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DAX-300 Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-10 12:23

Abstract:Dax-300 is an offshore Forex and CFDs broker. It offers MT4 trading platform with three kinds of live accounts. Demo accounts are also available. But it has no regulation and their website is not available.

  Note: DAX-300' official website: https://www.dax-300.com is currently inaccessible normally.

DAX-300 Review Summary
Founded2017
Registered Country/RegionSaint Vincent and the Grenadines
RegulationUnregulated
Market InstrumentsForex pairs and CFDs on indices, commodities, stocks, and cryptocurrencies
Demo Account✅
Leverage1:400
EUR/ USD SpreadFixed 3 pips
Trading PlatformsMT4
Minimum Deposit€250
Customer SupportPhone, email

  Dax-300 is an offshore Forex and CFDs broker. It offers MT4 trading platform with three kinds of live accounts. Demo accounts are also available. But it has no regulation and the website is not available currently.

Dax-300's homepage

Pros and Cons

ProsCons
MT4 availableRegistered offshore, website similar to XMs
Wide spreads
Not regulated
Inaccessible website

Is DAX-300 Legit?

  It is not safe to trade with DAX-300. St. Vincent and the Grenadines is known for its minimal regulatory requirements. Additionally, the DAX-300 website is currently inactive, indicating that the broker has halted its trading services and is not in operation.

What Can I Trade on DAX-300?

  DAX-300 offers trading in many forex pairs and CFDs – on indices, commodities, stocks, as well as some of the most popular cryptocurrencies.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies✔
Stocks✔
ETFs❌
Bonds❌
Mutual Funds❌

Account Type

  DAX-300 offers the STANDARD, GOLD, and PLATINUM accounts with the minimum deposit of € 250,€ 5, 000 and € 20, 000. Besides, the demo and Islamic accounts are also available.

Leverage

  DAX-300 offers varying leverage options for its trading accounts. The STANDARD account provides a maximum leverage of 1:100. The GOLD account increases leverage to 1:200. Meanwhile, the PLATINUM account features the highest leverage at 1:400.

Trading Platform

  DAX-300 offers MT4. This industry-leading platform is known for its robust capabilities and extensive suite of features, which are designed to help traders execute their strategies with precision and efficiency.

MT4

Deposit and Withdrawal

  DAX-300 accepts Credit/Debit Card, Neteller, Skrill, WebMoney, and Bank Wire Transfer.

Customer Service

  DAX-300 supports phone and email to contact.

Contact OptionsDetails
Phone+44 20 80891542
EmailSUPPORT@DAX-300.COM
Contact Form❌
Online Chat❌
Social Media❌
Supported LanguageEnglish
Website Language❌
Physical AddressC/o Suite 305, Griffith Corporate Centre, Beachmont,Box 1510 Kingstown, St. Vincent and the Grenadines

The Bottom Line

  Overall, Dax-300 is a shady brokerage and is not recommended mainly due to its unregulated status, inaccessible website, and high spread set.

FAQs

  Is DAX-300 safe?

  No. It is not regulated well.

  Is DAX-300 a good for beginners?

  No. Though it offer MT4 and demo accounts, their trading conditions are not safe.

  What security measures does DAX-300 have in place to protect my funds and personal information?

  No.

Related broker

No Regulation
DAX-300
Company name:ELRICS Brothers Limited
Score
1.55
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.55

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