail
Economic Calendar
Courses/Seminars

1. Trading Offer

1.) Crypto Trading Offer: DF Markets has Many Different Assets to Trade

There are 7 different types of assets that are available to trade on DF Markets. These assets are: Forex, silver and gold, shares, indices, futures, ETFs, and cryptocurrencies. So, DF-Markets cryptocurrency gives investors and traders a large amount of flexibility. This is ideal for people who like to trade many different assets. DF Markets has several different account types. It has one account for individuals, and one account for corporations. So, regardless of whether you are opening an individual account, or if you want to set up an account for a hedge fund or other company, you will be able to do so on DF Markets. The account setup process is very easy.

8
Crypto currencies
Number
80
Other currency pairs
Number

DF Markets offers Indices from seven different regions: Australia, Europe, Hong Kong, Japan, Switzerland, the UK, and the US. So, there is no shortage of index choices on the site. Also, CFD trading is available. Further, there are many different types of cryptocurrencies that can be traded on the site, including Bitcoin, Ethereum, Ethereum Classic, Litecoin, Dash, Ripple, and Zcash. Addtionally, the DF-Markets cryptocurrency is very good. So if you want to participate in DF-Markets cryptocurrency trading, you will be satisfied with the site.

Trader Rating
DFMarketsreview_summary_group_1_image
  • DF Markets offers trading for 7 different asset classes
  • There are account options for individuals and for corporations
  • There are 7 different available cryptocurrencies to choose from for trading
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
2. Costs

2.) Crypto Trading Costs: DF-Markets bitcoin trading has Reasonable Fees

There are no traditional commission costs for cryptocurrency trades on the DF Markets website. However, there are spreads. There are different target spreads for each crypto trading option. These spreads range from .02 USD to 20 USD. The minimum order size is one CFD. The Margin requirement is 30 percent. Some people who wonder “is DF Markets a good broker?” have their question answered when they learn this.

20 Points
BTC Spread
1:2
Max Lever
$ 50
Min. deposit
Market Maker
Market Model

So, when you trade cryptocurrencies using the DF Markets Crypto broker, you will not be charged certain fee for each trade. Instead, the amount you pay per trade will depend on the spread, or difference between the buy price and sell price. Cryptocurrencies tend to be very volatile, so spread amounts can vary widely. DF markets crypto trading doesn’t charge standard commissions for many of its other assets either. However, it does charge commissions for shares. This commission is .10 percent of the trade value. However, if the value of the trade is over 10,000 euro, then this commission is reduced to .05 %.

Trader Rating
DFMarketsreview_summary_group_2_image
  • Fees are either charged on a commission or on a spread basis on DF Markets
  • The margin requirement for crypto trades is 30 percent
  • Crypto spread targets range from $.02 to $20
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
3. Account

3.) Accounts: DF Markets has 4 Account Types to Choose From

Some people ask “is DF-Markets bitcoin trading legit?” Well, there are many great types of accounts to choose from on DF markets. These accounts include: The Mini, The Standard, The Premium, and the Pro. For the Mini account, there is a minimum deposit of $50. The Maximum leverage is 1:30 and the maximum trade size is .02 lots. The mini is recommended for novice traders.

For the Standard account, the minimum deposit is $750 and there is a $300 leverage set limit, and .1 lots is the maximum trade size. This account type is recommended for people who have some trading experience but who are not experts.

The Premium account is recommended for people who have a decent amount of trading skill and experience, and who can deposit more than $2,500. $2,500 is the minimum deposit for the Premium account. The minimum trade size is 1 lot. Leverage for this type of account is 1:30.

The Pro account is recommended for highly skilled traders and for people who want to trade the largest amount of money. The minimum deposit for this type of account is $5,000. .01 lots is the minimum trade size, and leverage is set at 1:30.

Trader Rating
DFMarketsreview_summary_group_3_image
  • The four accounts are the Mini, the Standard, the Premium, and the Pro
  • The Mini is for novice traders
  • The Pro is for experienced traders
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
4. Platform

4.) Crypto Trading Platforms & Mobile Trading: Choose From 3 Great Platform Options

There are three different trading platforms offered by DF Markets. As per this DF-Markets crypto trading review, all of these options are good. The platforms include DF Trader, DF WebTrader, and DF Mobile. DF Trader is for desktops. It is a downloadable software that has many features including: professional charting package, actionable trading statistics, and competitive spreads and low commissions.

