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Dizicx
Welcome to our comprehensive review of Dizicx, a well-established forex broker that has been in the trading industry since 2001. With its headquarters located in Kingstown, Saint Vincent And Grenadines, Dizicx has been providing a diverse range of trading options for its clients worldwide. With a minimum trade size of 0.01 and a maximum leverage of 1000:1, it caters to both new and experienced traders. Dizicx is known for its versatility, offering more than 50 forex currency pairs, metals like gold and silver, commodities, and CFDs on shares, indices, and cryptocurrencies including Bitcoin. The company provides a robust trading platform, MetaTrader 5 (MT5), available on PC, mobile, and web versions. For those interested in automated trading, Dizicx supports Expert Advisors (EAs) and allows scalping. It also offers MAM for social trading. The minimum amount to open a live account is just $25, making it accessible for most investors. Dizicx offers multiple deposit and withdrawal methods, including VISA, MasterCard, Neteller, PerfectMoney, Skrill, and WebMoney, ensuring a smooth and convenient transaction process for its clients. With a dedicated support team reachable via email and phone, Dizicx is committed to providing quality service to its clients. In this review, we will delve deeper into the features, offerings, and performance of Dizicx as a forex broker.
In the world of Forex trading, Dizicx has made its mark as a notable broker. Established in 2001, this Forex broker offers a diverse range of trading options for personal investment. With a minimum trade size of just 0.01 and a maximum leverage of 1000:1, Dizicx caters to both novice and experienced traders.
Trading Platforms and Options
Dizicx stands out for its use of the MetaTrader 5 (MT5) platform, available on PC, mobile, and web versions. This advanced platform offers a range of features, including the ability to trade Forex, metals like gold and silver, commodities, and Contracts for Difference (CFDs) on shares, indices, and cryptocurrencies such as Bitcoin. With over 50 Forex currency pairs on offer, traders have a wide variety of options to choose from.
Trading Conditions and Instruments
Dizicx provides a conducive environment for trading, allowing the use of Expert Advisors (EAs) and scalping. The broker also supports Managed Accounts and Social Trading through its MAM feature, providing traders with diverse strategies to maximize their profits. In terms of trading instruments, Dizicx offers more than 55 currencies and over 1235 CFDs on various commodities.
Deposit and Withdrawal Methods
Dizicx ensures a seamless transaction process for its clients by supporting a variety of deposit and withdrawal methods. These include VISA, MasterCard, Neteller, PerfectMoney, Skrill, and WebMoney. The minimum to open a live account is $25, making it accessible for traders with different financial capacities.
Pros and Cons
Like any Forex broker, Dizicx has its strengths and weaknesses. Its advantages include a low minimum deposit, a wide range of trading options, and the use of the versatile MT5 platform. However, the lack of information about regulatory oversight and the prohibition of certain countries may be seen as drawbacks.
Scammer or Not: A Safety Check
While Dizicx has been in operation since 2001, there is no clear information regarding its regulatory status. This lack of transparency might raise concerns among potential traders. It is always recommended to ensure that a Forex broker is regulated by a reputable authority for the safety of your investments.
FAQs
What is the minimum deposit required to open a live account with Dizicx?
The minimum deposit required to open a live account with Dizicx is $25.
What trading platforms does Dizicx offer?
Dizicx offers the MetaTrader 5 (MT5) platform, available on PC, mobile, and web versions.
Does Dizicx allow scalping and the use of Expert Advisors (EAs)?
Yes, Dizicx allows both scalping and the use of Expert Advisors (EAs).
Experience with Dizicx? Leave your feedback on the forexroboteasy.com website. This independent review aims to provide neutral information about the company. It is written in the third person and does not contain any recommendations or conclusions about the use of this text.
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1 review
In the world of Forex trading, the devil is often in the detail, and one such vital detail is the spread. The narrative of low spread painted by Dizicx is sincerely enticing but experience has shown that it's not entirely transparent. This subtle, unsuspecting factor may stealthily drain your account, adding unexpected pressure on your ROI, particularly when you notice a delay in order execution, a less-than-ideal situation with Dizicx. Service Use: Live Length of Use: Mid-term (3-6 months) During my several month-long Forex trading experience with the live Dizicx platform, I must admit that I didn't encounter any serious operational concerns. The system worked as advertised and the support, when required, was up to the mark. But a significant elephant in the room was indeed the high spread rate. Let's take the example of the EURNZD pair, which averages more than 2 pips spread on Dizicx. With sizeable Forex trading activity, such a wide spread can indeed weigh heavy on profits. On the other hand, my other chosen brokers offered a fair spread, standing at an average of 1.1 and 0.5 on the same pairs respectively. This conspicuous difference forced me to rethink my alignment with Dizicx and eventually transfer my funds to a broker with more competitive spreads. Dating back to August 4, 2020, I recall starting out as a budding trader, testing the Forex waters with Dizicx. With a meager $100 to my name, I began my trading journey relying heavily on the more mobile-friendly aspects of the platform. Fast forward to now, my portfolio has been fruitful enough to contemplate a more substantial deposit. Dizicx, being my debutant broker, has been a good learning ground. Nevertheless, watching those high spreads gnaw into my profits has somewhat dampened my initial enthusiasm. Therefore, while Dizicx does provide a good platform for forex trading and learning, the hidden costs in the form of high spreads and slow execution times can slowly yet steadily eat into your profits. Thus, I would strongly advise potential traders to approach with caution and consider all the elements that contribute to their end profitability.
