Forex DEGUSSA Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.6

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 1.8

Business 1.1

Risk Control 1.4

Software 2.1

Regulatory 1.6

Terminal Snapshot

DEGUSSA Trading Conditions

Registered Region Germany

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email bestellung@degussa-goldhandel.de

Contact Number +4908001882288

Website www.degussa-goldhandel.de

Balanced Review

Pros & Cons

Pros

Diverse range of gold-related services
Multiple account types for different traders
Access to popular trading platforms like MT4 and MT5
Responsive customer support via phone and email
Flexible deposit and withdrawal options

Cons

No regulatory oversight
Limited range of trading instruments
Single language support for customer service
Unclear fee structure for trading and withdrawals
Lack of educational resources for traders

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	DEGUSSA	FXFlat	WH Selfinvest	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Germany	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	1.6/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does DEGUSSA Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and general traders	Accessible for small investments and straightforward trading	Ideal for those starting in trading
Professional Account	Experienced traders	Advanced trading tools and potential for higher leverage	Requires a certain trading volume or experience level
Corporate Account	Corporate clients	Customized services and account management	Requires corporate documentation
Demo Account	New traders	No financial risk, practice trading strategies	Suitable for practice without real capital

Account Opening Process

To open an account with DEGUSSA, prospective clients need to submit personal, employment, and financial information. This includes verifying their identity through valid identification and proof of address. The account opening process is designed for flexibility, allowing clients to upgrade to a professional account later if they meet the necessary criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0	Tight spreads for major pairs
CFDs (Stocks)	1.5	$5	Standard fees for stock trading
CFDs (Indices)	1.0	$3	Competitive spreads for indices
CFDs (Commodities)	2.0	$4	Varied based on the commodity
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on market conditions

Other Fees

In addition to trading fees, clients may encounter other costs, including deposit and withdrawal fees, inactivity fees, platform usage fees, overnight interest (swap rates), and currency conversion fees. These additional charges are important to consider when evaluating the overall cost of trading with DEGUSSA.

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

DEGUSSA User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Max Müller

Berlin

★ ★ ★ ★ ★

I found the withdrawal process to be quite frustrating. It took longer than expected, and I felt that the support team was not very helpful in addressing my concerns. The lack of regulation also makes me hesitant to continue trading with them.

Anna Schmidt

Munich

★ ★ ★ ★ ★

DEGUSSA’s platforms are user-friendly, and I appreciate the variety of gold-related services they offer. Customer support was responsive when I had queries about my account. However, I wish there were more educational resources available for new traders.

Lukas Becker

Frankfurt

★ ★ ★ ★ ★

I had a very disappointing experience with DEGUSSA. The customer service was unhelpful, and I struggled to get my funds withdrawn. The absence of any regulatory oversight is alarming, and I wouldn’t recommend this broker to anyone.

Sophie Weber

Hamburg

★ ★ ★ ★ ★

I’ve been using DEGUSSA for a while now, and I’m very pleased with their service. The trading platforms are excellent, and I love the gold savings plan. Support has always been prompt and courteous, making my trading experience enjoyable.

Germany Market