MT4
metatrader
MT5
metatrader
IOS
Android
Broker owned Software

The DF WebTrader platform is also for desktops. However, there is no download required. Traders can simply log on and start making trades as soon as they have added a payment method. The DF WebTrader is compatible with all major browsers. It has advanced charting with over 40 technical indicators, trading with conditional orders, and many other features.

DF Mobile is the DF-Markets bitcoin trading mobile trading app. This app lets you easily make trades from your mobile device anywhere you can cell service. The DF Mobile app is part of the reason why the answer to the question “is DF Markets legit?” is yes. DF Mobile is available for iOS, Android, and Windows. DF Mobile has easy mobile withdrawals and deposits, real time traders’ sentiments, and many other handy features.

Trader Rating
DFMarketsreview_summary_group_4_image
  • DF Markets has 3 trading platforms
  • These trading platforms are DF Trader, DF WebTrader, and DF Mobile
  • DF Mobile can be used on iOS, Android, or Windows
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
5. Usability

5.) Usability of the Website: The Site is very Easy to Use

According to this DF-Markets crypto trading review, the site is extremely user friendly and well-arrange. The main menu includes five tabs: Trade, Analyse, Learn, Why DF Markets, and Spread Betting. All of the information that traders need can be found in these five tabs. If you have never been to the site, then you will most likely not get confused or frustrated when you are going through it the first time.

DF Markets Crypto website has a darker color scheme with a lot of black and charcoal grey backgrounds. If you prefer darker colors, then you will feel at home here. The legal information can be found at the bottom of the home page. The term of business can also be found there. So, regardless of whether you are searching for top products, tradeable assets, legal information, business terms, or other information, you should be able to easily find it on the DF Markets site. The site is very intuitive. If you have been asking yourself. “is DF Markets a good broker?” the intuitive and easy to use design should help you to see that it is.

Trader Rating
DFMarketsreview_summary_group_5_image
  • DFMarkets.co.uk is very well designed
  • The terms of business and legal information can be found at the bottom of the home page
  • Trading terms are also easy to find
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
6. Support

6.) Customer Support: How to Contact DF Markets

There are several contact options for DF Markets customer service. These options include phone, email, and standard mail. The phone number for DF Markets is +44 (0) 20 3866 9652. The email address is [email protected] If you do a broker comparison- crypto comparison, you will notice other brokers have these options too. The physical address where you can send letters to is Delta Financial Markets Ltd, 5 Harbour Exchange Square,London E14 9GE.

E-Mail
Telephone
Live-Chat
On the spot

You will need to have your account information ready when you call customer support. They will verify your identity to make sure that you are an actual customer and that you do in fact own the account you are calling about. This is a standard safety precaution. Processing time for enquiries by phone are usually just a few minutes. For email, it may be several hours to several days. Standard mail could take weeks. Payouts typically take several business days. Overall, according to this DF-Markets crypto trading review, the customer service for DR Markets is satisfactory.

Trader Rating
DFMarketsreview_summary_group_6_image
  • Contact methods are phone, standard mail, and email
  • You will need to have your account information handy when you call customer service
  • Overall, customer service is satisfactory for DR Markets
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
7. Payment

7.) Methods of Payment: Credit Cards, Debit Cards, and Bank Transfers are all Accepted

DF Markets accepts a wide variety of different payment methods. These payment methods include credit cards, debit cards, and bank transfers. If you are going to open an account on DF Markets, then you will have to deposit the minimum amount for the account that you are choosing. The minimum amounts vary significantly for the different account types. The Mini account has the smallest minimum fee: $50.

  • banktransfer
  • creditcard

There are no fees for making deposits or withdrawals, which is a good feature. However, it is possible that your bank will charge a fee for making these transactions. So, you should check with your bank if you want to know exactly what it will cost you to deposit or withdraw money on DFMartkets.Co.Uk. Because fees are non-existent for both deposits and withdrawals, using any payment method is fine. It’s not going to cost you money any way that you choose, so it really depends on which method is the best for you.

Trader Rating
DFMarketsreview_summary_group_7_image
  • DF Markets accepts several different payment methods
  • These payment methods include credit cards, debit cards, and bank transfers
  • There are no fees for deposits or withdrawals
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
8. Offers

8.) Additional Offers: DF Markets Offers More Things Besides Trading Platforms

In addition to offering trading for many different assets classes, DF Markets also offers a number of other things. These things include a free demo account, spread betting, a market selector, market news, an economic calendar, currency correlation, a currency converter, market stats, support and resistance information, and interest rate information.

