Brokers  /  DB

DB

Moderate risk
India · 5-10 years · since 2019-07-02 · DB (International) Stock Brokers Limited
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot/5
Forex Peace Army/5
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DB operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameDB (International) Stock Brokers Limited
Headquarters India
Founded2019-07-02
Years operating5-10 years
Employees0
Official websitedbonline.in
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
114 New Delhi House, 27 Barakhamba Road, New Delhi -110001

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

DB is an unregulated broker based in India with a high risk profile. The lack of regulatory oversight and limited public information make it unsuitable for most traders. The FXCanary Scam Risk Score of 45/100 indicates a guarded level of risk, and traders should avoid depositing funds without extensive verification.

Best for
  • Traders willing to accept high risk with an unregulated broker
  • Users seeking a broker with a low-information profile
Not for
  • Traders requiring regulatory protection
  • Those seeking transparency and established track record
  • Investors looking for a reputable, well-documented broker
Period:

Real user reviews

Where DB operates

Active across 3 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India
🇨🇦 Canada
🇺🇸 United States

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About DB

Overview

DB operates under the domain dbonline.in and is registered in India, having been founded on July 2, 2019. The company lists its registered address at 114 New Delhi House, 27 Barakhamba Road, New Delhi -110001. It maintains a Facebook presence but does not appear to be regulated by any financial authority, making it an unregulated entity.

Regulation and Licensing

Our records indicate that DB holds no licences from any recognised financial regulator. This absence of regulatory oversight is a significant consideration for potential clients, as it means the broker is not subject to the standard compliance and investor protection measures that regulated brokers must adhere to in India.

Company Background

DB was established in 2019, making it a relatively new entrant in the financial services space. Its official corporate address is in New Delhi, India. However, due to the lack of verifiable independent information beyond its registration details, little is known about the company's operational history, corporate structure, or the specific services it offers.

Risk Considerations

Given that DB is unregulated and has minimal publicly available information, traders should exercise extreme caution. The FXCanary Scam Risk Score of 45/100 (Guarded) reflects the elevated risk associated with unregulated brokers. Potential clients should conduct thorough due diligence before engaging with this entity.

Overview compiled by FXCanary from regulatory records and public data. full DB review