Daxbase Forex Review

Read our full Daxbase review to get exact details about their safety, accounts, spreads, platforms, assets, support, and many more. Our unbiased Daxbase opinion allows our readers to decide whether Daxbase is a reliable broker.

Daxbase Forex Broker History

The broker is not overseen by any authority and is based in the Marshall Islands, which is offshore. There is very limited information available on its website regarding its services like spreads, commissions, and so on.

Daxbase broker safety

Daxbase Broker Review of Accounts

Daxbase offers access to several accounts, which are tiered according to the minimum deposit requirement. There are Daxbase bronze, silver, and gold account types available and the broker fails to provide any details regarding the exact trading conditions.

The Daxbase Bronze trading account offers the following:

• Minimum deposit – $250
• Maximum leverage – 100:1
• Spreads – N/A
• Commissions – N/A
• Minimum lot size – N/A
• Payouts – N/A

The Daxbase Silver trading account offers the following:

• Minimum deposit – From $1,000
• Maximum leverage – 100:1
• Spreads – N/A
• Commissions – N/A
• Minimum lot size – N/A
• Payouts – N/A

The Daxbase Gold trading account offers the following:

• Minimum deposit – From $3,000
• Maximum leverage – 100:1
• Spreads – N/A
• Commissions – N/A
• Minimum lot size – N/A
• Payouts – N/A

Overall, the Daxbase trading account experience is subpar: it has high minimum deposit requirements and does not disclose spreads and commissions transparently, which is a significant concern.

Daxbase instruments

Daxbase Reviews of Trading Platforms

Daxbase fails to provide an advanced trading environment. The broker does not offer access to any of the advanced platforms like MT4 and 5.Chart types and default indicators list as well as other tools are very limited and do not provide proper technical analysis capabilities.

Mobile trading is not available as well and traders have to browse the broker’s website from their mobile devices which is very inconvenient.

Daxbase Forex Review of Extra Features

Daxbase is very limited when it comes to extra features. The broker only offers bonuses with strict conditions and there are also copy trading services available. There are three bonuses provided depending on the deposited amounts. A 20% bonus is given for deposits of 250 USD amounts, 500 USD deposits will provide 50%, and if a trader deposits 3,00 dollars, they get a 100% bonus. So, bonuses are given according to account tiers, the higher your trading account, the higher the receivable bonus.

Daxbase Reviews of Customer Support

Customer support experience is very satisfactory at Daxbase as the broker provides several support channels including email, live chat, and phone number.Both the website and support options are multilingual. The website is unprofessional, however, providing little to no details about the broker’s services and conditions.

Daxbase Deposit and Withdrawal

Deposit and withdrawals are fee-free and traders can use various payment options such as popular cryptos, bank cards, and PerfectMoney. Bank cards incur 5% fees, while all other o-tons are commission-free.

The broker promises super quick withdrawal processing of under 1 hour, which is very competitive if true.

Daxbase Review Conclusion – Can you trust Daxbase?

FAQs on Daxbase

Is Daxbase a scam?

What is the Daxbase minimum deposit?

The minimum deposit as Daxbase starts from 250 dollars on its Bronze account, which is high.

Is Daxbase a cheap broker?