TradeDAX is an offshore based Forex and CFD brokerage firm that offers a wide array of financial products for trading. It allegedly provided an MT4 trading platform with a minimum deposit of a staggering $500 to open an account. The platform is poorly designed and lots of confusion regarding its trading conditions.
Is TradeDAX Regulated?
TradeDAX is an unregulated platform operated by Black Parrot Limited, a company based in the Marshall Islands. The entity fails to provide any substantial information regarding its regulations. Moreover, the legality of the entity is also a matter of serious concern for investors.
How Safe Is It To Invest Your Money With TradeDAX?
TradeDAX is a dubious platform. It lures young traders promising unrealistic returns on investments. The official website is also not working appropriately and might have been out of business. Therefore, we recommend you not to associate such an entity with any investment proposals.
Want To Recover Back Your Lost Money From TradeDAX?
TradeDAX is another fraudulent entity in the world full of scammers. The Italian financial regulator CONSOB has issued a public warning against the entity. In case, if you have any fraud issues with TradeDAX, reach us. We will make sure you get back your lost money.