E-Mail
Economic calendar
E-Book
Videos
Courses or Seminars
Demo Account

Additionally, there is an entire “Learn” section on DF Markets, where anyone who would like to improve his or her trading skills can get access to educational materials. These materials include quick guides, how to’s, and FAQs. As per this broker comparison review of DF Markets, these materials are extremely beneficial and if you study them, you can become a better trader. If you are a novice trader, then you should strongly consider going through some of these materials before you start getting serious about trading. After all, the more skill and knowledge that you have, the more likely that you will be to make a lot of money from your trades.

Trader Rating
DFMarketsreview_summary_group_8_image
  • These things include training materials, analysis tools, and market news
  • There’s also a free demo account available on DF Markets
  • The training materials can be extremely beneficial for increasing investing knowledge
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
9. Regulation

9.) Regulation & Deposit Protection: It is safe to trade on DF Markets

A thorough this DF-Markets crypto review will tell you that the broker is regulated by Financial Conduct Authority, Financial Services Register Number 534027. It is registered in England and Wales and its company number is 07280005.Secure 256 bit encryption is used to protect data on the website. Minors are not allowed to create accounts and trade assets on DF Markets. Also, DF Markets is only available to citizens in certain countries. For example citizens in England and Wales can use DF Markets to make trades, but citizens in the United States and Belgium cannot.

FCA
Regulatory Authority
MIFID II
Yes
50000
Dep. Protection

So, whether you can legally use DF Markets for investing depends largely on where you live and how old you are. Minors are not allowed to make trades on DF Markets because it is against the law for minors to have trading accounts on such platforms. Letting minors trade is simply too risky, and that is why it is illegal in most countries. If you are of the legal age in a nation that supports DF markets, then you will be able to create an account on the site and get started if you would like to. It is not clear whether or not DF Markets has deposit protection.

Trader Rating
DFMarketsreview_summary_group_9_image
  • The authority that regulates DF Markets is the Financial Conduct Authority
  • Minors are not allowed to trade on DF Markets
  • Americans can also not trade on DF Markets
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
10. Awards

10.) Awards: DF Markets Does Not Advertise any Awards They Have Won on Their Site

DF Markets does not advertise any awards on its website. This does not necessarily mean that it has never won anything or achieved anything of not. It just means that if it did, it is not obvious from its website. If you were to conduct a crypto broker comparison, you would notice that several other crypto brokers advertise awards they have won on their website. DF Markets does have many positive customer reviews though.

When trying to identify the best crypto broker, it can be helpful to investigate whether or not the broker has won any significant awards. But until you actually try the software, you will not really be able to get an accurate opinion. If you want to know how good DF Markets is, the best thing that you can do is to try their free demo. If you try the demo, you will be able to see exactly how the DF Markets trading platforms work, and how well they meet your needs.

Trader Rating
DFMarketsreview_summary_group_10_image
  • DF Markets does not advertise any awards on its website
  • There are many positive reviews from clients on the site, however.
  • Other crypto brokers do advertise awards that they have won
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.

Conclusion : Want to trade with DFMarkets?

If you want to trade cryptocurrencies or other assets online, then DF Markets is a very good option for you. There are seven different cryptocurrencies that you can choose to trade on DF Markets, and thousands of other financial instruments. So, whether you are a day trader or a long-term investor, DF Markets is a very good broker option for you.

DF Markets may not have won any major awards, but their website is extremely well-designed, easy to use, and intuitive. The site also offers other useful things in addition to train platforms. These things include a free demo version, training materials, market news, and other things. So, you can access a wide variety of other useful material if you use DF Markets.

DF Markets is just one of many different online brokers who offers cryptocurrency trading. If you would like to trade the top cryptocurrencies, then it is a very good place for you to do so. This is especially true because it does not have any deposit or withdrawal fees, and it has good customer service. So all in all, according to this DF-Markets crypto review, DF Markets is a good trading platform.

Strengths

  • reasonable fees
  • many payment options
  • five differenty cryptos
  • telephone support
  • clean design

Weaknesses

  • no live chat
  • Americans can't use it
  • Americans can't use it
Test result
Total

Ratings
0
Broker
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.
DFMarkets
Go to Broker
Risk warning: Capital can be lost. Terms and conditions apply.

Become part of the Asktraders Community and share your experiences!

Your Rating
Your opinion

Currently, there are no reviews.