Deus
Pros and Cons
Pros
- Offers a diverse range of financial solutions including forex and CFD trading
- Trading instruments across multiple asset categories: forex, commodities, indices, stocks, and cryptocurrencies
- Utilizes the MetaTrader 5 platform for advanced trading capabilities
- Emphasizes fast deposits and withdrawals for improved trading efficiency
- Accessible customer support through phone, email, and online form submission
Cons
- Not regulated by any recognized financial authority
- Mixed reviews regarding withdrawal processes
- Limited educational resources for traders
- Potential high fees for deposits and withdrawals
- Concerns about reliability based on user complaints
Basic Information
User Reviews
Deus Overview
Deus Technology Co Ltd, established in Mauritius, has been operating for approximately 5-10 years. The broker specializes in foreign exchange trading and offers a suite of financial solutions tailored for institutions and enterprises. Although the company is based in Mauritius, there is no specific regulatory license mentioned, which is an important consideration for potential traders seeking trustworthy brokerage services. Prospective clients should conduct thorough research to understand the operational and regulatory context of the broker before engaging in trading activities.
Deus provides a range of trading instruments, including forex and CFDs, through the MetaTrader 5 platform, which is known for its advanced features and user-friendly interface. The broker emphasizes quick deposits and withdrawals, aiming to enhance the trading experience. Customer support is accessible via multiple channels, including phone and email, ensuring that traders can seek assistance as needed. Despite these offerings, potential users should be aware of the mixed reviews regarding the broker’s services, particularly concerning the withdrawal process, which has been a point of concern for some clients.
Is Deus Safe? Regulation Analysis
Regulatory Information
Deus Technology Co Ltd is not regulated by any recognized financial authority. This lack of regulation poses significant risks for potential traders, as there is no oversight to ensure the safety and security of client funds. Trading with an unregulated broker can lead to a lack of investor protection and a higher potential for fraud.
Trading Products and Services
What trading instruments does Deus offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs (e.g., EUR/USD, GBP/JPY) | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US Stocks (e.g., Apple, Tesla), UK Stocks (e.g., BP, Vodafone) | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Deus Technology Co Ltd provides a diverse range of trading instruments across several asset categories, enabling traders to engage in various financial markets. With offerings that include forex, commodities, indices, stocks, and cryptocurrencies, the broker caters to a wide array of trading preferences and strategies. This product diversity can be particularly beneficial for different types of traders, including beginners, professionals, technical traders, and long-term investors. By supporting multiple asset categories, Deus enhances the potential for portfolio diversification and enables traders to adapt their strategies according to market conditions, making it a versatile choice for those looking to trade effectively.
Account Types and Trading Conditions
What Account Types and Fees Does Deus Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and Retail Traders | Accessible trading environment, user-friendly platform. | Suitable for small-capital investors aiming to learn. |
| Professional Account | Experienced Traders | Enhanced trading conditions, potentially lower spreads. | Requires trading volume qualifications and experience. |
| Corporate Account | Corporate Clients | Customized services, tailored trading solutions. | Requires corporate documentation for verification. |
| Islamic Account | Traders seeking Sharia-compliant options | Swap-free trading to adhere to Islamic finance principles. | Must comply with specific eligibility criteria. |
| Demo Account | New Traders | Practice trading in a risk-free environment. | Ideal for testing strategies without real capital. |
Account Opening Process
To open an account with Deus, prospective traders will need to follow a structured process that includes submitting personal, employment, and financial information. The identity verification step requires providing a form of identification and proof of address to ensure compliance with any necessary requirements. Additionally, traders can enjoy account flexibility, with the option to upgrade to a professional account later as their trading experience and volume increase.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $0 | Tight spreads for popular currency pairs. |
| CFDs (Stocks) | Varies | $0 (may vary by asset) | Competitive pricing across various stocks. |
