DSS776 has been flagged by Commissione Nazionale per le Società e la Borsa 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.
The hidden fees at DSS776 are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Tax reports included|Stable platform
Cons: Onboarding videos are outdated|No crypto staking
Customer support at DSS776 seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Fast deposits|Competitive fees
Cons: Currency conversion fee exists|No dark mode on mobile
DSS776 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: Two-factor authentication|Instant funding|Great customer service|Educational resources
Cons: Would like more payment methods|Onboarding videos are outdated
The mobile app from DSS776 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: Clean UI|Dividend tracking
Cons: Limited social trading features|Mobile app could be improved
Several red flags with DSS776: (1) They promise unrealistically high returns, (2) They're not registered with Commissione Nazionale per le Società e la Borsa, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
If you are reading this considering DSS776 - run. I wish I had read more negative reviews based on a colleague's recommendation. I thought the positive ones were real. Maybe some are. My experience over since early this year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Full transparency|Regular platform improvements|Social trading features
Cons: Mobile app could be improved|Inactivity fee applies after 12 months
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. DSS776 said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Two-factor authentication|Low minimum deposit|Helpful community forum
Cons: No integrated tax optimization
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. DSS776 recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: API access|Social trading features|Quick verification|Instant funding
Cons: Alert system is basic|Email notifications too frequent
After for a couple of months now with DSS776 I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Good analytical tools|Detailed reporting|High security standards
Cons: Minimum deposit could be lower|No integrated tax optimization
I found DSS776 through a podcast recommendation and the initial impression was positive. But for nearly two years later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Intuitive for beginners|Social trading features
Cons: Website design could be more modern|Wish they had more educational resources