What is TradeDax?
Broker overviewTradeDax is an Yes forex broker founded in 2018 and based in Australia. Clients trade on MetaTrader 4.
TradeDax is regulated by No.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the TradeDax bonus offers, and who the broker suits best.
- ✓Regulated since 2018 by No, with segregated client funds.
- $Cost to start: $100 minimum deposit and spreads from 0.1 pips.
- ⚡Flexible trading: leverage up to 1:500, hedging, scalping and news trading allowed.
- %Bonus: Yes, no no-deposit bonus.
Our short verdict
TradeDax stands out for its No licence, an affordable $100 minimum deposit and tight spreads from 0.1 pips. The main thing to watch: no no-deposit bonus.
More about TradeDax
TradeDax online trading broker and has been carrying out the activity for a long duration.
Is TradeDax safe and regulated?
TradeDax is supervised by 1 authority. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| No | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which TradeDax company will hold your account, because protection levels can differ between regions.
TradeDax account types and trading conditions
These are the main trading conditions listed for TradeDax. It offers Islamic, mini, VIP, managed accounts.
| Feature | TradeDax |
|---|---|
| Minimum deposit | $100 |
| Minimum spreads | 0.1 pips |
| Max leverage | 1:500 |
| Execution | Yes |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
TradeDax trading platforms
TradeDax supports MetaTrader 4. MetaTrader 4 remains the favourite for forex and Expert Advisors.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. The website is available in English.
TradeDax deposit and withdrawal methods
TradeDax accepts these deposit methods:
- Bank Transfer
- Visa
- MasterCard
- Skrill
- Fasapay
- China Union Pay
Withdrawals use the same methods as deposits.
Accounts can be held in USD, EUR, GBP. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
TradeDax bonus and promotions
These are the promotions listed for TradeDax:
TradeDax's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
TradeDax no deposit bonus: TradeDax does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
TradeDax pros and cons
Pros
- Regulated by No (since 2018)
- Affordable $100 minimum deposit
- Spreads from 0.1 pips
- MT4 trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
Cons
- No no-deposit bonus
- Very high 1:500 leverage greatly increases the risk of loss
- Trading terms can differ by region and group entity
How to open an TradeDax account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $100 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4. Practise first on a free demo account.
TradeDax customer support and contact
These are the contact details we have on file for TradeDax:
TradeDax review FAQ
Is TradeDax a regulated broker?
What is the TradeDax minimum deposit?
Does TradeDax offer a no deposit bonus?
What is the maximum leverage at TradeDax?
Which platforms does TradeDax support?
Is TradeDax good for beginners?
Final verdict: should you trade with TradeDax?
TradeDax scores 4.1 out of 5 in our review. Its strongest points are its No licence, an affordable $100 minimum deposit and tight spreads from 0.1 pips. Keep in mind: no no-deposit bonus; very high 1:500 leverage greatly increases the risk of loss.
If your main goal is a free no-deposit bonus, TradeDax is not the right fit. Compare it with other options on our best forex brokers page before deciding.