REVIEWS

Regulation and License	None
HQ	Unknown
The founding year	2022
Leverage range	-
Minimum deposit	€200
Platforms	WebTrader
Tradable Instruments	Shares, forex, commodities, indices, cryptocurrencies
Demo account	No
Base Currencies	EUR GBP USD AUD NZD CHF CAD
Customer support	Yes (English)
Active clients	-
Publicly traded	No
Crypto	Yes
Website	https://definitearea.com/

Pros and Cons of Definite Area

Pros	Cons
Allows crypto trading	No demo account
Provides access to a wider range of tradable assets	Unregulated, unlicensed broker
Segregates clients’ funds	Mobile trading is not available
24/5 customer support	Islamic account not available
Provides bonuses	Provides no information about headquarters and broker-owners

Definite Area in a Flash

Definite Area is relatively new forex, and CFD broker launched in early 2022. The broker offers a good selection of trading instruments across the major financial markets. Clients can trade crypto, stocks, currencies, indices, and commodities. While the primary role of brokers is to provide access to financial markets, Definite Area appears to focus on providing personalized investment plans for each trader to help them achieve their objectives.

Definite Area provides its proprietary trading platform, which is only accessible through web browsers. There is no software to download or install. However, traders looking for a mobile trading app to check their accounts on the go might be disappointed. A wide variety of live accounts are available to suit the needs of different traders. These accounts differ in terms of the features a trader can access, for instance, the number of insured trades, the level of educational courses, the availability of daily trading signals, the level of customer service, etc.

Definite Area falls behind with its limited free research and free educational content. The Education section of the broker's website had only a glossary of common trading terms and an explanation of technical and fundamental analysis at the time of writing this Definite Area Review. 

Definite Area is also unlicensed and anonymous. There is no information about the company or its founders on the broker’s website.

Do some of these cons raise eyebrows, or is Definite Area a legit broker? This Definite Area review covers all the crucial details about the broker, allowing traders to rate the broker and make their verdict quickly.

Definite Area Safety Review

While getting scammed or having a bad trading experience with a licensed and regulated broker is possible, licensing helps build trust and reliability in the industry. Brokers regulated by tier-1 regulators, such as the Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA), typically have a higher trust score than those regulated by tier-3 or none at all. Definite Area is not licensed in any country around the world.

Definite Area takes steps to keep client funds separate from corporate funds. Because these funds are held in separate accounts, clients can still access their assets if Definite Area becomes insolvent.

Forex trading risk disclaimer: Due to leverage, trading complex financial instruments like CFDs is a double-edged sword. While leverage raises your potential profits, it also increases your risk of losing money quickly.

Definite Area Fees

Forex brokers rarely publish their average trading and non-trading fees. With Definite Area, clients pay the following non-trading fees.

• Account inactivity fees: These fees are charged if there’s no activity in a client’s account (deposits, withdrawals, trading, etc.) after a certain amount of time, which the broker doesn't specify.
• Withdrawal commissions are fees when clients withdraw funds from their trading accounts.

Definite Area does not disclose the exact amount charged in inactivity fees and withdrawal commissions.

Definite Area Spread Overview

Definite Area does not disclose its average spread fee structure for various financial instruments. However, traders can view the spread rates for the assets they wish to trade before placing an order on the broker’s terminal. Below is an overview of the spread rates for various assets at the time of writing this Definite Area review.

Assets	Pips Value (Spread)	Required Margin
Major currency pair EUR/USD	€ 0.1	€ 1,000
Commodities, corn	€ 0.01	€ 627.53
Stocks, TSLA	€ 0.01	€ 903.99
Indices like SP500	€ 0.01	€ 4,223.93
Crypto, BTC/USD	€ 0.01	€ 21,330
ETFs, GLD	€ 0.01	€ 163.13

Definite Area Swap Rates

According to the broker's terms and conditions, the swap rates for positions that remain open after the expiry of a trading session are fixed. However, the exact amount of the fixed-rate swap fee is undisclosed.

Definite Area Deposit and Withdrawal

According to the broker's website, deposit processing times are determined by the client's financial services provider. On the other hand, withdrawals can take anywhere from one to seven days.

Deposit and Withdrawal Methods

Clients can deposit and withdraw funds from Definite Area using any of the following payment methods.

• Prepaid cards/Credit/debit cards
• Bank wire transfer
• Cryptocurrency

Only the account holder can withdraw the funds. The company may also permit a trader to withdraw funds using a payment method that differs from those previously used by a client.

Minimum and Maximum Deposit and Withdrawal

Definite Area's initial minimum deposit is €200. There are no minimum or maximum withdrawal limits mentioned. However, clients are charged unspecified withdrawal fees.

Definite Area Tradable Markets and Products

Definite Area offers CFDs across various popular asset classes, including cryptocurrencies, commodities, forex, and ETFs. Below is an overview of Definite Area’s asset offerings.

Asset Class	Total	Examples
Currency pairs	50+	EURUSD, GBPUSD, AUDCAD, USDJPY, AUDCHF
Indices	19	NASDAQ, SP500, CAC40, DAX30
Individual stocks	30+	LMT, TSLA, META, LYFT
Commodities	17	Wheat, sugar, rice, soybean
ETFs	12	LIT, SPY, GLD
Crypto	90+	BTCUSD, ONEUSD, LTCUSD
Cannabis	9	ABBV, APH, SMG

Definite Area Leverage Offered

The amount of leverage allowed to any client depends on the type of account they hold.

