IMPORTANT UPDATE AND WARNING:

We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as TradeFred.



Duxa Capital Review 2019 – Is it Safe or a Scam?

Duxa Capital Review

9.4

Duxa Capital Broker Rating

9.4/10

Duxa Capital – Why Go for It?

With a large number of options at your disposal when you are checking out brokerages, choosing one can become a challenge. It doesn’t matter what asset you are interested in trading, whether it is the forex market that interests you or cryptocurrency that has lured you in; you still need a broker. They provide you with the asset index, the platform and the tools that you need to begin trading. The only problem is finding the right one because there are plenty. Also, not all can be trusted as the industry is notorious for scams and you don’t want to be a victim of one.

Duxa Capital

Amidst your search, you will come across the name of Duxa Capital online trading platform. Established 9 years ago, this broker has stepped onto the trading scene thanks to the efforts of people who have had years of experience in trading. It has been developed to work for all kinds of traders, no matter what their background or experience. Therefore, it can provide tons of incentives to you, whether you are a beginner or an expert trader. Duxa Capital has made a lot of effort in making itself a comprehensive and complete solution for every trader and this becomes obvious when you take a look at it.

If you are still wondering why you should consider using Duxa Capital for your trading needs, here are some great reasons to give it a try:

Duxa Capital has an easy sign up process

One of the first things you will notice about Duxa Capital is that it has made the sign up quick and simple. It doesn’t take you hours to fill out any forms and you don’t have to provide tons of documentation to get started. You just need to provide basics like your name, email address, username and password. The key is to ensure all your information is authentic and correct. If it is not, it can become a problem for you to make withdrawals later on.

Duxa Capital has a huge asset index

What is the point of signing up with a broker when they don’t have many financial instruments for trading? You are entering the trading market for the purpose of making a profit and it is only possible when you can diversify your investment to keep risks at a minimum. You don’t want to be restricted to only a few assets when the market has so much potential. Duxa Capital gives you the freedom you need to broaden your focus. They have a huge asset index, which includes everything from commodities, indices and stocks to foreign currencies and cryptocurrencies.

Bear in mind that the broker supports CFD (Contracts for Difference) trading, which means you are not investing in the physical asset. You are simply trading a contract that predicts the movement in price of a specific asset. If your prediction is right, you profit or else you make a loss. There are more than 1,000 trading instruments that you will find at Duxa Capital and this includes some of the top offerings in every financial market of the world. You will have no problems in adding to your portfolio and can choose to trade a specific asset or spread it out as much as possible.

Duxa Capital has an easy-to-use trading platform

The trading platform is one of the most important aspects of a broker because it is from where you make your trades. Therefore, it is one feature that you cannot ignore and can often be a deal breaker. Obviously, you would want a platform that’s easy to use and doesn’t give you much trouble. Moreover, there shouldn’t be a big learning curve and every tool should be easily accessible. Knowing so, Duxa Capital has ensured that you find exactly what you need with their trading platform.

The broker has developed a web-based trading platform, which you can access through the broker’s website. This is undoubtedly a benefit because it means that no installation or download is required. Plus, you can access the trading platform via any browser, irrespective of device. You don’t have to be bound to a specific device. The platform is quite intuitive and you can execute all your transactions in real-time. The dashboard is easy to use and works seamlessly. The trading platform doesn’t suffer from any lags or delays as it doesn’t depend on your device’s performance.

Other than that, Duxa Capital has also incorporated a mobile option as it has become vital in today’s tech savvy world. You can find an option for both Android and iOS and it gives you the freedom to trade on the go. This is quite useful because it allows you to take advantage of changing trends right away instead of having to wait until you gain access to your laptop. The tools and features work just as well on the mobile version as on the web-based one, which makes it a solid addition.

Duxa Capital offers multiple account options

After you have ascertained that you have a good trading platform to use when you sign up with a broker, you need to take a look at their account options. Brokers are known to offer variety in this regard, but sometimes the options are quite restrictive, which can be a problem. This is not something you have to worry about when you check out what Duxa Capital has to offer. First and foremost, you have the option of a demo account, which is quite a bonus. It gives you the opportunity to test drive the broker’s trading platform and conditions to ascertain if it works for you or not.

