Intro to the Company
For almost 30 years, Digital Currency Market has been offering hedge fund services to corporate clients. After 22 years in the business and with a growing demand from retail traders, the company expanded its services. In 2016, DCM reached a total productivity of $165 billion – a figure which has been growing ever since.
Now they are present in over 160 countries and provide more than 175 products. There are major and minor forex pairs available for trading at dcmarket.io. You can also trade cryptocurrencies, commodities, indices, and stocks, with the help of personalized programs or analysts if necessary.
Trading Software
Digital Currency Market offers three dynamic trading platforms for anyone interested in trading any of their over 200 available assets. One of these is MetaTrader 4, a well-known and award-winning choice with advanced features. Also, the WebTrader can be used directly on any browser.
Digital Currency Market Trading Software
The third choice is a proprietary platform, designed by Digital Currency Market’s best programmers. This broker has created its own trading platform, so clients can trade forex and other assets with simplicity. Aiming to innovate the market, this platform offers analysis, portfolio building, an exclusive ‘explore’ section and a customized trader’s account.
You can download this unique trading software to your desktop, but also to your phone or tablet if you need to trade on the go. It includes complex algorithms, which make it easy to use for both experienced and new traders.
Trading Features
Digital Currency Market offers risk management tools, aimed at cutting down losses. This way, your chances as a trader of losing large sums of money decrease. You can use stop loss, take profit, buy limit, and many other functions designed for this purpose.
The broker also allows you to use scalping. This means you can open and close a position quickly. There is a one-minute minimum interval between opening and closing a trade, though. You can also hold positions overnight, but in that case the company charges interests depending on the direction of the trade.
Above all, Digital Currency Market is working on adding Market Analysis as one of the trading tools available. With this tool, traders get access to information about industries, assets, price movements, etc.
Helpful Resources
Digital Currency Market has an FAQ section that answers both general and specific questions. There, you can read about positions and rollovers, as well as pick up a few educational tips.
Another helpful resource is Trading Signals. These are fully automated trading ideas, with no human emotion involved in the process. However, the system is complemented with insight added by veteran traders and analysts – bringing together human and machine. VIP Signals is also available, depending on the type of account you sign up for.
Another helpful resource is the trading tools, which include a forex and a financial calculator, an economic calendar to stay on top of breaking news, and the AutoChartist. This last tool monitors thousands of financial instruments to reveal trading opportunities.
Summary
Based on our analysis of Digital Currency Market, this broker has many positive aspects, but also, as mentioned above, a few shortcomings. All in all, it seems the pros outweigh the cons, and that’s why our conclusion is that DCM is a reliable broker, which puts the customer first on its path to success. Digital Currency Market offers many trading tools and analysis opportunities, further strengthening this argument.
Digital Currency Market Review
Product Name: Digital Currency Market
Product Description: For almost 30 years, Digital Currency Market has been offering hedge fund services to corporate clients. After 22 years in the business and with a growing demand from retail traders, the company expanded its services. In 2016, DCM reached a total productivity of $165 billion – a figure which has been growing ever since.
Brand: Digital Currency Market
Offer price: 250
Currency: $
Offer URL: https://dcmarket.io/
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Trading Software
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Trading Features
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Helpful Resources
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Customer Service
Summary
Based on our analysis of Digital Currency Market, this broker has many positive aspects, but also, as mentioned above, a few shortcomings. All in all, it seems the pros outweigh the cons, and that’s why our conclusion is that DCM is a reliable broker, which puts the customer first on its path to success. Digital Currency Market offers many trading tools and analysis opportunities, further strengthening this argument.
Pros
- Wide variety of trading tools
- Exclusive proprietary platform
- Over 20 years of experience
- Signals provided
Cons
- Not everyone can access Trading Signals
- Only available in English and German
