Although our DaxRobot review is poor and we don’t advise using this system, several other reliable robot-run trading systems are available. You may be wondering why robot-run 22/04/ · DaxRobot Results The offering of DaxRobot is quite clear from the outset. An easy to implement, auto-trading system or range of systems which will produce fast, effective 12/03/ · It seems that the people behind DaxRobot are on a tight budget, as the robot’s website doesn’t even have a video. From what we could gather – there appears to be some 14/05/ · DAXrobot Review by Martin Kay Seems like everyday there’s a new autotrading robot coming out, with fresh new promises to end all your financial troubles at the touch of a 02/08/ · DaxRobot is a CFD and Forex trading platform. The automated trading platform produces signals by considering a variety of algorithms and systems of recognizing patterns ... read more
DaxRobot have already garnered a significant amount of attention within the sector, with many reviewing their service in a largely positive light.
DaxBase is the parent company of DaxRobot, and is, at the time of writing, the only broker with which this automated trading software is partnered. DaxBase are also a relatively new broker and as yet there exists very few forex broker reviews of their service also.
The company will undoubtedly have sights set on growing these two services in tandem. As DaxRobot is a relatively new service. They are for now almost exclusively focused on operating their automated trading software and making this available to traders who wish to utilize it. DaxRobot offers a range of trading bots through its service, with new coming online all the time. Each robot which is available to be utilized operates with a number of variable characteristics.
With a large number of robots available. Traders should be able to find one which falls within their own trading strategy in terms of performance and risk levels. From the outset, it also important to note that each bot is locked besides a short one-minute demo period.
Each bot has a different minimum deposit required in order to unlock and implement its use. Presently, DaxRobot appears only to be integrated for use with DaxBase which is the parent company and forex broker connected to the service. When questioned on their future plans to integrate other brokers such as FXTM or another major forex broker , company representatives could not provide any clear answers as to the future plans for integration of the trading systems.
Ultimately, this means that in order to use DaxRobot, you should have and use a trading account through DaxBase broker. This introduces another dynamic of having to trust the reputation and features of this one specific broker which is also new to the sector. Use of the trading software is available in most locations. This follows the same model as the parent broker DaxBase which is available to all except US residents. For deposits and withdrawals, users are directed to DaxBase to open an account and deposit there.
Deposit methods which are available include Bitcoin, Ethereum, Litecoin, Dash, Skrill, and Netteller. Credit and debit card deposits are also available. For withdrawals, the same methods are available to traders, and the processing time with each method is almost instant. There is no specific fee for utilizing DaxRobot in carrying out your automated trades. This is also the case, even if you wish to specify the parameters of you own bot, which is allowed by the service.
Aside from this, there does not appear to be any additional fees levied by the company. DaxRobot makes several claims in order to attract traders to their service. At a foundation level, they claim to offer automated trading which is simple to get involved. They claim to be one of the best auto trading platforms in the sector, and that ultimately, your funds can double, or even triple through the course of just one day. There is also mention of being an award winning service on the DaxRobot page and that the process is entirely simplified to allow for the greatest potential when trading forex.
These claims are clearly designed with the aim of attracting those who are newer to forex trading with the lure of fast and relatively easy profits. The offering of DaxRobot is quite clear from the outset. An easy to implement, auto-trading system or range of systems which will produce fast, effective results to your bottom line as a trader. Indeed the service is very fast and simple to register. There are though, a number of reservations which any trader should bear in mind before engaging the service.
Primarily, the idea that you could double, or triple, your investment over the course of one day by engaging the system is incorrect and far-fetched. This would all rely very heavily on the market situation and it is difficult to assess how much these trading bots can really impact that situation.
This makes it extremely difficult for DaxRobot to live up to the claims and numbers listed on its site. The fact that integration is limited to only their own forex broker is also confining and disappointing.
The service also claims to be award winning, though no evidence of any awards can be found. Overall, the result obtained were satisfactory of a service which is free, but traders should certainly not be depositing with DaxRobot in the hopes of realizing vast wealth overnight. This is particularly applicable to those who may have had no initial intention of using DaxBase broker. This is undoubtedly a big issue, heightened even further by the fact DaxRobot is a very new service and connected with a forex broker that is also very new to the sector.
