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DominionFX -

Score

1.55 /10
Danger

DominionFX

Vanuatu

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Vanuatu Retail Forex License Revoked

High potential risk

https://dominionfx.com/en/index.html

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Score

Regulatory Index0.00

Business Index7.33

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 4
Previous Detection : 2025-05-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • VanuatuVFSC (license number: 14851) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

DominionFX · Company summary

Note: You can't access DominionFX's official website: https://dominionfx.com/en/index.html right now.

DominionFX Information

DominionFX started in 2019 as an unregulated broker company with registration in Vanuatu. The company offers the MetaTrader 4 (MT4) platform for trading.

DominionFX Information

Is DominionFX Legit？

Dominion Markets Limited was previously regulated by the Vanuatu Financial Services Commission (VFSC) in Vanuatu. However, its credential identified as number 14851 is no longer valid.

Is DominionFX Legit?
The Vanuatu Financial Services Commission (VFSC)
Current StatusRevoked
Regulated by Vanuatu
License TypeRetail Forex License
License No.14851
Licensed InstitutionDominion Markets Limited
Is DominionFX Legit?

Downsides of DominionFX

  • Unavailable Website

Investors can't reach DominionFX's main website now, which makes them wonder if it's reliable or easy to use.

  • Lack of Transparency

Investor understanding regarding what DominionFX remains limited due to insufficient information concerning this platforms operations and dependability.

  • Regulatory Concerns

Investors are unsure if DominionFX follows any rules, which makes them think twice about how safe the money is and if they can trust the company.

Conclusion

Using a non-regulated platform like DominionFX can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.

User Reviews

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FX3946801615
more than one year
I moved from icmarkets to Dominion only due to crypto withdrawals and deposits. It was the best decision for me personally. I would rather have my funds sent to me in a few hours rather than to wait for days
I moved from icmarkets to Dominion only due to crypto withdrawals and deposits. It was the best decision for me personally. I would rather have my funds sent to me in a few hours rather than to wait for days
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2023-03-10 21:52
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Picmic
more than one year
The only reason i joined dominion was because of Raja. I have known him since 2017 through the livestreams. I wanted to test out the platform which he was launching and to be honest, it has been working very well for me so far. The only downside was that the bank withdrawals once took 10 business days, but now i use crypto so no issues !
The only reason i joined dominion was because of Raja. I have known him since 2017 through the livestreams. I wanted to test out the platform which he was launching and to be honest, it has been working very well for me so far. The only downside was that the bank withdrawals once took 10 business days, but now i use crypto so no issues !
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2023-03-10 21:41
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