Daxbase Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-25 15:56

Abstract：Daxbase is a broker engaged in tradable instruments with a maximum leverage of 1:100 including forex and CDFs. The broker also provides demo accounts. The minimum deposit is $250. Daxbase is still risky due to its unregulated status and incomprehensive information.

DaxbaseReview Summary
Founded	2017-07-03
Registered Country/Region	Marshall Islands
Regulation	Unregulated
Market Instruments	F forex and CDFs
Demo Account	✅
Leverage	Up to 1:100
Spread	/
Trading Platform	/
Min Deposit	$250
Customer Support	Phone+1-829-9476391(EN)/+7-499-3806317(RUS)/3-395-0396(CN)/02-21345671(TH)/965-65425142(SGP)/61-8-5550-7288(AUS)
	24/7 live video chat support
	Social Media: Facebook, Instagram, Twitter

Daxbase Information

　　Daxbase is a broker engaged in tradable instruments with a maximum leverage of 1:100 including forex and CDFs. The broker also provides demo accounts. The minimum deposit is $250. Daxbase is still risky due to its unregulated status and incomprehensive information.

Pros and Cons

Pros	Cons
24/7 customer support	Unregulated
Leverage up to 1:100	No more fee information
Withdrawals within 1 hour	MT4/MT5 unavailable
Demo account available

Is Daxbase Legit?

　　Daxbase is not regulated, making it less safe than regulated brokers.

What Can I Trade on Daxbase?

　　Traders can choose different investment directions because the broker provides forex and CDFs.

Tradable Instruments	Supported
Forex	✔
CDFs	✔
Stocks	❌
Cryptocurrencies	❌
Precious Metals	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　Daxbase provides Bronze, Silver, and Gold accounts,and newbies can practice first through a demo account without any real funds.

Account Type	Bronze	Silver	Gold
24/7 live video chat support	✔	✔	✔
Withdrawals in 1 hour	✔	✔	✔
Demo account	✔	✔	✔

Leverage

　　The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.

Deposit and Withdrawal

　　The minimum deposit is $250. Deposits and withdrawals are processed within 1 hour and payment methods without any commission including Bitcoin, Ethereum, Perfect Money, and more. However, VISA charges a transfer fee of 5%.

Customer Support Options

　　Daxbase provides 24/7 live video chat support; traders can followDaxbase through Facebook, Instagram, and Twitter and also contact the broker via phone.

Contact Options	Details
Phone	+1-829-9476391(EN)/+7-499-3806317（RUS)/3-395-0396(CN)/02-21345671(TH)/965-65425142（SGP)/61-8-5550-7288(AUS）
24/7 live video chat support	✔
Social Media	Facebook, Instagram, Twitter
Supported Language	Russian/French/Spanish/English/Thai
Website Language	Russian/French/Spanish/English/Thai
Physical Address	/