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DLSM

Unregulated
Vanuatu
,
Since 2020
Last Updated:
42/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
1000
Account Types
ECN AccountStandardECN

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Credit/Debit Cards

credit card
1 days
Fee:
Free
Fee:
Free

Bank Transfer

bank transfer
2 days
Fee:
Free
Fee:
A$20

E-wallets (PayPal, Skrill, Neteller)

e wallet
Instant
Fee:
Free
Fee:
Free

POLi

other
Instant
Fee:
Free
Fee:
Free

BPay

other
days
Fee:
Free
Fee:
Free

Union Pay

other
days
Fee:
Free
Fee:
Free

Debit Card

debit card
days
Fee:
Free
Fee:
Free

ACH

bank transfer
days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 35%, 2: License 50%, 3: Software 51%, 4: Spread 0%, 5: Account Type 28%, 6: Symbol 0%
Regulation
35%Poor
License
50%Fair
Software
51%Fair
Spread
0%Poor
Account Type
28%Poor
Symbol
0%Poor

Company Information

Full Name:DLSM
Founded:2020
Headquarters:Vanuatu
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

DLSM Broker Reviews: Trading Conditions, Key Information, and Overview

Brief Overview of DLSM Broker

DLSM (also known as Digital Life Stock Market) is an online trading broker that specializes in Forex, Stock, Indices and other financial trading instruments. Although DLSM is frequently discussed by members within the online community on many trading forums and forums, little information is available or publicly released about this brokerage firm. This lack of detailed firm information places the onus on potential customers to conduct adequate due diligence prior to opening any accounts with DLSM (or any other brokerage). This article provides an overview of DLSM’s offerings, regulatory status, trading conditions, as well as a general overview of customer experiences when trading at this broker.

DLSM Historical Background & History

Currently, not much information is available to fully support the historical background of DLSM. While some companies provide a summary of their business operations on their websites (for instance, the DLSM Broker website does not have a good deal of information publicly available), there is still no way to confirm the firm’s integrity, terms of service, or commitment to such things as ethical business practices. Potential customers should attempt to acquire that information directly from DLSM.

DLSM Products/Services

DLSM is said to offer several different financial trading products including; 1) the Forex trade currency pairs; 2) the Stocks contract for difference (CFD) trade; 3) Indices; and 4) CFDs for Commodities. The maximum amount of leverage that is claimed to be possible through DLSM is 1:1000, which is an attractive leverage amount for many traders, especially experienced traders wanting maximum exposure. Currently, there currently are no details regarding the different types of trading accounts available, the available platforms for trading at DLSM, or any educational materials offered by DLSM. Again, it is advisable that potential customers obtain additional information about these topics directly from DLSM.

DLSM’s License and Regulatory Compliance

As mentioned above, there is no public information available on DLSM’s current license status or regulatory status. Since DLSM does not provide that information publicly, customers need to exercise caution and obtain confirmation of DLSM’s regulatory compliance before initiating trading with DLSM.

DLSM Trading Conditions

At present, customers do not have access to much detailed information at all about the trading conditions available at DLSM. Currently available information include; 1) the maximum leverage available with DLSM is reported to be as high as 1:1000 (subject to verification); 2) there is no information regarding the minimum amount needed to open an account with DLSM; 3) there are no details available on the available spreads at DLSM; and 4) according to the available information at this time, there are no details available regarding the types of trading software available for customers using this brokerage. Therefore, we recommend potential customers to contact DLSM directly for this information.

DLSM Fees

Transparent fee structures are important for traders as they help the trader manage costs associated with trading. Fees currently available are summarized below; 1) there are no fees currently available related to deposits made into DLSM accounts; 2) there are no fees currently available related to withdrawal fees with DLSM; and 3) there are no fees currently available for commission payments with DLSM. Prospective clients are encouraged to confirm the fee structure for opening a brokerage account with DLSM prior to opening an account.

DLSM Trading Experiences

Customer reviews and/or testimonials regarding their experiences at DLSM are limited and very mixed. Some complaints are represented with customers stating positive experiences and others show some concerns however, it is difficult for individuals to verify the authenticity of these complaints. Therefore, thorough due diligence and direct communication with the broker prior to trading at DLSM is advised.

DLSM Current Updates/Events

At this time, DLSM has not released any current information regarding their services. Potential customers are encouraged to monitor DLSM’s official channels and to contact DLSM directly with questions about their services.

Conclusion

DLSM offers its customers the opportunity to trade different types of financial trading products such as Forex, Stocks, and Indices with potentially very high leverage ratios. However, due to DLSM’s lack of available information regarding its history, the information provided regarding the firm’s regulations average trader should only consider this brokerage if he/she has done their due diligence regarding regulatory compliance, the overall conditions when trading with DLSM, fee structures for operating accounts with DLSM, and technology platforms available at DLSM. As it stands today, an individual/firm who wishes to begin trading with DLSM would have a very limited amount of publicly available information available to them.

Regulatory Licenses

Compliance & oversight

2 licenses
Australia
ASICTier 1
Australia#000296805
License Details
Type:Financial Service
License #:000296805
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Vanuatu
VFSCTier 4
Vanuatu#700455
License Details
Type:Retail Forex License
License #:700455
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
2
Countries
0
Offshore

Account Types

Trading account options

2 types
Standard
Standard
Min Deposit USD 100 • Leverage 1:1000 • Commission 0
Min DepositUSD 100
Leverage1:1000
Commission0
ECN
ECN
Min Deposit USD 100 • Leverage 1:500 • Commission $4
Min DepositUSD 100
Leverage1:500
Commission$4
2
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

8 methods
Credit/Debit Cards
Credit Card1 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Profits often cannot be withdrawn to cards; use bank transfer instead; currency must match payment processor to avoid fees
Bank Transfer
Bank Transfer2 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:AUD 20
Min:N/A
Max:N/A
Withdrawal fees vary by broker; intermediary bank charges may apply; processing times vary by broker
E-wallets (PayPal, Skrill, Neteller)
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Some brokers offer fee-free PayPal deposits; withdrawal processing times vary by broker
POLi
OtherInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
Withdrawal methods usually same as deposits; no crypto withdrawals
8
Free Deposit
8
Instant
0
Crypto

Trading Platforms

Professional trading tools

2 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with DLSM: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark DLSM at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for DLSM

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://www.dlsm.com/en
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

3 platform

Comments

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