1. Home
  2. /
  3. Dizicx Review 2023: Scam Or Safe | Research-Backed Findings

Dizicx Review 2023: Scam Or Safe | Research-Backed Findings

Dizicx Review Scam Or Safe Research-Backed Findings
Table of Contents

Dizicx is a new entrance in the Forex and CFD Industry; despite this, it has garnered the interest of thousands of global traders in such a short while. However, its little experience in the industry also raises several questions among its potential users – Does it have your preferred instruments for trading? Is the platform reliable, reputable, and secure? Does it have all the tools you need? All these queries will be answered in today’s Dizicx Review. 

Having a clear overview of the broker is critical in helping traders find out the features they want before making a deposit. In this sense, this research-backed Dizicx review aims to educate the reader on if the broker is worth signing up for and how to get started once a decision is made.

In order to be able to give an unbiased rating at the end, it is important to deeply analyze the platform. This Dizicx, therefore, not only deals with the question of whether it is reputable but also looks into the offer, the deposit and withdrawal methods, and the fees incurred.

Dizicx Review: What Is Dizicx?

Dizicx is among the oldest CFD brokers operating in the market since 2016. The reasons behind its ever-increasing popularity are supposed to be its offerings of superior execution technology, lower spreads, and unrivaled liquidity. 

The trading platform is owned and managed by Dizicx Limited; an International Business Company registered under FSA license no. 26026 BC 2020  in Saint Vincent and the Grenadines. 

At the same time, the available tradable markets on the platform include Forex, Commodities, Cryptocurrencies, Shares, and Indices, allowing traders to diversify their portfolios. 

So, now that you know what Dizicx is all about, it is worth knowing whether the platform is a scam or safe to trade with. 

Is Dizicx Scam? 

As an FSA-regulated broker, Dizicx rules out any possibility of it being a scam. Additionally, it is a registered brokerage firm, with headquarters at the First floor, 1st St. Vincent Bank Ltd Building, James Street Kingstown, St. Vincent and the Grenadines.

However, the user reviews of the platform may mislead its potential users, as we came across several testimonials saying it is a scammer and has frozen the withdrawals of many users. 

So, while researching for the Dizicx review, we were a little confused and unsure about its reliability & its legitimacy. But what we are sure of is about InvestFW, a more secure and regulated Forex and CFD broker

Dizicx Review: What Trading Markets Does The Broker Offer?

Traders who prefer to trade in diverse conditions would probably favor trading on Dizicx. Offering a wide range of trading markets can be said to be the platform’s USP. 

The available markets & tradable instruments on the platform are listed below. Let’s take a look at them through this detailed Dizicx Review. 

Forex

  • 55+ currency pairs, including major, minor & exotic
  • Maximum leverage upto 1:1000
  • Fixed Spreads starting from 1.2 pips
  • 24×5 Availability

Commodities

  • Energies (US Crude Oil, UK Brent, Natural Gas)
  • Future Indexes (China 50)
  • Soft Commodities (Sugar, Coffee, Cotton, Cocoa and Copper)
  • Maximum Margin upto 10%

Indices 

  • Spot Equity Indices (E-mini S&P 500, FTSE 100 Index, S&P 200)
  • Future Indices (ICE Dollar Index and VIX Index.)
  • Lowest Spreads start from 0.025

Cryptocurrencies

  • BTC/USD
  • BCH/USD
  • ETH/USD
  • LTCU/SD
  • DSHU/SD
  • XRP/USD
  • Spreads start from 0.015 pips.

Shares

  • Amazon
  • Apple
  • Google
  • Alibaba
  • Goldman
  • Ultra-low commissions
  • Spreads start from 0.18

Dizicx Review: How To Get Started?

The platform offers an easier pathway to enter the financial world. However, it involves various steps to be followed, from choosing an account type to placing your first trade. 

With the help of this detailed Dizicx Review, let’s understand each step in detail:

Choosing An Account Type

The account offerings of the platform are at par with global industry standards. However, the ECN account offering is something that makes it stand out. 

