Daxiron is a multi-asset brokerage firm that provides a global clientele with straightforward access to the various financial markets, including forex, commodities, stocks, indices, and CFDs. They provide traders with the MT4 trading platform, which is available in desktop, web, and mobile versions. Their traders are supplied with a range of educational resources, trading tools, and a responsive customer support team.
Pros / Cons
- Advanced trading platform
- Useful trading tools
- Educational resources
- Multiple financial instruments
- Various trading account options
- Unregulated broker
- No USA clients
- Minimum $250 deposit
- Offshore brokerage firm
In this detailed Daxiron review, our online broker research team has covered some of the most critical aspects for you to consider when choosing the best broker for your online trading needs.
Headquartered in Rosseau, Dominica, Daxiron is an online brokerage firm that provides traders with unhindered access to the global financial markets. They allow traders to buy and sell various financial instruments using the popular MT4 trading platform. Their clients benefit from a range of competitive trading conditions, such as multiple account types, different secure payment methods, negative balance protection, and more. The minimum deposit required to start trading is $250.
While Daxiron claims to be compliant with all regulations, there is no regulatory information on the broker’s website. Lack of regulation could debar prospective clients from opening an account with the broker as the safety of their invested funds.
Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
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Daxiron does not offer its service to clients of the United States and other regions where their services would be contrary to local laws and regulations.
Some Daxiron features and products mentioned within this Daxiron review may not be available to traders from certain countries because of legal restrictions.
At Daxiron, all trading activities are carried out using the MT4 trading platform. It is an advanced trading platform that was developed in 2005 by MetaQuotes, a Russian software company. The MT4 has grown significantly to become one of the choicest trading platforms among forex and CFD traders. The platform is replete with various exciting features and extended functionalities, such as trading signals, real-time quotes, advanced charting, online streaming news, one-click trading, and more. Daxiron’s clients can trade multiple financial instruments with ease on the MT4 trading platform.
The MT4 trading platform is available as a desktop application for Windows and Mac computers, a web trader that runs directly on modern web browsers, and a mobile app that is compatible with Android and iOS devices. The mobile app is best suited for traders who wish to access their trading accounts while on the go, as long as there is an internet connection.
Daxiron Trading Tools
In addition to the built-in tools of the MT4 trading platform, Daxiron provides traders with various standalone trading tools that are designed to help traders get the most out of their trades. These helpful trading tools include a dedicated account manager, technical indicators, and an economic calendar showing the schedule of future market events and their expected impacts on the financial markets.
The broker provides traders with a good selection of educational resources to help them make knowledgeable trading decisions. The available educational resources include the following: learning articles, trading courses, trading glossary, and a comprehensive FAQ section that answers some of the clients’ most common questions.
The following trading instruments are available at Daxiron: forex, indices, commodities, stocks, and CFDs.
Daxiron Accounts & Fees
There is a choice of three live trading account options — Standard, Premium, and VIP accounts — at Daxiron. The minimum deposit required to start trading is $250. There is a demo account that is designed specifically for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Daxiron review. It is imperative to ensure that you check and understand all of the latest information before you open a Daxiron broker account for online trading.
The broker offers a knowledgeable client support team who are available 24/5 to respond to clients’ general, technical, and account-related inquiries. The support team can be reached via the following contact channels: telephone, email, online form, Live Chat, and more.
Daxiron Deposit & Withdrawal
Daxiron clients are allowed to deposit and withdraw funds to and from their trading accounts using any of the following payment methods:
- Bank transfer
- Credit/debit cards, such as MasterCard, Visa, and more
- Electronic payment processors, such as Neteller and Skrill
Please note that the time taken to process transactions may vary, depending on the payment method in use.
Daxiron Account Opening
It is easy to open a live trading account with Daxiron: click on the “Sign Up” button at the broker’s website’s top right corner.
It is imperative to ensure that when you are going through a broker application, you read all of the broker’s terms, conditions and policies. Only proceed if you fully understand and agree to them.
Daxiron is an online financial services provider that operates from Dominica. The retail broker provides traders with the intuitive MT4 trading platform for trading various financial instruments across different asset classes. The broker offers a plethora of educational resources, helpful trading tools, and the services of a responsive client support team. Traders benefit from various competitive trading conditions to help them get the most out of their trades. The broker is not regulated by any known financial authority at the moment. The minimum deposit required to start trading is $250.
Forex and CFDs are leveraged products and involve a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary.