Depaho reviews

Depaho_logo Depaho 6/10 (votes 2374)

On-line since: -
Country of origin: Cyprus
Regulation: Cyprus Securities and Exchange Commission (CySEC)
Payment options: wire transfer, credit cards, e-wallets
Minimum account size: -
Minimum lot size: -
Leverage: -
Spreads: -

Depaho Ltd is an investment firm regulated by the Cyprus Securities and Exchange Commission (CySec) with license №161/11. The company complies with financial stability standards and ensures proper handling of client funds. Depaho Ltd has the right to operate not only in Cyprus, but also in the EU and Ukraine. The firm also has a branch in Spain. Depaho Ltd. operates under the trademarks FXGM (www.fxgm.com), GTCM (www.gtcm.com) and TRADEAPP (www.tradeapp.com).

Company’s Services:

The company offers investment services, which include receiving and transmitting orders for one or more financial instruments, executing orders on behalf of clients, and dealing on own account.

The company also provides additional services, in particular safekeeping and administration of Financial Instruments for the account of Clients, granting credits or loans to an investor, foreign exchange services, investment research and financial analysis, etc.

Trading conditions:

In order to get more information about trading conditions, you need to contact the support service, as this information is not publicly available.

Feedback from traders:

Traders are dissatisfied with the work of the support service and the slow work of the platform. However, they note the withdrawal of money on time.

Pros:

  • The company is regulated by the state
  • The company is authorized by several regulatory bodies at once

Cons:

  • There is no information about trading conditions on the website

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Comments about broker

Jack trader
review Depaho
21-07-21

My main issue with Depaho is their payment system. The trading experience is good but when it comes to deposit or withdrawal transactions, there is always an issue. On top of that, they charge high fees on every transaction which is a little disappointing.

Giannis trader
review Depaho
29-06-21

Trading is uncomfortable to me with the Depaho broker. As their MT4 trading platform has the worst execution and their payment service isn't good in my trading experience. Yesterday I have open two positions, T/P and S/L 50 set pips. But The orders closed automatically without any issue and I had lost $57. But It was my profitable trades. When I've asked their customer service about this issue, they didn't respond. So I've withdrawn the rest investment and left the Depaho broker.

Alvaro trader
review Depaho
04-01-21

I ‍have a horrible experience when trading with Depaho broker. Their platform isn't good. Their execution's performance is worst, as the trade executions could be frozen or spread could be high after place an order. Also, sometimes the order unable to close on a profitable position too. I have found the price quote is different from the running market and many fake candles on the chart. They are not recommended broker.

Sunayana trader
review Depaho
04-11-20

With the current trading conditions of Depaho, I think this broker is only suitable for huge investors. Their minimum initial deposit requirement is too high and even their trading fees are huge. Small traders like myself has no chance of progressing in this broker. And honestly, even if I could afford the capital, I think it is still not worth it to trade with this broker.

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