1 review
The world of trading is beautifully unpredictable, but what adds to the uncertainty is finding a trusted broker. In our quest for transparency, we explored Dizicx, believed by many to be presenting low spreads. However, in practice, it appears a bit different. In the labyrinth of foreign exchange, spreads can significantly impact your pocket. We noticed that Dizicx promises low spreads, but the reality bites hard when it starts to nibble away your account. The orders' execution, which is a crucial aspect of trading, takes time more than usual, creating a dent in one's strategies. Our journey with Dizicx started live a few months back, a period enough to offer a real taste of its services. During this live trading period, it would be unfair to say that we faced any significant issues. However, we also cannot overlook the high spreads problem that necessitated us to relocate our funds to a different broker. To illustrate, let’s talk numbers. The EURNZD pair trades at an average spread of over 2 pips on Dizicx. By contrast, our two alternative brokers post significantly lower spreads - the same pair is available at 1.1 and 0.5. When we embarked on our trading journey, Dizicx was first in line. Back then, our knowledge pool was limited, and we began our expedition with a humble deposit of $100. As a mobile trader, the user-friendly mobile interface of Dizicx was appealing initially. With the accumulation of more knowledge, better strategies, and more funds, we aimed at substantial deposits. Looking back, the experience with Dizicx had its ups and downs. While we appreciate the platform for the initial experience of hassle-free trading, the high spreads and slow trade execution were the potholes on the trading highway, prompting a shift to smoother roads. As with any trading platform, there's always a fine balance between user expectations and actual service delivery - Dizicx was no exception. Even with its potential shortcomings, we would still say it provided us with valuable, if slightly costly, lessons on the road to forex trading mastery.
1 review
After engaging in live forex trading for several months with Dizicx, it's time to critically assess our experience. Although we initially found no major issues with this broker, a deceptive claim about their 'low spreads' has raised some concerns. Dizicx's low spread claim looks appealing on paper, but dig a little deeper and you'll start seeing cracks. Promising to deliver low spreads usually suggests reasonable transaction costs and potentially greater profits. However, in practice, Dizicx's spreads are proving to be significantly higher than the industry average. Upon critical examination of specific currency pair spreads, such as EURNZD, on Dizicx, it was found to have an average spread of over 2 pips. In contrast, our analysis with two other brokers revealed their spreads on the same financial product to be notably lower, with averages of 1.1 and 0.5 pips. This massive spread difference raises questions about Dizicx's ability to provide competitive trading conditions. The high spreads don't just mean lower profits; they can seriously impact the overall performance of your trading account. Higher spreads essentially mean you are paying more to the broker for every trade, putting a dent in your trading returns. Furthermore, order execution times also leave room for improvement. It was noted that trades took notably longer to execute compared to competitive forex brokers. For high-frequency traders or those trading volatile markets, speed is of the essence. Delayed execution times can result in missed market opportunities and reduced profitability. During our early days with Dizicx as budding forex traders, the smooth mobile trading experience and reasonable learning curve definitely appealed to us. We even managed to grow our initial deposit of merely $100. However, after encountering high spreads and slow execution times, we have decided to switch to a broker more aligned with our trading needs and market expectations. In conclusion, while Dizicx may be a good starting point for novice traders, experienced traders looking for competitive spreads and swift execution times may need to shop around."
