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This web resource is meant for accomplished traders who are interested in changing their broker and also beginners who are in search of their first broker. Every visitor to ForexRating can compare forex brokers available in the market nowadays and choose the best company to suit their needs. Apart from a comparative analysis of forex brokers, the web resource contains an honest rating of forex brokers which are ranked entirely on the grounds of your votes. By ForexRating, you can judge a degree of trust that traders put in a particular forex broker.

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Depaho reviews

6/10 (votes 2374)

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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

Retty trader

review Depaho

06-07-22

I deposited at Depaho Ltd $500 at beginning of this month. Last week, I got 103 pips slippage on my platform that took out my stop. I was frustrated to see that the trade was closed at the spike price about 78 pips lower than my stop on my EUR/GBP pair. And the same day I also got 46 pips slippage on AUD/USD pair. I have tried a number of brokers in the past and I can say that Depaho Ltd is by far the worst.

Sangiang trader

review Depaho

24-09-21

Depaho Ltd is just a disaster, the platform is difficult to navigate, and pending orders are not always processed. None of my requests were approved! It's almost three weeks since I tried to withdraw my profit, but I never heard any word from them. They also have an average trading system, and some of their services are not properly explained. Also, spreads are not ideal for trading because you see low earnings, and if you would like to see big earnings, you must deposit big amounts of money and wait for a long time.

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.

Diclaim

Trading in the foreign exchange market and using leverage involve considerable risks and may cause a partial or complete loss of funds.

Make sure you possess sufficient skills and experience for this activity and are aware of possible risks.

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