DALU
Pros and Cons
Pros
- Regulated by CFFEX
- Established in 2002 with long operational history
- Specializes in futures trading
- Various customer support channels including Wechat and Weibo
- Offers advanced trading platforms
Cons
- Not regulated in major jurisdictions like the US
- Limited trading instruments (only futures available)
- Lack of support for popular trading platforms like MetaTrader
- No educational resources or market analysis provided
- High handling fees reported by users
Basic Information
User Reviews
DALU Overview
DALU is a regulated forex broker that was established in 2002 and is headquartered in China. The broker operates under the regulatory oversight of the China Futures Market Association (CFFEX), holding license number 0188. With over two decades of experience in the industry, DALU has built a reputation for offering reliable trading services in the futures market, ensuring compliance with local regulations to protect traders’ interests and enhance trustworthiness.
DALU specializes primarily in futures trading, providing various futures trading services to its clients. The broker supports several trading platforms, including advanced options designed for both novice and experienced traders. Customer support is available through multiple channels, including WeChat and Weibo, with a commitment to responsiveness. What sets DALU apart is its focus on a well-regulated environment and its established presence in the market, making it a dependable choice for futures trading. However, it’s important to note that the broker does not offer forex trading or other asset classes, which may limit options for some traders.
Is DALU Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| CFFEX | China | Segregated Funds |
Is DALU Regulated and How Are Client Funds Protected?
DALU is a regulated broker established in 2002, primarily focused on futures trading. It operates under the oversight of the China Financial Futures Exchange (CFFEX), which provides a legitimate regulatory framework. Client funds are protected through segregation, ensuring that clients’ money is kept separate from the broker’s operational funds. This regulatory status enhances the broker’s trustworthiness and indicates a commitment to investor protection. Additionally, DALU offers various customer support channels, reflecting its dedication to maintaining a transparent and supportive trading environment. Overall, DALU can be considered a safe option for traders looking to engage in futures trading within the regulated framework of China.
Trading Products and Services
What Trading Instruments Does DALU Offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, Major & Minor Pairs | Many |
| Commodities | Gold, Silver, Crude Oil | Varies |
| Indices | S&P 500, NASDAQ, FTSE 100 | Many |
| Stocks | Apple, Tesla, BP, Vodafone | Many |
| Cryptocurrencies | BTC, ETH, XRP | Varies |
DALU offers a diverse range of trading tools across various asset categories, including Forex, commodities, indices, stocks, and cryptocurrencies. This variety allows traders of all levels—from beginners to seasoned professionals—to develop customized trading strategies. The availability of multiple asset types supports portfolio diversification, which is essential for managing risk and maximizing potential returns. Whether you’re looking to engage in Forex trading or explore other markets, DALU provides the necessary tools and resources to cater to different trading styles and investment goals.
Account Types and Trading Conditions
What Account Types and Fees Does DALU Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and casual traders | Low minimum deposit, user-friendly platform | Suitable for small-capital practice |
| Professional Account | Experienced traders and institutional clients | High leverage, advanced trading tools | Requires trading volume qualifications |
| Corporate Account | Corporate clients and businesses | Customized solutions, dedicated account management | Requires corporate documentation |
| Islamic Account | Traders seeking Sharia-compliant options | Swap-free trading conditions | Available for all trading levels |
| Demo Account | New traders and those testing strategies | Practice trading with virtual funds | No capital required for practice |
Account Opening Process
To open an account with DALU, follow these steps:
1. Submit personal information, including your name, email, and phone number.
2. Provide employment details, such as your occupation and employer’s name.
3. Share financial information, including your income and trading experience.
4. Complete identity verification by uploading a government-issued ID and a proof of address, such as a utility bill.
5. Enjoy the flexibility of upgrading your account to a professional account later if you meet the eligibility requirements.
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 pricing for GBP pairs |
| CFDs (Stocks) | Variable | $5 per lot | Fees depend on the stock traded |
| CFDs (Commodities) | 3.0 | $5 per lot | Includes major commodities |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
In addition to trading fees, DALU may charge the following:
– Deposit/withdrawal fees may apply based on the payment method used.
