DifBroker Review (2022) Review
Spanish broker DIF Broker has been known for 20 years. The company provides an opportunity to buy and sell contracts for difference (CFD) on 17 markets around the world, work with futures and stocks (7 and 16 markets, respectively). In addition, it is possible to enter into agreements on the Forex market for a variety of currency pairs. For such a solid period of work a lot of traders cooperated with it. In order to understand how DIF Broker works, we suggest making a thorough review of the broker.
The creators of the forex broker DIF Broker decided to comply with the legislative framework of the European Union. German, French and English banks signed the license for the provision of financial services. DIF Broker is also certified for MiFID compliance (Financial Market Surveillance Directive). It covers 28 EU countries.
This broker firstly provides access to products such as stocks, futures, CFDs, currency pairs, ETFs, options and bonds through desktops, laptops or cell phones. The company also provides asset management services, financial advisory services, and acts as a financial intermediary for corporations and other institutions in financial intermediation and capital raising services.
DIF Broker offers purchasers their in-house developed multi-asset Freedom platform, with the help of it they will continually gain quick and reliable access to the monetary markets to trade over 30,000 instruments from any computer, Mac, tablet, or smartphone. The platform permits them to trace and consider specific tariffs, assets, or stock exchanges. With its intuitive interface, the platform is simple to use. You will place trades, manage orders, and work from charts in few clicks, with efficient navigation across an easy space.
Moreover, the platform additionally provides access to monetary news, relevant market knowledge, and economic news to create knowing investment choices. You’ll read careful reports on your account, as well as profits and losses and also the performance or history of your portfolio over any amount of your time. This might assist you judge progress and regulate methods at any time.
The company offers a single account for all trading requirements with a minimum deposit of $2,000. Average spreads are: EUR/USD – 2.6 pips; GBP/USD – 2.7 pips; USD/JPY – 2.5 pips. Furthermore, the broker allows using different strategies, including scalping and hedging, does not support swap-free accounts.
DIF Broker offers a demo account that’s out there for fifteen days and is pre-loaded with €100,000 in virtual money. Further, the demo account is very important for anyone considering this supplier, as it’s a good chance to take a look at out the proprietary platform before committing real cash. Finally, traders will place simulated trades, monitor the markets within the live feed, or run trade reports inside the account section.
Advantages and disadvantages of the company
Pros of the company:
- Multi-regulated broker
- Proprietary multi-asset trading platform
- A wide range of tradable assets
Cons of the company:
- No educational resources
- No MetaTrader platforms
- No cryptocurrency trading
- High min. deposit
Pros / Cons