WikiFX

Reply

From my personal experience and the available information, DGCX does not actually offer traditional spot forex trading on pairs like EUR/USD through a standard account, as a retail forex broker would. Instead, DGCX is structured as an institutional-level derivatives exchange, and its listed products are predominately futures contracts across a select group of asset classes, including currencies, metals, hydrocarbons, and equities. However, not all currency pairs are available, and typical retail forex products such as spot EUR/USD are simply not supported on this platform. Because DGCX focuses on futures contracts, trading costs are associated with fixed per-contract fees rather than variable spreads. For example, their USD/CNH futures contract carries a combined fee of $0.20 per side, but no information is provided regarding EUR/USD futures, and there is no mention of classic spreads as found on retail forex accounts. This structure reflects DGCX’s design for institutional and professional traders rather than retail participants like myself. For anyone seeking traditional forex spread trading, DGCX would not be a suitable nor accessible option. I also urge caution, as DGCX operates without recognized international regulatory oversight, and there have been user complaints regarding withdrawal issues. This further reinforces that it may not be appropriate—or safe—for typical retail forex trading needs.