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DIF Broker Review and Tutorial

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DIF Broker Facts & Figures

DIF Broker is an online Portuguese broker offering proprietary trading solutions.

 

Awards

• Best Online Broker Western Europe 2013 – 2017 – Global Banking & Finance Review
• Best Multi-Asset Provider 2017 – Global Banking & Finance Review

Bonus N/A
Instruments Forex, CFDs, ETFs, indices, shares, energies, futures, options, bonds
Demo Account Yes
Min. Deposit Undisclosed
Pay Methods Visa
Min. Trade 0.01 lots
Regulated By CMVM, CNMV
MetaTrader 4 No
MetaTrader 5 No
cTrader No
ECN Account No
DMA Account No
Mobile Apps Yes
Auto Trading No
Social Trading No
Copy Trading No
Trade Signals Yes
Islamic Account No
CFD
FTSE Spread 1
GBPUSD Spread 3
Oil Spread 0.05
Stocks Spread Variable
Leverage 1:30
Forex

Trade close to 200 majors, minors & exotics.

 

GBPUSD Spread 3
EURUSD Spread 3
EURGBP Spread 3
Assets 180+
Risk Warning – Your capital is at risk

DIF Broker is situated in Portugal and offers many online instruments, including monetary standards, CFDs, and ETFs. Our audit of the application jumps into the demo and live records, charges, and that’s only the tip of the iceberg. Regardless of whether you’re a free merchant or an expert financial backer, see whether you ought to log in with DIF Broker.

DIF Broker Headlines

DIF Broker was set up in 1999 in Portugal and is directed by the Portuguese and Spanish Authorities for Financial Supervision (CMVM and CNMV) and the Bank of Portugal. Likewise, the brokerage has a branch in Uruguay (controlled by the Central Bank of Uruguay) and is enlisted with other European controllers, remembering the FCA for the UK. 

Since 2016, the organization has extended quickly, securing Saxo Bank retail tasks in Latin America, just as autonomous asset organization, Optimize. Today, the supplier serves a great many customers in more than 20 nations. 

DIF Broker endeavours to offer remarkable assistance, accentuating mechanical development and extended haul support for both relaxed dealers and high volume financial backers.

DIF Broker Platform

The broker’s restrictive multi-resource stage admins more than 35,000 instruments on an intuitive and easy-to-understand interface. 

Merchants can use more than 50 specialized markers, including RSI, Moving Averages, and Bollinger Bands. There’s additionally admittance to financial news, a financial schedule, and incorporated exchanging signals using Autochartist. Inside the record dashboard, you can likewise create exchanging covers benefit and misfortune insights, execution history, and that’s only the tip of the iceberg. 

Generally speaking, the stage’s outlining and investigation capacities are genuinely excellent contrasted and any semblance of MetaTrader 4. The location is accessible as a downloadable work area arrangement or a non-downloadable web terminal.

Markets

DIF Broker offers a great many instruments across a scope of resource gatherings, including more than 180 money sets, a vast number of CFDs on worldwide offers, in addition to 21 files. There’s likewise a decent choice of valuable metals and different items, just as fates, ETFs, bonds, and options. The only thing missing is that this survey would have gotten a kick out of the chance to have seen digital currencies, like Bitcoin.

Trading Fees

Average spreads on mainstream money combine, for example, EUR/USD and GBP/USD, are 3 pips. Spreads are around 1 pip for the S&P 500 and 0.05 for raw petroleum. Contrasted with comparative suppliers, XTB, DIF Broker’s forex costs are not the most aggressive. 

Commissions and guardianship charge additionally apply contingent upon the instrument you are exchanging. US shares, for instance, are charged at 0.10% of the volume (at least 10 USD) and from 0.75 focuses on the S&P 500. Likewise, the brokerage applies an idleness charge of 36 EUR on the off chance that you leave your record limp for a year.

Leverage

The most significant influence accessible at DIF Broker is 1:30 on mainstream money sets, according to European administrative limitations. Edge necessities are additionally given inside the exchanging stage.

Mobile Apps

The broker’s foundation is accessible on tablet and cell phones, downloadable from the App Store or Google Play. The application offers a great many instruments that can be exchanged straightforwardly through live, customizable diagrams. Clients can likewise get to a monetary news channel, just as coordinated exchange signals and an ongoing presentation of record execution.

Payment Methods

Customers can stack exchanging accounts utilizing on the web bank moves. Installments are prepared right away; however, clients should get any mediator expenses. Sadly this audit was disillusioned with the restricted data encompassing stores and withdrawals, including least store prerequisites. This is positively something that ought to be worked on moving advances, as most different contenders are straightforward with this data.

Demo Account

DIF Broker offers a demo account accessible for 15 days and is pre-stacked with €100,000 in virtual money. 