Definite Area Trading Platforms and Tools

Definite Area is a Webtrader-only broker. Traders can only access the trading terminal via web browsers like Chrome, Safari, Internet Explorer, Brave, etc. Clients don’t have to download or install any software to start trading. On the flip side, anyone who prefers to have a mobile trading app that they can access on the go is left out. The trading platform has a user-friendly interface and various standard trading features, such as drawing tools and charting indicators.

Definite Area Account Types

Definite Area has seven different account types, each with a different minimum deposit, number of insured trades, educational courses, leverage, trading signals, and other features. According to the broker's website, the following are the features that come with each account.

Standard Account

• Standard leverage (no specifications provided)
• Personal account assistant

Bronze Account

• Bonuses
• Beginner-level educational course
• Personal financial assistant
• Bronze leverage
• One insured trade

Silver Account

• Bonuses
• Four insured trades
• Company financing
• Silver leverage
• Personal financial assistant
• Investment strategy
• Standard level educational course

Gold Account

• Bonuses
• Eight insured trades
• Senior financial assistant
• Company financing
• Gold leverage
• Advanced-level educational course
• Investment strategy

Platinum Account

• Bonuses
• Trading signals
• Company financing
• Advanced investment strategy
• Platinum leverage
• 16 insured trades
• Mutual investment programs
• Economic events and current trends updates
• Order notifications
• Senior financial assistant

Pro Account

• Premium bonuses
• Company financing
• Pro leverage
• Daily trading signals
• Economic events and current trends updates
• Premium customer care
• Order notifications
• Mutual investment programs
• Exclusive programs
• Premium investment strategy

VIP Account

There are no specific features listed for this account. Clients interested in buying the VIP account should contact Definite Area's customer support for details.

Definite Area Account Registration

Signing up with Definite Area is quite simple. Here are the steps required.

1. Visit the official broker's website.
2. Click the 'Open account' button on the top right corner of the website.
3. Fill in all the required details. (First name, last name, country, phone, email, and password.)
4. Check the boxes for age confirmation and terms and conditions.
5. Click the signup button.

Definite Area Customer Support

Traders can contact Definite Area’s customer support via live chat, phone, or email. The contact details are:

• Phone: +442035355844, +3197010282402
• Email This email address is being protected from spambots. You need JavaScript enabled to view it.

The live chat is only accessible when logged in to an account.

Research Tools Offered by Definite Area

When it comes to free research materials, Definite Area lags. The broker's website lacks any research materials, such as daily market analysis in the form of detailed blog articles or videos.

Educational Tools Offered by Definite Area

Definite Area's website lacks high-quality free educational content. The only free educational content available on the broker's website is a glossary of common terms in forex and CFD trading and an explanation of technical and fundamental analysis. Most brokers provide educational content in the form of articles, videos, current and archived webinars, etc.

However, Definite Area promises to offer educational courses at various levels through some of its accounts.

Definite Area Review Final Thoughts

Definite Area has a long way to go in establishing trust in the online trading industry. The broker is anonymous, unregulated, and doesn't disclose its current number of active users. 

However, traders can access a good range of tradable assets via the broker's web-based trading platform. All accounts come with a financial assistant who helps create an investment strategy for the trader. However, traders should proceed with caution when using such experts because they may not have the interests of their clients at heart. While most of the account's features are straightforward, others are not. For instance, what does standard or bronze leverage mean?

Definite Area FAQs

Does Definite Area offer negative balance protection?

The Definite Area website and terms and conditions document do not mention negative balance protection. This can only mean that the broker doesn't provide negative balance protection.

Does Definite Area provide a demo account?

No. Definite Area doesn't provide a demo account. Traders can only access seven types of live trading accounts.

How can I contact Definite Area's customer support?

You can contact Definite Area's customer support team by emailing This email address is being protected from spambots. You need JavaScript enabled to view it. or calling +442035355844 or 3197010282402. You can contact them via the live chat feature if you have an active account.

Is Definite Area a scam?

Definite Area is an unregulated and anonymous broker established in early 2022. There's no evidence that Definite Area is a scam, but traders should exercise caution when trading with unlicensed and anonymous brokers.

Where is Definite Area located?

Definite Area doesn't provide its headquarters address or any other information about the company.

How can I withdraw funds from Definite Area?

Definite Area's clients can withdraw funds through prepaid cards, credit cards, and crypto. At its discretion, Definite Area allows clients to withdraw funds through payment methods they haven't used to deposit money in their trading accounts before.

Does Definite Area offer an Islamic account?

Definite Area doesn't offer an Islamic account.

What is the minimum deposit for Definite Area?

The minimum deposit for Definite Area is 200 euros.

Does Definite Area provide a mobile trading app?

Definite Area doesn't have a mobile trading app or a desktop-based trading platform. The broker's terminal is only accessible through web browsers.

Does Definite Area require account verification?

Yes. After creating an account with Definite Area, you must submit verification documents. These documents include proof of identity (ID, passport, or driver's license) and proof of address documents (bank statement, bills, etc.).

Does Definite Area offer promotions and bonuses?

Yes. Definite Area provides promotions and bonuses to its clients except those with the standard account.