DML Markets has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
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. DML Markets said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: No hidden fees|Fast support response
Cons: Slow to add new assets
I was contacted by DML Markets 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: Lost entire investment|Reported to authorities|Unresponsive
I closed a profitable position at DML Markets and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Clean UI|Dedicated account manager|No hidden fees
Cons: No live chat on mobile|Limited social trading features
What really bothers me about DML Markets is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through my accountant's suggestion and I fell for the polished exterior. Never again.
Pros: Market news feed|Quick verification|Multiple order types
Cons: Email notifications too frequent|Slow to add new assets
After for nearly two years with DML Markets, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Customizable dashboard|Market news feed
Cons: Account statements could be more detailed
Tried to withdraw my funds from DML Markets 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.
Pros: Professional looking website
Cons: Lost entire investment|Reported to authorities|Unresponsive
I opened an account with DML Markets for nearly two years ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Quick verification|Tax reports included
Cons: Help articles are sometimes vague
KYC with DML Markets 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: Dedicated account manager|Wide product range|Educational resources
Cons: Cannot customize dashboard fully
I experienced a security concern with my DML Markets 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: Clean UI|Regular updates|Tax reports included
Cons: Currency conversion fee exists|Nothing significant
After spending for about three months trying to make DML Markets 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: Instant funding|Multi-currency support
Cons: Research section could be deeper