GREENDAX REVIEW

Comments Rating 4.5 (50 reviews)

GENERAL INFORMATION

Broker Name:

Greendax

Broker Type:

CFD

Country

N/A

Regulation:

N/A

Address:

Level 12, One Peking 1 Peking Road, Tsim Sha Tsui Hong Kong

Broker status:

Active

CUSTOMER SERVICE

Phone:

+18008316765

Languages:

English

Availability:

24/5

TRADING

Trading platforms:

Proprietary

Trading platform Time zone:

N/A

Demo account:

No

Mobile trading:

Yes

Web-based trading:

Yes

Bonuses:

No

Other trading instruments:

Yes

ACCOUNT

Minimum deposit ($):

$250

Maximal leverage:

1:400

Spread:

Floating From 0.0 Pips

Scalping allowed:

Yes

2022 Review of Greendax: Broker with opportunities

Greendax is an online broker that allows its customers to trade a range of assets. The broker makes advantage of CFDs, a popular way for brokerages to amass a substantial asset library. While some traders steer clear of CFDs, we believe the vast majority are unaffected. The benefits of having access to assets across numerous classes outweigh the drawbacks of utilizing CFDs as trading instruments. Later in our Greendax review, we’ll go into more depth about the assets the brokerage offers. Let’s begin by providing some extra background details on the broker. It has offices in Beachmont, Box 22222, Kingstown, Suite 222 of the Griffith Corporate Centre in Saint Vincent and the Grenadines. In 2022, the broker—a modern brokerage with modern technical features—started operations.

General overview of Greendax

Its audience is further expanded by its reasonable budgetary requirements. It offers a $250 minimum initial deposit requirement for a live account compared to many brokerages. Greendax follows current trends regarding the user interface and navigation of the website. It goes to the point on its website and doesn’t squander much money. Leading you in the direction you wish to move quickly offers you access to the information you need. Consequently, browsing is enjoyable, and time spent weeding through advertisements is saved.

Our initial evaluation of Greendax is quite positive. It’s a broker that doesn’t hesitate to follow its path and craft customer-friendly service offerings.

Regulations

Safety is the foremost concern for anyone considering trying out a new brokerage. Many Safety is a major worry for anyone considering testing out a new brokerage. Many people have been burned by shady internet brokers; they blatantly wish to steal from you. Some brokerages make it obvious they’re doing it by taking your money out as soon as you deposit it. Others take a less direct route, complicating withdrawals or adding fees to your account. No matter what happens, you lose your money.

Greendax review

For this evaluation, however, we found no issues. The broker passed our inspection without exhibiting any signs of animosity against users. Its customer care is kind and efficient, fixing any issue. Additionally, it encourages effective communication and keeps everyone up to date. The account verifiers and encryption external security measures should be emphasized last. Both do a great job of protecting users from outside influences, provided that users are responsible for their own online safety.

Opening an Account and Trading Software

Greendax makes it apparent what you need to do to sign up by placing many buttons around its website. They are quite easy to find since they stand out against the backdrop, and you can start the process whenever you want. You must provide basic information on the register screen, including your address and age. You must abide by Greendax’s legal requirements; thus, it is obvious why they want such details. A KYC check will be done when you submit the form. After that, you’ll be able to create a genuine account.

On the broker’s website, there are further fields where you may input a promotional code and select your currency. The former is advantageous to you and the person who referred you to the broker. When making deposits, the latter helps avoid misunderstandings and conversion rate problems. These great UX components enhance your experience and halt issues in their tracks.

Trading Software Greendax

Greendax Review of Account types

A $250 minimum deposit is needed to open a live account, as we previously said in our Greendax review. The broker only ensures you have adequate spending money, but it still indicates you are free to trade with that sum of money. The broker must also establish the risk profile to meet regulatory standards. However, if you pay the initial $250, you may get the basic account, which offers you access to all the necessary services.

You can still trade in a fully competitive environment, even with a basic account. You are included in all key features, and the spreads are small regardless of your account level. Consequently, greendax.com ensures equality amongst different traders using its service. You can choose an upgrade option now or later, but it is still accessible. The initial upgrade only requires a total cost of $1,000, making it quite easy to get. Most experienced traders will automatically come to that conclusion as they trade.

