DCA-Finance Review

Is DCA-Finance Scam or Legit Broker?

No, it is not safe to trade with DCA-Finance. According to the website, the broker holds an FCA license, while in reality the company is blacklisted by the authority. Besides, the broker seems to target French-speaking societies, as the website has also a French version. 

• DCA-Finance does not hold any regulation, on top of all, it pretends to be a trustworthy broker with tight regulations, which leads to believe that its main intention is attracting clients and their funds.

What is DCA-Finance?

DCA-Finance is a company that claims its world-leading online cryptocurrencies and asset trading position in a transparent, enjoyable, and simple way. The registration and the location of the company are not clear, as the broker didn’t provide a legal or registered name of the firm.

• Broker’s offering diverted to English and the French-speaking population, while in the French version of the website, the company dared to mention its FCA regulation status even with the license number provided. However, this is absolutely fake information which shows that potential traders and investors should be extremely careful before they trust to the offering and check all data in legal sources.

• In addition, DCA-Finance was blacklisted by the EU authority, while potential clients were alerted to invest with the firm and trust their proposal. There are currently numerous similar-looking firms that offer Crypto trading and offer high incomes due to the Crypto boom in the market, yet the companies are frauds.

  “The FSMA has put together a list of cryptocurrency trading platforms, including DCA-Finance about which it has received complaints from consumers and has identified signs of fraud. These are cases of investment fraud pure and simple. In order to avoid such cases of fraud, the FSMA invites would-be investors to exercise utmost prudence and advises them to remain alert to any indication of investment fraud. It, therefore, offers a few recommendations always verify the identity of the company, in case a company cannot be clearly identified, it should not be trusted.”

  FMSA, Belgium. October 2018.

DCA-Finance Review Conclusion

In conclusion, you should avoid DCA-Finance or similar offerings that promise an easy way to trade Cryptos and choose among the reliable brokerage firms with authorization status that protects clients and are fully legal entities. Treaders should sign in with reliable brokers such as BlackBull Markets, FXGT, and FBS.

DCA-Finance Update

Based on our research, the DCA-Finance website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.