ANSWER Dear Investor,Our research indicates that DiamondWhale is a scam.The website provides limited information and does not disclose valid company information or licensing details. Given its recent domain registration, DiamondWhale may have emerged only recently. This lack of transparency, coupled with the possible recent establishment, raises suspicions of fraud. The Federal Financial Supervisory Authority (BaFin) has issued a warning about DiamondWhale, noting it as a scam.Therefore, we strongly suggest you stay away from DiamondWhale to avoid falling victim to fraud. For a safer trading environment, we recommend opting for fully regulated brokers.
See more