Dsdaq is an online financial services provider that strives to bridge the gap between the conventional financial world and the cryptocurrency ecosystem. Their breakthrough innovation is the crypto collateral trading system; it allows clients to borrow “buying power” from the platform while still holding their cryptos. Through Dsdaq’s innovative crypto collateral trading system, users could use cryptocurrencies to trade forex, stocks, indices, ETFs, commodities, and other assets. There are various educational resources and a customer support team to assist traders. The minimum deposit required to start trading is 0.001 BTC/BCH/LTC, and there is a leverage of up to 1:100.
Dsdaq Review, Pros & Cons
- Proprietary mobile trading platform
- Educational resources
- Multiple financial instruments
- Professional customer support
- No USA clients
- Limited deposit/withdrawal options
- No MetaTrader platforms
In this detailed Dsdaq review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Dsdaq is a multi-asset broker that allows traders to use various cryptocurrencies — Bitcoin, Bitcoin Cash, and Litecoin — to trade over 300 financial assets. They provide traders with a proprietary trading platform that is available as a mobile app. The brokerage is founded by a team of professionals in marketing, finance, operation, technology, and compliance.
There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Dsdaq is not available to citizens or residents of the United States of America, Peoples Republic of China, Crimea, Iran, Syria, North Korea, Sudan, or any other jurisdiction where such services may be restricted.
Some Dsdaq features and products mentioned within this Dsdaq review may not be available to traders from certain countries because of legal restrictions.
The broker provides traders with an in-house-developed trading platform. The Dsdaq trading platform is the world’s first trading app that allows users to use their cryptos to trade over 300 popular financial assets, such as stocks, indices, commodities, ETF, futures, and forex, with up to 10-100 times leverage. The user interface is highly intuitive, and the default view features a simple candlestick chart to quickly view live price action, which can be expanded to full-screen mode. The platform is available as a mobile app that is compatible with Android and iOS devices and can be downloaded from the respective app stores. The mobile makes it easier for traders to get access to their trading accounts and place trades any time and from anywhere in the world as long as there is an internet connection.
Dsdaq Trading Tools
There are no standalone trading tools on the broker’s website at the moment.
The broker’s website contains a good selection of educational resources to improve the overall trading skills and knowledge of clients. These learning resources include a trading academy, announcements, news, and an FAQ section that answers some of the clients’ most common questions.
Dsdaq offers the following financial markets: forex, stocks, indices, ETFs, commodities, and more.
Dsdaq Accounts & Fees
The broker allows traders to open a single live trading account. The account requires a minimum deposit of 0.001 BTC.
As broker fees can vary and change, there may be additional fees that are not listed in this Dsdaq review. It is imperative to ensure that you check and understand all of the latest information before you open a Dsdaq broker account for online trading.
All clients’ general, technical, and account-based inquiries are channeled to a knowledgeable customer support team. The support team can be contacted via telephone, email, social media, Live Chat powered by Zendesk.
Dsdaq Deposit & Withdrawal
Traders can deposit and withdraw funds using cash and various cryptocurrencies: Bitcoin, Bitcoin Cash, and Litecoin.
Dsdaq Account Opening
To open an account, simply download the mobile app from your App Store or Google Play and sign up using the in-app registration form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Dsdaq is an established retail broker that is located in Hong Kong. On Dsdaq, users can use their cryptos to trade 300+ popular financial assets, such as stocks, indices, commodities, ETF, futures, and forex, with leverage that ranges from 10X to 100X. There are various educational resources as well as a responsive customer support team to assist traders. The minimum deposit required to start trading is 0.001 BTC, and leverage of up to 1:100 is available. However, there is no regulatory information on the broker’s website at the moment.
Trading Leveraged Financial Products are highly speculative and are suitable only for those Customers who (a) understand and are willing to assume the economic, legal and other risks involved, and (b) are financially able to assume losses significantly above Margin or deposits.