DaxGlobe is the new name for the former company Daxiron. They are an offshore / unlicensed Crypto & Forex CFD Broker, that originally opened on April 5th 2021. Their old website is no longer accessible, and their new operation is at: https://www.daxglobe.com/. Basically, this a classic scam, and stay far away from them.
If you are having problems making a withdrawal, Read This.
DaxGlobe Broker Review
DaxGlobe offers day traders & new investors the basic web-based trading platform made by PandaTS. This web based trading software is used by many white label brokers, because it is easy to use, and it integrates with get rich quick funnels.
It is made for newbie Crypto investors, who don’t want to take the time to learn a professional trading software like MetaTrader4. You will not find any mobile trading apps at this broker, but they say that they offer the MT4 trading platform.
We can see that they are offering CFD trading on many underlying assets including; Forex, Commodities, Crypto, Individual Shares and Market Indexes. Leverage / margin rates on Forex is 100:1 and on Crypto 1:1. Minimum deposit requirement for a new trading account is $250, and the minimum withdrawal is $50.
Crypto Trading Scams
99% of investors just like you, were directed to this broker DaxGlobe from a Get Rich Quick trading app like Bitcoin Buyer or Bitcoin Code. These trading apps don’t actually exists, and they are actually just a fake ad, for you to signup with a broker.
You can learn about other peoples complaints and their withdrawal problems by reading this article.
Is DaxGlobe a Legit Broker?
No, Daxiron and DaxGlobe are not licensed and they are not regulated. All online brokers must be regulated and licensed in the country they operate, for example; ASIC in Australia or the FCA in the United Kingdom. 6 months after this review was published, the FCA released their own warning, see here.
The brokers website was at: https://www.Daxiron.com. They are owned and operated by: Synnfrey Sol Ltd, and located at: 8 Copthall, Roseau Valley, 00152, Commonwealth of Dominica. You can try contacting this broker via phone: +442038857539, or via email at: [email protected].
Although this broker lists a phone number in the UK, they are not regulated by the FCA. The FCA warned investors not to invest with this broker, see warning. Their legal department listed a phone number of +230 2103757 (Mauritius).
The way that Scam Broker Investigator reviews a new Forex broker to see if they are legitimate or a scam, is by checking for a valid license. Before investing your money, read some real reviews of licensed brokers.
Best Online Brokers
An intelligent person like yourself, should test out a few licensed CFD brokers, before choosing the best brokerage firm for your trading style.
ForTrade is a popular broker, since they are regulated in Canada, United Kingdom and Australia, see here.
Try a Free Demo of their amazing trading app, signup here.
If you had investments at Daxiron or DaxGlobe, please share your experience with other investors, in the comments section below.