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DMM FX Forex Trading Services

Trade internationally with the help of DMM FX – one of Japan’s foremost Forex broking services.

DMM FX Australia offers clients the opportunity to trade in derivatives such as margin foreign exchange contracts and contracts-for-difference (CFD).

This institution is a subsidiary of the world’s second largest retail broker, DMM Securities, in Japan.

Disclaimer: Trading in financial instruments carries various risks, and you can lose more than your capital. This article may contain general advice. You should always seek professional advice when deciding if a product is right for you.

What can you use DMM FX for?

Forex trading

The Foreign Exchange (Forex) market is the largest financial market with over $4 billion USD being traded daily. In the past, the forex market was only open to large organisations due to the large financial requirements involved. Now, retail investors can participate in the market with a retail brokers such as DMM FX. DMM FX offers a platform where users can open a forex trading account for with a balance as low as $200 AUD.

The forex market operates 24 hours a day. This gives you an opportunity to react to breaking news, fluctuating price movements and changing political developments. Another factor that makes forex trading appealing to traders is the use of leverage. For example, 1:100 leverage allows a trader to buy or sell $10,000 worth of currencies with a $100 deposit. Other attributes you can expect from the DMM FX include:,

  • Low spreads. DMM FX offers tight variable bid-offer spreads. This is one of the main features of the platform.
  • No limit on spreads. There are no limits on Stop Loss or Take Profit orders.
  • No commission. Trading profits are not reduced by clearing fees, exchange fees, or brokerage fees.
  • Low account balance. Open a DMM FX account with a balance as low as $200 AUD.

Contracts-for-Difference (CFD)

A CFD a product that lets you make a profit or loss depending on the buy price or sell price of the financial instrument that you are trading. It is possible to pay for just a small percentage of the contract value (called margin requirement) because you don’t own the underlying financial instrument. If you are interested in CFDs, DMM FX offers a stable platform to conduct your trade. It features the following attributes:

  • Competitive pricing. The spreads from DMM FX are very tight and highly competitive.
  • No limits on orders. Get more control on how you trade with DMM FX. It’s the first major Australian broker to offer this feature.
  • Multiple products.Choose from a wide range of instruments including commodity CFDs and index.
  • No commission. Trading profits are not reduced by clearing fees, exchange fees, or brokerage fees.

Precious metals CFDs

Commodity CFDs are appealing to traders who are expecting significant price movements. The process of trading spot gold and silver at DMM FX is similar to trading currencies. Gold and silver are the most highly traded derivative instruments in the market today. It is possible to get high profit returns when you trade in commodities.

Indices CFDs

Indices are the most popular forms of CFDs. At DMM FX, you have options from indices around the world including SPX500, NAS100, US30 and JPN225. Index trading lets you trade on the performance of the stock markets which is less risky than trading individual company stocks.

The registration process

If you have decided to use the DMM FX platform, you can register for either a demo account or a live account.

Opening a demo account:

  • Go to the DMM FX website
  • Register with your email and password

Opening a live account:

  • Go to the DMM FX website
  • Fill out the registration form
  • Provide your driver’s license or passport details
  • If you do not have a driver’s license or passport, you need to submit the form and wait for the DMM FX team to offer additional identification options
  • Click submit

After your identity has been verified, your account will be activated. The next step is then to deposit funds into the account. This can be done with a credit card (1% charge apply for domestic cards and 3% for international cards), BPAY, or wire transfer.

What platforms does DMM FX Offer?

  • MetaTrader 4 Terminal. This is one of the most notable trading platforms in the market. It provides real-time quotes on indices and currencies, comprehensive charting, technical tools and economic news. This platform is one of the reasons why many traders have decided to use DMM FX services.
  • WebTrader. This offers a user-friendly interface in a customisable trading environment. It has advanced management and charging tools that will help users manage their trade effectively. Payments can be processed with just two clicks.
  • MetaQuotes Apps. DMM FX recognises that many of its users want to trade on the go. For this reason, it supports the MetaQuotes iPhone application which enables you to trade on Apple and Android phones and tablets.

Why should you choose DMM FX?

  • Live chat. If you have any questions or problems with your DMM FX account, it will be resolved quickly because the company offers 24 hours support, 6 days a week.
  • User-friendly interface. The interface is designed for traders with different levels of trading experience. The platform offers real-time charts that are easy to understand.
  • Tight spreads. DMM FX offer tight spreads across all major currency pairs because it has access to DMM Group’s network of liquidity providers.

Frequently asked questions

  • Does DMM segregate the money of its investors?
    Yes, DMM FX holds funds in a segregated account with NAB.
  • How many currency pairs do you offer?
    DMM FX deals with most currency pairs. More details are available on the Forex products page.
  • Do you have demo accounts?
    Yes, demo accounts are provided to help clients become comfortable with the platform. The demo account does not expire so you can learn on your own time.
  • More about DMM FX
    DMM FX has a global network of banking relationships which allow it to pass tight spreads across a full range of financial products. DMM Securities Japan, its parent company, is the second largest retail forex broker in terms of volume. You are assured that you are dealing with a robust and secure financial services company.
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6 Responses

  1. Default Gravatar
    carlDecember 4, 2015

    Does DMM allow scalping?

    • finder Customer Care
      ShirleyDecember 7, 2015Staff

      Hi Carl,

      Thanks for your question.

      DMM FX has trading restrictions around scalping and during economic news releases. Please contact them for more information.


  2. Default Gravatar
    PedroDecember 13, 2014

    in the add that got my attention, dmm fx says fixed ultra low spreads, in this page, DMM FX offers tight variable spreads…


    • finder Customer Care
      ShirleyDecember 15, 2014Staff

      Hi Pedro,

      Thanks for your question.

      You can view DMM FX’s range of tight, variable spreads on their website.


  3. Default Gravatar
    senthilApril 5, 2014

    hi i am senthil from india. its possible open trading account

    • finder Customer Care
      MarcApril 7, 2014Staff

      Hi Senthil,
      thanks for the question.

      DMM FX accepts clients from outside of Australia, so you might want to contact them directly for more information.


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