Daxiron Review

Read this Daxiron review if you want to trade with Daxiron broker. In this Daxiron review, we will discuss whether Daxiron is a legitimate brokerage or just another scam.

Daxiron Website: http://daxiron.com/

Daxiron Address: Roseau Valley, The Commonwealth of Dominica

Is Daxiron regulated or not? Unregulated

Daxiron Warnings: Financial Conduct Authority (United Kingdom), the Monetary Authority of Singapore (Singapore), Financial Supervisory Authority (Finansinspektionen (Sweden)

Domain Age:

Domain Name daxiron.com
Date Registered April 05, 2021
Domain Age 1 year, 9 months, 23 days, 22 hours, 32 minutes, 45 seconds

Daxiron Review 1

Daxiron Review: Introduction

Daxiron is an online trading broker claiming that investing in the international financial markets is simple. The website of Daxiron is http://daxiron.com/, and the company is located in Roseau Valley, The Commonwealth of Dominica.

They claim to provide standard CFDs, including commodities, stocks, indices, and forex trading on MetaTrader4, a web-based trading platform, and mobile apps. But as we know that the broker is making false statements. However, all the offers and claims are not true, and the broker is making false statements on their website. Read this complete Daxiron review to know more about this broker.

Is Daxiron legit or a scam broker?

The company Synnfrey Sol Ltd, which is registered in Dominica, owns the brand Daxiron. We used the word “supposedly” since the business is completely secretive, and it is impossible to find any information about it. Dominica is a dubious tax haven that doesn’t license Forex brokers, and the Caribbean island is teeming with scammers specifically because of the lack of regulation. Daxiron is a mysterious, unlicensed broker who might as well be a fraud operation, thus your money won’t be secure with them.

Warnings issued against Daxiron

Daxiron received warnings from several regulatory authorities such as the Financial Conduct Authority (United Kingdom), the Monetary Authority of Singapore (Singapore), Financial Supervisory Authority (Finansinspektionen (Sweden). According to the regulatory authorities, Daxiron is not a regulated and trustworthy broker and potentially be a part of a scam.

Trading Software

Daxiron falsely claims to offer MetaTrader4, and the trading platform is not truly accessible. The web-based trading platform has no advantages over MT4 and cannot be used to trade. The interface is unappealing overall, with too few indicators available and inadequate graphing capabilities.

Deposit and Withdrawal Methods

The minimum deposit amount offered by Daxiron is $250, which is more than the generally accepted industry standard of $100. They only provide credit or debit cards as a payment option.

Daxiron does not provide information about transaction fees or minimum withdrawal amounts. Although there are no defined withdrawal costs, Daxiron makes up for these via inactivity fees. The Terms state that a dormant account will be charged $40 per month, or approximately $500 annually, after six months of inactivity. The regulated brokers typically take little more than $5 to $10 each month. Daxiron is excessively expensive.

Complaints Negative Reviews

Daxiron has been thoroughly investigated by the trading-scams.com website, and as a result of the complaints and unfavorable reviews, this broker has been included in our scam brokers 2023 list. Here we mention all reasons why we claim that the Daxiron broker is not legitimate and may be a potential scam broker.

Daxiron Review Conclusion

If you believe you are a victim of a Daxiron scam or other online scams such as a forex scam, bitcoin scam, cryptocurrency scam, investment scam, romance scam, or social media scam, the first thing to do is to protect yourself from further risk.

Contact your bank and explain to them that you have been scammed by a scam broker so that they can give you instructions and immediately change your financial username and password.

Users also can take help from the trading-scams.com community for fund recovery. Fill out a complaint form on our website, and our specialist team provide free consultation and guide you in the fund recovery process.

Also, read Olympus4X review here.

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