DaxRobot is this a scam? Review and Customers Reviews

DaxRobot – is a system of automatic trading in the Forex and CFD markets. This automated platform generates signals, taking into account a variety of algorithms and systems, recognizing patterns. This allows private traders to identify the right trading signals and apply them to generate income.

Creators daxrobot.com claim that with their Forex trading robot and CFD you can easily make money just sitting at home with a cup of coffee. But is it really as great as the developers of DaxRobot claim? Or it’s another scam? Let’s answer these questions in our detailed review!

 

DaxRobot registration

To register in the system, you need to perform only 3 simple steps:

• Register on the portal daxrobot.com.
• Fund your trading account.
• Use the software to make money.

To activate your account, you need to deposit at least $250. Before you start a new session, read the news. This will allow you to make sure that the pairs you are going to trade in the forex market are stable. We recommend watching training videos and reading articles by successful speculators to increase your chances of winning.

To avoid problems with synchronization, deposit funds into your account immediately after creating an account. Do not count on being able to double or triple the amount in one day. The market situation is constantly changing, and trading robots can not affect it. As far as we know, with an investment of $1,000 successful traders are able to earn about $3,500 a month with DaxRobot.

The 200% income level is very rare on all platforms, including automated systems. Therefore, offers to double or triple income are far from reality. Free registration is done right on the site daxrobot.com. In the registration form you must specify:

• name and surname;
• contact phone number;
• account currency (USD, EUR, BTC, LTC);
• e-mail;
• password;
• broker (only DaxBase is offered, min deposit – $250, min investment – $1).

Then you need to check the box to agree to the terms of cooperation with DaxRobot. After registration, the trading platform will become available, where trades will be automatically placed.

 

Trading platform daxrobot.com

DaxRobot entered the market in 2018, which means it is a new system of automatic forex trading. The creators of the service offer a simple and convenient interface. Even beginners will be able to understand how to work on the DaxRobot platform. Here, no additional fees are required from the project participants. Everyone can start using the service with a minimum deposit.

The platform is available in 8 languages: Russian, English, German, French, Spanish, Chinese, Thai and Arabic. Support service is always in touch with customers. Company managers speak several languages, which is very convenient for users from different countries. Support is available by e-mail and online chat.

However, the company is relatively young, having been on the market for only a couple of years. Therefore, it can be assumed that the information on the portal daxrobot.com is not always accurate on 100%. In addition, DaxRobot cooperates with the only broker DaxBase. The platform can only be integrated with this brokerage company, which severely limits private traders. Daxrobot.com offers 3 types of accounts:

• Bronze – with a trading account $250.
• Silver – with a deposit of $1000 + access to the class of champions.
• Gold – $3000 + appointment of a personal manager.

Despite the fact that DaxRobot cannot boast of top deals, it has a number of features that distinguish the company from its competitors. These are mainly related to automated trading. Daxrobot.com offers users a lot of trading bots. In addition, new bots regularly appear on the platform. Each of them is listed in order based on profitability. If you take a look at the first ten, you will see that their profitability level starts with 97%.

Each bot has certain characteristics. For example, you can choose a bot depending on the market it works with. That is, the client has the right to choose the market according to the cryptocurrency he is interested in – LTC/ USD, BTC/ USD, etc. It is necessary to choose such a bot, which is able to complement the risk levels and trading tactics. The important thing to consider here is that the bot is blocked after testing in a demo environment. But it can be unblocked by funding a real trading account. Features of working with DaxRobot:

• there is no short-term trading;
• Forex trades have no expiration date;
• There are buttons Take-profit and Stop-loss;
• leverage 1:100;
• fast payments, the processing of requests for withdrawal of funds is carried out in just 2 hours.

It takes a lot of time to work with a Forex and CFD robot. It takes hours, sometimes even days, for trades to expire. All you have to do is run the bot and it will place the trades itself. Now all you have to do is wait and monitor the trades to make a profit from time to time or to prevent losses. DaxRobot will place trades by itself, it will automatically set stop loss and take profit. But note that trading EUR/USD does not have Take-profit and Stop-loss (The whole truth about forex).

Dax Robot Signals

All you have to do to enable automatic signals is to log in. DaxRobot has made sure that customers can modify the system according to their preferences. So it has already set up a process to initialize the winning signals. On the left side of the panel we see a list of bots with the percentage of accuracy. So without any problem we can choose the best session depending on the trading strategy chosen.

In addition, the system of Daxrobot.com is set up to prevent too impulsive decisions, in the implementation of which the user may lose the deposit. Unfortunately, some beginners and overly emotional speculators place trading signals without a robot. And it is fraught with the risk of losing large sums of money. It’s better to take your time and protect yourself by choosing the right robot and then just sit back and watch it do the job for you.