Each account type has its distinct features, which can be understood through the detailed comparison table:

Features Standard Premium Star VIP ECN Pro
Minimum Deposit $100 $300 $2000 $500
Leverage 1:1000 1:400 1:300 1:200
Starting Spreads 1.5 Pips 1 pIp 0.5 Pips 0 Pips
Commission 0 6% 0 6%
Trading Products FOREX, CFD, METAL FOREX, CFD, METAL FOREX, CFD, METAL FOREX, CFD, METAL
Negative balance protection Yes Yes No No
Minimum trade volume 0.01 0.01 0.01 0.01
Maximum trade volume 30 Lot 50 Lot 100 Lot 100 Lot
Hedging Allowed Allowed Allowed Allowed
Stop out 50 50 30 100
Margin Call 100 100 150 200
Islamic Account Yes No No No
Order Execution Instant Instant Market Execution Market Execution
SWAP Yes Yes No No
Hedge Margin N/A N/A Required Required

Opening An Account: How To Open A Dizicx Account?

Opening a live trading account on the broker’s website is quite easy and takes less than a minute. The account usually gets activated in 1 hour. So, here’s a step-by-step process for opening an account on Dizicx:

  • On the homepage, tap on the ‘Open Live Account’ icon.
  • Now, complete the application form by filling out your name, phone number, and e-mail & create a strong password.
  • An activation link will be sent to you at your registered e-mail address. 
  • Click on it to activate your account. Now, sign in again using your Dizicx login credentials. 
  • Deposit Funds to start trading on the platform. 

Dizicx Review: Deposits & Withdrawals

The platform supports a variety of payment options for account funding and withdrawals. Apart from bank transfers, you get access to popular e-wallets. 

Both deposits and withdrawals can be processed through the same payment methods. However, withdrawal requests can only be raised from the Dizicx Secure Client Area.

The available payment methods on Dizicx are as follow:

  • Credit/Debit Cards (Mastercard, Visa)
  • Skrill
  • Perfect Money
  • WebMoney
  • Neteller

Dizicx Fees, Spreads & Commission

The platform seems to have a nominal fee structure, allowing traders to get the maximum of their profits. Additionally, the waiving off of deposit & withdrawal fees is another feature worth noting here. 

The Dizicx fee is classified into spreads & commissions, which may vary depending on the account type and the asset you trade-in. 

Here’s a detailed Dizicx fee structure:

Dizicx Review: Spreads

  • Standard Account – 1.5 Pips
  • Premium Account – 1 Pip
  • Star VIP – 0.5 Pip
  • ECN Pro – 0

Commission 

  • Standard Account – 0
  • Premium Account – 6%
  • Star VIP – 0
  • ECN Pro – 6%

How Much Leverage Does Dizicx Offer?

The platform offers a maximum of 1:1000 leverage ratio for trading; however, you’ll need to prove your eligibility for the same. Rest, it depends on the account type, as you can see below:

  • Standard Account – 1:1000
  • Premium Account – 1:400
  • Star VIP – 1:300
  • ECN Pro – 1:200

Dizicx Review: Insights Into Trading Platforms & Their Features

The broker offers a clean user interface through one of the most advanced trading platforms – MetaTrader5. The platform can be accessed through a desktop app, WebTrader and a dedicated mobile application. 

Let’s have an in-depth overview of each trading platform and what they have to offer:

MT5 Desktop

The platform is compatible with any system fulfilling the minimum requirement of Windows 7. The platform is specially designed for Raw Pricing and Standard accounts. 

  • Raw Pricing Connectivity
  • Fast Order Execution
  • No Restrictions on Trading
  • Level II Pricing – Market Depth
  • Flexible Lot Sizing
  • Low latency trading

MT5 WebTrader

The platform gives direct access to the trading markets. The features of the platform are the same as those listed for the MT5 desktop platform. 

MT5 Android

The MT5 Android is a mobile application designed keeping in mind the convenience of traders. It gives access to different financial markets, with the following features:

  • Range of Analytical Tools
  • Customized News
  • Economic Calendar
  • No Restrictions on Trading
  • Level II Pricing – Market Depth
  • Flexible Lot Sizing
  • Raw Pricing Connectivity
  • Fast Order Execution
  • Low latency trading

Dizicx Review: Partnership & Affiliate Programs

The broker is currently running two partnership programs: Introducing Brokers and White Label. To apply for any of the programs, check your eligibility and apply directly on its official website. 

