WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

DRW

United States|5-10 years|
High potential risk|

https://drw.com

Website

Rating Index

Influence

Influence

A

Influence index NO.1

United States 7.61

Surpassed 15.20% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+ 44 207 282 1000
drwrecruiting@drw.com
https://drw.com
540 W Madison Street Suite 2500 Chicago IL 60661

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+ 44 207 282 1000

Other ways of contact

Broker Information

More

Company Name

DRW Holdings, LLC

Abbreviation

DRW

Platform registered country and region

United States

Company website
X
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

DRW · WikiFX Survey

Users who viewed DRW also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

Decode Global

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)
Official website

GO MARKETS

8.99
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)
Official website

FP Markets

8.88
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)
Official website
Sources
Language
Mkt. Analysis
Creatives

DRW · Company Summary

DRW Review Summary
Founded 1992
Registered Country/Region United States
Regulation Unregulated
Products & Services Exchange Traded Funds (ETFs), cryptoassets, energy, fixed Income, currencies & commodities
Demo Account N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone, online messaging

What is DRW?

DRW is a trading firm founded in 1992 that specializes in liquidity in global financial markets. With over 30 years of experience in various asset classes, DRW provides liquidity and offers a range of products and services. However, DRW is an unregulated firm, meaning it is not subject to specific regulatory oversight. Customers have reported difficulties in withdrawing funds from DRW's website.

DRW's homepage

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • Global presence
  • Operates without valid regulation
  • Many years' industry experience
  • Some reports of withdrawal issues
  • Liquidity provider
  • Unclear trading conditions (accounts, funding methods, trading platform)
  • Diversified product offering

Pros of DRW:

- Global Presence: DRW has a global presence, allowing clients to access markets and opportunities around the world. This can be advantageous for those looking to diversify their investments and take advantage of different market conditions.

- Many Years' Industry Experience: With over 30 years of experience in trading and a focus on quantitative research, DRW brings a wealth of knowledge and expertise to the table. Their seasoned approach to identifying opportunities in global financial markets can be advantageous for counterparties.

- Liquidity Provider: As a liquidity provider, DRW can help ensure there are buyers and sellers for various financial instruments. This can lead to tighter spreads and better execution for clients who need to buy or sell assets quickly.

- Diversified Product Offering: DRW offers a range of products, including equities, fixed income, commodities, and currencies. This diverse product offering allows clients to explore different markets and diversify their portfolios.

Cons of DRW:

- Operates Without Valid Regulation: One of the significant drawbacks of DRW is that it operates without valid regulation. This means that clients may face additional risks related to transparency, investor protection, and dispute resolution. It's crucial to carefully consider these risks before engaging with an unregulated entity.

Reports of Withdrawal Issues: Some reports suggest that customers have experienced difficulties when trying to withdraw funds from DRW. This can be concerning, as it raises questions about the ease of accessing funds and the firm's financial stability.

- Unclear Trading Conditions: Information about DRW's trading conditions, such as account types, funding methods, and trading platforms, may be unclear. This lack of transparency can make it challenging for potential clients to evaluate whether DRW's offerings align with their specific needs.

Is DRW Safe or Scam?

Investing with DRW carries a degree of risk due to its current lack of valid regulation. This means that there is no oversight from government or financial authorities to monitor their operations and ensure compliance with industry standards.

Without regulatory oversight, there may be a higher likelihood of encountering fraudulent or unethical practices. Additionally, the absence of regulation means that investor protections, such as compensation schemes or dispute resolution mechanisms, may not be in place.

Products & Services

DRW is offers a range of products and services in various markets, including traditional and innovative ones. Their expertise encompasses the following areas:

- Exchange Traded Funds (ETFs): DRW provides liquidity and market-making services for ETFs. These investment funds are traded on stock exchanges and aim to track the performance of specific indexes or sectors.

- Cryptoassets: DRW is involved in the trading and market-making of cryptocurrencies and other digital assets. They leverage their expertise in blockchain technology and digital currencies to provide liquidity in this rapidly evolving market.

- Energy: DRW is actively engaged in energy trading and market-making. This includes trading in various energy commodities such as oil, natural gas, power, and renewables. They have extensive knowledge and experience in the energy sector.

- Fixed Income, Currencies & Commodities: DRW offers liquidity provision and market-making services in the realm of fixed income, currencies, and commodities. This includes trading in government bonds, currencies, interest rate products, and commodities such as metals and agricultural products.

Products & Services

User Exposure on WikiFX

Reports of customers being unable to withdraw funds from our website have been observed. We strongly advise traders to thoroughly examine the provided information and carefully evaluate the risks involved in trading on an unregulated platform. Prior to engaging in any trading activities. In the event that you come across deceitful brokers or if you have personally experienced any fraudulent activities, we kindly request that you inform us through the Exposure section.

User Exposure on WikiFX

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

City Address Phone Number
Chicago 540 W Madison St, Suite 2500 +1 312 542 1000
Amsterdam Locatellikade 1, Floor 7, 1076 AZ +31 2 0399 8330
Austin 300 W 6th Street, Suite 2300 +1 512 807 5000
Greenwich 1 Greenwich Plaza, Suite 122 +1 203 930 3440
Hong Kong Unit 1525-26,15/F, AIA Central N/A
Houston 1500 Post Oak Blvd, Suite 1625 +1 713 814 3030
London The Leadenhall Building, 36th Floor +44 207 282 1000
Montréal 1360 Boulevard René-Lévesque Ouest +1 514 940 4040
New York 225 Liberty Street, Suite 4201 +1 212 313 3921
Singapore 8 Marina View, Asia Square Tower 1 +65 6653 8500
Tel Aviv Mixer Park, 101 Rokach Blvd. N/A

Moreover, clients could get in touch with this broker through the social media, such as Twitter, Instagram, YouTube and Linkedin.

contact details

DRW offers online messaging as part of their trading platform. Online messaging can be a convenient way to get real-time assistance or to engage in discussions with fellow traders.

Contact Form

Conclusion

In conclusion, DRW has a long history and a diverse product offering. It has over 30 years of experience across various asset classes and is a liquidity provider. However, they operate without valid regulation and have reports of withdrawal issues that raise concerns about the safety and reliability of their services.

Frequently Asked Questions (FAQs)

Q 1: Is DRW regulated by any financial authority?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at DRW?
A 2: You can contact via phone, online messaging, Twitter, Instagram, YouTube and Linkedin.
Q 3: What services and products DRW provides?
A 3: It provides exchange Traded Funds (ETFs), cryptoassets, energy, fixed Income, currencies & commodities.
Q 4: Do I take risks to trade with DRW?
A 4: Yes. DRW operates without valid regulation, and there have been reports of withdrawal issues. These factors may raise concerns about the safety of trading with DRW.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Review 4

4 Comments
Write a comment
All(4) Latest Neutral(2) Exposure(2)
No more
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com