The demo account is significant for anybody thinking about this supplier, as it’s a decent method to try out the exclusive stage before submitting genuine cash. Merchants can mimic exchanges, screen the business sectors in the live feed, or run exchanging reports inside the recording area.

DIF Broker Bonus

DIF Broker doesn’t offer any different arrangements. With administrative oversight given by a few European organizations, the absence of limited time suggests is nothing unexpected.

Regulations

DIF Broker is approved and managed by the Bank of Portugal, the Portuguese Securities Market Commission (CMVM) under permit number 276, and the Spanish National Securities Market Commission (CNMV) under permit number 36. The organization is additionally enrolled with other European controllers, including BaFin (Germany) and the FCA (UK). 

As a feature of its administrative prerequisites, DIF Broker uses isolated ledgers for putting away and moving client reserves. Likewise, the brokerage partakes in the Investor Compensation System, offering a discount assurance of up to €25,000.

Additional Features

Dealers who meet a base number of month-to-month exchanges get restrictive admittance to two everyday online courses led by industry experts. Note that this likewise requires a membership, subtleties that are just momentarily referenced in the FAQ area. Again, there are month-to-month instructive courses, just as a determination of digital books, YouTube instructional exercise recordings, and a blog.

Accounts

Records at DIF Broker depend on what sort of financial backer you are, for example, regardless of whether you intend to contribute without anyone else, contribute with a consultant, or contribute with a portfolio supervisor. 

A standard brokerage record will give you admittance to every instrument and apparatus shown in the demo account if you contribute without anyone else. Those contributing with a guide or portfolio supervisor will get custom portfolios custom-made to their exchanging style and hazard resistance.

Benefits

In contrast with different contenders, for example, Degiro or easyMarkets, DIF Broker offers some prominent highlights, including:

  • Autochartist signals
  • Wide range of instruments
  • In-platform statistical reports
  • Desktop, web and mobile trading

Drawbacks

Regions that could do with progress include:

  • No MetaTrader platforms
  • The 15-day limit in demo accounts
  • Trading conditions not competitive
  • No cryptocurrencies such as Bitcoin

Trading Hours

Exchanging hours for different resources relies upon the particular stage meeting times. The item dashboard inside the stage will advise you if the specific resource is open for exchanging.

Customer Support

DIF Broker can be reached using phone, email, or workplace addresses in Lisbon, Porto, or Madrid. There is likewise a coordinated visit inside the stage; notwithstanding, this is just open once you open a live record.

  • Email – hdesk@dif.pt
  • Telephone – +351 211 201 595

While the group is functional, we’d prefer to have seen a help gathering and a more definite FAQ entryway.

Security

The brand isn’t exceptionally straightforward about the security of its foundation. Most exchanging stages accompany industry-standard encryption frameworks and double factor confirmation, so we trust that DIF Broker’s answer gives a similar degree of assurance.

DIF Broker Verdict

DIF Broker dominates in its resource offering. However, it is ideal to see Bitcoin and other cryptographic forms of money advertised. The brokerage’s exchanging conditions and expenses are not the most aggressive in the business, be that as it may, and the demo account terminates within 15 days. In light of this, brokers might need to consider opening a record somewhere else.

Accepted Countries

DIF Broker accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders cannot use DIF Broker from the United States.

Alternatives to DIF Broker

If you are searching for options in contrast to DIF Broker, we have aggregated a rundown of the best 5 brokers like DIF Broker underneath. This rundown of brokers like DIF Broker is arranged by likeness and incorporates organizations that acknowledge merchants from your area. 

  1. Infinox – Infinox is a UK-based broker contribution MT4 exchanging with tight spreads. 
  2. OctaFX – OctaFX offers multi-resource exchanging on a scope of stages and portable arrangements. 
  3. IronFX – IronFX offers internet exchanging forex, stocks, prospects, products and digital currencies 
  4. RoboForex – RoboForex is a multi-resource online broker contributing amazing exchanging helpers. 
  5. Fortrade – Fortrade is a multi-resource broker contributing a straightforward live record with cutting-edge devices.

FAQ

Is DIF Broker regulated?

Indeed, DIF Broker is managed by the Bank of Portugal and the Portuguese and Spanish administrative specialists, CMVM and CNMV.

Where is DIF Broker located? 

DIF Broker is situated in Lisbon, Portugal, yet has different workplaces in Madrid, just as Uruguay.

How do I open an account with a DIF broker? 

You can open a record by filling in the short enrollment structure on the site. You should check your personality by giving archives and taking part in a character confirmation video call.

What platforms does DIF Broker offer? 

DIF Brokers offers its own exchanging stage that can be downloaded onto work area PCs or mobiles and gotten to an internet browser.

Does DIF Broker offer a demo account?

Indeed, DIF Broker offers a 15-day practice account that incorporates €100,000 in virtual money.

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