DC

DC, legally registered as PT Deu Calion Futures, is an Indonesia-based brokerage firm that was founded on 5 July 2021. The company operates under the official domain betadcfx.com, which is the primary access point for its services. According to our records, the broker has no employees listed and maintains a presence on Facebook, Instagram, and Twitter/X.

As of our latest review, the regulatory status of this broker is a matter of concern. The company claims to hold a BAPPEBTI Forex Trading License (EP) with licence number 877/BAPPEBTI/SI/1/2006, but our verification suggests that this licence may be a clone. The Indonesia BAPPEBTI regulation is the only regulator on file, and the licence status is not confirmed. This raises significant questions about the legitimacy of the broker's operations.

The broker lists BAPPEBTI as its sole regulator, with a single licence on file. The licence number provided is 877/BAPPEBTI/SI/1/2006, which is stated as a Forex Trading License (EP). However, our records indicate that this licence is suspected to be a clone, meaning it may not be genuinely issued to PT Deu Calion Futures.

We cross-checked the licence details against public registers and found inconsistencies that suggest the broker may not be properly authorised. The status of the licence is listed as '—', indicating that it is not confirmed as active or valid. For traders, this means that the broker may not be subject to the oversight of a recognised regulatory authority, which significantly increases the risk of engaging with this firm.

Information about the trading platform and instruments offered by DC is limited in our records. The official website, betadcfx.com, is the primary source of such details, but we were unable to verify the specifics from independent sources. Based on the company description, it is described as a brokerage firm, which typically implies the offering of trading services, but the exact nature of these services remains unclear.

Given the lack of verifiable information, we cannot confirm whether the broker offers retail forex, CFDs, or other financial instruments. Traders should exercise caution and seek clarification directly from the broker before considering any engagement. The absence of transparent information is a red flag in itself.

Our records do not contain specific details about the account types, minimum deposit requirements, or funding methods offered by DC. The broker's website may provide this information, but we could not independently verify it. In the absence of such data, we cannot provide a reliable overview of the trading conditions.

We advise potential clients to approach any claims made by the broker with scepticism, especially regarding financial terms. Without clear and verifiable information, it is difficult to assess the suitability of this broker for any trading activity. The lack of transparency is a significant concern for any potential investor.

In FXCanary's assessment, the risk profile of DC is elevated due to the suspected clone licence and the lack of verifiable regulatory status. The FXCanary Scam Risk Score for this broker is 38 out of 100, which is categorised as 'Guarded'. This score reflects the limited public information available and the potential for the broker to be operating without proper authorisation.

We found no clone or impersonator sites associated with this broker, which is a minor positive. However, the core issue remains: the broker's claimed regulation is not confirmed, and this undermines the trustworthiness of the entire operation. Traders should treat this broker with extreme caution and consider alternative, fully regulated options.

DC, operating as PT Deu Calion Futures, presents a high-risk proposition for traders. The broker's regulatory claims are unverified and suspected to be fraudulent, and there is a lack of independent information about its operations. While the company has a social media presence, this does not compensate for the absence of credible regulatory oversight.

We recommend that traders avoid engaging with this broker until it can provide clear evidence of valid regulation and transparent operational details. The potential risks, including the possibility of financial loss without recourse, outweigh any potential benefits. Always conduct thorough due diligence before investing with any broker, especially one with such a dubious regulatory background.