Note: Adams Darby is to operate via the website - https://www.adamsdarby.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
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 contained in this article is for general information purposes only.
General Information & Regulation
Adams Darby is allegedly a forex broker registered in China that claims to provide its clients with leverage up to 1:600 and floating spreads around 1 pip on the MT4 and web-based trading platform.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, minimum deposit, etc.
As for regulation, it has been verified that Adams Darby currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.25/10. Please be aware of the risk.
Market Instruments
Adams Darby advertises that it is a forex broker that mainly offers forex currency pairs trading. However, more specific information about tradable assets cannot be found on the Internet.
Leverage
The leverage provided by Adams Darby is capped at 1:600. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads
Adams Darby offers floating spreads. For the FX majors like the EUR/USD, the spread is floating around 1 pip, which is tighter than the industry average of 1.5 pips.
Trading Platform Available
The platform available for trading at Adams Darby is one of the most notable and preferred trading platforms the market offers - MetaTrader4 and a web-based trading platform. The MT4 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
Adams Darby says to work with wire transfers, credit cards and ePayments. However, the withdrawal fee is quite high - $/€/£50 for wire transfers; $/€/£25 for credit cards plus a processing fee of $10/€7/£5; and $/€/£25 for ePayments. Whats more, it charges all accounts that have not reached a turnover of 200 times with a 10% levy.
Bonuses & Fees
Adams Darby claims to offer some bonuses. However, the bonus may only be withdrawn subject to execution of a minimum trading volume of 25 times the deposit amount plus the bonus issued.
Also, the broker charges a dormant fee - if your account is inactive within 6 months, your account becomes dormant and will be subject to a deduction of 10% each month.
Customer Support
The only way you can approach Adams Darby is via email: support@adamsdarby.com. However, this broker doesnt disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
Frequently Asked Questions (FAQs)
