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TradeDax review

TradeDax review: regulation (No), minimum deposit 100, leverage up to 1:500, platforms and current bonuses. TradeDax online trading broker and has been…

TradeDax logo
Minimum deposit100
Max. leverage1:500
Spread from0.1 Pips
Broker typeYes
Founded2018
CountryAustralia
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Trading conditions

Broker type
Yes
Minimum deposit
100
Maximum leverage
1:500
Minimum spread
0.1 Pips
Platforms
MetaTrader 4
Account currencies
USD, EUR, GBP and More

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Bank Transfer, Visa, MasterCard, Skrill, Fasapay, China Union Pay
Withdrawal methods
Bank Transfer, Visa, MasterCard, Skrill, Fasapay, China Union Pay

Company

Regulation
No
Founded
2018
Country
Australia
Website languages
English
Phone
+49 6915 3200 805

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About TradeDax

TradeDax online trading broker and has been carrying out the activity for a long duration.

TradeDax pros and cons

Pros

  • Regulated by No
  • Low minimum deposit: 100
  • Raw spreads from 0.1 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

TradeDax FAQ

Is TradeDax a safe and regulated broker?

TradeDax was founded in 2018 and is regulated by No. Client funds are held in segregated accounts. Your protection depends on which TradeDax entity opens your account.

What is the minimum deposit at TradeDax?

The minimum deposit at TradeDax is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at TradeDax?

TradeDax offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does TradeDax offer a no deposit bonus?

No. TradeDax does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does TradeDax offer?

TradeDax supports MetaTrader 4. Mobile trading is available.

Does TradeDax allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does TradeDax offer an Islamic (swap-free) account?

Yes. TradeDax offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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TradeDax at a glance

  • Reader rating4 / 5 (3 votes)
  • RegulationNo
  • PlatformsMetaTrader 4
  • Account currenciesUSD, EUR, GBP and More
  • LanguagesEnglish
  • Phone+49 6915 3200 805
  • FaxNo
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