 

DaxRobot demo account

Daxrobot.com has a demo account. But the demo session lasts only one minute. And after that, the user is required to deposit $250 into a real trading account. Of course, the time is not enough for a beginner to decide on the choice of a bot. However, experienced exchange players believe that this time is enough, especially since all bots in the list have a percentage of accuracy.

 

Mobile application

On daxrobot.com we did not find any information or links for downloading mobile applications. But the web platform is available to private traders. In fact, the robot itself is a web interface. That is, a DaxRobot client doesn’t need to download anything to access and start using the system for automated trading. You don’t need any mobile applications to trade anytime, anywhere. The main thing is to have stable internet access on your device to trade on the go. Compared to downloading a trading terminal, which can be too cumbersome, web trading will be a very beneficial solution.

 

Bonuses from DaxRobot Forex and CFD trading robot

On the DaxRobot website there is no information about bonus programs, contests or promotions. The company does not offer its clients any “plushies”, it is not in its competence. We recommend to monitor information about bonuses on the portal of the broker-partner daxrobot.com. And, as far as we know, Daxrobot.com cooperates with only one financial company, which is DaxBase.

 

Deposit and withdrawal

You can replenish the deposit and withdraw funds from it using:

• Visa/MasterCard;
• e-wallet WebMoney, QIWI or Yandex.Money;
• Neteller;
• Bitcoin or Litecoin cryptocurrency wallet.

In order to deposit and withdraw your earnings you need to create an account on DaxBase website and make a deposit there. There is no fee for using DaxRobot system services. Each client is limited only by the choice of DaxBase broker and depositing amount of $250. These rules must be followed no matter which bot you choose. Also, please note that you will be charged a 5% fee if you use a bank card.

 

Complaints about DaxRobot

The number of positive reviews shows the quality of the system. We found a lot of good reviews about Daxrobot.com on the Internet. It’s almost impossible to find negative comments (at least we didn’t find any), and users seem to be very happy with this robot. There are even YouTube channels dedicated to DaxRobot. The company’s clients are telling us how this trading robot for Forex and CFDs works and how much they have earned with it. However, it is not without negatives.

We found reviews about daxrobot.com on the net. Among them there are some reviews where DaxRobot’s clients allegedly assure that it is a standard fraudulent system and a scam of people for money. But these texts are so full of water and emotions that it’s hard to judge about the company’s activity. We believe that these reviews have been written by unsuccessful profiteers or by order of their competitors. Or maybe both.

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Regulator of the trading robot

Any company working in the financial sector must have a license to operate. However, on the website of DaxRobot we did not find information concerning the regulation of the company. But this project is still young, and we hope that in the near future the management of the project will solve this problem. As far as we know, the partner-broker is also new in this field and is not regulated.
It turns out that DaxRobot is not authorized to provide investment advice. Although the robot is designed to give investment advice on when to buy or sell CFDs on cryptocurrencies and other assets.

User Agreement daxrobot.com

Like the regulation, DaxRobot has no user agreement. But the company warns users on its portal that information about the robot should not be regarded as a recommendation for CFD and Forex trading. DaxRobot.com is not licensed, it is not authorized to provide investment advice or related matters.

The project management warns clients that the information on the website cannot be regarded as investment advice. Any trading decisions made by a private trader are solely his or her personal responsibility. Clients who do not have sufficient trading knowledge should seek individual advice from an authorized source.

Trading CFDs and Forex carries significant risks, and there is a possibility that clients will lose all the money they have invested. Past performance is no guarantee of future returns. This site is independent of the CFD and Forex brokers or bots featured on it. Before trading assets, the client must make sure that he understands all the risks. In addition, Daxrobot.com, its agents and affiliates do not provide any services in the United States.

 

DaxRobot for CFD and Forex is a scam?

Any experienced trader knows how important it is to choose a reliable brokerage company. As practice shows, most users choose a more expensive system if it has additional guarantees. Fortunately, DaxRobot is one such site. On the company’s portal, we see that it deserves respect (awards, reviews) and does not bore users with unnecessary information.

Daxrobot.com gives customers feedback via online chat and e-mail. The support consultants answer all questions promptly. But the company does not provide an office address or phone number. There is also no regulation and no user agreement. However, as far as we know, many traders trust the system and have been working with the project for 1-2 years. At the same time they receive the income from automatic trading. With an investment of $1,000, some speculators manage to earn $3,500 or more per month. Therefore, to call the trading robot DaxRobot a scam and scammer is impossible!

 

Conclusion

Trading robot DaxRobot – is a free assisted trading tool that does not require any software downloads. It’s a new automated trading platform that can save you time and money. The system is very easy to use, so even a beginner can figure out what’s what.