DMT Limited has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +44 0208 123 0204
Addresses: Level 3 207 Regent Street LONDON W1B 3HH 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.dmt-ltd.co.uk.
The so-called education at DMT Limited 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: Clean UI|Low minimum deposit|Automated trading options
Cons: No dark mode on mobile|Slow to add new assets
Do not be fooled by the professional-looking website. Behind the scenes, DMT Limited is disorganized and incompetent. I found them when my bank disappointed me and I searched for alternatives and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Quick verification|Good analytical tools|Multi-currency support|Responsive team
Cons: Spreads widen during volatile periods|No integrated tax optimization
The mobile app from DMT Limited 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: Educational resources|Fast support response|Full transparency|Helpful community forum
Cons: Withdrawal takes 1-2 business days
I have been trying to close my account with DMT Limited for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Responsive team|Regular updates|Multiple order types
Cons: Could offer more webinars
DMT Limited changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Tax reports included|Regular updates|Automated trading options
Cons: Cannot customize dashboard fully|Could offer more webinars