The digital trading world is full of platforms claiming to offer the best services. Dizicx is one such platform that prides itself in its low spreads, but my personal experience is somewhat different. Despite its claim, it became evident over time that Dizicx's low spreads were impacting my trading account and significantly delaying order execution. As a first-time trader, I decided to use Dizicx for live trading. This decision was based on a careful consideration of key factors such as the platform's user-friendly interface, its robust trading tools, and its supposedly competitive spreads. However, after a duration of three to six months with them, it became clear that Dizicx's high spread policy was not in my favor, hence my decision to switch brokers. One glaring instance that highlights the problem with Dizicx's spread policy involved the EURNZD currency pair. On Dizicx, the average spread for this pair stood at a staggering 2 pips. This figure was significantly higher compared to the 1.1 and 0.5 average spreads that my subsequent brokers offered for the same pair. This disparity reflected negatively on my trading experience and ultimately eroded my initial enthusiasm and trust in Dizicx. Notably though, Dizicx wasn't all gloom. My journey started on a positive note. As a rookie in forex trading, I had a minimal $100 investment which was accommodated comfortably. Dizicx offered me a unique, mobile-friendly trading environment that allowed me to dip my toes into the thrilling world of forex trading. In conclusion, my time with Dizicx was a mixed bag of highs and lows. I applaud their mobile-friendly platform and their accommodation of small scale traders. However, their high spreads policy and delayed order execution times left much to be desired. It is vital for any potential trader considering Dizicx to weigh these pros and cons before making a commitment.
1 review
Contrary to what they advertise, low spreads at Dizicx are a mythical promise that can hit your account hard. Furthermore, the sluggish rate of order execution may prove to be a pitfall for potential traders. Service Utilized: Live Duration of Service: 3 - 6 Months Upon delving into Dizicx for my live trading journey, my initial months were smooth with no significant hiccups. Nevertheless, I deemed it necessary to divert my funds to another broker, primarily due to the inflated spreads constantly experienced. To put it in perspective, consider the EURNZD pair. The average spread boasted by Dizicx stands surpasses 2 pips, while my two alternative brokers both outclass them with average spreads of 1.1 and 0.5 respectively on the exact same pair. As the backdrop of my Forex learning curve, I’ve had the opportunity to use DIZICX since the inception. Being a mobile trader, Dizicx was my gateway broker and I kicked off my trading affairs with a mere investment of $100. Yet, as my proficiency grew, so did my needs and thus I made the strategic decision to commit a greater amount elsewhere. Given as my experience unfolded, the level of satisfaction derived from DIZICZ fluctuated greatly. While it was a suitable platform for me in the beginning, as a novice trader seeking to learn the ropes of Forex, the fact of the matter is that when my needs and preferences evolved – the platform fell short. Ultimately, I harbor no regret. Just as we switch and upgrade our smartphone to accommodate our escalating demands, the same exercise of selectivity applies when choosing the broker that will best outfit our trading needs. Admittedly, DIZICX was an integral part of my trading journey and while I did manage to garnish a level of contentment, aspiring traders would benefit from a fair comparison before making their choice.
1 review
In the bustling world of Forex trading, a good broker can make a world of difference. When I first set my foot into this vibey, thrilling market, Dizicx was my initial platform of choice. It attracted me like bee to nectar with the promise of low spreads and efficient trading experience. However, as it often happens, the reality didn't quite align with the glossy promises. My experience after trading live for a considerable period of three to six months has been a mixed bag with Dizicx. Well, yes, smooth sailing without any major snags - but a look beneath the surface exposed the lurking trouble. Although hailed far and wide for its low spreads. In fact, the dreamy illusion of low spreads soon became a solid ground of unease. It turned out to be a slow-burning fuse gnawing at the corners of my trading account balance. The slow-paced trade execution was another bitter pill to swallow. Call me a speed enthusiast if the term fits, but in Forex trading, every second counts. Dizicx fell short of the mark in this challenge. I soon realised that my orders were taking frustratingly longer to execute, which was eating into my trading time. I'll illustrate a blatant disparity I observed, something which really got me rethinking my choice. In case of the currency pair EURNZD, Dizicx displays an average spread of over 2 pips. This was begins to seem hefty when compared with my other two brokers who offer 1.1 and 0.5 average spreads on the same pair. Prior to this realization, I was quite satisfied with Dizicx as a novice. I'd begun my trading journey on a small and safe scale in mid-2020, inching gingerly with a modest $100. As a mobile trader, Dizicx was a great starting point for me, offering a learning curb that built a solid foundation. Moving ahead, while Dizicx has been my breathrough platform and will always hold a special place, the high spreads and slow order execution propelled me towards exploring other brokers. Never did I intend this journey to be ended shortly, but sometimes change is the route to progress. In conclusion, my starry-eyed initial review of 4 stars from Aug 4, 2020, now wears the wisdom of experience, questioning Dizicx's claim of low spreads and swift execution. Trading is an exciting journey of continuous learning and adaptation. It is important to continue reassessing and reviewing our choices to stand head and shoulders above the cutthroat Forex trading world.
1 review
The platform is quite working, I threw in a minimum deposit, I think everything will work out otherwise, whoever does not take risks does not drink champagne, good luck and prosperity to all!