Dexion Equity has been flagged by Guernsey Financial Services Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: dexionequity.com.
The mobile app from Dexion Equity 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: Dedicated account manager|Clean UI
Cons: Limited ETF selection|Mobile app could be improved
Dexion Equity advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Regular updates|Good analytical tools|Two-factor authentication|Demo account available
Cons: Desktop app not available on Linux
I referred a friend to Dexion Equity based on a colleague's recommendation. 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: Wide product range|Fast deposits|Reliable uptime|Good analytical tools
Cons: Wish they had more educational resources
Dexion Equity offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Reliable uptime|Demo account available|Automated trading options|Great customer service
Cons: Minor UI glitches occasionally
I gave Dexion Equity a fair chance. After for a few weeks now of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Excellent charting|Reliable uptime|Good mobile app
Cons: No live chat on mobile|Minimum deposit could be lower