Daxbase

Daxbase Review: Is Daxbase Broker Good?

Broker overview and general information

Daxbase is a trading platform headquartered in the Marshall Islands that has been operating as an unregulated entity for the past 5 to 10 years. The platform offers a wide range of trading instruments, including Forex, CFDs and cryptocurrencies, making it a versatile option for traders. With a variety of account types, starting with a minimum deposit of only $250 and a maximum leverage of 1:100, it caters to traders with different risk preferences and capital sizes.

Broker Licensing and Regulation

If you ask whether Daxbase broker is good or not, you have to start by considering the license and regulation first. There is no license and regulation of this broker.

Trading products and services

Trading products

This broker offers three main types of trading products: Forex, Contracts for Difference (CFDs), and Cryptocurrencies.

1. Forex (Foreign Exchange Trading): You can trade different currency pairs in the Forex market.

2. CFDs (Contracts for Difference): Offers CFDs on multiple assets such as stocks, commodities and market indices.

3. Cryptocurrencies: Over 15 cryptocurrencies are available for trading, including Bitcoin, Ethereum, Litecoin, and other Altcoins.

Trading Platform

The main trading platforms supported by the broker are:Web TraderandMobile Trading AppWithout the need to download additional software, users can start trading directly on the website after registering and funding their account.

Daxbase Review: Account Types

The broker offers three different account types: Bronze, Silver and Gold. Each account comes with a range of features.

Bronze

• Support live video chat 24 hours a day

• Withdraw money in 1 hour

• Demo Account

• Minimum deposit $250

Silver 

• Support live video chat 24 hours a day

• Withdraw money in 1 hour

• Demo Account

• Masterclass (web session)

• Minimum deposit $1,000

Gold 

• Support live video chat 24 hours a day

• Withdraw money in 1 hour

• Demo Account

• Masterclass (web session)

• Personal Success Manager

• Minimum deposit $3,000

Daxbase Bonuses and Promotions

• First deposit $250 get bonus +20% 

• First deposit $500 get +50% bonus 

• First deposit $3,000 get +100% bonus 

Deposit and Withdrawal Review

Deposit-Withdrawal Channels

Customer Support and Service

There are customer service channels available in multiple languages and countries. You can contact us via the following phone numbers:

1. English: +1-829-9476391

2. Russian language: +7-499-3806317

3. Chinese: 3-395-0396

4. Thai language: 02-21345671

5. Singapore: 965-65425142

6. Australia: +61-8-5550-7288

Or you can choose to contact support via the website.https://daxbase.com/en/contacts

Summary: Is Daxbase Broker Review Good?

Daxbase is an online trading broker that focuses on easy accessibility and tools for copy trading. However, there are some important disadvantages that should be considered before using it, especially in terms of security and reliability. Due to the lack of regulation from a reliable authority, users may not be confident in the safety of their investments. In addition, there is no guarantee of withdrawal time, so investors may experience delays in receiving their money.

Although there are copy trading systems to help investors, copy trading cannot prevent mistakes and users may still encounter risks from other people's investments. In addition, there are deposit and withdrawal fees that may increase trading costs. Most importantly, the minimum deposit is quite high when compared to other brokers in the market. Investors should consider carefully before choosing to use the service.

Frequently asked questions about Daxbase 

1. Is Daxbase a pirated broker?

It is an offshore broker, which means that it is not subject to strict regulatory oversight as found in larger countries. Although being an offshore broker does not necessarily mean that it is a scam, extra caution should be exercised when choosing to work with this type of broker. It is important to do your due diligence and choose a broker that is reliable and regulated by a trusted authority for your safety.

2. What is the minimum deposit?

A minimum deposit of 250 USD is required (trading account can be held in USD, EUR).

3. What deposit and withdrawal methods are supported?

Via debit and credit cards, Perfectmoney, Cryptos

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