Cryptocurrency Exchanges

Dctrade (Imposter)

1.5 (8 reviews)
🇳🇿 New Zealand
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About Dctrade (Imposter)

Dctrade (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Michelle A.
1 months ago

I experienced a security concern with my Dctrade (Imposter) 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: Helpful community forum|Segregated accounts

Cons: Inactivity fee applies after 12 months

Something doesn't add up here

A
Andrew V.
1 months ago

After seeing ads for Dctrade (Imposter) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Not registered with regulators|Unrealistic promises

Important information for potential investors

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Christopher G.
1 months ago

For anyone considering Dctrade (Imposter), please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Do not believe the hype

J
Jessica K.
3 months ago

The mobile app from Dctrade (Imposter) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Detailed reporting|Risk management tools

Cons: Search feature is basic

Lost my investment - DO NOT TRUST

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Anna A.
6 months ago

I want to warn everyone about Dctrade (Imposter). They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Pros: Initially responsive customer service

Cons: No regulatory oversight|Money disappeared|Fake testimonials

Platform freezes when you need it most

T
Teresa K.
6 months ago

I referred a friend to Dctrade (Imposter) through my accountant's suggestion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Great customer service|Good analytical tools|Smooth onboarding

Cons: No fractional shares

Overnight fees excessive

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Michael S.
9 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Dctrade (Imposter) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Copy trading available|Regular platform improvements

Cons: Limited demo account features

Lost my investment - DO NOT TRUST

M
Michael A.
11 months ago

I want to warn everyone about Dctrade (Imposter). They have been flagged by Financial Markets Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.

Pros: Initially responsive customer service

Cons: Blocked my account|No legitimate license|Fake returns