Dilex Trade 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.
Dilex Trade 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|Instant funding|Educational resources
Cons: Limited demo account features
What really bothers me about Dilex Trade is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them from a review site like this one and I fell for the polished exterior. Never again.
Pros: High security standards|Copy trading available|API access
Cons: Limited social trading features|No phone support on weekends
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. Dilex Trade said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Helpful community forum|Competitive fees|Two-factor authentication|Low minimum deposit
Cons: Some tools only available on higher tiers|Spreads widen during volatile periods
I was about to invest with Dilex Trade 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
The so-called education at Dilex Trade 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 roughly four months thinking they would help me learn.
Pros: Copy trading available|Great customer service|Portfolio tracking tools
Cons: Inactivity fee applies after 12 months|Currency conversion fee exists
I gave Dilex Trade a fair chance. After for about five months 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: Fast execution|Good analytical tools
Cons: Search feature is basic
The reporting at Dilex Trade is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Multi-currency support|Good mobile app|Smooth onboarding|Full transparency
Cons: No integrated tax optimization
Tried to withdraw my funds from Dilex Trade and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Blocked my account|No legitimate license|Fake returns
The platform at Dilex Trade is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over three years of dealing with this, I have had enough.
Pros: Multiple order types|Multi-device support
Cons: No dark mode on mobile
Dilex Trade 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: Quick verification|Economic calendar|Dedicated account manager|Smooth onboarding
Cons: No integrated tax optimization|Desktop app not available on Linux