
DALU
Basic Information
Pros and Cons
Pros
- Regulated by CFFEX
- Established since 2002
- Various customer support channels
Cons
- No information on minimum deposit
- High handling fees reported
- Difficulties in fund withdrawals
Is DALU Safe and Legit?
DALU, officially known as 上海大陆期货有限公司, is registered in China since 2002 and has over 20 years of operational experience. The broker specializes in futures trading and operates under the CFFEX regulation, offering various trading services with no specified leverage or spreads, utilizing multiple trading platforms including Yisheng Polestar and China Futures Express Online Trading.
As a regulated entity by CFFEX, DALU is considered legal within its jurisdiction. However, the absence of information regarding minimum deposit requirements and trading conditions may raise some concerns about its overall safety in the market.
User feedback indicates a mixed reputation for DALU. While some users appreciate the various customer support channels available, others report issues with high handling fees and difficulties in withdrawals. Complaints regarding the quality of service and unexpected trading losses are prevalent, suggesting the need for potential clients to conduct thorough due diligence before engaging with this broker.
Is DALU a Regulated Broker?
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
DALU, regulated by CFFEX, ensures that client funds are maintained in separate bank accounts, distinct from the broker’s own assets, aligning with regulatory standards. However, specific details regarding the segregation rules and participation in investor compensation funds remain unspecified, which may raise concerns for potential clients.
DALU Leverage
The broker does not provide explicit information about leverage across different account types. As DALU operates under CFFEX regulations, it is essential for clients to verify that any offered leverage aligns with local legal limits and to understand their classification as retail or professional clients before trading.
DALU Withdrawal Review
How to Contact DALU?
Does DALU Have Withdrawal Issues?
User feedback regarding DALU highlights a range of complaints, particularly concerning withdrawal issues. Many users express dissatisfaction with high handling fees and report difficulties in withdrawing their funds. These complaints primarily originate from credible online reviews and user forums. While some users appreciate the various customer support channels, the response times to complaints have been reported as slow. Repetitive themes in complaints suggest a pattern, yet there is no indication of regulatory penalties or warnings issued against DALU. Overall, the presence of multiple complaints raises concerns about the broker’s safety and reliability.
Frequently Asked Questions
A1: Yes, DALU, officially known as 上海大陆期货有限公司, is a legitimate broker regulated by the China Financial Futures Exchange (CFFEX). It has been operational since 2002, confirming its status as a legal entity within its jurisdiction.
A2: DALU holds a regulated license from the China Financial Futures Exchange (CFFEX), which confirms its legal status for futures trading within China. There are no indications of offshore licenses associated with this broker.
A3: DALU ensures client funds are held in separate bank accounts, distinct from its own assets, aligning with regulatory standards. However, specific details about segregation rules and participation in investor compensation funds are not provided.
A4: User feedback indicates notable issues with withdrawals at DALU, including high handling fees and difficulties in accessing funds. Although some users appreciate the customer support channels, there are complaints about slow response times to these issues.
A5: DALU provides various customer support channels, including WeChat and Weibo, as well as a 24/5 customer service hotline. Users have reported mixed experiences regarding the effectiveness and responsiveness of these support channels.
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.
