DIGITAL FX TRADING has been flagged by Financial Conduct Authority 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: www.digitalfxtrading.com.
I was about to invest with DIGITAL FX TRADING but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
KYC with DIGITAL FX TRADING is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Educational resources|Fast deposits|Automated trading options
Cons: No crypto staking
My card was charged twice by DIGITAL FX TRADING on the same day. I had to dispute it with my bank. DIGITAL FX TRADING then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Easy withdrawals|Multi-currency support
Cons: Charting tools need more indicators|Could offer more webinars
I had high hopes for DIGITAL FX TRADING after a family member had a good experience, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Portfolio tracking tools|Personal attention
Cons: Limited ETF selection|Help articles are sometimes vague
I experienced a security concern with my DIGITAL FX TRADING 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: Clear documentation|Real-time alerts
Cons: Onboarding videos are outdated|Minor UI glitches occasionally
I was contacted by DIGITAL FX TRADING through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics