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Contract reading

What DK Trade legally published, but does not want you to read

Every clause below is published by DK Trade itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: DK Trade AG

hidden feeliability exclusionmarketing gapsole discretionaffiliate liabilityarbitrationassignmentcitation banclaim deadlinecode of conduct

DK Trade AG sells aluminium from Zug, Switzerland. Nothing it publishes covers a trading account, a deposit or a withdrawal. Its terms give you 30 days to claim and five days to report a short delivery, and then you pay in full anyway. It can set your group's debts against money it owes you, and it can rewrite the terms whenever it likes. The website sells trade finance, hedging and investment, and no document covers any of them.

Back to DK Trade

Contract risk

Money at risk
6.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
3
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
15
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
5
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
4

How the 15 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical3
Warning9
Notice3

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

3 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical4In the contract. Jump to the clause this comes from.No terms for the financing and hedging on offerCritical30 daysTime to complain. Jump to the clause this comes from.Any claim is waived after 30 daysCritical50%Profit at risk. Jump to the clause this comes from.A group company's debt can be taken from yours10%Document deadline. Jump to the clause this comes from.The KYC form asks for your customer list

What the documents say

15 clauses worth knowing about, worst first, each quoted from DK Trade's own files

01

DK Trade's activities page offers trade finance, hedging and investment. The four documents it publishes all cover the same subject: selling metal. Clause 1.1 limits the whole agreement to the supply of material. Clause 1.2 puts the unpublished sales contract above the terms you can read.

Why this matters

Money you send for anything other than metal has no published terms behind it. Nothing says when you get it back, what it buys, or who decides. The document that governs your deal is the sales contract, and you only see that after you ask.

Exhibit 1CriticalRarely seen4

constitute the entire agreement ("Agreement") between the seller ("Seller") and the buyer ("Buyer") with respect to the supply of the product described in the Sales Contract and Product Specification, as the case may be, and in the quantity stated in the Sales Contract attached to these Conditions ("Material")
Clause 1.1 in GENERAL TERMS AND CONDITIONS, p.1
Read from the broker's site on Archived copyOpen the reference
Set against a regulated standard: FINMA (Switzerland)

Firms authorised by FINMA to provide financial services have to give a client written information about the service, its costs and its risks before providing it. DK Trade names no regulator and publishes no terms for the financing and hedging on its activities page.

DK Trade is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

Our readingA company offering trade finance and hedging normally publishes terms for them. DK Trade publishes a contract for the sale of goods and nothing else.

  • Worse together with Exhibit 14Money sent for a service with no published terms goes to a company the contract never names.
02

You get 30 days from unloading to put any claim in writing, and clause 5.1 treats a late claim as waived. A short delivery gets five days, and after that you pay for the full quantity. A quality claim gets 20 days, after which DK Trade's own certificate of analysis stands.

In plain words

A manifest error means an obvious mistake by the broker.

Why this matters

Metal that arrives light, late or off grade is your loss unless you write inside the window. The clock starts when the shipment is unloaded, not when you notice the problem. Five days is the shortest of them, and a missed shortfall notice means paying for metal that never arrived.

Exhibit 2CriticalHarder than usual30 days

Any claim which the Buyer may have against the Seller under this Agreement is deemed to be waived unless the Buyer gives written notice of that claim to the Seller within 30 days after the Material is unloaded at the port of discharge or place of delivery and gives the Seller a reasonable opportunity to investigate the claim.
Clause 5.1 in GENERAL TERMS AND CONDITIONS, p.3
Read from the broker's site on Archived copyOpen the reference
Set against a regulated standard: FCA (UK)

Firms licensed by the FCA have to run a complaints procedure and tell a customer about an independent scheme they can use free of charge. These terms contain no complaints procedure, treat a claim as waived after 30 days, and send every dispute to arbitration in London.

DK Trade is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
Day 5Report a short delivery in writing, or the full quantity counts as delivered and you pay for it.10.1
Day 5Report a weight difference over 0.2 percent, or the shipping documents settle the weight.10.3
Day 20Give written notice of a quality claim, or the seller's own certificate of analysis is conclusive.6.2
Day 30Give written notice of any other claim, or the claim is treated as waived.5.1
Expert decision plus 60 daysOnly after this wait may you start legal proceedings on a quality claim.6.2
03

DK Trade can net debts across both company groups. What your group owes it can be set against what its group owes you. Clause 8.2(b) does that. Clause 8.1(e) fires on a credit problem at one of your affiliates, not at you. An affiliate is anything over 50% control.

Why this matters

Money DK Trade owes you can disappear into an unpaid invoice from a sister company you do not control. The same clause reaches deals you were never part of, because it covers any other contract between the two groups.

Exhibit 3CriticalHarder than usual50%

set-off any amounts or obligations it, or any of its Affiliates (as defined in Clause 17.6), owes or has toward the Buyer or any of its Affiliates
Clause 8.2(b) in GENERAL TERMS AND CONDITIONS, p.5
Read from the broker's site on Archived copyOpen the reference
  • Worse together with Exhibit 7Your customer's payment is already DK Trade's property, and group debts can be set against what it owes you.
04

DK Trade's products page promises materials that fit your needs on quality. Clause 6.3 excludes every warranty about quality and fitness for your purpose, even where you told DK Trade what the purpose was. Clause 6.5 leaves one guarantee standing: the metal matches the description in the agreement.

Why this matters

Metal that is within specification but wrong for your line is still yours to pay for. Your route is a quality claim inside 20 days, against a certificate DK Trade issued itself. After that you need an expert you both agree on.

Exhibit 4WarningStandard wording20 days

Subject to any written guarantee provided by the Seller or any rights which cannot be excluded by law, the Agreement expressly excludes any warranties, guarantees, conditions, liabilities or representations (express or implied) as to the quality of the Material or its fitness for any purposes (whether or not made known to the Seller).
Clause 6.3 in GENERAL TERMS AND CONDITIONS, p.4
Read from the broker's site on Archived copyOpen the reference

Our readingExcluding implied terms about quality is normal in metal supply contracts. The promise on the website is what sits oddly beside it.

05

Before anything is traded, DK Trade's KYC form asks you to name your key customers and key suppliers, with their countries. It also wants your bank account numbers, and every owner above 10% with their date of birth. The site publishes no privacy policy, so nothing tells you where that goes.

Why this matters

Your customer list is among the most valuable things you own, and you are handing it to a company that sells into the same market. Nothing published says how long DK Trade keeps it, who sees it, or what it may be used for.

Exhibit 5WarningHarder than usual10%

Key Customers (Provide the names and countries of your key customers):
Clause Section 3, item 2 in KYC FORM, p.2
Downloaded from the broker's site on Open the reference
  • Worse together with Exhibit 13You hand over your customer list, and the only confidentiality rule published is addressed to DK Trade's own staff.

Two charges in these terms cannot be worked out from the document

6% a year over one month US LIBOR is DK Trade's late payment rate, and that benchmark stopped being published in 2024. Storage after 14 days runs at commercial rates, with no figure in the contract. Any tax you have to withhold is added back on top of the price.

Cost disclosure2 clauses flagged

Pay late and DK Trade may charge you 6% a year above one month US LIBOR, under clause 2.2. That rate stopped being published in 2024, and the contract names no replacement. Nobody can work the total out from the document.

Why this matters

The margin alone is 6% a year on an overdue invoice. What sits under it is a number nobody publishes any more, so you cannot check the interest DK Trade bills you.

Exhibit 6WarningHarder than usual6%

If full payment is not made by the Payment Due Date, the Seller may charge interest from the Payment Due Date until full payment is made on the overdue payment at 6% per annum above the one-month US LIBOR rate quoted by Bloomberg on page LR on the Payment Due Date.
Clause 2.2 in GENERAL TERMS AND CONDITIONS, p.1
Read from the broker's site on Archived copyOpen the reference

What it costsA month's delay on a $100,000 invoice costs $500 in interest from the 6% margin alone, before any replacement benchmark is added.

Set against a regulated standard: FCA (UK)

Firms licensed by the FCA have to disclose the costs and charges of a service before the customer commits to it. Clause 2.2 sets a charge that cannot be calculated from the document at all.

DK Trade is not licensed by this regulator, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 10Both charges run without a figure you can check: one has no published rate, the other no live benchmark.

Metal left uncollected for 14 days after DK Trade asks you to take it can go into storage at your cost, under clause 12. The rate is whatever it calls commercial rates: the contract names no figure and no cap. Clause 13 adds any tax you must withhold back on top of the price.

Why this matters

A charge with no published rate is a charge you cannot budget for, and it runs monthly while the metal sits at your risk. If a tax rule makes you withhold, you pay the difference so DK Trade still receives the full amount.

Exhibit 10WarningHarder than usual14 days

If the Buyer does not collect the Material, or provide adequate delivery instructions, within 14 days of request by the Seller, or the Seller agrees to the Buyer’s request to delay delivery, the Seller may charge for storage. The Buyer must pay such storage charges monthly at commercial rates.
Clause 12 in GENERAL TERMS AND CONDITIONS, p.8
Read from the broker's site on Archived copyOpen the reference

DK Trade's terms reach money that is not part of the deal

Clause 8.2(b) lets DK Trade set off debts between its group and yours, including under contracts you never signed. Clause 3.1(b) makes the payment from your own customer DK Trade's property until you have paid in full. Both sit on top of the price you agreed.

Money reach1 clause flagged

Resell the metal before you have paid for it, and clause 3.1(b) makes your customer's payment DK Trade's property. You hold it in trust, on DK Trade's account, kept apart from your own money. Until you pay in full you hold the metal as DK Trade's agent.

Why this matters

Cash that reached your bank from your own customer is not yours to use. The risk of loss stays with you the whole time, so a fire or a theft is your loss on metal you do not own yet.

Exhibit 7WarningHarder than usual

if the Buyer sells the Material, or any Products, the Buyer’s right to receive payment from its customer will be held in trust for the Seller and any proceeds of sale will be the property of the Seller and the Buyer will hold the proceeds of any such sale on account of the Seller and keep the proceeds separately from its own money.
Clause 3.1(b) in GENERAL TERMS AND CONDITIONS, p.2
Read from the broker's site on Archived copyOpen the reference

DK Trade can rewrite the agreement by itself

Clause 17.4 lets DK Trade vary the agreement at any time by written notice, with no notice period and no consent from the buyer. The only signature line in the document belongs to the buyer. Nothing in the terms gives you a right to refuse a change.

Unilateral change1 clause flagged

DK Trade can vary the agreement at any time by sending you written notice, under clause 17.4. There is no notice period, no consent from you and no right to refuse. The only signature line in the document is yours.

Why this matters

Terms you read today can be different tomorrow, and the contract does not say how much warning you get. You are left with a document the other side can rewrite alone.

Exhibit 11WarningHarder than usual

The Seller is entitled to vary this Agreement at any time by giving Buyer written notice.
Clause 17.4 in GENERAL TERMS AND CONDITIONS, p.10
Read from the broker's site on Archived copyOpen the reference

Every claim runs on a short clock, and the shortest is five days

Five days for a short delivery, 20 for quality, 30 for anything else: DK Trade's terms treat a late claim as waived. Miss the shortfall notice and you pay in full for metal that never arrived. Late delivery carries no liability, and the most you can recover on anything is the price of that shipment.

Claim deadlines2 clauses flagged

DK Trade promises its best endeavours on the delivery date, then clause 9.2 removes any liability for loss caused by late delivery. Clause 9.3 says you must accept and pay for the metal anyway. Thirty days after the due date you may cancel that instalment, and that is the whole remedy.

Why this matters

A line standing idle while a shipment is late is your cost, not DK Trade's. The contract also clears it of loss or damage after delivery, even on freight it arranged itself.

Exhibit 8WarningHarder than usual30 days

The Seller is not liable for any loss or damage accruing to the Buyer as a result of late delivery.
Clause 9.2 in GENERAL TERMS AND CONDITIONS, p.6
Read from the broker's site on Archived copyOpen the reference
Our own capture of dktrade.ch, taken on Oct 13, 2026The claim, on the Logistics item on the English Our Activities pageVisit this page on the broker's siteDownload the full size image file

Whatever goes wrong, clause 5.2 caps DK Trade's total liability at the price you paid for that shipment. It also picks the remedy: replace, repair, or pay damages that it works out itself. Clause 5.4 rules out your lost profit, lost revenue and business interruption.

Why this matters

A bad shipment that stops a production run costs you far more than the metal did. The most you can recover is what you paid for that metal, and DK Trade decides the figure inside that limit.

Exhibit 9WarningHarder than usual

the Seller's total aggregate liability to the Buyer in relation to a shipment of Material, whether arising out of or in connection with this Agreement, under statute, in tort (for negligence or otherwise) or any other basis in law or equity shall not exceed the purchase price of that shipment paid by the Buyer
Clause 5.2 in GENERAL TERMS AND CONDITIONS, p.3
Read from the broker's site on Archived copyOpen the reference

Our readingA cap at the price of the shipment is normal in metal supply. Leaving the amount inside that cap to the seller's own assessment is not.

A Swiss seller, an English contract and a London tribunal

DK Trade AG sits in Zug, and its terms put every dispute under the law of England and Wales before three arbitrators in London. Clause 14.3, the clause that sends you there, stops mid-sentence. Each side pays its own costs of enforcing the agreement.

Where you would sue1 clause flagged

A dispute with this Swiss seller is settled by arbitration in London, under the law of England and Wales, in English. Clause 14.4 requires three arbitrators rather than one. Clause 14.3, the clause that is meant to send you there, breaks off mid-sentence.

Why this matters

Three arbitrators cost far more than one, which prices a small claim out of the process before it starts. Each side also pays its own costs of enforcing the contract, under clause 2.4.

Exhibit 12WarningHarder than usual3

Any dispute arising out of or in connection with this contract, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the LCIA Rules, which Rules are deemed to be incorporated by reference into this clause. The number of arbitrators shall be three.
Clause 14.4 in GENERAL TERMS AND CONDITIONS, p.8
Read from the broker's site on Archived copyOpen the reference

Our readingEnglish law and London arbitration are the norm in metal trading. A three arbitrator tribunal as the default, with no cheaper route for a small claim, is not.

The promises on the website are excluded by the contract and by the disclaimer

Clause 6.3 of DK Trade's terms excludes every warranty about quality and fitness for purpose, while its products page promises materials that fit your needs. Its disclaimer page withdraws any guarantee that the site is reliable. Both sides of each pair are published by DK Trade itself.

Promise and contract1 clause flagged

DK Trade's sustainability page claims full compliance with Swiss law, yearly PricewaterhouseCoopers audits and ISO 9001. Its disclaimer page then says it does not guarantee the site is complete, reliable or suitable for any purpose. The same page bars you from citing the site without written approval.

Why this matters

Every claim that might reassure you sits behind a notice saying you cannot rely on it. If one of them turns out to be wrong, the disclaimer is what DK Trade points at.

Exhibit 15NoticeHarder than usual

While our company makes reasonable efforts to ensure the accuracy of the content and to make updates on the Website, we do not guarantee that it is complete, reliable, or suitable for any specific purpose.
Quoted in Disclaimer
Read from the broker's site on Open the reference
Our own capture of dktrade.ch, taken on Oct 13, 2026The claim, on the compliance paragraph on the English Sustainability pageVisit this page on the broker's siteDownload the full size image file
Our own capture of dktrade.ch, taken on Oct 13, 2026What the contract saysVisit this page on the broker's siteDownload the full size image file

Our readingA general website disclaimer is normal. A ban on citing a public page without written approval is not.

DK Trade trades in the market its counterparties describe to it

DK Trade's code of business conduct addresses conflicts of interest to employees and their personal ties. Nothing published addresses the company's own position as a buyer, a seller and the intermediary between them. The KYC form collects the supplier and customer lists of the people on the other side.

Both sides of the market1 clause flagged

DK Trade's code of business conduct tells employees to avoid conflicts between their personal ties and the company's interests. Nothing published covers the company's own position. It buys and sells the same metal you do, and its site says it connects suppliers with buyers.

Why this matters

The firm reading your supplier and customer list is also a trader in your market. No published rule stops it using what it learns, and no document gives you a confidentiality promise.

Exhibit 13NoticeStandard wording

Employees’ personal, family or other ties can conflict with the interests of DK Trade, its business partners or customers. Employees must avoid any situations which could give rise to any such conflicts of interest.
Clause Conflicts of Interests in CODE OF BUSINESS CONDUCT, p.3
Downloaded from the broker's site on Open the reference

DK Trade AG sells aluminium, and its contract covers nothing else

Four documents are published at dktrade.ch, and all four are about selling metal. DK Trade AG offers trade finance, hedging and investment on its activities page, with no terms for any of them. Its general terms never name the company, give no registration number and name no regulator.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Counterparty and scope1 clause flagged

Read the general terms and you will not find DK Trade AG in them. The parties are named only as Seller and Buyer, and the sole identification in the text is a street address in Zug. No company registration number appears anywhere, and no regulator is named.

Why this matters

You cannot tell from the contract which legal entity you are paying, which matters the moment something goes wrong. Clause 17.5 also lets DK Trade pass the whole agreement to any third party without asking you. You cannot assign anything without its consent.

