Score
Diversify
Saint Vincent and the Grenadines|5-10 years| https://diversifyexchange.com/
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MT4/5 Identification
MT4/5 Identification
White Label
United StatesContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
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DIVERSIFY EXCHANGE
Diversify
Saint Vincent and the Grenadines
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
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Diversify · Company Summary
Overview of Diversity
Diversify offers two different account types and multiple trading assets for users to meet various needs. They also operate with the MT5 platform, ensuring safety and security. However, Diversify does not have a license and works without any supervision, in addition to the fact that the official site is unavailable. This might place investors at a higher risk due to this lack of rules with little visibility to them.
Pros and Cons
| Pros | Cons |
| • Offers two different account types | • Operates without regulatory oversight, potentially exposing traders to risks |
| • Offers multiple trading assets | • The official website is unavailable currently |
Is Diversify Legit？
Diversify seems to operate without any regulatory oversight in Saint Vincent and the Grenadines.
What Can I Trade on Diversify？
Diversify offers many different trading instruments including forex, indices, materials primas, and stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Futures | ❌ |
| Maturities | ❌ |
Account Type
Diversify offers two types of accounts: Cuenta DL (DL Account) and Cuenta Estándar (Standard Account):
| Feature | Cuenta DL (DL Account) | Cuenta Estándar (Standard Account) |
| Spread Type | DL spread | Standard spread |
| EUR/USD Spread | 0.0 pips | from 1.0 pip |
| Commission | $0.00 per lot | $50.00 per lot |
| Max Leverage | 1:100 | 1:500 |
| Allows | EAs, scalping, hedging | EAs, scalping, hedging |
| Monthly Fee | $99.99 USD | N/A |
| Minimum Deposit | N/A | $200 USD |
Trading Platform
| Trading Platform | Supported | Suitable for what types of traders |
| MT5 Windows | ✔ | Experienced traders, scalpers, swing traders, hedge fund managers |
| MT5 Mobile | ✔ | Traders on the go, scalpers, swing traders |
Customer Service
You can reach out to Diversify by email at accounts@diversifyexchange.com.
| Contact Options | Details |
| accounts@diversifyexchange.com. |
The Bottom Line
Diversify offers a variety of asset types for different trading needs. Also, they use MT5 to ensure security. However, lacking regulatory oversight is the biggest concern. Due to this and the limited information on their website, Diversify seems best suited for experienced traders who can conduct their own thorough research.
FAQs
Is Diversify safe？
Diversify operates without regulatory oversight, raising safety concerns. It's best to proceed with caution.
Is Diversify good for beginners？
No. Due to the lack of regulation and potential risks, Diversify is not suitable for beginners. Beginners should prioritize platforms with regulatory oversight and educational resources.
Is Diversify good for day trading？
The platform may offer features suitable for day trading, but the lack of regulation remains a major concern. Consider regulated platforms with robust security measures for day trading.
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