✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company DCYMarkets is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about DCYMarkets and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitedcymarkets.com
🏠 CompanyDoes not mention it
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressUnmentioned
🕑 Website ageWebsite registered on: October 02, 2023
Company typeCryptocurrency, indices, stocks, cfds, forex and commodities broker

Company: DCYMarkets does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.

Location: DCYMarkets does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.

We can already tell you that we are concerned about several characteristics of this company.

What is DCYMarkets?

After having carried out an analysis of the company's website, we can say that DCYMarkets is a cryptocurrency, indices, stocks, cfds, forex and commodities broker.

Account types

The platform offers 4 different types of accounts:

account typeminimum initial deposit
Standard$250
Silver$2500
Gold$10,000
VIP$50,000

Information on the web

DCY Markets Website

Here we show you a screenshot of the DCYMarkets website, which is dcymarkets.com. The capture was made in November of 2023.

Contact: phone numbers and email

1) After having performed an analysis of the website:

– We have found the following email: [email protected]

DCYMarkets Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 DCYMarkets final valuation 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of DCYMarkets and we have reached the following conclusions about this company:

Location: It is not mentioned where it is located.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

In addition to this the company has pyramidal characteristics, please be careful.

Please remember that the company has been reported by different financial regulators (in this case BaFin, the German regulator). Use EXTREME CAUTION.

This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.

The DCYMarkets platform raises serious concerns in terms of reliability and transparency. One of the most notable issues is the complete lack of information about its location, which generates uncertainty and lack of clarity about the company's operational basis. This lack of details is an indication of a lack of seriousness in commercial terms.

The absence of any mention of regulation is cause for alarm. This implies that DCYMarkets operates without regulatory oversight, leaving investors without protection and increasing the risks associated with investing in this platform. In addition, characteristics are observed that could be associated with pyramid schemes, which requires caution on the part of potential investors.

The complaint by financial regulators, such as BaFin in Germany, aggravates the situation. These types of signals indicate possible irregularities and commercial practices that could contravene financial regulations. Therefore, extreme caution is advised when considering any investment with DCYMarkets.

The lack of transparency about business affiliation is another disturbing element. The reluctance to reveal which company it is associated with suggests a lack of seriousness and transparency, which should alert potential investors to the potential risks when trading with DCYMarkets. In short, it is highly recommended to explore more reliable and transparent alternatives in the financial market to protect your investments and avoid possible complications.

Updates

News about DCYMarkets:

Date Update – news
November 2023Complaint against DCYMarkets financial regulator Bafin

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”9004 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with DCYMarkets.

At the end of the review you will find customer comments.


How to Claim Money Scammed by DCYMarkets

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report DCYMarkets

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to DCYMarkets?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report DCYMarkets?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is DCYMarkets trustworthy?

No. DCYMarkets is not trustworthy, it is a very unsafe company: 1) mention location situation, 2) mention regulatory situation 3) mention age of the website 4) o 5) o 6) o 7) optional depending on whether the company has pyramidal characteristics or mentions returns so high that we believe they are false or is linked to a scam company or has warnings from financial regulators

How to recover money from DCYMarkets?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «DCYMarkets: OPINION AND COMMENTS – IS IT A SCAM?»

  1. Erik Reply

    This company is a hoax. I'm telling you from my own experience, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Erik, thanks for writing about DCYMarkets. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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