In addition, this account gives you the chance to get in some practice, particularly if you are new to the trading world. Other than that, there are a total of six account types that you will find at Duxa Capital. This means that no matter what kind of trader you are, there is something for you to be found. These accounts have been designed for traders of different skills and experience levels. Let’s take a look at the options:

Basic Account: This is the first account type you will come across and the minimum deposit requirement starts at EUR 500 and you can go as high as EUR 9,999. Trading alerts are part of this account and you also get trading signals once a day. Loyalty bonus and insurance for this account is at 10% and the junior account manager is available for 2 weeks. You also have part access to the education center and customer support is available 24/5.

Silver Account: This is the next option and the deposit requirement begins at EUR 10,000 and goes as high as EUR 100,000. This account has the features of the basic account, but there are some additions in the form of advanced charts, increased loyalty bonus and insurance to 20%, saving account option and WhatsApp notifications.

Gold Account: The third account option starts with a deposit of EUR 100,000 and goes as high as EUR 249,000. Exclusive updates, full access to education center, increased loyalty bonus and insurance to 30%, trading signals twice a day, unlimited junior and senior account managers and group of analyst are some additional features for this account type.

Platinum Account: This account can be opened with a minimum deposit of EUR 250,000 and maximum deposit of EUR 499,000 is required. The loyalty bonus and insurance are increased to 60% and trading signals are increased to three times a day.

Diamond Account: The deposit requirements for this account type are more suited for experienced and professional traders as they start at EUR 500,000 and can go as high as EUR 1,000,000. Now, trading signals are unlimited and insurance and loyalty bonus are both at 80%. You also get exclusive invitation for VIP Events.

Millioner Account: The last account option, this account can be opened with EUR 1,000,000. It offers every single feature that Duxa Capital has on its trading platform and traders can even enjoy the company plane for attending VIP events.

As there are so many options, you will have absolutely no problem in finding an option that works for you.

Duxa Capital has great spreads and leverages

Checking the spreads and leverage offered by a broker is also important because they can have an impact on how much profit you get to take home. It is a fact that you want to earn as much as possible, but sometimes it can be a problem when a broker decides to charge commission on trades. This means that the greater your trading volume, the more you have to give to the broker. Luckily, Duxa Capital doesn’t make its money through commission. Instead, it has chosen to use spreads for this purpose.

Spreads refers to the difference in the buying and selling price of an asset and you can enjoy some of the tightest spreads in the industry when you sign up with Duxa Capital. This means that you only have to share a little with the broker and can walk away with most of your earnings. As far as leverage is concerned, it varies for the asset you are trading. Duxa Capital has ensured you can find good leverage to maximize your returns and not increase your risks by too much. 1:200 is the leverage that’s applicable for most assets you will find.

Duxa Capital provides numerous deposit and withdrawal options

Making deposits and withdrawals should always be made easy for traders, but not many brokers are so accommodating. Therefore, it is a nice surprise that Duxa Capital has made both actions as convenient as possible. Firstly, you will find a variety of deposit and withdrawal options and you have the option of choosing one that suits your needs. You can go with debit and credit cards, including both Visa and MasterCard, which is a quick option. Deposits are free, but withdrawals incur some charges. There is also bank wire transfer, which is extremely secure, but does take some time.

The online payment options have also been added, including Neteller and Skrill, which are very fast and convenient for traders. Plus, they also don’t involve a lot of charges. Last, but certainly not the least, a crypto wallet has also been provided by Duxa Capital so traders can use their digital coins for making deposits and withdrawals easily. There are no major withdrawal charges applicable by the broker, but the method you use may have some fee associated with it.

Duxa Capital prioritizes security

The fact that security has become a paramount concern for traders these days has not escaped the notice of Duxa Capital. They have placed a lot of emphasis on the security measures that have been implemented on their platform in order to ensure that you don’t have to deal with any problems. When it comes to securing your information, the broker has gone for the highest SSL security protocols to keep it safe from third parties and cyber-criminals. They have also applied 256-bit encryption to keep every piece of data hidden. As for protecting the funds, the broker maintains segregated accounts.

Hence, the funds are kept separate from that of the broker in order to avoid any discrepancies. Furthermore, there is also an AML (Anti-Money Laundering) policy in place to prevent the platform from being used for any illegal activities. Also, a KYC (Know your Customer) policy is also applicable, which means every trader who signs up have to verify their identity before being able to trade. You have to provide proof of identity by submitting a scanned copy of any government-issued ID. Proof of address also has to be given via bank statement or utility bill.

Bottom Line

These are some of the reasons why Duxa Capital stands out in the sea of brokers. If more reasons are needed, you can consider the plethora of trading tools, the impeccable customer support and the extensive training and educational material that make this broker an all-in-one solution for every trader.