Brokers  /  DRW

DRW

Severe risk
🇺🇸 United States · 5-10 years · since 2019-07-23 · DRW Holdings, LLC
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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DRW 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. We’ve logged 1 complaint(s) from United States.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~75% of recent reviews
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 complaints4212%
Offshore registration108%
Transparency (site/info/social)2510%

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 nameDRW Holdings, LLC
Headquarters🇺🇸 United States
Founded2019-07-23
Years operating5-10 years
Employees0
Official websitedrw.com
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
540 W Madison Street Suite 2500 Chicago IL 60661

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Across 4 recent Trustpilot reviews, 50% are 1–2 star. The single most common complaint is being unable to withdraw funds (3 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
United States3
Nigeria1

Real user reviews

Where DRW operates

Active across 29 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.

🇺🇸 United States 1 complaint
🇮🇳 India
🇬🇬 Guernsey
🇨🇦 Canada
🇳🇱 Netherlands
🇦🇺 Australia
🇸🇬 Singapore
🇻🇳 Vietnam
🇫🇷 France
🇬🇹 Guatemala
🇧🇷 Brazil
🇩🇪 Germany
🇨🇭 Switzerland
🇮🇩 Indonesia
🇷🇺 Russia
🇰🇷 South Korea
🇵🇭 Philippines
🇲🇽 Mexico
🇳🇬 Nigeria 1 complaint

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 DRW

DRW is a forex and CFD broker based in United States, with records dating to 2019-07-23. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

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