Global Broker Regulation Inquiry App
WikiFX
PitBull
1-2 years
What are pros and cons of DBS online trading features especially forex?
Broker Issues
Instruments
Leverage
Account
Platform
2025-07-01
United States
WikiFX
Reply
Risk First: proper understanding of limits is essential. Pros include seamless integration with DBS Multi‑Currency Account, preferential FX rates, proactive rate alerts, ability to set FX order watch, broad equity market access, and bank‑level reliability. Cons include absence of dedicated forex trading instruments or leverage/Hedging tools typical in forex brokers, no demo paper trading, and limited transparency on forex spreads. The platform is primarily equity‑centric with FX conversion as support feature.
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