Note: Diamond Investment's official site - https://diamondforex.co.uk/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What is Diamond Investment？
Diamond Investment Global Forex Markets is a United Kingdom-based company. However, it currently operates without any specific regulatory oversight. Unfortunately, there is no available official website to provide further information about this company and its operations.
Pros & Cons
Pros:
Low Spreads: Diamond Investment offers competitive spreads, starting from as low as 0.8 pips for the silver category. This is advantageous for traders looking to minimize costs.
Low Minimum Deposit: With a minimum deposit requirement of just $100, Diamond Investment makes entering the trading market accessible to a wide range of investors.
Cons:
Dead Website: The company website is dead or inaccessible, which hinders users from accessing important information, updates, or online services.
No Regulation: The lack of regulatory oversight raises serious questions about the company's credibility and creates potential risks for the safety of client funds.
Is Diamond Investment Safe or Scam？
Regulatory Sight: Diamond Investment is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors
User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.
Security Measures: So far we haven't found any information about the security measures for this broker.
Account Types
Silver Account: Suited for beginners or traders with a smaller investment budget. The minimum deposit requirement to open a Silver account is $100.
Gold Account: Aimed at traders who are somewhat experienced and are willing to invest higher amounts. The minimum deposit required for a Gold account is $1,000.
VIP Account: This account is designed for experienced traders who have substantial trading capital and are looking for more benefits. The minimum deposit required to open a VIP account is $5,000.
Leverage
Diamond Investment offers a maximum leverage of 1:300 for all account types. This level of leverage means that for every 1 deposited, a trader can take a position worth up to 300. This can amplify potential profits but also potential losses. As such, leverage should be used carefully, especially by less experienced traders.
Spread
Diamond Investment offers users different spreads for different account types, starting from 0.3-0.8 pips. Generally, the spreads provided by Diamond Investment are relatively lower and more competitive in the financial markets, since the average industry EUR/USD spread is 1.5 pips
Customer Support
Email: Customers can reach out for support through email at info@diamondmarkets.org. This method is suitable for inquiries that require detailed responses or for non-urgent matters.
WhatsApp: Diamond Investment also offers customer support through WhatsApp:https://wa.me/447470679555. This instant messaging platform can be convenient for quick questions and immediate assistance.
Conclusion
Diamond Investment Global Forex Markets is currently without regulation, and the absence of an operating official website makes it difficult to obtain complete information about this broker and its services. While it seems to offer some desirable trading features, the lack of regulation and an accessible website are significant concerns. We do not recommend users to trade with this broker.
Frequently Asked Questions (FAQs)
Q: Is Diamond Investment regulated or not？
A: No, it is not regulated.
Q: What is the minimum deposit of Diamond Investment？
A: The minimum deposit of Diamond Investment is $100.
Q: What is the lowest spread starting point this broker offers？
A: The lowest spread starting point is from 0.3 pips.
Q: What is the maximum leverage provided by Diamond Investment？
A: The maximum leverage is 1:300.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
