WikiFX

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As an experienced trader, transparency and regulatory oversight are always my main concerns, especially when evaluating brokers like DEGUSSA. Based on my review of what’s publicly available, I could not find any clear information regarding leverage offerings for major forex pairs or other asset classes provided by DEGUSSA. In fact, DEGUSSA appears to be primarily focused on precious metals services—such as gold savings plans, physical purchase, lockers, storage, and engraving—rather than traditional margin trading or leveraged forex products. What raises a red flag for me is the lack of regulation. DEGUSSA operates without valid regulatory oversight, which means there’s no reliable third-party verification or investor protection regarding their trading conditions. This lack of transparency extends not only to leverage but also to fees and core account details, making it difficult to assess potential risk. In my experience, when a broker does not provide leverage details, especially in an industry where leverage is standard, that omission is reason for significant caution. My advice—particularly for those considering leveraged trading—is to prioritize firms that are fully regulated and completely transparent about their offerings. For now, DEGUSSA is not a broker I would use for forex trading or leverage-based products due to these uncertainties.