DXtrade Information
DXtrade, which is owned by Devexperts Solutions IE Limited or its affiliates (“ Devexperts ”) from India, is a software enterprise providing software products and services.
Since 2002, he has been consulting and developing for the financial industry, focusing on financial software development and assisting financial industry companies by providing custom software solutions.
It has developed three trading platforms for traders to trade different types of products. But it is currently unregulated.
Pros and Cons
Is DXtrade Legit?
At present, DXtrade is not regulated and transactions with it require attention to security.
What Can I Trade on DXtrade?
Through the trading platform designed by the broker, it is possible to trade Stocks, Options, Futures, Mutual funds, Bonds, Forex, CFDS and Cryptocurrencies.
Trading Platform
The first thing to note is that Devexperts does not provide access to the MT4/5 platform. Because Devexperts is a product IT company that develops software for capital markets, its core business expertise is trading platform, DXtrade XT developed by it supports brokers providing stocks, options, futures, mutual funds and bonds, and DXtrade CFD supports forex, CFDS and spread betting brokers. DXtrade Crypto supports cryptocurrency trading.
Customer Service
DXtrade supports customer service by phone and offline address. However, it does not provide services for individual traders and requires direct contact with brokers or proprietary companies.
The Bottom Line
DXtrade focuses on financial software development and currently has three trading platforms for traders to trade different types of products, and the types of products that support trading are also very diverse.
FAQs
Is DXtrade safe?
No, it's not safe. It is currently unregulated, meaning there is no external certification for its operations.
Is DXtrade good for beginners?
No, not for beginners. DXtrade focuses on the software development of the trading platform and is not open to individual traders. Therefore, beginners should look for other suitable brokers.
Is DXtrade good for day trading?
No, it does not apply to day trading. DXtrade's unregulated status and the absence of the MT4/5 platform make it not the best choice for day trading.
