Digitalpipstd is a CFD broker whose official website domain was registered on April 7, 2024. The broker primarily provides investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services in countries or regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to publicly available information on the Digitalpipstd website (www.digitalpipstd.live), the broker was established in 2016, claiming its company entity is VLS and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed any specific company registration details or detailed regulatory information.
Upon investigation, the Australian Securities and Investments Commission (ASIC) has no record of a regulated company named "VLS".
Therefore, Digitalpipstd (www.digitalpipstd.live) is essentially a fraudulent broker website without any company entity or regulatory oversight.
Account Opening Process
To open an account with Digitalpipstd, visit the broker's website and click "Open Account" on the homepage or "SIGN UP" at the top right corner of the webpage. Fill in the required personal information such as name and email address, set a login password, and submit the form. Once your account is verified, registration is complete.
Trading Instruments
Digitalpipstd provides clients with a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves exchanging different currencies, known for its high liquidity, enabling traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of the entire market or specific industry sectors without trading individual stocks, offering diverse trading opportunities through popular indices and high leverage for potential gains.
- Commodities: Commodity trading covers key global market resources, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price fluctuations and dividends of public companies without actually owning the shares.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts opportunities to profit from highly volatile assets.
Investment Plans
Digitalpipstd offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Trader education*
- Risk management
- Tax-free profit on spread trading
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free profit on spread trading
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free profit on spread trading
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals daily
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payments only
- Use any broker
Trading Platform
Digitalpipstd offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with more than 12,000 orders executed per second through its comprehensive liquidity providers.
Deposits and Withdrawals
Digitalpipstd only supports deposits and withdrawals via cryptocurrency.
Conclusion:
Traderknows reminds investors that Digitalpipstd is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
