
MetaTrader 5
MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

Do not trust
31 out of 100 · 72% checked
Our investigation found it is likely a scam, and it has 4.9 years of verified history.
We checked DMA Capitals on 2026-10-27 across its company record, client terms, trading offer and service, and could verify 72% of its record. The score of 31 is what the checked record adds up to; nothing held it down. What would move the score: policy risk, critical clauses, withdrawal rails. Our published investigation found it is likely a scam, with 4.9 years of track record. Its client terms have not been reviewed yet.
Score last calculated 2026/10/27
Wikilix independent safety report
DMA Capitals is very likely a scam. It takes real deposits for CFD trading while holding no genuine financial licence, and it publishes a United States NFA registration number that does not exist on…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
What Wikilix has recorded about DMA Capitals: its history, the licences it holds, its trading conditions and its fees.
In the rapidly changing landscape of forex and CFD trading, brokers that combine cutting-edge technology with favourable trading conditions are at the top of traders' wish lists. Enter DMA Capitals—a new broker that was set up in 2021 and made a name for itself as a global multi-asset broker with a variety of instruments and direct market access trading. Located in Dubai, UAE, this broker aims to attract traders seeking high leverage and fast execution, along with a diverse asset library.
Although the broker is offshore-registered and not as closely regulated as mainstream brokers, it is making bold, nefarious moves to make waves, including a well-publicized single acquisition in the Australian broker space. In this article, we will comprehensively examine DMA Capitals, covering background, unique features and offerings, regulatory status, trading conditions, fees, user experience, and closing thoughts on its future development.
DMA Capitals was formed in 2021, establishing the broker as a competitive forex brokerage with offshore registration. The broker is based in Dubai, United Arab Emirates, a prominent global financial center with a business-friendly environment. DMA Capitals has additional registrations in offshore jurisdictions, such as Saint Lucia and St. Vincent and the Grenadines, which are typical jurisdictions for this type of broker.
Since its inception, the broker has focused on multi-asset CFD trading across Forex, Commodities, Indices, Stocks, and Cryptocurrencies. This reflects the broker's ambition to replicate all offers globally. DMA Capitals is actively seeking opportunities to expand its business internationally, and increased media attention surrounding "DMA South Africa" has led to a majority ownership position in Saxo Australia, scheduled to be finalized around 2025. This deal was pitched as a vast opportunity to expand DMA Capitals' presence in Asia-Pacific exchanges and build a more global base.
DMA Capitals primarily aims to leverage the well-respected MetaTrader 5 (MT5) trading platform, a professional, versatile, and user-friendly trading environment. MT5 is available in desktop, web, and mobile formats—allowing traders to trade from anywhere, anytime. MT5 provides advanced charting, and automated trading capabilities are facilitated through its trading interface. This makes an excellent feature for all types of traders, whether they are new or veterans.
Regarding CFD instruments offered by DMA Capitals, coverage includes Forex, Commodities, Indices, Stocks, and Cryptocurrencies. Leveraged multi-asset trading allows traders to hold more than one instrument in their account at the same time. Although there is no explicit information on account type, the broker clearly indicates its interest in direct market access (DMA) trading, so account types are not applicable, as they don't plan to use spreads; however, examples could include considering dock-to-liquidity, as pricing may not be directly connected.
• High Leverage: Up to 1:500 leverage, giving traders exposure to benefit from their account with limited risk capital.
• Ultra-Fast Execution: Trade execution speeds of 25 milliseconds. Guaranteed execution without slippage in virtually all cases.
• Competitive Spreads: Spreads designed for some competitive pricing with types that vary by instrument and market condition.
• Easy Transactions: Instant deposits and funds that do not get stuck.
Regulatory compliance in trading is an essential aspect for traders choosing a brokerage. DMA Capitals is primarily offshore-registered, with some operational benefits, including flexibility; however, those options are much less regulated than those of consistently regulated brokers.
Regulator | License Number | Status |
|---|---|---|
Saint Lucia Financial Services Authority | Not publicly disclosed | Registered (Offshore) |
St. Vincent and the Grenadines | Not publicly disclosed | Linked entity; no formal license |
FCA (UK), ASIC (Australia), CySEC (Cyprus) | N/A | No license |
Although DMA Capitals does not hold licenses from major global regulators such as the FCA, ASIC, or CySEC, its offshore registrations do facilitate access to high leverage and a wide range of instruments. Traders will, however, want to pay attention to the higher risk associated with this regulatory status compared to that of brokers regulated by top-tier authorities (FCA, ASIC, or CySEC).
