Forex Brokers

Department of Global Market Acquisitions

1.2 (9 reviews)
🇦🇺 Australia
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1.2
9 reviews
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About Department of Global Market Acquisitions

Department of Global Market Acquisitions has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +81-3-4520 8919, Fax: +81-3-6369 3942

Addresses: 6F Zenken Plaza 1-4-11 Nishi-Shinjuku Shinjuku-ku Tokyo 160-0023 Japan 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.deptgma.org.

Customer Reviews

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Account locked for no reason

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Luke F.
3 weeks ago

I found Department of Global Market Acquisitions after a trusted YouTuber reviewed them and the initial impression was positive. But for about three months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Good mobile app|Fast execution|Intuitive for beginners|Clean UI

Cons: Spreads widen during volatile periods|No crypto staking

Pushed structured products

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Robert B.
1 months ago

Customer support at Department of Global Market Acquisitions seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Regular updates|Easy to use platform

Cons: No crypto staking

Not what they promise

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James Y.
2 months ago

Do not use Department of Global Market Acquisitions for anything serious. I used them for about five months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.

Pros: Personal attention|Segregated accounts|Dividend tracking|Multi-currency support

Cons: No phone support on weekends|Withdrawal takes 1-2 business days

Disappointing experience overall

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Jessica M.
4 months ago

After for about eight months with Department of Global Market Acquisitions I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Portfolio tracking tools|Fast deposits|Comprehensive tools

Cons: Slow to add new assets|No crypto staking

More problems than solutions

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Lindsey N.
5 months ago

I signed up with Department of Global Market Acquisitions after seeing their ad online and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Smooth onboarding|Economic calendar

Cons: Limited cryptocurrency options|No live chat on mobile

No negative balance protection

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Mia X.
6 months ago

Department of Global Market Acquisitions seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Transparent fees|Dedicated account manager|High security standards|No hidden fees

Cons: Alert system is basic|Live chat only during business hours

Can not recommend in any way

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Isaac B.
6 months ago

I joined Department of Global Market Acquisitions through my accountant's suggestion and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Transparent fees|Regular platform improvements|Intuitive for beginners|Helpful community forum

Cons: Limited demo account features

They have gotten worse over time

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Nora L.
7 months ago

After spending for the past six months trying to make Department of Global Market Acquisitions work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

Pros: Customizable dashboard|Regular updates|Instant funding|Multi-currency support

Cons: Mobile app could be improved|Help articles are sometimes vague

Estate planning support zero

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Vanessa F.
11 months ago

The spread at Department of Global Market Acquisitions is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.

Pros: No hidden fees|Reliable uptime|Social trading features

Cons: Charting tools need more indicators|Wait times can be long during peak hours