Typically, we see brokers such as Avatrade who have been active in the sector for many years and are often well-regulated. This is not the case with DaxBase, the parent company of DaxRobot where you must trade in order to use the service. They are not regulated, and this is something which rightly triggers caution among most traders. The website, although appearing simplistic and well formed, also features a number of minor errors, such as typos.
These are indicative of a less than professional approach which may concern users. This could also be the result however, of their recent start of operations. What you will get is a webpage that looks like it was put together in 3 hours or so. The info on that minimalist website is bare of any help. It doubles or even triples whatever you invest on a DAILY BASIS!!!
Imagine that…. No info about how it works or how much money we can make unless you count that claim about doubling or tripling your money every day.
A collection of robots on the left-hand side and the main part of the screen covered by assets. To use the robots you have to unlock them and to unlock them you have to deposit. You will not pay for the robots — what you deposit is still your money at least in theory. It is not clear if the profit percentage will be reached in a day, a week or a millennia, but it looks nice to see three-digit percentages, so why not put it there.
What about the indicators the robots are based on? Well let me tell you, these are free tools available on any decent trading platform and if they were as profitable as Daxrobot claims, everybody and their grandpa would be rich. Now here comes the interesting part: the broker you will be depositing to is called Daxbase and has the same color scheme as Daxrobot. All or the vast majority of robot websites work as affiliates for brokers: if you want to use the autotrader for free, you need to deposit with their recommended broker and they get an affiliate commission.
I think not! We here at ThatSucks.
Sign up and trade with the best CFD and Forex broker in the industry with the highest payouts ever. Use your credit card, Bitcoin, Ethereum, Litecoin and other payment systems to fund your account and get started. The software goes to work automatically for you. Based on the pre-defined level of income you can double or even triple your result in one day! Robot Easy steps Brokers Awards Login Sign up. DAXrobot is the automated CFD trading system designed to trade for you Sign up.
Select broker. Awards Get the robot. Disclaimer: Information on DaxRobot should not be seen as a recommendation to trade CFD and Forex. com is not licensed nor authorized to provide advice on investing and related matters. Information on the website is not, nor should it be seen as investment advice. Any trading decisions that you make are solely your responsibility. Clients without sufficient knowledge should seek individual advice from an authorized source.
CFD and Forex trading entails significant risks and there is a chance that clients lose all of their invested money. Past performance is not a guarantee of future returns. Before trading with any of the brokers, clients should make sure they understand the risks.
DaxRobot nor its agents or partners are not registered and do not provide any services on the US territory. Your browser does not support the video tag.
11/03/ · Rating: 1 Beware! Daxrobot is most probably a scam system! Your investment may be at risk. Don’t put all your eggs in one basket. Open trading accounts with at least two 14/05/ · DAXrobot Review by Martin Kay Seems like everyday there’s a new autotrading robot coming out, with fresh new promises to end all your financial troubles at the touch of a English DAXrobot is the automated CFD trading system designed to trade for you Sign up 1 Select the robot based on desired level of income 2 Launch the robot 3 Enjoy your balance 12/03/ · It seems that the people behind DaxRobot are on a tight budget, as the robot’s website doesn’t even have a video. From what we could gather – there appears to be some 22/04/ · DaxRobot Results The offering of DaxRobot is quite clear from the outset. An easy to implement, auto-trading system or range of systems which will produce fast, effective 02/08/ · DaxRobot is a CFD and Forex trading platform. The automated trading platform produces signals by considering a variety of algorithms and systems of recognizing patterns ... read more
Do you like to lose money with your live account so easily? Humans have emotions, obviously, and emotions can impair judgment. This platform is simple compared to other auto-traders with a lot of complexities. Information on the website is not, nor should it be seen as investment advice. Trade are initiated and instantly loss 10 to 40 dollars per trade. After signing up for the DaxRobot trading platform, you need to select a robot from the robots list. This broker service is also not regulated.Open An DaxRobot Account. Learn More About DaxRobot Broker. They also offer a demo account that allows the traders to experience the DaxRobot user-friendly trading platform. DAXbase is operated by Clever Technologies. Withdrawal Process, daxrobot review.