Brokers  /  DLSM

DLSM

Moderate risk
🇻🇺 Vanuatu · 2-5 years · since 2023-06-02 · DLS Markets Limited
ASICVFSC
Visit site ↗
—/5
★★★★★ ★★★★★
5 reviews ›
2
Licenses ›
3
Withdrawal issues ›
$200
Min. deposit ›
Major and minor currency pairs1:500；Exotics 1:50；Gold 1:500；Silver 1:100；Oil 1:100；Indices1:100
Max leverage ›
2
Account types ›
26/100
Scam risk ›
10
Clone sites ›
Accounts: ECN ACCOUNT · $200STANDARD ACCOUNT · $200
▲ 40% positive▼ 40% negative
Independent ratingshow third parties score this broker
WikiFX6.72/10
Trustpilot—/5
Forex Peace Army—/5
26
Moderate risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): ASIC
  • Registered in Vanuatu (offshore, light oversight)
  • Withdrawal complaints in ~60% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints4212%
Offshore registration808%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameDLS Markets Limited
Headquarters🇻🇺 Vanuatu
Founded2023-06-02
Years operating2-5 years
Employees0
Official websitedlsm.com
Trading conditions
Avg execution speed265.9 ms AAA
Avg slippage-0.5 AA
Swap ratingAAA
Trading cost ratingAA
Monitored traders229
Monitored orders113,103
Funding & instruments
Deposit methods3 · USDT
Withdrawal methods3 · USDT
InstrumentsMajor and minor currency pairs ，Exotics，Gold，Silver，Oil，Indices
Registered address
Unit 3, 3rd Floor, Bayview House, Lini Highway, 11/OD22/003. Vanuatu

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
ASICDerivatives Trading License (STP)296805AustraliaRegulated
VFSCForex Trading License (EP)700455VanuatuOffshore Regulation

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
ECN ACCOUNTMajor and minor currency pairs1:500；Exotics 1:50；Gold 1:500；Silver 1:100；Oil 1:100；Indices1:100$200From 0.0$6 commission per round trade✓
STANDARD ACCOUNTMajor and minor currency pairs1:1000；Exotics 1:100；Gold 1:1000；Silver 1:200；Oil 1:500；Indices1:500$200From 1--✓

Review analysis AI

Across 5 recent Trustpilot reviews, 40% are 1–2 star. The single most common complaint is being unable to withdraw funds (3 reports) — the classic warning sign in forex. We also found 23 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users complain about
What users praise
Where reviewers are from
Malaysia2
Czech Republic1
Pakistan1
Kazakhstan1

Real user reviews

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About DLSM

DLSM is a forex and CFD broker based in Vanuatu, with records dating to 2023-06-02. It reports oversight from ASIC, VFSC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Finally, beware of impersonation: we tracked 23 clone website(s) copying DLSM. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full DLSM review