The next variants cater to luxury dealers and have much higher deposit requirements that run from tens to hundreds of thousands. They promise lavish service and a few extra comfort features. The following is a list of what the accounts at greendax.com have to offer:

Standard

  • From $ 250
  • Basic access to market instruments
  • Desktop/Web Terminal
  • Mobile Trading
  • Analytical Materials
  • One Click Trading

Tera

  • From $ 1,000
  • Basic access to market instruments
  • Desktop/Web Terminal
  • Mobile Trading
  • Analytical Materials
  • One Click Trading
  • Swap Free/Islamic
  • Daily Analysis

Alpha

  • From $ 25,000
  • Basic access to market instruments
  • Desktop/Web Terminal
  • Mobile Trading
  • Analytical Materials
  • One Click Trading
  • Swap Free/Islamic
  • Daily Analysis
  • Market Coverage

Investor

  • From $ 100,000
  • Full access to market instruments
  • Desktop/Web Terminal
  • Mobile Trading
  • Analytical Materials
  • One Click Trading
  • Swap Free/Islamic
  • Daily Analysis
  • Market Coverage
  • Special Market Coverage
  • Personal Account Manager
  • Trading Strategies Allowed

Professional

  • From $500,000
  • Full access to market instruments
  • Desktop/Web Terminal
  • Mobile Trading
  • Analytical Materials
  • One Click Trading
  • Swap Free/Islamic
  • Daily Analysis
  • Special Market Coverage
  • Trading Strategies Allowed
  • VIP Personal Manager
  • Special Event Invitations
  • Private Instant Support
Greendax Review of Account types

Greendax.com: Review of Assets and Trading Instruments

Indeed, it is a modern brokerage, as we previously noted in our Greendax review. That naturally includes its platform, which was created to be as efficient and user-friendly as possible. As a result, it is easy to get for individuals who are switching over or even those who are just starting their trading professions. It also avoided the pitfall of oversimplifying the platform to make it as user-friendly as feasible. Instead, it is fully adjustable, allowing beginners and experts to trade according to their preferences.

The platform offers a wide variety of chart types, order types, and capabilities for sophisticated analysis. This suggests that it is a useful tool that aids in your professional development and improves as you acquire confidence. You can access the platform via a mobile device’s browser or the Web Trader. The software is accessible regardless of your platform because it supports Android and iOS.

Greendax Review of Finance and Price

Pricing is a crucial factor for any broker. Companies need to ensure they have enough funding for operations and profits. To compete with other online brokers, they need to lower their fees to the absolute minimum possible level concurrently. The overwhelming majority place an undue focus on securing gains, which makes them a poor choice for trading. However, Greendax puts its clients first and has therefore made sure to provide fair pricing. The business employs spreads as a finance method, which decreases user costs. Assuring trade openness, it also doesn’t feature any extra costs.

We already highlighted that the broker is a CFD trading company in our evaluation of Greendax. As we’ve said, most traders stand to gain far more from this than they lose. Profit-driven traders don’t care if you don’t own the underlying asset, which is a concern. That is especially true for those who quickly liquidate their goods via day trading strategies.

On the bright side, the broker offers a massive trading library to its clients. Each region is substantial and provides opportunities across the board for trading instruments. All the popular features are included, and a few unique options for those who want to go further. These are the product trading categories on greendax.com:

  • Forex
  • Stocks
  • Commodities
  • Indices
  • Cryptocurrencies

Greendax follows the conventional brokerage support system. It is accessible seven days a week, 24 hours a day, by phone, email, or live chat.

Phone: +18008316765

[email protected]

Greendax Review Conclusion

Greendax’s model brokerage seeks to provide traders with a positive experience. It knows that if it successfully achieves that, then profits will come. On the other hand, many modern firms deliberately want to profit from their clients. Not surprisingly, it also results in a far nicer service. We recommend using the broker as our last recommendation after evaluating greendax.com. There are many choices, and the broker encourages your growth and safeguards your safety. Greendax has created a fresh service by focusing on the elements that matter to users. The user experience is unmatched by most comparable companies, and because it is adaptable, anybody can use it.

But the benefits go beyond ease. Cozy brokers, albeit pleasant, usually result in much higher costs. Greendax maintains low operating costs, superior trading capabilities, and a fluid user experience. That naturally offers the broker a positive evaluation of the outcome of our Greendax investigation. We advise you to seriously consider Greendax if you’re looking for a new trading company.

COMMENTS

4 Comments

  1. Greendax Review, Greendax Review Diego Mendez 01.12.2022
  2. Greendax Review, Greendax Review Alexandra Jonscher 18.11.2022
  3. Greendax Review, Greendax Review Michael Martin 17.11.2022
  4. Greendax Review, Greendax Review Phillip Wilburn 17.11.2022

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