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Score
Luxembourg
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Score
Regulatory Index0.00
Business Index6.64
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
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Company Name
Daxkapital
Company Abbreviation
Daxkapital
Platform registered country and region
Luxembourg
Company website
Company summary
Pyramid scheme complaint
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Note: Daxkapital's official website: https://daxkapital.com/ is currently inaccessible normally.
Daxkapital Review Summary | |
Founded | 2024 |
Registered Country/Region | Luxembourg |
Regulation | Not regulated |
Market Instruments | forex, commodities, indices, stocks, crypto |
Demo Account | ❌ |
Leverage | Not mentioned |
Spread | start from 0.1 pips |
Trading Platform | Web based trading platform |
Min Deposit | Not mentioned |
Customer Support | Phone: +49 331 879 05821 |
Email: support@daxkapital.com | |
Physical Address: 5 Heienhaff, 1736 Sennengerbierg, Luxembourg |
Daxkapital is a Luxembourg registered broker that lacks legal regulatory license. Daxkapital offers five types of market instruments. However, since Daxkapital's website is inaccessible, details concerning its market instruments and trading fees are unavailable.
Pros | Cons |
Multiple trading choices | No Legal regulation |
No info on trading fees | |
Unavailable website | |
Lack of transparency | |
No demo accounts | |
No reliable trading platform |
Daxkapital is not regulated by any legal institution. In addition, Daxkapital has been listed as a scam by the Luxembourg Financial Industry Regulatory Commission (CSSF). You can refer to the warning issued by CSSF in the image provided below. Therefore, you'd better avoid it and choose a legal broker.
Daxkapital claims to offer five types of tradable instruments. However, since its website is currently inaccessible, specific information about these instruments is unavailable. In addition, trading with such an unregulated offshore broker poses high risks, and there is no guarantee of making any profits.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
Stocks | ✔ |
Mutual Fund | ❌ |
Futures | ❌ |
Daxkapital charges inactive fees, which are relatively high. If there is no trading activity for 6 months, the account will be frozen, and a 10% fee will be charged from the account every month.
Daxkapital claims to provide a proprietary web-based platform with only basic functions. However, using the platform is also relatively difficult, and even some basic indicators are unavailable. Therefore, you are advised to choose brokers that have legal permission to use reputable platforms like MT4/5 or cTrader.
Trading Platform | Supported | Available Devices |
MT5 | ❌ | / |
MT4 | ❌ | / |
cTrader | ❌ | / |
Proprietary platform | ✔ | Computer |
DaxKapital claims to support payment via cards, wire transfers, AstroPay, Bitcoin, and Skrill.
However, DaxKapital is not only unregulated, but also charges considerable withdrawal fees: $100 for credit/debit cards, $250 for wire transfers, and an additional 10% withdrawal fee for all accounts whose transaction amount does not exceed a certain threshold.
DaxKapital is an investment firm that preys on inexperienced traders in order to defraud them. The company is a shady Ponzi scheme to be avoided at all costs. The platform is secretive, and it lacks the required information to establish confidence with investors.
Have there been any Dax Kapital warnings issued by authorities? Are there any scam reports about Dax Kapital? If the broker engages in any unethical behavior, the authorities and regulators may issue a warning to traders and investors. Due to the warnings, the brokerage business may also be required to pay the fine. The type of the warning reveals a lot about the quality of the broker's services and trading alternatives. Typically, the corporation will keep the warning facts private, and the general public will not have access to them. You may come across a lot of alarming stuff if you search for Dax Kapital warnings on mainstream networks and websites.
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