Score

1.54 /10
Danger

Daxbase

Marshall Islands

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.23

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

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

Regulatory disclosure

Danger

FR AMF
2020-04-16
Blacklists of unauthorized companies and websites: Forex
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Broker Information

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Company Name

DX Base LTD

Company Abbreviation

Daxbase

Platform registered country and region

Marshall Islands

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Daxbase · Company summary
DaxbaseReview Summary
Founded2017-07-03
Registered Country/RegionMarshall Islands
RegulationUnregulated
Market InstrumentsF forex and CDFs
Demo Account
LeverageUp to 1:100
Spread/
Trading Platform/
Min Deposit$250
Customer SupportPhone+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.

Daxbase Information

Pros and Cons

Pros Cons
24/7 customer supportUnregulated
Leverage up to 1:100No more fee information
Withdrawals within 1 hourMT4/MT5 unavailable
Demo account available

Is Daxbase Legit?

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

Is Daxbase Legit?
Is Daxbase Legit?

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
What Can I Trade on Daxbase?

Account Type

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

Account Type BronzeSilverGold
24/7 live video chat support
Withdrawals in 1 hour
Demo account
Account Type

Leverage

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

Leverage

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%.

Deposit and Withdrawal

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 /
Customer Support Options
Customer Support Options

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User comment

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Comments

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FX1367577876
more than one year
Daxbase's website looks simple, but it provides all the necessary information I need. Great website design! I'm going to try it on a demo account. Looking forward to its performance.
Daxbase's website looks simple, but it provides all the necessary information I need. Great website design! I'm going to try it on a demo account. Looking forward to its performance.
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2023-03-09 17:13
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