Brokers  /  Dragon Capital (Cyprus) Ltd

Dragon Capital (Cyprus) Ltd

Moderate riskForex / CFD broker
🇨🇾 Cyprus · — · since — · Dragon Capital (Cyprus) Ltd
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Independent ratingshow third parties score this broker
WikiFX/10
Trustpilot/5
Forex Peace Army/5
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No sign that Dragon Capital (Cyprus) Ltd actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
34
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verifiable website or social-media presence
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 & licensing3835%
Company age5015%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

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 name
Headquarters🇨🇾 Cyprus
Founded
Years operating
Employees
Official websitedccl.com.cy
Trading conditions
Avg execution speed
Avg slippage
Swap rating
Trading cost rating
Monitored traders
Monitored orders
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CySECCIF licence112/10CyprusAuthorised

Review analysis AI

Dragon Capital (Cyprus) Ltd holds a legitimate CySEC licence (112/10) and has operated since 2006, which provides a baseline of regulatory credibility. However, our Scam Risk Score of 34/100 ('Guarded') reflects a notable lack of verifiable website or social media presence, making independent due diligence challenging. While the broker is not flagged as a clone or high-risk scam, the absence of direct official information and user reviews means traders must proceed with caution and verify all details directly with the firm before engaging.

Best for
  • Traders seeking a CySEC-regulated broker with a long-standing licence
  • European clients who require MiFID II protection and access to investor compensation
  • Investors comfortable with a broker that has limited public marketing but established regulatory standing
Not for
  • Traders looking for a heavily reviewed broker with abundant online user feedback
  • Clients who prioritise low-cost, high-leverage trading without verifying specific terms
  • Traders who rely on extensive social media presence and community engagement for confidence
Period:

Real user reviews

Where Dragon Capital (Cyprus) Ltd operates

Based on its licenses and complaint records.

🇨🇾 Cyprus Licensed

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 Dragon Capital (Cyprus) Ltd

Company Background

Dragon Capital (Cyprus) Ltd is a Cyprus-based investment firm registered on 2 February 2006 under company number HE171623. The company operates under the official domain dccl.com.cy and is headquartered in Nicosia, Cyprus. It has been active in the financial services sector for nearly two decades, positioning itself as a regulated intermediary for retail and professional traders.

According to publicly available records, the firm was established with a focus on providing investment and ancillary services, including order execution, dealing on own account, and investment advice. While the broker's own website is not extensively documented in independent sources, its long-standing registration and regulatory status indicate a degree of institutional permanence within the Cypriot financial ecosystem.

Regulatory Status

Dragon Capital (Cyprus) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 112/10. This licence, granted on 27 January 2010, permits the firm to operate as a Cyprus Investment Firm (CIF) and to provide a range of investment services across the European Economic Area under the MiFID II passporting regime.

As a CySEC-regulated entity, the broker is subject to ongoing capital adequacy requirements, client money segregation rules, and participation in the Investor Compensation Fund (ICF), which covers eligible clients up to €20,000. The regulator's public register confirms the licence's active status, with no record of sanctions or material breaches in recent years.

Services and Product Offering

The broker is authorised to offer several core investment services: reception and transmission of orders, execution of orders on behalf of clients, dealing on own account, and investment advice. These services are typically applied to financial instruments such as forex, contracts for difference (CFDs), and other derivatives, as is standard for CySEC-licensed CIFs.

Third-party industry reviews describe Dragon Capital as a multi-asset broker, though specific instrument lists are not publicly detailed. Given its regulatory permissions, traders can reasonably expect access to major forex pairs, indices, commodities, and possibly equities via CFDs. The broker may also offer discretionary portfolio management and underwriting services, as indicated by its licence scope.

Account Types and Trading Platforms

Independent sources do not provide a comprehensive breakdown of account types offered by Dragon Capital. It is typical for brokers of this profile to offer multiple account tiers, such as standard, premium, or ECN accounts, with varying spread structures and minimum deposit requirements. However, without official disclosure, these details remain unconfirmed.

Regarding trading platforms, the broker's official domain (dccl.com.cy) suggests proprietary or white-label solutions, but specific platforms such as MetaTrader 4 or 5 have not been explicitly linked to the firm. Traders should verify platform availability directly with the broker or through a demo account before committing funds.

Deposits and Withdrawals

Funding methods are not publicly documented for Dragon Capital. CySEC-regulated brokers typically offer bank wire transfers, credit/debit cards, and e-wallets as standard options, but confirmation from the broker's own channels is lacking.

Withdrawal processing times and fees are similarly undisclosed. Clients should review the broker's terms and conditions and client agreement for specific information on deposit and withdrawal procedures before opening an account.

Target Audience

Dragon Capital (Cyprus) Ltd appears to target both retail and professional traders within the European Economic Area, leveraging its CySEC licence to offer services across EU member states. The firm's longevity and regulatory compliance may appeal to risk-averse traders seeking a regulated environment.

However, the broker's limited online presence - including the absence of an active social media footprint and a website that is not prominently indexed - may deter traders who prioritise transparency and digital accessibility. The broker is likely better suited to clients who value regulatory protection over cutting-edge technology or flashy marketing.

Overview compiled by FXCanary from regulatory records and public data. full Dragon Capital (Cyprus) Ltd review