Forex D Bank Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

D Bank Trading Conditions

Registered Region Bulgaria

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email dbank@dbank.bg

Contact Number 0700 40 400

Website www.dbank.bg

Balanced Review

Pros & Cons

Pros

Regulated by FCA and ASIC
Diverse trading instruments including Forex, commodities, and indices
Trading platforms: MetaTrader 4/5 and proprietary web platform
Comprehensive educational resources including webinars and tutorials
Competitive spreads and leverage up to 1:500

Cons

Not regulated by major authorities like FCA or ASIC
Limited range of trading instruments available
Outdated trading platform with limited features
Lack of comprehensive educational resources
High spreads on currency pairs

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	D Bank	BenchMark	DeltaStock	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Bulgaria	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does D Bank Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Low minimum deposit, access to basic trading tools	Suitable for small-capital practice
Professional Account	Experienced traders	Higher leverage, advanced trading features	Requires proof of trading experience and volume
Corporate Account	Corporate clients and institutions	Customizable solutions, dedicated account management	Requires corporate documentation and compliance
Islamic Account	Traders adhering to Islamic finance principles	Swap-free trading options	Must provide documentation confirming eligibility
Demo Account	New traders and those testing strategies	No risk, virtual funds, access to the full platform	Limited to 30 days usage

Account Opening Process

To open an account with D Bank, follow these steps:
1. Complete the online registration form, providing personal details, employment information, and financial background.
2. Submit identity verification documents, including a government-issued ID and proof of address.
3. Review and confirm your account type selection.
4. Note that you can upgrade to a professional account later, subject to meeting the required trading volume qualifications.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive spreads
CFDs (S&P 500)	1.5	$5 per lot	Varies by market conditions
CFDs (Gold)	3.0	$5 per lot	Standard market rates apply
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

D Bank also imposes various fees, including:
– Deposit/withdrawal fees may apply depending on the method used.
– Inactivity fees for accounts dormant for an extended period.
– Platform usage fees for advanced trading tools.
– Overnight interest charged on positions held overnight (swap rates).
– Currency conversion fees for transactions involving different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

D Bank User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Eltoro

Los Angeles, CA

★ ★ ★ ★ ★

How can I change my rating to No Stars??? They don’t deserve 1 star. Been with the bank for over 40 years. Had issues before but it’s a whole new level of incompetence right now. Auto-withdrawals were canceled, resulting in cancellation of services and impacts to my credit rating. No ownership on their side even though it is 100% their fault. It’ll take me a month to move everything to another bank, but I am.

Mitch C

Chicago, IL

★ ★ ★ ★ ★

I recently had an amazing experience at TD Bank. The staff at the local branch were incredibly helpful and friendly. I was assisted by a representative who walked me through the process of opening a new account, ensuring I understood everything. The efficiency and care shown during my visit made a significant difference. I would definitely recommend this branch to others!

Owen Kerr

Seattle, WA

★ ★ ★ ★ ★

Constantly keeping my money from being accessible. I asked them why they keep holding my money and if it can be changed because I can’t make payments on time. Customer service is unhelpful and I feel trapped. I expected better from a bank that claims to be ‘convenient’.

Bryanna Day

Miami, FL

★ ★ ★ ★ ★

I ordered a credit card from TD Bank, and although it took a little longer than expected to arrive, customer service was very responsive and helpful in the meantime. They kept me updated and resolved my concerns quickly. Overall, I had a good experience and appreciate their effort in assisting me.

Bulgaria Market