Feature | Details |
|---|---|
Spreads | Competitive and tight; variable by instrument and market conditions |
Leverage | Up to 1:500 |
Minimum Deposit | Not explicitly stated; typical offshore brokers start from $100 or less |
Execution Speed | Under 25 milliseconds |
Platform | Availability | Key Features |
|---|---|---|
MetaTrader 5 (MT5) | Desktop, Web, Mobile | Advanced charting, automated trading, multi-asset support, fast execution |
By using MT5, clients of DMA Capitals can benefit from a robust, widely adopted trading environment. MT5's multi-asset capabilities align with the broker's diverse instrument offering, while the mobile and web versions support flexible trading on the move.
Fee Structure
For traders to better understand their trading costs, it is essential to be transparent about fees. DMA Capital offers instant deposits and quick withdrawals; however, detailed fee information is scarce.
Fee Type | Details |
|---|---|
Deposit Fees | No explicit fees mentioned; deposits are instant |
Withdrawal Fees | Reported as seamless; no specific fees disclosed |
Commissions | Likely commission-free on standard accounts; costs embedded in spreads |
Inactivity Fees | No information available |
Other Charges | No detailed fee schedule publicly available |
Due to limited information in the public domain, prospective clients are encouraged to inquire directly with DMA Capitals about any potential fees or costs before opening an account.
DMA Capitals is working towards a reputation in the forex brokerage space. There are only a limited number of user reviews publicly available, as noted by the Forex Peace Army, which states that DMA Capitals uses the MT5 platform but has limited overall client feedback and user satisfaction.
Being an offshore broker and lacking transparency might keep retail traders away if they fear doing business with unregulated brokers. The firm does have appeal due to its high leverage, fast execution, and multi-asset offerings, and indeed some segments of the forex trading community seek those attributes.
• Pros: High leverage up to 1:500, ultra-fast execution of trades, multi-way CFDs, global footprint expanding in growth.
• Cons: Not a principal regulated broker, unclear fee structure, and limited user feedback in the public domain.
According to DMA Capital's recent updates, DMA South Africa plans to acquire an 80.1% stake in Saxo Australia. The acquisition is due or anticipated to occur in the second half of 2025. The acquisition demonstrates DMA Capital's push to expand into the Australian forex and CFD trading market.
Upon the close of the transaction, Saxo Australia is expected to retain the Saxo name, staff, and Saxo bank platform technology. The acquisition indicates DMA Capital's ambition to grow from an offshore broker to a position where it can compete more effectively with established brokers in regulated markets.
DMA Capital is an emergent broker within the global forex and CFD brokerage space. Currently offering a multi-asset trading experience on MT5 with high leverage and execution, DMA Capital may be of interest to traders comfortable with offshore brokers, as it works to expand its global footprint. On the other hand, DMA Capital does not hold the required regulatory licenses, lacks transparency regarding fees, and provides minimal feedback to users in public forums, so any client considering DMA Capital as a broker must conduct due diligence to determine a suitable broker. However, acquiring Saxo Australia might change DMA's course as a broker and offer credibility and service to other brokers.
7 full-page captures of DMA Capitals's own site, archived so what they said can still be read after the pages change.
We have not confirmed any regulation for DMA Capitals. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
We have not confirmed any regulation for DMA Capitals. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
4 ways to fund an account. 2 with no deposit fee. 2 credit instantly.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
| Credit/Debit CardsCredit Card1 | Free | Not recorded | USD 10 | USD 50Not recorded | Instant |
| Bank Wire TransfersBank Transfer1 | Not recorded | Not recorded | USD 10 | USD 50Not recorded | Up to 3 days |
| E-wallets (Perfect Money)E-Wallet1 | Free | Not recorded | USD 10 | USD 50Not recorded | Instant |
| Cryptocurrencies (Bitcoin, Tether)Cryptocurrency1 | Not recorded | Not recorded | USD 10 | USD 50Not recorded | Not recorded |
One trading platform on record: MetaTrader 5.

MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.
3 domains on record. All active and served over HTTPS.
DMA Capitals names DMA Capitals Limited as the operating company. We could not confirm that registration on the registry.
2 other brokers on the record share what DMA Capitals offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about DMA Capitals
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