DBG Review : Fees, Pros and Cons, Reviews by Real Traders

DBG

Operating status: SCAM

Website: https://dbg-coltdfx.com/en/index1.html

Broker violations and abnormal records

Aug 20, 2023 The German BaFin issues a warning against DBG
On August 21, 2023, the Federal Financial Supervisory Authority (BaFin) warns consumers about the website dbg-coltdfx.com which is providing financial and investment services without the required authorisation. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_08_14_dbg_coltdfx_en.html

On August 21, 2023, the Federal Financial Supervisory Authority (BaFin) warns consumers about the website dbg-coltdfx.com which is providing financial and investment services without the required authorisation. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2023/meldung_2023_08_14_dbg_coltdfx_en.html
Aug 21, 2023 BrokersView has reviewed that DBG is an unregulated broker
On its website, the operators are simply referred to as DBG Markets and no details are given regarding their legal form. It appears that they are creating the false impression of being connected to the reputable forex broker DBGMarkets. This is a red flag.
DBG is allegedly domiciled in Hong Kong, but it is not licensed to offer financial services/products in/from this jurisdiction, as our search for this platform in the register of the Hong Kong Securities and Futures Commission (SFC) didn't yield any matching results.
Moreover, the Federal Financial Supervisory Authority (BaFin) warns consumers about the website "dbg-coltdfx.com which is providing financial and investment services without the required authorisation.
In essence, DBG is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
DBG is unequivocally a scam.

On its website, the operators are simply referred to as DBG Markets and no details are given regarding their legal form. It appears that they are creating the false impression of being connected to the reputable forex broker DBGMarkets. This is a red flag.DBG is allegedly domiciled in Hong Kong, but it is not licensed to offer financial services/products in/from this jurisdiction, as our search for this platform in the register of the Hong Kong Securities and Futures Commission (SFC) didn't yield any matching results.Moreover, the Federal Financial Supervisory Authority (BaFin) warns consumers about the website "dbg-coltdfx.com which is providing financial and investment services without the required authorisation.In essence, DBG is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. DBG is unequivocally a scam.
Jul 14, 2025 BrokersView has identified that DBG's website is currently offline
BrokersView found that the domain "dbg-coltdfx.com" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "dbg-coltdfx.com" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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