DB Wealth Institute (dreamboot.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.dreamboot.com.
I experienced a security concern with my DB Wealth Institute (dreamboot.com) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Transparent fees|Great customer service
Cons: Wait times can be long during peak hours
The so-called education at DB Wealth Institute (dreamboot.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a couple of months now thinking they would help me learn.
Pros: Dedicated account manager|Full transparency|Responsive team|Excellent charting
Cons: No phone support on weekends
DB Wealth Institute (dreamboot.com) locked my account without warning and demanded documents I had already submitted. since I retired last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Helpful community forum|Fast deposits|Full transparency
Cons: Wait times can be long during peak hours|Limited demo account features
My withdrawal from DB Wealth Institute (dreamboot.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for about three months of being strung along.
Pros: No hidden fees|Real-time alerts|Smooth onboarding|Competitive fees
Cons: Desktop app not available on Linux|Wish they had more educational resources
DB Wealth Institute (dreamboot.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Social trading features|Multiple order types|Dedicated account manager
Cons: Spreads widen during volatile periods