Year established:
About the company: Since 2009 the Company has launched a new server managed by a popular recently trading platform MetaTrader4. Depending on the requirements and preferences the clients are able to choose the best suiting technical option and conditions for their comfortable work.
8/10
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I am dealing with a Dealing City broker and invested $50to check their performance. Till now I can place orders instantly and never delay my orders due to the server delay or platform hang. Also, their fixed spread and price quotes graphing are so clear. I've withdrawn my profit in time through Skrill and I have followed their expert analysis and trading ideas too, which is so helpful to me in making a decision. So I say, Dealing City is a professional broker and I got their good service, which led to running my business and making pips.
I know that Dealing City is not a regulated broker, and now I feel guilty after joining them. I've been trading with them for 5 months, and I have lost my profit that I gained in 5 months. Everything was working perfectly, but they didn't give me the money I wanted to withdraw until now. I have to keep calling their customer support, but lately, they didn't respond to my email. They also change their trading conditions without notifying me. I feel like this broker is just a scam.
Dealing City has wide collection of lots fit for newbie traders. Their website is very inspiring. Fast and easy to access with lot of information. I like their bonus program and scalping strategy. They grant me the edge to practice my strategy in a live account without losing my funds. I feel trouble-free with them and their services are quite good.
Dealing City is not regulated. True, their services appear promising, but I would not risk my money on a broker that does not guarantee the security of my funds. Also, their customer support is not that accommodating to queries.
I have been trading with Dealing City broker for 7 months. I earned a profit, and I intentionally didn't withdraw once I got it, kind of savings. But last month, I want to withdraw all profit that I earned in 7 months, I have sent a withdrawal request, but they refused my request. I have no idea what I did. I have called customer support many times. First, they said my documents are not qualified to make withdrawal, and after that they said I against the rules and they found unusual activity. Until now, I have no idea where my money is. Look how they run the business, they stole my money. All I earned is gone there. My advice, stay away from this broker. They are a fraud.
Their trading platform interface is not clear, and spreads should be lower. I should get a bonus but until now I have not received a bonus. the withdrawal process is also very difficult. the deposit is very high. Better look for another broker and not to regret like me. My first deposit was $ 5,000, but yesterday I lost my connection which caused a loss of $ 3,430.
Dealing City is extremely unreliable broker. I have many trades on demo account and have trades on live account. There is a huge difference in performance between these two and a big issue for me is that my system makes easily 35-45 pips per day including the spread in demo account, but in real account, there is a constant slippage of 15-20 pips and that eats over half of the profits. That is ridicules. I have captured graphs of that happening. I will close my account with them and will never come back.
The first time I traded with them, I often made profits, even I received a decent bonus. I got $700 in the first month, the second month I received a bonus from them. But during the third month, I did not get any profit. I find out what causes it. I also often ask them, but they only suggest waiting for their analysis. I was getting suspicious, then asked my friend who was experienced in trading. My friend said that it was their game. My friend suggested stopping and looking for another broker. After listening to his explanation, I finally understood, and decided not to trade together with this broker. I will look for an honest and responsible broker.
I have been reading users' reviews about Dealing City online and they seem to be liking their experience at this broker. However, even with these positive feedback, I still won't opt to dealing with this broker because they are not regulated. I know that there are some trusted brokers that are not regulated but if I will choose an unregulated broker, I will just heighten my risk of being scammed. That is why I won't risk it.
This broker is not good, their system are awful. I have good results in their demo account but the real account is totally different and very disappointing. Broker plays against clients, you can close a trading only if you are losing. If you are gaining, platform will freeze or you will have a huge slippage and a lot of requotes. I also think they manipulate the quotations. I have an account with another broker and quotes are totally different. So I do not trust in Dealing City and I do not recommend it.
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