Comprehensive Review of DUNBAR TRADE & INVEST

DUNBAR TRADE & INVEST presents itself as a brokerage firm for both spot and margin trading. This company promotes various benefits for customers such as bonuses, low trading costs, and even additional services including webinars and training. Emphasizing these features was one of the methods it chose to make its marketing shine. In any case, the investigation leads to completely opposite conclusions. With that said, let’s dive in and establish in the review if the company is credible or if it’s just a scam.

Highlights

Key Trading Features

DUNBAR TRADE & INVEST provides access to several account types that suit different trading needs. Among them are: Currency, Commodities, Stock-Market, Stock Indices, VIP. Each type of account differs not only in the financial instruments available but also in privileges, additional services, and requirements.

The minimum deposit for a standard account is set at £100, granting access to basic features like news updates and trading tools. All authorized users can get access to market updates, and the company promises its new clients a trial trade with an expert for five working days. Other benefits include reduced transaction fees and access to exclusive IPOs.

While some aspects of these offerings are indeed very transparent, there are some gaping holes in their transparency. For example, while CFDs are very highly promoted, there is absolutely no information on the leverage ratios applied. This is something very disturbing because the leverage factor is one of the most critical elements in any trader’s risk management strategy.

Additional services include PAMM accounts, which are a system of professional traders handling pooled funds; insurance coverage; and professional accreditation. However, the complete lack of information about all these functions speaks against the company’s transparency.

In short, although DUNBAR TRADE & INVEST claims a number of attractive features, information on spreads, leverage ratios, and the exact nature of investment services is not provided.

Overview of Available Trading Instruments

The broker claims to provide a wide range of trading instruments. Meanwhile, access to them depends on the account type and size of the deposit, making some instruments unreachable for certain users. The general list of instruments includes: indices, currency pairs, cryptocurrencies, commodities, and stocks.

The company positions itself as a dealer of CFDs, which are very risky by nature. As mentioned, the leverage ratios and margin requirements are not given, which is not good. Such omissions are disturbing as leverage is an integral part of trading CFDs. Second, there is inconsistency in information on their website and in their trading terminal, which makes the broker less reliable.

Besides this, CFDs are often associated with the worst practices of brokers, as the main risks of such instruments can cause huge losses for unprepared traders. It’s a kind of red flag regarding the broker’s true motives and credibility.

Trading Platform Analysis

One of the major points of contention with DUNBAR TRADE & INVEST is that it is not transparent about its trading platform. Its official website has nothing to say about the software and does not provide any links for downloading or accessing it. Although its client agreement briefly mentions a demo account, no meaningful information is given about its features and limitations.

The dealer is said to perform its transactions on WebTrader. Unfortunately, this platform has a number of serious disadvantages, such as inaccuracies in asset price charts, liquidity issues, delays in order execution, and poor mobile support. These flaws seriously compromise the usability of the platform and raise suspicions regarding the overall reliability of the company.

Additional Services

DUNBAR TRADE & INVEST promotes supplementary services aimed at attracting new traders, including educational programs and bonuses.

Educational resources include access to e-books, trading materials, and regular webinars on market-related topics. However, the content quality appears basic and may not be sufficient for traders seeking in-depth knowledge.

Bonuses are hinted at but not clearly defined. The dealer says that the bonus is granted depending on deposit size and account type, entirely at the discretion of the administration.

Fee Structure

The fee structure of this firm is very opaque: detailed information about trading commissions and/or transactional fees is available only in the client agreement; this information is nowhere to be found on the website’s account description pages, making it nearly impossible for a potential client to research the costs in advance.

There are inactivity fees, and the cost is charged after three months of inactivity. The amount is solely at the discretion of the administration, which claims to be doing so in compliance with regulators’ rules. The rollover fee is mentioned but not clearly explained, so traders are unsure of exactly how much they will pay for it. Transaction fees, both from the broker and the payment systems, further increase the overall uncertainty regarding the fee structure.

Legitimacy of DUNBAR TRADE & INVEST

DUNBAR TRADE & INVEST is not subject to any regulation. It does not have licenses from European, Asian, Australian, or offshore regulators. The website does not reference legal entities, and the footer does not provide links to official registries.

The absence of information about company management, its legal address, and office locations further undermines its credibility. This lack of transparency is a major red flag for potential investors.

Company History

The dealer claims to have been established in 2015 and to have started operations in 2017. However, these statements appear to be misleading, as there is no evidence to support them.

A domain name check reveals that the company only began operations in 2024, contradicting its claims of long-standing experience. This discrepancy aligns with other red flags, such as the lack of licensing and low trust levels in the trading community.

To make matters worse, one of the broker’s clients contacted us. Or rather, he shed light on another unpleasant circumstance, namely the intermediary’s work on a new domain name (dunbartradeltd.com) created just a few days ago. This behavior is another powerful red flag.

Conclusion

DUNBAR TRADE & INVEST is not a decent and trustworthy broker to deal with. Lack of regulation, negative reviews, and serious shortcomings in the services offered do not allow the company to be considered serious. A lack of transparency, a problematic platform, and some questionable practices make this broker quite risky for traders. Needless to say, this is not a project to be dealt with.

Weighing the Pros and Cons

Common Questions