– An inactivity fee may be charged if the account remains dormant for an extended period.
– Platform usage fees are not applicable, ensuring zero additional costs for utilizing the trading platform.
– Overnight interest (swap rates) will apply to positions held overnight.
– Currency conversion fees may apply when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does DALU Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4 | Windows, macOS, iOS, Android | 2FA, symbol lookup, multiple order types, price alerts, technical indicators | Demo accounts, VPS |
| MT5 | Windows, macOS, iOS, Android | Encryption, symbol lookup, one-click trading, push notifications, economic calendar | Demo accounts, API interface |
| Web Version | Any device with a web browser | Biometric login, market search, multiple order types, price alerts | None |
| Mobile App | iOS, Android | 2FA, symbol lookup, one-click trading, push notifications | None |
DALU offers several trading platforms tailored for different user needs. MT4 is well-suited for beginners due to its user-friendly interface, while MT5 provides advanced features for experienced traders seeking comprehensive tools. The web version enables trading from any device, ensuring accessibility, and the mobile app supports trading on the go with convenient alert features. The broker ensures secure logins and fast order execution across all platforms, along with efficient market search tools to assist traders.
In summary, each platform serves distinct trading preferences, from the simplicity of MT4 to the advanced capabilities of MT5, while the mobile app and web version cater to traders’ needs for flexibility and convenience.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| SEPA | 1-2 business days | No platform fee, 0.3% for third-party | Min 100, Max 50k/day | EUR |
| GrabPay | Instant | No platform fee, 1.5% charge | Min 50, Max 15k/day | SGD, MYR |
| SPEI | Instant | No platform fee | Min 200, Max 30k/day | MXN |
| Bank Wire (International) | 3-5 business days | No platform fee, 1% for international wires | Min 500, Max 100k/day | USD, GBP |
Minimum Deposit
DALU requires a minimum deposit of $100 for standard accounts. This requirement may vary based on the payment method chosen, with certain methods like GrabPay allowing deposits as low as $50. Additionally, different account types may have varying minimum deposit thresholds.
How to Withdraw
- Log in to your DALU account.
- Navigate to the “Withdrawal” section in your account dashboard.
- Select your preferred withdrawal method from the available options.
- Enter the amount you wish to withdraw, ensuring it meets the minimum limit.
- Confirm your withdrawal request.
- Check your email for a confirmation notification.
- Funds will be processed according to the method selected and will appear in your account as per the stated processing time.
Customer Support
DALU Customer Support Overview
Support Channels
DALU offers multiple contact methods to ensure efficient support for its customers. Users can reach out via:
- Email: Direct email support is available for inquiries and assistance.
- Live Chat: Instant help is provided through live chat on their website, allowing quick resolution of issues.
- Telephone: Customers can contact DALU at 021-54071888 for trade-related queries and 021-54071111 for demat services.
- Social Media: Engage with DALU on platforms like WeChat and Weibo for updates and support.
Service Availability
DALU’s customer service operates 24/5, ensuring assistance during regular trading hours. Additionally, multilingual support is available, primarily in Chinese and English, accommodating a diverse customer base.
Additional Resources
To enhance the trading experience, DALU provides valuable educational resources, including video tutorials and webinars that cover various trading strategies and market analyses, thereby helping clients make informed decisions.
With a commitment to strong customer support, DALU aims to provide comprehensive and reliable help, ensuring that clients can contact them easily for assistance and information.
Frequently Asked Questions
Yes, DALU is a regulated broker, licensed by the China Futures Market Association (CFFEX) with the license number 0188. This ensures that the broker operates under the regulatory framework established for futures trading in China.
DALU primarily focuses on futures trading. While specific trading conditions such as spreads and commissions are not publicly detailed, the broker is known for its sound system services and strong risk control capabilities, providing a reliable trading environment.
DALU takes fund security seriously and adheres to regulatory standards set by the CFFEX. Client funds are typically held in segregated accounts to protect them from operational risks, ensuring that your capital is secure during trading.
DALU provides various customer support channels, including WeChat, Weibo, and a dedicated customer service team available 24/5. Clients can reach them via phone for trading and demat inquiries, ensuring prompt assistance.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.