Tradaxa Review

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Company Overview

Tradaxa is a unique forex broker that is owned by Sisma Capital Group and established by the experts who understand the foreign exchange market. The broker provides multiple fixed and floating spreads to its investors with spreads ranging from 0.5 to 5 for all major currencies. It keeps a leverage of 100:1 for forex, which helps develop a great forex strategy.

Trading Platform

Tradaxa offers the best forex technology in its trading software to give investors an edge. Its premium trading software is the industry standard MetaTrader 4. This software is powerful and flexible for investors. The company also provides an online platform called WebTrader, which is the software of Sisma Capital. This platform can be used even if the program has not been downloaded. Moreover, Tradaxa offers the Mobile Trader as well, which works with both iOS and Android phones. It also provides a tablet version that is compatible with both Android tablets and iPads.

Features

Tradaxa is a New Zealand-based forex broker that provides trading in both CFD and forex markets. The broker offers a Mini account, Silver account, Demo account, Gold account, and Platinum account. The Mini account can be created with as little as $500, which is suitable for retail traders at all levels who are interested in making a big initial deposit.

The range of markets available when trading with Tradaxa includes the standard worldwide indices such as the FTSE, NASDAQ, and Nikkei, forex markets and gold. The company also provides the ability to trade in the CFD markets and other markets that are traditionally expensive such as oil. The spreads are tight in the CFD market as it offers a fixed, variable, and ECN market for it. The markets can be traded with a one-click operation to take advantage of short-term movements as well. Tradaxa has relationships with UBS, HSBC, BNP Paribas, Merrill Lynch, Morgan Stanley, Credit Suisse, and Barclays, which means its liquidity is not an issue.

The company follows strict financial guidelines in the way it handles its clients’ money. It does not accept any payment from third parties. To help facilitate the movement of funds between the company and client, Tradaxa offers its clients the option of using a prepaid debit card. All these measures ensure that the client’s money is well protected from any suspicious activity.

Furthermore, Tradaxa offers educational services on its website, which include both videos and e-books. The broker also features an Automated Management Service that helps keep the trader from being overleveraged. A calendar and news are also featured on the main website, and the broker offers online seminars for traders to learn.

Customer Support

Clients of Tradaxa can contact the company via phone, email or online chat. Additionally, email addresses are provided on the broker’s website for different departments so that emails can be directed appropriately and the fastest possible response can be received.

Conclusion

Tradaxa may be new to Forex trading, but it is evident that the company is offering services that will appeal to a broad range of traders, who will be served brilliantly in their trading career.

Office website: https://pradaxa.com/

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