| CFDs (Indices) | Varies | $0 | Accessible trading on major indices. |
| CFDs (Commodities) | Varies | $0 | Includes popular commodities like gold and oil. |
| Cryptocurrencies | Varies | Variable depending on market conditions. | Access to major cryptocurrencies. |
Other Fees
Traders should be aware of various other fees that may apply. These can include deposit and withdrawal fees, which may vary based on the method used. Inactivity fees may be applied if an account remains unused for an extended period. Additionally, there may be platform usage fees or costs associated with overnight interest (swap rates) for holding positions overnight. Currency conversion fees may also apply when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Deus Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 5 (MT5) for Desktop | Windows, macOS | Advanced order types, customizable interface, encryption for secure logins. | Demo accounts available. |
| MetaTrader 5 (MT5) for Mobile | iOS, Android | One-click trading, market alerts, biometric login options. | VPS services offered. |
| MetaTrader 5 (MT5) Webtrader | Web browsers | Access to 30+ technical indicators, secure data transmission, symbol lookup. | No additional services specified. |
The MetaTrader 5 (MT5) platform for desktop is ideal for traders seeking advanced features and customization, supporting both Windows and macOS systems. The mobile version offers convenience with features like one-click trading and alerts, making it suitable for traders on the go. The web-based MT5 provides essential trading tools without requiring installation, ensuring accessibility from any browser. Overall, Deus emphasizes secure logins and efficient trading experiences across all platforms, catering to diverse trader needs with fast order execution and real-time market alerts.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee, bank charges may apply | Min 50, Max 10,000 | USD, EUR |
| Credit/Debit Card | Instant | No platform fee | Min 50, Max 5,000 | USD |
| Cryptocurrency | Instant | Variable network fees | Min 50, Max 20,000 | BTC, ETH |
| E-wallets | Instant | 1.5% charge | Min 50, Max 10,000 | USD |
Minimum Deposit
The minimum deposit requirement at Deus is typically set at $50. This amount remains consistent across various payment methods and account types, making it accessible for new and retail traders.
How to Withdraw
To withdraw funds from your account with Deus, follow these steps:
- Log into your trading account.
- Navigate to the ‘Withdrawal’ section.
- Select your preferred withdrawal method.
- Enter the amount you wish to withdraw.
- Submit your withdrawal request.
- Check your email for confirmation and follow any additional instructions provided.
Customer Support
Deus Customer Support Overview
Support Channels
Deus Technology Co Ltd offers multiple contact methods for customer support. Traders can reach out via:
- Email: Customers can send inquiries to support@deuscorp.com for assistance with their trading accounts and other inquiries.
- Phone: Immediate support is available by calling +60 362110339, allowing customers to speak directly with a support representative.
- Visit Office: Customers are welcome to visit the Deus office located in Mauritius for face-to-face assistance.
- Online Form Submission: An online form is available for customers to submit their questions or concerns, ensuring their inquiries are addressed promptly.
Service Availability
The customer support services are available during standard business hours, and there is no specific mention of multilingual support. Potential clients may want to reach out during these hours for the best assistance.
Frequently Asked Questions
Deus Technology Co Ltd is not regulated by any recognized financial authority. This lack of regulation poses significant risks for potential traders, as there is no oversight to ensure the safety and security of client funds.
Deus offers several types of trading accounts including Retail Accounts for beginners, Professional Accounts for experienced traders, Corporate Accounts for corporate clients, Islamic Accounts for those seeking Sharia-compliant options, and Demo Accounts for new traders to practice in a risk-free environment.
Deus provides various deposit and withdrawal options including bank transfers, credit/debit cards, cryptocurrencies, and e-wallets. The processing times and fees may vary depending on the method chosen, with deposits generally being instant and withdrawals taking 3-5 days for bank transfers.
Deus offers customer support through multiple channels including email, phone support, office visits, and online form submissions. Support is available during standard business hours, and traders can reach out for assistance with their accounts or inquiries as needed.
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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.