We present to our readers a DLSM review of a broker that claims simple and accessible trading begins on its platform. The company promises zero commissions, tight spreads, and ongoing support. However, it’s worth carefully examining how true these claims are and whether this project truly offers significant advantages.
It’s worth starting with the website’s language selection. Traders are only offered in English and a couple of Chinese, which seems rather unorthodox and somewhat counterintuitive for a broker that claims a broad international presence. Nevertheless, the website itself is neatly designed. It uses a calm blue color scheme, avoids aggressive or overly bright visual elements, and the main page is primarily devoted to trading conditions, tickers, and news sections.
The footer, which houses legal information, is especially noteworthy. Another positive is the presence of QR codes for quickly downloading mobile apps. This is truly convenient and rare among brokerage projects. Overall, it’s clear that the website has received careful attention and doesn’t look hastily put together. It seems as if the broker has invested resources in the visual and technical aspects of the platform over the years.
However, there are some downsides. First and foremost are the pop-up ads with bonus offers. They distract from the user experience and appear intrusive. Moreover, bonus programs in trading are frowned upon by most European regulators and are often used by problematic and unregulated brokers.
Regarding contact information, the broker only provides an email address and offers live chat. The website also lists two offices, one as the official registered address and the other as the company’s office address. However, it doesn’t specify whether the office can be visited in person, whether clients are welcome there, or what the managers’ working hours are. There’s no phone number on the website, which seems rather odd for a brokerage company. As a result, the contact information remains incomplete, although formal communication channels are provided, which is a minimal, but still positive benefit.
Let’s take a look at the account types DLSM offers its clients, noting not only the stated advantages but also some controversial points.
The ECN Account is presented as the most popular option. The broker promises zero spreads and a commission of $4 per lot, which is generally consistent with the classic ECN model. The minimum deposit of $100 seems affordable, but the maximum leverage of 1:1000 is concerning. For an ECN account, which is typically designed for more experienced traders, this leverage seems excessive. It’s unlikely that trades can actually be placed on the interbank market with this leverage.
The Standard Account (in USD) is aimed at beginner traders. It has no commission, and spreads start at 1.2 pips. Formally, the terms are almost identical, but the leverage is 1:500. However, this is still quite aggressive. For beginners, this level of leverage is especially dangerous, as without experience, it almost inevitably leads to a rapid loss of capital. The Standard Account (USC) is only available for Southeast Asian countries and uses cent currency. The minimum deposit is only $10. It’s surprising that this exclusive account isn’t available to everyone. Incidentally, leverage here is also up to 1:1000 for balances up to $2000 and 1:500 for larger amounts. This again raises questions. With such parameters, even a cent account doesn’t reduce risks; it merely delays the onset of serious losses.
Overall, all account types share one common problem: excessively high leverage, which doesn’t meet the conservative standards of most regulated jurisdictions.
Among the advantages, the trading platforms are particularly noteworthy. DLSM offers MetaTrader, as well as its own DLSM GO solution and a web platform. The availability of MT is a definite plus, as these are proven and familiar terminals with extensive capabilities for analysis, automated trading, and the use of custom indicators. However, even a reliable platform doesn’t offset the risks associated with the broker’s aggressive terms and questionable operating model.
Broker DLSM claims to be registered in Vanuatu, and its management company is called DLS Markets Limited. Vanuatu has long been known as an offshore jurisdiction with minimal requirements for financial companies and extremely weak oversight of their activities. For traders, such registration offers virtually no guarantees of protection of funds or rights. But that’s not all the downsides.
The company places special emphasis on its Finacom certificate. We verified this information. Indeed, in 2023, DLSM received Finacom membership, with the stated compensation fund amounting to up to €20,000 per client. Formally, this appears to be some kind of protection. However, keep in mind that in practice, the significance of such a certificate is greatly exaggerated.
It is important to understand that Finacom is not a government regulator. It is a private organization with no real supervisory powers and is incapable of conducting full-fledged audits of brokers, much less enforcing their compliance with financial laws. Finacom’s decisions are advisory in nature, and membership in this organization does not replace a license from an official regulator.
In essence, the mention of Finacom in this case is more of a ploy designed to reassure inexperienced traders. It creates an illusion of reliability where none exists. Offshore registration and a link to a non-governmental arbitration firm are a weak basis for trusting a broker that handles clients’ real money.
The situation with user reviews looks rather unusual. It gives the impression that the broker obtained its certificate and then remained largely inactive in terms of promotion for a long time. Another possibility is that the company previously operated under a different brand name and only recently started promoting DLSM. In any case, the number of reviews is very limited, and most of them appeared only in the summer of 2025.
For example, on Trustpilot, there are only four reviews about this project. Three of them were posted during the summer, with the most recent one appearing in September. It is difficult to describe these as in-depth or informative reviews. They consist of just a few sentences and mainly focus on customer support rather than real trading experience or withdrawal issues.
As a result, at this stage there is still no sufficient amount of reliable user feedback that would allow us to draw solid conclusions about how this company actually operates in practice.
Overall, the situation around this broker remains ambiguous. Of course, the final decision is yours, and choosing this company means acting entirely at your own risk. However, it is important to note that the market offers far more reliable alternatives — brokers with solid reputations and licenses from well-known regulators, where client funds are subject to real oversight and protection. Compared to such companies, this platform looks like a weaker and riskier choice, so exploring more transparent and regulated options may be a much wiser decision.
Helen always knew that her passion for journalism was more than just a hobby. It was a potential career. She began her professional journey at a local newspaper in the small town where she was born. Writing on a variety of topics, from local news to financial reviews, her persistence and investigative talent soon caught the attention of editors at larger publications. We are thrilled that Helen accepted our offer and now writes for fincapital-reviews. Her exposés always create a buzz. Sometimes, we think Helen could easily open her own detective agency.
Can I trust them? I’m thinking about opening an account here, but I haven’t made a final decision yet. At first glance, the project seems good, the interface is user-friendly, and the terms seem reasonable. However, since the broker isn’t particularly well-known and doesn’t have a license, I’m still hesitant. Share your experience.
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