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Greendax Review and Information 2022

Greendax Information and Review Greendax
Registration Open Account Now
Rating 70 %   30 %
Reviews Rating
Status
Regulation n/a
Trading software Webtrader, Android, iPhone/iPad, Client Terminal
Headquartered Level 12, One Peking 1 Peking Road, Tsim Sha Tsui Hong Kong
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Greendax is a new online broker focusing on delivering a quality trading environment with innovative services to traders worldwide. Introduced in 2022, the platform may not ring any bells, but it is equipped to serve new and expert traders, providing access to tools and facilities to help them meet their needs and goals.

Greendax’s market analysis may provide an excellent foundational framework, methodology, and approach for first-time traders. Such materials could help them develop an understanding of being a trader in the global markets.

Having quite the portfolio of assets, this broker supports trading in six markets, including the digital currency market, a place that several online brokers chose not to explore. At Greendax, traders can buy and sell cryptocurrencies such as Bitcoin, Ripple, and Cardano without creating a wallet or exchange account. 

Regarding the safety of funds, Greendax uses a high level of encryption for all transactions. The platform also strives to ensure that the transactions align with the industry’s data protection standards to protect clients’ sensitive information.

Greendax detailed information and reviews

Trading Products 

Greendax allows traders to directly access more than 1,200 assets and five of the world’s active markets with 24/5 multi-lingual customer support.

Markets available on the platform:

This broker offers the usual candidates, although it goes further by providing precious metals and cryptocurrency trading, letting investors bet on digital currencies such as Bitcoin, Ripple, and Cardano. Additionally, market players can trade currencies with leverage up to 1:400.   

Account Types

Traders can find a suitable account type with Greendax, regardless of their experience levels. The broker offers six different trading accounts for users to open. Here’s a rundown of the accounts provided by the platform.

Beginner

New investors can get to know Greendax and the trading space with the Beginner account. Traders can set up this starter account by funding a minimum of 2,500 USD and gain access to the following features:

Standard

The Standard account extends the features of the Beginner account mentioned above with Daily Analysis and support for a Swap Free/Islamic account. That makes this account ideal for traders looking to participate in the markets in accordance with the Sharia Law. To open this account, investors need to meet the minimum deposit requirement of 5,000 USD.

Intermediate

The Intermediate account is perhaps the best basic account for new and more advanced traders. This account combines the features of the Basic account with the Standard account, adding Market Coverage to its list of benefits. Note that traders interested in opening an Intermediate account need to make sure that they can meet the minimum funding requirement of 25,000 USD.

Advanced

Greendax’s Advanced account may appeal to experienced traders, considering the various features it provides:

A vital factor to consider with creating an Advanced account is that traders must fund their accounts with a minimum of 50,000 USD.

Integral

The Integral account can be an option for traders if they want access to the aforementioned features offered by the Advanced account plus a Private Instant Support, which provides them with more tailored assistance. Still, this account requires a minimum deposit of 100,00 USD. Therefore traders need to think carefully about whether they truly need the Private Instant Support or they can work with an Advanced account.  

VIP

Similar to other VIP trading accounts, Greendax’s VIP account is designed for experienced, high net worth traders. This account offers superior service with a personal manager to handle traders’ demands.

Moreover, the VIP account leans on the pricey side in terms of the funding required to set it up. To be eligible for this account, traders must have the financial capability to deposit 250,000 USD or more.   

Trading Platforms

Greendax offers a trading platform that features sophisticated analysis tools with customizable, interactive charts where traders can access real-time data of their preferred securities. The terminal is available through desktop software installation, the web, or mobile app download.

Trading platform’s features:

Greendax’s desktop trading platform presents a user-friendly interface with programming features that are not too difficult to understand. This platform is customizable and offers a broad range of indicators and charting tools. On the other hand, traders can open and close their trades with Greendax’s web-based interface minus the need to download or install software. The web trader works properly on web browsers, like Chrome, Microsoft Edge, or Opera on any operating system.

Greendax also caters to traders who are on the go by providing a mobile trading app. The mobile trader is available to download on Android and iOS devices and allows users to sync their trades on their phones or tablets.

Additionally, the app is equipped with real-time charting tools and all features necessary to let traders manage their accounts through their smartphones or tablet devices.

Deposits and Withdrawals 

Traders can fund or cash out from their Greendax accounts via Visa or MasterCard, Skrill, or Neteller. The broker also supports bank wire transfers, although the deposit or withdrawal may take a few days to process. In addition, Greendax charges no commission or extra fees on deposits or withdrawals made on its platform. However, traders need to keep in mind that if a withdrawal transfer has been canceled or returned by the bank, Greendax can charge them the equivalent amount of any banking fees incurred.  

Greendax Summary: Is it worth it?

Greendax’s range of accounts and features can appeal to new and experienced traders. Plus, its support for trading cryptocurrencies such as Bitcoin and Ripple provides another reason for investors to consider this broker. While it’s not yet an entirely solid choice for investors, beginner and professional traders may still appreciate its platform and products and services. Moreover, Greendax allows users to invest in nearly as many securities as any other broker out there.    

Greendax Trading Information 2022


WWW https://greendax.com/
Address Level 12, One Peking 1 Peking Road, Tsim Sha Tsui Hong Kong
Headquarters Hong Kong
Free phone +18008316765
24 hour support
Free education
Mobile trading
24/5 trading
Scalping
Hedging
Digits after the dot in quotes 3,4
Minimum position size 0.1
Pip spread on majors 0.1
Spread Type Variable
Maximum Leverage 400
ECN, $
STP, $
Standard account, $ 5000
Mini account, $ 2500
Popular payment methods Visa, MasterCard, Wire transfer, Bitcoin
Account currencies USD, GBP, EUR
Available assets Currency Market, Commodity Market, Spot Metals, Index Market, Digital Market, Stock Market
Languages English
Platforms Webtrader, Android, iPhone/iPad, Client Terminal
Broker type MM
Regulation n/a
Foundation 2022

Greendax Reviews and Comments

Two-thumbs up for this broker company. They have easy account funding and withdrawal process. Deals are also competitive, I gain really good income for my family.
  23 Jun 2022  
I can easily trade on multiple markets on my account. I can access several markets easily. Great trading tools.
  8 Jun 2022  
Accommodating customer service. Every time I send message about any concerns, they immediately call me and address my needs. The trading platform has a large number of built-in tools, and there is also an excellent opportunity to make money.
  31 May 2022  
This is a good broker for forex trading. Services are effective and signals are profitable. Also, I never face any issues with withdrawals.
  27 May 2022  
Easier and faster withdrawals. I have used their services for the past few months and so far satisfied with my profit. All transactions are smooth and that includes withdrawals.
  24 May 2022  
All Greendax Reviews

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