Dolce500 is an unregulated Forex & Crypto CFD Broker, that opened in September 2020.
This broker is owned by Trinot LTD, and located at: Suite 1, Second Floor, Sound & Vision House, Francis Rachel Street, Victoria, Mahe, Seychelles. The phone number listed on their website is in United Kingdom: +442080684339. Their email address is: [email protected], and the Official website is at: Dolce500.com.
For complaints or withdrawal problems, read more here.
Dolce500 Broker Review
Our review of the new brokers called Dolce500 shows, that the trading app they are offering investors is made by Airsoft. They could be related to another broker called coiniwelt. We have recently seen a slew of new white label brokers popping up offering this trading app. The trading app is a very basic web-based CFD trading platform, and investors are not able to utilize a real trading platform like MetaTrader 4, or any mobile trading apps.
Look at the screenshot below, and you can see what their web-based trading platform looks like. You will find that Dolce 500 offers a variety underlying assets for CFD trading against USD or BTC including; Shares, Crypto Currency, Forex Pairs, Stocks, Commodities and Market Indexes.
Dolce500’s website and trading platform is only available in English. Technically, the minimum deposit for a new trading account is $250, but they require you to deposit Crypto. If you want trading signals for free, look here.
Scam Crypto Trading Apps
Before investing with an automated trading system, you should know that 99.9% of people lose money that way. If you want to see how the Crypto trading app scam works, go read this article.
If you are too busy to read that article, it basically says that scammers write Fake News articles about people that made thousands of dollars using a trading app like “Bitcoin Code“. You are better off investing your money at a licensed broker, that offers free alerts from Trading Central, see here.
Is Dolce500 a Licensed Broker?
No, Dolce500 is not a licensed or regulated broker. All brokers based in Seychelles should be regulated by the FSA, but this company is not. On January 8th 2021, the FCA warned investors not to use this broker, see here.
Scam Broker Investigator uses a simple method to determine if a CFD broker is legitimate or a scam broker. We look to see if the broker is licensed and regulated by anyone of the popular government regulators; FSCA South Africa, FCA United Kingdom or ASIC Australia.
As a general rule, Forex & Crypto trading companies, doesn’t matter where they are located, must be regulated by the financial regulatory agency in your local country. For complaints or problems making a withdrawal you should read this article.
You can find popular Forex brokers that are licensed and regulated listed here.
Compare Licensed Brokers
There are many Crypto and Forex CFD brokers to choose from online, therefore, you should first look at some popular licensed brokers.
ForTrade is currently our most popular broker for new CFD investors. ForTrade is regulated in Australia, England and Canada, see here.
Try a Free Demo of their easy trading app, register here.
Are you currently investing with Dolce500? Share your experience, with the new investors reading this review.