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Dragonstone

High riskForex / CFD broker
Comoros · 1-2 years · since 2024-11-04 · Dragonstone Forex Trading Limited
CYSECFSA
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
2
Licenses ›
0
Withdrawal issues ›
$50
Min. deposit ›
1：100
Max leverage ›
1
Account types ›
53/100
Scam risk ›
0
Clone sites ›
Accounts: Standard · 50 USD
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.98/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that Dragonstone 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.
53
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Recently established — about 20 months old
  • Registered in Comoros (offshore, light oversight)
  • 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 & licensing6835%
Company age7215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)7810%

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 nameDragonstone Forex Trading Limited
Headquarters Comoros
Founded2024-11-04
Years operating1-2 years
Employees0
Official websiteaccount.dgvg.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
InstrumentsForexCommoditiesCryptocurrenciesIndices
Registered address
Hamchako, Mutsamudu, The Autonomous Island of Anjouan, Union of Comoros

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
CYSECMarket Making (MM)299/16Cyprus—
FSADerivatives Trading License (EP)SD184Seychelles—

Account types · 1

AccountMax leverageMin. depositMin. spreadCommissionEA
Standard1：10050 USDFrom 0.2$0✓

Review analysis AI

Dragonstone has an elevated scam risk score of 53/100, indicating potential concerns. The broker is newly established in Comoros with unconfirmed regulatory status from CYSEC and FSA. Combined with limited publicly available information, this broker presents a higher risk profile that cautious traders should carefully evaluate before depositing funds.

Best for
  • Low minimum deposit of 50 USD
  • Multi-platform via MetaTrader 5
  • Multiple asset classes including crypto
Not for
  • Traders seeking high regulatory oversight
  • Traders needing transparent fee information
  • Risk-averse investors
Period:

Real user reviews

Where Dragonstone operates

Based on its licenses and complaint records.

🇨🇾 Cyprus Licensed
🇸🇨 Seychelles 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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What Dragonstone says about itself as stated by the broker · not independently verified by FXCanary

Trading Platforms

According to its website, Dragonstone provides free download of MetaTrader 5. The platform is described as a diversified financial trading platform that allows traders to access multiple markets including Forex, stocks, futures, and CFDs within a single platform. It supports automated trading through built-in robots and custom strategies using MQL5, and offers powerful charting tools and technical analysis functions.

Account Types

The broker lists a Standard account type with a minimum deposit of 50 USD and maximum leverage of 1:100, as per our records. The broker’s website may present additional accounts, but the Standard account is the only one confirmed from known facts.

Instruments

Dragonstone claims to offer trading in Forex, Commodities, Cryptocurrencies, and Indices. These instruments are typical for multi-asset forex and CFD brokers.

About Dragonstone

Overview

Dragonstone is an online forex and CFD broker established in November 2024. The company is registered in the Union of Comoros, with a physical address in Hamchako, Mutsamudu, on the Autonomous Island of Anjouan. Despite its recent founding, it has quickly made available a trading platform and account options for retail traders.

Regulation

According to regulatory records, Dragonstone holds licences from the Cyprus Securities and Exchange Commission (CYSEC) and the Seychelles Financial Services Authority (FSA). However, the status of these licences is listed as '—' in our records, indicating that they may not be currently active or verified. Potential traders should exercise caution and verify the current regulatory standing independently.

Account Types

The broker offers a single Standard account tier. This account requires a minimum deposit of 50 USD and provides a maximum leverage of 1:100. Details on spreads, commissions, and additional account features are not publicly available from the information we have, suggesting limited transparency.

Trading Platforms

Dragonstone provides the MetaTrader 5 (MT5) platform to its clients. MT5 is a widely-used trading platform known for its advanced charting tools, technical indicators, and support for automated trading via Expert Advisors. The broker offers a free download of the platform from its website.

Instruments

The broker lists a range of tradable instruments including Forex currency pairs, Commodities (such as gold and oil), Cryptocurrencies (including Bitcoin and Ethereum), and Index CFDs. This multi-asset offering caters to traders seeking diversification within a single account.

Target Audience

Dragonstone appears to target retail traders, particularly those who prefer a low initial deposit and leverage for small capital. The combination of a 50 USD minimum and 1:100 leverage is typical for brokers aiming at novice or budget-conscious traders. However, the elevated risk score and unclear regulatory status suggest that only experienced traders should consider this broker with due diligence.

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