Exhibit 14NoticeHarder than usual

constitute the entire agreement ("Agreement") between the seller ("Seller") and the buyer ("Buyer")
Clause 1.1 in GENERAL TERMS AND CONDITIONS, p.1
Read from the broker's site on Archived copyOpen the reference

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

DK Trade offers trade finance on its activities page, and the only contract it publishes covers the supply of material.

Said in public, in English

Providing trade finance solutions to facilitate transactions.

the Financing item on the English Our Activities page

In the contract · clause 1.1

constitute the entire agreement ("Agreement") between the seller ("Seller") and the buyer ("Buyer") with respect to the supply of the product described in the Sales Contract and Product Specification

02

The products page promises metal that fits your needs, and clause 6.3 excludes any warranty that it is fit for your purpose.

Said in public, in English

We always ensure to deliver the best-fit materials to meet our business partner’s needs regarding quality, price, origin, carbon footprint etc.

the opening paragraph of the English Our Products page

In the contract · clause 6.3

the Agreement expressly excludes any warranties, guarantees, conditions, liabilities or representations (express or implied) as to the quality of the Material or its fitness for any purposes (whether or not made known to the Seller)

03

DK Trade sells logistics as a service, and the contract clears it of liability for the freight it arranges.

Said in public, in English

Managing transportation and warehousing for efficient, cost-effective delivery.

the Logistics item on the English Our Activities page

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of dktrade.ch

In the contract · clause 4

The Seller is not liable to the Buyer for any loss or damage or deterioration of the Material after delivery, even if the Seller arranges freight.

04

The sustainability page makes compliance and audit claims that the site's own disclaimer page refuses to stand behind.

Said in public, in English

We operate in full compliance with the Swiss Code of Obligation, ensuring that our corporate governance, financial reporting and business practices meet the highest legal and ethical standards.

the compliance paragraph on the English Sustainability page

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of dktrade.ch

In the contract

While our company makes reasonable efforts to ensure the accuracy of the content and to make updates on the Website, we do not guarantee that it is complete, reliable, or suitable for any specific purpose.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of dktrade.ch

The documents this reading is based on

5 files, all published by DK Trade. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording DK Trade publishes.

How this reading was done

Every clause above was read out of a document DK Trade publishes itself

This reading was published on .

Documents
2 of 5downloaded from the broker's site, and 2 read in full
Pages opened
22pages walked to find those documents, footer links included
Older copies
1earlier versions downloaded, 1 identical to the copy we hold by fingerprint
Marketing pages
3public pages set against what the contract says

Who the contract is with

DK Trade AG

The seller is DK Trade AG of Poststrasse 18, 6300 Zug, Switzerland, named that way in its code of business conduct and in the footer of its website. The general terms themselves never name it: the parties are only Seller and Buyer, and the sole identification in the text is that Zug address printed on each page. Roman Dubach is named on the sustainability page and in the code of business conduct as CEO and sole shareholder. No licence, no regulator and no company registration number appears in any of the four documents, and none of them mentions trading accounts, client money, deposits or withdrawals.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

All four documents sit in the main navigation on every page of dktrade.ch, not in a footer. The quality route in clause 6.2 is real: an independent expert that both sides agree on decides, and clause 6.5 keeps a guarantee of description and good title. Clause 10.3 settles a weight dispute by reweighing, with the cost falling on whichever side turns out to be wrong. The code of business conduct is signed by the CEO, Roman Dubach, who is named there as the sole shareholder, which is more than most private trading houses say about who owns them.

This review covers the general terms, the KYC form and the code of business conduct in full. The KYC form and the code of business conduct can only be read on screen, and every quotation from them comes from that screen text. DK Trade's ISO 9001 certificate is published as a picture with no text in it, so the certificate number, the issuing body and any expiry date could not be read. The sales contract and the product specifications these terms attach to are not published, and clause 1.2 makes the sales contract prevail over the terms wherever the two disagree. No earlier copy of the KYC form, the code of business conduct or the certificate is available, so the review cannot say whether those three have changed. DK Trade publishes its site and all four documents in English only, so there was no second language version to hold against the contract.

How to check any of this yourself

Every quote above links to the DK Trade file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document DK Trade publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge DK Trade on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Oct 13, 2026.

If you represent DK Trade and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on DK Trade. Whether its licence is real and current is a separate check on the broker profile.

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