Introducing Brokers (IBs)

The program allows you to refer your audience through the unique link and earn a commission for each referral. It comes with various benefits, including

  • Unlimited number of referral campaigns
  • Transparent terms
  • 24/5 round-the-clock support

White Label

Through the White Label partnership, the broker helps new businesses set up by providing assistance in creating a website (if needed), extensive back-office support and administrative activities.

Benefits of the Dizicx White Label program are as follow:

  • Customisable margin requirements
  • Raw spreads with outstanding revenue plans
  • Low startup costs
  • Profit based on each client’s trade

Dizicx Review: Educational & Research Support

While the platform’s report has been outstanding so far, it falls short at this point. The broker fails to offer educational support, which is quite essential for traders. 

While preparing this detailed Dizicx review, we got really distressed knowing this. However, it shines at offering advanced research tools, compensating for its lacked feature.

For research, the following technical & fundamental analysis tools are available:

  • Market Insights
  • Economic Calendar
  • Forex News
  • Trading Calculations
  • Profit Calculator

Dizicx Review: Customer Support

We have a mixed review for Dizicx customer support, as on the one hand, it lacks phone support and on the other hand, it offers dedicated E-mail support for complaints, deposits & affiliate program. 

The unavailability of phone numbers is still a major issue with the platform, as it is really very rare in the forex industry. But if you still want to be a part of this platform or having difficulty, you can contact the broker via 

Dizicx Review: Pros & Cons

Pros Cons
Availability of Advance MT5 Platform Lacks Dedicated Phone Support
Generous Affiliate Program Unavailability of MT4
Low Spreads
Wide Range of Tradable Instruments
Quick & Hassle-free Account opening Process

Final Verdict On Dizicx Review

Our research & findings from this factual Dizicx review revealed that the broker is worth signing up for. The trading conditions are great, regulations are well in place, fees are low, leverage is considerable and product offerings are exceptional. 

However, it still falls short in terms of providing a dedicated iOS app, educational support and phone support. So we can’t term it a complete broker. We only advise you to go for a much safer broker – InvetsFW. The platform offers a user-friendly trading platform (Android/iOS), low fees, educational support & a dedicated phone helpline. 

FAQs

Is Dizicx Trustworthy?

Yes, Dizicx can be trusted as the broker is well-regulated by the ASIC and FSA. However, there are some withdrawal-related complaints against the broker too, which should be considered. 

How Can I Withdraw Money From Dizicx?

Withdrawing Funds on Dizicx is easy and quick; just follow these steps:

  • Log in to your secured Client Area. 
  • Click On ‘Withdraw’ and enter the amount. 
  • Select your preferred payment methods and Click on ‘Confirm.’ 

How To Deposit Funds In Dizicx Account?

Before starting trading on the platform, you’ll need to deposit the minimum amount, i.e., $100. Here’s how you can deposit funds into your account:

  • Log in to your secured Client Area. 
  • Click On ‘Deposit Funds’ and enter the amount. 
  • Select your preferred payment methods and Click on ‘Confirm.’ 

How To Open A Demo Account In Dizicx?

The demo account opening on Dizicx is similar to a live account. You will need to register yourself first and then, you can choose between a live account or a demo account. 

What Is Your Review Of Dizicx?

At a glance, the broker seems to be reliable and customer-centric; however, it lacks at some points, including the unavailability of phone support and educational material. 

Do Dizicx Offer Margin Trading?

Yes, Dizicx offers margin trading with a maximum leverage of upto 1:1000. 

How To Download The Dizicx App?

The Dizicx app is available on Google’s Play Store. You can download the app by searching for it in the search bar and clicking on the ‘Install’ button. 

What Are The Best Alternatives to Dizicx?

In terms of fee, safety, and better customer support, the best Dizicx alternatives include InvestFW, ABInvesting, PrimeFin and Capitalix. 

Do Dizicx Charge SWAP Fee?

No, the broker doesn’t charge any SWAP fee for positions kept open overnight. 

What Is Dizicx Withdrawal Fee?

There is no withdrawal or deposit fee on the Dizicx platform. 

How Do I Verify My Dizicx Account?

You can verify your Dizicx account by uploading a scanned copy of government-issued documents, including your driving license or passport. 

 

Get a Callback

A trusted broker will contact you today.

Trading View

Top Brokers