Score
DAX-300
Saint Vincent and the Grenadines|5-10 years| https://www.dax-300.com
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Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 20 80891542
Other ways of contact
Broker Information
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ELRICS Brothers Limited
DAX-300
Saint Vincent and the Grenadines
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | € 250 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:200 |
| Minimum Deposit | € 5.000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | € 20.000 |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | 0.01 |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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DAX-300 · Company Summary
Note: DAX-300' official website: https://www.dax-300.com is currently inaccessible normally.
| DAX-300 Review Summary | |
| Founded | 2017 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Forex pairs and CFDs on indices, commodities, stocks, and cryptocurrencies |
| Demo Account | ✅ |
| Leverage | 1:400 |
| EUR/ USD Spread | Fixed 3 pips |
| Trading Platforms | MT4 |
| Minimum Deposit | €250 |
| Customer Support | Phone, email |
Dax-300 is an offshore Forex and CFDs broker. It offers MT4 trading platform with three kinds of live accounts. Demo accounts are also available. But it has no regulation and the website is not available currently.
Pros and Cons
| Pros | Cons |
| MT4 available | Registered offshore, website similar to XMs |
| Wide spreads | |
| Not regulated | |
| Inaccessible website |
Is DAX-300 Legit?
It is not safe to trade with DAX-300. St. Vincent and the Grenadines is known for its minimal regulatory requirements. Additionally, the DAX-300 website is currently inactive, indicating that the broker has halted its trading services and is not in operation.
What Can I Trade on DAX-300?
DAX-300 offers trading in many forex pairs and CFDs – on indices, commodities, stocks, as well as some of the most popular cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
DAX-300 offers the STANDARD, GOLD, and PLATINUM accounts with the minimum deposit of € 250,€ 5, 000 and € 20, 000. Besides, the demo and Islamic accounts are also available.
Leverage
DAX-300 offers varying leverage options for its trading accounts. The STANDARD account provides a maximum leverage of 1:100. The GOLD account increases leverage to 1:200. Meanwhile, the PLATINUM account features the highest leverage at 1:400.
Trading Platform
DAX-300 offers MT4. This industry-leading platform is known for its robust capabilities and extensive suite of features, which are designed to help traders execute their strategies with precision and efficiency.
Deposit and Withdrawal
DAX-300 accepts Credit/Debit Card, Neteller, Skrill, WebMoney, and Bank Wire Transfer.
Customer Service
DAX-300 supports phone and email to contact.
| Contact Options | Details |
| Phone | +44 20 80891542 |
| SUPPORT@DAX-300.COM | |
| Contact Form | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | ❌ |
| Physical Address | C/o Suite 305, Griffith Corporate Centre, Beachmont,Box 1510 Kingstown, St. Vincent and the Grenadines |
The Bottom Line
Overall, Dax-300 is a shady brokerage and is not recommended mainly due to its unregulated status, inaccessible website, and high spread set.
FAQs
Is DAX-300 safe?
No. It is not regulated well.
Is DAX-300 a good for beginners?
No. Though it offer MT4 and demo accounts, their trading conditions are not safe.
What security measures does DAX-300 have in place to protect my funds and personal information?
No.
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