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Global Broker Regulation & Inquiry App

Score

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The WikiFX Score of this broker is reduced because of too many complaints!

DOUBLE DRILL

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.doubledrill.net

Website

Rating Index

Contact

(888)234-5686
https://www.doubledrill.net
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

(888)234-5686

Other ways of contact

Broker Information

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Company Name

DOUBLE DRILL LIMITED

Abbreviation

DOUBLE DRILL

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 20 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

DOUBLE DRILL · WikiFX Survey

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DOUBLE DRILL · Company Summary

GENERAL INFORMATION AND REGULATION

Double Drill is a global online foreign exchange and contract for differences broker. They provide high-speed and stable trading platform and low margin

quotation for more than 100000 retail and institutional customers in more than 70 countries. Their trading products include foreign exchange and other connection services.

Their trading solutions integrate superior spread, continuous streaming media liquidity and real-time transaction execution. When you trade with them, they will connect you to many of well-known global investment banks and brokers, and directly obtain institutional pricing and liquidity of more than 50 kinds of currencies, commodities,

indexes and other transaction varieties. Their technology fills the gap between trading and technology, enabling you to leverage our institutional relationships and simplify infrastructure to maximize transaction efficiency.

MARKET INSTRUMENT

Double Drill claims to provide Forex currencies, Commodities, Indexes and other transaction varieties. But as we confirm it not regulated we may not be interested in any marketing instruments they provide .

ACCOUNT AND LEVERAGE

They failed to also provide the types of Trading Accounts available on their website with their features. They didn't also provide any information regarding the spreads offered, Commission and the minimum deposit required.

TRADING PLATFORM AVAILABLE

Double Drill Markets provides industry-leading MetaTrader 5 (MT5) trading platform for investors to enter financial markets. MT5 is an updated and improved version of its predecessor MT4. MT5 trading platform provides a new operation function to enhance customer trading experience. MT5 platform provides a library of technical analysis tools, including technical charts and indicators. There are more than 80 most popular analysis tools available. Analytical objects can be directly added to price charts to facilitate analysis, and other indicators can be used to build charts. MT5 is compatible with a wide range of programs to facilitate automatic trading. The use of algorithmic trading and trading robots (EA trading) will also promote automatic trading. MT5's economic calendar and financial news allow you to keep a close eye on global financial markets and macroeconomic indicators and help you make the most informed trading decisions.

Through MT5 platform of Double Drill Markets, customers can trade flexibly according to their own needs. Investors can trade according to their risk tolerance, the minimum number of trading hands can be 0.01, or stop-loss orders can be set to reduce risk.

DEPOSIT AND WITHDRAWAL

Unfortunately, we can‘t tell you much about Double Drill Deposit and withdrawal conditions, because they don’t give out any meaningful information.

CUSTOMER SERVICE

The only option we can witness is live chat option in their website, which we can't even say how responsive it is.

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