ANSWER No, DDSE is not a licensed broker. Instead, it is not regulated and has been warned by a financial regulator for unlicensed provision of financial services.DDSE purports to be incorporated in the Cayman Islands. However, our verification with the Cayman Islands Monetary Authority (CIMA) indicates that it does not hold a license within this jurisdiction. Furthermore, it offers financial services in the UK without the required authorization, leading to a warning from the Financial Conduct Authority (FCA).Therefore, DDSE is not a safe platform. It poses significant risks of fraud and identity theft. To mitigate these risks, it is strongly advised to avoid DDSE and similar unlicensed brokers. Opting for fully regulated brokers is a much safer choice.
See more