Brokers  /  DMA

DMA

Moderate risk
🇿🇦 South Africa · 2-5 years · since 2022-03-14 · SCM DMA (Pty) Ltd
Independent ratingshow third parties score this broker
WikiFX1.48/10
Trustpilot/5
Forex Peace Army/5
46
Moderate risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • No verifiable website or social-media presence
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 & licensing6835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)7810%

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 nameSCM DMA (Pty) Ltd
Headquarters🇿🇦 South Africa
Founded2022-03-14
Years operating2-5 years
Employees0
Official website
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
48 7TH AVENUE PARKTOWN NORTH JOHANNESBURG 2193

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCAForex Trading License (EP)40983South Africa

Review analysis AI

Across 1 recent Trustpilot reviews, 0% are 1–2 star.

0
Period:
What users praise
Where reviewers are from
United States1

Real user reviews

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About DMA

DMA is a forex and CFD broker based in South Africa, with records dating to 2022-03-14. It reports oversight from FSCA.

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

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