Score
Daxkapital
Luxembourg|2-5 years| https://daxkapital.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Luxembourg
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Daxkapital also viewed..
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Website
daxkapital.com
Server Location
United States
Website Domain Name
daxkapital.com
Server IP
104.21.30.45
Company Summary
Note: Daxkapital's official website: https://daxkapital.com/ is currently inaccessible normally.
| Daxkapital Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Luxembourg |
| Regulation | Not regulated |
| Market Instruments | forex, commodities, indices, stocks, crypto |
| Demo Account | ❌ |
| Leverage | Not mentioned |
| Spread | start from 0.1 pips |
| Trading Platform | Web based trading platform |
| Min Deposit | Not mentioned |
| Customer Support | Phone: +49 331 879 05821 |
| Email: support@daxkapital.com | |
| Physical Address: 5 Heienhaff, 1736 Sennengerbierg, Luxembourg | |
Daxkapital is a Luxembourg registered broker that lacks legal regulatory license. Daxkapital offers five types of market instruments. However, since Daxkapital's website is inaccessible, details concerning its market instruments and trading fees are unavailable.
Pros and Cons
| Pros | Cons |
| Multiple trading choices | No Legal regulation |
| No info on trading fees | |
| Unavailable website | |
| Lack of transparency | |
| No demo accounts | |
| No reliable trading platform |
Is Daxkapital Legit?
Daxkapital is not regulated by any legal institution. In addition, Daxkapital has been listed as a scam by the Luxembourg Financial Industry Regulatory Commission (CSSF). You can refer to the warning issued by CSSF in the image provided below. Therefore, you'd better avoid it and choose a legal broker.
What Can I Trade on Daxkapital?
Daxkapital claims to offer five types of tradable instruments. However, since its website is currently inaccessible, specific information about these instruments is unavailable. In addition, trading with such an unregulated offshore broker poses high risks, and there is no guarantee of making any profits.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| Mutual Fund | ❌ |
| Futures | ❌ |
Fees
Daxkapital charges inactive fees, which are relatively high. If there is no trading activity for 6 months, the account will be frozen, and a 10% fee will be charged from the account every month.
Trading Platform
Daxkapital claims to provide a proprietary web-based platform with only basic functions. However, using the platform is also relatively difficult, and even some basic indicators are unavailable. Therefore, you are advised to choose brokers that have legal permission to use reputable platforms like MT4/5 or cTrader.
| Trading Platform | Supported | Available Devices |
| MT5 | ❌ | / |
| MT4 | ❌ | / |
| cTrader | ❌ | / |
| Proprietary platform | ✔ | Computer |
Deposit and Withdrawal
DaxKapital claims to support payment via cards, wire transfers, AstroPay, Bitcoin, and Skrill.
However, DaxKapital is not only unregulated, but also charges considerable withdrawal fees: $100 for credit/debit cards, $250 for wire transfers, and an additional 10% withdrawal fee for all accounts whose transaction amount does not exceed a certain threshold.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
News WikiFX report: DaxKapital Review: DaxKapital.com Another Scam to Stay Away From!
DaxKapital is an investment firm that preys on inexperienced traders in order to defraud them. The company is a shady Ponzi scheme to be avoided at all costs. The platform is secretive, and it lacks the required information to establish confidence with investors.
2022-04-18 15:31
News WikiFX report: Dax Kapital Warning
Have there been any Dax Kapital warnings issued by authorities? Are there any scam reports about Dax Kapital? If the broker engages in any unethical behavior, the authorities and regulators may issue a warning to traders and investors. Due to the warnings, the brokerage business may also be required to pay the fine. The type of the warning reveals a lot about the quality of the broker's services and trading alternatives. Typically, the corporation will keep the warning facts private, and the general public will not have access to them. You may come across a lot of alarming stuff if you search for Dax Kapital warnings on mainstream networks and websites.
2022-04-18 15:24
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