Dragon Capital

gnsrael

1-2 Jahre

What account types are available at Dragon Capital?

WikiFX Antworten

Dragon Capital offers cash accounts and margin accounts. Cash accounts are suitable for beginners or those who want to trade without leverage, while margin accounts are designed for experienced traders who want to use leverage to increase their exposure to the markets. Personally, I find this structure useful as it allows me to choose the type of account based on my risk appetite and trading goals. However, the lack of demo accounts is a limitation, as I would prefer to practice before committing real capital.

Broker Issues

Dragon Capital

Account

Leverage

Platform

Instruments

08-26

Vereinigte Staaten

marcustan

1-2 Jahre

Are there any significant drawbacks to trading with Dragon Capital?

WikiFX Antworten

The most significant drawback of trading with Dragon Capital is the "Exceeded" status of its CySEC license, which means the company no longer holds an active regulatory license from CySEC. This puts traders at risk since they may not benefit from the legal protections typically provided by CySEC oversight. Additionally, Dragon Capital does not offer a demo account, which is a key feature for me when evaluating a broker. Without a demo account, I can’t test the platform or strategies risk-free, which is a major limitation when using Dragon Capital Investments.

Broker Issues

Dragon Capital

Regulation

07-17

Vereinigte Staaten

Tomas

1-2 Jahre

What does the "Exceeded" license status mean for Dragon Capital?

WikiFX Antworten

The "Exceeded" license status means that Dragon Capital’s regulatory status is no longer active under the Cyprus Securities and Exchange Commission (CySEC). This raises concerns about their legitimacy as a fully regulated entity. As a trader, knowing that the broker is not currently under active supervision leaves me with doubts about the safety of my investments and the broker’s overall compliance with local and international regulations. For Dragon Capital Investments, it’s essential to verify that any regulatory issues are resolved before committing significant capital.

Broker Issues

Dragon Capital

Regulation

07-05

Vereinigte Staaten

Razzie87

1-2 Jahre

How is Dragon Capital regulated?

WikiFX Antworten

Dragon Capital (Cyprus) Ltd operates under regulation from the Cyprus Securities and Exchange Commission (CySEC) with license number 112/10. However, the company’s license is currently marked as “Exceeded,” which means it no longer holds an active regulatory license. This presents a risk to traders, as ongoing regulatory oversight is crucial for ensuring the broker’s practices are up to standard. While Dragon Capital Investments offers regulated services in Cyprus, I would be cautious given the “Exceeded” status of their license, as this raises concerns regarding their compliance with up-to-date financial laws.

Broker Issues

Dragon Capital

Regulation

06-10

Vereinigte Staaten